Entrepreneurship

Listen as Patrick Phillips interviews licensee Terrence Patterson. Terrence took our training in 2011 and has built a very successful medical billing business with ABS! Learn some of Terrence’s preferred medical billing marketing methods and also his use of our EMR/EHR as a door opener.

Here’s yet another interview with ABS founder Patrick Phillips and one of our successful licensees. Today, it’s licensee Bob Wilke from Washington. He and his wife wanted to start their own medical billing business and decided to choose ABS because all of the support we offered. Bob was in sports collectibles… nothing to do with medical billing!

In this video blog, our founder Patrick Phillips talks about a great medical billing resource book that he recommends.

Hey, I’m Patrick Phillips I’m the founder and CEO of American Business Systems. We teach people how to get into business doing medical billing for doctors. The other day I was sitting in my office and someone called that’s looking to get into our business and said, “Patrick, I’m going to be very straightforward with you. I don’t know whether you’re real or not. It seems too good to be true, and usually when something is too good to be true, its not. So tell me how do I verify outside your company, not from somebody with your company or tied to your company in any way, how do I verify that you’re a real company offering something that’s real?”

I said, “Well, the other day I was just reading Entrepreneur Magazine, which has been on the newsstands now for 25 years or so, a very reputable company, very reputable magazine comes out every month and has some wonderful articles for business owners in it. I subscribe to it myself because I am in business. But if you’re looking to get into business, they also sell books that tell you how to start up various different businesses. One of them in their series that they call the ‘Great Business Ideas’ is a startup manual called ‘Start Your Own Medical Claims Billing Service.'”

Folks this is a tremendous resource. You can get this on Amazon.com or at any major bookstore. If you’re looking to get into this business, we know that this business is not for everybody. We know that everyone can’t afford the investment for us to get into our business because we have a turnkey system. You may want to start this business on your own or just do some more research. This is a good place to start. For $19.95, I say it’s a good investment.

But the reason I’m showing you this book is because I wanted to point out to this person, that had called me, that one of the ways you can verify that we’re real is that you can look inside this book in Appendix A at the back, they have a resource section in the back that has all kinds of things like there’s clearinghouses, there’s associations, books, various things that you can find out about. One of the things they have in here, of course, is a section on business opportunities. In other words, if you want to buy a package like we have that teaches you how to get into this business, there we are listed, as you can see, with our address, our phone number, our web address. It’s all right there. We have been here for 20 years.

Now there are other companies in this industry who’ve tried to do what we have done, and they’ve made the fatal mistake of just selling a license, trying to get the license fee upfront from people and then not worrying as to whether or not those people are actually going to go out and build their business. Folks, on this very blog, down below, you can actually scroll through these videos and see testimonials from people who have not only been through our training but have gone out actually started their
business. Some of them opened their own office, many of them still working out of their home, but some of them have hired staff. Others have gotten to a seven figure revenue level.

Folks, that’s the way you find out whether somebody is for real or not, and you can talk to some of those people. If you call your ABS rep and ask, we’ll put you in contact with people out there who are actually doing the business, who don’t mind sharing with you how they got started, most of them without any background in the medical field whatsoever.

So this is one of the ways that you can verify that we’re real. A company that has been around for 20 years like we have, we’re not going anywhere folks. Check with the Better Business Bureau in Fort Worth, and you’ll see that we have the highest rating that any company can have, an A+.

So, again, do your due diligence. Research us thoroughly. If this is something you want to get into, we would love to see you at one of our live trainings down here in the Dallas area.