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:
source
Friday, June 3, 2011
Medical Transcription Certification
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).
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| Medical Transcription Certification |
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/
http://www.1automationwiz.com
What is Medical Coding
Medical Coding is all about determining what services are provided and what the charge for the service is hooked to the service. Every healthcare provider that delivers a service receives money for these services by filing a claim with the patient's health insurance provider or managed care organization. This is also referred to as an encounter. An encounter is defined as "a face-to-face contact between a health care professional and an eligible beneficiary."
Codes exist for all types of encounters, services, tests, treatments, and procedures provided in a medical office, clinic, or hospital. Even patient complaints such as headache, upset stomach, etc., have codes which consist of a set of numbers and combinations of sets of numbers. The combination of these codes tells the payer (health insurance companies or government entities) what was wrong with the patient and what services were performed. This makes it easier to handle these claims and to identify the provider on a predetermined basis. In addition, the services rendered (CPT) codes have to match the diagnosis (ICD) codes to justify medical necessity.
To do this correctly for each third party payer choices have to be made from a combination of 3 coding systems totaling over 10000 codes, and which change annually. In addition, a completely new coding system, ICD-10, is proposed for reimbursement purposes in the near future.
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| Medical Coding |
To do this correctly for each third party payer choices have to be made from a combination of 3 coding systems totaling over 10000 codes, and which change annually. In addition, a completely new coding system, ICD-10, is proposed for reimbursement purposes in the near future.
medical billing training
Why earn your nationally recognized CMBP (Certified Medical Billing Professional) designation? No other Medical Billing Course or designation available can prepare you for a career in Medical Billing or Medical Billing Business Ownership like we can. Why? Because your instruction comes from Medical Billing Professionals and Business Owners. Other courses hire staff, train them on the material and send them off to
instruct you! Not us.
We not only teach you medical billing, we provide you with actual hands on experience by having you use what you have learned and apply it in a fully functional medical billing software. You will be entering patient data, posting charges and payments, running reports and creating CMS 1500 forms. No other course provides this level of instruction.
Our students love our course because they actually apply what they learn, allowing the student to understand and retain the material. This method of training provides the student with the confidence they need to be successful in this field.
read more medical billing training
"Chapter 7 taught me a lot. It glued all the information together from Chapters 1-6. There's no better way learning medical billing other than hands-on training. I now have a better and clearer understanding of entering data, generating claims, posting payments & running reports!"
-Romika Perez
Medical Billing Course Student
instruct you! Not us.We not only teach you medical billing, we provide you with actual hands on experience by having you use what you have learned and apply it in a fully functional medical billing software. You will be entering patient data, posting charges and payments, running reports and creating CMS 1500 forms. No other course provides this level of instruction.
Our students love our course because they actually apply what they learn, allowing the student to understand and retain the material. This method of training provides the student with the confidence they need to be successful in this field.
read more medical billing training
"Chapter 7 taught me a lot. It glued all the information together from Chapters 1-6. There's no better way learning medical billing other than hands-on training. I now have a better and clearer understanding of entering data, generating claims, posting payments & running reports!"
-Romika Perez
Medical Billing Course Student
Thursday, June 2, 2011
medical billing school
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| medical billing school |
Medical Billing Resources
Medical billing and coding is a popular healthcare field for medical professionals who prefer not to work in patient care. The field is highly analytical, numbers-oriented and relatively stress-free.
Training in medical billing and coding is fast and highly focused, usually being completed in 12 to 24 months. Programs range from certificates and diplomas for those who already hold a degree, to associate's degrees and even full-length bachelor's degrees. More advanced degrees typically involve some kind of specialty, such as cancer registry or biological science. Programs typically end in a medical billing internship or externship, where medical billing students practice their trade in a professional setting. A list of recommended programs is available here.
Medical billing schools provide real-world medical skills and knowledge that graduates can apply directly to the work world. Common subjects taught in a medical billing class can include:
source: http://www.medicalbillingschool.org/education
Training in medical billing and coding is fast and highly focused, usually being completed in 12 to 24 months. Programs range from certificates and diplomas for those who already hold a degree, to associate's degrees and even full-length bachelor's degrees. More advanced degrees typically involve some kind of specialty, such as cancer registry or biological science. Programs typically end in a medical billing internship or externship, where medical billing students practice their trade in a professional setting. A list of recommended programs is available here.
Medical billing schools provide real-world medical skills and knowledge that graduates can apply directly to the work world. Common subjects taught in a medical billing class can include:
- Medical Terminology
- Anatomy
- Physiology
- Types of Health Insurance
- Data Coding
- Data Abstraction
- Computer Science
source: http://www.medicalbillingschool.org/education
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