The healthcare industry literally runs on paperwork – documentation for patient records and payment from the insurance companies. Every time a patient receives a healthcare service, a record is kept of the observations, medical or surgical procedures and treatment outcomes. This record can include the patient’s symptoms and medical history as well as test results, diagnoses and treatment plans.
To get reimbursement from insurance programs or Medicare or Medicaid, medical billing and insurance coders assign a code to each diagnosis and procedure. They use specific software to assign several hundred “diagnosis-related groups” or DRGs to the patient’s bill that explain what procedures were performed and why.
The DRG code is critical to help determine the amount the insurance programs will reimburse the hospital, the doctor and the laboratory. Medical billing and insurance coders must:
Technicians with a strong background in medical coding will be in particularly high demand. Other professionals will be needed to manage the entire process, check for accuracy and secure the information as required by law.
More job openings are expected in doctors’ offices because of increasing demand for detailed records, especially in large group practices. New opportunities will also happen in home healthcare services, outpatient care centers, hospitals and nursing and residential care facilities.
The information below reflects aggregated data from all of the Herzing University campuses that have students enrolled in the specified program in the specified time period. The information does not reflect data regarding individual campuses unless only one campus had students to report. The reporting period used to obtain this data was 7/1/2012-6/30/2013. If there were less than 10 graduates in a program, median loan debt and on-time completion data were not disclosed for that program to protect the privacy of those students. Tuition and length may vary by campus location. Ranges could not be input for tuition and length, therefore tuition and length reported are the highest tuition rates and longest program length to encompass all campuses. For information regarding specific campus tuition please refer to http://www.herzing.edu/tuition-financial-aid  . For a more detailed description of how the data was calculated please refer to the Disclosure Methodology located here http://www.herzing.edu/files/2014Disclosures-Methodology.pdf  .
The Herzing University Insurance Billing and Coding programs are designed to prepare students for the following certifications: