Medical Coding Help:2004 Medical Billing Survey Results – Learn What Industry Professionals are Doing in Their Careers

Article Summary:

Here you will find all the information you need to begin your career in medical coding. Medical coders are in high-demand, so students who obtain their certificate will find many job opportunities available to them. We strive to answer your questions about the profession and programs that are offered, so that you can make the change to a challenging and lucrative career today.


Article Content:
As the Medical Association of Billers (MAB) conducts its 2010 Medical Billing and Coding Salary Survey, it is interesting to take a look back at the 2004 survey and view some of the results. Will this year’s results widely differ from six years ago? The results will be published on the MAB website after the January 31, 2010 deadline. The survey is designed to help establish industry-wide billing and coding standards by compiling statistics based on data of current industry professionals. The results are divided into 6 regions – North East (NE), North Central (NC), North West (NW), South East (SE), South Central (SC), and South West (SW). Click here to view the full 2004 survey results. Here’s some information from the 2004 Medical Billing Salary and Statistics Survey: Of the respondents:14.4% were Certified Billers19.2% were Certified Coders40% use a Superbill50.4% review their codes annually62.4% use current coding manuals43.2% use some practice management software34.4% use some coding software46.4% verify insurance prior to the patient seeing the provider70.4% collect patient co-pays before the office visit, 17.6% collect after and 12% bill the patients for their co-pays. The percentage of offices billing electronically by region is:NW – 50%NC – 67%NE – 68%SW – 68%SC – 77%SE – 85%Billers generate claims:NW – 0% daily, 100% individually, 0% weeklyNC – 33% daily, 67% individually, 0% weeklyNE – 33% daily, 53% individually, 14% weeklySW – 14% daily, 68% individually, 18% weeklySC – 38% daily, 62% individually, 0% weeklySE – 19% daily, 69% individually, 12% weeklyThe length of time on average before insurance carriers are billed:0-3 days – 85%4-7 days – 10%8-15 days – 3 %16-30 days – 2%On average, people working in a provider’s office make:NW – -25 75%, -50 25% NC – -25 83%, -35 17%, -45 2%, over 7%NE – -25 78%, -35 13%, -45 2%, over 7%SW – -25 82%, -35 5%, -45 9%, over 4% SC – -25 81%, -35 12%, -45 7%SE – -25 88%, -35 8%, over 60 4%(Source: www.physicianswebsite.com)

———————

0 Comment

No comments yet.