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shanbull:
I agree with everyone else, there is no way that $25k package could be worth the money if you ask me. I'm sure there are tons of perks involved but considering how rapidly policy changes come out and how quickly this industry is evolving, you will need to figure out how to learn on your own anyway. You may as well skip the hefty price tag and dig in to gathering as many educational resources as you can find, and sign up for courses individually that you actually see helping you without all the extras you may or may not actually end up needing. It does involve a bit more work upfront to find said courses (aside from the one already mentioned), but it's also going to cost you a lot less, and allow you to back out if you decide it's not for you without having spent all that money. Or you can spend the money saved on other things to help grow your business on your terms as the need arises.

In order to succeed as a small company in this industry, you need to figure out a niche where you can deliver better, faster, more personalized services than the huge companies. No one can teach you where that niche might be, you have to figure it out based on your personal background and the demands and needs where you're located. You'll need to do on-the-ground research to identify it. If it were obvious, someone would have already set up a business catering to it. So while the general nuts and bolts are important, they are not the only thing you need to figure out to set yourself up for success. This is the "X" factor that most people end up not taking into serious consideration, so they end up failing even when they do have the education part taken care of because they didn't have a sufficient competitive edge to begin with. See this thread for more discussion on the importance of finding your niche http://www.medicalbillinglive.com/members/index.php?topic=7591.msg23977#msg23977

ceciliavasquez:
Thanks everyone for all the information, advice, and recommendations.  I greatly appreciate them!

I decided to take courses in medical billing as well as in coding.  It may take me six months or more to get the basics and ongoing education, but I believe it is worth it and I can save some of the $25,000 for other business expenses such as additional training, certifications, equipment, software, and marketing.

Cecilia

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