Resources

This is where we share our stories and insights. We hope that you find it valuable.

What is Medical Billing?

What is Medical Billing?

Medical billing is the process of submitting and following up on claims with health insurance companies to receive payment for services rendered by a healthcare provider or medical billing company (interaction between a health care provider and the insurance company...

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Medical Billing VS Medical Coding

Medical Billing VS Medical Coding

Many people want to start a business in healthcare but are uncertain what field to specialize in. To start a business in medical billing, it is important to be able to distinguish the tasks between medical billing and medical coding. So Let's see here, Medical Billing...

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Powerful Benefits Of Mentoring

Powerful Benefits Of Mentoring

In both business and personal life, we should all be seeking to develop our skills, continually learn new things, and challenge ourselves regularly. Naturally taking a degree of devotion, and life can often get in the way of our self-improvement efforts. Having a...

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In Medical Billing-You Can Be Your Own Boss

In Medical Billing-You Can Be Your Own Boss

The thought of becoming your own boss slithers upon everyone with a regular job from time to time. Perhaps you crave something besides the 9-to-5, something that doesn't involve answering to a higher-up or checking in each time you want to stray from a predetermined...

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Recession-proof Healthcare Business

Recession-proof Healthcare Business

When a recession or an economic slowdown occurs, markets become unstable, leading investors to sell stocks. While some industries are very susceptive to economic changes, other industries perform well regardless of what's happening with the economy. And according to...

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MEDICAL BILLING BUSINESS GUIDE

MEDICAL BILLING BUSINESS GUIDE

Billing a patient for any medical service can get a little complicated. Plus, not all patients can afford to pay the entire bill in full. And then there's the paperwork. With laws like the Health Insurance Portability and Accountability Act of 1996 (HIPAA). Knowing...

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Medical Billing Terms

Medical Billing Terms

Here's a list of some Medical Billing Terms you can easily learn to get yourself familiar with the industry. A Account - Your charges for a medical visit. Account Number - Number your doctor or hospital gives you for a medical visit. Actual Charge - The amount of...

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Understanding your Medical Bill

Understanding your Medical Bill

Medical billing in the United States can seem like a highly convoluted process. According to a 2016 public opinion survey conducted by Copatient, around 72% of American consumers are confused by their medical bills, and 94% of consumers have received a medical bill...

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The Fundamentals of Medical Billing and Coding

The Fundamentals of Medical Billing and Coding

Medical billing and coding are the backbones of the healthcare revenue cycle, ensuring payers and patients reimburse providers for services rendered. Medical billing and coding translate a patient encounter into the languages used for claims submission and...

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Keeping ahead of COVID-19

We are here to help in these uncertain times! The rapidly evolving Coronavirus continues to impact people and businesses around the world. However, the federal government has determined that medical billing companies are essential businesses which means there has never been a better time to get started with MBO. If you are interested in starting your own medical billing company, please call (844) 463-3245.