Those ads you've seen are intriguing: " Provide work at home medical billing services in your spare time ....opportunity to work just a few hours a day and make forty, fifty even sixty thousand dollars a year."
Really?? If it sounds too good to be true, it probably is.
To be fair, it's possible to offer medical billing work at home services in certain situations. For example, the person who already has some experience with medical billing and is available to work and see clients at least a few hours a day Monday through Thursday (some medical providers take Fridays off) might be able to get a few doctors and make some extra money doing medical claims processing at home part time. Or the person who wants to work at home part time who plans to use their earnings more as a supplement to the total household income, and who can convince some doctors to use them, may find it viable. But be aware of these potential stumbling blocks:
David and Amy, two of our partners here at Everything Medical Billing, have run a successful work at home medical billing business for over 21 years have learned a thing or two about billing over the years, and David says that the challenges of providing work at home medical billing services part time are numerous. For example: Let's assume you have a full time job working 9 to 5. First, those hours pose a problem, for the following reasons:
OK, suppose you have the ability to work flexible hours, or nights/weekends, and can free up time from 9 to 5. Another major factor is that it can be extremely difficult to get a doctor to hand over his medical billing to you. Just getting an appointment to make the case why you should be trusted to do their billing is not easy; you will have just a few minutes to convince them that even though you may have no experience in the field as of yet, you can do the job.
Patience and persistence is key: we know of successful medical billing companies that have taken a year or more to get their first client and far more people who have invested in a medical billing opportunity but never got a single doctor.
David has reviewed many books and courses--some good, many bad--and has found a resource that he feels has a great deal of specific, practical and sound advice on starting your own medical billing business. The authors, a mother/daughter team named Alice and Michelle, have run their own successful work at home medical billing business for years, and have compiled their "Medical Billing Business in a Box" series for anyone who is contemplating opening their own business. Click on the picture for much more information:
Don't become one of those people who get the training but never get their business off the ground: get together your best Marketing strategies in order to get that all-important first doctor. Don't know where to start? Fortunately, we do-- see our Marketing section for tips and techniques to not only get in the office door, but convince the doctor that you can do the job.
So is it possible to do work at home medical billing part time? Yes, it's certainly possible, and if you can secure a few doctors as clients, it can be a good choice. But unlike the hyped up claims you may have heard, working at medical billing part time will not yield you loads of money--working part time will bring you a nice supplemental income which you will probably not be able to live on alone.
Even if you are able to commit to building your business full time, the odds of you making huge money from your medical billing opportunity are rather slim. Yes, it is possible to make a good living working full time providing work at home medical billing services, but you need to do your homework. Take your time to really study this medical billing opportunity or any other home business opportunity.
If, though, you are not sure work at home medical billing is for you, we have provided some additional outside resources we think you will find helpful below:
If you are reading this page, chances are you are looking into a number of options to make extra money.
After carefully studying a medical billing opportunity, you may find that it's not for you. But that doesn't mean you can't find a different work at home business opportunity that will be. The problem is finding the right one for YOU. Typically, any business opportunity that mentions the words "Get-Rich-Quick" or "Make $1000 a day without working" or anything else that sounds to good to be true, probably is. But solid opportunities DO exist.
In fact, we were looking for an opportunity ourselves, and that's how we started thinking about creating THIS website, and how Everything Medical Billing.com began. David and Amy learned through much trial and error how to get their business going. They wish they had been able to find a website that spelled out specifics on how to get their business up and running more smoothly--and since they knew there were others like them out there who could use some help and advice, it seemed like a logical move.
Like David and Amy, YOU have specific expertise, too! What are you good at? What do you enjoy? Think of what you are truly passionate about... It might be cooking, crafts, gardening, children, sports, woodworking, saving money or investing, etc... Thanks to the internet, you have the chance to turn almost anything into an additional income stream.
Yes, we know there are many options for you to build your own site, and we considered many of them. And although we are biased toward the one we chose, it was hands down the best choice we could have made to make our site the success that it is. Unlike some sites that just look pretty, this one gives TONS of advice and action steps to drive traffic to your site so people can actually find it--and that's how you will make your money. You can create a site that will not only showcase your expertise, but provide additional income as well: Find out more by following your PASSION.
Specifically for the mom (stay at home Dads can benefit too!) who wants to work from home, we highly recommend the popular WAHM (Work At Home Moms) Masters Course, which is free.
We wish you much success in your search for the best home business for you and your family.
Starting a Medical Billing Business
Work at Home Medical Billing
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