Join ABSystems President Adam Phillips as he interviews licensee Paul St. Pierre from Seattle, WA. Paul became a medical business owner in June 2013 and has built a nice business for himself, with the help of ABS!
There has been a lot of talk lately about doctors joining hospitals because they are tired of dealing with their billing headaches in their private practice. What we have found, is that this trend has been exaggerated as discussed in this recent article by MedicalEconomics.com which states,
“Finding a way to track employment and practice ownership among the physician population is tricky. Recent reports claiming that physicians are moving swiftly away from private practices into hospital employment are based on years of inaccurate data, according to a report released by the American Medical Association (AMA).
In its 2012 Physician Practice Benchmark Survey, the AMA reports that 60% of physicians work in physician-owned practices, and about 53% were self-employed. Conversely, only 23% work for practices partially owned by hospitals and nearly 6% worked solely for a hospital.”
What we also see is that doctors don’t want to join hospitals because they then become employees, beholden to their hospital employers regarding hours worked, pay for services, etc. Not only that, but they also lose their patients, who become “property” of the hospitals. So, we have seen a trend going in the other direction… doctors leaving hospitals because of the issues mentioned above.
The better solution for them (and you) is for them to stay private and let someone else handle their billing needs, outside the office. That’s what our licensees do. The goal is to educate doctors and let them know they have other options before going the hospital employee route.
Patrick Phillips, Founder & CEO of American Business Systems, and Eric Ogea, Director of Research & Development, will discuss the very latest reasons why Doctors will choose your new business equipped with the tools and training that ABS provides. They will show you why our cutting-edge technology is unmatched in the market and will have Doctors asking “where do I sign?” with your new business. You will find out why this industry is recession-proof, poised for continued growth, and will be around for a long time to come.
According to a recent article on FiercePracticeManagment.com, practices are now starting to see the new patients that got insurance with the help of The Affordable Care Act. The biggest issue now is the time it’s taking for these medical offices to confirm that these patients are actually covered! This usually means that a staff member must physically pick up the phone and wait on hold… sometimes up to ONE HOUR PER PATIENT to get this eligibility conformation!
With our iClaim/EMRx system, we have a feature we like to call “Instant Eligibility Check” that will take the insurance holder’s ID # and electronically reach out to the patients insurance company and give almost instant feedback that tells them if the patient is covered, co-pay info, correct name, address, etc. Everything they need to know! Not only this, but pulling all this data from the insurance company directly assures the doctor that he/she will get paid for this particular visit/procedure.
If you’d like a demo of our system, start by taking the e-tour today!
Join CEO Patrick Phillips as he interviews Ken Schlenker and Phil Hodge from southern California. Ken and Phil have created a successful healthcare business with the help of ABSystems.
Here’s an article that illustrates why physicians need you. It says medical practices will have to spend up to $226,105 to implement the new ICD-10 medical codes, which will include up to $100,000 in payment disruption. And this is just for small practices.
This article confirms that doctors need all the help they can get to help with the “cash crunch” they are facing. When you start your own business in healthcare with ABSystems, you can help them increase revenues and collect money that is due them from insurance companies and patients. You can also help them transition to the new coding system for far less cost then what this article is describing.
This is so serious, the American Medical Association is calling for a delay in the October 1, 2014 go-live date for these new codes.
ABS CEO Patrick Phillips demonstrates what our licensees are currently earning for the services they can offer with the ABSystems business package.
Patrick Phillips, Founder and CEO of American Business Systems, interviews Jennifer Cattano via Skype. Jennifer and her husband wanted a business that would allow more time with their children. They had ZERO experience in healthcare, and with the help of ABS were able start a viable business, working from home.
Join Patrick Phillips, Founder and CEO of American Business Systems for his interview with successful entrepreneur Dawn Desjardin. Dawn has 6 clients within the first 4 months after her training and has built herself a thriving business!
Patrick Phillips and Eric Ogea show concrete examples of why medical billing is a valid business opportunity. They show actual comments from our last training class, a peak at a Practice Analysis questionnaire, actual signed contracts between licensees and medical providers, a live look at our Virtual Brochure, our Private Licensee Support Website, and more.Older Articles »