Omega to hire 600 People for its Trichy operations before March 2012

Healthcare BPO Omega Healthcare Management Services will hire 1,100 people before March 2012, majority of which will be recruited for its new facility at Trichy in Tamil Nadu.

Omega will add over 600 people in the Trichy facility, another 300 in its Chennai facility and 200 in Bangalore. By the end of the fiscal it will have total employee strength of 4400.

The company, which is into the revenue cycle management services of healthcare centres in the US, is adding 12 new clients this year. It is also upbeat over the opportunities in providing medical coding services for the hospital segment after the American healthcare centres move to the tenth revision of International Classification of Diseases (ICD-10) by 2013.

“Under the new system, healthcare centres will have to increasingly resort to outsourcing. Of our 85 clients, only five are hospitals and rest are clinics run by physicians. Hospitals contribute 15 per cent to our revenues, however this should soon go up to 25 per cent as several hospitals are approaching us for handling their revenue cycle management,” said Gopi Natarajan, CEO of Omega Healthcare.

Similarly, off shoring constitutes 50 per cent of the $11 billion medical billing market in the US as labour accounts for 70 per cent of the cost in billing