AMERICAN BILLING SYSTEMS PATRICK PHILLIPS IS A TOTAL SCAM AND A FRAUD I am posting this in an effort to help those stay at home moms, dads or any other person wishing to enter into a legitimate honest, ETHICAL business. I have discovered that American Business Systems, also known as American Business System is nothing but a scam. The only one that will truly make money here is Patrick Phillips and his little family that runs the show!. (and they don’t run it well either….most of the ones I interviews did not even have a CLUE about the medical billing industry and the software technology out there) Here is what I believe ABS Patrick Phillips is nothing but a professional high level marketing expert that has found a way to suck innocent people into investing in his pathetic medical billing business. He has a very alluring manipulative website. At first glance, I was impressed until certain issues started popping right out at me. And as they say, the old “to good to be true” started tumbling around in my brain! The excitement slowly turns to disgust when I began doing my DUE DILIGENCE! What led me to do so, I personal friend of mine invested in his scam and is out over $20,000.00. I actually thought of going into business with him. This thought quickly disappeared after I discovered the outrageous HIDDEN fees that Patrick Phillips and His ABS business makes in addition to your initial investment. Medrium/ Software FEES w ABS Licensess will pay MEDRIUM/ ABS the following fees: ABS call their fees a rebate . I would rather call it a kickback : $100.00 per month (this is going up in the near future) maybe as much as $200.00 To process 300 claims per month. Then you are charged $1.25 per claim (301 to 500) then you are charged $1.00 per claim (501 on up) PER MONTH If you use their financial calculator and decide how much you want to make by using the above per claim fee you will discover that you will be paying them in excess of $1000.00 per month and perhaps up to $2000.00 per month to use their virtually obsolete antiquated software system. Do yourself a favor my friends, go to school and get your education, trust me. Short cuts like this one keeps you chained to PATRICK PHILLIP AND ABS fore ever. HE will not only have control over the software and the components YOU WILL BE ALLOWED TO USE. He also has total control over what he can charge you. I calculated he currently HAS CONTROL OF 20% OF YOUR SALARY. Once you sign a doctor on his system that’s when he’s gotcha!. And the idea of switch a medical practice from one system to another is not an easy task to do once they have taken the time and energy to learn the pathetic system ABS incourages you to use. He know that!!! and if you are a smart person you should know this as well. I can go into that further but that’s another story. For now let me stick to the facts of this business scam. AMERICAN BUSINESS SYSTEMS LLC FORMALLY KNOWN AS AMERICAN BILLING SYSTEMS HAVE LIED ABOUT THE SOFTWARE/MEDRIUM . AMERICAN BILLING SYSTEMS will sell you $20,000.00 business opportunity that doesn’t have full and unlimited rights with the software company they use. That software vendor is medrium. They will tell you they have NO HIDDEN FEE HERE IS A DIRECT QUOTE FROM AMERICAN BUSINESS SYSTEMS “DUE DILIGENCE” REPORT PAGE FOUR “ABS GETS PAID ON THE SERVICES YOU OFFER(PAID AS REBATE FROM THE CLEARINGHOUSE, AND ON THE TRANSACTIONS PROCESSED BY OUR TECHNOLOGY PARTNERS)” HERE ARE THE FACTS (THE INSIDE FACTS FROM A MEDRIUM EMPLOYEE) YOU WILL BE PAYING OUTRAGEOUS FEES TO USE THE MEDRIUM SOFTWARE THEY HAVE PARTERNED WITH. WHY? ABS NEEDS MORE MONEY! READ THE VERY VERY VERY SMALL PRINT ABOUT FEES TO THE CLEARINGHOUSE!!!!! THEY SAY THAT YOUR INITIONAL INVESTMENT IS ALL THAT YOU WILL NEED!!! WRONG!!!!! FALSE!!! AND TOTAL MISREPRESENTATION YOU WILL PAY NOT THE CLEARINGHOUSE BUT MEDRIUM/ABS MONTHLY FEES IN ADDITION TO YOUR INVESTMENT IN FACT THE MORE YOU MAKE THE MORE YOU WILL PAY HIM!!! He like to go after the STAY AT HOME types, because for the most part (no offense to anyone out there) he hopes you are not knowledgedable about BUSINESS OWNERSHIP AND HOW TO START-UP A BUSINESS, contract negotiation etc. Trust me its very easy, go to the library or the internet. Read read read. ABS will tell you this after you pay them the $20,000.00 trust me I KNOW THIS FOR A FACT!. I have their DVD of their classroom session!. Patrick and Marylyn(the licensee turned instructor or should I say marketer...instructor she is NOT) WILL MAKE YOU FEEL LIKE YOUR ARE THE MOST IMPORTANT PERSON IN THE WORLD TO THEM. Why not Marylyn gets a reduction of overall fees for helping him out in his well thought out high level marketing scam. Your cost in fees will cost you on average of over $2000.00 a month that’ OVER 25,000.00 A YEAR IN FEES ALONE IF Y