BPO services for Healthcare Billing Companies
Turnkey solutions
- Daily, weekly or monthly timesheets
- Bonuses and allowances calculation
- Employees’ compensation preparation using payroll software
- Payroll expenses reporting
- New employees’ data entry
Pharmbills Services To Meet Your Business Proccess Outsourcing (BPO) Needs
Benefits of Back-Office Outstaffing for Healthcare Providers
By outstaffing back-office functions, healthcare billing companies saves on various expenses associated with hiring, training, and maintaining an in-house team. They can avoid expenses related to salaries, benefits, office space, equipment, and infrastructure, as these responsibilities are transferred to the outstaffing partner. This cost savings can be significant and can be allocated towards other critical areas of the business.
Back-office outstaffing significantly improves the overall productivity and efficiency of healthcare billing companies. Pharmbills has streamlined processes, robust technologies, and access to the latest industry best practices. By leveraging these resources, companies can benefit from improved turnaround times, reduced billing cycles, faster claims processing, and enhanced data accuracy. These improvements not only lead to better financial outcomes but also contribute to higher client satisfaction levels.
Healthcare billing companies often require specialized knowledge and skills in areas such as medical coding, billing regulations, compliance, and claims management. Outsourcing these functions to Pharmbills allows companies to tap into a pool of experienced professionals who are well-versed in the intricacies of healthcare billing. This access to specialized expertise ensures accuracy, efficiency, and compliance with industry standards, leading to improved billing outcomes and reduced errors.
Pharmbills offers healthcare billing companies the ability to scale their operations up or down based on their current needs. During periods of high demand, such as when there are new client acquisitions or increased workload, Pharmbills can quickly provide additional resources to handle the increased volume. Conversely, during slower periods, the company can scale back its outsourced staff, ensuring optimal resource allocation and cost-efficiency.
.svg)
By outsourcing back-office functions, healthcare billing companies can free up their internal resources and focus on their core competencies. Instead of spending time and effort on administrative tasks, companies can direct their attention towards strategic initiatives, business development, and improving client relationships. This enables them to enhance their competitive advantage, innovate, and stay ahead in the dynamic healthcare industry.
Compliance with complex healthcare regulations is of utmost importance in the billing industry. By partnering with Pharmbills, companies will reduce their compliance risks and ensure adherence to all relevant regulations, such as HIPAA (Health Insurance Portability and Accountability Act). Pharmbills has a deep understanding of compliance requirements, data security measures, and privacy protocols, minimizing the risk of penalties, legal issues, or data breaches.
Compliance with healthcare regulations and data security are critical concerns for healthcare providers. Back-office outstaffing can help ensure compliance by working with professionals who have a deep understanding of healthcare regulations and privacy laws. Outsourcing to reliable partners with robust security measures and protocols can enhance data protection and mitigate the risk of breaches.
Why Outstaff Accounts Payable Services with Pharmbills?
Transparency, fairness, and flexibility while providing employers with greater control over project costs.
Cost savings, flexibility, networking opportunities, access to resources, and a collaborative environment for entrepreneurs
Higher profitability, flexibility, lower risk, competitive pricing
Transparent pricing. Trustworthy and straightforward business experience
Opportunity to try our services risk-free
Achieve your business goals and boost profitability without necessarily incurring costs.
Pharmbills specializes in working with
Testimonials
“We had a problem sourcing and retaining professional, skilled remote talent. Then we started working with Pharmbills and were extremely pleased that they delivered what they promised: smart, motivated people. As a result of having dedicated Pharmbills teams that mesh well with our culture, we’ve been able to markedly improve our collection rates. In just a couple of years, we’ve added a significant number of new team members. When we need to grow, Pharmbills gets the job done quickly and successfully.”
Ipsum velit sit qui qui ea laudantium maxime enim ratione. Iure dolore dicta nisi tempora id vo
Quos quaerat saepe aut rerum harum ipsa. Qui veritatis ab. In vero dolorem nulla libero neque est reiciendis quam
We received your message and will get back to you very soon!
FAQs
Once we sign the contract, our regular hiring period to find a great-fit employee is up to 10 business days from the moment of the request submission.
Prior to being accepted for the interview with the client, all candidates must pass through the internship program which consists of training in business communication, real estate billing, accounts receivable, and accounts payable. Each new client receives an onboarding specialist who will take care of all initial training and the creation of training materials for your business needs.
Our average contract length is 12 months. We are oriented for the long-term partnership both with employees and our Clients.
At Pharmbills we use proof of work software technologies, such as activity monitor, screen capture, and task tracking. We also have time tracking payroll software, a diversified reporting system and comprehensive evaluations, including but not limited to workload evaluation and performance evaluation.
Our SOC cyber security team is safeguarding security 24/7, a top priority. At Pharbmbills, we pride ourselves for following the highest level of HIPAA Compliance: administrative, technical, and physical safeguards, including but not limited to HIPAA Compliance Officer, strict BAA policies, annual audits, and regular trainings on the protection of health information that include the latest updates from the HHS. All of our employees work from secure Microsoft Azure servers with end points and jump points protected by Crowdstrike.