Author Topic: starting a medical billing business  (Read 23834 times)

lhough

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Re: starting a medical billing business
« Reply #60 on: April 09, 2009, 04:27:01 PM »
So are you saying that if I have a client that has a practice with 20 providers, that it will only cost $149 a month no matter how many providers in that practice I bill for?  If that is what you are saying that is fantastic!  I have not signed a client yet and am still looking for a good PM but I know that I want it to be web based but I have been finding that there is usually a monthly fee per provider, which becomes just too expensive.

I have one counselor that has just started her practice and is outsourcing but she is not happy with the biller she is using.  But, until I find a PM software I am on the fence.  I also have my eye on a clinic that has 20+ providers and if I could find something that doesn't charge me a fee for each provider that I bill for then I would be in a position to approach them, but until I can find something that will only charge me say a set fee per database (for each different clinic I bill for) then I am just left out in the cold so to speak!  ???

I have gone to the website you indicated but it really doesn't tell or show anything about the practice management software at all.  Where do I go to find out about the software and the features?
Thanks,
Lesley

lhough

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Re: starting a medical billing business
« Reply #61 on: April 09, 2009, 04:33:10 PM »
One more thing Alice,
with the software you are talking about, does it have unlimited users or is there a fee per "seat"?  The large practice I am looking at has a minimum of 6 staff members and 2 owners that would access at any given time, not to mention the providers would access to look at their schedule (I plan to offer the scheduler feature, to me I would like to have them use my software and they can use the scheduler which I think would be helpful to me as well because then I can see what to expect for the day, week, month, etc.).  If there is a fee per seat that too can get expensive, I really want something that offers unlimited users.

Thanks for any info you can provide. :D
Thanks,
Lesley

Michele

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Re: starting a medical billing business
« Reply #62 on: April 09, 2009, 08:36:35 PM »
It was hard to believe for us at first, but it really is correct, $149 per month per seat for unlimited providers/practices, with no set up fees, hidden costs, etc.  And it has all the features of those other web based softwares that are MUCH more expensive.  They are able to do it because of the SAAS technology. 

Anyway, if the providers want to access their account then you should put that cost onto them.  Xena only charges providers $99 per month/per seat, and they can see all of their data, but the program is slightly different from their view so they don't have access to all of the tools that you do as the biller.  (But they can see all that they need to)  And a seat is a sign on and can be accessed from any computer so each person at the drs office wouldn't be signing on at the same time so they wouldn't each need an individual sign on or seat.

If you would like more info I can have someone from Xena call you. 

Michele
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gderilus

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Re: starting a medical billing business
« Reply #63 on: April 15, 2009, 10:14:59 AM »
Hi Michelle
Is the contract for your business is the same as the BA or is it two different thing

Pay_My_Claims

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Re: starting a medical billing business
« Reply #64 on: April 15, 2009, 11:53:26 AM »
Just my small input on billing software. I disagree with the analogy of getting into a yugo and want to upgrade to a cadillac as being wrong. To avoid going bankrupt, you should start out small and upgrade. Getting into a cadillac when you don't have the payments to afford it would be in my opinion a bad business move. Most people don't quit their job and start out doing their home based business unless they got a nice loan to start them up that will allow them to live until they build the business. Most that I know can't afford to quit their day job, so the business is done at home after hours. I can truly appreciate the benefits to having programs like zena or advancedmd etc, but logically speaking, i can't afford to pay that fee each month and not having a provider to bill for.  I myself started with officeally/practice mate, but hopefully will upgrade once I am assured of having 2 long term clients. Once I move into my cadillac, i don't plan on having to drop back down to my yugo.....:-) I actually had one company tell me they don't even talk to billing services that don't already have clients!!!

Michele

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Re: starting a medical billing business
« Reply #65 on: April 15, 2009, 01:37:34 PM »
Did you mean BAA?

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gderilus

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Re: starting a medical billing business
« Reply #66 on: April 15, 2009, 05:00:08 PM »
Yes I meant BAA
thanks

PMRNC

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Re: starting a medical billing business
« Reply #67 on: April 16, 2009, 07:39:52 AM »
Quote
Is the contract for your business is the same as the BA or is it two different thing

Your BAA is your Business Associates Agreement and yes it is aside from your services contract.. very different! HIPAA and HITECH require certain responsibilities of the CE and the BA.  Your contract is between you and your client and outlines responsibilities and obligations by both parties.  Your HIPAA requirements and other things would be included in your compliance plan.  It's always a good idea to have your compliance plan ready when you are marketing.

Linda Walker
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fsaxonhort

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Re: starting a medical billing business
« Reply #68 on: April 17, 2009, 06:43:24 PM »
Hello, my question is where would I find marketers to help me secure my first client.  What search words would I use?  What are the names of these marketers?  Does anyone have any suggestions on people or companies who might be able to help me with marketing?  Thanks Faye
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Michele

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Re: starting a medical billing business
« Reply #69 on: April 17, 2009, 09:22:45 PM »
I know there are companies out there but I'm not familiar with any.  I'm not sure what to search.  You could try 'marketing company'.  That brought up a few responses, but of course you don't know if they are good.

Be careful.

Michele
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fsaxonhort

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Re: starting a medical billing business
« Reply #70 on: April 17, 2009, 10:01:50 PM »
Thanks for your response.  Faye
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PMRNC

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Re: starting a medical billing business
« Reply #71 on: April 20, 2009, 05:46:03 AM »
Be really careful using marketing firms, no one knows your business better than you. There have been many scam marketers who would go around promising providers free computers on behalf of the companies they were marketing for, and of course the client they were marketing FOR had no idea. Outside marketing firms will go out and sell for you but really in this business only you know the benefits you are offering and doctors want to feel comfortable about who they are outsourcing to. JMO

Linda Walker
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gderilus

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Re: starting a medical billing business
« Reply #72 on: May 24, 2009, 11:35:20 AM »
Hi Michelle
I was wondering how you keep track of all the claims that you send so you follow up on them. I know some people use excel, but how exactly would you do it. Would you type all the claims that you send for the month by patients name or providers.

Michele

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Re: starting a medical billing business
« Reply #73 on: May 24, 2009, 02:09:43 PM »
My practice management software keeps track for me.  I have the ability to run reports to show all unpaid claims, etc.  I work off of those reports.

Michele
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Denise35

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Re: starting a medical billing business
« Reply #74 on: May 24, 2009, 05:32:14 PM »
Use should have a claim management module with reports name outstanding/aging insurance or pending claims report.

So programs have modules you can create a "workflow" and after the claims is not paid in a week, two weeks and/or 30 days, it will show up in your workflow.  And the unique and nice thing about having a work flow, you can set your preferences.

I hope this helps,

Denise35
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