Is there a demand for Medical Billers and Claims Processors? How is the competition?
Filing claims electronically takes approximately 48 hours, compare this to an average of 10 weeks for paper claims. The effect of utilizing electronic claims processing can have a tremendous impact on the aging of accounts receivable and an accelerating positive effect on cash flow. There are over 2 million healthcare providers in the US. Only 30% of medical claims are filed electronically. The market is wide-open for someone who wishes to establish a Medical Billing and Claims processing business.
