How Much Does a Medical Billing and Coding Specialist Make?
The rapidly aging American population has created a crisis in the health services and insurance industries. There are far more patients than there are doctors, nurses and other medical professionals, so the Federal government has been forced to step in to create incentives to attract more people into these industries. While you need at least a college degree to qualify for most jobs in the industry, office support roles, like medical billing and coding specialists are growing at a rate of over 20% a year, with no end in sight.
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The Medical Billing and Coding ICD 10 Requirements are delayed until 10/1/2014
The Medical Billing and Coding ICD 10 Code Set was originally slated to replace the out dated ICD 9 Code Set in October of 2013. The Department of Health and Human Services announced a 1 year delay which puts implementation at October 1, 2014. This was in large part due to the AMA’s (American Medical Association) advocacy for more time and for the Department of Health and Human Services to reduce the amount of regulatory burdens to be placed on the physicians because of the new requirements. …Read More Here