Perficient Digital Transformation

NOVEMBER 15, 2024

Our experts are closely monitoring eight healthcare trends that are shaping industry leaders’ strategies in 2025. election results could significantly shift healthcare policy and impact healthcare access, affordability, regulation, and innovation. And this year is especially interesting, as 2024’s U.S.

Healthcare 64

Healthcare Insurance Regulations Analytics 64

Magellan Solutions

FEBRUARY 15, 2024

In recent years, the US healthcare industry has significantly increased its reliance on healthcare call center outsourcing companies to enhance patient care and operational efficiency. Healthcare organizations can hand off their growing call center needs and redirect resources toward core clinical care.

Call Center 52

Call Center Healthcare Outsourcing Insurance 52

AS White Global

DECEMBER 15, 2021

In our recent healthcare blogs, we’ve talked about the benefits of outsourcing healthcare services , the top outsourced job roles in the healthcare and medical industry, and the importance of compliance in healthcare outsourcing services. These institutions are no longer the absolute centre for healthcare services.

Offshoring 52

Offshoring Healthcare Outsourcing Diagnostic Services 52

Amzur

AUGUST 27, 2024

By combining these technologies, healthcare organizations can accelerate drug development, reduce costs, and improve patient outcomes. Understanding Low-Code and AI Low-code platforms make it easier and faster to develop healthcare applications. Data Privacy and Security: Adhere to strict data protection regulations.

Healthcare 75

Healthcare Automation Pharmaceuticals Reduced Costs 75

SourceFit

NOVEMBER 3, 2014

Information technology (IT) outsourcing and offshoring in the healthcare sector is going to accelerate amid regulatory and healthcare reforms, according to global management consulting firm Everest Group. Healthcare organizations are also switching their focus to consumers instead of other businesses. Reference: – [link].

IT Outsourcing 40

IT Outsourcing Healthcare Outsourcing Global Management Consulting 40

Groove Technology

JUNE 15, 2023

Case Study 3: Enterprise Z Enhances Operational Efficiency Enterprise Z, a large multinational corporation, aimed to optimize their operational efficiency and reduce costs. By outsourcing development tasks to a remote team, Enterprise Z achieved substantial cost savings without compromising quality.

E-Commerce 130

E-Commerce Flexibility Collaborations Healthcare 130

SourceFit

NOVEMBER 11, 2014

The global healthcare information technology (HCIT) outsourcing market is expected to reach $50.4 According to the study, the healthcare systems, pharmaceutical and insurance segments are driving the growth and looking to reduce costs, access IT expertise, share risk, adopt new technologies and focus on their core business.

IT Outsourcing 40

IT Outsourcing Healthcare Outsourcing Pharmaceuticals 40

Magellan Solutions

SEPTEMBER 11, 2023

From healthcare to manufacturing, transportation to hospitality. Healthcare: Efficient Patient Appointment Scheduling AI scheduling solutions are changing the healthcare industry by simplifying the process of patient appointment scheduling. Reduce the likelihood of no-shows. Minimize wait times.

Manufacturing 98

Manufacturing Healthcare Analytics Labor Costs 98

Perficient Digital Transformation

NOVEMBER 15, 2024

Our experts are closely monitoring eight healthcare trends that are shaping industry leaders’ strategies in 2025. election results could significantly shift healthcare policy and impact healthcare access, affordability, regulation, and innovation. And this year is especially interesting, as 2024’s U.S.

Healthcare 52

Healthcare Insurance Regulations Automation 52

Perficient Digital Transformation

JULY 6, 2023

It could be used to securely store and manage healthcare data and claims information. In such a model, each participant in the network, such as a patient, healthcare provider, or insurance company, would have their own unique identity on the blockchain.

Insurance 52

Insurance Healthcare Reduced Costs Regulations 52

Groove Technology

OCTOBER 1, 2024

Conclusion Outsourcing offers diverse opportunities for businesses to optimize operations, reduce costs, and access specialized expertise. According to a report by Grand View Research, the global KPO market is expected to reach $124.29 billion by 2025.

Software 130

Software Outsourcing Nearshoring Offshoring 130

3Pillar Global

JANUARY 4, 2024

Growing revenue and reducing costs remains a top priority for healthcare organizations in 2024. As such, revenue cycle optimization, streamlining payment, and reducing billing and coding errors are critical areas of focus. These hidden costs add up quickly. Platform modernization presents a solution.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

NoonDalton

DECEMBER 9, 2024

These technologies are no longer limited to reducing costs or handling repetitive tasks. RPA allows companies to reduce costs, eliminate human error, and free up employees to focus on strategic initiatives. They are driving innovation, improving service delivery, and providing critical insights for decision-making.

