Economic globalization

Medical Billing Outsourcing Market Size Worth $19.7 Billion By 2026: Grand View Research, Inc.

Retrieved on: 
Monday, April 22, 2019

SAN FRANCISCO, April 22, 2019 /PRNewswire/ -- The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a CAGR of 11.8%, based on a new report by Grand View Research, Inc. Large amount of medical code representation for diagnosis and treatment coupled with the presence of multiple payers renders medical billing an intricate part of any medical practice, posing significant challenges.

Key Points: 
  • SAN FRANCISCO, April 22, 2019 /PRNewswire/ -- The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a CAGR of 11.8%, based on a new report by Grand View Research, Inc. Large amount of medical code representation for diagnosis and treatment coupled with the presence of multiple payers renders medical billing an intricate part of any medical practice, posing significant challenges.
  • However, outsourced medical billing is expected to be the largest and fastest-growing segment in future
    Front-end services led the market in 2018.
  • Thus, consolidation of large healthcare practices is also expected to be a one of the factors fueling the market growth.
  • Grand View Research has segmented the global medical billing outsourcing market on the basis of component, service, end use, and region:
    Medical Billing Outsourcing Component Outlook (Revenue, USD Million, 2015 - 2026)
    Medical Billing Outsourcing Service Outlook (Revenue, USD Million, 2015 - 2026)

Medical Billing Outsourcing Market Size Worth $19.7 Billion By 2026: Grand View Research, Inc.

Retrieved on: 
Monday, April 22, 2019

SAN FRANCISCO, April 22, 2019 /PRNewswire/ -- The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a CAGR of 11.8%, based on a new report by Grand View Research, Inc. Large amount of medical code representation for diagnosis and treatment coupled with the presence of multiple payers renders medical billing an intricate part of any medical practice, posing significant challenges.

Key Points: 
  • SAN FRANCISCO, April 22, 2019 /PRNewswire/ -- The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a CAGR of 11.8%, based on a new report by Grand View Research, Inc. Large amount of medical code representation for diagnosis and treatment coupled with the presence of multiple payers renders medical billing an intricate part of any medical practice, posing significant challenges.
  • However, outsourced medical billing is expected to be the largest and fastest-growing segment in future
    Front-end services led the market in 2018.
  • Thus, consolidation of large healthcare practices is also expected to be a one of the factors fueling the market growth.
  • Grand View Research has segmented the global medical billing outsourcing market on the basis of component, service, end use, and region:
    Medical Billing Outsourcing Component Outlook (Revenue, USD Million, 2015 - 2026)
    Medical Billing Outsourcing Service Outlook (Revenue, USD Million, 2015 - 2026)

Medical Device Outsourcing Market Analysis, Trends, and Forecasts 2016-2019 & 2024 by Device Category (Class I, Class II, and Class III) & Application (Radiology, Orthopedic, Neurology, Cardiology) - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 18, 2019

Medical Device Outsourcing: OEMs Benefit from Low Cost, Faster Time-to-Market and Focus on Core Competencies

Key Points: 
  • Medical Device Outsourcing: OEMs Benefit from Low Cost, Faster Time-to-Market and Focus on Core Competencies
    Rising Demand for Medical Devices: Cornerstone for Present and Future Growth of Outsourcing Market
    Aging Population's Impact on Medical Devices: Favorable Prospects for Outsourcing
    Product Design and Development Services: High in Demand

Avasant Ranked Among "The Best of The World's Best Outsourcing Advisors" by the International Association of Outsourcing Professionals® (IAOP®)

Retrieved on: 
Thursday, April 18, 2019

The Best of The Global Outsourcing 100 and The Best of The World's Best Outsourcing Advisors recognizes the world's best outsourcing service providers and advisors.

Key Points: 
  • The Best of The Global Outsourcing 100 and The Best of The World's Best Outsourcing Advisors recognizes the world's best outsourcing service providers and advisors.
  • Results were based upon an evaluation of the scoring results over the entirety of The Global Outsourcing 100 and WBOA programs.
  • Our high-value engagements focus on industry-focused innovation and flexible solutions, ultimately delivering the best possible outcomes for our clients," said Kevin S. Parikh, Avasant Global CEO and Senior Partner.
  • The 2019 Global Outsourcing 100 and The World's Best Outsourcing Advisors lists will be featured in the 2019 Fortune 500 issue of FORTUNE magazine.

Headway Acquires New York Hospitality and National Event Staffing Business

Retrieved on: 
Thursday, April 18, 2019

RALEIGH, N.C., April 18, 2019 /PRNewswire/ -- Headway Workforce Solutions , a leading North American workforce solutions and business process outsourcing company, announced the acquisition of the New York hospitality and national event staffing business from Shiftgig.

Key Points: 
  • RALEIGH, N.C., April 18, 2019 /PRNewswire/ -- Headway Workforce Solutions , a leading North American workforce solutions and business process outsourcing company, announced the acquisition of the New York hospitality and national event staffing business from Shiftgig.
  • J.P. Sakey, Executive Chairman of Headway Workforce Solutions stated, "Shiftgig has built a cutting edge business model and tool set in the hospitality and events staffing sectors.
  • We are fortunate to assume their New York based hospitality staffing market and their national event staffing business line.
  • Headway Workforce Solutions is a leading sector focused B2B (Business to Business) provider of workforce solutions with an array of contract-based integrated services and national staffing solutions.

