Medical Billing and Coding Jobs are both challenging and interesting. It is not easy an easy job and needs a lot of experience and hard work to be successfully completing the related responsibilities. But how did the whole concept of Medical Billing and Coding Jobs come into existence? Let us do some research work on the history of Medical Billing and Coding Jobs.
What was the need for Medical Billing and Coding Job?
To understand the need of Medical Billing and Coding jobs we need to understand the basic functionalities of a Medical Billing and Coding professional. A Medical Billing and coding professional’s job revolves around successful processing of claims and realization of the due payment of the services provided by the health care professionals. From the Job description we can safely assume that Medical Billing and Coding Jobs became necessary after Insurance companies came into picture.
Before the Insurance companies came into existence there was no need of coding and decoding the patient’s condition and related services provided by the health care professionals. The patients used to come to the doctors and as soon as the services were provided they payments were made. With advances in technology and growth in health care industry and the cost of health care started increasing. And as a result of the increase in cost there was a need of an organization which would act as an angel investor and would pay a sizeable amount of money to the health care provider on your behalf. In return you will be paying a nominal sum to the angel investor on a regular basis.
From there the concept of insurance started. And from there, started the tedious process of filling up the forms with long list of information and sending it to the insurance company for realization of the payment.
When the process became very tedious and time consuming then some thought was put into making the whole process simpler and relatively faster and each type of illness and their related service was given a code for better understanding of the patient’s condition and the related treatment. So instead of writing the whole history of the patient’s condition related codes were used and that made the claims processing much easier.
History of Medical Billing and Coding Jobs
For a long time Medical Billing and Coding Jobs were done manually and a lot of paper work was involved. But as technology started entering health care industry, manual paper work was slowly transitioned to automated process. With the advent of software known as medical practice management software which is also known as Health Information System, the Medical Billing and Coding Jobs became relatively easier. Now the number of claims that were processed became more, which helped in realizing the payment in a more efficient manner.
With the rapid growth in health care industry and discovery of new drugs it was deemed necessary that professionals who are into Medical Billing and Coding Jobs need to be trained and certified on a regular basis. It is important because every minute there is a new drug invented or a new type of illness that is discovered. So the professionals need to be upgraded and up to date with the latest in the health care industry.