With the progression of avant-garde technologies, the healthcare industry has been perceiving tremendous growth in recent times. The increasing patients’ demand for reasonable care adds more fuel to the growth of the industry. US medical billing companies and Providers are under massive pressure as they have to process error-free medical claims at the same time provide exceptional care. As a result, the need for outsourcing medical billing increased. India is emerging as a major hub for outsourcing medical billing services and the reasons are many. Let’s discuss why medical billing companies in India have an upper hand over their counterparts in other countries:
Communication is Key: Although it might seem trivial, communication is the key to successful partnerships. Due to miscommunications and misunderstandings at the offshore companies’ end, many outsourcing companies have suffered huge losses in the past. Medical billing companies in India employ professionals that are well-versed in English than their counterparts in other countries. Therefore, it is easy for US billing companies to explain their needs and get the desired output.
Medical Billing in India has Faster TAT: India is geographically located in a time zone that works favorably for the US. As the former’s time zone falls 12-14 hours ahead of the latter’s, the deliverables reach the outsourcing companies at a faster TAT (Turn Around Time). As employees in the US arrive at their office, what they see first thing in the morning is completed work, which enables faster reimbursements.
Medical Billing Companies in India have Cutting-edge Technologies: One thing that most US medical billing companies fret is investing in new technology and software systems as they are too expensive. Also, there is a need to provide proper training to staff to work on the new systems, which adds to the costs. By outsourcing to medical billing companies in India, clients have to worry about neither of these expenditures and save a huge sum instead.
Compliance and Standards: As the US healthcare industry is booming, we see a lot of new compliance policies and standards put into place. Staying updated with these changes is a necessity. Medical billing companies in India are aware of this trend and they constantly update themselves. Reputed companies hold ISO 27001 and 9001 certification and are HIPAA compliant to ensure high data security.
Save Costs: One of the biggest advantages of medical billing in India is the clients can save a lot of unwanted expenditures. As the US healthcare industry is constantly bringing new changes to the medical coding techniques, there is always a need for the employees to stay updated. To avoid training, recruitment, and other miscellaneous costs, partner with an experienced medical billing company in India.
About e-care India:
As more and more US medical billing companies emerge, the competition is getting tougher to stay atop in the US healthcare domain. To step up the game, partner with a reputed offshore medical billing company like e-care India. SSAE Type 2 certified, this medical billing in India possesses twin ISO certifications to ensure better operations and high information security. With its 3 brilliant delivery centers, e-care ensures disaster recovery and business continuity at all times. To know more about e-care and its services, log on to www.ecareindia.com.