22
Opportunities Awaits. Risks Loom. Right time to Outsource your healthcare services to Avantha Business Solutions

Right time to Outsource your healthcare services to Avantha Business Solutions

Embed Size (px)

Citation preview

Page 1: Right time to Outsource your healthcare services to Avantha Business Solutions

Opportunities Awaits. Risks Loom.

Right time to Outsource your healthcare services to Avantha Business Solutions

Page 2: Right time to Outsource your healthcare services to Avantha Business Solutions

Opportunities Awaits. Risks Loom.

Modern healthcare providers facing new complex challenges with Avantha Business Solutions

Page 3: Right time to Outsource your healthcare services to Avantha Business Solutions

3

INDEX

AVANTHA INTRODUCTION

OUR SERVICE OFFERINGS

OUR CLIENTELE

WHY AVANTHA BUSINESS SOLUTIONS?

OUR METHODOLOGY & FEATURES

BENEFITS OF PARTNERING WITH US

Page 4: Right time to Outsource your healthcare services to Avantha Business Solutions

4

INTRODUCTION OF

AVANTHA BUSINESS SOLUTIONS

(PART OF AVANTHA GROUP, ERSTWHILE,

THE THAPAR GROUP)

Page 5: Right time to Outsource your healthcare services to Avantha Business Solutions

AVANTHA BUSINESS SOLUTIONS

Part of $ 4 Billion Avantha GroupInception Founded in 2005; Corporate Office in Gurgaon, INDIA

Global Presence India : (New Delhi, Gurgaon,) United States : (St.Petersburg , Florida)

Focus SegmentsFinancial Services, Customer Relationship Management, Mobile OEM, Consumer Durables, Healthcare Services & IT Professional Services Group.

Accreditations ISO 27001 Certified

ABS Advantage

Adaptive Process KnowledgeDeep Domain Knowledge High Quality Delivery

Avantha Business Solutions (ABS) is a niche business process solution provider for global clients in diverse vertical and horizontal streams.

With a global footprint Avantha has presence in 90 countries with 25,000 employees.Avantha has an unmatched ability to help its clients' businesses grow by improving their customer support through voice & back end operations.

5

Page 6: Right time to Outsource your healthcare services to Avantha Business Solutions

ABOUT AVANTHA GROUP

Founded 80 years ago the genesis of the Avantha Group lies in the erstwhile Thapar Group

The Group has business interests in diverse areas, including pulp and paper, power transmission and distribution equipment and services, food processing, farm forestry, chemicals, energy, infrastructure, information technology (IT) and IT-enabled services.

Group companies include :

• Crompton Greaves Limited, India's largest power equipment company.• Ballarpur Industries Limited (BILT), India's largest paper

manufacturer, both listed on the Indian stock exchanges• The Global Green Company• Biltech Building Elements Limited• Avantha Power & Infrastructure Limited• Solaris ChemTech Industries Limited

AVANTHA GROUP

Page 7: Right time to Outsource your healthcare services to Avantha Business Solutions

7

Pulp and Paper - India’s largest manufacturer of writing and printing (W&P) paper.

Power T&D Equipment & Services - Pioneering leader in the management and application of electrical energy, with a presence in over 10 countries.

Food Processing - One of the sunrise companies within the Group's investment portfolio, processes and markets gherkins, jalapeños, pearl onions, capers, peppers, sweet and sour cherries, and sweet corn.

IT and ITES - Business process solution provider for global clients in diverse verticals and horizontal streams such as E- commerce, consumer electronics, finance and accounts, health care, financial services, human resource and knowledge process outsourcing.

Chemicals - India's largest manufacturer of bromine and bromine chemicals, and technical grade phosphoric acid.

Energy and Infrastructure - Power generation company with 191 MW of operational thermal power capacity.

Thapar University - Thapar Polytechnic College, Thapar Centre for Industrial Research & Development, and the Thapar University together constitute the Thapar Technology Campus (TTC).

Prestige Wines and Spirits – It is an Indo-European venture that promotes and imports premium wines and spirits into India.

CII- Avantha Centre - The CII-Avantha Centre for Competitiveness for Small and Medium Enterprises (SMEs) was established in 2004 with the aim of creating competitive and visionary SMEs.

PGTI - Formed in 2006, Professional Golf Tour of India (PGTI) is recognized as the official body of professional golf in India.

