It isn’t easy to get into the field of
The first thing you’re going to need is software to do your billing with. This isn’t a hidden cost as the company will tell you right up front what the software is going to cost you in order to do your basic billing. That is the key word here, basic. See, the stock
For example. In most packages, if you want inventory control features, that’s extra. If you want the ability to post payments from Medicare automatically from a downloaded Medicare batch file, that’s extra. If you want to be able to send your claims electronically or any other carrier, that’s extra. If you want to be able to print purchase orders or sell over the counter items or do barcodes, that’s extra.
And then there are the services. When it comes to
And then there are forms. Forms are big business all by themselves and nobody is going to give you these forms for nothing. So while your software may come with the capability to print the data to these forms, the forms themselves have to be purchased from a forms manufacturer. Sometimes, the software manufacturer will be able to provide you with these forms, but it is probably better to go straight to the manufacturer as the software company will have to charge you a premium for these forms since they had to get them from the manufacturer themselves. These forms include HCFA 1500 forms, CMNs and a few odds and ends. They all add up, especially if you do a lot of billing.
So after all the smoke has cleared, your $5,000 software package may end up costing you an additional $1,500 in extras. How much you’ll spend on forms will depend on how much billing you actually do. So make sure you allow for these extra costs when starting your