Start Your Own Medical Claims Billing Service

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Start Your Own Medical Claims Billing Service

Category: 
Course Hours: 
25
Course Type: 
Instructor Led - 4 Weeks Long
  • Description
  • Objectives
  • Outline
  • Materials
  • System Requirements

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.

  • Electronic Filing Beats Paper
  • Health Insurance 101
  • Muddling Through Medicare
  • Time Juggling
  • Day-to-Day Operations

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
  • Framework of the Medical Billing Business
  • Figuring Your Finances
  • Operating Expenses

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 can be difficult. 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.

  • The Home Office
  • Employees and Insurance
  • Equipping Your Business
  • 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
  • Public Relations
  • Controlling Your Finances
  • Taxes
  • Operating Successfully

Ed4Career is committed to being both environmentally conscious and making it easier for you to study! We’re making your education mobile! All of our textbooks are now provided as eTextbooks. You can access them on your laptop, tablet, or mobile device and can study anytime, anywhere.

The move away from physical books to eTextbooks means you get the latest, most up-to-date version available. This also makes your training more accessible, so you can study anywhere you have your phone or tablet. The best part is that all materials are included in your training cost so there are NO extra fees for books!

Internet Connection

  • Broadband or High-Speed - DSL, Cable, and Wireless Connections

*Dial-Up internet connections will result in a diminished online experience. Classroom pages may load slowly and viewing large audio and video files may not be possible.

Hardware Requirements

  • Processor - 2GHz Processor or Higher
  • Memory - 1 GB RAM Minimum Recommended

 

PC Software Requirements

  • Operating Systems - Windows 7 or higher
  • Microsoft Office 2013 or higher. Also, you could use a general Word Processing application to save and open Microsoft Office formats (.doc, .docx, .xls, .xlsx, .ppt, .pptx)
  • Internet Browsers - Google Chrome is highly recommended
    • Cookies MUST be enabled
    • Pop-ups MUST be allowed (Pop-up Blocker disabled)
  • The Kindle Reader App or VitalSource Bookshelf App are needed for many of our courses (No special equipment needed. This can be downloaded for FREE onto your computer.)
  • PowerPoint Viewer (if you do not have PowerPoint)
  • Adobe PDF Reader
  • QuickTime, Windows Media Player &/or Real Player

 

MAC Software Requirements

  • Operating Systems - Mac OS x 10 or higher with Windows
  • Mac office programs or a Word Processing application to save and open Microsoft Office formats (.doc, .docx, .xls, .xlsx, .ppt, .pptx)
  • Internet Browsers- Google Chrome is highly recommended
    • Cookies MUST be enabled
    • Pop-ups MUST be allowed (Pop-up Blocker disabled)
  • The Kindle Reader App or VitalSource Bookshelf App are needed for many of our courses (No special equipment needed. This can be downloaded for FREE onto your computer.)
  • PowerPoint Viewer (if you do not have PowerPoint)
  • Adobe PDF Reader
  • Apple QuickTime Media Player

 


Click on the school name below for purchasing info:

1400 Robinwood Drive
Hagerstown, MD 21742
United States
Phone: 240-500-2553

This course is also available at the following school:

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