Starting a Medical Billing Business > Starting Your Own Medical Billing Business
Taking Incoming Patient Calls
PMRNC:
E/O isn't dependent upon the business structure, it's an insurance you might want to reduce liability. MANY don't get it until they have a few clients. You just want to make sure that you are very aware of compliance, fraud, etc. Today you are libel for all claims you submit and you can be prosecuted ALONG with a physician. Know the risks and reduce your services to those that have less liability. I would NOT code unless you have E/O and are a certified coder. Another big liability is credentialing as most don't think of that as high liability because they are not sending claims, however it is a big liability as you are dealing with contracts, fee schedules, etc. Keep your liability low until you can get the E/O.
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