The Importance of a Compliance Officer Credential (CPCO)
Compliance Officers are required to have a vast knowledge of government laws, regulations and guidelines since the officer develops and monitors compliance departments, including internal compliance reviews, audits and risk assessments.
Read on to learn more about what CPCOs are, the career opportunities you’ll have with a credential and what you’ll learn with a CPCO credential course.
What Are Compliance Officers?
CPCOs are the keepers of compliance. They ensure everyone is on the same page and everything is running smoothly in case of an audit. According to the AAPC, CPCOs “have demonstrated an understanding of the key requirements necessary to effectively develop, implement, and monitor a healthcare compliance program for your practice based on governmental regulatory guidelines — including internal compliance reviews, audits, risk assessments, and staff education and training.”
Compliance Officer Opportunities
As with several other roles related to medical coding and billing, the need for Compliance Officers is on the rise. More and more medical institutions are hiring medical coders and they need to maintain compliance. These officers will ensure coding regulations are enforced and that everyone is on the same page. The salary isn’t bad, either. According to the 2018 Medical Coding Salary Survey, CPCOs make an average of $74,043 per year.
What Will I Learn with a CPCO Credential?
A CPCO credential prepares you with the laws, regulations and guidelines needed to do your job effectively and keep your department (and company) in compliance. This one-day credential course is only taught at the Medical Coding Academy Dallas headquarters and prepares students for the national board exam for CPCO® by learning the following:
- ICD-10-CM Guidelines
- ICD-10-PCS Guidelines
- Risk Model Purpose
- Risk Adjustment Models
- Quality Care
If you’re interested in a career as a Compliance Officer, sign up for our CPCO course today!