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#Outsourcing Insurance Claims
omdataentryindia · 4 months
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The Latest Trends In Insurance Data Entry Services For 2024
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This year is going to be a revolutionary year! With the advancement of new technologies and the increasing role of AI in daily business operations, it is needless to say that the insurance industry will change drastically in 2024. There have been some recent developments in how the insurance industry operates, and it has increased the focus on policyholder experience in recent times.
As per the latest Insurance Trends Report of 2024 published by an IT company, Capgemini, “Insurers are moving from traditional data-reliable methods to advanced strategies that are data-driven as they ensure precise underwriting of insurance in the digital era.”
Here are some noticeable trends that are seen for insurance data entry services in 2024. It is necessary to adapt the changing trends and keep your focus on insurance business growth to be in the competition.
1. Use Of AI In Insurance Data Entry To Boost Efficiency
Artificial intelligence is the new face of modern technology, and it is gradually taking place in every domain of the industry. The use of AI is also seen in the Insurance data entry services as it increase the speed of data entry while taking the details with high precision and efficiency. Insurance claims data entry work can be transformed with the use of AI and other technology as well as advanced software and tools to get more desirable results with less human efforts.
2. Improving Accuracy Of Underwriting And Claims Processing
Insurance claims processing and data entry services are using a digital data analytic strategy to find the gaps in the process and enhance the methods of the claim process. Smart tools and devices are also helpful in elevating the underwriting process by allowing insurers to access the risk more carefully. In the digital data entry methods, there is a minimum error risk, and the data entered is highly reliable, which caters to the best industry standards. Policy holders are becoming aware and do not want to tolerate any small human error during the insurance claims process; hence, it is a basic need of the industry to improve the accuracy of the claims and underwriting process.
3. Focus On Using Advanced Technology and Tools
In recent times, many innovative tools and software have captured the industry and are proving to be worth investing in the insurance claims data entry process.It is getting easier to develop no-code or less-code softwares and tools that are helping insurance industry in achieving the goals set by industry standards without having expertise in complex technical expertise. Insurance data entry services can rely on these tools to offer top quality results with quick turnaround time. Along with the use of AI, cloud computing and quantum computing are getting a part of insurance claims processes.
4. Increase Of Usage-Oriented Insurance Data Entry Services
A policy-holder-centric approach is commonly practised in 2024 in the insurance industry, and the goal is to focus more on self-service applications and claim processing. Ultimately, insurance claims data entry services are running around mainly with policyholder experience in mind. The information entered must be easy to access and easy to read and understand, as it can be accessible to customers at any time with digital applications on their mobile devices. It brings transparency and trust among policyholders in the process as they are more aware of the details of their insurance claim documents.
5. The Rise Of Tailored Digital Solutions
Every business is looking for customized digital solutions as the "one fits all approach" is no longer catering to the industry. Insurance firms are looking for data entry solutions that can meet the expectations of their policyholders while balancing the claims process with high efficiency. It is common to search for an outsourcing insurance data entry service partner that understands this need and is flexible enough to deliver customized data entry solutions.
6. Emphasise On Customer Experience And Self-Service
A policy-holder-centric approach is commonly practiced in 2024 in the insurance industry, and the goal is to focus more on self-service applications and claim processing. Ultimately, insurance claims data entry services are running around mainly with policyholder experience in mind. The information entered must be easy to access and easy to read and understand, as it can be accessible to customers at any time with digital applications on their mobile devices. It brings transparency and trust among policyholders in the process as they are more aware of the details of their insurance claim documents.
How Is 2024 Revolutionizing Insurance Data Entry Services? 
Data entry services are getting more advanced with the use of the latest tools on the one hand and AI on the other hand for higher efficiency.
Insurance data entry services are being criticized for changing regulations and industry standards, as we have skilled experts in the market.
It is easy to save on budget and time by leveraging the data entry services of reliable and high-tech service providers offering reliable results.
Software with no-code or less-code is making it easy to adapt to the changing digital transformation in the industry to make processes better.
Automation of insurance claims process is done to improve the services for the policyholder in a quick and easy way is the ultimate goal achieved.
Management of insurance data in an optimized way to save on storage space and hassle-free claim processing for large amounts of data.
Expansion of business in a competitive environment by joining hands with data entry service provider companies to partner in beneficial ways.
