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Medical coding is the transformation of healthcare diagnosis, procedures, medical services, and equipment into universal medical alphanumeric codes. The diagnoses and procedure codes are taken from medical record documentation, such as transcription of physician's notes, laboratory and radiologic results, etc.
Medical coders spend their days reviewing medical records to assign these codes and ensure that the health care providers they support are properly reimbursed for services. Physicians and hospitals depend on accurate coding to receive proper reimbursement, making the role of the coder a valued one.
Medical coding career has been termed to be an important one in the present healthcare industry and also is among the fastest developing industry, when compared to other Indian industries. Because the Medical Coding Industry has met the cutting edge of information technology which has opened several channels towards placements in the healthcare field. Medical billing and coding professionals work in every medical office, clinic, hospital and insurance firm, or health care IT companies, making relevant contributions towards the delivery of quality healthcare reimbursement revenue. These opportunity has highly boomed the Indian healthcare IT industry as the US, and UAE healthcare providers ranked India first for their Outsourcing Medical Coding Services. Medical Coding Companies offers average of 2 to 4.5 lakhs per annum. Furthermore, it is stated to be a wonderful stepping stone to a much more lucrative, better level career in regards to medical office management.
Medical coders have many workplace options to choose from. In addition to health systems, hospitals, and physician offices, coding specialists are needed by ambulatory surgery centers, urgent and semi-urgent care clinics, labs, imaging centers, sports medicine and physical therapy centers, mental health practices, long-term care facilities, hospices, home health agencies, billing companies, telehealth providers, consulting firms, durable medical equipment, supply vendors, medical coding companies, EHR software vendors, accountable care organizations, and insurance companies. Many medical coders also go on to teach at universities and colleges and other medical coding training programs.
Also, many employers hire remote CPCs to manage their medical coding online, making working from home an attractive option now.
Before you choose a medical coding program from an institute, do your homework. Look for training features you consider important and, above all, compare certification pass rates and benefits. How many graduates successfully attain their CPC-A?
Employers look for an AAPC credential and are they trained from AAPC recognised academy because it demonstrates mastery of the skills they depend on. And at Cigma , the majority of our students pass their certification exam and earn the right to append “CPC-A” to their name. In 2019, according to latest survey of AAPC, 80% of students who done training from AAPC recognised institute clear the medical coding exam and went on to secure gainful employment.