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Tag Archives: Outsourcing

Affordable Medical Transcription Outsourcing Services

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The government has increased focus on the healthcare of all citizens resulting in more and more people flocking to healthcare centers for check-ups and follow-up treatment sessions. This has also led to the piling up of medical records that need to be maintained on a regular basis for future reference. Medical professionals find it very difficult to maintain all these records as they are already quite hard-pressed for time. Affordable medical transcription outsourcing services has made lives easier for them.

Cost-effective Solution to Transcription Needs

The medical transcription companies are providing really cost-effective solutions for the healthcare units. The rates they charge are affordable, considering the amount of quality work delivered. In addition to charging low rates, they also help the healthcare units to save money. Healthcare units would have to hire more qualified people to maintain all medical records and this would mean increased expenditure in terms of hiring and regular payments with increased spending on office resources. Apart from this, healthcare units can be assured of good quality transcription as experts are hired by the provider company to do the job.

Accurate and Quick Transcription of All Medical Records

The medical records are transcribed by experienced transcriptionists and then the transcribed files go through a series of quality checks by proofreaders, editors and quality analysts. This increases the accuracy of the documents and makes them almost error-free. The documents are sent over in the form of easily retrievable files to the healthcare units through highly secure websites so that all data remains safe. Reliable transcription companies deliver within 12-24 hours, and the work quality is superior. This helps to save time and prevent any kind of backlog. Daily maintenance of medical records is possible due to the diligent effort of the transcription companies.

Firms providing affordable medical transcription outsourcing services deliver files within a very short time and the work quality is extremely good. The files can be easily retrieved, which makes the work so much easier for medical professionals.

Medical Transcription Outsourcing – MTS Transcription Services (MTS) is a medical transcription service company providing health care facilities of all specialties and sizes with quality medical transcription services.

How To Choose A Good Medical Billing Company For Outsourcing?

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Step to success: Home work before you hire

1.Check if the company is HIPAA compliant. Find if the company is ISO certified
2.Ask them how they secure patients information apart from the HIPAA compliance.
3.Know their experience in the medical billing field.
4.Know their business strategy
5.How many clients do they work for? (know how your job could be done properly without interruption due to external distraction of other clients)
6.Know & analyze the benefits you get from the company
7.Compare the benefits they provide with the benefit you get when you do the job yourself.
8.Know the deadline that they have set up for task accomplishment in each specialty (This is the SLA – The service level agreement, highly important for timely delivery of services)
9.Know the details about the medical billing software they use.
10.Is their technological infrastructure flexible to make changes if required? (In case of adding new clients, process changes etc.,)
11.Confirm their process accuracy % ( errors in the process might lead to delay or denial of payment)
12.Do complete cost analysis. Ask if there are hidden costs
13.Know the basic information about their employees like: How many employees work in the company, how many are certified
14.Is the company supported with the latest technology to perform your function?
15.Does the company work on denial management?
a.If they work on it, know the level of service.

The most important: Know their business continuity plan in case of emergency, disaster or epidemic disease.

How do they continue the business?
Other – to dos while hiring a medical billing company:
1.Keep the agreement clear.
2.Have an eye on the companys performance.
3.Consult how they react to specific business challenges pertaining to medical billing This is important because you can easily understand their business efficiency

In case you have already hired a medical billing company, check if your service provider is doing well:

1.Are they good performers?
2.Do they complete the task in time? (Never do they cross the deadlines)
3.Is the company flexible to your needs and acts smart at the time of emergency? (just like employing more human resources at the time of need and completing the task )
4.Are they providing you proper monthly reports with suggestions on financial improvement? (are they explanative)
5.Does the company stop with medical billing services alone or gives importance to client satisfaction?
6.How much money do they save you?
7.Are they available to you all time, for your queries and business communication?

Tanya Gill is the Public Relations Manager for ecare India based in Chennai, India. She has wide knowledge and experience in the medical industry. ecare India is a leading medical billing company offering end-end medical billing services and is backed by extensive domain expertise, latest technology and dynamic compliance norms. ecare is HIPAA compliant and is the first Indian medical billing company to get ISO 27001: 2005 certified….

Medical transcription outsourcing is a smart choice

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Medical transcription outsourcing has become highly popular due to advancement of technology and the demand for the same in the health care and medical industry. There has been rapid advancement in this field and more and more people have come to believe that transcription is an extremely lucrative profession. This idea has seen a large number of people investing in a transcription business and they have greatly benefitted from the same too. The medical and health care industry demands for transcription companies that can provide quality transcription services and take a heavy load off the shoulders of medical professionals and in the wake of this idea, one finds Medical transcription outsourcing to be highly beneficial.

