Research suggests that the global hospital outsourcing market size is expected to grow at a CAGR of 10.4% from 2020 to 2027. This clearly indicates that an increasing number of healthcare organizations are searching for seamless outsourcing strategies that free their time and resources to refocus on business development and patient care.
Your organization could leverage outsourcing solutions to reduce operational costs, have a flexible workforce, minimize billing errors and reduce turnaround time. If your medical staff is also handling medical billing, coding, auditing and other administrative operations, they could be heading towards burnout. Outsourcing these processes to a third-party organization could help you prevent it.
While most organizations would prefer a smooth outsourcing migration of functions, they often face challenges that can render it inefficient in some cases. When searching for an outsourcing partner, you need to ensure that the solutions offered are tailored to your needs. Through meticulous planning and the right approach, an organization can reap the benefits of outsourcing.
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Research suggests that the global hospital outsourcing market size is expected to grow at a CAGR of 10.4% from 2020 to 2027. This clearly indicates that an increasing number of healthcare organizations are searching for seamless outsourcing strategies that free their time and resources to refocus on business development and patient care.
Your organization could leverage outsourcing solutions to reduce operational costs, have a flexible workforce, minimize billing errors and reduce turnaround time. If your medical staff is also handling medical billing, coding, auditing and other administrative operations, they could be heading towards burnout. Outsourcing these processes to a third-party organization could help you prevent it.
While most organizations would prefer a smooth outsourcing migration of functions, they often face challenges that can render it inefficient in some cases. When searching for an outsourcing partner, you need to ensure that the solutions offered are tailored to your needs. Through meticulous planning and the right approach, an organization can reap the benefits of outsourcing.
Here is a closer look at the benefits of a well-planned outsourcing process
If you are ready to outsource your business functions to a third-party organization, consider these steps for successful outsourcing transitions.
Assess current processes and needs
Set clear objectives and expectations
Select the right outsourcing partner
Detailed Project Timeline
Ensure Clear Communication
Risk Assessment and Mitigation Strategies
Documents and resources
Monitor progress
Review plans to avoid delays
Given the rising healthcare costs in the US, more healthcare providers are turning to outsourcing to cut expenses and reduce workloads. This approach will also address the alarming statistic of more than 88% of health systems reporting a year-to-date net loss in 2022, in contrast to the mere 2% observed in 2021.
At Valerion Health, we have a team of expert and skilled professionals who can empower your organization. Backed by decades of experience, we understand your challenges and provide customized solutions to suit your requirements. From medical coding and billing to auditing, educational solutions and more, benefit your organization by outsourcing with us. Contact us to know more.
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Hello,
It has come to our attention that certain unauthorized individuals, impersonating Valerion Health Inc., have been sending fraudulent job offers and misleading communications, including sending checks to prospective employees for setting up remote workstations.
We would like to specifically mention Blake Goss and Taylor S. Butterton, who have been falsely representing themselves as agents/recruiters of Valerion Health Inc. using the email address blake@valerionhealthcareers.com. Please note that this domain is not affiliated with our company, and any communication from such addresses should be regarded as fraudulent.
Valerion Health Inc. strictly adheres to a genuine recruitment process and does not send checks or request any form of financial involvement from candidates. Any communication suggesting otherwise is a scam.
Here are some key warning signs to help identify such fraudulent schemes:
If you receive any suspicious offers or communications on behalf of Valerion Health Inc., please report them directly to our team at JoinUs@valerionhealth.com. We also advise anyone impacted by these scams to promptly notify the relevant law enforcement agencies.
Stay vigilant, and together, let’s combat these fraudulent activities.
Sincerely,
Team Valerion Health Inc.