- Enter the growing healthcare market
- Train in 3 months at your pace
- Prepare to earn average salaries of $35,000/yr
- All for only $1,995
- See the Top 5 Reasons to Choose Career Step
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Medical Billing Job Description & Earning Potential
What Will I Be Doing as a Medical Biller?
Medical billers are incredibly important in every healthcare facility— these providers can't stay in business without good billers. Traditionally, billers have either been trained on the job or have been medical coders who do both the coding and billing. However, the shortage of coders and the growing demand for skilled medical billing specialists has employers looking for professionals who know billing basics. Training with Career Step prepares you for a medical billing-specific career in much less time than it would take if you were gaining coding skills as well.
As a medical billing specialist, you will take the data provided by the medical coders and use it to compile and submit claims to insurance companies and then subsequently bill patients. Day-to-day responsibilities vary from location to location, but often include:
- Using coded data to produce and submit claims to insurance companies
- Working directly with the insurance company, healthcare provider, and patient to get a claim processed and paid
- Reviewing and appealing unpaid and denied claims
- Verifying patients’ insurance coverage
- Answering patients’ billing questions
- Handling collections on unpaid accounts
- Managing the facility’s Accounts Receivable reports
Medical billing specialists work in almost every type of healthcare facility, including hospitals, doctors' offices, skilled nursing facilities, and home health agencies, among others. You may also be able to find positions in insurance companies and specialized medical billing outsource companies.
How Much Can I Make in Medical Billing?
As in any other industry, medical billing pay rates vary by employer, geographic location, and experience. The U.S. Department of Labor reports that the middle 50% of medical billers earn between $26,280 and $43,410 a year. Medical billers may also qualify for traditional employment benefits.
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Career Step student Katherine describes her experience with the online school as she studies to be a medical coding and billing professional. Watch Video »
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