Business Franchises

American Business Systems

When you join American Business Systems (ABS) as a licensee, you gain access to an unmatched suite of revenue cycle management solutions.

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Min. investment

$30,000

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Total investment

$30,000

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Funding support

No
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Coverage

USA
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Franchise Fees

N/A
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Level of expertise

Beginner to Senior

About American Business Systems

For more than two decades, American Business Systems (ABS) has been empowering entrepreneurs to secure medical billing clients with unparalleled success. Their comprehensive training program includes instruction on over a dozen innovative marketing techniques, designed to help new business owners achieve rapid growth. As the nation’s largest network of Certified Medical Revenue Managers, ABS boasts an extensive track record of excellence. Since 1994, ABS has been the leading company in its field, offering exceptional training and support to independent licensees across the country.

What They Offer

American Business Systems offers a range of services designed to support medical billing and practice management for healthcare providers. These services include:

  • Medical Billing: Efficient and accurate billing services to ensure healthcare providers receive timely payments.
  • Electronic Health Records (EHR): Integrated EHR systems to streamline patient records and enhance clinical workflows.
  • Practice Management: Tools and services to improve the overall management and efficiency of medical practices.
  • Revenue Cycle Management: Comprehensive management of the revenue cycle, from patient registration to final payment collection.
  • Coding and Compliance: Expert coding services to ensure compliance with current healthcare regulations and optimize reimbursement.
  • Telehealth Solutions: Technology and support for implementing and managing telehealth services.
  • Patient Payment Solutions: Systems to facilitate patient payments and improve cash flow for healthcare providers.
  • Training and Support: Ongoing training and support for independent licensees to help them grow and succeed in their medical billing businesses.

These services are designed to help healthcare providers optimize their operations, reduce administrative burdens, and improve financial performance.

The Franchise Offering

When you join American Business Systems (ABS) as a licensee, you gain access to an unmatched suite of revenue cycle management solutions. This comprehensive toolbox includes everything you need for effective practice management and cash flow optimization. From claims filing and collections to payment services, electronic medical records (EMR), coding, automated marketing, digital records management, audit services, HIPAA compliance, telehealth solutions, and more, ABS has you covered.

One of the most compelling benefits of becoming an ABS franchisee is the impressive return on investment. Many ABS owners break even within their first year, often with just a single client. With a handful of clients, you can easily achieve a six-figure income.

Why choose medical billing for your new business?

  • Work from Home: All aspects of the business, including training, marketing, data processing, and support, can be managed from the comfort and safety of your home. This means you can enjoy a professional career without the need to commute or invest in office space.
  • Complete Flexibility: ABS offers unparalleled flexibility, allowing you to work from anywhere and set your own schedule. Whether you’re looking to build a part-time business to supplement your income, replace your current salary, or grow a substantial enterprise, ABS gives you the freedom to achieve your goals.
  • Strong Growth Potential: The healthcare industry is booming, with the U.S. Bureau of Labor Statistics forecasting health services as the top sector for growth. Regardless of economic fluctuations, people will always need healthcare, and with 80 million baby boomers retiring soon, the demand for medical billing services is set to surge.
  • High Demand for Services: Doctors in private practice are in constant need of services such as medical billing, coding, telehealth software, HIPAA compliance, audit protection, and comprehensive revenue cycle management. Your expertise will be indispensable to them.
  • No Special Education Required: You don’t need advanced degrees or professional licenses to become a successful medical biller with ABS. The training provided equips you with all the necessary skills, so learning complex billing codes or having prior medical knowledge is not required.

Joining American Business Systems means you’re not just starting a business; you’re becoming part of the largest and most successful network of Certified Medical Revenue Managers in the country. With their proven track record and extensive support, your path to success in the medical billing industry is well within reach.

Who Are They Looking For?

