Randy’s Career Tips

Medical billing and coding is one of the fastest growing areas of employment within the health care industry. Individuals that are trained and certified in these areas are not only indispensable in this industry, but are also in high demand by every variety of health care provider. As a result, these individuals can be assured of excellent benefits, such as salary and job security.

Individuals trained in medical billing and coding may have a variety of titles assigned to them. One of the most common titles is that of medical transcriptionist. Essentially, the job of a medical transcriptionist involves the summarizing of every doctor visit or subsequent action as a result of said doctor visit. The transcriber will interpret diagnoses, procedures, and treatments into a series of established five-digit codes, which are a part of the Current Procedural Terminology, or CPT, system. These codes are what will be shown on all patient records, bills, or insurance claims, as a shorthand that records all activities, and ensures that the correct parties will receive compensation for their services.

Due to the diversity of work that may be assigned, and the great variance in potential workplaces, a medical transcription salary can vary greatly from one position to another. Additional factors that will influence starting salaries include the level of training and/or certification obtained by the individual, the number of years that the individual has been affiliated with a particular office or association, and whether the work is part-time or full time.

Given all of the above factors, a medical transcription salary may range from eight dollars an hour to twenty-five dollars an hour. This salary range is greatly dependent on the type and importance of work that is completed. In addition to medical transcription salary ranges however, there are a great number of additional factors that should be considered when investigating such a career. These include the ability to get hired, and job security.

Due to the nature of their work, individuals involved with medical billing and coding are always in high demand in workplaces. Opportunities for employment are available wherever health care services are provided, including, but not limited to, hospitals, primary care physicians, rehabilitation centers, dentists’ offices, nursing homes, and insurance agencies. Once hired and adjusted to the general atmosphere and procedures of the given office, a medical transcriptionist becomes an essential part of that workplace environment, and employers will be grateful to have someone with a good knowledge of the inner workings of their organization in that essential position.

The author has spent a lot of time learning about medical billing and other related topics. Read more about medical billing guides at Shawn’s website.

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