The major aspect of medical billing that people fail to realize is that you will really have to commit yourself to being productive. This isn't a line of work that pays you exclusively on the time you spend in the office office. Your company will be measuring how productive you are: how many bills can you process per hour. If you can't process an adequate amount of bills per hour/day, you'll be fired.
If you work for yourself, the amount of bills you can process per day is the only thing that matters. So be careful not to take on too many accounts that will jeopardize your productivity. It's a delicate balance of having enough work to make a lot of money and not overloading yourself.
However, if you do decide to open your own shop and take on a lot accounts, you will probably have to do 1 of 2 things:
1. Hire your own staff.
2. Subcontract your work to trusted independent medical bill reviewers.
If you are not comfortable managing people, make sure to take on enough work that you'll be able to complete in a timely manner.
External Resources:
Medical Billing Work Guide
Independent Medical Billing Professionals
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One of the keys to success of this field is getting the right online medical billing training to better prepare them for the job and tasks to be assigned to them. Preparation is still one of the best keys to success.
ReplyDeleteA very informative article and really its a very useful tips on medical billing and coding
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