Business Opportunities Weblog

Networking Can Help Medical Billers

By on May 10, 2006 in Ideas

Wall Street Journal:

Small start-up medical-billing services like yours often have trouble getting doctors to take them seriously, and here’s why: Health-care billing, as you know, is an extremely complex task with government regulations and compliance rules that constantly change. Even small billing errors can lead to health-care providers being underpaid, or government audits and hefty fines — things most doctors aren’t willing to risk.

It doesn’t help that work-at-home schemes involving medical-billing training courses have surfaced in recent years, brushing a bad reputation on the industry.

So health-care providers looking to outsource their billing often gravitate toward more-established services referred to them by others. About a third of all physicians use an outside-billing service, says Brad Lund, executive director of the Healthcare Billing and Management Association, a trade group.

The uphill battle is proving your service is reliable and that you stay abreast of the ever-mounting regulations and compliance rules.

entrepreneurial lifestyle networking

Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.

Another Idea: How to Start a Medical Billing Business

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