Medical billing is a stable career position that will continue to be in demand well in to the future. Wherever there are hospitals, physician’s offices and insurance companies, medical billers will be needed. It would be safe to state that no matter where an individual is located there is a high probability of employment opportunities for them.
To successfully perform the job functions of a medical biller, an individual will need to go to college and learn medical terminology, anatomy, physiology, pathophysiology, computerized medical billing and many other special skills. Eagle Rock College can successfully prepare an individual for success as a medical biller. The trained staff at this college will see to it that their students are fully prepared to succeed in their new occupation.
How Much Does a Medical Biller Earn?
The median income of a medical biller is $36,536 per year. Many that are employed in this occupation earn much more than the median income, and a variety of factors can impact their earnings. The main factor that will determine an individual’s annual income is their geographical location. Individuals that are employed in large cities such as San Francisco, Los Angeles and New York will undoubtedly have a higher salary than those that work in small towns. With that said, no matter where a medical biller is employed, they will always be able to afford and enjoy a comfortable living. Those on the low end earn around $30,000 per year. This includes experienced professionals in small towns and those just beginning their career in large cities. Those on the higher end earn around $44,000 per year. These individuals are most likely in large metropolitan areas and have been in the field for at least a few years.
What Exactly Does a Medical Biller Do?
The exact job functions that an individual is responsible for will slightly vary by employer, but in general the main function of this occupation will be to interpret medical codes and to correctly submit bills to patients and insurance companies for any medical services rendered. To excel at this position, an individual will surely need to go to college. The individual should be a person that is responsible, careful and well organized. Auditing and submitting claims will be a daily responsibility, and it must always be remembered that an employer is putting all of their trust in their medical biller. All patient visits, diagnoses and other medical procedures will need to be paid for by somebody, and it will take a very skilled individual that has college training to make sure that accurate payments are made. Dealing with overdue bills will be part of the job. Collection calls, appealing denied claims and processing payments will be normal tasks. Communicating with insurance companies through email and by telephone will also be a routine task.
Those working in this field have a lot of responsibility. Every day they play a vital role in the medical field. For this reason, they are appreciated by their employer and are compensated a respectable salary. Although they do not have much direct patient contact, their responsibilities are just as important as the rest of the medical staff. Much of the work that a medical biller does is behind the scenes, but without their job duties a medical office or hospital would not be able to operate.
It is no secret that individuals that plan their future have a higher success rate than those that do not. It is very important for a person to know the kind of career that they want to get into, but they will also need to have full knowledge about how much money they are going to earn once they enter that career. Those that are employed as a medical biller will always know that they are in a position that will always be in demand. They will also know that their career will always financially provide for them and their family.
By enrolling in Eagle Rock College for Medical Billing and Coding, those interested in beginning a career as a medical biller will be taking a step in the right direction. As a student of this excellent college, individuals will become educated and disciplined in all aspects of their new career. Graduation will be a wonderful day as students are fully prepared for any of the challenges that their new career will bring to them.