End-to-End Outsourcing for a Healthcare Provider
- November 19, 2024
- Posted by: dominicsavio2492@gmail.com
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Client Background
A large healthcare provider was struggling to manage its growing administrative burden. The company faced inefficiencies in patient scheduling, billing, and insurance verification processes, leading to delays and frustrated patients.
Challenges
- Inefficient Processes: Manual administrative processes were causing delays in patient scheduling and billing, affecting the company’s overall service quality.
- Staffing Shortages: The healthcare provider had difficulty maintaining a full administrative staff due to high turnover rates and burnout.
- Compliance & Accuracy: The healthcare sector’s strict compliance requirements meant that any mistakes in billing or insurance verification could lead to significant financial penalties.
PsyTech Outsourcing’s Solution
We implemented a comprehensive End-to-End Outsourcing solution, handling the provider’s
administrative processes from patient scheduling to billing and insurance verification. Our team:
- Automated scheduling and billing processes, reducing manual workload and improving accuracy.
- Provided a dedicated team for insurance verification and claims processing, ensuring compliance with industry regulations.
- Offered 24/7 support, allowing patients to schedule appointments and receive billing support at their convenience.
Results
- 30% Reduction in Administrative Costs: By outsourcing administrative functions, the healthcare provider significantly reduced overhead and labor costs.
- Improved Patient Satisfaction: Patients experienced shorter wait times for appointments and faster billing resolutions, leading to a 20% increase in overall patient satisfaction.
- Compliance Excellence: Our team ensured 100% accuracy in insurance claims processing, helping the provider avoid costly compliance penalties.