Our unique course structure is specially designed to give you the cutting edge advantage over your peers.
Duration : 2 Months
Eligibility : Graduate (Any Stream)
Training Mode : NIMC provides both classroom and online method of training
Career Graph in Medical Billing
You can start your career in medical billing as a junior medical biller and work yourself up to Certified Documentation Expert Outpatient which is the highest paying position.
Medical Billing can be defined as the process of raising invoices to Insurance companies based on the claims submitted by the healthcare providers to receive payments for the services provided to patients.
The medical biller essentially validates the diagnostic and procedure medical codes, received from the Medical Coder, to confirm that they comply with HIPAA guidelines and creates a super bill or claim to payer or insurance companies. The payer or the insurance company may accept, reject, or deny the claim submitted by the medical biller. The medical biller coordinates for the resolution of disputes till the same are resolved. Any outstanding dues are then billed to the patient. The medical biller also tracks outstanding dues expected from patients, and initiates collection processes in case of defaulters.
Benefits
The process flow of medical billing comprises
Medical billing have universal acceptance and there is a very high demand for the same worldwide. It provides job stability with competitive salaries and attractive incentives. Overall medical billing are indeed very rich and rewarding careers.
1. Medical billing are an integral part of the healthcare industry in countries such as USA, UK, Canada, Australia, UAE etc.
2. Medical billing related jobs are expanding, due to the growing landscape of the business side of healthcare, along with their efficiency to automate large amounts of work.
3. The technological advancements in the healthcare industry and constantly changing classification systems are expected to create potential revenue opportunities for players operating in the target market over the forecast period.
4. India is also now turning digital with Ayushman Bharat Yojana which shall to lead to demand in Medical Coding / billing domestically
5. With the integration of technology and increased use of data in the healthcare sector, the demand and salary for medical coding experts are expected to increase.
6. The Bureau of Labor Statistics (BLS) estimates that demand for medical billing and coding specialists to rise by 8% from 2019 to 2029
7. This boost has been given by an aging population, and also more diseases are being assigned codes.
Medical Billing is one such system that overlaps all healthcare systems which involve best practices for patient care, health institutions, and private institutions along with medical billing. Based on transferability, the medical billing system can be classified into:
1. Closed system which does not allow transfers for e.g. Electronic Medical records (EMR) which are stand alone and do not do not allow collaboration with doctors or healthcare facilities.
2. Open allows transfer of information across healthcare professionals and facilities like Electronic Healthcare records (EHR) which unlike Electronic Medical records allow transfer to data to other healthcare providers / facilities.
2. ) Isolated which is completely removed from healthcare facilities physicians, and healthcare practices like personal health records (PHR) which help the patient to manage their own health information.
The international certification for a medical biller is Certified Professional Biller or CPB which is awarded by AAPC and assesses the skills of a medical biller with regard to all aspects of revenue cycle management. The exam comprises 200 questions and lasts for about 5 hours 40 minutes.
The average starting salary of a certified CPC medical coder in India ranges from Rs. 2,00,000 to Rs. 2,50,000 per annum and for a medical biller the salaries may range from Rs. 1.5 lacs to Rs. 2.5 lacs per annum.