The Healthcare Information Management Outsourcing Association of the Philippines (HIMOAP) is projected to rake in earnings worth $1 billion and have 100,000 full-time employees in 2016.
This year, it aims to achieve $433 million in revenues and employ 43,000 workers. The industry saw a growth rate of more than 100 percent from $102 million in 2010 to $277 million last year.
HIMOAP and the Department of Science and Technology-Information and Communications Office (DOST-ICTO) are gearing up to sustain the growth of the industry and reach its targets. Juanloz Botor, President at HIMOAP, said the DOST-ICTO has the same goals as they do, as well as projects such as training programs for the local talent and programs to boost investor confidence. The organizationís partnership with the DOST-ICTO is also anticipated to increase the number of professional medical coders and billing specialists in the country.
Furthermore, HIMOAP has already participated in successful events such as at the 2012 American Health Information Management Association (Ahima) Convention and Exhibit held in Chicago, Illinois; the Medical Coding and Billing Master Trainersí Training Program that is set to be integrated towards the end of 2012, and the Healthcare Information Management Outsourcing Services Congress 2012 in the Philippines.