Author Topic: Started the process  (Read 349 times)

Kinlaw30

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Started the process
« on: February 21, 2018, 09:48:18 PM »
Hello!

I have started the process of my own medical billing business and hope to get started soon. I have registered the business name and started working on a contract. What would be some things to include in a contract? I also would like to know what books would be helpful when starting the business?

Thanks!

PMRNC

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Re: Started the process
« Reply #1 on: February 22, 2018, 06:58:06 AM »
Alice and Michele the owners of this forum have a good book on how to write a contract!
I also own PMRNC which is a medical billing resource and networking association at www.billerswebsite.com we have a lot of resources for those starting and running their business.

You want to also make sure you have a good compliance plan and HIPAA Business Associates Agreement.
Linda Walker
Practice Managers Resource & Networking Community
One Stop Resources, Education and Networking for Medical Billers
www.billerswebsite.com

williamportor

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Re: Started the process
« Reply #2 on: February 22, 2018, 12:17:16 PM »
A few helpful things for your contract: Clauses stating you don't negotiate fees between the provider and insurance payers, the exact date each month when their fee to you is due and penalties for late payments, your right to adjust your fee at regular intervals, any legal disputes between you and the provider to be settled in your state and county. Important: Once you've written your contract, have it reviewed by an attorney before you or anyone signs it. A few dollars in legal fees could save you a great deal later on.

Contact Alice and/or Michele for literature on the subjects you'd like information on. They are experienced billers and have years of real world experience. Theirs is the best IMHO