Medical Billing Course.com and Medical Billing Business Resources have experienced rapid growth in the past six months.  Tammy Harlan, CEO of Medical Billing Course, LLC attributes the rapid and substantial growth to several factors, but names a few as the primary reasons for the growth.  “Since Spring 2008, we’ve noticed that many of our new students and new business owners are individuals opting to leave their current positions in other industries”, says Tammy.  Tammy states that many new medical billing students and medical billing business owners are now coming from the housing market, real-estate, mortgage lending, construction and manufacturing firms and retail, due obviously, to the continued slump occurring in these markets. 

In one of the chapters of our medical billing course, we jokingly tell the student to “take a break – head out to Starbucks and get some coffee”, but some of our students may need to drive a bit further to reach a Starbucks if the one down the street from them is among one of the underperforming coffee houses that has or is scheduled to be shut down.  This is just a sign of our economic times.  

It seems that individuals who currently hold positions in areas that are subject to extreme economic vulnerability (housing, real estate, mortgage lending, manufacturing, retail, etc.)  or who have already been laid off are doing their research and are finding strength and security in the healthcare industry boom.   

According to the section entitled, “Tomorrow’s Jobs” by the U.S. Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2008-09 Edition:  

Service-providing industries. The long-term shift from goods-producing to service-providing employment is expected to continue. Service-providing industries are expected to account for approximately 15.7 million new wage and salary jobs generated over the 2006-2016 period, while goods-producing industries will see overall job loss. 

Education and health services. This industry supersector is projected to grow by 18.8 percent, and add more jobs, nearly 5.5 million, than any other industry supersector. More than 3 out of every 10 new jobs made in the U.S. economy will be in either the healthcare and social help or public and private educational services sectors. 

Healthcare and social help—including public and private hospitals, nursing and residential care facilities, and individual and family services—will grow by 25.4 percent and add 4 million new jobs. Employment growth will be driven by increasing demand for healthcare and social help because of an aging population and longer life expectancies. Also, as more women enter the labor force, demand for childcare services is expected to grow. 

Public and private educational services will grow by 10.7 percent and add 1.4 million new jobs through 2016. Rising student enrollments at all levels of education will make demand for educational services. 

Professional and business services. This industry supersector, which includes some of the fastest growing industries in the U.S. economy, will grow by 23.3 percent and add 4.1 million new jobs. 

When you take these statistics and place them together, (i.e. growth in healthcare, growth in service oriented businesses, growth in professional and business services, growth in educational services) amidst a slump in many other industries, you can see why we are experiencing sudden, rapid growth.  “I reckon people are tired of waiting around to see if things will get better, and they are deciding to take their future, security and financial well-being into their own hands by educating themselves in facets of the healthcare industry, including medical billing”, says Tammy.  Upon completing the course, a part of our graduates go on to pursue a career in medical billing, while others go on to start their own home-based medical billing business. 

When you add even more statistics, trends and economical changes into the mix, having to do with: 

Gas Prices

Childcare Risks and Costs

Parents desire to stay at home and raise their children

It becomes obvious as to why more and more individuals are beginning their own small/home-based businesses.  Small businesses make more than two-thirds of all new jobs.  Do you reckon that with a statistic such as this, programs geared towards assisting and protecting the small/home-based business are now and will continue to be implemented?  Of course they will and that is just another reason why beginning a small business isn’t as scary as it used to be.  I believe it’s really scarier now to rely on corporate America for employment, pensions and security than it is to become self-sufficient in your own small or home-based business.  The economy needs small business. 

On June 4, 2008, the Senate approved $101 Million Budget Increase for Small Business Programs that will benefit America’s entrepreneurs.  You can read more about these programs by going to:  http://sbc.senate.gov/topic_record.cfm?id=298726&.  I predict that we will see many more programs, like these, geared towards the help and protection of small and home-based businesses. 

Entrepreneurs such as real estate brokers/agents and mortgage lending company owners are transitioning well into medical billing business ownership.  According to Tammy Harlan, “They are naturals.  They are used to dealing with the needs of multiple clients from all backgrounds.  They are not intimidated when dealing with physician’s, maybe because they have lent money and/or sold houses to physician’s and realize they are – just people – like everyone else.” 

“This is an exciting time for us”, says Tammy, “Because of the services, support and products we provide, we are able to watch a student go from beginning a course in medical billing to signing a client in their own medical billing business!”  Ammie Lyons, Student Services Coordinator for Medical Billing Course.com remarks, “There just isn’t anything as rewarding as watching a person learn, develop and educate themselves in medical billing and then turn that into a successful business or career for themselves!  It’s very fulfilling to watch!” 

