Sunday, June 28, 2009

Medical Billing Work Introduction

Medical billing work requires focus and your full attention when you start. However, once you get the hang of it, you'll be able to drastically increase your productivity. Initially, you'll be able to make between $30,000-$40,000 your first few years. However, you can increase this amount exponentially if as you gain more experience and decide to work for yourself. You can make $80,000 plus once you gain the necessary experience and medical billing contracts.

When you start looking for training courses and job placements, you should be very aware of the large number of scams online. They're main goal is to get you spend your hard-earned money on worthless software products and false employment opportunities. Even legit companies have the tendency to promise more than they can deliver on.

External Resources:
Medical Billing Industry: Careers
Medical Billing Overview

Hm, How Much Money Can I Make

Ok. Now how much money can you expect to make? Well, that depends on your goals. If you work for a company and have significant experience, you can make anywhere between $22 - $30 an hour working for an established company. For a new medical billing professional, you can make anywhere between $16 - $23 an hour.

If you decide to do the independent route, it's largely based on what accounts you can close on and provide billing services for. The majority of your time will be selling and closing your accounts before you even get to start billing and coding.

External Resources:
Medical Billing Careers: Performing Your Job Online