My darling Marcie will be able to retire two years from now. She and I have been looking into various things that we might do to enhance our retirement income. Medical billing has caught our attention and some superficial research indicates that it might not be a bad deal. If anyone has any experience, or just wants to comment, your input would be welcome.
Thanks in advance for any and all responses.
Don’t know the details but my next-door neighbor runs a quite successful medical billing business from a house they just bought on the other side.
(I live on a corner; they own both houses on either side of me. Sorry, this is confusing). They just bought the little cottage to use for the business and as a guest house for visiting family.
FWIW she’s quite happy with being able to use the tax write-off, as well as controlling the work environment. (She had rented office space previously.) She has two part-time employees who basically flex work times, ergo one extra desk and minimal requirements for parking. That was an issue when it came to zoning.
You might want to check your municipality’s zoning regulations. She had to get a variance as our neighborhood is zoned residential but it just amounted to applying to City Council. There was a public hearing but the whole shebang only lasted about 2 minutes, and she didn’t even have to get up to speak. The main issues were impact on the neighborhood. Since her business wasn’t going to include signage or create a parking hassle, there wasn’t any impact at all. You might want to sound out your neighbors once you get the skinny on the regulations. If they don’t mind your business being home-based you’re good to go.
She’s quite happy with it, FWIW. She’s run the business for some years and it’s quite successful. She can basically make up her own hours, as it’s dead convenient. It’d sure be something worth investigating.
Good luck to you and Marcie, Louis. This sounds like it could be pretty exciting. I could ask my neighbor for more info if you like.
Veb
I would be thrilled if she could pass on how to get started up [I have a computer, and no job…and desperately need a job…I have been doing computer based customer service in 'boiler rooms for State Farm Insurance, US Foodservice and Wells Fargo/ADT since 95…and all 3 of these ended in my job going away from downsizing, division moving out of state or closing entirely=\]
I keep seeing spam for working at home, but shudder at prying the money out of our tiny bank account to only find it bogus…
I would seriously appreciate information…I am tired of job hunting…
I’ll be happy to. They aren’t at home right now but I’ll see if I can catch her sometime tomorrow. She’s very nice, so maybe she’d be willing for me to e-mail her phone number to you. I’ll ask, anyway.
Veb
In the meantime here are some sources a quick Google pulled up. I have no idea how authoritiative they are but at least they seem to give some background about start-ups, avoiding scams, etc.
Veb, I would appreciate all the information I can glean. The subject came up through conversation but when we started looking, we discovered that our local college (St. Petersburg College, St. Petersburg, FL) was actually offering a Continuing Education course for medical billing. Further research revealed that the school was offering the same course that is offered commercially from a certain enterprise. Per the college, the guy/enterprize is reputable, ethical, and a shining example of “how-to-do-it.” The school backs the course 100%. It is kind of costly, but the price includes books, etc. And, of course, the guy sells other books, forms, software, etc., etc. I expect that Marcie will sign up in the next few days even though she hasn’t said exactly that. Thanks for the encouragement and for any further info you might get.
aruvqan, if you would like, shoot me an email and I will give you the url for the company who sells the course. I can’t post it here; I think it violates the rules.