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Medical Billing and Coding Exam – Helpful Information
The growing field of medical billing offers exciting opportunities for entrepreneurs and individuals alike to earn dependable income without heavy investments in degrees or years-long training programs. In as little as nine months, a person can learn the necessary information to process medical claims and bills. Yet while there is no standardized testing or minimum competency required for being a billing specialist, it is advantageous to pass one or more Medical Billing and Coding Exam.
The America Association of Professional Coders (AAPC) and the American Medical Billing Association (AMBA) have each devised a comprehensive Medical Billing and Coding Exam and multiple certifications for the various aspects of medical billing. Their goals are to ensure the highest quality of service and a way for medical professionals to be certain they are hiring a knowledgeable claims processor.
Learning the ins and outs of medical billing can be done in less than a year or over the course of a college program, offering little to create a benchmark with. A college transcript in itself offers little insight into the material studied, so a physician in need of billing aid may not be certain that one candidate is better than another candidate. An applicant who has passed a Medical Billing and Coding Exam and holds continuous accreditation by one or more of these oversight organizations has something objective and tangible to back up the resume.
A Medical Billing and Coding Exam is something that health care providers desiring to outsource billing or other office functions can look over and confirm as meeting their individual needs. It provides an objective standard to measure billing specialist candidates by that is often otherwise lacking. Someone who has been processing claims for six years may not be up to date on the latest regulations or electronic filing. Passing a current Medical Billing and Coding Exam shows that the specialist is current and knowledgeable.
AAPC and AMBA also offer Continuing Education Credits to supplement the Medical Billing and Coding Exam. While not the full exam, these yearly courses keep billing specialists current with regulations and ethical matters. The specialist who maintains certification has an edge in the job market of being able to show objective, third-party evaluation of her skills.
Preparing for Your Medical Billing and Coding Exam
Studying for a Medical Billing and Coding Exam can be done at home or through classes; many universities and colleges offer preparatory courses, and there are self-study guides for sale at major book retailers. This flexibility caters to both the stay-at-home and on-the-go persons, allowing each to set the study schedule that best fits daily life. Exams can be taken online, with results posting immediately and re-tests allowed after 30 days. The physical certificate posts within a few days of passing the Medical Billing and Coding Exam.
Even though the medical billing sector is growing exponentially, there is no reason to not take every advantage and make the most of every opportunity. Adding a certification to your resume will put it much closer to the top of the stack and give physicians that much more reason to extend the interview and hopefully the job. Seize the opportunity.
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