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The Healthcare Industry's Ideal Partner

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Presentation on theme: "The Healthcare Industry's Ideal Partner"— Presentation transcript:

1 The Healthcare Industry's Ideal Partner

2 Sharp Info Solutions A 14-year-old Healthcare Business Process Outsourcing company based in the USA with operations in Coimbatore, Southern India A Venture of The Sharp Group of Companies that has been in diverse businesses for the past 45 years Widespread clientele across USA, Australia, & UK Company profile

3 “The Sharp Group” Company profile

A Healthcare BPO SHARP PUMPS PVT. LTD. Manufacturers and exporters of various ranges of pumps for the last 5 decades to Europe, Australia, Middle East, Asia, & Africa SHARP FOUNDRY INDIA LTD. Manufacturers and exporters of Grey and Ductile Iron Castings K. K. INDUSTRIES Manufacturers and exporters of Aluminum/Zinc/Magnesium Pressure Die-Casted components POINT INDUSTRIES Manufacturers and exporters of products related to Waste Management - Food Waste Disposers ANAN KIDS ACADEMY (Educational Institutions) A Corporate Social Initiative Company profile

5 Our Core Activities

6 Services Offered Revenue Cycle Management (RCM) Medical Transcription
Medical Record Review IT Solutions Engineering Services Company Profile

7 RCM - Areas of Expertise
Eligibility and Benefits Verification Save time and energy, no autopsy Eligibility verification is one of the most significant steps to avoid denials, which is mostly underestimate A standard/customized list of verification questions to confirm the patient’s eligibility and coverage Outcome of the claim can be predicted even before it is submitted Company Profile

8 RCM - Areas of Expertise
Demographics and Charge Entry Doing It Right The First Time & Every Time Charges are entered meticulously Patient demographics and medical codes applied to charts are appropriately verified All filled data audited to reduce chances claim rejection. Fee schedule of our clients is taken into consideration and bills are raised accordingly We ensure claims are submitted clean Company Profile

9 RCM - Areas of Expertise
Coding Just right! No Guess..., No up, No down! Quality medical coding services are offered helping clients reduce their denials and optimize their revenues Incorrect coding can cause undesirable results and we thrive delivering high quality Gearing up to face the challenges related to ICD-10 transition Company Profile

10 RCM - Areas of Expertise
Payment Posting We research the EOBs before we post EOBs are not our bible Adjudication process followed by the insurance carriers are crosscheck to ensure the providers are paid what they are entitled to Exposure to most advanced electronic remittance scenarios including denials, underpayments, overpayments, multiple adjustments, automatic cross-over, secondary remittance, reversals etc., Company Profile

11 RCM - Areas of Expertise
Denial Management When the verification and billing is right, denials are rare; if there is one, we fix it... Denials are an epidemic to the financial health of most practices, which need to be treated well Around 10% of the physician revenue is estimated to be lost due to inefficient denial management process. Billers at Sharp Info are experts in denial management. Company Profile

12 RCM - Areas of Expertise
AR Management Not just calling, its revenue redemption Experienced, smart callers deployed Various follow-up methodologies adopted to ensure prompt payments Reducing AR aging and maximizing cash flow is our goal We get to talk to the right person and resolve claims amicably Company Profile

13 RCM - The Sharp Assurance
People Process Compliance Consistent Quality Reverse knowledge transfer & suggestions on improving charge capture Work is done right the first time, every time Efficient and well-trained staff with near-zero error rates Prompt turnarounds Considerable reduction in resource allocation to manage data flows Increase in Revenues Reduction in Day Sales Outstanding Internal audit processes Capacity to analyze processes that any payer follows Versatility to change with rapid pace of health system transformation Compliant with HIPAA and HITECH standards Adherence to client requirements and specifications Company Profile

14 RCM - The SHARP Value Reliable Equipped
One-Stop Solution for all Healthcare Back-End Operations Scalability on Demand - in less lead time 24x7 Expert support for business processes and back office operations Contingency Management Equipped State-of-the-art facility with 200-seater capacity Disaster recovery management systems in place Secure and scalable IT infrastructure Company Profile

