BENEFITS OF OUTSOURCING SERVICES 1 Benefits of Outsourcing Services La Kesha Smith HCS/370 February 13, 2017 Dr. Mosunmola Adeyemi
BENEFITS OF OUTSOURCING SERVICES 2 Benefits of Outsourcing Services The idea of outsourcing began many years ago when large corporation aimed to become larger, integrated and diversified (Gobble, M.M. 2013). Since the early 1970s, outsourcing has and continues to be a popular option for small, medium, and large organizations. The benefit of outsourcing services enables organizations to focus on their core competencies, potential to increase the quality of services, and most importantly lower cost. Organizations may choose to outsource various functions based on the particular type of function and if it will be beneficial overall. When an organization decides to outsource a function, they must analyze the benefit, as well as the risks involved with the effects of outsourcing and how it may alter the culture of the organization. Atwood Laboratories has recently received an increase of patients due to the closing of a local large laboratory. With the influx of patients, Atwood’s billing has also increased tremendously, and the company is considering outsourcing the patient billing function to help accommodate the additional work. In identifying the benefits and risk of outsourcing, there are multiple things to consider, such as motivations for outsourcing,
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- Spring '16
- Management, Outsourcing Services, Harland