Ascribe Healthcare For The Second Consecutive Year In 10 Most Promising Medical Billing And Coding Service Providers List (2020).
May 2020
Invisible engines of the modern healthcare system, medical billing and coding are indispensable if efficient transmission of important data is to be carried-out. While the medical coder translates the healthcare provider's report regarding patient's visit into numeric or alphanumeric code, medical billers on the other hand utilize that information to develop a bill for the insurance company (popularly called a claim). Both practices are involved in the immensely important reimbursement cycle, which ensures that healthcare providers are paid for the services they perform.
Expected to increase by three folds to $133.44 billion by 2022, this domain has an immense scope since a professional degree in medical or healthcare is 1101 a prerequisite to start a carrier in medical coding & billing. Furthermore. the demand & supply gap in the sector is close to 40 percent and has been increasing over the years. If this does not sound 'Iucrative'. this industry is amongst a very few that bestows a six-figure income along with the convenience of 'work from home'!
A bridge connecting insurance companies & medical practitioners, the industry is growing at over 18 percent YoY. Besides this, it is currently the fastest growing segment in the IT or ITeS space. To assist our readers in identifying some of the best medical billing & coding firms in the country, siliconindia Healthcare presents," 10 Most Promising Medical Billing & Coding Services Providers - 2020'. siliconindia's Editorial Board scrutinized the list via frequent deliberations by a renowned panel of industry's topmost CEOs, directors, VCs, and industry analysts, throughout the year. Evaluating the scenarios in versatile perceptions has brought siliconindia to sketch the organizations. which have created history with some marvellous medical billing & coding services. This scrutinized list will perform as an informative manual for enterprises with an interest in the segment.
Delving into the intricacies of medical billing and coding, Siliconindia has unveiled a listing ‘10 Most Promising Medical Billing & Coding Service Providers 2020' which enlists the best service providers poised in this field. Post a thorough evaluation, an expert panel comprising of industry leaders and Siliconindia Editorial Board has composed this listing of front-runners in the medical billing and coding industry. The listing predominantly sheds light on the diverse service portfolios of the best service providers in the medical billing and coding space along with a plethora of disrupting trends and advancements across the frontiers of the industry.
Other than being bestowed with a heart of gold, Ascribe leverages its RCM expertise and proprietary technologies to deliver transformational results and reduction in the overall cost, while accelerating the client’s cash flow and creating an operational environment that is compliant to the healthcare industry regulations. With offices and partnerships in Chennai and Dubai, the young firm’s delivery model allows clients to cultivate growth, reduce costs and gain from better productivity and performance.
Reproduced from Siliconindia’s May 2020 issue.
To read the full issue online, click here:
https://www.siliconindia.com/digital-magazine/medical-billing-coding-may-2020/