: 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!
: This class is an independent-study course. Students will have all the resources needed to successfully complete the course within the online material. A student helpdesk is available for technical support during the course enrollment.
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Lesson 1
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
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