30 Fastest Growing Tech Companies 2022
The Silicon Review
Research says that the healthcare sector is quite fragmented while making the information flow extremely stringent. Moreover, outsourcing in the healthcare sector has been started lately. But statistics portray that the global healthcare BPO services market is expected to rise USD 3000 billion by the end of 2022. In recent years, medical institutions have focused on delivering high-quality patient care by outsourcing non-core business activities. With increased efficiency and lower costs, outsourcing is the perfect solution for any kind of medical facility. Healthcare BPO is the one-stop solution for achieving all these goals. From cost-effectiveness to delivering quality patient care, the smooth operation flow to properly providing medical billing and coding, healthcare BPOs are a boon to the medical service providers.
Promantra is a industry leader in Revenue Cycle Management for Hospitals, Clinics and Medical Practices across the US. Over 350 professionals help its clients with medical transcription, medical coding, claims management and revenue recovery challenges every day. The company's 24/7/365 operation can turn around coding and claims management projects extremely quickly at a very competitive price. Its offices are strategically located to support your needs. US office locations are Somerset, NJ, Pocatello, ID and San Ramon, CA. The company has the ability to scale up high quality response to large projects very quickly and provide most transcription and coding services in less than 24 hours. It is an ISO 9001 & ISO 27001 certified and HIPAA Compliant organization.
Offering Best-in-Class Healthcare BPO Services
RevvProTM - The Future of RCM: In today’s scenario, the Healthcare Providers are struggling immensely with increased documentation, compliance requirements and lowering reimbursement. Adding to these challenges is there a serious shortage of medical staff in the facilities. There is a dual impact on revenue with facilities missing on getting adequately reimbursed and also having to hire more staff to figure out billing and denials. The vision of RevvProTM is to provide transparency to the healthcare providers. Historically healthcare has been an opaque profession. Many physicians leveraged the fact that they are put on a platform to deliver an old style of medical care. With the advent of commercial insurance, the presence of third party clouded the glass of providers' access to real information especially when it comes to getting rightly reimbursed.
RevvPro aims to solve this issue for the providers. Facilities are currently using different systems for practice management and EMR/EHR. They can continue to do so if they are comfortable using their current systems. RevvPro sits as a blanket on top of their existing systems and extracts the needed information to provide transparency to the providers. RevvPro is also backed with an experienced RCM staff that works on the facilities existing system on the RCM functions like Eligibility Verification, Transcription, Coding, Billing, Payment Posting, and AR & Denial Management. Every claims is properly tracked right from the first stage till the time it is paid. All that providers needs to do is dictate on the state of art RevvPro mobile app, approve his documentation and see the money in the bank. Everything else is the process is taken care of by RevvPro, Inc saving at least 2-3 hours a day.
LTC Financial and Clinical Systems GeroProTM: GeroPro is modulated to manage the all-important functions of healthcare organizations; Patient Demographics and Face sheets, Administration of Patient Billing, Accounts Receivables, Account Payables, Resident Trust Funds & MDS, Care Plan, General Ledger, Resident Charting, Payroll, Management dashboards and etc. GeroProTM EDI tools are avant-garde and HIPAA compatible; they retrieve & export data to create on-demand critical reports for decision support or State Surveys. GeroProTM helps to optimize healthcare management costs & increase returns on investments for Geriatric Healthcare.
Healthcare Software Integration for Clinical and Labs: Promantra’s Healthcare Professional Services team establishes long-term partnerships with leading healthcare IT vendors, provider organizations, HIEs and NHINs, to offer product implementation, upgrades, system integration, maintenance and 24x7 support services with global coverage. The Professional Services team provides deep expertise in healthcare interoperability, clinical data management, and experience with best-of-breed healthcare applications and EAI tools. Promantra has developed a highly scalable model for professional services which is leveraged by some of the world’s leading healthcare technology organizations. In addition, their ability to deploy a global network of healthcare IT professionals enables us to dramatically reduce implementation timelines and costs for their clients, meet complex Healthcare Software Integration requirements and also provide 24x7coverage.
HealthCare QA and Testing Automation: Demand for interoperability, end user compliance, regulatory compliance has been increasing with the evolutions and technological changes. This has in-turn increased the testing of healthcare applications today which involves deep technology expertise, significant time and resources, and inflated costs. Promantra has rich experience in testing healthcare applications – through testing automation tools like HP Quality Canter, Selenium and Rational Robot or by using manual testing. Promantra also has strong expertise in multi-platform testing, performance testing, and load testing of healthcare applications. Promantra’s QA and Test Automation team does testing through various applicable frameworks for automated interoperability with an aim to address the key cost drivers in healthcare application. They accelerate the testing process by providing on-demand simulated IHE Actors (using HP QTP) – especially for HL7 and DICOM transactions, enabling significant time and cost savings.
The Leader Upfront
Sai Giridhar Chintamaneni is the President and CEO of Promantra,