15 RCM - The SHARP Value Efficient Resourceful Proactive Communication
Personalized Account Management Resourceful Ability to develop software products as and when required Leverage over our top-notch IT team for any technical assistance No cost of recruiting and training Well trained HR team to address grievances, absenteeism, attrition, payroll, employee Insurance etc. Company Profile

16 Medical Transcription
Sharp Info Solutions – Transcription solutions for hospitals, clinics, and individual physicians through its integrated technology platforms at an affordable cost Rich experience in traditional transcription, AVR editing Dedicated quality control, QA sampling, blank checks, etc. Exposure to leading third-party platforms including but not limited to Escription, MModal, Spantel, Emdat, Gemstar, etc., Company Profile

17 Transcription – The Sharp Value
Expertise Strength Unlimited STAT Coverage 24x7 Telephone/Online Support 100% Compliance on Turnarounds Client-Ready Quality HIPAA and HITECH Compliant HIPAA-Compliant Archival On Demand Exposure to Multiple Specialties Strong IT Team Healthcare related IT Support Various Industry-Leading Platforms Dedicated Account Manager Single Point of Contact 14-Year Experience In-House Training Facility Seamless Scalability on Demand Company Profile

18 Medical Record Review Review of Records (ROR) involves medical and non-medical abstraction. Workmen’s compensation and other insurance companies have a claimant’s medical records reviewed by a medical provider to determine initial or ongoing eligibility for benefits. Our team of healthcare professionals assist providers by reviewing medical records given to us in the form of scanned images, transcription documents, etc., and abstracting these documents into shrunk summaries without missing key information and yet making it look neat and trim. Company Profile

19 ROR – The SHARP Value Qualified Doctors, Nurses, and Healthcare professionals used as core team Secure & Reliable Solutions Prompt Turnarounds Client-Ready Quality Rich Hands-on Experience On-demand front-end scan center Company Profile

20 IT Solutions We assist small to medium size healthcare centers move towards IT evolution Highly capable in-house IT team can provide solutions and applications using best in class technology Our business solutions are effective and are achieved through efficient operations One of our endeavors is to co-create platforms that allow providers to engage with patients that use mobile applications via internet Company Profile

21 Customized IT Services
Customized products and breakthrough solutions for the healthcare community based on individual needs Client operations are evaluated and IT suggestions provided to simplify and automate processes using latest software and technology Company Profile

22 Engineering Services Five decades of manufacturing experience coupled with strong IT knowledge propelled us into Engineering Services An excellent team of engineers with strong domain expertise coupled with decades of solid experience and hands-on exposure Our strategic geographic location & offshore business model offers the advantage of 24 X 7 operation “Thought to Product” in the shortest possible time. Platforms/Softwares used - ProE, Solid Works, Solid Edge, Catia, etc. Company Profile

23 Eng Services – Solutions Offered
Reverse Engineering & Rapid Prototyping Data migration /Paper to electronic drawings 2D to 3D conversion Services 3D Modeling Assembly Drawing Machining Drawing Tolerance Analysis Development of concept products from sketches Company Profile

24 Eng Services - The SHARP Value
ONE-STOP SOLUTION for our customers by offering a range of value added and integrated services. A confluence of Engineering expertise and IT knowledge Product Prototype Tool Designing Pattern Making / Tooling for Castings, Aluminum, Zinc and Plastic components Manufacturing of Castings, Aluminum, Zinc and Plastic components Machining of all components Assembling of components on demand Company Profile

25 The SHARP Edge More than 14 Years of Experience
Commendable Infrastructure Excellent Process Expertise Standards Compliance – HIPAA and HITECH Loyal Workforce Experience in working with Individual Doctors, Clinics and Large Hospitals Widespread clientele from the USA, Australia and the UK Group Companies – A strong circle of strength Company Profile

26 Infrastructure 200-seater state-of-the-art facility with secure entrances High-end connectivity Redundant internet connections Secured Network Setting with Multiple Firewalls and safety appliances Video surveillance enabled Uninterrupted Power Supply Power Generators – 2 Nos Company-owned transport facilities Company Profile

27 Our facility – A quick look
Company Profile

28 Thank you Call us on +91 (422) 658-5203

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