Author Topic: Interested in starting a Medical Billing Business  (Read 1490 times)

Alice Scott

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Interested in starting a Medical Billing Business
« on: March 02, 2008, 06:57:23 AM »
Question
Good Afternoon Alice,
My name is Lakisha S. I was looking at your website about Medical Billing and I am interested in starting a Medical Billing Business from home. At the present time, I am working for a Global Insurance company in Washington. I have worked in the Medical field for 10 years now. I am currently reviewing medical terminology as well as Medical Insurance information. However, I still have a few questions:
1. How do I market my business?
2. How do I gain the trust from Doctors?
3. What are the Doctors look for when they are searching for a biller?
4. How much can I expect to earn starting out?
5. How do I set up a contract between the Doctor and Myself?
I know that I have a lot of questions, it's just that I am 29 years old and my husband and I are looking to start a family very soon. As you know, the price for child care is ridiculous! I look forward to hearing from you and thanks for your help.
Lakisha

Answer
Hi Lakisha,
Congratulations on wanting to work from home while you start your family. This is what Michele did, too.

There are many ways to market yourself to doctors. In fact we wrote a manual about marketing to doctors. You can read about it here. "12 Marketing Strategies to Grow Your Medical Billing Business".

You will find this is the hardest part of getting your business started. You do have to gain the trust of the doctors and this isn’t always easy if they don’t know you. Generally speaking when the doctors are looking for a medical biller, they are looking for someone they can trust to collect all the money they deserve for their services. He or she is going to want to hire a person who is detail oriented and experienced. Your ten years experience in the medical field will help.

Unfortunately you can’t expect to earn a lot of money when first starting out. You need to be billing for some doctors before the money starts coming in. It took us awhile before we earned regular paychecks. We also wrote a book “How to Start Your Own Successful Medical Billing Business” which would help to answer many of your questions.

Best of luck to you.
Alice
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