Here is a flexible job that can be started from home. It takes a minimal amount of startup costs and training, and can grow as large as you want it to. There are some details that should be brought out:
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One of the many nifty things about a medical billing service is that its startup costs are comparatively low. You have the advantage of homebased-ability, which cuts office lease expenses down to nothing. You have almost no inventory, which means no outlay of funds for pretty doodads to grace display spaces (you have no display spaces!). Your major financial outlay will go toward office equipment and your software and/or business opportunity--and if you're like many moderns, you already have a computer. The following is a breakdown of everything--from heavy investment pieces to flyweight items--you'll need to get up and running: * Computer system with modem and printer * Fax machine * Software and/or business opportunity fee * Clearinghouse * Reference materials * HCFA 1500 forms * Phone * Voice mail or answering machine * Stationery and office supplies * Postage |
This is very close to what Cherry does at work with the regards of billing numerous insurance companies as well as medicare and medicaid. She should be able to give personal experience concerning the job function individually. The billing she does however is not on the individual basis. She does the billing under a corporate umbrella for two separate facilities housing well over 100 people. I know this seems to be high stress in making sure all of the forms are done properly and on-time. There seems to be a lot of state deadlines for each form or the process will change in how you have to submit it for payment.