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American Business Systems Review - Medical Billing Specialist Opportunity

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• published: 07 Oct 2016
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Start a Medical Billing Business under $25k. Today we are looking at the American Business Systems opportunity. ABS was founded in 1994 and is a home based business in the medical billing field. The investment is just under $25,000, requires no previous experience, and allows new owners to enter the medical claims industry by becoming a medical claims specialist. The business can be operated just by one person processing the claims, run part time or fulltime or grown much larger with multiple employees. Some current owners have grown to over 30 employees. Over the past 20 years over 1500 people have gone through the ABS training. So why is this a good opportunity? Firstly there is huge market demand. As you probably know medical billing is a growth industry and a very challenging field and as a result most medical doctors only receive about 70 cents of every dollar they bill for, and often wait months to get the payments. Doctors are not trained in claims nor do they have the time in their busy practices to look deeply into these billing processes. So here we have an enormous industry problem, and ABS offers a solution. After completing their training American Business Systems owners help the Doctors effectively process their billing so they now receive up to 98% instead of only 70% of their billings and get paid in 7 days rather than in months. For providing this valued service you as the medical billing specialist get paid a percentage of the Doctors monthly revenue. So that is money in the Doctors pocket and your own pocket every month. So the concept is very easy to understand , you help Doctors earn more money and get money faster using the software and training provided by American Business Systems. Can you think of any Doctors that would not want to make more money and get it faster? So how do I become a medical billing specialist? American Business Systems gives complete training on their system that shows you step by step how to process these claims to increase doctors earnings. They have been doing this over 20 years. To give you an idea of the numbers here are some averages, these are not earnings claims these are just industry statistics. Most doctors have billings between 30-100k monthly. With one $50,000 a month account you would be putting approximately $15,000 extra in their pocket every single month. And that single account will put approximately $3000 a month in your pocket every single month. And that is just one account. If you decide to go through the discovery process with American Business Systems and speak to existing owners you will see that some of them landed accounts with 30 or 40 Doctors in the practice which doesn't happen often but it but it obviously makes for a very nice account. But the next valid question is how do I as a medical billing specialist actually find Doctors? Well if you have a sales background you already know the answer. If you are new to this as many of the ABS owners were, most got started with their first account by networking locally. Asking their own Doctor, or asking people in their community from the hairdresser to their real estate agent for referrals to their Doctors. Also as there is no territory restrictions you are able to work with Doctors in any part of the USA, so you can network with friends and family all over the country. Remember that first client will likely cover your investment. Now beyond this networking there are There are many other ways to find clients which will be shared with you as you go through the process. Now you might be wondering how do I know this is real, how do I know the training is good? There are a number of questions that ABS addresses for you this way. American Business Systems will provide all the business materials first for you to review, you will then travel to their head office in Texas for the intensive 5 day training course - and if after taking the 5 day training and fully reviewing and understanding the opportunity you for any reason don't see the value you will receive a 100% refund of your money. How many times do you come across a company as confident i their process as that? This is a real opportunity to enter into the medical billing field with the help of an established company. So how do you get started? If you are on our webpage complete the form below and one of us will contact you within 48 hours to show you next steps. If you are not on our page visit us by clicking the link on or around this video or give us a call. Franchise.city works with over 600 national franchise brands and we help people find the perfect franchise. There is never a charge for our service and your franchise will never cost more by using our service. Franchise.city is a better way to buy a franchise. Don't forget to follow us on social media for all the latest updates and trending franchise opportunities.