Medical Billing Course, LLC (www.medicalbillingcourse.com) provides Online Medical Billing Course Programs to the public and to several colleges in the US.  Medical Billing Business Resources (www.medicalbillingbusinessresources.com) provides “All-Inclusive” Medical Billing Business Packages to those wishing to start a Medical Billing Business. 

For more information, call (865) 286-9124.

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Sixty-two-year-ancient Linda Casebeer seems to be going only up from here. Working within a variety of industries including education and medicine, she has made a research methodology and company-assessing the outcomes and effectiveness of continuing medical education-that keeps growing despite a struggling economy. Her clients include the who’s who of huge pharma-Pfizer, Genentech, Abbott and health advocacy groups such as the American Heart Association.

Now that all of her children are grown, Linda has been able to take both entrepreneurial and personal risks, including getting her book of poetry, The Last Eclipsed Moon, published. Though her passions early in life involved being in the classroom and later upon the medical field, she found ways to incorporate entrepreneurism with her like for education.   

After graduating from North Carolina State University with a degree in political science, Linda first started working as a 3rd-grade teacher.  Linda was fired from her teaching job because she was pregnant, a representative sign of the times in America and a then-commonplace practice against women in the workplace. Striving to be her best, she returned to school to get a master’s degree in education from The Citadel as well as a master’s in Instructional Systems Technology at Indiana University.

While finishing her coursework for a PhD from Indiana University in 1985, Linda started working in a large teaching hospital, where she was promoted to its academic affairs division devoted to educating healthcare professionals. After 10 years, Linda was recruited to conduct research at the University of Alabama Medical School in the division of continuing medical education. While at the university, she conducted randomized educational trials to see what continuing medical-education programs were most effective. At the time, she was part of a team compiling years worth of data that often went unread, and the largest spenders-the large pharmaceutical companies ($1 billion to $2 billion a year)-were paying small attention to programs that worked and those that did not.

In 2001, this research led Linda to found what is today known as Outcomes Inc. Though her company has succeeded in large part on its own merits, she acknowledges that governmental policies helped make a market for her services. The business accelerated when the Office of the Inspector General advised pharmaceutical companies to split their marketing activities from educational programs. Yet past the early stages of starting her business proved to be some of the most hard, particularly extending work beyond the initial startup phase. She had to relinquish some control: “Due to expansion, I could no longer personally make sure that everything going out the door was high quality.” Even today, she laments that “systematizing the business model continues to be more complex, intricate and demanding than ever.” Managing growth remains the largest hurdle with her company.

Despite setbacks, Linda reveals that she is still hooked on the adrenaline of the entrepreneurial spirit, feeling that she never knows who she will interact with on any given day. In addition to learning aspects of herself in the process, she has also learned how to better keep close to her family. Having her daughter as her first employee had its benefits but also drawbacks. Though comforted that she could completely trust her daughter in hard business decisions, she acknowledges that being with family so often can be a challenge: “By the time Thanksgiving comes, we don’t have to argue; we have already been through all of that.” She warns anyone who works with family to recognize that “the things you appreciate about your family sometimes get lost in the daily shuffle.”

Outcomes Inc. employs 30 people, while revenue has consistently doubled in each of the last three years to over $9 million. While such growth speaks for itself, Linda cautions other entrepreneurs to make sure to “have a complete and consistent business plot from beginning to end and don’t skimp on working with excellent advisors.” She credits a part of her success on the changing state of the economy, asserting that her business helps people to spend money more efficiently, telling companies where and how they should target their spending. Though still excited with entrepreneurism, she feels that among her most life-changing experiences has been with poetry. She feels that poetry has been “an artistic piece of the universe that is central to my soul and being.”

The highly educated president of a multimillion-dollar company, world-renowned clients, a mother of four and published poet… what have you done today?

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TopNews United States Medical Marijuana Business Establishments Mushrooming All Over TopNews United States Reports have revealed that medical marijuana dispensaries are mushrooming across all major cities of Colorado, rapidly rising in number like cafe, … Margin notes Snowmass Sun Online News all 6 news articles??

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Indiana Health IT Company to Add Jobs Inside INdiana Business (press release) The developer of electronic medical record systems for cardiology practices plans to invest up to $2.1 million in the project. In a Studio(i) interview, … Health care tech firm Gemms adding 69 jobs Indianapolis Business Journal GEMMS, Inc, a Health IT Company, to More than Double Workforce Manufacturing & Technology eJournal (press release) all 3 news articles??

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