If you are a mom who wants to have a home-based job, an unemployed newly graduate or a person who want to shift carrier, you may want to consider learning medical transcription and medical billing. These jobs not only offer standard income but also you can choose to work either at home, in the office, in the clinic, or in the hospital. So, here are some ideas about these two great jobs that can be your good source of income in the future.
To be a medical transcriptionist (MT), one must be very familiar and knowledgeable with medical terms, a fast typist, and has excellent hearing and written English skills. The job involves typing dictations or voice-recorded reports made by doctors into text format requiring 98 to 100 accuracy. This job also requires you to send back the finished report within the time specified by your client or employer. An MT can perform this job either as an employee in the hospital or clinic or as an independent contractor. Medical transcription at home is very popular among mothers who prefer to work at home while taking care of their family. What you need to set up for home-based transcription is a computer, good internet connection, transcription and medical softwares, as well as a footpedal which is a very handy piece of equipment that will help you play and rewind the dictation with your foot to help you type and finish the document faster.
Medical billing on the other hand is different from MT. This is a complex job requiring one to be knowledgeable with medical terminology to analyze medical reports for billing clarity, able to complete various billing and insurance forms, and familiar with medical coding and health insurance company rules. Medical billers also organize and review medical bills and charge slips, negotiate with collecting agencies, and talk with insurance company, patient, physicians and hospital billing staff. Just like home transcription, medical billing home business is also gaining in popularity. To do this, you are going to need a computer internet connection office equipments like phone, fax machine medical coding and billing software.
Should you want to be an MT or a medical biller, there are many medical transcription from home and medical billing courses online for you to get training and acquire certification. However, you should be careful in choosing school because some are overpricing and there are risks of scam as well.