Would you like to work in medical billing jobs from home? With the right credentials, a little bit of training, and a lot of networking with potential clients, you can join the growing number of professionals who are choosing to work from the comfort of their own homes. In addition to the many benefits offered by being self-employed, the median medical coding and billing salary for a work-at-home professional is significantly higher than average. It should be noted, however, that doing medical billing from home does present some unique challenges.
In this article, we’ll provide a basic strategy for establishing a legitimate billing business on your own. Be forewarned, however, that the approach necessary to start a true home medical billing business requires a lot of time, work and commitment.
Do Legitimate Medical Billing Jobs From Home Really Exist?
Before diving into our strategy for starting a home-based business, we should first address the perception that all medical billing jobs from home are scams or somehow illegitimate. While it is true that some sites on the internet are promoting questionable training packages that make unrealistic claims about how easy it is to start your own business, there are many people out there running their own legitimate ventures.
If you are truly interested in pursuing a career in this field, and doing it from home, don’t be discouraged by the naysayers. It can be done.
Starting a Business From Home
Step One – Get Certified
Contrary to what some may tell you, starting a sustainable, legitimate business will require you to earn a medical billing and coding certification. Being able to present your professional credentials as a Certified Professional Biller (CPB) or any other type of certified professional will go a long way toward establishing your credibility in the eyes of potential clients – particularly if you don’t have a lot of previous work experience to show them on your resume.
Getting certified can take anywhere between nine and 15 months, and can be accomplished through medical billing and coding courses from either a conventional school, or through those offered by online medical billing schools. Make certain that any program you choose to enroll in is certified by the AHIMA or AAPC, and you’ll be able to rest assured that you’re getting a certification that is recognized throughout the medical community.
Step Two – Have a Plan
Although this may sound obvious, it is crucial that you have a well-thought-out plan for your business before diving in. Doing this involves not only figuring out how you will finance your daily operations, but also answering some basic questions about your business:
- What will make your service different from the competition?
- How will you attract clients?
- What will you do to retain clients?
Surprisingly, not thinking through these basics is one of the leading reasons why many work from home medical billing and coding ventures fail. As the saying goes, “failing to prepare, is preparing to fail”.
Step Three – Get Some Experience
Trying to do medical billing jobs from home without any prior experience in the field is a good way to become quickly overwhelmed and discouraged. Assuming that you are willing to follow Step One to this strategy and get certified, use that time get an internship or other entry-level health care position. By immersing yourself in a medical setting, you’ll pick up the terminology and concepts required to succeed in billing and coding faster, and have a great opportunity to start working on Step Four.
Step Four – Network, Network, Network
Regardless of whether or not you plan to use some form of advertising to eventually attract clients, you’d be wise to also do a fair amount of networking with professionals who already work in the health care industry. By getting to know as many doctors, nurses and other professionals as possible, you’ll create future references and potential allies who can help you land accounts with different providers. Using social media and professional networking sites such as LinkedIn can really help you get to know more people in your field of interest.
Step Five – Make it Happen!
Once you’ve earned your certification, assembled your business plan, acquired some experience and generated a list of potential clients, you’ll have to take the toughest step of all – launching your business. Start out small – get that first client – and build from there. Just remember, Rome wasn’t built in a day and neither were the established businesses of those doing medical billing jobs from home.
Don’t be afraid to experiment and change things as circumstances dictate either. Your initial business plan may require tweaking. If you stay focused and persevere however, there is no reason why you won’t eventually succeed.
Are Medical Billing Jobs From Home in Your Future?
The strategy outlined above aside, one can’t discount the importance of an individual’s personal traits to whether or not his or her business succeeds. If you’re a person who is good with memorization, likes to meticulously analyze things, has great attention to detail, and is also a decent salesperson, then starting a home business in medical billing may be right for you.
Making medical billing jobs from home your full-time career can be rewarding in a wide variety of ways, but it does take a certain type of person to become successful.MBCC Admin