Vision-iKnowledge Solutions is a US-based company which offers end to end Revenue Cycle Management solutions to the nation’s healthcare providers. In helps clients to handle the difficult task of medical billing.

More details of the company were made public by its top executives in a recent press meet held in the city.

“We have been set up with the objective of generating tangible value for health care providers by incorporating efficiencies within their business processes. We help medical practices to enhance collections by 12 to 20%, at reduced costs and shorter turnaround time. Our company was launched in 2008 in the state of New York and since then, we have successfully helped group practices, healthcare service providers and hospitals to create economies of scale and deliver process optimization. For instance, we prepare details of pre authorization in health insurance for patients. We have a state of art delivery center in Gurgaon (India) which is a hub for IT-enabled services, which prepares claim data for filing and follow-up on all claims 24 x 7,” said an executive.

Using cutting edge technology and matchless client servicing, the company is able to deliver innovative solutions to clients. Medical billing can be processed more efficiently and cost-effectively by Vision using specialized facilities and tools, complimented by specially trained employees.

A practice can only save a fraction of wages after transferring bill collection and back-office processing to foreign shores. However, better management of these processes can free up to millions of dollars in cash flow every year.

For Vision, outsourcing the medical billing process is not just for savings in cost achieved by off-shoring; it is about expertise in terms of processes, knowledge, timely customer service and providing satisfactory solutions for queries by customers.

“Our resources, experience and quality processes have aided our clients to boost productivity, efficiency, enhanced bottom line and focus on patient care. Our complete spectrum of services includes medical billing, medical coding, electronic health records, medical transcription, pre authorization for medication and authorization of insurance by physician,” said another executive.

The time difference between USA and India enables overnight processing. The difference in wage structure and real estate costs ensures economic viability. With Vision, the customers get best of both worlds- a US company with Third World costs.

The services of the company span the complete life cycle of insurance claims. Details like patient demographics, medical appointments, insurance details, super bills and case notes are transmitted electronically to the company’s back office in India. Such details are processed and filed to ensure a speedy turn-around time.

About The Company: Vision-iKnowledge Solutions (www.vision-iknowledge.com) is an American company offering revenue cycle management to clients like doctors, group practices and hospitals. The company is supported by back-office operations in its offs-shore center in Gurgaon, India.