Insights into the Global Healthcare BPO Market (2019-2024): Rise of Nearshore Outsourcing Destinations & Access to Technology Augments Market Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 17, 2019

The healthcare BPO market is expected to register a CAGR of 8% over the forecast period.

Key Points: 
  • The healthcare BPO market is expected to register a CAGR of 8% over the forecast period.
  • Another major driving factor is the rise of near shore outsourcing destinations and access to technology.
  • Cloud-based BPO has revolutionized the business outsourcing processes and helps healthcare organizations reduce the costs, develop the global delivery models, and provide secure data access.
  • Hence, the aforementioned factors have contributed to the growth of the global healthcare BPO market.

Canon Business Process Services Receives Honors in Five Special Recognition Categories in the 2019 IAOP Best of the Global Outsourcing 100

Retrieved on: 
Wednesday, April 17, 2019

NEW YORK, April 17, 2019 /PRNewswire/ -- Canon Business Process Services (Canon), a leading provider of managed services and technology, was recently named to the International Association of Outsourcing Professionals' (IAOP) Best of the Global Outsourcing 100 list.

Key Points: 
  • NEW YORK, April 17, 2019 /PRNewswire/ -- Canon Business Process Services (Canon), a leading provider of managed services and technology, was recently named to the International Association of Outsourcing Professionals' (IAOP) Best of the Global Outsourcing 100 list.
  • Today the company announced it has earned additional IAOP Best of the Global Outsourcing 100 honors by being acknowledged in five special recognition categories: Best of GO100 Leaders, Customer References, Programs for Innovation, Corporate Social Responsibility and Multiple Appearances.
  • "The Global Outsourcing 100 showcases the dedication, expertise and sheer hard work of the best of the best in the outsourcing industry," said IAOP CEO, Debi Hamill.
  • "I congratulate Canon Business Process Services for being named to IAOP's 2019 Best of the Global Outsourcing 100 list.

Recruitment Process Outsourcing Market to 2027 - Global Analysis and Forecasts by Type and Industry

Retrieved on: 
Wednesday, April 17, 2019

Further, growth in the manufacturing and retail industry across the globe have been boosting the recruitment process outsourcing market over the years.

Key Points: 
  • Further, growth in the manufacturing and retail industry across the globe have been boosting the recruitment process outsourcing market over the years.
  • The global recruitment process outsourcing market has been segmented on the basis of type and industry.The recruitment process outsourcing market by type has been segmented into the technical staff, sales & marketing, office/admin support, and others.
  • Additionally, the global recruitment process outsourcing market has been segmented by industries into manufacturing, construction, retail, IT, hospitality, BFSI, oil & gas, telecom, and others.
  • The overall recruitment process outsourcing market size has been derived using both primary and secondary source.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the recruitment process outsourcing market.

CBRE Recognized for Top Customer References, Innovation and Corporate Social Responsibility among All Outsourcers by IAOP

Retrieved on: 
Monday, April 15, 2019

Were proud of the outcomes were able to achieve for our clients, said Bill Concannon , Global Group President and CEO of Global Workplace Solutions (GWS) for CBRE.

Key Points: 
  • Were proud of the outcomes were able to achieve for our clients, said Bill Concannon , Global Group President and CEO of Global Workplace Solutions (GWS) for CBRE.
  • IAOPs recognition of our client satisfaction, programs for innovation and corporate social responsibilityas well as our consistently high performance over the yearsreflects our drive to continuously improve our service offering.
  • I congratulate CBRE for being recognized on IAOPs 2019 Best of The Global Outsourcing 100 as they are, year after year, among the highest-rated companies in customer references, programs for innovation and corporate social responsibility.
  • Our members and affiliates worldwide are digging deep at IAOP conferences, learning at IAOP chapter meetings, getting trained and certified at IAOP courses and workshops, and connecting through IAOP social media, all with one goal: better business results.

HEI Health Announces the Release of Virtual Team Services (TM) and the Virtual Team Services Environment (TM) for Revenue Cycle Leaders

Retrieved on: 
Monday, April 15, 2019

PHOENIX, April 15, 2019 /PRNewswire-PRWeb/ --Today HEI Health announced the launch of Virtual Team Services (VTS), a domestic virtual workforce of qualified revenue cycle staff available on-demand to hospital and health system leaders.

Key Points: 
  • PHOENIX, April 15, 2019 /PRNewswire-PRWeb/ --Today HEI Health announced the launch of Virtual Team Services (VTS), a domestic virtual workforce of qualified revenue cycle staff available on-demand to hospital and health system leaders.
  • Accompanying the release of HEI's VTS staffing solution, HEI Health also announced the release of the Virtual Team Services Environment (VTSE), a web-based ecosystem built to support growing virtual teams, tracking team or individual performance and harnessing talent in a remote workforce environment.
  • HEI Health's Virtual Team Services is set to empower revenue cycle leaders with unparalleled control, flexibility, accountability and visibility over their on-demand resources, unlike that of existing outsourcing or temporary staff solutions.
  • VTS, enabled by the Virtual Team Services Environment, provides busy revenue cycle leaders with the necessary tools to take full control over their virtual team, upholding quality and accountability without sacrificing on cost or requiring lengthy contracts.