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Outsourcing of Healthcare Management Services

Transform your revenue cycle and achieve predictable results with our combination of people, processes and technology. Interactive World's partners have complete understanding of the rules and regulatory framework prevailing in the Healthcare industry and have developed processes to ensure compliance. With strong domain knowledge in US healthcare sector and a dedicated team of healthcare professionals with over 20 years of experience, we are uniquely positioned to provide Business Process Management Solutions to various segments of the healthcare industry including Providers, Hospitals, Medical Billing Companies and Payors including Health plans, HMOs, TPAs and PPOs.

Outsourcing healthcare services to India is a hugely popular practice today. Over 300 of the Fortune 500 companies outsource some part of their technology and business processes to the country. Almost 50 percent of these companies are healthcare players. A Gartner Study predicts that over 60 percent of healthcare companies will outsource more than half of their IT operations by 2007 and India has the potential to attract a huge portion of these contracts.

Your hospital’s mission is caring for patients. However, the Centers for Medicare & Medicaid Services predict that healthcare costs will double from $1.1 trillion in 1997 to $2.2 trillion in 2008 and that 24% of these costs will be administrative. That’s why so we advise our Clients to bring their revenue cycle challenges to Interactive World.

The healthcare industry is undergoing dramatic transformations. Consumers, employers, and governments worry about privacy, security and access to medical records. Healthcare payer organizations and providers are battling over coverage, medical necessity and treatment protocols. Interactive World through it's partners brings innovative leadership in our pursuit of new solutions that reduce costs and serve our clients and their customers more effectively and efficiently. Our payer applications and administrative services provide hard, quantifiable benefits.

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HIPAA compliance
Compliance with the Health Insurance Portability and Accountability Act (HIPAA) as requirements are finalized and released, specifically regarding standard transaction sets, privacy and security.

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Cost reduction
Reduction in operating and administrative services costs through efficiencies inherent in new technology and innovative automated workflow management.

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Flexibility/speed to market
Quicker introduction of program/plan changes and new healthcare funding models.

 

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