Work From Home Business: Medical Billing Service
As we pause to consider the changes we’d like to make in our life and career at the start of a new year, altering how we balance work and life are top of mind for many of us. And if we’ve learned anything from the COVID-19 pandemic, it’s that most jobs can be performed from the comfort and safety of our own homes.
That’s why work from home business ideas are more prevalent now than ever before. Top 10 work from home lists often feature things like “start an Etsy shop” or “run a dog sitting business.” Sure, why not, but maybe you’re not crafty or don’t want to be responsible for scooping up poop.
The best approach to working from home is to find work that you’re capable of doing in an industry and role that isn’t oversaturated. That’s exactly what medical billing offers.
A medical billing business has several advantages over other virtual businesses:
- Stable industry (medical professionals aren’t going anywhere)
- A predictable routine that doesn’t require the expertise of a tech startup
- Crystal clear purpose: helping your clients get paid
And here’s the real kicker: stellar medical billing providers are hard to find. If you’re able to provide a high level of service in your medical billing business, there’s not much competition and your services will be highly sought after.
Other advantages of starting a medical billing business at home include the low start-up costs (your largest expense will be your billing software), and you can run your business and do all of your work from home (fully remote!).
So, why aren’t medical billing businesses on every ‘top 10 start your own business from home’ list?
As experienced, successful medical billers, we’ve asked this same question ourselves. The reality is because, from the outside, medical billing may not look like a great opportunity. Maybe it isn’t as attractive as other work from home business opportunities, or maybe medical billers are too busy growing their businesses to get the word out about what a great business model medical billing provides.
If you’re unsure about the opportunity it provides, try asking the next medical professional you see about their medical billing company. Most likely, they’ll have some good feedback for things that can be improved – which means there’s a market opportunity for a medical biller like yourself to fill.
Aside from the hidden nature of a medical billing business, people who do find out about it often have some great questions.
Where do I even start? Is it hard?
What if I’m not a medical billing specialist?
Do I need to have any healthcare experience?
Do I have what it takes?
Take it from us: starting a business is better with an experienced guide. At MindEase Academy, we help new medical billers deliver consistent, desirable results to their clients without battling scope creep or feeling overwhelmed. We help you get new clients & grow your business without having to spend big bucks or having to master social media.
To start your journey, grab a copy of our guide.