LINES OF BUSINESS AFFILIATED ORGANIZATION

AVANTHA GROUP

Page 8: Right time to Outsource your healthcare services to Avantha Business Solutions

8

Healthcare

Services

F&A Services

CRMMortgage Services

Business Analytics

Our Service Offerings

Page 9: Right time to Outsource your healthcare services to Avantha Business Solutions

9

Document ManagementRelease Of information Electronic ArchivingDocument Collections Special ProjectsEnd to End Revenue Cycle ManagementNew account set up Eligibility services Pre-certification services Medical Billing Accounts Receivable & Denial ManagementPayment PostingData Analytics/MISTrend AnalysisData AnalyticsAuditing

Finance andAccountingAccounts Payables Bank ReconciliationFixed Asset Reconciliation General LedgerFinancial Reporting Account ReceivableHR and PayrollServicesData entry & Record ManagementSalary updatesRetirement benefit administration.Reimbursement & incentive Management.Pay Roll Data Entry & CalculationDeductions Tax AdvisoryYear End Processing Full and Final Settlement

CRM ServicesInbound, Outbound & Email servicesComplaint registrationCustomer interaction servicesCustomer feedback surveyCampaign managementTele marketing servicesSales verification servicesOrder processingReplacement and refund management

OUR SERVICE OFFERINGS

Business Analytic Services

Statistical ModelingMIS & ReportingData/Information SynthesisQuantitative/Financial Statement AnalysisInventory optimization & reportingPurchase analysis & reportingBrand drug management and reportingCycle counting analysis & reportingAsset tracking

Loan Origination 1003/ 1008 Data Entry PricingRunning Underwriting SystemOrder Title, Appraisal, Flood, VOE & VORGenerate Program Disclosure (GFI & TIL)Indexing Loan DocumentLoan ProcessingOrder Title and Appraisal Title ReviewClearing Loan Condition Pre Underwriting Pre Closing Closing & FundingPost Closing and Due Diligence Examining TitleLoan Document Indexing

Page 10: Right time to Outsource your healthcare services to Avantha Business Solutions

OUR CLIENTELE

Page 11: Right time to Outsource your healthcare services to Avantha Business Solutions

11

Why Choose Avantha Business Solutions?

Page 12: Right time to Outsource your healthcare services to Avantha Business Solutions

Operational Controls Technical ControlsManagerial Controls

Information Security & Technology Staff

Security Policy / Standards Development and Maintenance

Security Awareness Programs

Employee Recruiting and Termination Process

Physical access controls and monitoring (General work area and data center)

Fire Protection and Backup Power

Change Management

Audit Trail and Log Review

Site, Network, System Risk Assessments

Business Continuity Planning & Emergency Response

Audit Procedures

Network Information

Internet and Vendor Supplier connections and Remote access

Access Management, Network Security and System hardening

Firewall Engineering & Rule Base Maintenance

Virus Protection

Intrusion Detection System Engineering / Maintenance

Encryption

Disaster Recovery Plans

Data Segregation

MULTI LAYERED SECURITY

Page 13: Right time to Outsource your healthcare services to Avantha Business Solutions

Network Security Data Security Physical Security

Logical Access Control

Authentication Mechanism

Security Transmission and Storage

Hardened all systems

Logical segregation for data control

3DES/ VPN/ SSL/ SSH encryption for data protection

Daily/ Weekly/ Monthly backup scheduled for all critical devices.

Firewall protected networkLogical segregation of data

control2 Layer architecture & Layer 3

SwitchesIntrusion detection and

prevention systemHardened network devicesImplemented port based

access 1 list on all L3 & L4 devices

User authentication sysLog analysis

Physical Access Control Installation of CCTVSecurity Guard at all the

entry/ exit pointsClean desk and clear screen

policy Information Security

awareness trainings Use of Camera, Cell Phones

& electronic devices prohibited

Physical segregated production area.

IT SECURITY & STRUCTURE

We are HIPAA compliant and ISO 27001 Certified !

Page 14: Right time to Outsource your healthcare services to Avantha Business Solutions

Customer Retention

Our Management

Risk and Governance

Our Operations

Our Experience, Knowledge &

Setup Advantage

OUR MATCHLESS CAPABILITIES

Page 15: Right time to Outsource your healthcare services to Avantha Business Solutions

s

15

OUR KEY DIFFERENTIATORSBrand AVANTHA

Highly Skilled Resource pool in Technology and CRM Operations

Deep Domain Knowledge and Expertise in Managed Services, BPO and CRM space

Matured and process driven Sales & Service approach

End-to-end capabilities to design and deliver quality services

Ability to invest on Infrastructure and People

Avantha Team is flexible for 24/7 support at no additional costs

Focus on improving key performance indicators, such as cost-to-serve and customer satisfaction.

Improve operational performance with established operating models and IT/application support.

