Billers and Coders Digest
News, Views and more....

Thursday June 12, 2014 | Edition 2.20
A monthly update on Billing and Coding Information
Billers and Coders Benefit from Complexities of Healthcare Reforms

Healthcare reforms are being introduced to enhance quality of care & reduce costs; however, these reforms are also posing to be challenges for the providers. The reforms are making it difficult for them to procure payments & focus on quality care. Failure to comply with the coding & billing changes is leading to revenue loss, and in order to get paid & stay abreast in business, demand for skilled coders & billers has gone up.


Industry facts:
Career opportunities for coders and billers are expected to increase by 20% by 2018
Skilled billers and coders will be required to handle responsibilities associated with EHR  Read More
Healthcare reforms that will affect billing, coding and reimbursement      Read More

How can coders prepare themselves for medical billing challenges?
  • Coders should secure certification in their field before seeking a job
  • Certification can be achieved by taking up a nationally-recognized certification test Read More
How are practices retaining coders in times of shortage?
Due to complex codes, increased regulations, lack of skilled staff, demand for experienced & certified medical coders have increased in the current job market ... Read More
News Feed
1
Binghamton University website estimates shortage of coders will be close to 500,000 over the next few years, as per reports from a variety of organizations and agencies
2 40 % respondents of a report published by the AHIMA in June 2011 believe lack of qualified coders to be a result of shortage
CMS Updates
1 Eligible Professionals Must Submit Hardship Exception Applications by July 1, 2014 Read More
2 ICD-10 Coding Basics Medicare Fee-For-Service National Provider Call        Read More
How are practices retaining coders in times of shortage?

Due to complex codes, increased regulations, lack of skilled staff, demand for experienced and certified medical coders have increased in the current job market Read More
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