Medical
Billing from Home:
Is It a Scam, Is It Hot or Not?
by Paul G. Hackett
Well, that
seems to depend upon whom you ask! If you ask the Federal
Trade Commission and ABC - World News Tonight (who did a
story on an individual that wanted to do medical billing
from home and was scammed out of their money by one of the
unscrupulous medical billing opportunity vendors) say that
medical billing is the biggest scam ever and it isn't a
viable home based business.
If you ask
those that have gotten scammed at least one or more times
it becomes a split decision. Some of those scammed continued
to plug away at fulfilling their dreams and today have thriving
businesses in this field. The remaining folks that got stung
and just gave up are understandably bitter and angry at
those that stung them but they are taking out their frustrations
on the home based medical billing industry instead of on
the companies that took their money in the first place.
Those are the individuals that the FTC, WABC and the other
agencies are basing their conclusions on. So, wouldn't you
agree that the basis of the conclusion is a bit one sided
since they (FTC & WABC) never interview those that are
successful in a medical billing business from home?
What
do the thousands of medical billing business owners (like
myself) that are a vital part of
a physicians' day-to-day operation have to say?
OF COURSE
MEDICAL BILLING IS A VIABLE BUSINESS, we wouldnıt be able
to be in business if it weren't. Nothing that the FTC, WABC
or any disgruntled medical biller wannabe has to say about
it will change that. As a matter of fact, the FTC used a
medical billing business owner in April 2002 to help them
identify and bring down 5 medical billing vendors that were
scamming good intentioned people out of their money. So even
if they (FTC) won't admit it, even they know our business
is for real and how big it has become in the past 5 years.
When WABC was looking for an individual that was scammed
who did they call to help them in their search? Thatıs Right,
a medical billing business owner!
Should
you, the stay at home mom, dad, disabled, elderly or unemployed
get into this field?
My answer
is yes but only if you are prepared mentally, physically,
emotionally and financially to see it through to the end
because it's not a get rich quick program like itıs advertised
to be in newspapers and other printed media. This is not
to say that there arenıt people that fail at this business
but we all know that starting a business in any field is
a risk. The biggest reason that people fail at this business
is because the individual did not do the necessary research
in the beginning about this industry before jumping in with
both feet and nostrils wide open. So in essence they set
themselves up for failure and left themselves
wide open to getting scammed!
Research
allows an individual to asses whether or not this field
is right for them, would alert them as to which companies
to be leery of and where they should go to network with
others that are already successful in the field as their
basis of a support channel. If individuals would take these
steps in the beginning then they would not be candidates
to be scammed, they would build the firm foundation that
every successful company need to become successful, they
would prosper greatly financially in the medical billing
industry, there would be a dramatic decline in the amount
of claims filed with the FTC, the companies that are trying
to scam people would suffer greatly and hopefully go out
of business.
Medical
Billing From Home Is Hot
As long
as there are physicians that are not getting fully reimbursed,
spending thousands on employees, whose overhead continues
to sky-rocket yearly, is having problems recovering their
payments from patients or are just starting out and need
help setting-up their practices there will always be a need
for an at home medical billing business owner. It's been
that way for years and will continue to be a viable and
lucrative field for those that are really interested in
this industry, educated about what it takes to be in this
field, and are skilled enough to get the job done in a timely
and professional fashion. So before you get started, EDUCATE
YOURSELF and you to will be able to reap the rewards of
owning a medical/dental billing business from the comforts
of your home.
Paul G. Hackett is the President of Stelo Medical Management,
Inc. and is dedicated to assisting those interested in the
proper ways of getting started, setting up and operating
a successful medical billing company from home. His book, "Medical Billing Beginners Book" is the beginner's
first line of defense from the scams and misguided advice
you find online and off line. You can contact him at stelopm@aol.com
for more information. Click
here for more information.
Top
Recommended Medical Billing Resources
2.
Medical billing beginners book.
Paul runs a successful, legitimate medical billing business.
He shows how to avoid medical billing scams and educates
people about the who, what, where and why of this profitable
industry. He shows step-by-step how to start
a successful medical billing business from home.
This is the only medical billing book I recommend!
You must read this before buying software or other products
about medical billing. Click
here for more information.
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To
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Book below. Click
here.
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