St. Cloud State University
The Center for Continuing Studies
Corporate Education and Outreach
High-quality online-training programs for in-demand careers in
Medical Transcription and Medical Coding & Billing
Unemployment Rates are On The Rise
10.2%
8.2%
But Healthcare Jobs are Growing
22% Projected Job Growth
•14.3 million jobs in 2008
•17.5 million jobs in 2018 (projected)
Driven by a growing and aging
population
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Transcription & Coding Jobs are Growing
Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition
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What is Medical Transcription and
Medical Coding & Billing?
Every time a patient sees a doctor, the
doctor must record the interaction for
medical records and billing purposes.
Medical transcription and editing
converts the recording into the final
text format.
Medical coding and billing is the
crucial next step in insurance and
patient billing.
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Medical Transcriptionist
Transcribes the audio dictations of
doctor-patient interactions, creating
the reports that constitute patient
medical records.
Medical Transcription Editor
Corrects and edits audio dictation
reports that are generated by speech
recognition software (Medical
Transcription Editors are specialized
medical transcriptionists).
Outpatient Coding and Billing
Translates outpatient medical records
into standardized ICD-9 diagnosis and
Current Procedural Terminology (CPT)
codes and bills for reimbursement.
(Outpatient coders cannot code inpatient
medical records)
Inpatient Coding and Billing
Translates inpatient medical records into
standardized International Classification
of Diseases (ICD)9 diagnosis and
procedure codes and bills for
reimbursement. (Inpatient coders can
code BOTH inpatient and outpatient
medical records)
Benefits of a Medical Transcription
and Editing Career
• Work at home – No commute
• Flexible hours
• Facilitate time with family
• Part-time or full-time
• Portable
•Make good money
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Benefits of a Medical Coding and
Billing Career
• Job security
• Medical professional
• Work traditional hours
• Work in hospital or physician office
• Career advancement opportunities
• Make good money
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Who Will Want to Hire You?
Medical Transcription
Medical Coding & Billing
(85-95% work from home)
(15% work from home)
• Remote Medical Transcription
Services Organizations (MTSOs)
• Hospitals
• Physician Offices
• Hospitals
• Insurance Companies
• Physician Offices
• Coding Consultancies
• Remote Coding Organizations
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Medical Transcription Placement Rates?
Final Exam Scores
High Honors
> 94%
Honors
90 - 94%
Grads
85 - 89%
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Industry Certification Exam Pass Rates?
*AAPC Industry Average Data Not Published
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Why Are The Programs So Successful?
• Employer and Industry Relationships
• High-quality Curriculum & Unique Teaching Approach
• Demo
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How Much Can I Earn in Transcription?
Medical Transcription Annual Income, Median = $32,100
10%
Bottom 10%
$22,400
25%
75%
Middle 50%
$27,100
$38,600
90%
Top 10%
$45,400
Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition
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How Much Can I Earn in Medical Coding?
Medical Coding & Billing Annual Income, Median = $30,610
10%
Bottom 10%
$20,400
25%
75%
Middle 50%
$24,300
$39,500
90%
Top 10%
$50,100
Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition
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Program Details
Medical Transcription
Medical Coding & Billing
Books and materials:
Books:
• 15-month online subscription to
• Dorland’s Medical Dictionary
Benchmark KB, including access to
• Saunder’s Nursing Drug Handbook
- Stedman’s complete Medical
• Merck Manual of Medical Information
Reference Library
• ICD-9-CM
- Quality Alerts Library
• Healthcare Common Procedure Coding
- AHDI Book of Style
System (HCPCS)
• Text Companion
• Current Procedural Terminology (CPT)
• AHDI Associate membership
• Text Companion
• WAV Foot Pedal
PLUS
-Curriculum support services
-IT support services
-Graduate support services
-Placement Direct
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Laptop Details
Free* laptop computer to those who
enroll by May 28
Service/Warranty: Provided by Hewlett Packard
(see slide 27 for more information)
Compaq CQ61Z series
Operating system: Genuine Windows 7 Home
Premium 64-bit
Processor: AMD Sempron(TM) Processor for
Notebook PCs M100 (2.0GHz, 512KB L2 Cache)
Memory: 2GB DDR2 System Memory (2 Dimm)
Hard drive: FREE Upgrade to 250GB 5400RPM
SATA Hard Drive
Graphics card: ATI Radeon(TM) HD 4200
Graphics with 128MB Display Cache Memory
*$29 shipping charge
Display: 15.6" diagonal High Definition HP
Brightview Display (1366x768)
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Pricing
Training Area
Training Program
Type
Price*
Medical Transcription
Transcription & Editing
Premium
$2,490
Transcription only
Basic
$1,990
Inpatient & Outpatient
Premium
$2,400
Outpatient only
Basic
$2035
Medical Coding & Billing
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Financing Options
•Cash
•Credit Card
•Discover Student Loan
•Wells Fargo Student Loan
•Local Credit Union Loan
•Local Bank Loan
•MyCAA Funding for Military
Spouses
Next Steps
1) Contact Tammy Anhalt-Warner
2) Determine how you want to finance the program
3) Complete financing application(s) as necessary
4) Complete enrollment processing with Tammy
5) Receive Login ID and Password within 1-2 business days
6) Receive laptop within 2-3 weeks
7) Begin to train at home for your new career!
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Contact Information
Tammy Anhalt-Warner
Assistant Director of Training
St. Cloud State University
Phone: 320-308-4252
Email: tammy@scsutraining.com
Web:
www.scsutraining.com
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Laptop Details (additional specs)
Compaq CQ61Z series
Primary optical drive: LightScribe SuperMulti
8X DVD+/-RW with Double Layer Support
Personalization: Microphone Only
Networking: Wireless-G Card
Keyboard: HP Color Matching Keyboard
Primary battery: 6 Cell Lithium Ion Battery
Modem Port: No Modem
Productivity software: Microsoft(R) Works 9.0
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Laptop Details (service specs)
The standard warranty features:
Compaq CQ61Z series
• One year parts and labor coverage, including
return of equipment to HP and authorized service
provider options
• One year of convenient 24 x 7, toll-free technical
support in English or Spanish 1-800-652-6672 (1800-OK Compaq)
• One-hour e-mail assistance and real-time chat
via a built-in notebook Help and Support Center
• An easy-to-use Web site providing quick access
to product diagnostics, FAQs, and top solutions
• For software, 30-day replacement of defective
application media and one year of toll-free
technical assistance
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Industry Certification Credentials are…
Somewhat Important to Medical
Transcription Employers
Absolutely Critical to Medical Coding
& Billing Employers
• Registered Medical Transcriptionist
(RMT) and Certified Medical
Transcriptionist (CMT) Exams are
administered by the Association for
Healthcare Documentation (AHDI)
• Certified Coding Associate (CCA) is
administered by the American
Healthcare Information Management
Association (AHIMA)
• Certified Professional Coder (CPC)
Exam is administered by the American
Academy of Professional Coders
(AAPC)
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What is Speech Recognition Software?
Allows physicians to dictate medical reports to a computer, which immediately
creates an electronic document.
• the software has been slow to grasp and analyze the human voice, the English
language, and the medical vernacular with all its diversity.
• there will continue to be a need for skilled medical transcriptionists to identify
and edit the inevitable errors created.
• not expected to significantly reduce the need for well-trained medical
transcriptionists.
Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition
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