ABS Shares Why the Best Time To Start a Medical Billing Business Is 2022
American Business Systems shares why this year is an ideal time to start a medical billing business.
They also offer information about their medical billing franchise support services and how they can help new entrepreneurs get their businesses operational and generate revenue quickly.
Benefits of a Medical Billing Business
The healthcare industry remains one of the fastest-growing business segments, expecting it to double in size by 2024. Since more than half of doctors and medical practices outsource their billing and coding to a third party, now is an excellent time to enter this recession-proof industry by starting a medical billing business.
Medical billing and coding businesses offer serious entrepreneurs many opportunities to earn uncapped income. With most clients paying $25-$35K for billing services, medical billers experience excellent potential in generating a six-figure income within the first year. And with average medical billing contracts lasting two years, the potential to earn residual income is also high.
Medical billing also makes an ideal venture for individuals who want to build a lucrative business with the flexibility to work at home or take your work anywhere. Whether starting a medical billing business as a side hustle or a full-time career, this business makes a difference to doctors, patients, and the community.
Why Choose American Business Systems?
American Business Systems (ABS) launched in 1994 and has become the largest network of Certified Medical Revenue Managers in the U.S. The company offers a proven educational and structural formula for starting a medical billing business.
Founders Patrick and Linda Phillips started ABS after seven years of working in the medical billing industry. They wanted to perform their hours and afford their dream lifestyle while putting their family first.
With the systems and processes they devised, they wanted everyone interested in starting a business with absolute stability and growth potential to have the tools and support to do it. As a result, many now consider ABS the fastest way to set up your own medical billing business.
ABS Advantages
ABS business owners get the advantages of educational materials and experience from the company. During 30 years in operation, ABS has built an impressive toolbox full of comprehensive solutions for every aspect of medical billing.
ABS practice management and optimization solutions include:
- insurance claims filing
- payment services
- collections
- Electronic medical records (EMR)
- automated marketing
- digital records management
- coding
- audit services
- HIPAA compliance
ABS business owners are independent operators. Their medical billing businesses run without franchises' royalty and territorial marketing restrictions.
Learn More About American Business Systems
At American Business Systems, integrity and family values form the foundation for the business. ABS’s proven method to start a medical billing business offers the support and training needed with minimal downside. Whether to supplement income or create an entirely new career, ABS will help individuals achieve the freedom and flexibility they deserve.
To learn more about how to start a medical billing business and the company’s mission and systems, please get in touch with the ABS office at 866-565-8413.
