What is Medical Billing?
In her article entitled “A Look at Online Healthcare Degree Programs," Bright Hub’s own Y. Lacy reported on the wide array of healthcare related programs that are now offered online and focus on training back office support personnel. One that stands out is medical billing. Since a medical billing certification online is offered by a good many schools, it only makes sense that this field bears further investigation.
According to the Bureau of Labor Statistics (BLS), automation is a major factor in the work currently performed by medical billers. While in the past a high school diploma or some college work may have been sufficient to perform the billing functions, the increase in computer use and interconnectivity between numerous billing departments is gradually changing the nature of the field.
Medical billing involves the gathering of chargeable line items, the compilation of these charges into a bill, a verification of the calculations, and of course also the incorporation of discounts, interest charges on unpaid balances, and reductions due to insurance payments. Due to the occasional insurance denials brought on by incorrect coding, medical billing also entails a lot of follow-up, file flagging, code research, and rebilling.