Online Medical Billing Training Courses; How Do You Choose The Right One?
If you don't know that's OK! Most beginners to the home based medical billing industry don't either but this website was created to give you the most up-to-date expert advice that the sellers of online medical billing training courses won't tell you! Why Should You Follow My Advice?That's a fair question and I would be rather shocked if you didn't want
to know. Please understand that the following answer to your question is not an attempt to satisfy my own ego but rather to show you that I am not some "QUACK" that just dispenses
unfounded theories or hype. My name is Paul Hackett and both my business clients and customers have dubbed me "The Medical Billing Mastermind".
I am the president of a successful home based medical billing and transcription business (Stelo Medical Management,
Inc.), a medical consultation business (Stelo Enterprises, Ltd.) and the author of the internets #1 home based medical billing business startup guide entitled "Medical Billing Book For Home Based Beginners".
I've been in the home based medical billing business
for almost a decade, built all my businesses from scratch, have helped hundreds of medical
billing beginners start their own home based medical billing businesses and I am the one that most veterans in the industry contact when they need answers.
I have earned my trust within this industry by only giving useful and truthful information about this field.
Now that you know who I am and what I represent lets get down to business!
Once you
have decided that starting a home based medical billing business is what you really want to do as your new career then your best bet is to take an online medical billing training course that will give you a great education, a certificate of completion, is convenient for
you take and is reasonable in price.
If you do a search for medical billing training courses I am sure you will find at least 200,000 results. Now that's overwhelming (especially if you are new to the industry) and that is reason number one why most people end up choosing the wrong type of course.
Before we discuss all the aspects that you
should consider before you enroll in a medical billing training course it is first best to
get an idea of how medical billing training courses differ from one school to another. To complete this task I will need you to request information from at least one or two accredited online schools (I will give you a link in a minute) so you will better understand why I say what I do on this webpage.
DO NOT SKIP THIS STEP:
Reason number two as to why 87% of beginners to homebased medical billing choose the wrong
course is because they fail to follow the instructions and experiences of people that know
what they are talking about.
Not to mention, statistics prove that every time you research medical billing training courses online you will become so overloaded with information that the odds of you picking the right one decreases by 15%. I Beg You Not To Do Yourself A Grave Disservice By Skiping The Following Steps!
Ok, first I’m going to tell you what you will need to do after pressing the link and then I will give you the link. Ready?
You will be presented with a search box with 3 options (we will only use 2 of them)
1) At circle #1 choose “HEALTHCARE” from the dropdown box. A second dropdown box will appear and you should choose “MEDICAL BILLING and CODING”
2) Skip circle #2 and press search
3) You will be presented with different schools from around the country that offer online medical billing training courses. To the right of the schools you will see links that say "Request Info" so click on only one or two of them, fill out the next screen and detailed information about the training course curriculum, costs and school will be emailed to you.
Here is the link:
Health & Medicine Degrees
Now, while you wait for the email to arrive let’s jump directly into…
Medical Billing Training Courses SHOULD NOT's.1) Medical Billing Training Courses shouldn't be taught by anyone other than experienced medical billers or a successful home based medical billing business owner.
2) Medical Billing Training Courses shouldn't be given by an EC (Educational Clearinghouses are schools or learning institutions that don't specialize in any one particular profession but instead teaches everything under the sun from accounting to zoology). The BIGGEST problem with EC's is that you are not taught the in-depth and focused
education that you need to be professional and efficient in this industry.
3) Medical Billing Training Courses shouldn't take you 2 years to complete (If you are also studying to be a nationally certified medical coder as well it can come close to that depending on the school).
4) Medical Billing Training Courses shouldn't be really short in length (1 day to 2 weeks. What will you really learn in that amount of time
? NOTHING!)
5) Medical Billing Training Courses shouldn't be overly expensive
(learning to be a home based medical biller is not rocket science so a medical billing training course shouldn't be more than $700. If you are going to take courses at a local college, specialized medical billing/coding trade school or a vocational school then the price tag will be more. If your training course includes classes on becoming a certified medical coder the cost will also be more substantial).
6) Medical Billing Training Courses shouldn't promise any "Certification" (only certain organizations can award you with certification, you will have to pass a very lengthy exam (1-3 hours) to earn
the designation and you will have to earn additional CEU's (Continuing Education Units) throughout the year, every year in order to keep the designation).
