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Outsourcing Article

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Outsourcing In The Healthcare Industry

from: IM Facts


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. 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, charges less 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 example, 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 Specific links

Outsourcing News

Venture Outsource Launches Online Directory Comparing EMS / ODM Companies ... - MarketWatch (press release)


Venture Outsource Launches Online Directory Comparing EMS / ODM Companies ...
MarketWatch (press release)
SAN JOSE, Calif., Feb 08, 2012 (BUSINESS WIRE) -- Venture Outsource announced today the launch of its online EMS Resources Directory that provides all site visitors a free and unique experience based on specific search parameters and proprietary ...

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Inquiry Into Brothers' Outsourcing Firm Stirs High Political Circles in Mexico - New York Times


Inquiry Into Brothers' Outsourcing Firm Stirs High Political Circles in Mexico
New York Times
The investigation, which has led to international warrants against the director of the firm and one of the Álvarez Puga brothers, has lifted a veil on the widespread tax evasion in the growing and increasingly powerful outsourcing industry here, ...

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To Outsource Or Not to Outsource? That's the Pharma R&D Question - Wall Street Journal (blog)


To Outsource Or Not to Outsource? That's the Pharma R&D Question
Wall Street Journal (blog)
Its latest revamp, announced last week, will cut 2200 R&D jobs and mean Astra is now outsourcing much of its drug research. Tight cost controls and focused innovation are prime objectives for both models. Glaxo's research and development operations ...

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Secretarial services might be outsourced - Reading Eagle


Secretarial services might be outsourced
Reading Eagle
Last year, the Brandywine Heights School District's custodians and food service workers took reductions in wages and benefits to keep their jobs from being outsourced. This year, the secretarial staff could face the same situation.

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Insurer Outsourcing Still Seen as a Viable Tech Strategy - Insurance Networking News


Insurer Outsourcing Still Seen as a Viable Tech Strategy
Insurance Networking News
Survey results reveal 85 percent of insurers are outsourcing at least some work through variable staffing/staff augmentation, legacy app maintenance or data center/infrastructure management. Outsourcing is still very much alive as a tried-and-true ...
Number of Insurers Outsourcing Some IT Functions Reaches 85 PercentPropertyCasualty360

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