Advertisements for medical billing jobs are quite common. You’ll find them online or even in newspaper ads. They also promise good pay, claiming to be one of the ‘fastest growing industries’ in America and elsewhere and capable of earning you thousands of dollars every month.
There are companies who are willing toÂ train you to become a Medical Biller from home, as long as you purchase the Medical Billing software from them ( beware! some of them are scammers).
Afterwards, All you have to do is be willing to work at home and process bills.
So what’s wrong with the picture?
What the job entails
Instead of doing medical billing and claims in-house, many physicians are currently outsourcing their billing to third party medical billers for better medical practice management. Medical billing is actually the process covering a wide range of activities but the primary goal of any small or large medical billing company is the processing of medical bills and submitting of claims to insurance companies in order to receive payments, for services rendered, for their clients in a timely manner.
If you sign up for this job, you will start running a medical billing center. In other words, you will be creating your own home business. You will be working with doctors and medical professionals (who will be your clients), offering to provide them with billing, processing of insurance claims and accounts receivable services from your home.
What the ads don’t tell you is that a huge majority of the companies that offer you this ‘opportunity’ do not have the right contacts with medical professionals. They also do not have experienced sales people to help find you clients. As a result, you’re on your own. You will have to find and establish contacts in order to find clients. If you don’t already have the contacts to begin with, you might find it difficult to get a leg in.
You’ll also have to invest money in order to start working in medical billing jobs at home. Signing up can cost you anywhere from about $1,000 to a high of $8,000. For that much money, you’ll receive the company’s brochure, a contract or licensing agreement, sample diskettes, CDs and/or videocassettes, reference lists, testimonial letters and the promise of technical support and training, which you may never get.
What to do
This field is highly competitive. If you truly want to work at home in medical billing jobs, you might want to get in touch with established firms that offer this service. If you want to take a chance on your own, look for a company that offers legitimate jobs. Do your research, find out if the company has a brick-and-mortar business, ask for many references, interview these people and then make your decision.
Have you tried doing a medical billing job? Care to share your experience?