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STEPS YOU CAN TAKE TO PROTECT YOURSELF WHEN LOOKING FOR A MEDICAL BILLING OPPORTUNITY
Medical billing opportunities, medical billing software sales, and other medical billing websites, medical billing books, etc.. should all be evaluated. Take the following advice:
Here is an example of medical billing gone wrong: These medical billing individuals and two corporations, operating in Reno, Nevada, were cited by the Federal Trade Commission as part of "Project Housecall," have agreed to settle FTC charges. According to the terms of the settlement, each of the individual defendants must post a $200,000 performance bond before participating in the sale of any franchise or business venture. In its complaint, the FTC alleged that the defendants misrepresented, among other things, the earnings potential of their medical and dental billing business opportunity, and violated the FTC's Franchise Rule. In addition to the bond requirement, the defendants are prohibited from future violations of the Frachise Rule.
In December 1997, the FTC announced “Project Housecall” -- a federal/state mini-sweep to crack down on the bogus practices of medical billing business opportunity operators. The FTC filed its complaint in federal district court naming Steve Shelton, Lynne Shelton, Gary White, Leslie White, National Electronic Healthcare Corporation, and Electronic Healthcare Products, Inc. According to the FTC, the defendants sold billing center packages, consisting of the defendants’ software, training and other assistance to consumers who were supposed to start a business and earn substantial income by electronically processing insurance claims for doctor and dentist clients. The complaint alleged that the defendants misrepresented the earnings potential of their medical and dental billing center opportunities. They also violated the Franchise Rule by failing to provide prospective purchasers with a complete and accurate disclosure document or an earnings claim document.
- Be skeptical about earnings claims that sound too good to
be true. The "bait" on the "hook" of
a business opportunity scam is that a person with no
experience may be able to work only a few hours a week
and earn $50,000, $100,000 . . . or more . . . a year.
The truth is that making money almost always requires
hard work . . . and lots of it.
- Exercise caution when it comes to newspaper and magazine
ads that contain little more than glowing promises and an
"800" number. This is very likely a
"come-on" pitch to lure you into calling a
high-pressure telemarketing boiler room operation! Keep
in mind that just because an ad appears in a reputable
newspaper or magazine does not mean that the information
it contains is accurate or legitimate.
- Obtain and review the required disclosure document before
money changes hands. Keep in mind that business
opportunity and franchise promoters are required to
present you with a disclosure document before you sign a
contract or pay a fee. If this document is not made
readily available, beware!
- Make sure that the business opportunity has complied with
applicable state registration laws. Even if a business
opportunity promoter complies with the laws in your state
governing such deals, there is no guarantee that you will
make money. However, it is one easy way to screen out
bogus operators who are trying to "fly below
radar" in order to evade detection by regulators.
- Talk to current investors . . and watch out for
"singers." You should always take the time to
speak with several people who are current investors in
the business opportunity that you are considering. The
disclosure document must contain a list of the business
opportunity's current operators. But be on your guard! A
scheming promoter of a bogus business opportunity may
line up "singers" who provide phony
testimonials. You should visit their business sites, as
well.
- Research the business and the market. Make sure that you
have a clear grasp of how the business opportunity will
work and what demand (if any) there is likely to be in
your territory. Don't rely only on glowing promises from
telemarketers who claim that consumers are clamoring to
get your product. In one case where a business
opportunity claimed to have a "worst case" net
return of $1,220 a month, investigators found that the
investor who was doing the best only made about $200-$300
monthly.
2K Medical Billing Software
Offers medical billing software for private practices and billing services. Features Lytec Medical 2004 and Lytec Dental for Windows.
Lytec Medical 2004 Billing Software
Lytec medical billing software is one of the best practice management software on the market today ... Lytec Medical Billing Software. Home | About Us | Contact Us ... NDC Lytec 2004 Medical Software. Lytec Medical 2004 ...
