How to Open & Operate a Financially Successful Medical Billing Service PDF Download
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Author: Laura Gater
Publisher: Atlantic Publishing Company
ISBN: 1601382804
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
Book & CD-ROM. If you are detail-oriented, want to be your own boss, and would like to act on the behalf of physicians all over the country, the medical billing service business could be a right fit for you. Whether you will be operating out of your home or you are looking to buy or rent office space, this book can help you with a wealth of start-up information, from how to form and name your business to deciding if this will be a joint venture or if you would rather work solo. Valuable information on forming a Partnership, LLC, Corporation, or becoming a Sole Proprietor, the four types of business formation, is included, as well as the legal implications of each. A complete list of all of the start-up equipment that you will need is provided, as well as a sample budgeting sheet to allow you to gauge start-up costs. You will learn about potential risks that you take in opening a medical billing service and why it is important to have business insurance. You will find information on the operations side of running your business from filling medical billing claims to receiving payments, along with privacy information that you will need to know such as HIPPA. Included is a glossary with all of the medical billing terms that you will need in order to knowledgeably run your business, alongside a complete listing of procedural codes and a directory of insurance carriers. You will learn about each of the covered services in the medical field, along with other major medical industries such as, psychiatric, dental, durable medical equipment, and pharmacy. This complete manual will arm you with everything you need, including sample business forms; contracts; worksheets and checklists for planning, opening, and running day-to-day operations; lists; plans and layouts; and dozens of other valuable, timesaving tools of the trade that no business owner should be without. A special chapter on the different types of billing software that you should buy is included, as well as how much it will cost you and how to set up and use the software to save time and money. While providing detailed instruction and examples, the author leads you through every detail that will bring success. You will learn how to draw up a winning business plan (the companion CD-ROM has the actual business plan you can use in Microsoft Word) and about basic cost control systems, copyright and trademark issues, branding, management, legal concerns, sales and marketing techniques, and pricing formulas. You will learn how to hire and keep a qualified professional staff, how to meet IRS requirements, how to manage and train employees, how to generate high profile public relations and publicity, and how to implement low cost internal marketing ideas. You will learn how to build your business by using low and no cost ways to satisfy customers, as well as ways to increase sales, have customers refer others to you, and thousands of great tips and useful guidelines.
Author: Laura Gater
Publisher: Atlantic Publishing Company
ISBN: 1601382804
Category : Business & Economics
Languages : en
Pages : 290
Get Book
Book Description
Book & CD-ROM. If you are detail-oriented, want to be your own boss, and would like to act on the behalf of physicians all over the country, the medical billing service business could be a right fit for you. Whether you will be operating out of your home or you are looking to buy or rent office space, this book can help you with a wealth of start-up information, from how to form and name your business to deciding if this will be a joint venture or if you would rather work solo. Valuable information on forming a Partnership, LLC, Corporation, or becoming a Sole Proprietor, the four types of business formation, is included, as well as the legal implications of each. A complete list of all of the start-up equipment that you will need is provided, as well as a sample budgeting sheet to allow you to gauge start-up costs. You will learn about potential risks that you take in opening a medical billing service and why it is important to have business insurance. You will find information on the operations side of running your business from filling medical billing claims to receiving payments, along with privacy information that you will need to know such as HIPPA. Included is a glossary with all of the medical billing terms that you will need in order to knowledgeably run your business, alongside a complete listing of procedural codes and a directory of insurance carriers. You will learn about each of the covered services in the medical field, along with other major medical industries such as, psychiatric, dental, durable medical equipment, and pharmacy. This complete manual will arm you with everything you need, including sample business forms; contracts; worksheets and checklists for planning, opening, and running day-to-day operations; lists; plans and layouts; and dozens of other valuable, timesaving tools of the trade that no business owner should be without. A special chapter on the different types of billing software that you should buy is included, as well as how much it will cost you and how to set up and use the software to save time and money. While providing detailed instruction and examples, the author leads you through every detail that will bring success. You will learn how to draw up a winning business plan (the companion CD-ROM has the actual business plan you can use in Microsoft Word) and about basic cost control systems, copyright and trademark issues, branding, management, legal concerns, sales and marketing techniques, and pricing formulas. You will learn how to hire and keep a qualified professional staff, how to meet IRS requirements, how to manage and train employees, how to generate high profile public relations and publicity, and how to implement low cost internal marketing ideas. You will learn how to build your business by using low and no cost ways to satisfy customers, as well as ways to increase sales, have customers refer others to you, and thousands of great tips and useful guidelines.
