Presentation on theme: "St. Cloud State University The Center for Continuing Studies Corporate Education and Outreach High-quality online-training programs for in-demand careers."— Presentation transcript:
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
Healthcare Industry is Large & Growing 22% Projected Job Growth 14.3 million jobs in 2008 17.5 million jobs by 2018 Driven by a growing and aging population 2
3 Medical Transcription and Medical Coding & Billing Professionals Play a Vital Role in the Delivery of Healthcare to Millions of Americans annually
1. Patient sees doctor 2. Doctor dictates into microphone 3. Voice captured on system 4. File sent to medical transcriptionist 5. File is transcribed and edited for quality assurance 6. File uploaded to hospital and filed for patient 4 What is Medical Transcription?
5 Benefits of a Medical Transcription Career Work at Home/ No Commute Flexible Hours Work on Your Schedule Enable Time with family Portability Make Good Money
1. Coder codes the document from transcribed report 2. Biller bills visit from coded document 3. Insurance company & patient are billed 4. Complete documents are filed for patient 6 What is Medical Coding & Billing?
7 Benefits of a Medical Coding & Billing Career Be a part of the Medical Profession Enjoy Job Security Work Traditional Hours Work in a Hospital Work in a Physician Office Make Good Money
What is the US Job Outlook? 8 Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition
How Important are Industry Certifications? 9 Profession Governing AssociationCertification Provided Importance to Employers Medical Transcription AHDIRegistered Medical Transcriptionist (RMT) Certified Medical Transcriptionist (CMT) Low Medical Coding & Billing AHIMA AAPC Certified Coding Associate (CCA) Certified Professional Coder (CPC) High
Industry Certification Exam Pass Rates? 10 *AAPC Industry Average Data Not Published
Medical Transcription Placement Rates? Final Exam Score High Honors > 94% Honors 90 - 94% Grads 85 - 89% 11
Who Will Want to Hire Me? 12 Medical Transcription (85-95% work from home) Remote Medical Transcription Services Organizations (MTSOs) Hospitals Physician Offices Medical Coding & Billing (15% work from home) Hospitals Physician Offices Insurance Companies Coding Consultancies Remote Coding Organizations
How Much Can I Earn in Transcription? 13 Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition 10% 25% 75% 90% $22,400 $27,100 $38,600 $45,400 Medical Transcription Annual Income, Median = $32,100
How Much Can I Earn in Medical Coding? 14 Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition 10% 25% 75% 90% $20,400 $24,300 $39,500 $50,100 Medical Coding & Billing Annual Income, Median = $30,610
Why Are The Programs So Successful? 15 Employer and Industry Relationships High-quality Curriculum Unique Teaching Approach
Program Details 16 Medical Transcription Books and materials: 15-month online subscription to Benchmark KB, including access to - Stedmans complete Medical Reference Library - Quality Alerts Library - AHDI Book of Style Text Companion AHDI Associate membership WAV Foot Pedal Medical Coding & Billing Books: Dorlands Medical Dictionary Saunders Nursing Drug Handbook Merck Manual of Medical Information ICD-9-CM Healthcare Common Procedure Coding System (HCPCS) Current Procedural Terminology (CPT) Text Companion PLUS -Chats & Forums -Curriculum Support -IT Support -Graduate Support -Placement Direct
Laptop Details 17 Free* laptop computer to everyone who enrolls by January 29, 2010 Compaq CQ61Z series Service/Warranty: Provided by Hewlett Packard (see Appendix for more information) 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 Display: 15.6" diagonal High Definition HP Brightview Display (1366x768) *$29 shipping charge
Pricing & Financial Aid 18 ProgramPrice* Medical Transcription $2,550 Medical Coding & Billing $2,550 Financing Options Cash Local Credit Union Loan MyCAA Credit Card Wells Fargo Student Loan Local Bank Loan *Submit How Did You Hear About Us form for chance to win a $250 discount (expires February 27, 2010)
Next Steps 19 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!
Contact Information 20 Tammy Anhalt-Warner Assistant Director of Training St. Cloud State University Phone: 320-308-4252 Email: email@example.com@stcloudstate.edu Web: www.stcloudstate.edu/continuingstudies/ceo/default.asp