The State of Medical Billing Outsourcing Market (Infographic)
The healthcare industry is one of the most thriving economies in the world today. On developed countries, the healthcare spending has been rising at a substantial rate, and governments are channeling more funds into healthcare budgets.
With this steady growth and pressure from the government to fully utilize their money allocations to the fullest, healthcare providers are also facing challenges with their in-house medical billing function.
To improve their billing operations and manage their services more efficiently, a lot of doctors and hospitals have already considered outsourcing the medical billing function to third-party service providers.
In this infographic, we will discuss the latest analysis, growth, and trends to uncover the factors at play in today’s global medical billing outsourcing market.
8 Reasons Why the Philippines is the Best Outsourcing Option Today (Infographic)
Situated in the in the heart of South East Asia, Philippines has remained as one of the top choices for companies who want to move their non-core maintenance processes offshore. Known for many years for its sluggish performance, the Philippine economy has been propelled to Tiger economy status. One of the key drivers to this is the outsourcing industry.
From contact/call centers, software development, and animation/creative service, to data transcription, back-office processing, and engineering design, the Philippines has proven itself to be the most viable destination for outsourcing. Check this infographic and see why outsourcing in this beautiful archipelago in the east is the best decision that can boost your company today.
8 Common Misconceptions About Outsourcing (Infographic)
Look back 10 to 20 years and you will see the big changes that outsourcing has brought to the global market. A lot of companies that hire another individual or firm to handle non-core operations has grown into a fertile business capable of doing their best at their core functions, all while maintaining reasonable profit and market growth.
However, businesses that think the outsourcing process is laid-back or easy can become largely disappointed. Companies who often have high hopes and idealistic notions about outsourcing often find themselves blundered because their expectations about greater efficiency fail to be achieved. In order for you to have a better understand we have compiled a list of eight common misconceptions that clients and even vendors experience when considering outsourcing.
Ranging from impractical assumptions to mistaken views of risk, these myths can bring the success of your outsourcing project and even the organization’s overall services sourcing strategy into failure.