In medical billing outsourcing, the healthcare organizations are running a race against time to achieve ICD-10 compliance in medical billing outsourcing and some outsourcing companies are revving up their offerings to ensure that they will be there to meet the demand of the companies looking to outsource conversion. The Indian outsourcing company HCL Technologies announced a partnership with healthcare Language Inc. in offering ICD-10 conversion solutions. The two companies will be working in tandem towards moving healthcare companies from ICD-9 to ICD-10 deadline in the US. The HCL Technologies will be utilizing the HCL’s Scalable Language Engine in order to in order to perform the coding and conversion.
To migrate to ICD-10, not to be left behind, business process outsourcing provider source corp that they are launching a new service which will help healthcare organizations to migrate to ICD-10. While the companies offering ICD-10 conversion services are increasing outlook towards being able to achieve full conversion by the deadline remains sketchy at best. Most of the organization are foreseeing that by the 2013 deadline, conversion towards ICD-10. The topic of ICD-10 conversion also featured heavily in a healthcare outsourcing conference wherein the significance of the opportunity that the ICD-10 conversion deadline was stressed among the healthcare outsourcers and where Infinit-0 co-founder. There is a tremendous opportunity currently in the healthcare outsourcing vertical.
To complete the the requirement and given the number of companies that have yet to even start in taking into the account, the preassure of the deadline and the number of the organizations that need it. The deal pipeline for the outsourcing projects in the healthcare outsourcing space will only increase as the deadline approaches especially by the beginning of the next year.
REFERENCE:
http://www.blog.infinit-o.com/race-icd10-healthcare-outsourcing/