Hello I have a few questions about marketing . I work part time outside the field of medical billing so that I can fund my business so when I talk to provider's that ask about preferences but I don't have any because the companies that I worked for in the past everyone has moved on .I will be starting to market in the next month but I'm unsure how to get someone to believe in me and my work I plan on having maybe a 30 day trial but other then that How do I get someone to give me a chance ? How did you sign you first provider . any Idea's ?
Medical Billing Companies, large, medium or small, rarely make any money.Don't believe me?I can only describe public information; this company here claims to have 80,000 clients and has not made a nickel in profit in sixteen years.http://finance.yahoo.com/q/is?s=ATHN+Income+Statement&annual.Another public company symbol MTBC, had gross revenue of 14 million dollars, and they happen to lose 4 million dollars. What a business!Eclinical Works charges 2.9% and includes EHR and PM; three months free trial. With smaller companies, there was a survey by HBMA members, some did make money but not much. Those who did make money, were business savvy people, not billers.Why such difficulty?Doctors count their nickels, they are unwilling to pay even a decent wage for hard working American billers. Most of the work has gone offshore.Marketing is tough, you have to have deep pockets to compete with mega companies who give away EHR, PM and the like for very little money.You think you can compete with them?Think before you plunk down any money that you can ill afford to lose.
Medical Billing Companies, large, medium or small, rarely make any money.Don't believe me?
I can only describe public information; this company here claims to have 80,000 clients and has not made a nickel in profit in sixteen years.http://finance.yahoo.com/q/is?s=ATHN+Income+Statement&annual.Another public company symbol MTBC, had gross revenue of 14 million dollars, and they happen to lose 4 million dollars. What a business!Eclinical Works charges 2.9% and includes EHR and PM; three months free trial. With smaller companies, there was a survey by HBMA members, some did make money but not much. Those who did make money, were business savvy people, not billers.Why such difficulty?Doctors count their nickels, they are unwilling to pay even a decent wage for hard working American billers. Most of the work has gone offshore.
Marketing is tough, you have to have deep pockets to compete with mega companies who give away EHR, PM and the like for very little money.You think you can compete with them?Think before you plunk down any money that you can ill afford to lose.