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 (payor).  Medical centers, hospitals, and private care professionals bill patients for appointments and services. These […]

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 mentor – that is, somebody who can help guide, advise and teach […]

9 Reasons Why You Should Start A Medical Billing Company

9 Reasons Why You Should Start A Medical Billing Company

Are you considering a career change? Are you having a little bit of trouble choosing your first profession? Do you think about a position in medicine, data entry, or administration? If so, you should consider starting your own medical billing company. Here are several reasons you should consider a career in medical billing: 1.High Demand […]

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 process or operational goal. Have you ever wondered how to […]

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 two different reliable sources, as they list down the industries that strive during recessions; Medical Billing […]

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 which documents need to go where can be confusing and challenging. […]

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 that might help guide you.  1. Conduct market research Market research and competitive […]

Generate More Revenue for your Medical Billing Business

Generate More Revenue for your Medical Billing Business

A guide to making more revenue and profit; Build your Medical Billing Business with these tips! There are lots of ways you can generate more revenue if you’re running your medical billing and coding business. Revenue typically comes in three forms: straight cash from payments return on investments growth Successful business owners treat these three […]

Redefine Your Revenue Cycle

Redefine Your Revenue Cycle

“There’s no limit on how much you can earn.”    As you probably already know, a healthy revenue cycle is essential for maintaining your healthcare facility’s financial wellbeing and ensuring that physicians in your organization are appropriately compensated. One way to improve your revenue cycle is to reduce AR days, but a few other things […]

4 Steps to Starting a Medical Billing Business

4 Steps to Starting a Medical Billing Business

Interested in starting a medical billing business? Here’s a list of ‘must-do’s to get your medical billing business running… You need to do several things before making money if you want to start a medical billing business; Use this list to help you understand the various components. We’ve also included some tips on keeping your initial […]