MedexCel Global Solutions is a Philippines-based healthcare support company established in 2007. It provides cost-effective medical support services globally through modern facilities operating 24/7. MedexCel's talented staff offers solutions for information management, revenue cycle management, and patient services management. As the US healthcare industry grows with increased outsourcing to the Philippines, MedexCel aims to capitalize on this trend with its experience, partnerships, talent pool, and growth industry.
1. • Prepared by:
• Dan Meyer
• Vice President, Marketing and Analytics
2. Company Profile
• MedexCel Global Solutions is a firmly established healthcare
support company in the Philippines. Since 2007, we have been
providing cost-effective, secure, timely and reliable high quality
medical support services to doctors, healthcare practitioners, group
practices and health institutions.
• Our modern facility provides healthcare support solutions 24/7
globally. We receive and transmit data employing state-of-the art
and industry compliant systems and technology. Our talented staff is
full of graduates from allied health fields and averages at least three
years of industry experience.
• MedexCel offers expert solutions to healthcare institutions. We
simply the myrid solutions required of healthcare practices today
through our core services; Information Management, Revenue
Cycle Management and Patient Services Management.
3. Overview
• The healthcare industry in the U.S. is one of the
fastest growing segments of business anywhere on
the planet.
• With the recent re-election of President Obama, his
plans for universal health care in the United States
will begin to be implanted on a large scale.
• The requirement to provide health services to an
additional 30 million people almost overnight.
• According to a recent CNN story, outsourcing back
office tasks to the Philippines will continue its rapid
growth of over 25% a year.
4. Recent Headlines
• Recently two of the largest managed care chains in
both Florida and Louisiana announced the largest
layoff in their histories.
• UnitedHealth Group Inc., America's largest health
insurer, has started recruiting Filipino nurses for
Philippine back office operations for offshore business
support services.
• Healthcare information management (HIM) sector
posted a 172 percent growth in 2011. International
research firm MarketsandMarkets reports that HIM will
become a US$329-billion industry by 2016
5. Why Outsource?
• The most compelling factor for outsourcing is that
is that it’s both a cost effective and high quality
offshore alternative to labor intensive tasks
carried out by internal office staff.
• In general, the outsourcing of particular job
functions can save on the average, 33% of overall
cost, while at the same time providing a better
overall quality of service.
• ROI = salary or fee being paid for service +
quality + timeliness
6. Why the Philippines?
• American cultural influence and an American style
of English
• Work during off hours, allowing 24 hour service
options
• Surplus of nursing talent.
• Customer service mentality of Filipino’s
• Youthful labor force that will only get bigger
• U.S. demographics make more outsourcing
inevitable regardless of economics.
• Add the economic pressures and its snowballing.
7. Medexcel Strengths
• The experience of our staff, our leadership, being
and being located in Alabang are all strengths.
• Our sales agent partnerships, the vast labor pool of
talent, and being in a growth industry can all be
points of strength.
• 98% accuracy is our promise, met by a stringent
quality checked by our dedicated and medically
trained transcriptionists, quality assurance monitors
and health data analysts.
• Medexcel Global Solutions is a 100% HIPAA (Health
Insurance Portability and Accountability Act)-
compliant company.
8. 2013 Medexcel Product Line Up
• Medical Transcription – Online transcription of
patient medical records.
• Medical Coding – Assigning of ICD10 medical
codes for insurance records and medical files.
• Health Data Analytics – Employment of analytics
methodologies to provide valued added patient
and practice insights and intelligence.
• Additional Services - Revenue Cycle
Management, Appointment Setting, Insurance
Verification, Pre-Authorization Calls
9. Contact Us
By Phone: +63 9157759578 (PHI)
1-925-595-4079 (USA)
Via the Web: www.medexcel.com.ph
danmeyer@medexcel.com.ph
Like us on Facebook:
www.facebook.com/Medexcelph
10. Contact Us
By Phone: +63 9157759578 (PHI)
1-925-595-4079 (USA)
Via the Web: www.medexcel.com.ph
danmeyer@medexcel.com.ph
Like us on Facebook:
www.facebook.com/Medexcelph