Author: Peg Stomierowski
Publisher: Atlantic Publishing Company
ISBN: 1601383347
Category : Business & Economics
Languages : en
Pages : 338
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Book Description
Millions of Americans every year have troubles with their finances. They turn to experts in droves, asking for help in filing their taxes, consolidating their debt, or just planning how they will pay their bills and invest their retirement funds. This book was written for anyone who has ever wanted to dip his or her foot into financial planning but did not know where to start. You will learn the fundamental basics of financial planning, starting with the very process that most planners use to organize their own finances. You will learn how to organize financial statements and to create plans and how to properly manage taxes to great effect. You will learn how to manage basic assets such as cash, savings, home equity, and auto- mobiles. You will learn how to effectively manage credit and how to deal with insurance including life insurance, health insurance, and property insurance. Whether you will be operating out of your home or you are looking to buy or rent office space, this book can help you with a wealth of startup information, from how to form and name your business to deciding if this will be a joint venture or if you would rather work solo. You will learn how to build your business by using low- and no-cost ways to satisfy customers, and also ways to increase sales, have customers refer others to you, and thousands of excellent tips and useful guidelines. This complete manual will arm you with everything you need, including sample business forms; contracts; worksheets and checklists for planning, opening, and running day-to-day operations; lists; plans and layouts; and dozens of other valuable, timesaving tools of the trade that no business owner should be without. For all prospective financial planners, this guide will give you a complete walkthrough and timeline of what you need to accomplish to be effective. The companion CD-ROM is included with the print version of this book; however is not available for download with the electronic version. It may be obtained separately by contacting Atlantic Publishing Group at
[email protected] Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company presidentâe(tm)s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.
Author: The Staff of Entrepreneur Media
Publisher: Entrepreneur Press
ISBN: 1613083432
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
LAUNCH A CAREER IN MEDICAL CLAIMS BILLING The market for medical claim billers is growing exponentially. With legions of providers and an ever-expanding patient pool, health-care industry spending is expected to grow by 5.8 percent each year through 2024. By then, health-care spending will total $5.43 trillion and account for 19.6 percent of the gross domestic product. So let there be no doubt: Health care is big business and its growth shows no signs of slowing. This makes it the perfect time to start your own medical claims billing service.
Author: Alice Scott
Publisher: CreateSpace
ISBN: 9781434813824
Category : Medical
Languages : en
Pages : 134
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Book Description
Revised for 20014. Learn if medical billing is the business for you from a mother and daughter team who built their own successful medical billing business. Alice Scott and Michele Redmond started their medical billing business in 1994 and have grown to bill for over 50 providers across the United States. Their book reveals the truth about the medical billing field and makes it clear if this opportunity is right for you. This book will tell you how to get your own business started on the path to success. The book takes you from understanding what medical billing is to knowing what costs will be involved in setting up your business while helping you determine how to set your fees and landing your first client.
Author: Gina Thatcher
Publisher: CreateSpace
ISBN: 9781484928189
Category : Business & Economics
Languages : en
Pages : 106
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Book Description
Looking for a new career? Want to be self-employed? Want to start a business with little overhead? Then stop searching, this is the book you want to read! This book takes you step by step through the process of starting your own medical billing service from your home. The world of medical billing is an ever changing one. Policies and procedures are constantly being updated. In this book I will teach you how to stay on top of them. Medical providers and their staff do not have the time or resources to keep up with insurance companies and their seemingly constant policy changes. Many medical providers outsource to professional medical billing services, like the one I will teach you to be. This book will take you step by step to start your medical billing service. Including all the tools you need to get started, how to market a provider, writing a professional contract, determining your fees, and choosing software. I also share my secrets of medical insurance companies and patient collections with you. Throughout the book I discuss additional services you can offer to generate even more income for your medical billing service. You can and will be successful!
Author: Paul G. Hackett
Publisher: CreateSpace
ISBN: 1451588488
Category : Accounts receivable
Languages : en
Pages : 178
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Book Description
Gives... definitive answers to all the questions you have and the questions you didn't know you should be asking such as... 1) Is the home based medical billing market saturated? 2) Can I start this business without any prior healthcare experience? 3) What will it really cost me to start a work from home medical billing career? 4) How long will it take me to get up and running? 5) How much money can I expect to make as a home based medical biller? 6) How do I correctly set up my business entity in the eyes of the law? 7) What is HIPAA and how does it impact me as a medical biller? 8) How do I choose the best medical billing training courses? 9) How do I evaluate and choose the best clearinghouse for my business? 10) Where do I go to download medical billing software demo's? 11) What 3 medical billing services at a minimum should I offer to potential clients? 12) How much should I charge clients for my services? 13) Where will I find the contact information of physicians so I can market my services to them? 14) What must I do and say to convince doctors and their staff to secure their business? 15) What kinds of paperwork will I need to bring on an interview to ensure the signing process goes smoothly?