BPO 52

BPO Outsourcing Robotics Process Automation Cybersecurity 52

IBM Services

JANUARY 30, 2024

Healthcare: Support telemedicine and patient data analytics, requiring stringent compliance regulations. Solutions allow for flexible and more efficient use of physical resources, leading to reduced costs and improved operations.

E-Commerce 77

E-Commerce Manufacturing Analytics Flexibility 77

Groove Technology

SEPTEMBER 26, 2024

Offshore software development involves partnering with development teams located in different countries, often with the dual objectives of reducing costs and accessing a diverse talent pool. One of the primary advantages of offshore outsourcing is its cost-effectiveness compared to onshore or nearshore models.

Offshoring 130

Offshoring Software Outsourcing Right-Sizing 130

Offshore India Data Entry

NOVEMBER 3, 2023

Outsourcing medical billing data entry to experienced BPO companies in India can help healthcare providers improve revenue cycle management, reduce costs, and streamline operations. Moreover, the expense of healthcare services in the United States is a rising concern at present.

Data Entry 52

Data Entry Outsourcing Healthcare Offshoring 52

NoonDalton

APRIL 12, 2022

Some of the advantages of outsourcing HR tasks are obvious, such as cost savings or increased efficiency; nevertheless, people often neglect certain significant advantages. . Reduce Costs. Regulations governing the Affordable Care Act and the Family Medical Leave Act, for example, take effect at the 50-employee milestone.

Outsourcing 98

Outsourcing Human Resources Payroll Insurance 98

Perficient Digital Transformation

JANUARY 3, 2022

High call volumes, combined with changing regulations and increased complexity of calls, can quickly overload even the most efficient call centers. For example, suppose a field veterinarian calls an animal healthcare company to report an adverse event (AE) that noted approximately 200 out of 725 exposed cows after receiving an antiparasitic.

Pharmaceuticals 69

Pharmaceuticals Call Center Data Entry Customer Service 69

Everest Group

APRIL 10, 2024

Amid healthcare providers’ ongoing struggles with Revenue Cycle Management (RCM) inefficiencies, a new wave of outsourcing is emerging, centered around value and technology-driven solutions like AI and analytics. These issues have reduced margins and escalated providers’ workloads. in 2022 and 2023 from 54.8%

Management 59

Management Healthcare Robotics Process Automation Analytics 59

Groove Technology

SEPTEMBER 26, 2024

Whether it's fintech, healthcare, or e-commerce, partnering with domain experts can significantly enhance the quality and relevance of your software solutions. These services typically involve additional costs, which should be factored into the overall budget. How do you maintain control over an outsourced project?

Software 130

Software Outsourcing E-Commerce Reduced Overhead 130

Groove Technology

SEPTEMBER 26, 2024

This model is particularly popular among companies looking to reduce costs while dramatically accessing a vast talent pool. This model prioritizes ease of communication and cultural alignment over cost savings. Additionally, it allows for a 24/7 development cycle, potentially accelerating project timelines.

Software 130

Software Outsourcing Offshoring Nearshoring 130

Amzur

JANUARY 10, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. Our client needed help with a high volume of patient reports, time-consuming manual reviews, and stringent data privacy regulations.

Data Entry 105

Data Entry Right-Sizing Robotics Process Automation Automation 105

IBM Services

JANUARY 11, 2024

Reduced costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach last year was USD 4.45 Enhanced compliance capabilities: Many successful businesses operate in heavily regulated sectors like healthcare and personal finance.

Right-Sizing 100

Right-Sizing Regulations Cybersecurity Software 100

Amzur

JULY 18, 2024

By moving applications and infrastructure to the cloud, organizations can streamline their operations, reduce costs, and respond more quickly to market changes, thereby gaining a competitive edge. cost savings, agility, innovation). Many regulations require companies to demonstrate robust security measures.

Risk Management 107

Risk Management Risk Management Flexibility Cost Control 107

Designveloper

OCTOBER 1, 2021

finance, healthcare, or government) whose data is highly sensitive should choose hybrid cloud architectures. Besides, they can obtain more flexibility of public clouds when scaling up or down less regulated computing projects, whereas meeting industry standards of keeping some confidential data on-premises. . Industries (e.g.

