Medical Billing and Coding ServicesSIC 8721 | NAICS 541219 The following guide to market research and industry analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more. Select from the following sections to view available resources: For guides to other industries, see our index. Industry Analysis, Trends, Statistics, and Forecasts
Medical Claims Processing Services
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Third-Party Administrators & Insurance Claims Adjusters (view report) Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:
American Academy of Professional Coders Information resources available from this organization include:
Healthcare Business Monthly
Coding Help
Work of A Coder Survey Billing-Coding, Inc. BC Advantage Magazine http://www.billing-coding.com/ Monthly trade magazine features news and information for billing and coding personnel, with topics covered including billing, coding, compliance, reimbursement, legal issues, office management, and more. Full access to the magazine is limited to subscribers; selected articles from current and prior issues are available online. HBMA Billing Journal https://www.hbma.org/ Bimonthly trade journal features news and information for medical billing companies, with topics covered including coding, compliance, business practices, operations management, and more. Current issue of this publication is available to members only; PDF version of prior issues can be viewed online with registration. Entrepreneur Magazine Business Startup Guides Medical Claims Billing Service http://bookstore.entrepreneur.com/ Business startup guide provides an overview of the medical claims billing industry and takes users through the various aspects of starting a business in this industry and running it successfully. Table of contents and selected excerpts from the Kindle edition can be viewed online via Amazon.com's "Look Inside" feature. Financial Benchmarking DataMedical Billing Services https://www.bizminer.com Search for "541219" Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
AMBA Benchmarking Report & Worksheets http://www.ambastore.net/ Benchmarking report provides ratios and other measures which can be used to analyze the financial and operating performance of a medical billing practice, and includes two worksheets that can be used to calculate net cash flow, turn-around time, voluntary adjustments, and other key practice benchmarks. American Academy of Professional Coders AAPC Healthcare Salary Survey https://www.aapc.com/survey Annual salary survey provides compensation and benefits information for billing and coding personnel, with compensation data reported by level of certification, education level, years of experience, type of employer and workplace setting, and geographic region. Current and prior year surveys are available free online. U.S. Bureau of Labor Statistics Occupational Outlook Handbook - Medical Records Technicians https://www.bls.gov/medical-records-technicians.htm Information provided for this occupational category includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online. Small Business Valuation Multiples http://valuationresources.com/ Comprehensive reference guide provides market-based business valuation multiples for small businesses in more than 200 industries. Valuation multiples are derived from actual business sales transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million. |