13
Mar

Nearshore Outsourcing In Nicaragua: A Win-Win Opportunity For All Outsource Customers

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Let’s face it the digital world created many career opportunities for specialists in all fields. The global way of working over the Internet and making the most out of a 24 hour day is additionally something that many people see as an advantage which is how the world of outsourcing began. Basically, outsourcing is a process of obtaining services from outside or foreign suppliers. Ideally, these services are priced below the standard rate in the specific country that is outsourcing them which is a great advantage to the outsourcer to earn and capitalize on the services in long term. Over the past decade, a lot of outsourcing suppliers have been penetrating into Asia as the leading country in the offshore solutions. However, as of recently, the world started shifting towards Central (Latin) America- and countries like Nicaragua. Wondering why?

Nearshore Outsourcing: Client Partnerships And Customer Engagement

There are two types of outsourcing – nearshore and offshore. And while both of these types require attention to detail and a high degree of collaboration, nearshore outsourcing is the model that is the best one for long-term projects and maximizing customer interactions. That is how Central America has won the hearts of many outsource buyers looking for the best teams they can outsource their duties to and build success in the long term by having a team they could rely on. Still, not every country lives up to the expectations of the modern workforce, particularly not when it comes to the new trends, skills and requirements that are needed in the marketplace. Here we introduce Nicaragua as one of the very few countries that prides itself on the skilled labor force with affordable labor rates. The education system in Nicaragua has blossomed after the ten-year civil war that ended in 1989. Ever since that point in history the elementary and middle schools have been teaching their students about the importance of the digital mediums and how many opportunities are out there waiting for them. Additionally, the government has placed a heavy emphasis on companies that are investing on the local economy to provide these services to international clients. Their support has been instrumental in growing the business process outsourcing (BPO) industry in Nicaragua.

The Benefits That Come As A Result Of The Outsourcing Initiative In Nicaragua

Because of the democracy and the government’s mission to focus on outsourcing jobs, Nicaragua has been seeing the great results and many aggressive incentives to attract suppliers by the government itself. In the words of Matt Reeser President and CEO of Tri Source International and a key opinion leader in the industry:”The main benefits aside from the skilled labor and their affordability is fact that Nicaragua’s workforce is English-speaking and therefore easier to collaborate with. This is a result from the English-language fluency that Nicaragua as a country has established helping the outsourcing suppliers recruit talent. ” The bilingual initiative, fiber optics and ease of doing business should also be on the list of benefits for outsourcing buyers looking for a great nearshore location. Nicaragua is also in the Central Time Zone (CST) which makes it ideal for real-time communication and redundant internet speeds at affordable costs.

A Final Word

So far the outsourcing initiative in Nicaragua has attracted a lot of outsourcers and many companies interested in both offshoring and nearshoring. However, nearshoring seems to always be the best idea mostly because of the low costs, similar time zones and proximity to the US and International markets.

11
Mar

Press Release: Tri Source International Adds New Division: Medical Billing Reps

MEDICAL_BILLING_DEEPERBLUEMedia Contact
Company Name: Tri Source International, LLC
Contact Person: Matt Reeser, President & CEO
URL: www.trisourcebpo.com and www.medicalbillingreps.com
Email: matt@trisourcebpo.com
Phone: 866.314.9090
Address: 25000 Avenue Stanford Ste. 248 Valencia, CA 91355

FOR IMMEDIATE RELEASE
TRI SOURCE INTERNATIONAL ANNOUNCES NEW HEALTHCARE DIVISION

HIRING REMOTE HEALTHCARE REPS TO INCREASE THE PRODUCTIVITY OF FRONT AND BACK OFFICE TASKS
Valencia, CA, March 11, 2017 – Tri Source International is proud to launch a new division called Medical Billing Reps which specializes in the healthcare industry. The division offers full service Revenue Cycle Management (RCM) with a dedicated labor force. Tri Source International provides quality outsourcing solutions to its clients worldwide and this new division for healthcare clients will be a major step forward in the achievements of the business process outsourcing (BPO) leader. The new division will provide solutions to healthcare companies who are experiencing pain points related to high turnover, poor performance and increasing costs within their companies.
Matt Reeser, President and CEO of Tri Source International stated “We are thrilled to partner with our growing clients in medical practices and healthcare organizations with our new division of Medical Billing Reps. Our service offerings will address the concerns of high turnover, poor performance and increasing labor cost issues they face by allowing them to now focus more on their core business with us as a partner.” Additionally Reeser said, “People will now be able to hire remote Medical RCM Representatives without losing any valuable time as our reps are ready to work and we will increase our clients’ overall productivity levels by 70 percent while reducing their overhead expenses by 60%.
With this new solution clients will work and collaborate with their remote employees directly using all the existing systems and platforms they currently use. The division will also eliminate payroll taxes, worker’s comp, employee benefits and the dreaded hiring process their clients face with each local employee. The full service solution will increase client’s productivity levels, increase their revenue and results like never before. The revenue cycle management workforce consists of motivated and extremely talented individuals who believe in achieving more and handling all the healthcare related front and back office tasks of their clients.
When asked about the talent of the new division Matt Reeser says, “With years of experience specializing in the healthcare industry, we deliver a world class facility and solution to make businesses run more efficiently and without the hassles of managing employees.” All of our representatives speak fluent English and Spanish while the division also offers Italian, Portuguese, French, German and Dutch languages as well. Medical Billing Reps will provide complete access and transparency features making sure that each representative is available at all times via phone, messenger, email, webinar or on-site.
The RCM Solution Suite will cover the services of claims submission, claims denial and correction, payment posting, data entry, collections and courtesy calls, data entry, insurance verifications etc. Other services offered include insurance follow up and resolution, payment posting, medical records review and prior authorizations etc. Voice samples are readily available for prospective clients to listen to before hiring their new representatives as well as complete scope of work and implementation plans prior to team launches. For further details visit www.medicalbillingreps.com.