What's the Difference Between Medical Coding, Medical Billing and Medical Transcription?

Chapter 1

If you've done any research on the medical coding profession, you've more than likely read plenty about medical billing. Medical billing is another hot healthcare information field and one you can actually combine with medical coding.

If you're considering starting your own business, you may want to learn both medical coding and medical billing.

Like medical coders, medical billers work in a variety of settings ranging from doctor's offices and hospitals to dentists and must have knowledge of medical terminology and anatomy and physiology.

Medical billers are responsible for submitting claims-to insurance companies, Medicare, Medicaid, and, in some instances, patients themselves-on behalf of their employers or clients.

Medical billers must be detail-oriented and accurate. If they make mistakes, there will be delays in payment and unhappy clients or employers. Medical billers must also be familiar with HIPAA.

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Medical transcriptions are vital to the healthcare industry. Like medical coders, medical transcribers must be well-versed in medical terminology and anatomy and physiology. Medical transcribers transcribe medical records dictated by doctors, psychologists and other medical professionals.

Medical transcribers have a solid working knowledge of computer systems, and have a high level of typing accuracy. Medical transcribers generally begin by working in a healthcare setting, and after several years of experience, they may work from home or start their own transcription businesses.

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