In short, there are various factors that are contributing to the changing trends in the insurance data entry service industry and also to the claims processing task. It is always advisable to adapt to current trends and change with upcoming technology to stay ahead of the competition. Make your policyholder satisfied with your services by offering the latest and most innovative digital solutions. Keep your processes accurate and self-serviced for quick turnaround times.
Source Link: https://dataentrywiki.blogspot.com/2024/05/the-latest-trends-in-insurance-data-entry-services-for-2024.html
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fallenfawnn · 2 years
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just tryin to start getting mental health care again after years and years - and trying to figure out my insurance is the most discouraging and frustrating thing ever :)
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cbsl · 5 months
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Data Processing as per GDPR: Ensuring Privacy and Security in the Digital Age
In the fast-paced landscape of the digital era, where information is the cornerstone of innovation, the complexities of data processing demand our unwavering attention. As professionals navigate this intricate realm, the looming concern for privacy and security is ever-present. Enter GDPR, a beacon of assurance in this digital wilderness. This introduction marks the threshold of our journey, where we delve into the profound impact of GDPR, unravelling its significance in safeguarding sensitive information and ensuring the trustworthiness of data processing practices. Let’s embark on a voyage into the heart of GDPR, exploring how it reshapes the landscape of data privacy and security.
Complexities of Data Privacy in the Digital Age
Rapid Growth of Data and Its Challenges : In the relentless surge of the digital age, data proliferates at an unprecedented pace, presenting professionals with a monumental challenge. The sheer volume and velocity of information pose intricate challenges, demanding vigilant strategies for responsible processing.
Risks of Unauthorised Access and Data Breaches : Amidst the data deluge, the spectre of unauthorised access and data breaches lurks ominously. The vulnerability of sensitive information to cyber threats necessitates a robust defence mechanism. Professionals must navigate the intricate terrain of cybersecurity to shield against potential breaches and safeguard the integrity of data.
Legal and Financial Consequences of Non-Compliance : In the regulatory landscape, the stakes are high. Non-compliance with data protection regulations carries not only legal repercussions but also substantial financial penalties. Navigating the labyrinth of rules and ensuring adherence becomes imperative, underscoring the critical need for meticulous compliance with data protection frameworks.
Understanding GDPR: A Comprehensive Overview
Embarking on our exploration, an introduction to GDPR unfolds—a regulatory cornerstone in the digital realm. GDPR, or the General Data Protection Regulation, stands as a sentinel guarding the sanctity of personal information. Its inception marks a pivotal moment, reshaping the landscape of data processing with a focus on transparency, accountability, and user-centric control
Key Principles of GDPR and Their Implications : At the core of GDPR lie key principles, each a guiding beacon for ethical data processing. From the necessity of lawful and transparent processing to the demand for purpose limitation and data minimization, these principles weave a tapestry of responsible data management. Understanding their implications is paramount for professionals navigating the complex web of data protection.
The Scope of GDPR and Its Applicability: GDPR’s influence extends across diverse industries, transcending boundaries to encompass varied sectors. From healthcare to finance, its reach is all-encompassing. Unveiling the intricate nuances of its applicability, we delve into how GDPR sets the stage for a unified approach to data protection, ensuring a standardised safeguarding of information irrespective of the industry landscape
GDPR-Compliant Data Processing Practices
Data Collection: Ensuring Transparent and Lawful Processing: In the intricate dance of data processing, the spotlight turns to the crucial phase of collection. Transparency and lawfulness become paramount as professionals navigate the delicate balance between access and protection.
Consent Mechanisms and the Importance of Informed Consent: Central to GDPR compliance is the concept of informed consent. Professionals must craft clear and concise consent mechanisms, empowering individuals to make informed choices about their data. This ensures a foundation built on trust and respect for user privacy.
Legitimate Interests and Lawful Bases for Data Processing: Beyond consent, GDPR recognizes legitimate interests and lawful bases for data processing. Understanding and justifying the legal grounds for processing is essential. This multifaceted approach ensures that data processing aligns with legal and ethical standards, reinforcing the pillars of GDPR compliance.
Data Storage: Securing Sensitive Information: As the digital vault for sensitive information, data storage demands fortified defenses. Two pivotal strategies emerge:
Encryption and Pseudonymization Techniques Data security takes center stage with encryption and pseudonymization. These techniques cloak sensitive data, rendering it unreadable to unauthorized entities. A robust shield against potential breaches, they elevate the security paradigm.