Administrative 96

Administrative Out-Tasking Finance Cybersecurity 96

Metasource

JULY 12, 2023

By leveraging cutting-edge technologies like workflow automation , robotic process automation (RPA) , and artificial intelligence (AI), organizations can automate repetitive tasks, further optimize workflows, and gain valuable insights to enhance efficiency and reduce costs.

Management 52

Management Business Process Outsourcing Robotics Process Automation Reduced Costs 52

IBM Services

JANUARY 19, 2024

Reducing costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach in 2023 was USD 4.45 million—a 15% increase over the last 3 years.

Cybersecurity 97

Cybersecurity Outsourcing Out-Tasking Reduced Costs 97

NoonDalton

SEPTEMBER 2, 2024

How Outsourcing Can Drive Sustainable Growth Outsourcing is not just a short-term solution for managing workload or reducing costs. Cost-Effective Expansion Scaling a business is often resource-intensive, requiring both financial investment and additional personnel. Ensure they comply with relevant data protection regulations.

Outsourcing 52

Outsourcing Out-Tasking Healthcare Administrative 52

Everest Group

MAY 21, 2024

Outsourcing is a growing trend in the insurance industry to transform the actuarial function by reducing costs, creating innovation, increasing efficiencies, and filling the talent demand. Explore the factors driving insurers to partner with specialized service providers and the advantages and obstacles of actuarial outsourcing.

Insurance 64

Insurance Outsourcing Flexibility Risk Management 64

Velocity Global

OCTOBER 13, 2022

Variance in Employment Laws and Regulations. Employment laws and regulations typically include the following: Taxes and withholdings. Benefits such as healthcare, retirement, and paid time off. Following these varying employment laws and regulations is challenging for a nonprofit to handle on its own.

Payroll 52

Payroll Regulations Flexibility Reduced Costs 52

Infosys Consulting

OCTOBER 18, 2023

Yet, in the next five years, big data and machine learning will grow exponentially, especially in the following areas: Marketing, operations, finance, and healthcare. For example: AXA – AXA used ML to forecast high-loss scenarios, aiming to reduce costs and improve pricing.

Healthcare 52

Healthcare Banking Finance Streamline Operations 52

Metasource

JULY 22, 2024

Imagine a business environment where operations are streamlined, costs are reduced, and every process aligns perfectly with your strategic goals. This happens when you leverage business process management (BPM) solutions to transform your workflows, adapt to new regulations, and better meet customer demands.

Management 52

Management Healthcare Out-Tasking Government 52

Groove Technology

JULY 7, 2023

Offshore software development has become an increasingly popular strategy for businesses looking to optimize their operations, reduce costs, and tap into global talent pools. The government has implemented legislation and regulations to safeguard confidential information, trade secrets, and copyright.

Offshoring 100

Offshoring Software Collaborations E-Commerce 100

IBM Services

FEBRUARY 6, 2024

Reduced costs from unplanned events: Cyber and disaster recovery can be expensive, with critical assets like employees, data and infrastructure being threatened. Stronger compliance: Heavily regulated sectors like healthcare and personal finance levy large financial penalties when customer data is breached.

Right-Sizing 94

Right-Sizing Cybersecurity Software Reduced Costs 94

IBM Business Partners

JULY 19, 2023

Leveraging generative AI to augment human team capabilities presents an opportunity for Clients to reduce costs by 30%-50%, while accelerating time to market related to this process by at least 50% and improving scalability, quality, and consistency of generated reports.

Co-Sourcing 59

Co-Sourcing Regulations Human Resources Manufacturing 59

Obobo

MARCH 20, 2023

Procurement policies can take many forms, but they all have three main goals: reducing costs, meeting customer needs, and protecting the environment. They can help organizations manage their resources more effectively, improve decision-making and reduce risks. Procurement policies also help to avoid ethical violations.

Reduced Costs 40

Reduced Costs Regulations Finance Healthcare 40

Perficient Digital Transformation

MAY 18, 2023

The platform facilitates collaboration and data-driven decision-making to improve efficiency and reduce costs. Demand / Proposal Management : Manage and prioritize business demands by capturing, analyzing, and prioritizing requests based on their strategic value and resources.

Design 64

Design Management Collaborations Government 64