Medical transcription outsourcing is extremely affordable and a large number of people have realized how effective it can be. This is why one sees a majority of medical institutions outsourcing their work to these firms. In fact, since it is easily affordable and can be conveniently used, a large number of firms abroad have started outsourcing their work to transcription companies in India. If you think of setting up your individual transcription unit in your institution, you will have to put in a lot of time, efforts and money before it becomes fully functional. You will first have to get all the expensive equipments, get man power and train them to use it well and transcript projects rightly. However, all this is already in place in transcription companies and you will get your transcription done for less than half of the total amount if you opt for Medical transcription outsourcing instead.

Medical transcription outsourcing has excellent infrastructure and has a lot of well trained professionals who are experienced to manage your projects well. The equipments used is at par with the latest technologies and the labor force is competent and well trained to handle these machines well and give you flawless and quality work. Their aim is to provide the clients with more than what they expect and they take every step possible in that direction. Also, they ensure that all the work is done before time so that the client does not have any grounds to complain.

Acroseas is a global provider of Transcription services & has been providing top-of-the-line transcriptions services to our clients worldwide. For more info – please log onto www.acroseas.com

Medical transcription outsourcing has efficient professionals

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The health care and medical industry has grown leaps and bounds and has undergone a complete transformation. They have made rapid advancement in every sector and are continuously progressing even now. The rate at which they have improved has made the patients want the best treatments possible. They are not willing to settle for mediocre treatments or services today and the health care industry aims at providing just that. At this rate, it becomes essential for the medical institutions to outsource their work to different departments so that the medical professionals can dedicate more time to the patients and ensure a speedy recovery. One of the major departments that have a very prominent role to play in the medical industry is that of Medical transcription outsourcing.

Medical transcription outsourcing is highly beneficial as it takes off a heavy load off the shoulders of medical professionals and also provides quality services to the clients. These companies understand that if they want to stay at the topmost position in this industry they will have to maintain good relations with the clients and the clients will advertise or tell others about their company only if they receive quality services from the company and are more than happy with the services provided.

Medical transcription outsourcing is extremely affordable and you can get the best services at very cheap rates. Due to its easy affordability and the high quality provided a number of companies abroad outsource their work to transcription firms in India. They get their transcription done at very low rates because there is a huge difference between the currency rates of their country and ours.

Medical transcription outsourcing is very reliable as they do not give out the information to anybody else and see to it that complete privacy is maintained. Also, to provide the best services to the clients, they team of professionals at these transcription companies ensure that every project is closely inspected and gone through so that it is error free. Also the labor force at these companies are extremely competent and transcript your projects extremely well. They are very flexible too in a sense that you will get your transcription done exactly the way you want it to be.

Acroseas is a global provider of Transcription services & has been providing top-of-the-line transcriptions services to our clients worldwide. For more info – please log onto www.acroseas.com

Medical transcription outsourcing to India

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This is because these experts have still not realized what a boon Medical transcription outsourcing is! It is a common practice followed by all medical institutions today that go for Medical transcription outsourcing as it saves them a lot on both the things that they require the most, viz., time and money. Outsourcing cuts down the employment and management costs substantially. This is the main reason why everyone turns to India as the people here are known to be reliable, efficient and trustworthy. In some cases, many medical centers have even reported a forty to sixty percent growth in their revenues after they opted for outsourcing these time consuming, tedious jobs that are of a vital importance. Vital because in many of the countries medical treatments and services are totally run on insurance money and for the processing and approvals of claims, medical reports and other related documents are required.

Today, many services and jobs that were previously undertaken by the medical experts themselves are outsourced to other developing countries as the jobs are done sooner there and also they are done more accurately. Medical billing, processing of medical claims, insurance related documentation and follow-ups and most of the administrative jobs that are related are outsourced mainly because they are very time-consuming and lead to loss of productivity amongst the doctors and medical experts.

Select a firm that specializes in Medical transcription outsourcing and can offer you dedicated service round the clock. Reliability and on time delivery is a must. Also these firms must be HIPAA compliant as that is very important for USA health care centers. Also, confidentiality is given a high priority as these reports are known to contain extremely personal information about patients and also their financial details. This is the main reason why everyone turns to India as the people here are known to be reliable, efficient and trustworthy.

Acroseas is a global provider of Transcription services & has been providing top-of-the-line transcriptions services to our clients worldwide. For more info – please log onto https://www.acroseas.com

Advantages Of Outsourcing Medical Billing

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Medical billing and coding constitute one aspect of the healthcare services that usually takes a lot of time from healthcare providers. Many healthcare providers complain about time management. As much as they want to focus on providing services to their patients, a lot of their time is often given to processing medical bills.