Data Access and Sharing: Limiting Access to Authorized Personnel: Navigating the delicate balance between accessibility and security requires a nuanced approach.
Role-Based Access Control and Authentication Measures: Implementing role-based access control and authentication measures ensures that data access is restricted to authorized personnel only. This layered defense fortifies the perimeter, thwarting unauthorized entry.
Secure Data Sharing Practices and Confidentiality Agreements: In the collaborative landscape, secure data sharing practices and confidentiality agreements become keystones. Professionals must forge a secure framework for sharing information, upholding GDPR principles while fostering collaboration.
Data Processing Impact Assessments: Identifying and Mitigating Risks: The proactive stance of GDPR is evident in its call for impact assessments.
Conducting Thorough Assessments for Data Processing Activities: Thorough assessments unveil potential risks associated with data processing activities. This diligent examination lays the foundation for strategic decision-making in data management.
Implementing Necessary Safeguards Based on Assessment Results: Armed with assessment insights, professionals can implement necessary safeguards. This iterative process ensures ongoing risk mitigation, aligning data processing practices with the stringent standards set forth by GDPR.
Challenges and Future Trends in GDPR Compliance
Ongoing Challenges in Implementing and Maintaining GDPR Compliance : The journey toward GDPR compliance is fraught with challenges, both persistent and evolving. Professionals grapple with the dynamic nature of regulations, ever-changing threat landscapes, and the need for continuous adaptation to ensure sustained compliance.
Emerging Trends and Technologies to Enhance Data Protection : Amidst challenges, a tapestry of innovation unfolds. Emerging trends and technologies stand as sentinels, enhancing the arsenal for data protection. From artificial intelligence-driven security measures to blockchain technologies, the landscape is ripe with tools that fortify the defense against evolving threats.
The Evolving Landscape of Global Data Protection Regulations : Beyond individual regulations, the global landscape of data protection is in a state of flux. Professionals must navigate the convergence and divergence of regulations worldwide, understanding the interconnected nature of global data protection frameworks. Staying abreast of these shifts is imperative for a holistic approach to data governance in the digital age.
https://nextgen.cbslgroup.in/data-processing-as-per-gdpr-ensuring-privacy-and-security-in-the-digital-age/
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sblknowledgeservices · 10 months
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insuserve · 1 year
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Do Businesses Need Insurance Claims Outsourcing Services – Top Reasons
Many insurance companies prefer to avail possible insurance claims outsourcing services from recognized, experienced outsourcing providers to find their best competitive advantage. For more details, visit: https://www.insuserve.com/blog/why-do-businesses-opt-for-insurance-claims-outsourcing-services/
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goteamphilippines · 2 years
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Outsourcing For Insurance Business
Outsourcing key support roles for your Insurance business is a must, especially since the demand for insurance coverage and risk management services keeps rising.
Highly skilled virtual assistants and global team members can take care of your accounting and payroll, claims processing, data entry and processing, customer success, and tech support needs.
This way, you can focus on scaling your business while ensuring that you and your onshore team never get burned out or overwhelmed. Check out this list of roles we can source for your Insurance business!
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taskforceus · 2 years
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The Insurance Claims Management Process and the Benefits of Outsourcing
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mososimos · 2 years
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What Are the Dental Billing Best Practices to Focus on?
Following certain dental billing best practices can ensure that dental practices can streamline their billing process and thus enhance revenue.  Dentists can rely on professional dental billing companies to handle the complex claim submission tasks. Insurers may deny claims due to many reasons including wrong or missing claim information, down coding, delay in submitting claims and more. Effective revenue cycle management strategies are also necessary to keep any dental office profitable.  https://www.outsourcestrategies.com/blog/dental-billing-best-practices-to-focus-on/
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coveroperation · 2 years
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Insurance claims outsourcing- How it can benefit your company
Insurance companies, just like other companies available out there, will benefit much from the benefits that insurance business process outsourcingbrings. Outsourcing has evolved from being an easy hot practice to being a standard business plan that most of the top companies in the USA and other western countries are now applying. It is also estimated that half of the organizations listed among the top 5000 companies of the world are involved in one facet of outsourcing or another.
