MEDICAL BILLING AND CODING

Medical Billing and Coding

Medical Billing and Coding

Introduction

Medical billing & coding are one of the most well known and important aspects in the field of health care industry. People appointed in this field play an instrumental role in looking after the billing, insurances, organization, coding etc aspects of a hospital which ensure the smooth running of the entire establishment. It is related to administrative aspects of healthcare facilities and plays crucial role in bringing more clarity and ease in the complex payment mechanism (King, 2004). With the rise in technology and advancement of healthcare, doctors are in dire need of the best medical billers and coders in business.

A lot of people classify medical coding and billing as one particular stream which is a fallacy. Medical billing is totally different from coding but the jobs are interrelated. Both the jobs involve an equal amount of industry and skills. A person with an interest in both billing as well as coding may face a tough time in choosing a path of study.

Difference between Medical Billing and Medical Coding

Medical billing & coding are one of the most well known and important aspects in the field of health care industry. People appointed in this field play an instrumental role in looking after the billing, insurances, organization, coding etc aspects of a hospital which ensure the smooth running of the entire establishment. It is related to administrative aspects of healthcare facilities and plays crucial role in bringing more clarity and ease in the complex payment mechanism. With the rise in technology and advancement of healthcare, doctors are in dire need of the best medical billers and coders in business.

A lot of people classify medical coding and billing as one particular stream which is a fallacy. Medical billing is totally different from coding but the jobs are interrelated. Both the jobs involve an equal amount of industry and skills. A person with an interest in both billing as well as coding may face a tough time in choosing a path of study. Comparing both the jobs in every aspect is vital before arising to a conclusion (Knight & Yorke, 2003).

Medical billing Job Description

Medical billing is a job for people with a highly responsible attitude. The job requires looking into a complex billing mechanism thus requiring a smart, intelligent and logical medical biller. The job duties include

Collecting, posting and managing of all the account payments.

Processing payments from insurance companies and preparing a deposit.

Evaluating and checking into the financial strength of all the patients to establish budget payment.

Participating and involving in all staff activities and meetings.

Maintaining strict secrecy by following guidelines set by HIPAA.

Billers also keep in touch with patients via phone in order to correct or resubmit claims to third party payers.

Medical Coding Job Description

Medical coding requires a good logical ability and interest to deal with complex medical data simplified into symbols. Every time a patient visits a healthcare facility, the relevant health care stats are ...