JULY 31, 2006          Return to Newsletter Archive        NEXT ISSUE      PREVIOUS ISSUE

 

 

We are dedicated to bringing you up-to-date information and assistance with regard to the Medical Billing Industry.




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in this issue
  • Success Corner - Michelle Butler
  • Medical Billing Clerk Average Salary
  • Medical Billing Certification
  • Three Industries Poised for Job Growth in 2006
  • Medical Billing Business Certificate Program SALE

  • Medical Billing Clerk Average Salary

    According to Salary.com, the median expected salary for a typical Medical Billing Clerk in the United States is $29,896. The 75th percentile salary is in the range of $32,402.

    Note that this is not the income you can realize as a medical billing business owner, it is the average salary you can expect employed within a physician's office as a Medical Billing Clerk. There is a big difference. In a Medical Billing Business, this type of income should easily be seen with just one or two clients.


    Medical Billing Certification

    When searching the internet, many people come away confused about Medical Billing Certification and understandably so! After googling "medical billing certification", the content on some websites will lead you to believe that "medical billing certification is required nationally in order to perform medical billing." This is simply not true. Certification is not required to perform medical billing.

    Are there Medical Billing Certificate Programs? Yes, there are.. but a medical billing certificate program is simply a certificate of completion in the course work that you have chosen to purchase.

    Is is a good idea to receive certification? Absolutely. Just remember that your certificate is only as good as the course work or the reputation of the entity providing you with the certificate.

    If you run across an entity who leads you to believe that they offer a "board reviewed" nationally recognized certification in medical billing, ask or determine who the "board" is. You will find that the entity providing the "certification" and the "board reviewers" are usually one-in-the- same.

    So, the bottom line is ... when choosing a course in medical billing, don't choose one based upon "certification."

    • Certification is not required
    • There isn't any type of formal/required "national credentialing exams" for medical billing
    • If a course "certifies you", they are providing you with a statement of completion of their course work. PERIOD.
    Choose a course based upon previous student satisfaction, course content, BBB Reports and reputation of course provider.


    Three Industries Poised for Job Growth in 2006

    Resolved to find a new job this year? Consider focusing your efforts on companies in the health- care, biosciences or technology industries. Recruiters and economists say these fields will lead the nation in new-job creation in 2006.

    Here are some U.S. job-growth projections for 2006 from research firm Moody's Economy.com:

    • Hospitals: 100,000, up 2.4% from 2005
    • Physicians' offices: 86,000, up 4%
    • Computer-systems-design and related service
    • Biotech companies, a subset of the bioscience
    The most growth in these industries will be seen in rank-and-file clinical and technical jobs, but opportunities for executives and professionals will increase as companies in these fields expand, say recruiters. The forecast comes amid a healthy outlook for the broader senior-level job market.


    Medical Billing Business Certificate Program SALE

    Medical Billing Course.com has extended the Sale Price on their Deluxe Medical Billing Business Certificate Program until August 7, 2006. Save $292.05!



    Deluxe Course Outline

    • No Cost Student Registration
    • Medical Billing Couse Chapters & Exam 1 - 9
    • Understanding HIPAA, Exam & Certificate
    • Calculating Copayments & Deductibles
    • Medical Billing/Practice Management Training Software
    • Medical Billing Business Consultation
    • 24 Hour Online Student Support Forum
    • Telephone & Email Support
    • Medical Billing Course Certificate
    • Medical Billing Newsletter


    Success Corner - Michelle Butler
    Michelle Butler
    Physician Accounting Services
    Guntersville, AL

    My husband Roger (CPA) has operated a small- town firm catering to physician's for 4 years now. When he "retired" from an accounting firm in 2000, it wasn't long after that he decided that he missed working with numbers and Physician Accounting Services was born.

    Roger noticed that his clients seemed to have something in common. Whether working with his clients in a professional capacity or playing a round of golf with them, the topic of "insurance billing" would usually come up. Roger has been asked by several of his clients if he would be willing to take over their billing, and Roger, being the astute realist would always respond, "Sorry, that is not my field of expertise."

    To make a long story short, Roger and I decided that I would retire from my position of 17 years as a secretary/reception for a local factory and I would learn whatever necessary to allow us to incorporate medical billing into our existing accounting business.

    Initially, I took a course in medical billing through an association that kept popping up in my search engine. I didn't know anything about medical billing so I was able to learn some --- but didn't feel that I learned enough. I hit the search engines again and found Medical Billing Course.com, and not wanting to waste any more money, I put them to the test. I poured through their website and spoke to several of their students through email and telephone. I was provided with the comfort I needed to purchase their course and I was pleasantly surprised with the level of education I received!

    Roger and I added "Medical Billing" as a service to our business and as a result, I handle the billing for 7 physician's offices and I have 2 on a waiting list while my newly hired employee also completes the course from Medical Billing Course.com.

    "Retirement" has been good to us.

    -Michelle Butler

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