GeBBS Healthcare Solutions is a KLAS rated leading provider of Revenue Cycle Management (RCM) services and solutions in Health Information Management (HIM), Accounts Receivable (AR), Patient Contact, and Risk Adjustment outsourcing to Health Systems and Health Plans. GeBBS’ innovative technology, combined with over 9,000-strong global workforce, helps clients improve financial performance, compliance, and patient satisfaction.
Our technology enabled Medical Coding, Medical Billing, and Auditing solutions combined with an impressive team of certified and specialized professionals, utilizes proprietary technology to identify errors, compliance risk, quality assurance processes, and financial opportunity to streamline coding and auditing workflows both concurrently and retrospectively. With cost containment, compliance, denial prevention, and accurate reimbursement at top of mind, our flexible and scalable delivery options incorporate healthy investments in our people and technology. Our solutions consistently transform the success of our healthcare partners by focusing on accuracy to optimize performance with results driven outcomes.
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 Coding & 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 Offshore Medical Billing Companies?
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
Why Offshore Medical Coding Companies & Offshore Medical Billing Companies?
Offshore medical billing and coding have become indispensable components of the healthcare industry, offering a number of benefits that enhance efficiency, accuracy, and cost-effectiveness. In a rapidly evolving healthcare landscape, the demand for these offshore services continues to surge, driven by the need for streamlined processes, compliance with evolving regulations, and cost containment. Let’s delve into why offshore medical billing and coding are essential:
Cost Savings: One of the primary reasons healthcare providers opt for offshore medical billing and coding services is the significant cost savings they offer. Offshore providers often operate in countries with lower labor costs, allowing healthcare organizations to access skilled professionals at a fraction of the cost compared to in-house staffing or onshore outsourcing. This cost-effectiveness enables providers to allocate resources more efficiently, invest in critical areas of patient care, and maintain profitability amidst growing financial pressures in the industry.
Expertise and Specialization: Offshore medical billing and coding firms typically employ highly trained and experienced professionals who specialize in various aspects of revenue cycle management. These experts possess in-depth knowledge of complex medical coding systems, billing regulations, and insurance requirements, ensuring accurate coding, prompt claim submission, and maximum reimbursement for healthcare services rendered. By leveraging the specialized expertise of offshore teams, healthcare providers can minimize errors, mitigate compliance risks, and optimize revenue generation, ultimately enhancing the financial health of their practices.
Scalability and Flexibility: Offshore medical billing and coding services offer unparalleled scalability and flexibility, allowing healthcare organizations to adapt to fluctuating demands and seasonal variations in workload. Whether it’s scaling up operations to accommodate a surge in patient volumes or streamlining processes during periods of lull, offshore providers can quickly adjust staffing levels and resources to meet the evolving needs of their clients. This agility ensures seamless operations, minimizes backlog, and eliminates bottlenecks in the revenue cycle, thereby improving cash flow and operational efficiency.
Technology and Infrastructure: Leading offshore medical billing and coding firms invest heavily in state-of-the-art technology platforms and robust infrastructure to support their operations. From advanced billing software and electronic health record (EHR) systems to secure data transmission protocols and HIPAA-compliant processes, these providers leverage cutting-edge tools to streamline workflows, enhance data security, and deliver superior outcomes for their clients. By partnering with offshore vendors that prioritize technological innovation and infrastructure investments, healthcare organizations can leverage the latest advancements in healthcare IT without incurring prohibitive costs.
Focus on Core Competencies: Outsourcing medical billing and coding tasks to offshore providers enables healthcare organizations to focus on their core competencies, such as clinical care delivery and patient engagement. By delegating administrative functions to external experts, providers can allocate more time and resources to delivering high-quality healthcare services, improving patient outcomes, and fostering patient satisfaction. This strategic reallocation of resources enhances organizational efficiency, fosters innovation, and strengthens the competitive position of healthcare providers in the marketplace.
Offshore medical billing and coding play a vital role in optimizing revenue cycle management, driving operational efficiency, and supporting the financial viability of healthcare organizations. By harnessing the cost-effective expertise, scalability, and technological capabilities offered by offshore providers, healthcare providers can navigate the complexities of modern healthcare delivery, maximize revenue potential, and deliver exceptional care to patients worldwide.
Hiring the Right Offshore Medical Billing Company & Right Offshore Medical Coding Company – 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 and offshore medical coding services for healthcare organizations of all sizes. Our clients benefit from:
- Real-time dashboard reporting via GeBBS’ proprietary SaaS technology
- Internal information security audits
- Comprehensive security
- A client-centered focus on achieving maximum coding accuracy through continuous improvement of our people and technology
A leader in offshore medical billing and offshore medical coding, GeBBS is a ten-time Inc. 5000 honoree as one of the nation’s fastest growing companies. In addition, GeBBS has been ranked #3 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
As one of the top offshore medical coding companies, 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 14,000 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 use the contact form.