Start Your Own Medical Claims Billing Service

As insurance regulations and paperwork requirements get more complicated, doctors and other health care providers are turning to third-party billing services to take care of their billing needs. It's a multi-billion dollar industry that's growing like never before, creating a growing niche for entrepreneurs who are experts at tunneling their way through the paper avalanche. In our course, students will receive expert advice and the latest industry information needed. Included in our program is efficient methods of researching the market, calculating costs, finding clients and receiving referrals, dealing with insurance carriers and so much more!

After completing this course, you should be able to:

• List the basics of starting a medical claims billing service
• Recognize ways to target a specific audience and figure finances
• Recall effective ways to operate a business
• Identify processes to retain existing customers and build new ones

Start Your Own Medical Claims Billing Service Module 1
Prescription for Success

Medical Claims Billing Services provide a valued service to healthcare providers. Module one will go over the basics of the billing service to include the organization one must have in order to keep up with the billing demands of doctor’s offices, hospitals, and other healthcare providers. Also included in module one is an overview of the basic types of insurances and how to manage Medicare and Workers’ Compensation. With all of the demands within the billing service, it is easy to lose track of time. Module one will culminate with a look at how to juggle your time and efforts amongst the billing resources.

• Electronic Filing Beats Paper
• Move Over, Miss Moneypenny
• Muddling Through Medicare
• Workers' Compensation
• Time Juggling

Start Your Own Medical Claims Billing Service Module 2
Diagnosing Your Market and Figuring Finances

While examining your potential clients and competition, you should also consider your region’s economic pulse. Module two will help you determine what type of pay you can expect given the region you are working in. Talking too much can destroy your reputation. In this module, we will look at what to do to keep a positive image. We will also discuss communication etiquette and how to control your own destiny in this regard.

• The Economic Pulse
• The Competition
• Loose Lips Sink Ships
• Your Business Gurus
• Romancing the Bank

Start Your Own Medical Claims Billing Service Module 3
Operating Your Business

Everyone understands the importance of hiring the right employee for your business, but knowing what to look for during the interview process is different. Module three will discuss basic considerations you should remember while talking with potential employees so that the perfect team member is added to your company. Making good calculations for your company is key to financial success; short term, actionable goals that can be quantified need to be set. Module three will look at effective ways to run your business.

• Hired Hands
• Insuring Your Gems
• Forward to the Basics
• The Business Opportunity
• Cool and Calculating

Start Your Own Medical Claims Billing Service Module 4
Blowing Your Own Horn and Controlling Finances

In today’s economy, customers and clients can easily transfer their loyalty to other businesses. Module four will look at processes and company decisions that need to be made to capture your clients, and keep them. Using these processes will help retain existing customers who, in turn, can help build your company. Also included in module four is the basics of business taxes and how to prepare for them as you go, instead of being bogged down at tax time. Statistics show that business owners have a wealth of balance between work and personal time. Module four will cover the basics of how to successfully run your company, potentially allowing for a better quality of life.

• Capture That Client
• People Who Need People
• Dud Doctors
• The Tax Man Cometh
• The Quality of Life

Ed4Online has been approved as an Accredited Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, Ed4Online has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of the Accredited Provider status, Ed4Online is authorized to offer IACET CEUs for courses and programs that qualify under the ANSI/IACET Standard.

You will earn 2.4 IACET continuing education credits by completing this Ed4Online course. This course is 24 contact hours which equals 2.4 CEUs based on the IACET standard. The International Association of Continuing Education and Training is the highest quality worldwide standard for Continuing Education Unit.

The Continuing Education Unit (CEU) was created by IACET as a measurement of continuing education. One (1) IACET CEU is equal to ten (10) contact hours of participation in an organized continuing education experience under responsible sponsorship, capable direction, and qualified instruction. Under IACET's care, the IACET CEU has evolved from a quantitative measure to a hallmark of quality training and instruction.

Anyone interested in Medical Billing Business

No prior qualification required

Application of principles learnt in this course