Outsourcing in healthcare refers to assigning non-core functions to an external entity. This is becoming increasingly popular among healthcare practitioners, particularly small and medium-sized organizations looking to maximize efficiency and decrease costs. Outsourcing helps healthcare firms to focus on their core capabilities while freeing up time and resources to serve their patients better. Why Should.
For more than a decade now, a buzzword around business circles has inspired hope and dread in equal measure. Outsourcing meant handing over certain business functions to a third party and job losses to the staff already working at the company. However, as the practice has continued to stabilize and grow, it has proved to.
A good argument for outsourcing in healthcare is that a healthcare provider’s core competency is diagnosing and treating patients. Therefore, outsourcing non-core tasks in a healthcare facility can go a long way in improving service quality and patient satisfaction. However, outsourcing comes with some risks. As such, it is a tough balancing act, and healthcare.