Medical Billing As A Home-Based Business, Is It Really A Scam?
by Paul G. Hackett
Published on this site: April 27th, 2005 - See
more articles from this month...
As I read yet another article last week about how medical billing
from home was a scam I became concerned (as always) because these
articles tend to be one sided and it's not fair that people aren't
being told the other side. So how can one really make an informed
decision about the field on a whole?
Make on mistake about it, medical billing as a home based
business is Not A Scam, it's a very lucrative business, a
very hands on business, a personally rewarding business and
there are thousands of business owners and physicians nationally
that can attest to the fact that they benefit highly from
it. This industry is so big and profitable that companies
abroad are bombarding medical billing owners with the prospect
of outsourcing our workload to them for little to nothing
so that they can get a piece of the pie. There are only two
reasons why this profession gets a bad rap:
- There are several companies out there preying on those
that are not educated enough about the field to realize
that most companies, newspaper ads and software vendors
are scam artists in disguise and...
- Most if not all of those that don't succeed or got scammed
along the way never did the initial research necessary from
the start and then jumped in with booth feet not knowing
what they were up against. Thus, they set themselves up
to get scammed but instead of taking the responsibility
for their actions they cry foul, blame the industry in general
and say it's nothing but a scam.
As a seven year home based medical billing business owner I've
heard all the heart wrenching stories of failure but it always leads
back to the story teller admitting to me that they were not really
aware of what the business entailed outside of what they were told
or heard. They went ahead anyway because they wanted to get some
of the fortune that goes along with this multi-million dollar industry.
I do agree that this business is not as easy as some make it out
to be but then again what business is?! Sure there are steps that
you will have to take and you will have to be passionate about what
you're doing to increase the chances of success. Again, that's true
with any business!
So when you hear people saying that medical billing is a
scam or you can't do it without years of prior experience
just think to yourself "who are they to tell you what
you can or can't accomplish especially since they don't know
what you're capabilities are, what you're passionate about
or what drives you". It's bad enough that we tend to
hold ourselves to a limitation but it's even worse when we
allow others to do it to us. Plus it's just not true anyway!
The medical billing scam artists that you may encounter are no
different than the majority of people on the web that tell you "if
you buy into my product, program, website, safelist, downline or
service you'll make thousands of dollars in no time".
So it's not medical billing that's the scam! It's peoples greed
that allows them to take advantage of those that are tying to change
their lives for the better.
The only way you can avoid being taken advantage of or failing
at your prospective home based business is by educating yourself
first, through researching whatever it is you are looking to get
involved with and lastly by getting a mentor that's been in that
field for a while to help guide you along the way!
Paul G. Hackett is the owner of Stelo Medical Management,
Stelo Enterprises and author of the ebook entitled Medical
Billing Book For Beginners". His book is the beginner's
first line of defense against the scams in the medical billing
from home industry. Visit http://medicalbillingbook.tripod.com
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