Insurance companies and independent claim processing agencies are the ones that are there to benefit the most from insurance claims outsourcing. Companies that have used this plan saved 60% of their in-house processing costs. If you want to experience the advantages of insurance claims outsourcing, then the best thing for you to do is to hire a company that will manage all your outsourcing requirements.
It is a fact that not all the companies involved in P&C insurance outsourcing are the same, so it is best that you would do some research first before you sign an agreement with a specific company. The perfect company is one that will provide you with top quality processing of claims, back office services and administrative support.
Liberate yourself from taking care of all the details of outsourcing and hire a company that will do it for you. It is also best obviously if you will be able to work with an organization that has a rich experience in working with insurance agencies. Such an organization can assist you regardless the volume of the work involved.
Every business is unique and your business might have special requirements that others don’t. Being able to get a company t will be able to customize their services to your needs will benefit you the most. Derive benefit of insurance business process outsourcing now.
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Cigna’s nopeinator
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I'm touring my new, nationally bestselling novel The Bezzle! Catch me THURSDAY (May 2) in WINNIPEG, then Calgary (May 3), Vancouver (May 4), Tartu, Estonia, and beyond!
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Cigna – like all private health insurers – has two contradictory imperatives:
To keep its customers healthy; and
To make as much money for its shareholders as is possible.
Now, there's a hypothetical way to resolve these contradictions, a story much beloved by advocates of America's wasteful, cruel, inefficient private health industry: "If health is a "market," then a health insurer that fails to keep its customers healthy will lose those customers and thus make less for its shareholders." In this thought-experiment, Cigna will "find an equilibrium" between spending money to keep its customers healthy, thus retaining their business, and also "seeking efficiencies" to create a standard of care that's cost-effective.
But health care isn't a market. Most of us get our health-care through our employers, who offer small handful of options that nevertheless manage to be so complex in their particulars that they're impossible to directly compare, and somehow all end up not covering the things we need them for. Oh, and you can only change insurers once or twice per year, and doing so incurs savage switching costs, like losing access to your family doctor and specialists providers.
Cigna – like other health insurers – is "too big to care." It doesn't have to worry about losing your business, so it grows progressively less interested in even pretending to keep you healthy.
The most important way for an insurer to protect its profits at the expense of your health is to deny care that your doctor believes you need. Cigna has transformed itself into a care-denying assembly line.
Dr Debby Day is a Cigna whistleblower. Dr Day was a Cigna medical director, charged with reviewing denied cases, a job she held for 20 years. In 2022, she was forced out by Cigna. Writing for Propublica and The Capitol Forum, Patrick Rucker and David Armstrong tell her story, revealing the true "equilibrium" that Cigna has found:
https://www.propublica.org/article/cigna-medical-director-doctor-patient-preapproval-denials-insurance
Dr Day took her job seriously. Early in her career, she discovered a pattern of claims from doctors for an expensive therapy called intravenous immunoglobulin in cases where this made no medical sense. Dr Day reviewed the scientific literature on IVIG and developed a Cigna-wide policy for its use that saved the company millions of dollars.
This is how it's supposed to work: insurers (whether private or public) should permit all the medically necessary interventions and deny interventions that aren't supported by evidence, and they should determine the difference through internal reviewers who are treated as independent experts.
But as the competitive landscape for US healthcare dwindled – and as Cigna bought out more parts of its supply chain and merged with more of its major rivals – the company became uniquely focused on denying claims, irrespective of their medical merit.
In Dr Day's story, the turning point came when Cinga outsourced pre-approvals to registered nurses in the Philippines. Legally, a nurse can approve a claim, but only an MD can deny a claim. So Dr Day and her colleagues would have to sign off when a nurse deemed a procedure, therapy or drug to be medically unnecessary.
This is a complex determination to make, even under ideal circumstances, but Cigna's Filipino outsource partners were far from ideal. Dr Day found that nurses were "sloppy" – they'd confuse a mother with her newborn baby and deny care on that grounds, or confuse an injured hip with an injured neck and deny permission for an ultrasound. Dr Day reviewed a claim for a test that was denied because STI tests weren't "medically necessary" – but the patient's doctor had applied for a test to diagnose a toenail fungus, not an STI.