American Business Systems seeks prospective franchisees who possess certain personal qualities and characteristics that align with their values and business model. They are looking for individuals who are:

  • Entrepreneurial: ABS values self-starters who are motivated to build and grow their own business. They should be proactive and driven to achieve their goals.
  • Detail-Oriented: Accuracy is critical in medical billing, so franchisees should have a keen eye for detail and a commitment to precision in their work.
  • Customer-Focused: Successful franchisees should excel in providing excellent customer service, building strong relationships with healthcare providers, and understanding their clients’ needs.
  • Adaptable: The healthcare industry is constantly evolving, so ABS looks for individuals who are flexible and open to learning new systems and technologies.
  • Organized: Effective time management and organizational skills are essential for handling multiple tasks and clients efficiently.
  • Communicative: Strong communication skills are necessary to explain complex billing processes to clients and collaborate effectively with the ABS support team.
  • Tech-Savvy: Comfort with technology and a willingness to embrace new software and digital tools are important for managing the various aspects of medical billing and practice management.

Ethical: Integrity and honesty are fundamental, as franchisees will handle sensitive information and must comply with strict regulations and standards.

The Cost

Prospective franchisees interested in American Business Systems (ABS) will find the financial requirements straightforward and transparent. The ABS Business Package requires a one-time, all-inclusive investment of $30,000. There are no ongoing royalties, support fees, or net worth requirements, and there are no restrictions on territory.

In addition, ABS offers an industry-leading 100% money-back guarantee. If an investor decides within 30 days that the ABS business model is not suitable for them, they can receive a full refund. This unique assurance underscores ABS’ commitment to the success and satisfaction of its franchisees.

Training & Support

When new franchisees join American Business Systems, they gain access to an extensive Business Package designed to generate multiple streams of income. This package includes 12 distinct services such as billing, practice management, and electronic health records. Additionally, franchisees receive a personalized website and over 2,000 pieces of custom marketing material to kickstart their business.

ABS equips its franchisees with a variety of proven marketing strategies to ensure rapid business growth. Some of the key strategies include:

  • Leveraging Medical Sales Reps: Partner with professionals who can introduce your services to healthcare providers.
  • Business Networking Groups: Join local and national groups to build connections and attract clients.
  • Healthcare Expos: Showcase your services at industry events to reach potential clients.
  • Direct Mail Campaigns: Use targeted mailings to promote your services.
  • Navigating Gatekeepers: Learn techniques to get past receptionists and speak directly with decision-makers.
  • Online & Social Network Marketing: Establish yourself as a trusted advisor through digital platforms.
  • Automated Follow-Up Systems: Keep in touch with potential clients efficiently.
  • Lunch & Learn Sessions: Host informative sessions to educate healthcare providers about your services.
  • And Much More: Explore a wide range of other marketing tactics to grow your business.

Live One-on-One Training

ABS offers personalized training workshops that franchisees can attend from the comfort of their own homes. These sessions are scheduled promptly upon joining ABS, and the company provides a 30-day, 100% money-back guarantee. By the end of the training, franchisees are equipped with the necessary tools to secure their first client immediately.

Detailed Training Program

  • Private Online Sessions: Conducted by certified trainers, these sessions offer a complete online training course tailored to each franchisee.
  • Lifetime Access to Training Resources: Franchisees receive ongoing access to a private training and support website featuring over 100 hours of continuing education.

Free Lifetime Support

Post-training, most ABS Business Owners who adhere to the Jumpstart Marketing Plan secure their first client within 30 to 90 days. ABS provides lifetime support that includes:

  • 24/7 On-Demand Support Website: Franchisees have continuous access to a wealth of resources and support materials.

US-Based Support Team: Available by phone and email, this team of experts assists with all aspects of marketing and client retention, ensuring franchisees have the support they need to succeed.

Next Steps

If you’re contemplating pursuing this franchise opportunity, simply send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.

Disclaimer

The information provided on this page is obtained from sources available freely on the internet. No responsibility for factual inaccuracies should be attributed to Franchise Fame.

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