ONE HEART, ONE LOVE INC

One Heart, One Love Inc.

One Heart, One Love Inc.

Introduction

The medical Billing One Heart, One Love is a small family based operation this business was established with Inheritance Finances from the Estate of Clarence Durant for his grandchildren.

The idea behind this business is to assist physicians who are currently overwhelmed by the increasing number of billing services and complicated claim forms with third party insurance policy procedures. Management of medical billing currently exists for medical practices and is Services of health professionals to eliminate the tedious detail work, but rarely a means of significantly increasing the profitability of the share offering. One Heart, One Love is a business free for more important tasks, but not the insurance company will be back to back.

National statistics show that about 70 percent of insurance claims, initially submitted on paper are always paid by insurance companies. With an electronic heart, a love Inc. can percent of claims paid increased to about 98 percent.

Objective:

This project will satisfy the following objectives.

Facilitate the prompt payment of services performed by physicians.

Gather all patient information on a weekly basis and print a weekly report for clients.

Provide a convenient solution of billing pattern.

Maintain records of all billed transactions.

Process the insurance claims to be filed.

Services to Be Provided In Brief

Steve and Lily have decided to buy a business opportunity package offered by systems implementing this package includes: the state of the art medical billing and accounting software, unlimited training for the first six months, two years of service support 24 hours - Technical assistance services for emergency, including the complete package of marketing. The four types of reports will be provided like:

Daily transaction claim reports.

Billing reports.

Monthly customer report.

Daily pending transaction reports.

Start up Necessities

Start-up of this Business

Essentials

Initial Expenses

Legal

$200

Office Supplies Stationery

$200

Furniture

$500

Business Opportunity

$6,040

Insurance

$200

Rent

$50

Software

$69

Expensed Equipment

$345

Other

$2,000

Total Initial operating expense

$9,604

Initial Assets

Cash Required

$16,000

Other Current Assets

$0

Long-term Assets

$0

Total Assets

$16,000

Total Necessities

$25,604

Initial Financing

Initial Expenses to Finance

$9,604

Initial resources to Finance

$16,000

Total Financing Required

$25,604

Assets

Non-cash Assets from Start-up

$0

Cash Necessities from Start-up

$16,000

Additional Cash Raised

$0

Cash Balance on Starting Date

$16,000

Total Assets

$16,000

Liabilities and Capital

Liabilities

Current Borrowing

$16,000

Long-term Liability

$0

Accounts Payable (Outstanding Bills)

$0

Other Current Liability (interest-free)

$0

Overall Liabilities

$16,000

Capital

Planned Investment

Owners

$9,604

Investor

$0

Additional Investment Necessity

$0

Total Planned Investment

$9,604

Loss at Initial (Initial Expenses)

($9,604)

Total Capital

$0

Total Capital and Liabilities

$16,000

Total Financing

$25,604

Company Locations and Facilities

Steve and Lily will be using 648 square feet (extra large bedrooms upstairs) of your home. Steve will be the regional office for marketing and accounting operations are used. The regional office will be Lilly for data capture and exploitation of religious, etc. used

Our market position will be full-service business with pricing and reimbursement of individual health. As before, our goal is that to design a single desk for medical practice when it comes to administrative duties. One Heart, One Love Inc. Electronic claims policy is that the costs of personal service based on our work we do and the needs of each ...