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kumarnikks4
Medical billing with Nikhil
Nikhil Kumar
medicalbillingwithnikhil
Nikhil Kumar
You are watching : Medical billing with Nikhil
Medical Billing Introduction – Basic chapter
1. What is Medical billing.
2. Who and why you should join this field.
3. Medical billing scope.
4. Profile and Job responsibilities.
5. Salary structure and work site.
You are watching : Medical billing with Nikhil
Medical Billing Introduction – Basic chapter
1. What is Medical billing.
 Medical billing is the US healthcare process of generating healthcare claims and taking
follow-up on claims with insurance companies, for the purpose of obtaining payment for
medical services rendered by provider (Doctor) and provider organizations.
• Patient take treatment from the doctor and then doctor/medical billing company bills the claim to insurance
company for the payment for treatment, which given to patient.
• Doctor/Hospital hires Medical billing companies to perform medical billing process in order to save their time
for treatment, as Medical billing is very lengthy and time taking process.
Note: This filed comes under KPO (Knowledge Process Outsourcing) sector, this is also called RCM industry.
RCM stands for “Revenue cycle management”.
You are watching : Medical billing with Nikhil
Medical Billing Introduction – Basic chapter
2. Who and why you should join this field.
 Everyone, who has good communication skills and completed their graduation.
Note: Few companies hire under graduate student as well.
 You do not required any technical knowledge for this job, anyone can learn and work in this
field.
You are watching : Medical billing with Nikhil
Medical Billing Introduction – Basic chapter
3. Medical billing scope.
 One of the fastest growing industry in the world.
 Recession free.
 Unlimited salary appraisal and promotion opportunities.
 Unlimited Job vacancies.
 New learning everyday.
 5 Days working only (Saturday, Sunday off).
 Work from anywhere (Work from home opportunities).
You are watching : Medical billing with Nikhil
Medical Billing Introduction – Basic chapter
4. Profile and Job responsibilities.
 Medical Transcriptionist / Scriber / Summarizer.
 Medical biller.
 Payment posting.
 EDI.
Medical coders.
Every time a patient sees a clinic for medical treatment or evaluation, a medical chart is kept.
Medical coders review the medical chart and extract billable information, then translate into standardized
codes. (i.e. – CPT code, DX code, POS code, Modifier etc.)
Account receivable.
AR is an accounts receivable follow-up team in a healthcare organization, AR follow-up & denial specialist is
responsible for all aspects of follow-up & collections on account. (i.e.: Responsible for collecting payment for
outstanding claims, re-searching on denial claims, submitting appeals & ensuring payment received are
reconciled correctly.
You are watching : Medical billing with Nikhil
Medical Billing Introduction
5. Salary structure and work site.
 Salary criteria :
Salary for fresher: 15000 – 20000
Salary for experience: 20000 – 60000
 Work site :
Work from home.
Work from office.
Work as freelancer.
Thanks you for watching….

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What is medical billing - Basic chapter (1).pptx

  • 1. kumarnikks4 Medical billing with Nikhil Nikhil Kumar medicalbillingwithnikhil Nikhil Kumar
  • 2. You are watching : Medical billing with Nikhil Medical Billing Introduction – Basic chapter 1. What is Medical billing. 2. Who and why you should join this field. 3. Medical billing scope. 4. Profile and Job responsibilities. 5. Salary structure and work site.
  • 3. You are watching : Medical billing with Nikhil Medical Billing Introduction – Basic chapter 1. What is Medical billing.  Medical billing is the US healthcare process of generating healthcare claims and taking follow-up on claims with insurance companies, for the purpose of obtaining payment for medical services rendered by provider (Doctor) and provider organizations. • Patient take treatment from the doctor and then doctor/medical billing company bills the claim to insurance company for the payment for treatment, which given to patient. • Doctor/Hospital hires Medical billing companies to perform medical billing process in order to save their time for treatment, as Medical billing is very lengthy and time taking process. Note: This filed comes under KPO (Knowledge Process Outsourcing) sector, this is also called RCM industry. RCM stands for “Revenue cycle management”.
  • 4. You are watching : Medical billing with Nikhil Medical Billing Introduction – Basic chapter 2. Who and why you should join this field.  Everyone, who has good communication skills and completed their graduation. Note: Few companies hire under graduate student as well.  You do not required any technical knowledge for this job, anyone can learn and work in this field.
  • 5. You are watching : Medical billing with Nikhil Medical Billing Introduction – Basic chapter 3. Medical billing scope.  One of the fastest growing industry in the world.  Recession free.  Unlimited salary appraisal and promotion opportunities.  Unlimited Job vacancies.  New learning everyday.  5 Days working only (Saturday, Sunday off).  Work from anywhere (Work from home opportunities).
  • 6. You are watching : Medical billing with Nikhil Medical Billing Introduction – Basic chapter 4. Profile and Job responsibilities.  Medical Transcriptionist / Scriber / Summarizer.  Medical biller.  Payment posting.  EDI. Medical coders. Every time a patient sees a clinic for medical treatment or evaluation, a medical chart is kept. Medical coders review the medical chart and extract billable information, then translate into standardized codes. (i.e. – CPT code, DX code, POS code, Modifier etc.) Account receivable. AR is an accounts receivable follow-up team in a healthcare organization, AR follow-up & denial specialist is responsible for all aspects of follow-up & collections on account. (i.e.: Responsible for collecting payment for outstanding claims, re-searching on denial claims, submitting appeals & ensuring payment received are reconciled correctly.
  • 7. You are watching : Medical billing with Nikhil Medical Billing Introduction 5. Salary structure and work site.  Salary criteria : Salary for fresher: 15000 – 20000 Salary for experience: 20000 – 60000  Work site : Work from home. Work from office. Work as freelancer.
  • 8. Thanks you for watching….