Even if the nurses' evaluations had been careful, Dr Day wanted to conduct her own, thorough investigation before overriding another doctor's judgment about the care that doctor's patient warranted. When a nurse recommended denying care "for a cancer patient or a sick baby," Dr Day would research medical guidelines, read studies and review the patient's record before signing off on the recommendation.
This was how the claims denial process is said to work, but it's not how it was supposed to work. Dr Day was markedly slower than her peers, who would "click and close" claims by pasting the nurses' own rationale for denying the claim into the relevant form, acting as a rubber-stamp rather than a skilled reviewer.
Dr Day knew she was slower than her peers. Cigna made sure of that, producing a "productivity dashboard" that scored doctors based on "handle time," which Cigna describes as the average time its doctors spend on different kinds of claims. But Dr Day and other Cigna sources say that this was a maximum, not an average – a way of disciplining doctors.
These were not long times. If a doctor asked Cigna not to discharge their patient from hospital care and a nurse denied that claim, the doctor reviewing that claim was supposed to spend not more than 4.5 minutes on their review. Other timelines were even more aggressive: many denials of prescription drugs were meant to be resolved in fewer than two minutes.
Cigna told Propublica and The Capitol Forum that its productivity scores weren't based on a simple calculation about whether its MD reviewers were hitting these brutal processing time targets, describing the scores as a proprietary mix of factors that reflected a nuanced view of care. But when Propublica and The Capitol Forum created a crude algorithm to generate scores by comparing a doctor's performance relative to the company's targets, they found the results fit very neatly into the actual scores that Cigna assigned to its docs:
The newsrooms’ formula accurately reproduced the scores of 87% of the Cigna doctors listed; the scores of all but one of the rest fell within 1 to 2 percentage points of the number generated by this formula. When asked about this formula, Cigna said it may be inaccurate but didn’t elaborate.
As Dr Day slipped lower on the productivity chart, her bosses pressured her bring her score up (Day recorded her phone calls and saved her emails, and the reporters verified them). Among other things, Dr Day's boss made it clear that her annual bonus and stock options were contingent on her making quota.
Cigna denies all of this. They smeared Dr Day as a "disgruntled former employee" (as though that has any bearing on the truthfulness of her account), and declined to explain the discrepancies between Dr Day's accusations and Cigna's bland denials.
This isn't new for Cigna. Last year, Propublica and Capitol Forum revealed the existence of an algorithmic claims denial system that allowed its doctors to bulk-deny claims in as little as 1.2 seconds:
https://www.propublica.org/article/cigna-pxdx-medical-health-insurance-rejection-claims
Cigna insisted that this was a mischaracterization, saying the system existed to speed up the approval of claims, despite the first-hand accounts of Cigna's own doctors and the doctors whose care recommendations were blocked by the system. One Cigna doctor used this system to "review" and deny 60,000 claims in one month.
Beyond serving as an indictment of the US for-profit health industry, and of Cigna's business practices, this is also a cautionary tale about the idea that critical AI applications can be resolved with "humans in the loop."
AI pitchmen claim that even unreliable AI can be fixed by adding a "human in the loop" that reviews the AI's judgments:
https://pluralistic.net/2024/04/23/maximal-plausibility/#reverse-centaurs
In this world, the AI is an assistant to the human. For example, a radiologist might have an AI double-check their assessments of chest X-rays, and revisit those X-rays where the AI's assessment didn't match their own. This robot-assisted-human configuration is called a "centaur."
In reality, "human in the loop" is almost always a reverse-centaur. If the hospital buys an AI, fires half its radiologists and orders the remainder to review the AI's superhuman assessments of chest X-rays, that's not an AI assisted radiologist, that's a radiologist-assisted AI. Accuracy goes down, but so do costs. That's the bet that AI investors are making.
Many AI applications turn out not to even be "AI" – they're just low-waged workers in an overseas call-center pretending to be an algorithm (some Indian techies joke that AI stands for "absent Indians"). That was the case with Amazon's Grab and Go stores where, supposedly, AI-enabled cameras counted up all the things you put in your shopping basket and automatically billed you for them. In reality, the cameras were connected to Indian call-centers where low-waged workers made those assessments:
https://pluralistic.net/2024/01/29/pay-no-attention/#to-the-little-man-behind-the-curtain
This Potemkin AI represents an intermediate step between outsourcing and AI. Over the past three decades, the growth of cheap telecommunications and logistics systems let corporations outsource customer service to low-waged offshore workers. The corporations used the excuse that these subcontractors were far from the firm and its customers to deny them any agency, giving them rigid scripts and procedures to follow.
