GeBBS acquires 2nd outsourcing contract with a large provider of Hospital ARM Services
Released on = July 13, 2006, 4:51 am
Press Release Author = Rina Dias
Industry = Healthcare
Press Release Summary = GeBBS to provide Accounts Receivable Services to another provider of Hospital based ARM services.
Press Release Body = ENGLEWOOD CLIFFS, NJ - For Immediate Release
GeBBS Healthcare Solutions, one of India's leading healthcare outsourcers, today announced another deal to provide back-office BPO operations in the Accounts Receivable Management space.
The client is one of the largest providers of Hospital based ARM services in the US. A very well established national provider of Patient Financial Services, the client helps health care providers, including hospitals, health systems, and academic physician faculty practice plans, to strengthen their bottom line.
GeBBS delivers a range of Healthcare BPO Services to some of the leading names in the industry. Nitin Thakor, President GeBBS Healthcare Solutions, says, "GeBBS is delighted to be working with another renowned name. I am confident that this deal will significantly accelerate our growth in the ARM space. This is a multi year engagement with projected billing to be in excess of a million dollars."
Under the terms of the agreement, GeBBS will provide the client with Accounts Receivable support services for Insurance claims. The GeBBS team will work as an extension of the client's team and will help maximize revenues by increasing collectables and reducing denials.
Randy Wall, VP Sales at GeBBS said, "This business relationship epitomizes the mutual benefits that can be realized with the proper application of domain knowledge, technology and offshore resources. GeBBS is indeed privileged to serve a well-respected company and we're quite confident that this partnership will continue to expand in scope in the coming months and years."
About GeBBS -
GeBBS is a $12 Million, ISO 9001 certified healthcare outsourcing solutions firm based in Englewood Cliffs, NJ, with multiple facilities in the US, and India. GeBBS focuses on providing Information Technology and Business Process Outsourcing Solutions to Healthcare Providers and Payers. In addition, GeBBS is among the premier providers offering a wide range of Revenue Cycle Management Services, including Medical Coding, Charge Capture, Payment Posting and Account Receivables Follow-Up. GeBBS helps clients succeed by using innovative and cost effective approach to onshore and offshore outsourcing.
For information on GeBBS Healthcare Solutions, call (888) 539-4282 or visit www.gebbs.com
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