Starting a Medical Billing Business > Starting Your Own Medical Billing Business
starting a medical billing business
PURPLELADY:
Thanks Michelle. You are truly a blessing!!!
We are registered with the state, waiting on the LLC to come back, have a p.o. box address, notarized our partnership agreement, financial software, fax#, computers, office supplies, etc. We plan to file for our business license and open a business bank account next month. All we need now is the billing software, set up merchant services, ontomypc, and a business phone. Here is the problem....it was suggested that we use a cell phone as a business phone. Then a suggestion that we get a phone installed and foward calls to the cell phone. What do you suggest?? My partner does not want people to speak to voice mail. We both work full time jobs (getting in about 6:00). Also, do you think I should sign up with the clearinghouse and medicare/medicaid now (just to get it over with) even without the license yet?
Is there a basic contract for dr/billing service? or should I create one myself as I go along with each dr? What should be in the contract? Do you know of a brochure template I can download?
Michele:
If you are able to answer the cell phone during the day it sounds like that might be a good idea. But if you would not be able to talk (at work) then it probably wouldn't. I don't have a copy of any standard contract. We designed our own. Contracts vary greatly from very basic, to very detailed. I would recommend that you have your lawyer review your contract before you use it.
I've always used Microsoft publisher for designing brochures. There are a few templates available with publisher.
Michele
PURPLELADY:
Thanks Michelle. Do you think I should sign up with clearinghouse/insurances even though I have no biz license or clients? Or do I wait until I get my client.
PMRNC:
If your clearinghouse charges per transaction and doesn't have any monthly or setup fees then it wouldn't hurt to get enrolled, however it's ok just to have your enrollment papers ready for when you get your first client.
Also some things you missed in your setup.. You will want to be sure your BAA's are ready for the HITECH Act, it's an extension of HIPAA where BA's will now carry the same liabilities as CE's so current BA's will be scrambling to review their BAA's, if you do this now and get them ready you'll have one less thing to stress about next year. You also want to look into errors & omissions insurance and start getting your compliance plan ready.
PURPLELADY:
Thank you.....But I'm afraid you lost me with the BAA'S and the BA'S and the HITECH ACT. Can you break those down for me? What does the initials stand for, what is it,what is their purpose, how do I get it, etc. Where do I begin to search for the errors and omission insurance? Any suggestions. Is there a website I can go to for this stuff? Thanks.
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