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 […]

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 […]

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 reimbursement. Billing and coding are separate processes, but both are crucial to receiving payment for healthcare services. Medical […]

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 […]

Plan Your Next Business

Plan Your Next Business

A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are: What are the startup and ongoing costs? Who is your target market? How much can you charge customers? What will you name your […]