How to start a medical billing service company?

This is a shout out to all medical billers and coders who are ready to break off in the industry and start a medical billing service. Most likely you are currently working for a medical doctor or a billing service right now and figure you can do it better.

That's what happened with me. After working for several medical practices as a biller and collector it became quickly apparent to me that most people have no clue how to run a medical billing service efficiently or effectively.

So, for those who are ready to take the opportunity to grow and may have the medical billing experience but no business experience let me point you to some directions.

1. www.medicalbillingsoftwarepro.com to research Practice Management Software Products and find the one that will work best for you and your company
2. www.medicalbillingsoftwarepro.com also has information on Clearinghouses. The clearinghouse is the lifeline of your business. They submit claims electronically (primary and secondary), they notify you almost instantly of any claim denials, the submit your statements electronically, they send you Claim Status reports automatically, they can send collection letters to patients and check their mailing addresses etc. Don't forget eligibility checks.
3. www.medicalbillingservicepro.com gives you ideas, suggestions and recommendations on how to start, operate and make money with a billing service.
4. Visit my website often for new updates to coding issues, billing claim denial reasons etc.
5. http://www.videotrainingpro.com/ offers training videos on Microsoft products like word and excel but they also offer training videos on Practice Management Software. learn how to setup and use a PM software for your own use. This will also help you with your sales demonstrations with your doctors.

Look, if you are tired of working for others and you know you are capable don't wait do it now! If you know you are the cream of the crop and your talents run deep with the medical billing industry doctors are lining up looking for you to work for them. Why not have them pay you to operate your own business.

I get these types of questions all of the time. Can I start a medical billing service? What does it take to operate a billing service? My managers don't seem to know anything - why can't I do it better? How do I create opportunities to own a medical billing service company? What direction should I take to start a medical billing company?

Believe in yourself and don't give up! Trust that you know how to bill and collect and the rest will come to you. You will need to expand your knowledge including contracts, invoices to doctors, signing on doctors but with a well planned out business plan you can do it just like so many others!

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Selling your Medical Billing Service?

If you are interested in selling your medical billing practice please let me know. I have several clients interested in purchasing existing Medical Billing Companies. One client in particular is interested in purchasing existing doctors on AdvancedMD practice management software.

Also, if you are a doctor currently on AdvancedMD Practice Management software and are interested in outsourcing your billing to a medical billing service that is knowledgeable on the AdvancedMD Practice Management software please contact me.

To Contact: Select the comments option and enter your information as to how you would like me to contact you. I will not "publish" this information but will use it to contact you. With Spamming issues it causes a lot of problems if I release my email address so I prefer to be contacted this way.

Questions on Electronic Medical Billing and Claims then click here medical claims electronic billing
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In the Market to Sell your Medical Billing Business?

Are you in the market to sell your Medical Billing Business? I have several clients who are interested in purchasing existing Medical Billing Businesses. My clients have been running successful billing services for many years and currently have 80+ doctors each.

1 client is specifically looking for a Medical Billing Business that has medical providers on the AdvancedMD medical billing software. They are looking for a small to mid-size medical billing business that has hopefully run a successful billing structure. This client has been in the Medical Billing Industry for over 14 years and has over 90 providers. The Medical Billing is completed in the USA.

My other clients have no preference on what software the doctors or medical billing business are using at this time. They are mature medical billing companies and offer wonderful services to medical doctors.

If you are interested in being introduced to my clients please contact me with your information. I will keep it confidential and contact you or have the medical billing services contact you directly.

Confused by Electronic Medical Claim billing then read these articles on Billing Health Insurance medical claims

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