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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 been trained on the job in small medical practices. However, the shortage of medical billers and the growing demand for them (due in large part to the increased demand for healthcare services created by the Affordable Care Act) has employers looking for professionals who are ready to hit the ground running. Training with Career Step prepares you for a medical billing-specific career so you can graduate ready to earn your industry certification and start working right away.
As a medical biller, you will take all of the data provided on a patient and use it to submit claims for reimbursement and collect payment for the services provided. Day-to-day responsibilities vary from location to location, but often include:
- Registering the patient and verifying their insurance coverage
- Collecting the information required to create a claim
- Working directly with the insurance company, healthcare provider, and patient to get a claim processed and paid
- Reviewing and appealing unpaid and denied claims
- Handling collections on unpaid accounts
- Managing the facility’s Accounts Receivable reports
- Answering patients’ billing questions
Medical billers 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 $29,130 and $48,510 a year. Medical billers may also qualify for traditional employment benefits.
With Career Step, you'll gain the skills you need to start earning a competitive salary immediately upon graduation.
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