| Healthcare spending in the US has reached mammoth proportions with the nation spending about $1.65 trillion a year on healthcare. Critics contend that the healthcare industry and system in the US is failing on multiple fronts. While healthcare costs have sky rocketed on one hand - healthcare represents 15% of gross domestic product and consumes one-fourth of the federal budget, more than defense - healthcare providers including hospital, physicians and insurance companies are finding it hard to cope with the unwieldy administrative superstructure. In a typical hospital, 25 per cent of the physician's time is spent filling in forms. Given the existing scenario, most healthcare players are looking to find an efficient way of managing their processes while controlling costs.
Parth Softech operates on the Payor side of the market and provides end-to-end Healthcare Claims processing services. With payouts worth millions of dollar claims processed annually, we are a leader in Claims Management out of India. We currently have relationships with some large global companies.Our services include :
- Claims Data Capture
- Pre-Adjudication
- Adjudication
- Re-pricing
- Billing & Payments
- Hospital Back Office
- Healthcare Records Management
Key Benefits of our Healthcare Offerings include :
- Increased Accuracy of payouts 99%+
- Productivity Enhancement upto 20%
- Improved Service Levels and Turnaround time
- Cost Savings of 40-50%
- Access to large pool of Healthcare Domain Experts
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