Let S Start With The Medical Billing Industry

Category: Finance.

I ve been in the medical billing business for a little over seven years- certainly not my longest endeavor( but certainly one of my most interesting) .

You see, I ve had the good fortune of running businesses in some highly competitive industries( medical billing included) and regardless of my official title, job description or employer, my true function was to simply generate as much profit as possible- period. If I were to try to classify my 25 plus years of business experience I would have to lump everything under the heading of" Moneymaking" . That s not to say maximizing profits involves treating people poorly, offering poor service or inferior products- quite the contrary. How? Some of my past employers were industry leaders that employed lots of people, donated to charities, paid taxes and generated profits in free and ultra competitive markets. By simply giving the consumer what they wanted, when they wanted it, distributed in way they could conveniently buy it- often. That s also not to say that every endeavor I ve undertaken has been successful.

The trick is- and here s the hard part- that regardless of the business size, product/ service or overhead, it has to make enough profit to sustain itself. On more than one occasion I ve been involved with a business that was- ahem- less than profitable( read no longer in business) ; and even the business novice knows how that story ends- as one door closes another door, blah, blah, blah. The lesson I took away from my working career s" road bumps" is that on more than one occasion the business had a good product or service but tried to compete solely on price. But let s stay on point. And that leads me to the" toilet paper" reference I made in this article s title. The effect of which is to homogenize a product category in the mind of the consumer. This strategy turned the product or service in to a commodity- something marketed to the uninformed consumer solely on the basis of price rather than quality or value.

Allowing a company to gain or maintain market share by simply putting out as much of a product as possible for the lowest possible price. Unfortunately this strategy has found its way in to the medical billing industry and there are several losers of this sales tactic- the health care provider, the provider s patients and the billing services. A tactic used in the airline, technology and paper, automobile product industries- just to name a few. Just Google" medical billing" and you ll see what I mean. And why not? The medical billing companies doing this" limbo dance" market their services solely on price- 6% , 5% , 4% , etc.

These medical billing services shrewdly recognize that health care providers are consumers too and a percentage of providers will make a buying decision as important as entrusting the stewardship of their cash flow to the lowest bidder. As long the target market- health care providers- believe that all medical billing services are essentially the same differentiated only by price. To commoditize the medical billing industry is in the best- albeit short term- interest of these medical billing services. These medical billing services mistakenly declare themselves the winner. Simply put, everyone loses. But exactly who wins? Let s start with the medical billing industry.

These medical billing services- domestic and overseas- are most likely struggling to attract clients and are attempting to build a client base by undercutting competition. Most medical billing services are sole proprietorships or partnerships being operated from a home office. Other small billing services follow suit and before long fees for the entire medical billing industry are being artificially suppressed by medical billing companies that are really just fishing for clients. A one person medical billing service arbitrarily charging a health care provider 5% of collections( because everyone is seems to be charging 5% ) on payer reimbursements averaging$ 50 per patient is generating roughly$ 88 per claim after tax. Let s look at the math. Depending upon the time committed to providing other non- revenue generating services to the health care provider the owner will be lucky to generate a profit that warrants the continuation of the business.

Many health care providers falsely believe that medical billing services hired on a percentage basis are in essence working on a commission and therefore highly motivated to collect every possible penny for the provider. Consider the effect on the health care provider s business. The truth is that medical billing services earn 95% or more of their revenues on the front end or claim filing stage of the revenue management cycle. Finally, the patient suffers. Given a choice between revenue generating activities- claim filing- and non- revenue generating activities- aged claim reconciliation- the billing service can and will choose the more profitable activity based on manpower limitations. Patients do and should expect their out- of- office experiences with the provider to be on the same level as their in- office experiences. In the mind of a patient, claim issues reflect poorly on the health care provider and can prompt a patient to seek care elsewhere.

Claim issues are of great concern to patients- particularly older patients. So here s the bottom line. In other words, resist the temptation to take on an unprofitable client- allow them to choose a competitor and drive that medical billing service out of business. Medical billing services need to understand their costs and develop a pricing plan based on their profit goals- not on arbitrary percentage rates developed by a" competitor" . A medical biller must be able to accurately project the manpower involved in taking on any new client and charge accordingly. Market your services to attract these clients.

For every potentially bad client there are many more reasonable health care providers interested in striking mutually profitable partnerships. Health care providers must realize that they will ultimately get what they pay for. Many health care providers, particularly those starting new offices, should consider keeping their medical billing in- house at least for the short term. Outsourcing the revenue management process is not for everyone.