This was a very usefully dysfunctional system. As a customer with a complaint, you would call the customer service line, wait for a long time on hold, spend an interminable time working through a proscribed claims-handling process with a rep who was prohibited from diverging from that process. That process nearly always ended with you being told that nothing could be done.
At that point, a large number of customers would have given up on getting a refund, exchange or credit. The money paid out to the few customers who were stubborn or angry enough to karen their way to a supervisor and get something out of the company amounted to pennies, relative to the sums the company reaped by ripping off the rest.
The Amazon Grab and Go workers were humans in robot suits, but these customer service reps were robots in human suits. The software told them what to say, and they said it, and all they were allowed to say was what appeared on their screens. They were reverse centaurs, serving as the human faces of the intransigent robots programmed by monopolists that were too big to care.
AI is the final stage of this progression: robots without the human suits. The AI turns its "human in the loop" into a "moral crumple zone," which Madeleine Clare Elish describes as "a component that bears the brunt of the moral and legal responsibilities when the overall system malfunctions":
https://estsjournal.org/index.php/ests/article/view/260
The Filipino nurses in the Cigna system are an avoidable expense. As Cigna's own dabbling in algorithmic claim-denial shows, they can be jettisoned in favor of a system that uses productivity dashboards and other bossware to push doctors to robosign hundreds or thousands of denials per day, on the pretense that these denials were "reviewed" by a licensed physician.
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If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/04/29/what-part-of-no/#dont-you-understand
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eaglesnick · 4 months
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"I wouldn't be here today if it were not for the NHS. I have received a large amount of high-quality treatment without which I would not have survived." - Stephen Hawking
When a politician accepts funds from private enterprise and big corporations it is only natural to suspect they want something from that politician  in return for their money. Last year The National (05/06/23) told us:
“Keir Starmer, John Redwood and Wes Streeting have all earnt or been donated six-figure sums from firms or individuals linked with private healthcare."
Streeting, the Shadow Health Secretary received £22,500 in “donations” from private healthcare firms. Concerning these "donations" VOX political  (30/04/23) asked:
“Why would he end NHS privatisation and stop that money from coming to him?”
Why indeed! Are these payments the reason Wes Streeting is so keen to farm out more of the NHS to private healthcare providers?
“I don’t want working class people in pain: so I’d use private hospitals to bolster the NHS” (Guardian: 08/12/22)
and more recently:
“NHS should 'seek to use' private healthcare capacity, Wes Streeting says."
This raises the question “Why shouldn’t the NHS make more use of private healthcare providers?" I think there are several very good reasons why not.
First, private healthcare providers exist to make a profit for their shareholders or owners. Billions of pounds already leave the NHS for the coffers of private enterprise. For the period 2021/22 the Kings Fund (20/09/23) reported that the NHS spent £19.7billion on “Non-NHS- health care.”  This is money that could have been spent to provide better services WITHIN the NHS.
Second, the private sector does not train its own doctors. It relies upon  NHS money to train doctors and then lures them away from the NHS to make profits for themselves. In short, the British taxpayer is subsidising private healthcare profits.
Third, the NHS treats everyone, no matter how serious or complex his or her health needs may be. The private sector cherry-picks which medical services it provides, deliberately choosing the easiest, and therefore the least expensive, medical conditions to treat. This maximises profits, leaving the cash-strapped NHS with the most expensive cases. This leaves the NHS open to claims that it is inefficient when patient costs between NHS and private healthcare providers are compared.
Fourth, the more we use private healthcare providers to deliver medical treatment the greater the risk that we will end up with a two-tier system of health care. No less a person than Professor Stephen Hawking warned of this in March 2018, just before his death. He warned that the government was taking the NHS:
“towards a US-style insurance system, run by…private companies", and insisted: We must prevent the establishment of a two-tire system."  (The Week: 10/03/22)
The Mirror newspaper (03/06/24) points out today that 94% of private healthcare contracts are set to expire by July 2029. The next government will inherit 7452 outsourcing contracts, 6983 of which are set to reach the end of their term between July 2024 and July 2029.
