St. Cloud State University The Center for Continuing Studies Corporate Education and Outreach High-quality online-training programs for in-demand careers.

High-quality online-training programs for in-demand careers inHigh-quality online-training programs for in-demand careers inMedical Transcription and Medical Coding & BillingMedical Transcription and Medical Coding & Billing

Healthcare Industry is Large & GrowingHealthcare 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

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Medical Transcription and Medical Coding & Billing Professionals Play a Vital Role in the Delivery of Healthcare to Millions of Americans annually

1. Patient sees doctor2. Doctor dictates into

microphone3. Voice captured on

system4. File sent to medical

transcriptionist5. File is transcribed and

edited for quality assurance

6. File uploaded to hospital and filed for patient

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What is Medical Transcription?What is Medical Transcription?

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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

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What is Medical Coding & Billing?What is Medical Coding & Billing?

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What is the US Job Outlook?What is the US Job Outlook?

8Source: US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-

11 Edition

How Important are Industry Certifications?How Important are Industry Certifications?

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ProfessionGoverning Associatio

nCertification Provided

Importance to

Employers

Medical Transcription

AHDI Registered Medical Transcriptionist (RMT)

Certified Medical Transcriptionist (CMT)

Low

Low

Medical Coding & Billing

AHIMA

AAPC

Certified Coding Associate (CCA)

Certified Professional Coder (CPC)

High

High

Industry Certification Exam Pass Rates?Industry Certification Exam Pass Rates?

10*AAPC Industry Average Data Not Published

Medical Transcription Placement Medical Transcription Placement Rates?Rates?

Final Exam Score

High Honors > 94%

Honors 90 - 94%

Grads 85 - 89%

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Who Will Want to Hire Me?Who Will Want to Hire Me?

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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?How Much Can I Earn in Transcription?

13Source: 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?How Much Can I Earn in Medical Coding?

14Source: 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?Why Are The Programs So Successful?

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• Employer and Industry Relationships

• High-quality Curriculum

• Unique Teaching Approach

Program DetailsProgram Details

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Medical TranscriptionBooks 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 & BillingBooks:• 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 DetailsLaptop Details

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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 AidPricing & Financial Aid

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Program Price*

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 StepsNext Steps

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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 InformationContact Information

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Tammy Anhalt-WarnerAssistant Director of TrainingSt. Cloud State University

Phone: 320-308-4252 Email: tjanhaltwarner@stcloudstate.eduWeb: www.stcloudstate.edu/continuingstudies/ceo/default.asp