Vision-iKnowledge Solutions is an American company which offers Revenue Cycle Management Solutions to healthcare providers in the US. One of its main services is to offer medical billing services to physicians.
More details about the company were provided to the public by its top executives through a press meet organized in the city recently.

“We were established with the goal of generating tangible value to healthcare providers by implementing efficiencies within their business processes. Incorporated in New York in 2008, we have helped healthcare providers, group practices and hospitals to execute process optimization and create economies of scale. In fact, we help medical practices to improve collections by 12% to 20% at shorter turnaround times and lowered costs. We have a cutting edge delivery centre in Gurgaon (India) which is a hub for IT-enabled services. This centre prepares claim data for medical insurance billing on all claims, 24x7. The use of state of the art technology and matchless client servicing has permitted us to deliver innovative solutions to clients. Billing can be processed more efficiently and more cost-effectively by the company using special tools and specially trained employees,” said an executive.

Medical practice may at first save only a fraction of wages when the billing services are off-sourced to India. But better management of such processes can free up to hundreds of millions in cash flow annually. The company does outsourcing not just to reduce cost; it aims to optimize processes, knowledge, customer service and satisfactory dealing with customer queries.

The time difference between India and the US enables overnight processing and difference in the wage structure and real estate costs ensure economic viability. So, clients enjoy the best of both worlds- an American company at Third World costs. The complete range of services includes physician insurance authorization, electronic health records, medical transcription, medical billing and medical coding.

The main service rendered by the company is medical billing for physicians. “With the growing complexities of the healthcare industry like rising operative costs and multiplying administrative challenges, physicians are getting bogged down by confusing and elaborate payment systems, complicated compliance needs and IT related issues like reliability and security. As a result, you are losing focus on your main focus- your patients. As a physician, you will understand that the most complicated aspect of your practice is medical billing. You have to deal with issues like payment posting in medical billing. Even as medical practices evolve, you have to review your business processes and identify areas which can save resources and enhance revenues. All these can be handled by medical billing. Vision’s intelligence and knowledge-based service can transform your operations. Our Revenue Cycle Management service takes over the complete responsibility of backend operations, freeing you to focus on your core activities,” said another executive.

About The Company: Vision-iKnowledge Solutions (vision-iknowledge.com) is a US-based company, which offers Revenue Cycle Management services to medical practices, physicians and medical billing companies across America. It is served well by an off-shore back-office in Gurgaon, India.