A community of 30,000 US Transcriptionist serving Medical Transcription Industry
I just heard a story on American Public Media's Marketplace via my local NPR radio station. There is a transcript of it online. Very interesting, especially towards the end when they talk about how the system of billing based on codes is not cost efficient anymore with the complexity of health care and that, as insurers keep paying less and less for each code, providers dig around and find more and more codes that they can bill for on each procedure or hospital stay to make up for the decrease. At the end there is a suggestion of doing away with the system and paying lump sums to providers to save money on administrative costs, etc., but most providers do not want to do this because of the obvious limitations and loss of autonomy that might ensue.
http://www.marketplace.org/topics/life/health-care/battle-over-billing-codes