• Call Us 040 4201 5292 / +91 984 926 6033

Monthly Archives: August 2017

The Revelation of Medical Coding Industry & Future Outlook

Medical coding is an interesting job to offer. Medical coding and billing professionals translate medical records into standardized codes which are used to bill the patients and third-party payers such as insurance companies and Medicare.

Coders generally use three different sets of codes, CPT, HCPCS, and ICD – 9/10. The ICD-10 code has taken over the world now and most of them have to get trained in ICD-10 because all healthcare facilities and professionals must transit from ICD-9 codes to the new codes.

Where do they work?

Professionals in medical coding and billing are usually found working in healthcare facilities such as clinics, physician’s office, hospitals, insurance companies and other healthcare facilities.

Medical billing and coding are not the same

Medical billing is the process in which claims are submitted to insurance companies to receive payment for services provided by a doctor or another healthcare provider.

Medical coding is a process where coders are assigned to the descriptions of a patient’s condition and healthcare services provided to treat the patient for a particular condition.

Billers and coders are good problem solvers

Medical billers and coders are not just paper pushers that work in an administrative setting but they take over many duties and possess traits of being a good problem solver. This is because they need to work with patients, healthcare providers, and insurance companies to quickly address bills that need to be paid.

Medical coding is huge!

There are thousands of billers and coders who process medical claims. There are so many codes that it is impossible for coders to memorize all of them.

Medical billing – two types

Medical billing is generally of two types, the professional billing, and institutional billing. A lot of information can be gathered on the two.

Medical coding jobs and career outlook

Medical coding is a growing job market with most of them undergoing medical coding training and medical billing course with an employment increase of 21% by 2020. Coding services, increasing number of tests, treatments and procedures, existing shortage of medical coders and transition to ICD-10 codes is in a high demand. A growing number of professionals are needed to code the patient’s records; they act as liaisons between healthcare facilities and companies and manage the responsibilities associated with electronic health record. One such institute that creates such medical professionals is the Joshi Medicode technologies.

Why Business Analyst in Health care domain a dominant profile?

Business analysis is the process of managing with potential support to the whole of the project life cycle. A potential business analyst will have the basic knowledge of requirement methodologies, testing methods, and implementation cycle and software development process framework.

Business analyst in healthcare domain has a lot to give in. healthcare domain is very complex and requires good working knowledge in the industry to know the detailed business process and internal workings. It requires an in-depth knowledge of the workings of hospitals and laboratories in the country.

Techniques and technologies in the healthcare domain have seen a sea of changes from the past few years and the business analyst candidate will have to have a good grasp of the process and be technologically sound. The business analyst’s job in the healthcare domain is to provide better process and software packages and also to ensure that the time, cost and accuracy has adhered as the systems are linked to the human lives and a small mistake may result in disaster directly.

A healthcare business analyst should have experience of various clinical trial procedures and terminologies with knowledge of tools like SAS. Expertise or basic knowledge in clinical research with the medical coding course will help to get a healthcare domain job for the business analyst.

There are several systems like content management systems, data warehouse storing millions of patient records. Also, there are systems which help medical professionals in making a firm decision. It is the responsibility of the business analyst to ensure that the implementation of such systems is failing proof. Another important attribute of the business analyst in the healthcare domain is to have discreetness to ensure that the lives dependant is protected.

Software information security is one of the major issues and business analyst should be aware of the importance of security of the data. The nonfunctional requirement specifications which are documented by the business analysts should clearly list out the risks and constraints related to healthcare domain and should ensure a layer of security if required. A business analyst should be aware of the programming languages, business applications, data mining tools, documentation management and other technological aspects.

An ideal candidate must get the proper business analyst healthcare training post which the candidate would understand the essential topics covered and performed by a business analyst.

Joshi Medicode is the one & only institute which is providing high-quality business analyst healthcare course in Telangana & Andhra Pradesh.

Hi there! Click one of our representatives below and we will get back to you as soon as possible.

Course Enquiry on WhatsApp

Joshimedicode is Best Medical Courses Trainining institute in INDIA....!

Fill this Form and get Good Discount...!

Your Information will never be shared with any third party

Don't show this window again

Admissions on 1st come 1st basis Affordable Fee,Limited Seats Available..!.

  • Affordable Price
  • Real time Faculty
  • Corporate Coaching
  • Excellent Track Record
  • Unique Teaching Methods
  • Resume & Interview Preparation
  • 100% Job Assistance!