Starting a Medical Billing Business > Starting Your Own Medical Billing Business
Starting a new business
voquendo6167:
Does the clearinghouse come with the Physician's software, or do I have to purchase my own?
Michele:
PMS (Practice Management SYstem) systems do not come with clearinghouse services. However Office Ally (clearinghouse ) does offer a free PMS system. But you get what you pay for so be aware. I love, love, love Office Ally as a clearinghouse, but I am not a fan (at all) of Practice Mate (their free PMS system).
voquendo6167:
I'll look into it. Thank you
voquendo6167:
I'm still researching on the business. I'm going to have it registered next week. But do i really have to invest about 10K on a software? I saw somewhere here that I don't, but want to make sure. I definitely don't have that kind of money. I'm for sure starting with very little.
PMRNC:
Many billing companies utilize their clients system's remotely, so you don't have to purchase your own. Another advantage to this is your ability to be diversified and not have to have a client switch which is a big time saver! It also saves the client from messy conversions that almost always have their kinks. If a potential client wants to switch you give them some recommendations, let them obtain the license and again, you'll work remotely with them. I've used that business model since about 2011 and I'd never go back. It's also nice on the bottom line as you get to keep most of the money you make. :)
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