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Starting a Medical Billing Business

medical billing business

Opportunity In The News Challenges Why Electronic Your Market
Medical Billing Business  

Start a Professional Electronic Medical Billing &
Practice Management Consulting Service Now!
The Right Opportunity at the Right Time!

medical billing businessThere are more opportunities now than ever before in the exciting medical billing business. Why? Simply put, because the 60 million plus baby boomers are aging. As they do, they demand excellent health care and they get it. So if you are a part of the huge health care business, you will reap a large part of the money spent by and for this powerful, very large group of people.

There are over 1500 health care plans and that causes doctors and their staffs to be overwhelmed with paperwork. The amount of documentation generated in a single day by an average physician is staggering! To make matters worse, when a doctor has a full time staff, the errors rise. Industry reports state that 37 percent of an average full time staff makes errors that cause payments to be delayed for up to 90 days.

If you could offer doctors reliable electronic medical billing services that would put money in their pockets faster, wouldn’t they love you for it? Of course they would. Physicians need accurate medical billing professionals who will get their cash flow going. They’re more than willing to pay for it too! With a professional electronic medical billing business system, you will be in high demand. You’ll be an independent agent, in business for yourself. You can start your medical billing business from home or a small office. A medical billing from home business has become one of the most rewarding startups.

Why it’s the business for you?
Healthcare providers depend more and more on Independent Contractors to process their medical claims electronically. As an electronic medical billing professional, you get patient transaction information from the healthcare provider and enter it into our state-of-the-art proprietary medical billing software program. You then submit the claims electronically to medical insurance companies for processing and payment. Electronic medical billing dramatically reduces the error rate on claims that are filed and significantly decreases the turnaround time on insurance payments to medical providers. Errors cause cash flow problems for the medical provider. You will eliminate that problem for them. In addition, your service will do away with much of the paperwork generated by a doctor’s practice.

On average, electronic claims take only ten working days to get payment to the doctor. Manually filed claims, on the other hand, often take up to 70 days or more before payment is received. The reason is the inordinate amount of errors generated by manual processing.

So you can see why this is such an exciting and important business! Electronic processing reduces the rejection rate on claims from more than 35% to less than one percent.

Claims processed in the United States escalated from just 5 billion in 1990 to more than 10 billion at the turn of the 21st century and this figure has been steadily increasing.

ELECTRONIC CLAIMS GET PREFERENCE!

Because of errors and costs, Medicare, which sets the trend for medical insurance, says that electronic claims will receive preference over manual claims. Electronic medical billing is an important new industry that has begun a dramatic growth period. And you should be part of it! This is your chance to offer something that is genuinely needed. It is, in fact, simple to get potential clients to see the need for electronic medical billing services.

According to the AMA (American Medical Association), the average number of claims generated per doctor is 440 claims per month. Just imagine what that number can mean to you as an electronic medical billing professional!

HOW YOU GET THE BUSINESS:

You contract with doctors to file their claims electronically using your home office computer. You can  charge doctors on a "per claim" or "percentage of transaction" basis. It is estimated that one person, working full time, can process claims for four to five doctors.

AN EXCITING AND GROWING BUSINESS OPPORTUNITY

The medical billing business opportunity is, without a doubt, the growth industry of the 21st century! And the cost of entry is low compared to most any other business of its stature.

With ClaimTek, the setup fee is low when you see all you’ll get with our packages. You’ll have a business of your own that allows you to be the boss, set your own hours, set your own schedule, and earn as much as you want and need.

ClaimTek provides you with numerous professional learning and marketing tools that help assure your quick success. We provide you with ancillary products to sell that help you every step of the way. We show you how to get the business, how to process the claims and maintain new accounts. What more could you ask for? No other business offers you this much without charging you a huge entry fee! Your first step of starting a small medical billing from home business can quickly grow into a viable large-scale operation.

YOU CAN OFFER ADDITIONAL PROFESSIONAL SERVICES...

Besides its renowned medical billing business opportunity, ClaimTek offers you the opportunity to generate even more revenue for your business by providing several cutting edge and unique services to your doctor clients. In addition to performing medical billing business functions (such as processing claims, generating patient statements, monthly management reports and handling patient well-care services) you can provide advanced services like electronic fund transfer "EFT", third-party collection service, Remote backup service "RBS", and Digital scanning of medical records. You won’t find these services anywhere else! Doctor’s will need you and your services more and more. And they will need you on a continuing basis. Not just one time!

This is an IMPORTANT investment in yourself. You are buying a business. You are buying SECURITY FOR YOUR FUTURE. Start your professional medical billing business with ClaimTek today!
 
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