When $x\to\infty$, this fuction reaches the limit value of $\frac{b}{b+1},|b|>1$. But how to get the next term?
I just got an idea. We can set $ {_1}F_1(1;b;x)=f(b,x)=A(b)+B(b)/x$ and substitute it into the PDE that $f(x)$ satisfies and seek for series solution.
The function $ {_1}F_1(1;b;x)=f(b,x)$ satisfies the follow equation: $$ x\frac{d}{dx}f(b,x)+f(b,x)=\frac{d}{dx}\left(x\frac{d}{dx}f(b,x)+(b-1)f(b,x)\right)$$
We remark that we can not replace $b$ with $b x$ at this stage. Because the differential operator will work on $b x$ as well if we do so. Only after we did the differentiation can we make the substitution.
Assuming that the equation is the one in title, change variable $x=\frac 1 y$ to make $$\, _1F_1(1;b x;-x)=\, _1F_1(1;\frac b y;-\frac 1 y)$$ In my opinion, the problem of the next term looks very difficult since $$\, _1F_1(1;\frac b y;-\frac 1 y)=\frac{e^{-1/y} \left(-\frac{1}{y}\right)^{-\frac{b}{y}} (y-b) \left(\Gamma \left(\frac{b}{y}-1\right)-\Gamma \left(\frac{b}{y}-1,-\frac{1}{y}\right)\right)}{y^2}$$ the development of which as Taylor series around $y=0$ does not look to be trivial.
Looking at the plots of the function for different values of $b$ over the range $0\leq y\leq 1$ effectively reveal almost straight lines. So, since $$\, _1F_1(1; b ;-1)=(-1)^{-b} \left((b-1)\,( !(b-2))-\frac{\Gamma (b)}{e}\right)$$ where appears the subfactorial function and knowing the value $\frac b{b+1}$ when $y=0$ we can make an approximation $$B(b)\approx(-1)^{-b} (b-1)\,( !(b-2))-\frac{(-1)^{-b} \Gamma (b)}{e}-\frac{b}{b+1}$$ which is not fantastically good but better than nothing (and, after all, not so bad !).
Instead of using $y=1$, we can use $y=\frac 1e$ and get $$B(b)\approx -\frac{e b}{b+1}-(-1)^{-be } e^{2-e (b+1)} (e b-1) (\Gamma (b e-1)-\Gamma (b e-1,-e))$$
We could continue using $y=\frac 1{ke}$ and get $$B(b)\approx e k \left(e^{1-e (b+1) k} (e b k-1) (-k)^{1-e b k} (\Gamma (b e k-1)-\Gamma (b e k-1,-e k))+\frac{1}{b+1}-1\right)$$ which really starts to be a nightmare.
For sure $A(b)=\frac{b}{b+1}$.
Have fun !