Offshore Medical Billing Provides Many Benefits
Offshore medical billing is the practice of outsourcing a healthcare organization’s billing functions to an offshore partner. While it’s often initially done to save costs, many healthcare organizations that have partnered with an offshore medical billing company report significant and often unexpected downstream benefits.
Outsourcing to an offshore medical coding company makes good business sense. By offering exceptional performance and proprietary technology, the right offshore medical billing partner can help improve your revenue cycle by ensuring every claim submitted is right the first time – resulting in faster payments and fewer denials.
Scalable Offshore Medical Billing Solutions
Offshore medical billing is just one element of the complex revenue cycle in healthcare. Most offshore medical billing companies also provide offshore medical coding services – the two services go hand in hand. According to The Boston Globe (February 2018), 25 out of 400 hospitals are outsourcing to an offshore medical coding company – and that number is only expected to increase as the pressure to reduce healthcare costs continues.
Whether your organization needs offshore medical billing, offshore medical coding, or an end-to-end revenue cycle management partner, GeBBS has the services to help you meet your operational and financial goals. From payor credentialing to complete billing and collection services, there are a variety of elements that comprise an effective offshore medical billing program.
GeBBS Revenue Cycle Management solutions include:
- PMS/EMR System and RCM Process Implementation
- Scheduling, Eligibility Verification, and Pre-Authorization
- Medical Coding
- Claims Submission (Use your clearinghouse or a partner of ours)
- Accounts Receivable (A/R) Management
- Credit Balance Resolution
- Customer/Patient Access Solutions
Why Outsource to an Offshore Medical Billing Company?
Offshore medical billing and offshore medical coding are highly specialized trades that require a dedicated focus, ongoing training and education, proven processes and seamless technology. Few healthcare organizations have the resources in-house to invest in the time, technology and infrastructure that an offshore medical coding and/or offshore medical billing company can provide.
By partnering with an offshore medical billing company, healthcare organizations of all sizes can:
- Scale billing/coding operations to align with patient volume
- Reduce overhead and lower operational costs
- Improve budget predictability
- Improve coding and billing accuracy
- Mitigate audit risk
- Reduce rejected or denied claims
- Improve A/R cycle, reduce cost to collect
Hiring the Right Offshore Medical Billing Experts – Experience Matters
As with any business relationship, finding the right partner is critical – regardless of where they are located. When choosing an offshore medical billing company, it’s imperative you find an organization that is trusted, proven and well-respected in the industry.
GeBBS Healthcare Solutions provides experienced, trusted offshore medical billing services for healthcare organizations of all sizes. Our clients benefit from:
Real-time dashboard reporting via GeBBS’ proprietary SaaS technology
Internal information security audits
A client-centered focus on achieving maximum coding accuracy through continuous improvement of our people and technology
A leader in offshore medical billing, GeBBS is a ten-time Inc. 5000 honoree as one of the nation’s fastest growing companies. In addition, GeBBS has been ranked #14 on the Modern Healthcare’s list of the Largest Revenue Cycle Management Firms and was named to the Global 100 Outsourcing List International Association of Outsourcing Professionals (IAOP). With more than 10+ years of hospital and provider experience, the organization manages more than $7 billion in A/R monthly and codes more than 5 million charts per month.
Our Expert Offshore Medical Billing Team
When it comes to offshore medical coding, it all comes down to the people who are doing the work – not where they work.
GeBBS understands the critical importance of hiring and retaining the highest quality staff – after all, every person who touches a code, claim or bill has an impact on your organization’s ability to meet its financial and operational goals and we don’t take that lightly. Our exceptional offshore team provides the highest quality work, adhering to national standards, earning national certifications and participating in continuous training and development to stay abreast of the constantly changing guidelines, regulations and industry changes.
GeBBS Offshore Medical Billing Experts
With 12+ years of revenue cycle management (RCM) experience, our billing experts are well versed in all Medicaid state plans, managed care plans, government-funded programs, third-party insurance, and Medicare billing rules. We follow industry-standard key performance metrics to measure success and integrate best practices, so that you get the value of our proven experience and expertise.
GeBBS Offshore Medical Coding Experts
GeBBS Healthcare Solutions has an exceptional team of more than 2000+ professional coders. Each coder is credentialed and/or certified by the American Health Information Management Association (AHIMA) or The American Association of Professional Coders (AAPC).
By leveraging our team of more than 6,000 exceptional employees across the world, combined with our processes, and technology, our offshore medical billing solutions can help your organization meet – and even exceed – both its operational and financial goals.
Discover what makes GeBBS a leader in outsourced billing and coding services. For more information, call (888) 539-4282 or contact us online.