SOURCE: Premier BPO, Inc.

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July 08, 2010 05:50 ET

Premier BPO, Inc. and JT Healthcare Services, LLC Announce Joint Venture Agreement

CLARKSVILLE, TN--(Marketwire - July 8, 2010) -  Premier BPO, Inc. today has announced that they have entered into an agreement with JT Healthcare Services, LLC for the purposes of establishing a Chinese based Joint Venture to provide back office billing and data management services. This Joint Venture is expected to support JT Healthcare Services, LLC's planned revenue cycle management business in service to U.S. Hospitals.

Premier BPO, Inc. is a leading provider of BPO and KPO services to North American and European Companies. From its headquarters in Clarksville, Tennessee, Premier BPO delivers its services to the world's best companies from multiple geographies including China, The Philippines and Pakistan. Premier lowers the cost and improves the quality of a client's back office operations. Premier was founded in 2003 by an industry savvy team of Senior executives, with over 125 years direct combined experience in the outsourcing and off shoring industry who have implemented hundreds of programs, covering thousands of highly educated, deeply skilled agents, in multiple countries across the globe.

Premier has created a strategic relationship with the Chinese government to provide training and facility cost deferrals, building a "center of excellence" specifically dedicated to Medical Billing in Kunshan, China, approximately 45 kilometers from Shanghai, and has access to an extremely large, highly educated work force in the Jiangsu Province which has 115 Colleges and Universities supplying hundreds of thousands of English literate graduates.

JT Healthcare Services, LLC is positioned to be a leading provider of full revenue cycle outsourcing (RCO) services to healthcare providers through aggressive organic and acquisitive growth. Their founding management team consists of seasoned executives that pioneered the industry and built successful RCO businesses with integrated technology offerings. Through this joint venture with Premier BPO, JT Healthcare will leverage a BPO model using scale and automation to elevate service levels while lowering costs and increasing profit margins for hospitals and physician groups in this $50B revenue cycle processing market with huge untapped scale opportunities. Most revenue cycle processing is still performed in-house at hospitals with inefficient and sub-scale back-office operations suffering from economic and governmental pressure to reduce costs and focus on clinical operations.

The partnership created by Premier and JT Healthcare Services will provide end-to-end RCO services which will provide the perfect solution for this crippling drain on health care providers.

Contact Information

  • For more information related to Premier BPO, Inc. contact:
    N. Reese Bagwell
    Executive Vice President, Administration
    Email Contact
    Direct Phone: 931-551-8888

    For more information related to JT Healthcare LLC contact:
    Terry Armstrong
    Email Contact