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Become A Billing Coder

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Working As A Billing Coder

  • Processing Information
  • Interacting With Computers
  • Getting Information
  • Performing Administrative Activities
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • Repetitive

  • $42,000

    Average Salary

What Does A Billing Coder Do

Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions.

Duties

Financial clerks typically do the following:

  • Keep and update financial records
  • Compute bills and charges
  • Offer customer assistance
  • Carry out financial transactions

Financial clerks give administrative and clerical support in financial settings. Their specific job duties vary by specialty and by setting.

Billing and posting clerks calculate charges, develop bills, and prepare them to be mailed to customers. They review documents such as purchase orders, sales tickets, charge slips, and hospital records to compute fees or charges due. They also contact customers to get or give account information.

Gaming cage workers work in casinos and other gaming establishments. The “cage” in which they work is the central depository for money and gaming chips. Gaming cage workers sell gambling chips, tokens, or tickets to patrons. They count funds and reconcile daily summaries of transactions in order to balance books.

Payroll and timekeeping clerks compile and post employee time and payroll data. They verify and record attendance, hours worked, and pay adjustments. They ensure that employees are paid on time and that their paychecks are accurate.

Procurement clerks compile requests for materials, prepare purchase orders, keep track of purchases and supplies, and handle questions about orders. They respond to questions from customers and suppliers about the status of orders. They handle requests to change or cancel orders. They make sure that purchases arrive on schedule and that the items meet the purchaser’s specifications.

Brokerage clerks help with tasks associated with securities such as stocks, bonds, commodities, and other kinds of investments. Their duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, distributing dividends, and keeping records of daily transactions and holdings.

Credit authorizers, checkers, and clerks review the credit history, and get the information needed to determine the creditworthiness, of individuals or businesses applying for credit. Credit authorizers evaluate customers’ computerized credit records and payment histories to decide, based on predetermined standards, whether to approve new credit. Credit checkers call or write credit departments of business and service establishments to get information about applicants’ credit standing.

Loan interviewers, also called loan processors or loan clerks, interview applicants and others to get and verify personal and financial information needed to complete loan applications. They also prepare the documents that go to the appraiser and are issued at the closing of a loan.

New accounts clerks interview people who want to open accounts in financial institutions. They explain the account services available to prospective customers and help them fill out applications. They also investigate and correct errors in accounts.

Insurance claims and policy processing clerks process applications for insurance policies. They also handle customers’ requests to change or cancel their existing policies. Their duties include interviewing clients and reviewing insurance applications to ensure that all questions have been answered. They also notify insurance agents and accounting departments of policy cancellations or changes.

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How To Become A Billing Coder

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.

Education

Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.

Training

Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.

