As a result of increased focus on cost reduction, outsourcing health care gained momentum in the last few years. The U.S health care segment is swiftly outsourcing their health care insurance processes. The meteoric development of information technology has greatly eased the heath care outsourcing. It has been seen that the following technologies are outsourced by U.S companies.
- Electronic Medical Records (EMRS)
- Insurance Claims Processing
- Computerized Physician Order Entry (CPOE)
- Inbound Voice Response Systems (IVRs)
- HIPPA Consulting
- Billing and Coding Services
- Transcription Services
- Receivables Management
Due to new technology emerging new inventions daily, many providers face difficulties in hiring and training IT resources. They would rather prefer to concentrate on their core business objective: Healthcare.
The five main reasons why healthcare companies outsource their certain work include:
- Lower operating costs
- Enhance focus on the core competency
- Access to world class capabilities
- Deploy internal resources for other purposes
- Shortfall in internal resources
Outsourcing IT services to a professional service provider offers several benefits. Being a risk sharing partner, the introduced services will be best practice solutions to the healthcare company. This will certainly accomplish improved service levels. In addition, an outsourcing partner ensures to employ required skill sets resources during technological change. Many back office activities in the health care industry can be a perfect fit for outsourcing. As these are process driven and dependent on skilled professionals, they can be managed effectively with defined metrics.
In Rely Services, we offer a medical claims form processing across all medical fields and specialties. Rely Services uses customized emerging technology solution to achieve paperless to electronic file conversion.