Medical Billing Software - Lytec Medical Billing Software
Best pricing on Lytec Medical Billing Software, Dental & Chiropractic practice management & Electronic Medical Records (EMR) software. Download Medical Billing Software for FREE. ... Medical Billing Software from. Lytec, MediNotes, AltaPoint, and more! Medical Billing Software from ProDoc Software ...
Review: medical billing software to go.
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Medical Billing Software - Lytec Medical Billing Software
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Lytec Medical Billing Software
Home page for Medpipes provider of Lytec Medical Billing Software ... Medpipes_ - We feature Lytec Medical, Medinotes and AltaPoint Medical Billing Software. computer support services ... site is to inform you of our medical billing products and services ...
Lytec, AltaPoint Medical Billing Software
AltaPoint and Lytec sales, expert support, training, and data work. ... APT offers medical billing software, electronic claim submission software, training & support ... Medical Billing & Practice Management Software. Click Here to Learn. More about Lytec?????? ...
Medical Billing Software - Free Downloads of software for medical billing
Complete medical billing software solutions featuring Medisoft billing software, Lytec medical software for billing and electronic claims. ... Welcome to our Medical Billing Software site ... Our Medical billing software lineup consists of Medisoft Patient Accounting and Lytec Medical software which are ...
Lytec Medical Billing Software
Lytec medical billing software ... NDC Lytec Medical Billing Software. Lytec Medical Software. We are pleased to introduce Lytec Medical XE - the latest ...
Medisoft Healthcare Software - Medical Billing Software
Medisoft medical billing software is the best billing healthcare software available for physicians.
NDCLytec Official Web Site
... perfect combination of proven software and personal service makes ... Additionally, important software updates and other downloadable ... register, visit http://www.lytec.com/DemoEvent/. ...
Lytec and AltaPoint Medical Billing Software
Software for medical billing and practice mangement by Lytec and AltaPoint. Sales, expert support, data conversion, and other related products and services are available from AgileProTech.com ... Medical Billing Software Available Through APT. APT is a Certified Value-Added Reseller of NDC Lytec?????? 2004 ... source for the Lytec?????? or AltaPoint_ software products and services ...
MediPro: Medical Billing Software & Practice Management Software Featuring Lytec Medical
Medipro offers Medical Billing Software for physicians and chiropractors, and specializes in Lytec Medical's billing solutions. We also offer practice management software including electronic medical records management solutions. ... Lytec Medical and Chiropractic Billing Software provides healthcare professionals with effective billing ...
Lytec Medical Software Features
Lytec page for Medpipes provider of AltaPoint and Lytec Medical Billing Software ... defined views: personalize your billing screen and lookup screens ... earlier version of Lytec Medical, click here to view ... Eligibility. Lytec software provides the insurance eligibility ...
Lytec and AltaPoint Medical Billing Software and Dragon Voice Recognition Solutions
Lytec Medical Billing and AltaPoint Practice Management Software, Dragon NaturallySpeaking and Naturally Speaking Voice Recognition Software, Electronic Medical Records ... solve the top 10 medical billing problems which can hold your ... Medical billing can be streamlined using Lytec or AltaPoint medical billing and practice management software. We can ...
Complete Medical Billing
Offers medical billing software and upgrades for MediSoft and Lytec, including training and demo versions.
Lytec Medical Billing Software
... Lytec Medical Billing Software Resources: Additional Lytec Medical Billing Software Resources ...
Medical Billing Software
Medical Transcription Jobs - The Open Community Forum for Medical Transcription Jobs ... 2K Medical Billing Software - Lytec Medical Billing Software. Medical Billing Software for Private Practices and billing services, provided by 2k Medical Billing Software ...
Lytec Medical Billing Software Sales and Support
... Although, our core software support is with Lytec Medical Billing software, we are prepared to support any ... outdated version of Lytec or Medisoft medical billing software to a HIPAA ...
Billing Lytec Medical Software
... Billing Lytec Medical Software Resources: Additional Billing Lytec Medical Software Resources ...
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