by: Karen Cayamanda
Monday, March 28, 2016 | Outsourcing News |
The healthcare information management (HIM) sector of the Philippines opens job opportunities to Filipinos. It is also one of the growing sectors, contributing to the continuous growth of the outsourcing industry. That is why the Department of Trade and Industry promoted the country as an attractive investment destination on healthcare information management at the Healthcare Information Management Systems Society (HIMSS) Annual Conference and Exhibition held recently at the Sands Expo Convention in Las Vegas, Nevada.
The Philippine delegation to the US healthcare roadshow was led by DTI Industry Promotion Group (IPG) Undersecretary Nora K. Terrado. She said the conference helped in positioning the country abroad, and to attract investors and companies in the healthcare industry to set up operations in the country. Representatives from the government and business process outsourcing companies joined Terrado as the first delegation of the Philippines to the HIMSS conference.
As one of the leading sectors in the country, the healthcare information management sector employs 100,000 Filipinos. Its workforce is expected to reach 135,000 by the end of the year. Terrado said there is a growing demand for HIM services, and they are looking at attracting more US healthcare firms that will open more jobs for Filipinos.
DTI also cited a MarketsandMarkets research which shows that the healthcare industry accounts for 17.7 percent of the US GDP, translating to almost $3 trillion in spending every year. The industry is likewise expected to expand to $4.8 trillion by 2020. This means that there is potential for the HIM sector to grow and open more job opportunities to Filipinos who have a competitive advantage in terms of communication skills, affinity to Western culture, and strong customer service orientation.