Company Overview
About ClaimTek Systems
Industry | Business Opportunity |
---|---|
Related Categories | Business Opportunity |
Founded | 1993 |
Corporate Address |
3943 Irvine Blvd., #39 Irvine, CA 92602 |
More from ClaimTek Systems
The Best Place to Start Your Medical Billing Business
Why Medical & Dental Billing is the business for you...
Outsourced medical billing is an emerging business with enormous opportunity and rewards for those who dive in and learn the industry. ClaimTek provides you with every element needed to get started on the right track: Advanced Software, Personal Training, Effective Marketing and On-going Support.
Booming Industry
![](https://assets.entrepreneur.com/static/20181227091234-boomingbusiness.jpg)
The number of doctors in the U.S. is large but the demand is even larger. According to the Federation of State Medical Boards’ publication, A Census of Actively Licensed Physicians in the U.S. 2018 Edition, there are currently 970,090 physicians in the U.S. Our census data demonstrates the total population of licensed physicians has increased by 10% since 2012, and the nation, on average, added 12,168 more licensed physicians annually than it lost.
The U.S. medical billing outsourcing market value is projected to go from $3.46 billion in 2018 to $7.8 billion by 2026 according to Grand View Research.
Flexible Structure
Work electronically anywhere, anytime. Work from home, an office, or while you travel. ClaimTek customizes your 1-on-1 training and business development based on your needs. Owner/operator or enterprise-style business models available.
No Experience Necessary
No previous experience in health care or special training/licenses are required to own your billing business. ClaimTek provides years of on-the-job training and professional branding for instant credibility.
Affordable Startup
![](https://assets.entrepreneur.com/static/20181227095834-blog-Growing-Business-Needs-Funding.jpg)
ClaimTek offers three levels of professional entry into the Medical Billing & Practice Management business. Each level includes our advanced MedOffice software plus various degrees of training, marketing, support, and the ability to offer ancillary practice management services.
Available Programs:
- Principal Program: $29,995
- Preferred Program: $39,995
- Director Program: $49,995
Enormous Income Potential
![](https://assets.entrepreneur.com/static/20181227092735-hprofitable.jpg)
Medial & Dental billing is already a lucrative industry, and ClaimTek's low-overhead business model offers industry-leading profit margins. With ClaimTek you have access to 12+ revenue streams. Just a handful of clients can generate a six-figure income.
Sample Projections:
- 2 Clients (Doctors): $51,840 / Year
- 4 Clients (Doctors): $103,680 / Year
- 6 Clients (Doctors): $155,520 / Year
- Imagine the possibilities with 50 or more clients!
Low Operational Cost
![](https://assets.entrepreneur.com/static/20181227095135-1151571.jpg)
As a professional service with a lean business model, a ClaimTek medical billing business requires very little overheard even when scaled to a large, enterprise level.
Operate with…
- No Premium Location To Hunt
- No Big Spaces To Rent
- No Franchise Fees
- No Royalties
- No Fancy Equipment
- No Large Payroll or Staff
- No Excessive Monthly Software Fees
- No Previous Experience Necessary
Why ClaimTek?
Ownership And Development
![](https://assets.entrepreneur.com/static/20181227080845-822-300x242.jpg)
ClaimTek started as and remains a strong billing company to this day, and we are the developer and owner of our software applications. As a result, we have intimate knowledge of the needs of a billing company and the ability to customize additional software features as necessary in our licensees’ best interest.
We Empower You
![](https://assets.entrepreneur.com/static/20181227082346-empower-300x216.jpg)
Don’t get stuck as a one-solution software re-seller for some other company. Our marketing & client acquistion strategy allows you to work with any practice in various ways depending on their needs and current setup. We provide comprehensive medical billing and business training that is customized to every specialty and facility you bring on board. Our professional marketing tools and strategies get to the heart of what a provider is looking for in a billing company so they’ll be amazed at how easy it is to work with you. We’ll teach you all about software functionality, marketing intricacies, effective presentations, and daily operations.
We Make It Easy To Make Money
![](https://assets.entrepreneur.com/static/20181227085146-makemoney-300x228.jpg)
ClaimTek’s software cost of ownership is the lowest in the industry, which means more profits in your pocket. For example: If you use ClaimTek’s Cloud software and have 5 doctors to bill for, your cost can be as low as $99 per month compared with around $1,300 per month with competitive systems. We don’t charge per doctor, per month as most other software companies do.
State of the Art Software
![](https://assets.entrepreneur.com/static/20181227082047-software-2-300x218.jpg)
Medical, Dental, and EHR! ClaimTek’s programs integrate modern medical and dental billing software along with robust EHR and ancilliary systems designed to increase efficiency and add more clients to your book of business.
ClaimTek Licensee Testimonials…
Business Overview
Offering Opportunities Since | 1994 (30 years) |
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# of Units | 2,000 (as of 2024) |
|
Additional Information
Here's what you need to know if you're interested in opening a ClaimTek Systems.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the parent company charges throughout the life of the business.
Initial Investment
|
$29,995 - $49,995 |
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Is business term renewable? | N/A |
Training & Support Offered
Business opportunities offer initial training programs and a variety of ongoing support options to help licensees/dealers run their businesses.
Additional Training | Training By Phone; Training Video; Training Manual; Training at Lic Loc |
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Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Sales Leads
Advertising/Marketing
Technical Support
|
Operations
Additional details about running this business.
Is absentee ownership allowed?
|
N/A |
---|---|
Can this business be run from home/mobile unit?
|
Yes |
Can this business be run part time?
|
Yes |
Are exclusive territories available?
|
No |
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