Home Based Medical Billing Advice, Tips, Tricks and Secrets

The topic of starting a home based medical billing business usually brings up two questions:

In 2011 is it possible to start a home based medical billing business?and

Is starting a home based medical billing business a viable option for someone looking to earn a living from home?

Starting a home based medical billing business on a part time basis as you continue to work on a full time basis is not going to work because you will need to dedicate a lot more time than you probably spend doing your actual job.

If you are new to medical billing as a home based business you should read the informative and inexpensive book entitled The Medical Billing Home Business Bible. The authors is a 10+ year medical billing, coding and transcription business owner and mentor. The book walks you through the process of how to set up your business step by step as well as share the challenges all home based medical billing business owners go through such as marketing their businesses and the correct way to go about signing up your first client.

In order to start a home based medical billing business you will need to get thoroughly trained without wasting your small start up budget. There are a lot of ways to learn medical billing, from attending a medical billing school to taking medical billing classes online.

Next is your choice of software to run your business and there are literally hundreds to choose from and they vary greatly in price from $500 - $15K so you must do the necessary research to pick one that best meets your needs and is able to grow with your business as time goes on.

Marketing your home based medical billing business to doctors is the next step and it is very challenging even for the most seasoned salesperson. The doctors and physicians you'll be marketing your services to receives a high number of incoming sales calls from different types of medical support companies so the staff have become know as the best gate keepers you'll ever bump into.

Then you have to think about how to word an effective and functional medical billing contract so that you protect yourself and the business you are working so hard to bring to fruition.

You also have to research, price and pick a medical billing clearinghouse that will work symbiotically with the software that you have chosen to use for your home based medical billing business.

To successfully start your home based medical billing career you need to get the proper guidance from someone that's done it themselves. Only they will be experienced enough to take you by the hand and show you exactly how it's done so you don't make the mistakes they made when they were where you're at right now so click the link below:

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Medical Transcription Certification

Medical Transcription Certification is a process by which it is determined that a candidate with the skills needed to fulfill job expectations is really capable of doing the job as part of the “health care team” in patient services.
AAMT provides CMT certification. You can read all about it at that site. http://www.ahdionline.org. Meditec is a long-time supporter of the need for standardization in the industry. Rules relating to how much latitude an MT has to fix things that are incorrect, use appropriate and clearly understood abbreviations, flag questionable information are all important in the MT responsibility standards.
The Association for Healthcare Documentation Integrity (AHDI), formerly the American Association for Medical Transcription, is the world’s largest professional society representing the clinical documentation sector whose purpose is to set and uphold standards for education and practice in the field of health data capture and documentation that ensure the highest level of accuracy, privacy, and security for the U.S. healthcare system in order to protect public health, increase patient safety, and improve quality of care for healthcare consumers. AHDI works to advocate for workforce development and credentialing in allied health and the critical role of the technology-enabled documentation knowledge worker in the electronic health record (EHR).

Medical Transcription Certification

Medical transcription involves a highly interpretive ability with language including grammar since the medical transcriptionist essentially work with providers (dictators) and ultimately set up the true patient medical record. The record obviously must be created to provide the most accurate reflection of a patient care process. MTs must know an awful lot about medicine, including the complicated and huge medical language itself, plus diagnostic medicine, anatomy and physiology, clinical medicine, operative terminology, lab and x0ray, pharmacology, the whole spectrum of medical knowledge from the diagnostic standpoint to every treatment protocol.
Medical transcriptionists require significant training to master the skills required to do the work. The medical information delivered to the chart via the transcriptionist has a huge role in the issues of quality care. The legal ramifications for incorrect transcription are significant. That means that the individuals who bring their talent to the job of MT must be well trained. The MT must be sufficiently skills to identify errors or inconsistencies in the provider dictation process and bring them to the attention of the provider. This is a serious “guardian” responsibility for the MT. Providers (and reviewers) rely on MTs to interpret and record as accurately as possible the dictated medical record.
The only way to ensure that an industry candidate may be entrusted with that very significant role as a member of the health care team is to provide benchmarks and standardization processes for knowledge, testing and certification. AHDI is the foremost organization dedicated to that process.

Reference: http://www.meditec.com/
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