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Medical Outsourcing Market can be helpful for Decreasing Global Medical Costs

Is outsourcing a security risk?

Posted on Sep 5th, 2017

Posted By TGSI

Medical outsourcing is the consignment of core services or procedures of the organization to a provider that emphases in that area of service or operation. It includes transactional services, customer care, communication and marketing, cost avoidance, audit, payment recovery, billing, transcriptions, SCM & Logistics, resource management and others.

Pharmaceutical companies and biotechnology companies are outsourcing medical work to countries such as India, Thailand and Philippines. In the wake of global economic meltdown, healthcare companies are focused on reducing the overall costs by outsourcing medical work to other countries. It is anticipated to dominate the global medical outsourcing market by services and is estimated to control around 65% of the total medical outsourcing market revenue by services in 2021.

The report published by IndustryARC explains that the global medical outsourcing market is segmented on the basis of services, end-users and geography.1

Telegenisys Inc. is one of the leading providers of Business Process Outsourcing (BPO) services, aided by world-class infrastructure, business competencies, strong domain knowledge and a dedicated group of highly skilled and trained professionals. Our core competencies include services such as customer care & support, B2C & B2B telemarketing, data entry services & data conversion, web promotion, content development, accounting and financial services, tax consultancy, medical records retrieval, market research, database creations, document scanning and sorting, infomercial sales services, and insurance claims. know more…


1 http://industryarc.com/Report/4338/Medical-Outsourcing-Market-Research-Report.html