Author: Kyle Farhat
Publisher: Wheatmark, Inc.
ISBN: 1587369761
Category : Business & Economics
Languages : en
Pages : 258
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Book Description
"Claim Success! is written to provide entrepreneurs, business people, and anyone investigating medical billing as a potential career, with completely up-to-date, comprehensive information about literally everything you will need to know to decide if running a medical billing and practice management company is a good business for you to consider." --Publisher.
Author: Electronic Medical Billing Network of America, Incorporated
Publisher: Electronic Medical Billing
ISBN: 9781893978065
Category :
Languages : en
Pages : 274
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Book Description
Business Techniques - Business/Economics/Finance.
Author: Rob Adams
Publisher:
ISBN: 9781891984808
Category : Health insurance claims
Languages : en
Pages : 0
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Book Description
"Low Startup Requirements Make This a Great Homebased Business" Americans now spend about $1 trillion a year on health care and the bill is sent out to collect every dollar. Why is that important to you? Because doctors have trouble collecting what is owed to them by patients, insurance companies, medical groups and hospitals. They're buried in paperwork, complicated Medicare and Medicaid documents and insurance forms they must deal with daily. What's the remedy? More and more doctors are paying billing experts to handle their paperwork. This creates a growing niche for entrepreneurs who are experts at tunneling their way through the paper avalanche. As a billing specialist, you will help clients fill out claims forms to make sure patients get all the benefits they rightly deserve; then you'll transmit claims electronically, directly into the computers of HMO and Medicare, short-cutting the handwork that slows down many claims and gaining automatic priority over claims submitted on paper. With referrals from doctors and hospitals, your billing service can grow quickly. In fact, with health-care needs accelerating, the demand for your services will grow by leaps and bounds-along with your profits. This start-up guide teaches you everything you need to know to get into this perfect starter business, including: Researching the marketCalculating start-up and operating costsFinding clientsGetting referralsDemystifying medical jargonDealing with insurance carriers Best of all, startup requirements are minimal: computer, printer, modem, and claims billing software. Buy this book and write yourself a prescription for a healthy income!
Author: Steven M. Hacker
Publisher: Nano 2 Business Press
ISBN: 0615407137
Category : Business & Economics
Languages : en
Pages : 126
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Book Description
"A comprehensive primer on the business skills essential for physicians."- Kirkus Reviews"A doctors' guide to entrepreneurship..."- Kirkus ReviewsThis is the new third edition (2015-2016) of the most popular business and practice management book for physicians, medical students and medical residents. Thousands of doctors and entrepreneurs have bought this book before joining a group or starting their own practice or entrepreneurial venture. The brand new third edition contains NEW FORMATTING AND NEW MATERIAL for the same low price as past editions. This third edition includes a bonus section to help entrepreneurs and doctors source out specific vendors' and their products and services to get a jumpstart on your business or medical practice. WARNING AND ADVICE for Doctors & Medical students and entrepreneurs: BEFORE JOINING A GROUP PRACTICE OR STARTING A NEW BUSINESS, DO NOT SIGN ANY CONTRACTS UNTIL YOU HAVE FINISHED READING THIS BOOK.This book is written to help doctors, medical residents, medical students, and physicians in private practice and academia avoid costly business mistakes in their post medical school career. It is uniquely written from the perspective of a successful physician entrepreneur. Busy doctors with little time can quickly access critical cost saving information when joining or starting a private practice. Topics include everything from how to set up a practice, sign a contract with another group, hire another doctor, contract with insurance companies, understand health regulations including the HITECH stimulus act, how to qualify to receive stimulus funds, billing in the office, hiring and firing personnel, picking a location, obtaining hospital privileges, applying for the required licenses, electronic health records, practice management software, health technology in the office, how to protect your estate, liability issues, marketing and public relations, design of the medical office and more. Also written for the physician entrepreneur, the book explains how to raise capital, term sheets, understanding venture capital, board of directors, incorporation election issues, how to understand financials, balance sheets, negotiations, hiring the management team, how to take an idea and turn it into an operating business, how to protect your intellectual property, copyrights, trademarks, patents, customer acquisition and how to deal with a business when things go wrong. The book covers much more and includes expert "stat consults" or opinions from corporate attorneys, intellectual property attorneys, board certified health care attorneys and estate attorneys.