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The Term CD Stands For Certificate Of Deposit - Finance:

The term CD stands for Certificate of Deposit.

If You Have Had Bad Credit In The Past, It Might Seem Hard To Get A Credit Card That Is Not More Expensive Than It Is Worth - Finance:

If you have had bad credit in the past, it might seem hard to get a credit card that is not more expensive than it is worth.

This Is What Forex Killer Can Do For You

Category: Finance.

The largest market in the world is undoubtedly the foreign exchange currency market, also known as the forex market. First of all, it presents traders with the opportunity to make quick and substantial profits.

Trading forex has become a very popular means of investing for many reasons. The high margins of the forex market allow traders to control large amounts of currency even when they have small amounts of actual cash. Furthermore, the continuous fluctuation of the currency price offers the prospect of substantial profits when trading forex. This translates into the possibility of making huge profits, although the chances for similarly considerable losses do exist. Secondly, trading forex has also become popular due to its availability around the clock and by means of the Internet. As opposed to other markets, the foreign exchange currency market is not overseen by a major authority, nor does it have a central venue. The forex market represents a series of telephone and Internet communications between sellers and buyers.

The twenty- four- hour- a- day availability of the forex market, along with its global presence, is what renders its grand fluidity and the constant presence of buyers and sellers. However, given the fact that the market is overwhelmingly abundant with forex trading programs, and that not all of them have been subjected to repeated testing and documented, choosing a forex trading system may turn out to be quite a difficult task. Many forex traders, be it beginners or experienced traders, acknowledge the need to make use of a good forex trading systems and realize the advantages that derive from this. It is important to remember that when it comes to trading forex, a good choice of program can make quite a difference. Its security system, reliability and availability are among the most important features that you should look for. There are quite a few aspects to consider when opting for a particular forex trading system.

Forex Killer is one good example of online trading programs. Forex Killer does not fall under this category, as it has been professionally developed and is based on comprehensive insider perspectives, which the majority of forex trading programs lack. As has been said before, there is a myriad of forex trading programs available, most of which represent quite a challenge for their users. Forex Killer can be easily installed and requires no signal services. Other important features of the Forex Killer program include its compatibility with all existing trading platforms, which highlight the, its trading videos keys to successful trading, as well as its unlimited lifetime updates. It is equipped with an easy- to- use demo account that allows users to practice trading forex without any additional investment.

Probably the most attractive part of the Forex Killer software is the fact that there is little risk involved. Instead of spending hours on end in front of your computer clicking on a million buttons only to find that at the end of the day you haven t made any profit, you can choose to invest as little as a few minutes a day- that is, as long as it takes to provide the program with the necessary data and allow it to calculate probabilities. Forex Killer requires the least amount of time invested in it. This is what Forex Killer can do for you.

RCA Credit Understands The Significance Of The Credit Report In Everybody S Life

Category: Finance.

With all the demands of modern- day living, it should be no wonder why almost everybody has and wants to have a credit card.

This essential report on one s credit makes or breaks one s eligibility for acquiring loans, whether it be a home loan, a car loan, a college loan, etc. Obviously with this knowledge, everybody is aware of the significance of a credit report. Even some jobs look into one s credit report to determine whether or not hiring you would be favorable to them or not. RCA Credit understands the significance of the credit report in everybody s life. So in short, having a positive report should remain a priority in your day- to- day financial activities. Nevertheless, they also believe that everyone deserves a second chance in rebuilding their credit status after experiencing bad credit with unfavorable financial activities such as overspending or unwise use of their credit cards and other credit means.

Credit repair services are needed for those who wish to apply for loans to finance their homes, to purchase a car, to send a child to college, to pay for medical bills, or to get on a grand vacation but cannot do so because of a bad credit standing. RCA Credit offers credit repair services for those who wish to reassess their credit reports to clean up whatever negative report that is written on them. RCA Credit will guide you through the whole process of removing negative reports about your credit status. This may mean going over your household budget with them and assessing every single details there is. They may do these by outlining some debt management strategies that will eliminate any negative score such as a bad you have on your report. Although it could be embarrassing sometimes, they will enable, Moreover you to establish a good credit repair method to boost up your credit score making you eligible again for any loan application you wish to try out.

