ICD-10 is less than two months old but already it is having a major impact on provider organizations across the country. In order to minimize the disruption in this sea of change, these organizations are turning to ICD-10 auditors to help them determine the efficacy of their ICD-10 coding efforts. Without this kind of oversight, work flow backlogs, payer disputes, and revenue disruptions could quickly become catastrophic. For that reason, ICD-10 auditors are in high demand right now.
ICD-10 auditors scrutinize medical records and provider claims to ensure that the assigned codes are supported by clinical documentation. In essence, they verify that the treatment being billed for and ultimately paid for is concurrent with the treatment that was actually provided. They perform an essential but often unsung role in the healthcare economy.
In this field certifications and experience count for more than degrees. In addition to having training and expert knowledge of ICD-10, professionals working in this capacity typically also have RHIA, RHIT, or CCS credential from AHIMA, and a minimum of five years experience in coding. They also must possess excellent communication skills, a sharp eye for detail, the ability to synthesize large volumes of information, and strong computer skills.
According to the Bureau of Labor Statistics, this is an exciting time to pursue a career as an ICD-10 auditor. By their estimates, this field will grow by 22 percent between 2012 and 2022. That is much faster than the national average for all jobs. As many as 41,100 new jobs are expected to be added. In 2012 the median salary was $34,160 per year, but the demand for ICD-10 auditors is very high right now and qualified professionals can expect to earn more than that.
If you already have the skills it takes to thrive as an ICD-10 auditor, consult our job board to find open positions available right now. As mentioned earlier, ICD-10 has been disruptive in its short history and providers are eager to stabilize their coding operations.
If you don’t yet have the skills to work as an ICD-10 auditor it’s time to start making a plan for your future. Where will you get the training that you need? How will you build up a professional network when you’re just starting out in a new field? Where will you find the resources you require to land a better job faster? Get the guidance you’re looking for by contacting MedPartners today.