Company Overview

About ClaimTek Systems

Industry Business Opportunity
Related Categories Business Opportunity
Founded 1993
Corporate Address 3943 Irvine Blvd., #39
Irvine, CA 92602
Sponsored Content

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

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

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

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

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

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

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

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

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)
# 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 Information Circle
$29,995 - $49,995
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
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? Information Circle
N/A
Can this business be run from home/mobile unit? Information Circle
Yes
Can this business be run part time? Information Circle
Yes
Are exclusive territories available? Information Circle
No

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

From Boxing to Pilates to Personal Training — Explore the Top 15 Fitness Franchises of 2024

Flex your franchise muscle and discover today's powerhouse fitness franchises, where sweat meets success in every rep.

Franchise

Doner Shack is an Award Winning Franchise in the Multi Billion Dollar Kebab Market!

Doner Shack offers the most advanced kebab operating system in the world. Comparable to the revolutionary conveyor oven in the pizza industry, our robotic kebab machines offer game-changing innovation

Franchise

Private Equity Giant Blackstone Acquires Jersey Mike's Subs for $8 Billion

This move solidifies Blackstone's ongoing interest in high-growth, fast-casual franchises and marks a pivotal moment for the beloved sub chain.

Franchise

5 Founders Who Transformed Franchising — And the Powerful Lessons Behind Their Success

Each of these franchise founders faced setbacks that could have ended their dreams. But they pushed through, creating brands that today feel like a part of our daily lives.

Franchise

The Secrets to Finding Your Franchise Match

These are the three most important things you need to know when it comes to finding the best franchise to own.

Franchise

After 4 Challenging Years, Here Are 3 Ways the Incoming Trump Administration Can Revitalize Franchising

The President of the International Franchise Association explains 3 ways the incoming Trump Administration can revive the franchise model.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022