Starting a Medical Billing Business from Home
Thursday, November 10th, 2011
Many working medical billers ponder the idea of eventually becoming their own boss and setting up their own full-service medical reimbursement business to offer medical billing services from their own office. Many such businesses already exist where independent medical billing freelancers and consultants provide their services to medical practices large and small.
Starting a medical billing business from home requires reseach and a clear plan. Some people quit before they even get started, because of the fear of the unknown and not being sure where to begin.
Medical billers who want to start their own medical billing home business should thoroughly research the current market trends in their community to determine whether there is indeed a need for their services and understand their local and state laws. Then, write down your business goals and be clear about them. Here are some areas where to start:
• What are the responsibilities of the client
• Your responsibilities
• Services you will provide
• Local & State regulations
• HIPAA regulations
• Length of the contract
• Termination and early termination of the contract
• Do you need an attorney
• How to determine your fees
• Different methods of charging your providers
• How and when the client will pay you
• What if the client doesn’t pay you
• Pricing plans and fee structures
Their fees are often based on the work load and complexity of the services, rather than quoting flat-fee
standard charges. Needless to say, you must also have complete faith in yourself, your abilities as a medical biller and your desired goals.


