Our investment in the state-of-the-art Manila facility reflects GeBBS’ continued commitment to our clients. - Nitin Thakor, President and CEO of GeBBS
Englewood Cliffs, NJ (PRWEB) July 15, 2014
GeBBS Healthcare Solutions, Inc., a U.S.-based industry leader in healthcare revenue cycle management outsourcing solutions, announced the opening of a new Delivery Center in Manila, the capital of the Philippines. The facility will focus on helping our clients with their patient financial services as they relate to follow up on self-pays, co-pays, deductibles, and co-insurance balances.
The center will also provide in-bound and out-bound patient call center support. Utilizing the large number of registered nurses in Manila, GeBBS will also be providing clinical data improvement and utilization reviews from the Philippines Center.
These are the major challenges facing the healthcare industry today:
- 50 percent of overall patient responsibility goes uncollected
- Administrative costs of collecting from a patient are twice that of collecting from a payer
- Patient receipts account for 19 percent of the average practice’s accounts receivable
- The out-of-pocket (self-pay) share of healthcare costs has increased significantly for patients in recent years. The cost-to-collect has also risen sharply as self-pay dollars have increased
"Our new center currently employs 100 people, bringing GeBBS total global workforce to over 3,000 people, serving the U.S. healthcare revenue cycle management marketplace. This number is expected to grow to 500 within two years," explained Milind Godbole, GeBBS Healthcare Solutions Managing Director.
GeBBS is ranked as one of fastest growing private healthcare companies in the U.S. and has made the Inc. 5000 list for 6 consecutive years.
“Our investment in the state-of-the-art Manila facility reflects GeBBS’ continued commitment to our clients in providing them with qualified insurance billing professionals, coders, nurses and analysts. As a leading Revenue cycle management business solution provider, it is incumbent upon GeBBS to set and maintain the higher quality and compliance standards needed by our clients in today’s volatile economic environment,” commented Nitin Thakor, President and CEO of GeBBS Healthcare Solutions.
GeBBS Healthcare Solutions is a Business Process Outsourcing company that specializes in enhancing the financial performance of healthcare providers by seamlessly supporting their revenue cycle management. The company is based in Englewood Cliffs, NJ, and operates multiple delivery centers around the world. This unique combination of healthcare industry expertise, technology and global resources yields cost and operational efficiencies that are among the best in the industry. For more information please visit http://www.gebbs.com.