Florida Education Institute’s Medical Billing and Coding program covers both the coding and billing skills in order to give the students more opportunities upon graduation. The Medical Billing and Coding program prepares students to organize and analyze information from patient records and combine that information with knowledge of insurance reimbursement and coding guidelines to optimize physician payments.
What do Medical Billers and Coders do?
The medical coder really must be very specific in telling the the whole story of the patient’s encounter with the physician or medical facility in order to assure that the correct reimbursement for services rendered is requested.
Medical coders typically do the following:
• Transfers healthcare diagnosis, procedures, and medical services into reimbursement codes
• Review, interpret, and process important medical documents
• Ensures codes are assigned correctly using CPT®, ICD-10-CM, and HCPCS Level II
• Ensure accurately assigned codes for billing and reimbursement purposes
• Work as liaison between health provider and billing offices
• Verifies care provided for coding purposes
• Appeals of denied claims.
On the other side, medical billers process and follow up on claims or invoices sent to health insurance companies for reimbursement of medical services provided by the healthcare provider.
Medical billers typically do the following:
• Process and follow up with insurance claims
• Review and interpret medical billing documents
• Submits bills to insurance companies and other payers
• Communicates with insurance and healthcare professionals
• Processes payments
• Collections procedures
Is this Career for You?
So are you looking for a career with growth and self-employment potential in the healthcare field but with little or no contact with patients? If so, the Medical Billing and Coding program may be right for you and your entry into this highly demanding sector of the healthcare industry.
Successful Medical Billing and Coding students can be described as:
• Attention to detail
• Organized and analytical
• Liking to work with computers
• Good with deadlines and follow up
• Able to adhere to policies and procedures
Some of the coursework in our program covers:
• Anatomy and Physiology
• Coding Concepts
• Procedural Coding
• Medical Terminology
• Healthcare Insurance
• Hospital Billing
• Coding Practice
According to the Bureau of Labor Statistics, employment of medical records and health information technicians, including medical billers, is projected to grow by 15% from 2014 to 2024, faster than the average for all occupations. The demand for healthcare services will continue to increase and, therefore, so will the demand for this medical profession.
Graduates of our Medical Billing and Coding program may qualify for careers with the following employers:
• Physicians’ offices
• Outpatient facilities
• Billing companies
• Healthcare facilities
• Self-Employment business opportunities (for experienced billers and coders)