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Clinics and hospitals are NOT just treating patients. They handle a multitude of data, claims, codes, and compliance checks every day.
In a survey, almost one-third (34%) of U.S. physicians spend time on administrative activities. Patients can’t benefit from that time.
In cases like these, Back office process outsourcing services come in handy. These days, it’s not unusual to have a job outsourced to you, such as to someone else who is in charge of medical records administration, appointment booking, claims sorting, and invoicing. It enables healthcare professionals to focus on patient care and to minimize errors and speed up payments.
One of the real-life examples: A medium sized hospital chain network based in Texas outsourced Specialized Support Services from India to manage their revenue cycle management system. The claim rejection rate decreased by 28% and the billing cycle time decreased from 45 to 18 days within 6 months.
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