Advancement

Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

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Billing Coder Career Paths

Billing Coder
Medical Coder Office Manager
Practice Manager
9 Yearsyrs
Medical Coder Office Manager Case Manager
Clinical Manager
8 Yearsyrs
Medical Coder Consultant Office Manager
Business Office Manager
7 Yearsyrs
Billing Specialist Accounts Receivable Specialist Accountant
Accountant And Office Manager
6 Yearsyrs
Billing Specialist Accounts Receivable Specialist Credit Analyst
Credit Manager
5 Yearsyrs
Billing Specialist Team Leader Director
Administrative Director
8 Yearsyrs
Medical Billing, Receptionist Accounts Receivable Specialist Accounts Receivable Supervisor
Accounts Receivable Manager
6 Yearsyrs
Medical Billing, Receptionist Team Leader Customer Service Manager
Collections Manager
5 Yearsyrs
Medical Billing, Receptionist Specialist Executive Assistant
Office Manager Of Human Resources
6 Yearsyrs
Certified Nursing Assistant Administrator Business Office Manager
Business Office Director
8 Yearsyrs
Certified Nursing Assistant Administrator Practice Administrator
Billing Manager
7 Yearsyrs
Certified Nursing Assistant Service Assistant Service Supervisor
Patient Services Manager
7 Yearsyrs
Auditor Finance Analyst Revenue Analyst
Revenue Manager
8 Yearsyrs
Auditor Staff Accountant Billing Analyst
Billing Supervisor
6 Yearsyrs
Auditor Executive Assistant Assistant Office Manager
Billing Office Manager
6 Yearsyrs
Physician Billing Supervisor
Patient Account Manager
7 Yearsyrs
Physician Clinical Coordinator Practice Administrator
Medical Billing Manager
6 Yearsyrs
Bill Collector Collections Specialist Credit And Collections Analyst
Senior Accounts Receivable Specialist
7 Yearsyrs
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Average Length of Employment
Icd-9 Coder 3.7 years
Medical Coder 3.7 years
Insurance Coder 3.1 years
Billing Specialist 3.0 years
Billing Coder 3.0 years
Billing Associate 2.8 years
Billing Consultant 2.7 years
Billing Assistant 2.2 years
Top Careers Before Billing Coder
Cashier 7.2%
Biller 3.6%
Secretary 3.0%
Top Careers After Billing Coder
Auditor 4.0%
Cashier 3.7%
Physician 3.0%
Biller 2.3%
Manager 2.2%
Specialist 2.0%

Do you work as a Billing Coder?

Billing Coder Demographics

Gender

Female

74.6%

Unknown

17.5%

Male

7.9%
Ethnicity

White

61.1%

Hispanic or Latino

18.2%

Black or African American

12.1%

Asian

5.6%

Unknown

3.0%
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Foreign Languages Spoken

Spanish

87.8%

Chinese

2.4%

Vietnamese

2.4%

Lithuanian

2.4%

Russian

2.4%

Italian

2.4%
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Billing Coder Education

Schools

University of Phoenix

19.2%

The Academy

10.0%

Ultimate Medical Academy - Clearwater

6.9%

Everest Institute

6.9%

American InterContinental University

4.6%

Baker College

4.6%

Davenport University

4.6%

Ashford University

3.8%

All American Career College

3.8%

Miami Dade College

3.8%

Kaplan University

3.8%

Hinds Community College

3.1%

National College

3.1%

Florida Career College - Miami

3.1%

University of Kentucky

3.1%

A-Technical College

3.1%

Beal College

3.1%

Western Washington University

3.1%

Remington College

3.1%

Colorado Technical University

3.1%
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Majors

Health Care Administration

47.1%

Business

12.7%

Insurance

7.0%

Medical Assisting Services

5.8%

Nursing

3.4%

Computer Information Systems

3.3%

Accounting

3.0%

Psychology

2.0%

Medical Technician

1.9%

Management

1.8%

Health/Medical Preparatory Programs

1.6%

General Studies

1.4%

Education

1.4%

Criminal Justice

1.4%

Nursing Assistants

1.3%

Liberal Arts

1.1%

Information Technology

1.1%

General Education, Specific Areas

1.0%

Secretarial And Administrative Science

0.9%

Computer Science

0.8%
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Degrees

Other

38.0%

Associate

22.0%

Bachelors

14.2%

Certificate

13.8%

Diploma

8.0%

Masters

2.9%

Doctorate

0.7%

License

0.4%
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Top Skills for A Billing Coder

  1. Insurance Companies
  2. Medical Records
  3. Patient Care
You can check out examples of real life uses of top skills on resumes here:
  • Communicate effectively with various insurance companies to verify and resolve any discrepancies.
  • Reviewed, analyzed and managed coding of diagnostic and treatment procedures contained in outpatient medical records.
  • Streamlined the patient check in process and insurance verification to improve flow of patient care and percentage of denied insurance claims.
  • Verified patient insurance and/or Medicaid eligibility status and produced 'no insurance' letters for non established patients.
  • Talked with patients concerning balance due from them and made payment arrangements to settle account.

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