Outsourcing of Hospital Services - 1644 Words

Outsourcing of Hospital Services Every business has to determine whether they should perform a service themselves in-house or outsource that particular service to an outside vendor. Facility services and managements are just two of the services that can be performed either in-house or outsourced to a vendor. The following graph shows the relationship between company size and potential need for outsourcing. As a company reaches 1,000-10,000 employees, the potential need for outsourcing drops dramatically. In organizations of this size, sufficient resources can usually be found in-house to perform a function, as well as having resources to handle backup coverage. [pic] At first glance, it seems counterintuitive for a company to†¦show more content†¦o It enables companies to focus on their core business function. Outsourcing takes care of ancillary functions in part or in totality. This optimizes the company s growth based on its core or specific business. o Reduces operating costs by focusing on major business area. This way, the capital funds always remain available for the core business instead of being diverted to other supporting portions of the business. o Outsourcing when taken off shore gives you access to world-class capabilities. You can leverage global resource networks to support your business. It gives you another perspective or dimension to the existing business for more efficiency. o It fosters and sustains an exceptional safety culture, emphasizing training and employee morale o Creates flexibility with the facilities to even provide support in times of industry uncertainty. o Speeds up work, shares innovations for best pra ctices. You can maintain competitive edge with new ideas. o Reduces risk and increases productivity. o Frees many resources for other purposes for enhancing or expanding your business in other directions. o Companies can saveShow MoreRelatedProposal Plan Part 11149 Words   |  5 Pagesvice president of Human Resources for VS Lecoin s Family Hospital I am responsible for 500 employees. I have a proposal that will address what type of staff VS Lecoin s Family Hospital requires, what type of organizational behaviors we should include in the facility toward our staff, workforce diversity, implementing diversity, employee relations, and employee retention plans. I also want to focus on why we should not use outsourcing for this facility. Brief background on the VS Lecoin sRead MoreEssay about Offshoring at Global Information Systems918 Words   |  4 Pagesoffshoring 3,000 jobs from here in the U.S to company locations in China, India and Brazil. These were highly compensated job positions. About half of GIS is separated into a division known as Global Services Divisions. A considerable portion of GSD’s business came from customers outsourcing their business process needs. GSD began to seek ways to cut costs and improve performance by â€Å"offshoring† certain activities in order to present the most attractive value proposition to potential customersRead MoreFinancial Management As A Whole For A Healthcare Organization845 Words   |  4 PagesBecker’s Hospital CFO, there are nine main trends in health care finance, regarding outsourcing and transactions {Brief description in chronological order}: ï‚ § The merger climate gives hospitals scale: Merger climate allows for the opportunity of thought for ways for individuals to lower their cost position (Herman, B. 2013). ï‚ § Hospital acquisitions continue to occur within three major buckets: The three main ways are hospitals and systems, acquiring other hospitals and systems; hospitals acquiringRead MoreRoles And Responsibilities Of An Organization896 Words   |  4 Pagesmarketplace we live in today, companies and organization have to deliver their goods and services at faster rate and at a higher quality of service than ever before. An organization also has to be able to quickly diversify its services in order to meet the changing needs of its clients and customers. To meet these needs always requires the adaptation of new skills and abilities to provide newer and improved goods and services. In essence, organizations need to develop according to the demands of its clienteleRead MoreHealthcare Services : An Essential Part Of A Primary Physician969 Words   |  4 PagesAncillary services refer to the variety of healthcare services provided to encourage the work of a primary physician. Ancilla ry services categorized into three classifications: diagnostic, therapeutic and custodial. These services are intended to meet a specific medical need for a specific population. An ancillary specialist encompasses and aids the primary care provided by the primary healthcare providers. 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The hospital treats patients within the community, across the U.S. and countries around the world. The organization serves as a Level 1 Pediatric Trauma Center and Level III Neonatal Intensive Care unit, which both are highest possible classifications. The purpose of this paper is to develop a strategic plan that will implementationRead MorePros and Cons for Outsourcing1710 Words   |  7 PagesThe Pros and Cons of Outsourcing services in the US By Berend Schoute (1713035), student of the VU university Amsterdam. INTRODUCTION Hillary Clinton, I dont know what reality the Bush administration is living in, but its certainly not the reality I represent, from one end of New York to the other. This response came on the statement of the head of U.S. President George W. Bushs Council of Economic Advisers, Gregory Mankiw. He said: outsourcing is just a new way of doing international Read MoreThe Public Health Infrastructure Of Pakistan Essay875 Words   |  4 PagesThe public health infrastructure in Pakistan includes 965 tertiary and secondary hospitals and a total of 13052 first level care facilities (Nishtar et al., 2013). Population to health facility ratios improved from 28 971:1 in 1947 to 12 357:1 currently (Nishtar et al., 2013). Several studies found that unqualified practitioners are responsible for providing up to 50% of the health care in the community especially rural and urban slums. A recent survey showed that only half of the children with ARIRead MoreJamba Juice1403 Words   |  6 Pagesthe downfall of the economy there might be outsourcing done and you could lose your job. They could implement cost cutting and outsource your job to Mumbai and if it happens you could be jobless. In a case of outsourcing obtain the necessary experience and move on to another pharmaceutical competitor. If possible I would like to explore the outsourcing team due to the fact in which outsourcing is the new business model. By working with the outsourcing team it would be greatly beneficial to me because