When it comes to outsourcing medical billing and coding services, India is the top destination that comes into the consideration of most US healthcare companies. Staying up to date in the latest technologies is one of the main reasons for India to emerge as a major hub for outsourcing healthcare services. When compared to other nations, India provides the best quality in medical billing and coding services at a competitive fee. The benefits enjoyed by healthcare companies outsourcing to India don’t just stop there. This article elaborates on so much more:
US Healthcare Updates:
With the recent healthcare changes that revolutionized the US healthcare industry, it became a huge challenge for many medical billing companies to concentrate on their core medical billing functions. As a result, there was an increase in denials and a delay in reimbursements. The revenue cycle management of most medical billing companies faced a huge downfall. As offshore vendors in India have a better understanding over the ever changing healthcare updates happening in the US by constantly investing in training, they carryout medical billing and coding services based on the new standards. Also, they help reduce billing denials, fasten AR follow-ups,cut down costs and increase cash flow by providing quality service with certified coders & experienced billers.
Easier Transition:
Today, many Indian medical billing companies possess avant-garde technology, work flow management tools and latest software systems. Therefore, healthcare outsourcing companies need not worry about providing intensive training. The transition will be smooth and easy. The workforce will not be replaced. Instead, the Indian offshore vendors will work like a virtual back office offering as an extensive support.
Faster Turnaround Time:
One of the key advantages of outsourcing to India is its time zone that falls 12-14 hours ahead of the US time zone. Therefore, medical billing and coding services can be carried out and delivered before the scheduled turnaround time.
Enrollment and Provider Credentialing:
Claim rejections happen not only because of poor medical billing and coding services but also due to enrollment and credentialing issues. With an experienced Indian offshore vendor on-board, medical billing companies can be hassle free and focus on their core billing functions. Right from preparing application forms, compiling, verifying and submitting certificates & documents to overseeing enrollment formalities, maintaining records and processing re-credentialing, the vendor will take care of all the services till the provider get credentialed by the payer.
Security:
Most offshore medical billing companies in India were established 20 to 30 years back, hence they are highly experienced in the US healthcare operations. In addition, they also ensure topnotch security to the outsourcing companies.Many are ISO certified for Quality process and information security management and fully HIPAA compliant.
Business Continuity:
Continuing with the business operations during times of emergency is a huge challenge. However, if US healthcare companies choose to outsource to Indian vendors, they can focus on bringing new business on –board and expand their clienteles in short period.Most offshore vendors in India have Disaster Recovery Centers set up as part of their operations . They ensure medical billing and coding services run smooth even during emergency situations.
About e-care India:
Summing up, e-care India,one of the renowned offshore vendors in India has been offering all the aforementioned benefits for several years! It has 3 offshore medical billing delivery centers to provide medical billing and coding services to its clients. Also has security certifications including SSAE 18 as an added advantage than other billing companies. Acting like a virtual back office from India, e-care will continue to provide its endless support 20/6. To know more about e-care and its services, log on to www.ecareindia.com.