Promantra, Inc., a premier provider of healthcare Revenue Cycle Management services is planning to open a new Global Delivery Center at Malabon, Philippines

Released on: July 07, 2014, 7:14 am (EDT)
Author: Promantra
Industry: Healthcare

Somerset, New Jersey, July 07, 2014 -- /EPR NETWORK/ -- Promantra, Inc., a premier provider of healthcare Revenue Cycle Management outsourcing services today announced that it is planning to open a new Global Delivery Center at Malabon, Philippines. The facility will be a global extension to Promantra's Corporate office at Somerset, New Jersey in addition to its existing presence in Hyderabad, India. With the addition of new facility, Promantra is aiming at improving its seating capacity by additional 450 seats. This center would be staffed by experienced medical billers and AR Associates to handle the AR calling process for the US healthcare industry.

Once the center is operational, it will eventually become the second largest of its Global Delivery centers. Promantra is planning to invest 30% of its existing operating income in this facility to maintain and ensure information security, and provide high skilled training to its employees. This center will also be a complete HIPAA enabled facility with a lot of security measures put in place in terms of physical security, information security and employee security.

"As a global leader in the healthcare billing industry, it is important for Promantra to go global to ensure a strong back-up which will also act as a disaster recovery center for Promantra", said Sai Giridhar, the CEO for Promantra, Inc. " This new facility will be a reflection of Promantra's dedication and continued commitment to its clients in terms of readily available infrastructure with highly skilled team and will also enable Promantra increase its current revenue by 60%" Sai added.

About Promantra:
Promantra, a global player with 700 resources HQ in Somerset, NJ and partner office in Dallas Texas with Nation Wide Billing Services Inc is a comprehensive provider of Revenue Cycle Management (RCM) services helping increase and streamline compliance while saving medical facilities money. Promantra's proven capabilities accelerate the revenue cycle to increase productivity, speed payments, decrease costs and improve patient service. In addition, Promantra's experienced health-care team analyzes Explanation of Benefits (EOBs) and claims and acts immediately to recover the due amount. All of which means health care facilities can focus on the core business, "providing better health care". Promantra has successfully transitioned multiple accounts across various states and platforms to improve collections, operating margins, and reduced A/R days.

Apart from RCM services, Promantra also provides Software Solutions, Eligibility Verification, Billing, Coding, AR Follow-up and Denial Management services to billing companies that serve large Hospitals and Physician Practices. For the Long Term Care companies like Skilled Nursing Facilities, Assisted Living and LTC Pharmacies, Promantra provides LTC Billing, LTC Pharmacy Billing, Finance & Accounting and Payroll services.