If Keir Starmer and Wes Streeting are not in hock to their private healthcare “donors", then they have the perfect opportunity to save the NHS from creeping privatisation by not renewing these contracts and not signing any new deals with the private sector.
 Only time will tell if Starmer and Streeting are any different to the Tories when it comes to saving our NHS.
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nordholm · 9 months
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Discovering the Top Finance & Accounting Outsourcing Company in Dubai
Dubai’s dynamic business landscape demands a trustworthy guide to navigate its financial intricacies. Nordholm stands out as the Leading Finance & Accounting Outsourcing Company in Dubai, operating under the esteemed Nordholm Investments. We're not just another firm; we're your strategic partners in achieving business success. From simplifying company formation to hassle-free bank account setups, we cover it all.
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Whether you're a start-up or an established enterprise, our services cater specifically to your needs. Small and medium-sized businesses benefit greatly from our expertise, bidding farewell to in-house accountants and embracing significant cost reductions. Say goodbye to overhead expenses like labor cards and health insurance – Nordholm has you covered!
Our expertise lies in discreetly offering unparalleled Finance & Accounting Outsourcing Services, allowing you to prioritize your core business operations. We're not just behind the scenes; we're the unsung heroes ensuring your business thrives. Our services form the foundation of successful enterprises, providing precise reporting and streamlined operations for enhanced efficiency.
As the foremost Accounting Outsourcing Company in Dubai, we transcend borders. Our specialization lies in supporting your business ventures across various countries, especially within the dynamic UAE landscape. From initial setup to ongoing management, our comprehensive range of services ensures a seamless journey for investors seeking growth opportunities.
Unlock the potential for success and growth with us, your key to seamless financial operations and thriving business endeavors in Dubai. We don’t just handle numbers; we pave the way for your triumphs in the ever-evolving business world.
With Nordholm as your premier Finance & Accounting Outsourcing Services provider, rest assured, your financial journey in Dubai isn't just simplified but also positioned for success. Let’s elevate your business together!
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Private health firms have donated more than £800,000 to the Conservative Party over the past ten years, openDemocracy can reveal.
This includes companies run by wealthy tycoons who have wined and dined former prime ministers Boris Johnson and Theresa May and other senior ministers.
The finding comes as the government hands out more NHS contracts to the private sector in a bid to tackle the backlog in the health service.
The British Medical Association has warned that relying on the private sector threatens the "sustainability of the NHS”, which has suffered from “a decade of underinvestment”.
Health profits
The Conservative Friends of the NHS is a group of Tory-voting doctors and health professionals who claim to support the NHS. The group’s president is health minister Maria Caufield and it has hosted stalls at the Conservative Party’s annual conference.
But the organisation’s chairman and founder, Dr Ashraf Chohan, has not worked for the NHS for 23 years, according to his LinkedIn profile, and himself has a private GP and private health insurance.
Chohan is a private health tycoon who set up a portfolio of medical and nursing businesses in London. One of his firms, West End Medical Practice Limited, has donated more than £198,000 to the Tories since 2019 – making it one of the sector’s biggest political donors.
As chair of the Conservative Friends of the NHS, Chohan has met with senior politicians, including Boris Johnson, Liz Truss and Nadhim Zahawi. Before Christmas, in the midst of the ongoing NHS crisis, he also attended a “meaningful” meeting at Number 10.
Despite the group’s claim to support the NHS, it has repeatedly championed a two-tier health system on Twitter, saying the private sector “should be applauded for reducing demand for the NHS”. In other tweets it has advocated health insurance and argued that “all high taxpayers must have [private health] insurance by 2025”.
Experts say reliance on private health firms is creating a system in which poorer people who cannot afford to go private are “left to put up or shut up”.
NHS outsourcing to the private sector has also been linked to higher mortality rates. And hospitals that use private cleaning companies have been linked with higher rates of the MRSA superbug.
During the pandemic, Chohan – who previously donated to Labour before switching – came under scrutiny over two private firms he ran with his son that sold Covid tests. Reports said customers were charged between £80-£200 for the PCR tests, but many complained about lost samples and refused refunds.
Another Conservative Party donor is Genix Healthcare Ltd, which is part of a group of private dental clinics that makes the “majority” of its £6.6m income from NHS contracts.
The company was set up in response to the “severe shortage of NHS dentists” and says it aims to become the “dental corporate of choice for the NHS”.
