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Transorze Solutions: Empowering Healthcare BPO Services and Growth Opportunities
Introduction to Transorze Solutions
Established in 2010, Transorze Solutions has carved a niche for itself as a reputed leader in the healthcare business process outsourcing (HBPO) industry. Headquartered in India, Transorze operates across seven centers and is actively working on expanding its presence by setting up new centers. The company is dedicated to providing a wide range of services in Medical Coding and Billing, Medical Transcription, and Scribing processes, positioning itself as a key player in the global healthcare outsourcing market.
At Transorze, the motto is clear and ambitious: "Leading Innovation, Skill Development, Excellence, and Employability." This mission underscores the company’s commitment to not only delivering high-quality services to clients but also fostering a culture of continuous improvement, employee development, and long-term sustainability. By offering solutions that combine operational efficiency with deep domain expertise, Transorze aims to improve the overall healthcare ecosystem while enhancing the capabilities of its employees and partners.
Transorze's Credentials and Certifications
Transorze Solutions stands out in the industry due to its commitment to maintaining high standards of quality and compliance. The company is ISO 9001:2015 certified, a testament to its effective quality management systems and commitment to continuous improvement. Furthermore, Transorze is a registered training partner of the National Skills Development Corporation (NSDC), an initiative under the Ministry of Skill Development and Entrepreneurship in India. This partnership enables Transorze to play a key role in skill development within the healthcare industry, training individuals in medical coding and billing processes to meet the growing demand for skilled professionals in the field.
In addition to these certifications, Transorze is a corporate member of the American Academy of Professional Coders (AAPC) and adheres to the norms and regulations set forth by the Association of Healthcare Documentation Integrity (AHDI) and the Health Insurance Portability and Accountability Act (HIPAA). These affiliations further reinforce Transorze’s commitment to delivering high-quality, compliant services that meet the global standards of healthcare documentation and billing.
Core Services Provided by Transorze Solutions
Transorze Solutions offers a wide range of services aimed at streamlining and optimizing the revenue cycle management (RCM) process for healthcare providers. These services are crucial in ensuring that healthcare providers receive timely reimbursement for the services they deliver. Here’s a breakdown of the core services Transorze offers:
Infrastructure and Workforce
Transorze Solutions prides itself on having a state-of-the-art infrastructure that supports its extensive operations. Each center is equipped with a minimum of 50 seats, high-end computer systems, and secure LAN networks, ensuring smooth operations and data security. The centers are also supported by updated internet security systems, firewalls, and antivirus software to safeguard sensitive patient data.
Transorze boasts a highly skilled team of over 50 medical coders and billers, all of whom hold certifications from AAPC and have at least two years of experience in the field. These experts possess in-depth knowledge of multiple clinical specialties and are proficient in coding and billing across a range of insurance providers, including Medicare, Medicaid, Workers' Compensation, and 25+ commercial insurance providers like Horizon and AETNA.
In addition to medical coding and billing expertise, Transorze employs advanced computer-assisted coding systems (CACS) such as Medisoft, Practice Admin, Advantx, and eClinicalWorks, which streamline the coding and billing processes and improve overall accuracy.
Client-Centric Approach and Customizable Services
One of the key strengths of Transorze is its ability to offer customizable solutions tailored to meet the specific needs of clients. Whether it's adjusting the Turnaround Time (TAT) or adhering to specific Service Level Agreements (SLAs) and Non-Disclosure Agreements (NDAs), Transorze ensures that its services align with the client’s requirements. This client-centric approach enables Transorze to build long-term, trusted relationships with its clients, helping them achieve operational excellence and improve their financial performance.
Operations Commenced On 2010
Franchise Commenced On 2015
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 30 %
City Wise
Investment INR 50000 - 2lakh
Unit/Brand Fee INR 200000
Master/Brand Fee INR 500000
Royalty/Commission 30 %
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 200 %
Likely pay back period of capital for a Unit Franchise 6-11 Months
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 1500 - 3000 Sq.ft
Preferred location of unit franchise outlet city
Detailed operating manuals for franchisees Yes
Franchisee training location Head Office
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 1 Year
Is the term renewable? Yes
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