Though medical coding and medical billing have emerged as the most sought-after career options with lucrative pay packages, many candidates are still thinking to get into this field. This is because of the myths that are common to this field. Let us see some of these myths and the truth regarding them that is beneficial to those who wish to join the healthcare force that makes a difference to the revenue cycles of the healthcare providers.
Only medical knowledge is required: It is true that medical coding and medical billing jobs require medical knowledge of medical terminology, anatomy, diseases and procedures. However, it is not just medical knowledge that is required for these jobs, but knowledge of insurance policies and procedures, coding guidelines and HIPPA regulations are also required to master the skills. So, not only people with medical knowledge but anyone with good math skills and an eye for detail can pursue a career in medical coding and billing industries.
These jobs are data entry jobs: Though these jobs need the transforming of medical reports into codes, they are not just data entry jobs. The medical coding jobs require that the coder reads and understands the physician’s records and translates them into codes. So, these jobs are not just data entry jobs but, they require good analytical skills to understand the physician’s reports and decide which information is relevant to be translated into codes.
Automation will take away jobs: It is one of the biggest concerns for people joining the medical coding and billing industry that newer technologies and automation will reduce the need for human medical coders and billers. But, this is nowhere near to the truth. The truth is that there would be a growth of up to 15% in the demand for medical records technicians in the coming 5-10 years. Also, with the growing aging population and their medical needs, the demand for medical coders and billers will increase.
Remove the blocks created by these myths and make a challenging career in medical coding and billing industry. Avontix provides the best opportunities in medical coding jobs and medical billing jobs in Hyderabad.