That is why many medical billing companies are now in the industry to help healthcare providers with the process of medical billing. In a medical workplace, it has been difficult enough for health practitioners to stretch out their time in treating their patients ailments. Its probably the reason why there are some health practitioners that do not accept health insurances.

In order for health practitioners to provide service, they need to run a business. Although its not part of their nature, doctors need to earn money to continue their operation. Medical establishments need to earn money to pay their bills and their employees. The reason why many healthcare providers are outsourcing medical billing services is because it provides them advantages aside from getting their bills on time.

Availability

There are many medical billing companies that offer medical billing services and software applications all over the country. One advantage of these companies is that they extend their coverage by catering to different medical professions such as dentistry, cardiology, pediatrics, dermatology, and many more. These medical billing companies also offer a variety of services aside from organizing billing payments.

Reducing cost while improving cash flow

Cash flows are the foundation of many business entities, and healthcare professions are considered as a business at some point. By hiring medical billing companies, healthcare providers do not need to hire full-time accountants to manage their billings. This helps them save money from paying salaries and work redundancy. They will be gathering bills and payments that are important in fueling the business. Bills are automated, which means that doctors will receive payments on a regular basis.

Focusing on the cores

Probably the most important benefit of hiring medical billing companies is that it allows health practitioners to focus on their profession. Doctors do not need to mind how they will be paid. Instead, all they have to do is provide healthcare to their patients and get paid on a given time.

For More Information, please visit our website at www.MedicalBilling4U.com.

Outsourcing Medical Billing and Coding Services

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In the present business scenario, outsourcing medical billing and coding jobs to providers of these services has become a necessity in the healthcare industry.  Majority of the healthcare facilities are facing financial crisis due to under pricing, under coding, or missed charges. By outsourcing your medical billing requirements, you can make a big difference in the way in which your healthcare organization functions.

Are you fed up with increasing denials, ever-increasing operating costs, and declining reimbursements? Are you confused about the continuously changing billing codes? Is your medical billing process eating into your valuable time?  Then outsourcing your medical billing and coding tasks is the best solution to all your problems. It can make your medical practice more efficient.

By outsourcing medical billing and coding, you can

Eliminate all the tedious medical billing and coding tasks
Reduce medical billing costs
Reduce operating costs and improve coding accuracy
Cut down denials
Get paid faster
Increase reimbursement
Enhance your office efficiency
Save your valuable time

Are you looking for medical billing and coding specialists that would ensure time as well as cost savings? If so, there is a wide range of professional medical billing firms that can provide you with the state-of-the-art medical billing and coding services. Typically, the medical billing process includes:

Patient Enrollment
Insurance Enrollment
Insurance Eligibility Verification
Charge Entry
Submission of Claims
Accounts receivables follow-up
Payment Posting
Denial Analysis
Scheduling and rescheduling
Accounts Receivables Management
Report maintenance

When providing medical coding services, the coding specialists scan patient records and assign codes according to the medical diagnosis and specialty. Some of the medical coding services provided by the medical billing and coding companies include hospital/inpatient coding, emergency room e-code evaluation, medical coding audits, DRG/ICD-9-CM coding validations, payer specific coding requirements and CPT Coding.

Medical billing and coding service providers support almost all medical specialties including chiropractic, cardiology, pediatrics, dentistry, radiology, dermatology, nuclear medicine, family practice, general surgery, oral and maxillofacial surgery, occupational therapy, pain management, and more.

Medical Billing Outsourcing – Outsource Strategies International (OSI) is an established medical billing company based in Oklahoma, committed to providing cost-effective and HIPAA compliant medical billing and coding services.

Healthcare Outsourcing Services Is Not Just Medical Billing And Medical Coding

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A while back, when you heard someone refer to healthcare outsourcing, you knew they were speaking about medical billing outsourcing and coding services. Now however, healthcare outsourcing can refer to a myriad of different fields. Healthcare outsourcing companies have diversified their offerings in order to be able to fit into the sometimes overstretched budgets of healthcare providers creating solutions suited specifically for the healthcare industry.

But while medical coding and billing are not the sole areas of focus in the healthcare outsourcing, it is certainly one that requires the most attention among healthcare providers because of the healthcare reform. On the 4th of October, consulting firm, Navigant (NYSE:NCI), acquired healthcare consulting company, EthosPartners Healthcare Management Group (EthosPartners). EthosPartners specializes in physician and hospital alignment, physician practice operations management and physician revenue cycle management. The company cites the need to prepare for the demands of health reform while delivering high quality care, a need that is certainly echoed by many healthcare providers.

