The Philippines and other low-cost locations are emerging as a big challenge to Indian BPO industry including the healthcare vertical,” a finding from the study conducted jointly by industry body Assocham and global professional services organisation EY said.
Further, competition from leading healthcare BPO companies in the US is a big challenge for Indian vendors, since most of them are specialists in the healthcare sector and provide an increased gamut of services as compared to Indian vendors.
Outlining the various growth inhibitors in healthcare BPO market in India, the study said: “Data privacy is the most critical challenge in outsourcing heathcare processes since personal healthcare information is as private as financial information.”