Starting a Medical Billing Business > Starting Your Own Medical Billing Business

Medical Billing Career Research‏

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PMRNC:
Good INFO you got :) 

Just to add to that info simply... today's Medical biller MUST be diversified meaning they are ready, willing and able to take on an account w/out long drawn out data conversions, or the time it takes to learn a new software.. that's why I encourage all new billers to get out there and demo and play with all of them.  One of my long time friends I met way back in the late 90's started off her billing company with ONE software, she now has 77 clients, staff and she has no ONE software, some she utilizes remote access, some are web based, etc. Gone are the days where you CHOSE a software, talked the doctor into just going with yours, etc etc. Today's doctor needs you to be ready to go immediately with NO hit to the revenue stream. If you are new to the business completely it IS going to take you longer but I encourage you to learn ALL about practice management and NOT just "medical billing".   I make the bulk of my money doing consulting but I wouldn't be able to do the consulting if I only had the basic education of just billing.  Get to know the entire industry, think outside the box and be diversified and ready for any task.

RichardP:
Here is a bit more information I think everybody should be familiar with.

http://www.nytimes.com/2013/02/20/business/a-digital-shift-on-health-data-swells-profits.html?pagewanted=all&_r=0

From the article:

The biggest players drew this incredible huddle around the rule-makers and the rules are ridiculously favorable to these companies and ridiculously unfavorable to society. ... The records systems sold by the biggest vendors have their fans, who argue that, among other things, the systems ease prescribing medications electronically. But these systems also have many critics, who contend that they can be difficult to use, cannot share patient information with other systems and are sometimes adding hours to the time physicians spend documenting patient care.

PMRNC:

--- Quote ---The biggest players drew this incredible huddle around the rule-makers and the rules are ridiculously favorable to these companies and ridiculously unfavorable to society. ... The records systems sold by the biggest vendors have their fans, who argue that, among other things, the systems ease prescribing medications electronically. But these systems also have many critics, who contend that they can be difficult to use, cannot share patient information with other systems and are sometimes adding hours to the time physicians spend documenting patient care.
--- End quote ---

And that, ... grouped with the ACA and Medicare SGR is how I made MOST of my money in last 18+ months :) 

RichardP:
And all you needed to know to earn that money was what you learned in billing class, right??  ;)

I forgot to add in my post above that there is a lot of interesting information contained in the comments that follow the article I linked to.

TechieRN:
Richard and Linda
I just wanted to say thanks for the great info you both have posted, I am still reading some of the articles Richard posted and it will take me some time to get through it all.
I am taking Richard's advice and putting out some feelers and requests to some of the MD offices I have done business with in the past, to see if I can work 'work for free" shadowing medical billers then my ultimate goal is to try networking with medical offices I have associations with to try and land at least my first client, then hopefully once I get my first client, I will get a name started for myself.
I am still a bit apprehensive in starting into this Medical Billing business field after hearing about the competitiveness of this business and such but believing there that is still room in this business for me.
Michael

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