10 Jun 2020 by HMI Corporation
The Importance of Hiring a Licensed Medical Contract Coder
The American Association of Professional Coders (AAPC) is America’s largest medical coding training and credentialing organization for healthcare contract coders.
Today, we’re explaining the importance of hiring a licensed medical contract coder for your organization.
Affordable Coding Without Compromising on QualitySometimes, outsourcing a job to a remote worker leads to issues with quality or security.
Medical organizations, of course, cannot afford to compromise on quality or security.
That’s why good licensing is crucial. Good licensing ensures your outsourced medical contract coders meet a certain minimum set of requirements for quality and security.
At the same time, these outsourced specialists cost significantly less than in-house employees. Your organization is saving money with no discernable drop-off in quality. That’s a net win for any organization.
Multiple Licensing Specializations Are AvailableSome licensing requirements are too broad to be genuinely effective. The AAPC, however, provides multiple types of certification to address multiple aspects of the healthcare industry.
Types of AAPC certification available today include:
· Medical coding certification
· Medical billing certification
· Medical auditing certification
· Medical documentation
· Medical compliance certification
· Practice manager certification
· Specialty medical coding certification
Healthcare has become increasingly complex. Specialized AAPC certifications help licensed medical contract coders stay on top of the latest changes.
Instead of hiring a generalist to do a specialized job, it’s now easier than ever to hire a specialist to perform a specialized job.
Demand for Medical Coders is Rising, and Licensing is More Important Than EverMedical coding is one of the fastest growing professions in the United States. Job growth for medical records and health information technicians, which includes medical coders, is projected to grow 13% by 2026, according to the U.S. Bureau of Labor Statistics Occupational Outlook Handbook. That’s significantly higher than the average growth rate among all other applications.
Of course, this high growth rate is a double-edged sword.
The high projected growth rate for medical coders will force organizations to compete for high-end medical contract coding talent. As demand rises, there could be an influx of inexperienced, unlicensed medical coders into the marketplace. Organizations desperate for medical coders may take a risk by hiring unlicensed coders – only to face serious consequences in the future.
Improved HIPAA CompliancyMedical contract coders may work for your organization remotely, but they still have to abide by HIPAA requirements.
When you hire an unlicensed medical contract coder, you’re increasing the possibility of a HIPAA violation. Most licensing courses, including AAPC licensing courses, cover HIPAA in-depth to ensure licensed medical contract coders remain compliant.
Ongoing Education is RequiredAs with many licensing organizations, the AAPC offers ongoing licensing opportunities to help medical coders stay relevant.
The organization allows medical coders to subscribe to lectures throughout the year, for example, and access ongoing continuing education courses.
Certified Coders Are Simply Better at Their JobsPut simply, a certified medical coder is a more efficient medical coder. Certified and licensed coders can ensure:
· Coding accuracy and specificity that translates to more efficient processes at every stage of the organization
· Ongoing internal audits to identify high-risk areas and areas of improvement
· Compliancy and security from top to bottom
Other Things to Know About Licensed Medical Contract CodersOther things employers need to know about licensed medical contract coders include:
Understanding Different Medical Coding Licensing SystemsWhen searching for a licensed coder, look for the following designations:
CCS-P: Certified Coding Specialist – Physician Based
CCP: Certified Professional Coder
COC: Certified Outpatient Coder
CRC: Certified Risk Adjustment Coder
CPPM: Certified Physician Practice Manager
CPCO: Certified Professional Compliance Officer
CDEO: Certified Documentation Expert – Outpatient
CPMA: Certified Professional Medical Auditor
The AAPC is the World’s Largest Medical Contract Coding Credentialing OrganizationIn some industries, there are multiple licensing organizations and it can create confusion among employers. Fortunately, medical coding has one clear licensing organization: the AAPC.
The AAPC is the world’s largest training and credentialing organization for the business of healthcare. It has more than 190,000 members worldwide.
The next time you need to hire a medical contract coder, make sure the coder is licensed by the AAPC. Otherwise, you’re exposing your organization to significant risk – and missing out on all the benefits listed above.
HMI Corp is a Leading Licensed Medical Contract Coding SpecialistAt HMI Corp, every coder must be credentialed as one of the following: RHIA, RHIT, CCS, or COC.
Because of our credentialing requirements – and for many other reasons – our medical coding specialists are qualified to assist clients quickly and efficiently in a variety of settings. Our team has a proven ability to identify and solve complex medical coding issues.
Our medical coding services specialists are experienced in the use of TruCode, Meditech, VISTA, 3M, McKesson, Cerner, Epic, and CHCS/CHCSII. Contact HMI Corp today to discover how our licensed medical contract coders can optimize your healthcare organization.