Entrepreneurship

Eric Ogea and Alysha Phillips with ABS discuss all the upcoming changes to the healthcare system in 2015. The biggest of these being the new ICD 10 coding update. This is a MAJOR change to the current system and doctors are scrambling to learn the new codes and get their staff up to speed as well. The good news is, with our iClaim/EMRx technology, you don’t have to be an expert to help doctors.

Aside from the purely learning the new codes, the cost of training and implementations is massive for most practices! We’ll show you a report that states costs can be anywhere from $83,000 to over $2,000,000 for a larger practice!

Our system has the full coding database built in and maintained by us so you don’t have to know them! We also have a mapping tool that you can use to help get doctors familiar with the new codes!

Start Your Own Healthcare Business with ABS NOW so you can be ready for clients in 2015!

References:

http://icd10monitor.com/enews/item/1288-seven-steps-for-helping-physicians-get-ready-for-icd-10
http://www.forbes.com/sites/johngoodman/2014/09/11/why-are-doctors-so-unhappy/
http://www.benefitspro.com/2014/02/10/doctors-unhappy-with-ehrs

If you are thinking about different healthcare business ideas, you owe it to yourself to check this out! ABS CEO Patrick Phillips talks with Steve Higdon about how he built such a large medical billing business in such a short time. He recognized that his previous position in pharmaceutical sales was on a decline, so he wisely transitioned into the medical revenue management and billing industry. Steve completed his training with ABS in 2013 and already has 14 clients! Most of these came from referrals, with him only doing minimal marketing!

Start a Business with NO Competition! Have you ever wondered how to eliminate competition in your line of work? This week, Patrick Phillips and Eric Ogea talk about the many things that set our licensees apart from competition. So far apart in fact, that any possible threats to their medical billing business is virtually eliminated! Join them as they also answer questions from the audience!

Here’s a sneak peak:

– Start a business in an industry that has proven growth, regardless of economy (e.g. healthcare)
– Work in a field that is showing monumental shifts away from “the way it’s always been”
– Use seamlessly integrated technology to your advantage
– Make sure someone always has your back
– Never underestimate the power of client testimonials
– Get trained by the experts in your chosen field: the people in the trenches
– Use social media to your advantage

Adam Phillips, President of American Business Systems and Jason Pettit, Creative Director, discuss the top questions and concerns about starting a new business in the healthcare industry providing medical billing and other valuable services to medical providers. They also answer questions from the audience.

Some of the questions answered:

Why Would I Want to Start a Medical Billing Business?
Why Do Doctors Need Me? Aren’t They Doing Their Own Billing?
Do I Need an Extensive Background in Billing and/or Coding?
How Much Money Can I Make?
How Many Doctors Can I Have as Clients?
Can I Hire Others to Help Me?
What Are My Expenses?
How Do I Convince Doctors When I Have No Experience or References?
Are There Any Territories or Other Restrictions?
What makes American Business Systems unique?

If you are wondering how to start a new business, consider the training being offered by the parent company. Head of R&D at ABS, Eric Ogea and Sarah King, ABS Business Coach, talk about the need to be trained in a live setting when starting a new business. They go over the exact material covered during the week-long workshop on medical billing offered by American Business Systems.

To learn more about our live training, click here to take the e-tour!

ABS Licensee Benny Biordi just celebrated passing the $500,000 mark in funds that he has collected on behalf of his clients. Watch this interview to learn how he did it!