Having an efficient revenue cycle is needed for a seamless process for capturing, securing, and maintaining finances from patient services. Without a healthy revenue cycle, medical facilities will run into issues paying their bills and staff. In short, medical facilities are always looking for highly qualified individuals to place on their revenue cycle management team to ensure that this crucial element of their business runs smoothly.
There are numerous positions in this job category, but the two most prevalent are medical billing and medical coding.
Medical Billing vs. Medical Coding
Although both administrative positions are similar, those who translate medical services into current procedural terminology (CPT) codes are in coding. While those who create claims based on the CPT codes are in billing. Of course, there will be some crossover where an individual will need to know elements from both medical billing and medical coding.
Within the medical billing category, other titles that are used are Charge Entry Specialist or Charge Correct Edit Specialist. These positions focus on avoiding charge entry errors, which could lead to denial of financial claims.
Job Requirements & Qualifications
For starters, a GED or High School Diploma is needed to enroll in a medical coding and billing program. This is because most programs are at postsecondary institutions. For more information on medical billing programs in your area, refer to the Medical Billing and Coding Certification platform.
If you live in Arizona, there are a few local resources that offer education programs focused on billing and coding:
Next, interested job seekers should consider getting certified through the American Medical Billing Association. The Certified Medical Reimbursement Specialist (CMRS) exam was designed to ensure that individuals understand ethical and professional billing practices. For more information on the requirements, exam details, and time needed to pass the exam, please refer to the AMBA website.
If you would like to be placed in a medical billing or coding job within the United States, please fill out the form below or call us at 602-468-6300.
Medical Coding & Billing Salaries and Job Outlook
At Desert Medical Careers, we’ve helped place thousands of individuals in medical facilities. From the data received through our hires, here is a summary of the salaries paid to those in the Medical Revenue cycle.
Charge Entry Biller:
- 1 – 3 years experience: $14-16/hr
- 3+ years experience: $17-18/hr
Payment Posting/Entry Biller:
- 1-3 years experience: $15-17/hr
- 3+ years experience: $17-19/hr
Aged Accounts Receivable (AR Rep):
- 1- 3 years experience: $16-18/hr
- 3+ years experience: $18-20/hr
Over the past several years, With help from the electronic medical record billing systems, the most prevalent positions in demand are AR Rep & Payment posting. While there are still some charge entry roles that arise, they are rare because the EMR systems most likely will create and submit claims automatically.
Per the Bureau of Labor Statistics, Arizona is in the top three states for employment in medical record jobs, and second for highest average salary.
We Can Help You Get Your Next Medical Revenue Cycle Job
Desert Medical Careers has a high demand for medical revenue cycle positions throughout the United States. At Desert Medical Careers, we’re typically able to place individuals in full-time and part-time jobs throughout the Phoenix Metro Area. With over 20 years’ experience placing healthcare employees throughout the Valley, DMC is an expert at matching healthcare workers with their ideal work environment. Contact DMC today at (602) 468-6300.
- Bureau of Labor Statistics – Medical Records and Health Information Technicians
- American Academy of Professional Coders – Medical Billing Course
- American Academy of Professional Coders – Medical Coding Course
- Sanford Brown College. – Medical Billing vs. Medical Coding
- Oregon Health & Science University – Revenue Cycle