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Medical Insurance Billing and Coding Careers

When you graduate from Everest's Medical Insurance Billing and Coding (MIBC) career training program, you will have a number of career tracks available to you. In most medical offices, billing and coding are two separate specialties.

Coding specialists prepare reports using the International Statistical Classification of Diseases and Related Health Problems, otherwise known as the ICD. The ICD contains literally tens of thousands of codes to define all the diseases, conditions, tests, surgeries and procedures known to medical science. As a coding specialist, you would use the ICD codes to document all the diagnoses and activities performed by the physicians in the office where you work.

Billing specialists use these same ICD codes to submit claims to insurance carriers, which can also include state and federal agencies (e.g., Medicare, Medicaid, etc.). Billing specialists can also work on the other side of the desk as insurance company employees. In this capacity, they review submissions for completeness and accuracy to help determine a claim's validity.

You might also use your new MIBC skills to get a job with more generalized duties, such as a medical office assistant or medical office receptionist. In such a situation, completing medical forms and submitting insurance claims may be just two of several tasks you perform.

Employment of health information technicians is projected to grow 15 percent from 2014 to 2024. An aging population will require more medical services, and health information technicians will be needed to organize and manage the older generations’ health information data. Additional records, coupled with widespread use of electronic health records (EHRs) by all types of healthcare providers, will lead to an increased need for technicians to organize and manage the associated information in all areas of the healthcare industry.*

Of course, opportunities vary from state to state and from city to city. Your own hard work, professional attitude and demeanor, certification and experience will also play a role in your personal employment opportunities.

Want to know more about Everest's Medical Insurance Billing and Coding program? Contact Everest today. A friendly Everest representative will get back to you immediately to answer your questions.

* Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, Medical Records and Health Information Technicians.

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