After a medical procedure or new diagnosis has occurred, the insurance company uses codes to understand what happened and what's required to bill the patient. The results are submitted to payers for reimbursement, but the data is also used to determine usage, manage risk, identify resource use, build actuarial tables and support public health and actions. Medical coding is a specialty that helps insurance companies and medical providers work together on billing the patient. Then, they assign those codes to medical billing information for insurance carriers.
Medical coding specialists, also called medical coders, work off of transcriptions taken from medical records, doctor's notes, lab test results and more. Medical coding is a process that occurs when a trained medical coding specialist turns medical diagnosis, procedures, services and equipment information into standardized alphanumerical code that's applied to the patient billing process. View more jobs on Indeed View More What is medical coding?