Starting a Medical Billing Business > Starting Your Own Medical Billing Business
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Michelle1965:
I was wondering if anyone just starting out only did claims processing, and patient billing? I am currently working as a full-time employee for a specialists doing all aspects of billing & coding. I am considering just starting off marketing as a claims processor and patient billing to get started, because that is something that I can do in the evenings when I get home from my full-time job. I only want to do that until I can build up enough cash flow to quit my current job, and take on all aspects of billing & coding. Any suggestions would be a big help! ;D
Merry:
How would you do patient statements if you didn't follow up on the claims? Not sure that I understand.
kristin:
I am with Merry...who will do follow-up on denied claims? And who will be doing insurance eligibility/verification?
PMRNC:
If you are going to start a billing company and only do claims only processing, you will have a very very difficult time in marketing. It makes no sense for a provider to hire an outsourced billing company to just process claims anymore.. 15 years ago, maybe.. It's just not cost effective anymore.
Michelle1965:
From all of the comments here, it doesn't look like its going to be easy for someone like me who struggles financially to start off slow while keeping my full-time job with a guaranteed income. I will figure something out though, because I'm a fighter, and I will not give up on my goals.
On another note does anyone of you know what billing companies in Florida charge? Do they charge a flat fee for all of the services they provide or just a percentage of what revenue is collected for the provider? If I could just get 1 practice with maybe 3 doctor's I could probably replace my income that I'm making now at my full-time job and quit.
I really haven't a clue though, so any advice on this would help me make a better decision of the type of game plan I need to come up with.
Thank you! :)
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