GeBBS Healthcare Solutions, Inc., an industry leader in healthcare revenue cycle management (RCM) outsourcing solutions, announced that it had been recognized as one of the top 20 providers for revenue cycle management, according to Black Book™ Market Research.
GeBBS is ranked in the top twenty for 2015 in three categories: large hospital-managed systems/networks and chains, hospital-managed services over 150 beds, and standalone hospital-managed services under 150 beds. It was also ranked in the top twenty the previous year for community hospitals and academic medical centers over 200 beds.
“We’re honored to make this prestigious list again, with GeBBS being the highest-ranking global RCM firm on the list,” said Nitin Thakor, President and CEO at GeBBS Healthcare Solutions. “As this is an independent client-ranked survey, it is a true testament to the hard work of our RCM professionals, and to the ease with which healthcare providers can increase operational scalability and reduce costs by partnering with GeBBS.”
According to a recent Black Book survey, uncertainty over the present healthcare financial environment is motivating a growing number of hospitals and physician groups to outsource revenue cycle processes in lieu of making a large investment in software. The survey found that 83 percent of hospitals now outsource some accounts receivable and collections, 58 percent of hospitals outsource some contract management, 55 percent of hospitals outsource some denials management, and 68 percent of physician groups with more than 10 practitioners outsource some combination of collections and claims management.
GeBBS Healthcare Solutions is a leading global provider of revenue cycle management (RCM) and health information management (HIM) solutions, headquartered in Marina del Rey, CA with global delivery centers. The company’s in-depth healthcare industry expertise enables it to provide end-to-end solutions to successfully resolve clients’ billing challenges, while embracing their overall business operations. GeBBS delivers a world-class infrastructure of highly skilled professionals, robust processes, and proprietary workflow engines. For more information, please visit www.gebbs.com.
About Black Book™
Black Book Rankings, a division of Black Book Market Research LLC, provides healthcare IT users, media, investors, analysts, quality-minded vendors, and prospective software system buyers, pharmaceutical manufacturers, and other interested sectors of the clinical technology industry with comprehensive comparison data of the industry’s top respected and competitively performing technology vendors. The largest user opinion poll of its kind in healthcare IT, Black Book collects over 400,000 viewpoints on information technology and outsourced services vendor performance annually. For methodology, auditing, resources, comprehensive research and ranking data, see http://blackbookmarketresearch.com.