Medical Billing Forum
Starting a Medical Billing Business => Starting Your Own Medical Billing Business => : sagemb September 23, 2014, 12:28:21 AM
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My one and only client is now joining a medical center so I'm in a phase to clean up all the balances, last bit of follow up, and payment applications.
However, just as I'm running out of confidence, I just got a voicemail by a financial consultation company asking if we would be interested in signing up with 2 or more doctors for billing. Also said that the terms of contract will be for 5yrs "GSE".
My Thoughts Are:
- I don't know even know what GSE is, turns out it has to do with companies that are backed up the government in some way. Does anyone know more about this?
- I thought it was too easy that business just comes and falls in my lap. And not just 1 doctor but 2 or more? Is it too good to be true?
- I thought was WAY TOO GOOD to have a 5yr contract. But again, it just sounds too good.
What are your thoughts? Any tips?
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GSE = Government Sponsored Enterprise
https://www.google.com/?gws_rd=ssl#q=gse
You were contacted by a financial consultation firm?
I could be wrong, but I expect that if you express interest you will discover that, for a fee, they will give you a list of GSE's that you can contact on your own. Why don't you ask them what's up.
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So many questions. I would check out the company that called you. And I would look at contracts. With whom would you be contracting? The consulting firm or the doctors? Is the consulting firm making a percentage on this? Do you know anything about the doctors?
To be up front and I think you want this or you would not be asking.
Many years ago..another person and I (she is also on this board) were responsible for publicizing some of these scammy companies. In fact one of them went to jail in your state. So I come from experience. It just doesn't smell right. How do you even know if this is a practitioner that you would want a relationship with? Are they US based?
I know it is difficult especially when something sounds so good and bravo for you for posting for us all to see. I have given you just a few questions to start with. there are so many more but certainly do some research on the consulting company first. Share and we will be happy to help.
I hope for you that this is legit. I would hate to see this kind of business starting all over again.
Please keep in touch here on the board and let us know what you find out.
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Sounds fishy to me too but then I'm the queen of pessimism in this business and nothing surprises me anymore. I'd ask to see so-called contract. 5 year lock in on a Govt sponsored job makes me skittish. lol
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WE recently were contacted by a company who 'helps us complete all applications' to obtain government billing jobs for a minimal fee of $6000. We contacted another person who had already done it and they said "RUN!"
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Although it's tempting...I'll do just that...RUN. I called them up and someone picked up the phone and the greeting sounded like a restaurant. When I asked for the person who left the VM, I was put on hold and after a minute the right person came over phone and greeted with a professional name and business greeting. But I could still here the sound of people, plates, and general restaurant/diner environment in the back.
She said everything fine, but I'm getting a weird feeling about it. I think I'll just pass.