Medical Billing Business Marketing Ideas
Marketing your new medical billing business needs to be a priority. How will you get that all-important first doctor? And how will you set yourself apart from others like you? You must continually find ways to differentiate your business from your competition. Here you will find additional online medical billing training ideas and resources for marketing your billing business. The paradox of starting a medical billing business is that in order to get a new doctor as a client, you usually need a proven track record--which means you need to already have a doctor as a client who will recommend you. Since that's not the case, your goal is to establish a relationship with the doctor and staff in hopes of getting the opportunity to do their billing--or at least be referred to another doctor they know that might be in need of your medical billing services.
So what can you do to get that first doctor, and thus that first referral?
OFFER YOUR SERVICES FOR FREE
The most dreaded question you will hear as the owner of a new billing
service is "How many doctors do you have"? Getting your first doctor
is very difficult since most doctors are reluctant to risk their
business with an inexperienced billing service.
In most cases you will
need to not only convince the doctor that you will provide better
service then your more experienced competitors, but you may also may need give
your first doctor a financial incentive to take a chance on you.
One
option is for you to significantly reduce you fees for a set period
of time, say six months to a year, with the understanding that when the
contract renews it will be at your regular fee. A second option is to offer to do the doctors billing for free, assuming it is a smaller
practice, for four to six months, again with the agreement that if the
contract renews it will be at your standard fee.
Also keep in mind the
old standbys, like offering to clean up the old accounts receivables or updating
their procedure codes.
BUILD A WEBSITE FOR THE MEDICAL PRACTICE
This is much easier that you think (especially if your using our #1 pick
for
website design).
A web presence is helpful for any medical practice but especially beneficial for specialties such as chiropractors or licensed massage therapists who are constantly trying to dispel misconceptions and educate the public about the unique benefits of their services. Of course, you may pass along the the cost of the website, but possibly offer your labor for free.
WORK FOR ANOTHER MEDICAL BILLING SERVICE AS A SALES REP. Choosing a large billing service may increase your odds of finding one that is willing to hire you knowing you may becomea competitor one day. One reason for this is that the larger the billing company, the larger their clients tend to be and not many large doctor practices are going to dump a big established medical billingcompany for small inexperience billing service. Another side benefit ofteaming up with a big medical billing business is they often do not want to bother with the smaller doctors and may be willing to refer them to you if you decide to open your own business. You may need to offer to work on a commission only basis while you get the much needed experience marketing to doctors. Finding a billing company that utilizes the same medical software that you plan to use would be an added benefit. For additional ideas on "How to Get Your First Doctor" we strongly suggest you consider the following two resources: The first is a book written by a Mother and Daughter team that have run a successful medical billing business for over 15 years. The book is by far the best we have found to date on the subject of marketing your medical billing services. They will share a wealth of additional online medical billing training ideas for marketing your billing business. 12 Marketing Strategies to Grow Your Medical-Billing-BusinessYou have tried the marketing strategies and were fortunate enough to get several appointments, but now what do you do? This second book walks you through your first appointment with the doctor through signing up your doctor.
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