7) Medical Billing Training Courses shouldn't push you to learn the material at their pace (everyone learns differently so attaching unrealistic time limitations to a course is detrimental to the learning process).
8) Medical Billing Training Courses shouldn't give you only one payment option (everyone's financial situation is different and a good course will be flexible enough to accommodate each students circumstances).
9) Medical Billing Training Courses shouldn't restrict you from speaking with other students and alumni that have taken their course (referrals is the best way for potential students to research the outcome of the course and it should be a schools pleasure to supply you with at least ten referrals and more if you ask).
Medical Billing Training Courses
SHOULD BE's.Now that you are aware of what medical billing training courses shouldn't be like this is what well-rounded medical billing courses consist of:
1) Introduction To Medical Billing
2) Medical Office Procedures
3) Documentation
4) Code Usage
5) Billing and Reimbursement (including electronic submission)
6) Software Usage
7) Operating Procedures Of A Medical Billing Business
8) Effective Marketing Practices Of A Medical Billing Business
Anything more than the above is overkill, which will lead to information overload (a sure way to hinder your motivation and make you feel like quitting)
. Anything less than that and you will not know enough about the business for you to pursue it professionally. Most beginners don't know these medical billing training course facts and usually have to spend more money taking additional medical billing courses to get
them to where they need to be (what a waste of money, time and energy). So...
Medical Billing Training Courses; My #1 2008
Pick?When I wrote my book I didn't specifically endorse any software vendors, clearinghouses, medical billing training courses or medical billing opportunity vendors. Instead I listed all the reputable firms and vendors that have very strong histories of supporting the home based medical billing industry so that my readers wouldn't get scammed when trying to choose a company to work with.
However, hundreds of people have emailed me requesting that I give them a clear recommendation as to which medical billing training course to choose because they were still overwhelmed even though I only suggested a handful of companies to research. So I set out on a personal quest to find one online medical billing training course that I could confidently endorse to make things a lot easier for them.
So using the criteria I mentioned in the "Medical Billing Training Courses Should Be's"
section to base my conclusion on I got referrals from students (on all levels of the training course), spoke to course alumni, spoke to the owners of the company and then finally took into consideration the price! As of January 2008, out of 30 online medical billing training courses that I have reviewed I am professionally endorsing the following one and here's why:
1) This Medical Billing Training Course Is Comprehensive Without Going Overboard. Here is the programs outline:
Chapter 1: Introduction to Medical Billing
- About Medical Billing
- The Basics Overview
- Gathering & Entering Data
- Paper Claims Processing
- Electronic Claims Processing
- Posting Payments
- Generating
- Reports
- Billing Your Clients
- Chapter 1 Examination
Chapter 2: Understanding Office Forms
- Essential Office Forms
- Patient Demographic Form and Completion
- Insurance Cards
- Insurance Verification Form and Verification Procedures
- Superbills
- Daysheet
- Chapter 2 Examination
Chapter 3: Understanding the HCFA 1500
- The Basics of the HCFA 1500 Form
- Step-By-Step Instructions for Completing a HCFA 1500
- Online
HCFA Form Completion Exercises
- Commonly Made Errors
- Chapter 3 Examination
Chapter 4: Understanding Codes
CPT (Current Procedural Technology) Coding
- Definition
- Proper Usage
- Resource & Reference Material
ICD (International Classification of Disease) Coding
- Definition
- Proper Usage
- Resource & Reference Material
- Chapter 4 Examination
Chapter 5: Understanding the Life Cycle of an Insurance Claim
- The Collection of Claim Data
- Claim Information Data Entry
- Claim Submission (Paper Claims, Electronic Claims, Secondary Claims, Claims Attachments)
- Posting Payments (Full Payment, Partial Payment,
Deductible)
- Chapter 5 Examination
Chapter 6: Working with Practice Management Software
- Clinic Data
- Physician Data
- Patient Data (Demographics Information, Insurance Information, Procedure Information, Diagnosis Information)
- Claim Generation
- Report Generation
- Chapter 6 Examination
Chapter 7: Practical Experience Using Your Practice Management Software
In this chapter you'll get all the hands-on experience you can handle. You will be actually entering data, generating claims, posting payments, running reports, etc. because that's what you'll go through during the "daily operations" of your medical billing business.
