Resources

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

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...

read more
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...

read more
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...

read more
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...

read more
Medical Billing Industry Growth

Medical Billing Industry Growth

The medical billing industry has been steadily growing over the last five years. According to IBIS World, the industry has seen an average of 3.1% growth to $4.3 billion from 2015-2020. While many sources have said that the industry took a minor hit in 2020 due to the...

read more
Starting Up A Business

Starting Up A Business

Building your own business from the ground up is an exciting opportunity, but it can also be challenging. Starting up a business involves planning, making critical financial decisions, and completing a series of legal activities. Scroll down to learn about the steps...

read more
Finances and Your Medical Billing Practices

Finances and Your Medical Billing Practices

The financial success of your practice can't be evaluated through cash flow alone—it's just one of several vital factors. Use this article as your guide to easily digest and better understand how to measure your practice's financial health. You'll learn in this...

read more
Successful Healthcare Revenue Cycle Management

Successful Healthcare Revenue Cycle Management

A successful healthcare revenue cycle management system can help hospitals streamline administrative and clinical tasks.  In simple terms, healthcare organizations must stay in the black and maintain profitability to succeed at healthcare revenue cycle management....

read more
What is Revenue Cycle Management?

What is Revenue Cycle Management?

The performance of a medical practice’s billing operations has a significant impact on financial performance. Determine the ultimate gatekeepers of the billing function – whether an in-house team or a third-party company – is one of your most important decisions. This...

read more

HOW TO START YOUR own6-figure medical billing company in 12 months or less

Free Online Workshop

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.