BPO: HEALTHCARE

Healthcare spend in the United States is estimated at over $1.4 trillion annually and growing. Of this, healthcare administrative costs have been estimated at between $ 200 billion to $ 300 billion. More than 6 billion claims, comprising of around 30 billion transactions, are submitted to be processed each year, and this number is expected to grow at about 6% annually. The processing of these healthcare claims translates into a $140 billion opportunity. With the growing need to reduce the cost of healthcare administration, a large opportunity exists for vendors to help providers and payors to reduce costs and increase efficiencies.

The landscape diagram below maps the types of vendors and the some of the Healthcare outsourcing services involved in the claims administration life cycle.

Technology Holdings has extensive experience working with US and offshore outsourcing vendors that provide services to healthcare payors and providers, and the private equity groups that have a history of backing healthcare outsourcing companies. A team of dedicated professionals works closely with industry experts, research houses, vendors and analysts to identify trends in the space and help our clients leverage those trends to build sustainable growth oriented global businesses.

Technology Holdings takes on the following types of engagements:

• Assist US healthcare BPO companies with identifying potential strategic acquirers.
  
  
• Assist US outsourcing companies with acquiring offshore outsourcing capabilities.
  
  
• Assist companies and private equity funds with identifying strategic investment and acquisition opportunities in the healthcare outsourcing space.
  
  
• Assist healthcare BPO vendors to combine with technology platform companies to create end to end platform based BPO players.