Vee Technologies among ‘Best Places to Work in Healthcare in 2020’
Bengaluru: As the global healthcare industry navigates through the Covid-19 pandemic the New York-Bengaluru co-headquartered Vee Technologies has garnered a spot among the top healthcare employers in 2020.
The IT services firm that is focused on the healthcare and insurance sector, has been featured in the Prestigious Modern Healthcare’s “Best places to work in healthcare in 2020 among the tip 150 companies.
Modern Healthcare’s recognition programme honours companies in the healthcare industry that empower employees so they can provide patients and customers with the best possible care, products and services.
The companies have been selected on multiple factors, including how they navigated the COVID-19 pandemic crisis. All companies were also scored on more traditional measures such as benefit design, transparent communication from leadership, and others.
Vee Technologies’ team work in tandem with hospitals and insurance companies in the US with the new-age medicare plan that incentivises people to stay healthy. Insurers make money if they don’t have to go to hospitals. The company is the only one in the list with development centres in India at Bengaluru, Salem and Chennai.
Vee Technologies works with over 150 US hospitals, including six of the top 20, helping them handle clinical coding and revenue cycle management services. The company also has e-learning and e-governance solutions, says Chocko Valliappa, CEO and MD of Vee Technologies.
Healthcare remains the firm’s biggest offering – with 3,000 of its 5,000 employees engaged in healthcare analytics.
Vee Technologies is the leader in the hospital revenue cycle, HIM And population health space. The hospitals have been facing major challenges with their reimbursement rate going down year after year and increased documentation.
Vee Technologies works on innovative employee engagement programs to keep its young workforce engaged. The staff in its development centres has been divided into micro companies that compete for prizes running into tens of thousands of dollars set aside for winning team.
The team that comes up with the best ideas to improve productivity and quality standards at Vee Technologies walks away with the money. “We have divided our India operations into over 150 micro companies of 15 members each. The challenge before them is to look at the way work is done in each department — HR, Marcomm, Quality, Admin and Learning and Development — and come up with ways to improve processes,” explains Valliappa.
The work done at Vee Technologies’ development centres is aimed at making America healthy, says Valliappa. We are working on cutting edge areas like Population health, Virtual care, Robotics process automation.
“Vee Technologies, now in its 10th year, prides itself in its ACT, an acronym for Accuracy, Competency and Team work. We have built a team of world class associates who enjoy working together as a global company”, says Vee Technologies President Patrick O’Malley.
The US healthcare outsourcing business is valued at about $ 60 billion. This comprises Healthcare IT, Revenue Cycle Management and Health Information Management (HIM). India and Philippines are the major outsourcing destinations.
The New York-based firm’s natural choice for a non-metro centre in India was Salem, with the Group already having a presence in the city through its educational institutions. With colleges such as Sona College of Technology, that imparts engineering skills, and Sona Yukti, which teaches life sciences skills, talent acquisition needs are fulfilled in Salem itself.
Modern Healthcare is the industry’s leading source of healthcare business and policy news, research and information. It reports on important healthcare events and trends, as they happen, through a weekly print magazine, websites, e-newsletters, mobile products and events. Modern Healthcare’s magazine is ranked No. 1 in readership among healthcare executives.
Modern Healthcare has received awards from ASBPE, ASHPE American Business Media, Trade Association and Business Publications International and the Association of Health Care Journalists.