Many medical billing and coding companies are preparing for the influx of business in relation to the reform and some are choosing to diversify and expand their offerings in order to cover numerous areas in the space. One such company is outsourcing company and subsidiary of Xerox (NYSE:XRX), ACS, who announced on the 15th of October that they are acquiring healthcare teleservices company, TMS Health from Palm Beach Capital. The Florida based company provides customer care services to pharmaceutical, biotech, and other healthcare-related industries. According to Connie Harvey, Group President of ACS Healthcare Payer and Insurance, ACS is helping pharmaceutical companies make every customer interaction count in a market that spends up to $ 12 billion per year on marketing to its stakeholders, TMS brings strong communication capabilities to the deal. Together, we will save clients money and help them more effectively reach constituents. TMS is the healthcare teleservices provider of seven of the top ten pharmaceutical companies, and who, only four years before had been acquired by Palm Beach Capital for $ 10.5 million. TMS Health counted companies such as AstraZeneca (NYSE:AZN), Merck (NSE:MERCK), and Novartis (NYSE:NVS) as some of its clients during that acquisition.

Indian company Aditya Birla Minacs on the other hand, is going into similar paths as ACS when they advised on that they are also looking for acquisitions in the healthcare space, as well in the public sector. But while ACS acquisition was for a US based company, Birla Minacs is looking towards Europe for its expansion plans. According to Deepak Patel, Aditya Birla Minacs CEO, At the moment, our priority is to build capabilities in core business process in the healthcare and public sector verticals. If we get a firm with a European base it would be an added advantage.

Meanwhile, in the healthcare information technology (IT) space, CACI International was awarded by the Centers for Disease Control (CDC) with a $ 1 billion multi-year indefinite delivery/indefinite quantity (IDIQ) contract on the 19th of October. The contract will focus on providing close to real-time gathering of health information, development of analytic tools, and public health and community collaboration. According to Bill Fairl, CACIs President of US Operations, the contract will allow CACI to, provide credible health information and better protect the health of the public.

It is interesting to see that while outsourcing urges companies to specialize, the outsourcing industry itself, and outsourcing companies as well, are being pushed to diversify their offerings to address the needs of companies. Healthcare is only one industry but certainly, it presents a multitude of opportunities as well.

Audrey B is a Strategic Solutions Group Executive of Infinit Outsourcing, a medical billing outsourcing and medical coding outsourcing provider that puts together a boutique approach to give small to medium and large companies a long-term competitive advantage.

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Medical Coding – Plus Points of Medical Coding Outsourcing

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Medical coding service is a grand outsourcing field in healthcare industry. Practitioners and hospitals are outsourcing to get various benefits. Professionals are giving more focus and attention to medical coding for easy and quick reimbursement. They are outsourcing to make their clinical staff free from non-core activity and increasing efficiency in clinical task.

Accurate coding is in high demand because insurance companies either government or private only accept the claim if codes are correct. If hospitals or individuals want precise coding, they have to hire professional coder for such. One can also get benefit of all such by outsourcing the task to specialized company.

Clinics and hospitals are utilizing their clinical staff for coding. As a result, they have to suffer from staff inefficiency, low reimbursement and turn-around time. The outsourcing can improve the claim payment turn-around time and the efficiency of clinical staff. The expert at coding company can assign various codes to disease, symptoms and process quickly and effectively.

Through outsourcing medical coding, one can get various advantages:

Huge Cost Benefit: Healthcare provider can save up to 60% of cost by choosing appropriate outsourcing company to complete task. You can directly save the cost of staffing, infrastructure, technologies and stationery. One can also get the solution at cutting rates so you can get double benefit by outsourcing.

Correctness and Trustworthiness: The remote companies have certified or experienced medical coding specialists who manage the accuracy. They are using latest technologies to improve the speed. The outsourcing partners are following HIPAA rules and regulations so there is completely trustworthiness.

Transparency: The medical coding companies do follow the complete transparent method while delivering the output. Most of the reputed companies maintain the transparency. It will help them to gain trust and reliability from the clients.

There are numbers of medical coding companies available in the market to fulfill your requirements. Make sure that you are choosing the one which fits into the criteria. Before outsourcing medical coding requirements to particular company, you must go through whole profiles. You can also ask colleagues for better company. You can also ask for few hours free to check the efficiency of company.

Ray Charles likes to write on medical related topics. He is currently affiliated with Medical Billing-India, a company providing medical billing and medical coding

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