C Shivakumar
Chennai:
The implementation of United States new healthcare
insurance bill which would extend insurance cover to 32 million Americans will
open up projects for Indian IT service providers besides creating huge job
opportunities.
Speaking to Express, Harshith Ramesh, president of
Episource, a healthcare knowledge process outsourcing firm headquartered in La
Palma (California) with delivery centres in Chennai and Mumbai, said the
implementation of ObamaCare would result in United States spending $2.5
trillion.
As a result to cut costs, the maintenance and care of
health records would be transferred to Indian outsourcing firms.
This include proper collection, management and use of
information within healthcare systems which will determine the effectiveness in
detecting health problems, defining priorities, identifying innovative
solutions and allocating resources to improve health outcomes, said Ramesh.
Interestingly, Episource, which has been growing at more
than 100 per cent per year for last three years is looking to hire around 2,000
people before October next year when the bill is believed to be implemented.
Vikas Dubey, vice-president operations of Episource said
that his company is looking to hire more than 600 experienced medical coding
professionals, health science graduates and tech leads in Chennai and Mumbai in
next one year.
Interestingly, he along with Timothy Buxton, senior
manager coding services, Episource, believes that the demand for medical coding
professionals would rise phenomenally.
Medical coding is the transformation of narrative
descriptions of diseases, injuries, and healthcare procedures into numeric or
alphanumeric designations (that is, code numbers). The code numbers are
detailed in order to accurately describe the diagnoses and the procedures
performed to test or correct these diagnoses.
Interestingly, coding health-related data permits access
to health records according to diagnoses and procedures for use in clinical
care, research, and education.
Common uses of medical codes in healthcare include identifying
symptoms that must be evaluated and to alert other healthcare professionals to
life-threatening allergies besides reporting services performed for
reimbursement and helping with administrative functions such as staffing,
scheduling, and adding or decreasing healthcare services.
It is believed the revenue opportunity for IT companies
because of Obamacare would be worth billions and Indian IT/BPO providers are
likel to get 40-50 per cent of this revenue.
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