They think it s still possible for you to get back on your feet even after experiencing bad credit and recover from bankruptcy, and the likes, a foreclosure. The RCA Credit team, in their aim to help you in your credit repair needs, will let you in on secrets that the Credit Bureau will normally not reveal. Their credit repair techniques will even get you help on how to build years of positive review on your credit report and more, all this are done legally so there shouldn t be a thing to worry about. All these clients and the number of years that RCA Credit has been around should be enough proof that the company is a credible one when it comes to fixing bad credit and credit repair services. With over 70, 000 clients who have left positive testimonies about RCA Credit, it is therefore safe to assume that asking for their help on credit repair and bad credit is a wise decision. There s definitely no need to feel hesitant about getting their help for your credit needs.

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Thailand Spent The Next Five Years In An Economic Haze - Finance Blog:

It is the tenth anniversary of the Asian financial crisis and we consider, "will it happen again? " First we need to know what happened.

Debt Relief Services Offer A Way Out

Category: Finance.

Money is a tricky thing and sometimes can be hard to manage. These factors are magnified by the confusion that creditors create with tricky payment terms and hidden and outrageous fees.

As many of us watch our debt pile up and the interest keeps accruing it can become very overwhelming and devastating. Needless to say, when you are in over your head, creditors take very little sympathy for you. If you are one of the millions of people in this country struggling to keep your head above water it often feels like it s you against the world. They want their money, and they don t care how they get it. When you have severe debt, there are usually two options, enlisting the services of a debt relief organization or declaring bankruptcy. Debt relief services offer a way out.

While many of us know the ground rule for declaring bankruptcy, debt relief organizations are still huge benefactors about which, little is known. They can help consolidate your credit card bills, and medical bills, tuition loans all into one monthly payment that you and the debt relief organization set together. By using a debt relief organization you should no longer receive those harassing phone calls from collectors. If you are in debt this is an excellent way to reduce your debt. The monthly payment is a fixed rate and will never increase. The debt relief process works by consolidating all your bills, and the debt relief organization makes an agreement with your credit card company to make the payments upon your behalf.

You are no longer dealing with collections or a specific credit card company. In turn you pay the debit relief organization your monthly payments. Your alternate option to using a debt relief service is to declare bankruptcy. Thus taking you out of direct contact with the creditors and reduces you debt faster than you could on your own without interest continuing to pile up. By declaring bankruptcy you are protecting all of your inherit assets and stating that you can not pay your debt off. However it is strongly advised not to go this route as recovery from a bankruptcy declaration will take seven years to recuperate from on your credit report.

This relinquishes you from debt and without paying back the money you owe. Although it looks like the easier of the two, declaring bankruptcy has severe long term consequences. It will be extremely difficult for you to obtain a loan or even a credit card. The chances of you ever having good credit again are nonexistent. Another thing to take into account is whether you will ever need to make a large purchase such as a car or home. Though there are a handful of organizations that will loan you money, they will only do so at tremendously high interest rates and sometimes unethical business practices. If you declare bankruptcy you are not longer qualified to receive a loan.

There may be other options than these listed here that would require special circumstances and considerations. By going with a debit relief organization you are ensuring a better future you and your family. However these are the general choices you have. Declaring bankruptcy has negative consequences and should be considered a last resort. Remember, working with a debt relief organization should take up to five years to get everything paid off but being debt free is a wonderful feeling regardless on how you get there.

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What Loan Plan Will Help You The Most To Reach That Goal - Desiree Schlatter's Finance blog:

This interesting article addresses some of the key issues regarding 30 Year Home Loans. The more authentic information about 30 Year Home Loans you know, the more likely people are to consider you a 30 Year Home Loans expert.

The Financing Can Be Utilized For One Asset Or An Entire Portfolio - Finance Blog:

The strategic conversion of corporately owned real estate into working capital has proven extremely beneficial to corporations, particularly as their executives are scrambling to find funds to help grow their companies. Companies have found that access to their traditional capital resources has become more restricted, has impacted their, which in turn ability to access competitively priced debt.

Happy Trading - Finance Articles:

I am writing this as I am sitting here at the airport in NYC, after an incredible private tour of GROUND ZERO, from someone who experienced it first hand.

Knowing The Basics Of Stock Trading Is Important If You Are To Succeed In Stock Trading

Category: Finance.

Knowing the basics of stock trading is important if you are to succeed in stock trading. For beginners like you, it is essential to have a working background on online stock trading, or, instead of learning how to pick stellar stock, you might be the one being taken for a ride.

These knowledge will tell you when to pick stellar stock options as this is primarily based on knowing the ins and outs of online stock trading. The best way to learn all about online stock trading rests in your choosing a reliable and reputable online trading firm. Many stock firms would say that you don t need to learn the ropes to pick stellar stock on the floor. Start your online investment by surfing an online firm that offers free account registration, with a beginner level. All you need to do is sign up and type in your credit card information and they ll do the rest- -- beware of such statements. Be clear about what you want, and go for it.

