The industry of medical billing from home is an ever-growing field and there are several companies in operation that are spending hundreds of dollars in advertising online, in your newspaper and even your local PennySavers to take advantage of those that have not done their research to educate themselves on how to start a business from home. These scamming companies know this and they will use any means necessary to take advantage of this.
These companies know how to “walk the walk” to get you to trust what they say and sign over your entire investment. They make it easy to be contacted; they have sales reps that tell you for under $500 they are able to supply you with everything you may need to start your business and you will easily be able to make $40,000-$60,000 a year without ever needed to get out of your pajamas.
There are no at home medical billing companies that are able to furnish all you need for your business under $500. Generally, common sense would make many people suspicious of these scams but some people only see dollar signs instead the underlying lies. The good rule to remember is if it’s too good to be true, it probably is. So now that you have some knowledge about the scam companies hiding in the shadows, it is time to look at some tips on how to know what to look for and how to avoid them.
You may have seen these advertisements stating that you can earn Start Today! You can ‘x’ amount processing medical claims from home. No experience needed! Call 1-800-###-### for more information. These are the ads to avoid.
These ads are generally only seen on the internet and can as of late be found in many magazines that are geared towards financial and entrepreneur magazines. Many of these vendors will ask that you purchase training, medical billing software, materials for marketing and even list of doctors looking for a medical billing and coding specialist. Your best plan of action for dealing with these types of scammers is to research the company and see if they are in fact a scam. Even if you do purchase the software and the equipment you may tell them that you do not want a client list, yet the scammer will say that you will have to purchase one so that they can ensure you will complete the list.
Medical Billing and Coding At-Home Resellers
These companies or individuals offer medical “software” that have a basic design and that is unable to work for your business once it starts to grow. So you call them to find out how to get more features to support your business and the only solution is to spend even more money to upgrade your current software. Unfortunately these cheap billing programs pop up all over the web on personal websites and some can even be found on top name websites like Ebay.
Software Companies that Claim to be Clearinghouses
Some of these companies will claim that they offer clearinghouse services at a discounted cost since you recently brought billing and coding software from them. Ok sounds great! Yet you have to agree to enter and submit your claims ONLY through their clearinghouse. A main problem with these types of scams is that once you have given them your money throughout the course of this long and drawn out process you will end up paying even more to get your business on the right track.
Researching Medical Billing Companies
Research will become your best friend when you are trying to discover the validity of a company. The best place to start your research is through the Better Business Bureau. You will be able to find out what type of rating they have, if they have any open complaints, even take a look at their closed complaints to see what the issues people have had with them.
Visit Medical Billing at Home Forums
There are forums that cater to those that work from home. These forums will allow you to meet with other work at home medical billers and coder from around world. This will give you some knowledge to others that may share in the same fears that you have about starting a business. You can even as important questions of those that have been working in this field for a number of years.