Executive Management & Sponsorship

Quality of Shared Service Leadership

Clearly defined Scope of Activities

Standardized Processes

Change Management

Page 16: Right time to Outsource your healthcare services to Avantha Business Solutions

OUR CLIENT RELATIONSHIP MODELEach of our relationships are customized to address the unique requirements of our Clients.  We support two types of Project Models.

Offshore Research Centre

Attributes•Dedicated / ‘Full time’ Analyst Team•Project Team / Infrastructure / Security / Methodology / Quality / Timing – Tailored specifically to client requirements.•Define SLA

Benefits•Reduced Cost•Increased Synergies between Client and Salient’s Team•Confidentiality Firewalls •Improved Efficiency & Quality – Team Consistency

Onsite Support•Consulting•Account Relationship

On Demand Projects

Attributes

•Access

•Multi-Industry / Global coverage

•Rapid Project Initiation & Conduct

•Disciplined Project Management

Benefits

•No volume commitments

•Fixed Cost Engagements

•Rapid Response

Page 17: Right time to Outsource your healthcare services to Avantha Business Solutions

17

Improved Hiring and Screening Criteria

Improved Agent Skills

Improved

Hiring

Training

Transaction Processing

Audit Process

Agent Feedback

Quality Analysis

Improved

PerformanceCompliance

Quality Control

• Revised Training Curriculum• “Best of Best” Examples• Process and System Improvements• Coaching Skills and Supervisor Training

OUR QUALITY MEASURES

Page 18: Right time to Outsource your healthcare services to Avantha Business Solutions

OUR SEVEN KEYS TO SUCCESS

Scalability

Transition Expertise

Process Excellence

Approach

Value Addition

Skilled Work force

Cost ArbitrageAvantha’s unique blend of near shore and offshore services to its clients gives our clients the advantage of cost arbitrage up to the tune of 40% depending upon the nature of project assigned

Dedicated, passionate and hands-on management team, qualified employees with required professional / technical skills

Successful migration and implementation ensured by seamless integration.

End-to-end solutions using best in class tools & methodologies; focus on quality and stringent service delivery standards

A unique blend of near shore / offshore capabilities to meet client requirements

Focus on high value-add business processes for the client that combine innovation & total quality management

Ability to scale up rapidly

18

Page 19: Right time to Outsource your healthcare services to Avantha Business Solutions

OUR BUSINESS MODEL ADVANTAGES

Business Growth

Value Additions

Shared Service Strategy

Strategic Execution through end to end possessing

Move up the Value ChainShared Services – Process PyramidBusiness units – Risk Management & Decision Support

Creating Shared Service for F&A, HR, Supply Chain, Analytics, IT Operations in Phased Manner

Achieving Transformation Requires Focus on all Three Rings

Page 20: Right time to Outsource your healthcare services to Avantha Business Solutions

AssessSourcing Strategy

Opportunity Identification

Sourcing OptionsChange Enablement

DesignProcess Mapping

Technology LinkagesVendor Evaluation

People FocusProcess Teams

Assess – Review current state & future plans of process centralization opportunitiesDesign – Identify key requirements and create a blueprint to implement in shared services environment.Deliver – Plan & implement key requirements to set up SSC & enable servicing Business Units as SSC Optimize – Enable stabilization of processes for SSC and step towards process improvements.

OUR METHODOLOGY

Page 21: Right time to Outsource your healthcare services to Avantha Business Solutions

BENEFITS OF PARTNERING WITH US

• Unique blend of near shore / offshore capabilities to meet client’s needs• 24X7 business model that gives our clients the advantage of being up to date in their

daily operations.• Implementation of total quality driven management initiatives for process and productivity improvements• TQM includes defect prevention program, metrics program, automation of process and introduction of new tools• Constant benchmarking by our quality experts against global standards and innovations to reduce costs and ensure an end-to-end quality culture

Our Unique Features

Infrastructure• 35,000 sq. ft of onshore / offshore capacity• Multi-location capability of operating 24 x 7 x 365• Power supply through three different resources• High network and data security• Dedicated connectivity with high speed, bandwidth and redundancy• Open and modular technology environment that facilitates integration with versatile client platforms

Contact us9800 4th Street North, Suite 200St. Petersburg, Florida 33702Tel: (727)201-5453

Bestech Business Tower, 1st FloorSector 48, Sohna Road, GurgaonHaryana, INDIA 122018Tel: (91)124-434-3434Fax: (91)124-434-3409

Email : [email protected]

Page 22: Right time to Outsource your healthcare services to Avantha Business Solutions

THANK YOU