Billing From Home

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	Billing From Home

This is the most trusted online resource for medical coding students and experienced professionals in the medical billing field! We provide free education and certification information, latest tips and articles, and let you explore school and job listings free.

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Telecommuting? An Age-Old Concept Is Coming Back

Trusted employees with a strong background and experience in medical coding and billing procedures, as well as knowledge of policies and laws may be permitted to work from home. With the right strategies and security measures in place the company benefits and so does the employee.

Medical Billing From Home:

Off-site employees work at home and communicate with the office by electronic means. It can be done. However, it requires discipline and knowledge as well as compliance with security and confidentiality rules.

Know the Final HIPAA Enforcement Rule (as of 16 February 2006).

Tips for Starting At Home Work

Telecommuting from home or establishing your own medical billing and transcription business can be a considerable challenge. It usually requires knowledge of the industry and experience in the field. Taking a look at other businesses similar to the one you would like to own is another very good first step. Steve Verno shares some very helpful insights here: New Clients Marketing.

Be prepared to start your own business by:

developing a business plan

making contacts and networking for clients and customers before you begin your home business

checking on health insurance costs and options

running your business part-time if you need the security of your job

having financial resources if needed to carry you through the first several months of starting your business

reading everything there is on the type of business that you wish to start

About the Author

Lesley Spencer is founder and president of the HBWM.com Network which includes:

WorkAtHomeKit.com

edirectoryofhomebasedcareers.com

hmomsworkathomesite.com

HBWMconferences.com

HBWMcanada.com

HireMyMom.com

She has a Master's Degree in Public Relations and has been featured in numerous media outlets including CBS News, Forbes, Business Week, Parents, Wall Street Journal and USA Today. She has been working from home for over 10 years!

Home Business Checklist

By Lesley Spencer

Once you have decided on your home business you will need to take steps to set it up. The following checklist should help you get your business off the ground.

__ Before you begin your home business, check the zoning ordinances in your area. Call or look online for your city or county government(usually the planning department, building inspector or zoning administrator) to check zoning rules. Your neighborhood also may have restrictions.

__ Decide if you will be incorporated. Talk to a lawyer and check out books on the subject such as, John Kirk, Incorporating Your Business, TPR Publishing. Also decide if you will need patents, trademarks or copyrights on your work.

__ If you will be incorporated, a partnership or have employees, obtain an Employer's Identification Number (EIN) through the IRS. Also if you have employees, call the Employment Commission for information on unemployment taxes you must pay.

__ Determine if you should charge sales tax on your product or service (by calling the State Comptroller's office in most states).

__ Contact your county courthouse. Register your business name. (DBA-Doing Business As)

__ Obtain any state or federal licenses if required by your business.

__ Set up your business checking and savings accounts. You may want to deduct a percentage of your earnings to set aside for taxes. Shop around for banks that don't charge monthly fees (such as credit unions) and some others.

__ Obtain a separate business telephone line.

__ Order business stationary and cards. If you need small quantities, consider using pre-printed paper.

__ Talk to your insurance company about additional insurance to cover your business equipment, inventory, liability, etc.

__ Meet with a CPA regarding tax and accounting issues. They may be able to point out deductions you may be eligible for and help you better understand tax issues.

__ Keep complete and separate records for your business. Record each sale, invoice, receipt, payroll, expense, etc. Keep copies of all receipts, invoices, cancelled checks, etc. Record your business mileage in a daily log book that you keep in your vehicle.

"Home Business Checklist reprinted from http://www.simplysearch4it.com Articles Directory".