It is essential for you to learn how online stock trading works, so that you ll know where your money is going and if it s working for you, and not for the online trading firm. Don t rely on sites and traders who state all you have to do is sign up and they ll do all the rest. An online site with beginner levels is one way of knowing that that site cares about its investors, and not just the profit. Fraud works by making you feel like you don t have to worry about anything else, at all. Another key feature of a reliable online stock trading firm is its ability to give you access to real- time and delayed stock quote news, tips, updates, picks and stock analysis that will help you pick stellar stock options. This is essential, because the key to making great buy offers is information. Many online stock trading sites offer beginners with information that would help them learn how to manage their investments, and how to pick stellar stock using stock reports, day trading stock tip updates and information.

To keep you informed of the shifts and movements on the floor, most online brokerage sties also offer real- time day trading stocks. Just to be on the safe side, try searching for sites that offer the best ways for you to get firsthand information from the market. Some may even offer after hours stock tip and updates for your mutual fund options and stock investments. These sites offer day trading stock tip developments, and other stock, stock quote data trading information. Delayed stock quotes are also often used for after hours trading on mutual fund stock options, as well as stock analysis and market projections. Getting real- time stock information is essential especially for day trading and direct stock investments. You can also use these information in developing your own stock trading strategy, while earning the experience to make the best day trading stock tip.

Soak in as much information and experience you can. Of course, as a beginner it is possible that you may be handling relatively solid stock options just so you can get a feel of buying and selling stocks. After some time, you ll be able to move on to bigger and more volatile stocks, and your learning experience will make the difference between being able to pick stellar stock and mediocre ones.

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Normally, A High Risk Merchant Would Find A Way To Counter Hackers From Getting Access To The Download Page - Finance:

It s not for the geeks.

Building An E- Commerce Website- - What Does It Entail - Lolita Grassl's Finance blog:

Building an e- commerce website- - what does it entail? You would either need a little of their help or search online for a reliable company that offers a package of services for high risk merchant account owners> .

Many Lenders Have Programs To Assist Homeowners In Financial Distress - Finance Articles:

If at any time the adage of" Let the buyer beware" were applicable, it would certainly be when a homeowner is experiencing foreclosure.

In Short, Everyone Wins, " He Says

Category: Finance.

A few months ago, the Social Security Administration sent out the first of the Baby Boomer checks.

Everyone from financial advisors to real estate investors are keeping a sharp eye out for trend changes. "Baby Boomers have more accumulated wealth than any previous generation, and they re positioned downstream from a river of assets that they will inherit from their parents, " says Leon Meekcoms, President of Parkbridge Capital Group, Inc. (www. parkbridgecapital. com) , a privately held real estate investment, and brokerage firm, acquisition. "Their financial position and increased longevity are translating into decisive new trends in the housing industry. " The sheer numbers that make up this generation- over 78 million according to the U. Census Bureau- have made Boomers de facto trendsetters. They have a reasonable expectation of living a quarter of century and longer in retirement or semi- retirement, and don t want to outlive their money. "While Boomers are affluent, they are smart about how they re going to invest and spend, and will plan for the future, " says Meekcoms. In contrast to traditional" snowbirds, " this generation tends to be more active and, is quite cost, like their predecessors- conscious. According to Meekcoms, whose career in real estate sales, and development has, acquisition spanned more than 25 years, the most notable recreational trend among the Boomer demographic are those who termed" splitters, " or people who have two residences. "Dual season residency is skyrocketing, with people choosing to go north from the spring to the fall and spend other half of the year in the south, " he says. This is one reason why Parkbridge Capital Group, Inc. has focused on acquiring a portfolio of manufactured home communities and recreational vehicle resorts. "People want the benefits associated with a mobile lifestyle without the high overhead.

In addition, close to a half million people live and travel full- time in their RVs, with millions more dividing their time between RV travel and a home base, often in a manufactured home community or RV resort. In buying and upgrading these properties to maximize investor return, we also provide tenants with a splendid environment. Parkbridge Capital is a prime example of a company that has positioned itself to take advantage of the Baby Boomer wave. In short, everyone wins, " he says. There aren t a massive number of larger, quality manufactured home communities and RV resorts, so the market forces of supply and demand are almost certain to force prices up in coming years. S. "Because of gas prices, people are beginning to shy away from long trips, and prefer the amenities of resorts that are within driving distance of their homes, or locales where they can stay and recreate for the season, " says Meekcoms. In the meantime, the company s properties also appeal to the growing number of Americans who want to vacation closer to home or stay in the U.

