The computer is essential for medical transcription.
Working at home as a medical transcriptionist is turning into a lucrative job venture. To become a medical transcriptionist, a degree of training is required. According to the Bureau of Labor Statistics (BLS), most health care providers look to hire someone with at least a two-year associate degree and a medical transcription certificate. They go on to say that the field is expected to grow rapidly in the next decade with an 11 percent increase in jobs.
Transcriptionists
Transcriptionists work with doctors and other health care providers. They listen to dictated texts and transcribe them onto a patient's medical reports, medical correspondence or other administrative literature. Hospitals and physician's offices are where most medical transcriptionists currently work but an increasing number are setting up home-based businesses. According to the BLS, about 36 percent of medical trancriptionists work in hospitals while another 23 percent work in physicians' offices. The Bureau offers no statistics as to how many are now working from home but does claim the number is growing.
Medical Billing
Medical billing is quite complex but once mastered can eventually be turned into a work-from-home venture. An individual in charge of medical billing has a lot of responsibility. The typical patient who visits a doctor carries third-party insurance with a co-pay. Once the co-pay is deducted from the bill the insurance company is invoiced. A physician may need to invoice anywhere from 10 to 20 different insurance companies, each with its own system of billing. A medical billing specialist needs to know all the procedures because invoices can be returned for even the simplest error.
Joanna Gilford of moneymakingmommy.com states that it is possible to turn a medical billing job into a business that can be worked from home. However, before such a venture can be initiated far more commitment is required than simply taking an online course and setting up a home office. A candidate will need a few years' hands-on experience working in the medical billing industry before being able to set up her own business. She'll need to have earned confidence in her abilities among physicians using her services because mistakes on bills represent losses of income for the doctor and his office.
Once she has accomplished this then a home-based business venture offers several advantages. The transcriptionist is allowed the convenience of working from home while the physician can save on office space and even insurance and tax benefits if the person works as an independent contractor.
Medical Coders and Technicians
Medical coders and technicians work to assemble a patient's health information. A patient's medical history, information, symptoms, exam results and diagnostic tests are all part of his file. Medical coders and technicians organize all this information, insuring that it is accurate, safe and easily accessible, and that it reflects a standard of quality. Most medical coders and technicians still work in hospitals and offices but it is possible to turn this into a work-from-home business after a few years of proving their competence and accuracy, and that they remain up-to-date in the field.
Tags: medical billing, from home, care providers, coders technicians, health care, health care providers, into work-from-home
