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How To Start a Medical Claims Billing Service

Your prescription for a healthy income!


   
Medical practices are buried under paperwork. Make money digging them out with Entrepreneur Magazine's start-up guide. Medicare, Medicaid, insurance forms - they're just some of the daily avalanche of paperwork medical practices face. Get this guide to learn how a medical claims service can generate handsome profits for you. All you need is a computer, internet access, printer, some billing software and this essential guide, and you're in business.

As a medical claims biller, you can earn a good income managing claims for doctors and other health-care specialists. There's no special training or experience needed, and start-up costs are minimal.

What can you expect to make as a medical insurance biller? The sky’s the limit, depending only on how serious you are and how willing you are to expand. Annual gross revenues for the industry range from $20,000 to $100,000. Some MIBs (that’s medical insurance billers, not “Men in Black”) are happy working part time at home, bringing in enough to supplement the family income. Others have launched thriving, full-time businesses that employ dozens of assistants.

Kim H., a medical biller in rural Virginia, runs her business in conjunction with a full-time career as a high school teacher. “Keep in mind,” she says with a soft twang, “that I’m doing this part time, and with our area here being very small and economically disadvantaged, I had to set my limits.” Still, she says, the part-time one-woman income she’s pulling in is nothing to sneeze at.

Mary V., the former customer service engineer, translated the people skills she’d learned working for IBM—as well as her knowledge of computers—into the medical billing business she started in 1993. “Basically, as a customer engineer,” she says in a lively but no-nonsense tone, “all you did was problem-solve. And that’s what this business is—problem-solving.

     

Here's just a sample of what you'll find inside each exciting start-up guide including How To Start a Medical Claims Billing Service:
    

> Business Plans
> Market Location
> Legal Requirements
> Facilities
> Personnel
> Record-Keeping & Taxes
> Accounting & Start-Up Costs
> Advertising & Promotions
> Government Help
> Business Banks
> Equipment & Inventory
> Financing
> Operations

    

[ Discover more about starting a medical claims billing service today ]

 



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