Running head: BENEFITS OF OUTSOURCING SERVICES 1 Benefits of Outsourcing Services Taryn Davis HCS/370 January 8, 2018 Steve Kovak
BENEFITS OF OUTSOURCING SERVICES 2 Benefits of Outsourcing Services In 2009, the Health Information Technology for Economic and Clinical Health Act (HITECH ACT) was ratified by legislation and President Obama then enforced which started in to the approval of electronic health records (EHR) in the United States. The Act was recognized in a bid to improve the use of health information technology in order to improve healthcare outcomes as well to boost healthcare system performance. This was to strengthen and back the American recovery and reinvestment act of 2009 economic stimulus bill. This health act also provides that health care providers would be allowed financial incentives based on how they demonstrate appropriate use of electronic health records. An electronic health record system refers to an electronic version of a patient’s medical history, that is maintained by the provider over time, and may include all of the key administrative clinical data relevant to that persons care under a particular provider, including demographics, progress notes, problems, medications. By outsourcing this service allows an organization to focus on core business functions and create a competitive advantage by reducing operational costs. Others also believe that outsourcing is now offering much value than it previously did.
You've reached the end of your free preview.
Want to read all 5 pages?
- Spring '16
- Electronic health record, health information, Health Information Technology for Economic and Clinical Health Act