Finnastra
Finance and Accounting
Finnastra is a technology-driven organization that provides finance and accounting services for healthcare and life sciences, known for its innovative revenue cycle management solutions.
Size
Private
Mission
To empower businesses and healthcare providers through technology-driven solutions that enhance performance and enable a focus on delivering exceptional service.
About
Finnastra offers finance and accounting services along with comprehensive medical billing and revenue cycle management for clients in healthcare and life sciences. The company operates using an offshore model and supports clients primarily in the United States.
It is recognized for its guaranteed cost-cutting measures and a high accuracy rate in claim submissions, with advanced technology and transparent reporting.
Services
Finastra provides finance and accounting services supported by comprehensive medical billing and revenue cycle management. These services include claims processing, billing and invoicing, data entry and processing, document indexing and digitization, and performance management and SLA reporting. Each solution is tailored to support the operational efficiency and financial performance of healthcare providers.
Capabilities
Claims Processing
Billing & Invoicing
Data Entry & Data Processing
Document Indexing & Digitisation
Performance Management & SLA Reporting
Industries Served
The company serves clients in healthcare and life sciences. It has experience supporting medical billing companies and healthcare providers with services aligned to industry-specific requirements and technology platforms, ensuring compliance and accuracy in financial operations.
Unique Stregths
Finastra is known for its innovative technology-driven solutions, offering clients significant increases in revenue and reduced operational costs. Its approach includes guaranteed accuracy in claim submissions and a commitment to HIPAA compliance, which helps deliver consistency and reliability in service delivery.
Delivery Footprint
Headquartered in Bangalore, India, the company operates using an offshore delivery model. It serves clients across the United States, with teams working in secure environments to ensure reliable and efficient service delivery.
Certifications
No items found.
Verticals
Healthcare & Life Sciences
Clients
No items found.
What's the main service provided by
Finnastra
?
Finastra specializes in finance and accounting services, particularly focusing on medical billing and revenue cycle management tailored for clients in the healthcare and life sciences sectors. Their extensive service offerings include claims processing, billing and invoicing, data entry and processing, document indexing and digitization, as well as performance management and SLA reporting. Each service is designed to enhance operational efficiency and improve financial outcomes for healthcare providers.
What additional services does
Finnastra
provide?
When was
Finnastra
founded?
Finastra was established in 2010, which means that as of 2024, the company has been in operation for 14 years. Since its inception, it has dedicated itself to providing innovative solutions in finance and accounting, particularly aimed at supporting healthcare providers.
What industry verticals does
Finnastra
serve?
Finastra primarily serves the Healthcare & Life Sciences sectors. Their focus on these industries enables them to deliver specialized services that meet the unique requirements and regulatory standards inherent to healthcare and related fields.
What delivery model does
Finnastra
offer?
Finastra employs an offshore delivery model, meaning that their services are provided from locations outside the client's home country, in this case, India. This approach allows them to offer cost-effective solutions while maintaining high standards of service quality. By operating offshore, they leverage a skilled workforce to deliver services efficiently to clients in the United States, ensuring a reliable and effective service experience.
How many employees and/or seats does
Finnastra
have?
Can
Finnastra
be considered a good service provider for startups?
Finastra's robust service offerings in finance and accounting make it a suitable option for startups, particularly those in the healthcare sector. With an emphasis on technology-driven solutions and operational efficiency, startups can benefit from the expertise and tailored services that Finastra provides. However, startups should consider their specific needs and whether a commitment to an offshore model aligns with their operational strategy.
Can
Finnastra
be considered a good service provider for SMBs?
For small and medium businesses, Finastra presents a compelling choice due to its flexibility and ability to scale services according to the growing demands of clients. Their comprehensive service portfolio, particularly in medical billing and financial management, can support SMBs in enhancing their financial operations and achieving growth. The commitment to cost reduction and high accuracy can significantly benefit these businesses, enabling them to focus on their core competencies.
Can
Finnastra
be considered a good service provider for enterprises?
Finastra is well-positioned to serve enterprises and large companies, given its specialized offerings and experience in the healthcare sector. Their offshore delivery model allows for significant scalability, which is essential for large organizations looking to streamline operations while managing costs. With a focus on compliance and accuracy, Finastra’s services can provide the reliability and sophistication needed for enterprises to maintain high standards in their financial operations.
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