As a Baby Boomer himself, he has an inside track on this trendsetting generation. "On the whole, we have more time, and better long, more money- term health prospects than previous generations. We want to enjoy a flexible lifestyle at a cost that isn t extravagant, " he says. "The types of properties that our company acquires and owns with our partners are a perfect fit for mobile, cost- conscious Boomers who want the best of all worlds. "

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This Will Not Hurt Your Credit Score - Molly Toye's Finance blog:

We have an article that details the benefits of canceling old, but is this, unused credit cards always a good idea?

The Second Risk Is Related To Your Credit Score - Jeannine Lucy about Finance:

The theoretical financial provisions made in the business plan may well not cover everything in practice.

There Are A Lot Of People Who Are Talking About Instant Approval Credit Cards Today - Heidi Bustillos about Finance:

There are a lot of people who are talking about instant approval credit cards today.

Are You Interested In Buying A New Houston Home

Category: Finance.

Are you interested in buying a new Houston home?

Say goodbye to stress and let somebody else do the hard work. To avoid a complex and long process, you should go to an experienced real estate broker who can assist you and competently advice you. But what would be the reasons to invest in Houston homes? Named after an ex- President of the Republic of Texas, the town has a strong railroad and ship industry, but its full economic bloom began after the oil discovery in 190Houston is part of the sixth largest metropolitan area in the US, Houston- Sugar Land- Baytown, with a population of over 5 million and still growing. For one thing, you would be living in one of the most prosperous and wealthy towns in the world and the fourth largest city in the United States. Houston s energy industry is one of the strongest worldwide( especially the oil industry) . The Globalization and World Cities Study Group named Houston a" world city" .

Also, aeronautics and ship, biomedical research industry are highly developed. Being also an important center for oilfield equipment, Houston owes much of its industrial success to its ship channel. So, if you would like to live in a" world city" , there are plenty awesome Houston homes waiting for you. The Port of Houston is the largest in the world and the most important in the United States. You should also know that the city is the second in the USA as far as employment growth rate is implied. They do this with the hope of a better future in one of the world s biggest metropolis.

In other words, Houston is a rich town and there is no wonder that many people in the US choose to leave their old homes and settle in a cozy Houston home. As we are talking about the inhabitants, you must know that Houston has a diverse and interracial population. White, Asian, Black, Hispanic, American Indian and other races live here in a unique cultural environment. (Houston has strong Hispanic and Mexican communities) . With about 2 million people and a population density of about 3, 371 per square mile, this city has place for everyone. If you enjoy multicultural diversity, start looking for a Houston home, as Houston is certainly the place for you. Houston has an active visual and performing arts scene, with the Theater District( home to nine major performing arts organizations) and the Museum District( with many popular cultural exhibitions that attract more than 7 million visitors every year) .

Another interesting thing about this city is its artistic environment. Only four cities in the US except Houston have permanent professional companies in all major arts: opera, music and theater, ballet. The annual Bayou City art Festival is one of the most reputed art festivals and attracts many tourists. There s something for every taste: folk artists, Broadway acts, concerts, exhibitions. In conclusions, anyone with an interest in arts would surely cherish living in Houston homes. That is what intermediaries( real estate agents) do: help you with your work. Whether you want to sell or to buy a Houston home, you need someone to help you with the complicated aspects and paperwork.

In addition, it s a lot easier to find the Houston home of your fantasies with specialized help. Remember that information is the key to a successful business transaction. Try our website in order to learn more about Houston homes, prices and opportunities.

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No One In The Group May Be Able To Make This - Finance Blog:

When the club is unable to get the necessary funds from the school in order to go on a camping trip, the group has to learn to improvise. No one in the group may be able to make this.

Whatever Type Of Card Issuer You Are Looking For, You Need To Shop Around To Find The Best Deals - Roseann Kemplin's Finance blog:

for a credit card but are unsure about which card issuer to choose, here are some tips on how to find the right card issuer for your specific needs.

It Is Not That Difficult To Ensure That Your Business Credit Card Is Shielded From Unauthorized Charges - Finance Blog:

You should ensure that your business credit card or the corresponding business credit card number does not fall into the possession of those who will use it, without caring one iota for the financial consequences to your business. Some simple ways that you can go about protecting your business credit card- and by association your business- are listed below: � Avoid using your business credit cards on any unsecured websites at all costs.