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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
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St. Cloud State UniversityThe Center for Continuing StudiesCorporate 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
Medical Transcription and Medical Coding & Billing Professionals Play a Vital Role in the Delivery of Healthcare to Millions of Americans annually
What is Medical Transcription? • Patient sees doctor • Doctor dictates into microphone • Voice captured on system • File sent to medical transcriptionist • File is transcribed and edited for quality assurance • File uploaded to hospital and filed for patient
What is Medical Coding & Billing? • Coder codes the document from transcribed report • Biller bills visit from coded document • Insurance company & patient are billed • Complete documents are filed for patient
What is the US Job Outlook? Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition
Industry Certification Exam Pass Rates? *AAPC Industry Average Data Not Published
Medical Transcription Placement Rates? Final Exam Score High Honors > 94% Honors 90 - 94% Grads 85 - 89%
Who Will Want to Hire Me? • 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? Medical Transcription Annual Income, Median = $32,100 10% 25% 75% 90% $22,400 $27,100 $38,600 $45,400 Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition
How Much Can I Earn in Medical Coding? Medical Coding & Billing Annual Income, Median = $30,610 10% 25% 75% 90% $20,400 $24,300 $39,500 $50,100 Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition
Why Are The Programs So Successful? • Employer and Industry Relationships • High-quality Curriculum • Unique Teaching Approach
Program Details • Medical Transcription • Books and materials: • 15-month online subscription to • Benchmark KB, including access to • - Stedman’s complete Medical • Reference Library • - Quality Alerts Library • - AHDI Book of Style • Text Companion • AHDI Associate membership • WAV Foot Pedal • Medical Coding & Billing • Books: • Dorland’s Medical Dictionary • Saunder’s 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 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 *Submit “How Did You Hear About Us” form for chance to win a $250 discount (expires February 27, 2010)
Next Steps • Contact Tammy Anhalt-Warner • Determine how you want to finance the program • Complete financing application(s) as necessary • Complete enrollment processing with Tammy • Receive Login ID and Password within 1-2 business days • Receive laptop within 2-3 weeks • Begin to train at home for your new career!
Contact Information Tammy Anhalt-Warner Assistant Director of Training St. Cloud State University Phone: 320-308-4252 Email: tjanhaltwarner@stcloudstate.edu Web: www.stcloudstate.edu/continuingstudies/ceo/default.asp