The Indo-American
Chamber of Commerce celebrated the 11th Indo-American Corporate
Excellence Awards on July 28 in Mumbai. The awards program was intended to recognize and inspire companies in
various sectors which are doing outstanding work in their respective fields. The awards
ceremony was attended by an audience of over 500, comprising eminent Indian and
American leaders from all walks of life. Amongst the Indian companies in the US category, the Excellence
in innovation was won by Data Marshall Pvt Ltd. for its pioneering work in the ‘Payment Integrity Audit’ services for
US hospitals. Data Marshall is one of the very few healthcare Revenue
Analytical companies (especially in the Payment Integrity space for Hospitals)
in U.S; and the only Indian company to provide the Revenue analytical
services both from an onshore & offshore location.
Mr. Ravi Ryali, the Co Founder of Data Marshall, received the award on
behalf of the organization and mentioned that he was “thrilled to receive the
prestigious award from IACC and consider it a recognition of our efforts to
create WEALTH FROM WASTE, ABANDONED & CLOSED CLAIMS for the hospitals”. As
per the latest US government reports over 56 billion dollars worth of claims
have been underpaid. This number has been increasing over the past 5 years and
is expected to rise going forward considering the changing healthcare
guidelines, and the dynamic nature of the healthcare sector. Mr. Ryali also
exuded confidence that Data Marshall can serve the Indian “over the next
decade, we see a huge scope & potential for Payment Integrity Audit in
India with the healthcare sector moving towards adopting the US healthcare
structure, and anticipate that Payment Integrity Audit services will contribute
towards ensuring compliance adherence by the insurance organizations, hospitals
& patients”
Speaking on the occasion, Mr. Sharath Kumar, the Vice President for
Healthcare services said “It’s a huge honour to receive this award!! The
stupendous success of this initiative is a testimony of the deep domain
expertise, conviction & untiring efforts of the entire team”.
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ABOUT
DATA MARSHALL:
Data Marshall is a healthcare
"Claim Life Cycle Management" company, offering administrative,
revenue management and healthcare revenue analytical services across the
various stages of the claim to the hospitals in the US. With over a decade of
experience, our services focus on effective revenue management in the
healthcare space, through high-end analytics, efficient processes, productivity
enhancements & deep domain expertise. Data Marshall has experience spanning
the entire life cycle of the claim, with service offerings across the Provider
& Payer domains, and the capability to leverage on the experience to
enhance specific process deliverables.
From a modest beginning in 2002, as
a small healthcare claims transaction processing company from Hyderabad India,
today Data Marshall is proud to be one of the very few Health Care Revenue
Analytical companies (specially in the revenue integrity space for Hospitals)
in U.S. And the only Indian company to have pioneered the Revenue analytical
services both from an onshore & offshore location
Data Marshall provides onsite &
offshore services through our delivery locations based in the US (Ann Arbor,
New York & Nashville) and India (Hyderabad).
Over the next decade, Data Marshall
is expecting huge scope & potential for Payment Integrity Audit in India
with the healthcare sector moving towards adopting the US healthcare structure,
and anticipate that Payment Integrity Audit services will contribute towards
ensuring compliance adherence by the insurance organizations, hospitals &
patients.
As per the latest US government
reports over 56 bil dollars’ worth of claims have been underpaid. This number
has been increasing over the past 5 years and is expected to rise going forward
considering the changing healthcare guidelines, and the dynamic nature of the
healthcare sector. The hospitals in the US are starting to realize the
potential of the PIA services, and the importance of implementing them; we see
a huge opportunity to serve more and more hospitals, ranging from rural
hospitals to community hospitals to huge health systems. Thank you once again for the opportunity
& the recognition.
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