Genix Healthcare has bankrolled the Tories with donations worth more than £158,000 since 2015, including cash and sponsorships.
Its owner, Mustafa Mohammed, who has posed for photos with Johnson and May and boasted about owning a Rolls-Royce and a Mercedes S-Class, has also given almost £225,000 of his own money to the party.
This includes a £20,000 donation to Jeremy Hunt in 2019, the year after he resigned as health secretary.
As one of the party’s top donors, Mohammed has been part of an elite Tory dining club called the Leader’s Group, which enjoys regular access to the prime minister and senior government figures.
Care homes and GPs
The majority of Tory donations from the private health sector have come since the pandemic began in 2020.
One such donor, Doctor Care Anywhere Group PLC, has given the party more than £37,000 in the past two years – and reportedly spent £1,000 on a ticket for government minister Paul Scully to watch a cricket match at Lord’s.....
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sblknowledgeservices · 10 months
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ensurembs · 1 year
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Streamline Denial Management with Outsourcing Solutions
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Uncover the advantages of outsourcing denial management for smoother operations and higher revenue. Learn how specialized service providers can optimize your denial management process, increase revenue recovery, and alleviate administrative burdens. When you outsource, it can make things efficient and better. Maximize your benefits sustainability by embracing outsourcing solutions for denial management.
Introduction
Managing declines can seem overwhelming for any healthcare group. The insurance claims, errors in coding, and challenges with reimbursement typically lead to payments being postponed and create extra burdens on those handling the administrative tasks. But fear not! There’s a solution that can help ease these pain points and optimize your denial management process. In this blog post, we’ll explore how outsourcing denial management can streamline your operations, boost revenue, and reduce stress. Read More…
For further details and daily updates, Follow us on LinkedIn or Visit.
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dentalbilling · 2 years
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Dental Billing Companies In California
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Are you looking for dental billing companies in California? Read on to learn more about them.
The best dental billing Companies  in California managed them so well that it had a significant impact on patient bills and statements.
In the modern healthcare system, dental businesses run into a range of billing and coding problems. The frequent modifications that CDT codes are subject to make them challenging to interpret. It can take some time to bill for dental procedures and get insurance claims recognized. Even more challenging tasks include dental billing and adding dental procedures to a patient’s medical insurance. Practices can overcome these challenges with the aid of outsourced dental billing companies in California, but they must be aware of the common billing and coding errors that could be detrimental to their financial health.
Revenue declining while hassle rising? It’s time to let us take care of billing for your medical or dental care. With our expertise, commitment, and reasonable fees, we can boost your practice’s earnings and cash flow. Make a wise decision now!
There are 9 dental billing companies in California that can meet all of your dental billing needs
Dental billing companies in California have a  challenging task that is made more challenging by insurance claims and slow payments. More goes into dental invoicing than simply obtaining payment from your clients. Your financial tactics are determined by your cash flow, which is why it is so crucial. Sadly, the task does not finish with the creation of a bill. Taxes, insurance claims, and collection efforts all need to be handled. These are difficult and complicated chores. Although every dental practice has a billing system, how reliable and effective is it? Additionally, it takes a lot of time and money to have a staff manage your funds. Many businesses, nevertheless, are experts in dentistry billing and finances.
1.DentalRevu
We at DentalRevu can assist you in lessening that load and earning more money to guarantee that you are being compensated at the highest rate feasible. DentalRevu Dental Services has been effective in handling all of your dental office’s demands, from managing paperwork to submitting claims, and has a successful client base throughout dental billing  companies in California.
Our committed staff is solely committed to increasing the profitability of your firm. Our billing specialists have several years of business experience and are knowledgeable about various billing improvements to increase your profitability.
Dental Billing Companies in California & Collection professionals guarantee a consistent flow of payments while making sure that your patients are hassle-free and that their questions about billing are satisfactorily addressed. We pledge to improve patient satisfaction, lower administrative costs, and increase revenue for you. We continuously strive to assist clinics in receiving the highest end-to-end dental claim reimbursement. To accommodate all of your dental demands, our billing professionals have created a bespoke billing procedure. Our specialized dental billing service is committed to assisting dentists in receiving payments not just more quickly but also at a higher rate.
When you outsource dental billing and collection to us, a team of experts will take care of these duties, freeing up your personnel to concentrate on other crucial responsibilities related to your practice.
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