: As insurance regulations and paperwork requirements get more complicated, doctors and other health care providers are turning to third-party billing services to take care of their billing needs. It's a multi-billion dollar industry that's growing like never before, creating a growing niche for entrepreneurs who are experts at tunneling their way through the paper avalanche. In our course, students will receive expert advice and the latest industry information needed. Included in our program is efficient methods of researching the market, calculating costs, finding clients and receiving referrals, dealing with insurance carriers and so much more!
: This class is an independent-study course. Students will have all the resources needed to successfully complete the course within the online material. A student helpdesk is available for technical support during the course enrollment.
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Lesson 1
Module 1: Prescription for Success
Introduces the medical claims billing industry and the core organizational systems required to support healthcare providers. Covers electronic billing, insurance types, Medicare and Workers’ Compensation basics, and strategies for managing time and workload efficiently.
Module 2: Diagnosing Your Market & Financial Planning
Focuses on assessing market demand, understanding regional economics, analyzing competition, managing professional communication, building business relationships, and preparing financially, including working with banking and financial advisors.
Module 3: Operating Your Billing Business
Explores day?to?day business operations, including hiring and managing staff, protecting business assets with insurance, setting measurable goals, identifying opportunities, and making sound financial and operational decisions.
Module 4: Marketing, Client Retention & Financial Control
Covers strategies for attracting and retaining clients, building strong professional relationships, managing difficult client situations, preparing for business taxes, and balancing business success with quality of life considerations.
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