The present-day Healthcare industry is one of the fastest-growing sectors providing medical products, services, and procedures worldwide. Accelerated by the Covid-19 pandemic outbreak; today traditional healthcare practices are evolving to reach everyone, everywhere. Alternate solutions such as Telemedicine and Healthcare Support Outsourcing have enabled widely distributed care to be more affordable. Healthcare BPOs have even more power to assist classic as well as modern methods of care delivery. Outsourcing capabilities of a BPO company can facilitate medical professionals and their establishments monetarily and tangibly.
The U.S healthcare market is projected to grow at a CAGR of 3.8% reaching 66.3 bn USD in 2025 from 52.9 bn USD in 2020 (researchandmarkets.com)
Considering the figures, global Healthcare is a burgeoning industry. IoT and AI usage has transformed contemporary healthcare dispensation to lessen the load on everyone’s wallet, especially in light of the Affordable Care Act. This construes an additional burden on medical practices for Billing, Claims, Insurance Verifications, and patient care. The Healthcare Outsourcing industry figures in ensuring the best utilization of resources versus reducing the pressure of management from practices and practitioners.