***You will be supplied with everything you need to complete this part of the training program (For Free) such as: Top-notch medical billing software, a software training workbook, a mock data manual for data entry purposes and a supply of HCFA 1500 forms***.
- Chapter 7 Examination
Chapter 8: Operating a Medical Billing Business
- Naming Your Business
- Setting Up Your Business
- Office Equipment & Essentials
- Services You Can Provide
- Relationship Selling
- Steps to Creating a Business Plan
- Steps to Writing a Proposal
- Chapter 8 Examination
Chapter 9: Marketing Your Medical Billing Business
- Promoting Your Business
- The Benefits of Selling Benefits
- Targeting Specialties
- Your Market
- Revenue Enhancement
- Sample Documents (Brochures, Flyers, Post-cards, Letters, Contracts, etc...)
2) Every Instructor And Moderator Is A Medical Billing Business Owner.
Less than a dozen online medical billing training courses can boast of this accomplishment and this one is one of them. Learning from those that are in the trenches everyday is the best form of education you could ask for. Not only will the staff understand what you're going through today but they have the practical experience to properly guide you into the future.
3) You Can Complete Each Chapter And The Entire Training Course At Your Own Pace.
Some people take a few weeks others take a couple of months to complete the whole medical billing training course but that's OK because the program owners understand that people learn differently. They want to make sure you grasp the all the concepts before you move on, which makes for a well-informed
business owner and professional biller.
4) You Get Alot Of Bonuses That Most Medical Billinh Training Courses Charge Extra For (if they offer them at all). Here are some of them:
- Course includes study guides
- Course includes "FREE" software so you get the hands-on experience you need
- Course includes Internet Resources in addition to the course materials
- Course includes "FREE" telephone, online
forum and software technical support
- Understanding HIPAA, Examination & Certificate (Included in the Deluxe Certificate Program Only)
- Calculating Co-payments & Deductibles (Included in the Deluxe Certificate Program Only)
- Medical Billing Business
Consultation with a Medical Billing Business Consultant (Included in the Deluxe Certificate Program Only)
5) The Investment Is More Than Reasonable and Very Flexible. There are four training course options in all and here’s a brief description of each:
- Deluxe Medical Billing Business Training Course Certificate Program
- You will learn everything you need to know about medical billing, how to set up the business for success and most importantly how to run the day-to-day operations of the business. You’ll also receive 3 extra bonuses: a) A HIPAA Course along with an examination and certificate of completion, b) A Co-Payment & Deductible Course and c) You’ll be able to speak directly with a medical billing business consultant to ask them anything you want to pertaining to the business. This is the package I wish was available when I first started out and at $699.95 (plus the extras) you can’t go wrong (Hurry and you may catch this package on sale).
- Complete Medical Billing Business Training
Course Certificate Program- this package is for those that want to start their own home based medical billing business (Just like above) but it doesn’t included the 2 extra bonus chapters nor the medical billing business consultation. All chapters are included (1-9) and once completed you’ll be rewarded your course certificate and the designation
“Medical Billing Professional” and it costs $599.95
- Medical Billing Business Training Course Certificate Program- this is the package for anyone that wants to be employed in a hospital, clinic, physicians office, etc., instead of starting their own medical billing business. The registration fee is waived, you’ll only need to complete chapters 1-7 (not 1-9), once complete you’ll be rewarded your course certificate and the designation “Medical Billing Professional” and it costs $499.95 and lastly,
- Medical Billing Business Training Course Certificate Starter Program- this is the pay as you go package. It includes your registration fee and the first chapter of your course work for a total of $168. Each chapter that you take after that will cost $69.95 each until you complete the entire course outline.
So without any further delay click on the link below for the "BEST 2008 ONLINE":
Medical Billing Training Course
For the most updated and detailed information about the proper way to setup, start and operate a successful home based medical billing business read the ebook entitled "Medical Billing Book For Home Based Beginners" at:
If you enjoyed this medical billing training courses review then please take the time to read what I have to say about the home based medical transcription industry at: I really enjoyed sharing my knowledge and experience with you and I hope that you learned what to look for when choosing online medical billing training courses.
Here's To Your Success,
Paul Hackett
"The Medical Billing Mastermind"
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