Welcome to Outsourcing Guide
Outsourcing Strategy Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Outsourcing in The Healthcare Industry
from:Outsourcing has dropped its anchor in many an industry today. It started with small time projects such as a telephone answering service or a garment manufacturing company but now there is no such industry which does not have at least one part of their operational functions outsourced to someone else who is probably better equipped to do it, is cheaper and can produce the same quality as an in-house team would have provided. There is tremendous competition too among the various outsourcing companies. The demand is high and more and more people are jumping in trying to do their bit to gain international exposure and benefit from the obvious financial outcome of dealing in foreign currency.
Outsourcing in the healthcare industry began as soon as people realized that there is so much that can be done especially with BPOs and call centers having proven that already. Healthcare industry has also chosen to adapt outsourcing in an attempt to reduce costs and possibly delivery time as well. Standards and service level agreements were brought in to ensure that quality of work that is so critical in healthcare is not compromised.
Some or the other form of outsourcing was always seen in hospitals and medical institutions. You had security and housekeeping and pest control services being run by external agencies. Some hospitals do not have a full time medical staff, but call in consultants and physicians running a private practice to help out when the necessity arises. For eg, a children’s hospital may not need a full time skin specialist on board. After all, how many children would come in with skin complaints everyday. However they just cannot do without a pediatrician. Healthcare services gradually realized that they could cut down on full time non-essential services and still retain the choice of calling for help when required.
Medical transcription and medical billing soon followed suit. As with any other reason for outsourcing, even in healthcare people figured out that some services did not require them to employ full time staff and that they could get the same job done in half the time paying half the money elsewhere. The latest in healthcare outsourcing is telemedicine. Specialist doctors in India and Israel are able to look at scans and X-rays through internet tools and advise other doctors or patients without both incurring any additional costs. Technology has advanced to such a level that you no longer need to physically visit a doctor or fly in a specialist to get treated, you can do it sitting at home.
Outsourcing Strategy Specific links
Outsourcing Strategy News
Massive Layoffs at HP Make for IT Outsourcing Identity Crisis - CIO
Massive Layoffs at HP Make for IT Outsourcing Identity Crisis CIO Will it be a low-margin service provider or strategic business partner? By Stephanie Overby CIO — It's been more than three years since HP acquired IT services provider EDS, and the long-term direction of its bigger—if not better—outsourcing ... Analysis: Massive layoffs at HP make for IT outsourcing identity crisis |
Talking Strategy: companies should consider the benefits of 'transformational ... - Financial Times
Talking Strategy: companies should consider the benefits of 'transformational ... Financial Times That's the lesson businesses in a range of industries - as diverse as financial services and telecommunications - are learning as they outsource core operations. In doing so, they reap the benefits of the maturing “transformational” outsourcing model. |
Procurement Services and Technology Leader GEP named to SDCE 100 list for ... - Virtual-Strategy Magazine
Procurement Services and Technology Leader GEP named to SDCE 100 list for ... Virtual-Strategy Magazine We continue to help our clients make the most of their procurement efforts with innovative approaches to strategic sourcing, spend analysis, P2P and procurement outsourcing,” said Neha Shah, co-founder and executive vice president, GEP. |
GeBBS Healthcare Solutions Appoints New VP of Human Resources - Virtual-Strategy Magazine
GeBBS Healthcare Solutions Appoints New VP of Human Resources Virtual-Strategy Magazine GeBBS Healthcare Solutions, Inc., an industry leader in healthcare revenue cycle management outsourcing solutions, announced recently the appointment of Pooja Mehendale as Vice President of Human Resources. GeBBS Healthcare Solutions, Inc., ... |
Open Systems Technologies Expands To Create A Solutions And Services Division - MarketWatch (press release)
Open Systems Technologies Expands To Create A Solutions And Services Division MarketWatch (press release) "It's the driving force behind our go-to-market strategy for the new Global Solutions business." OSGS is aggressively building its outsourcing capabilities and is growing a large book of business, both nationally and globally. |