benefits of outsourcing.docx - Andrea Peterman HCS 370 Benefits of Outsourcing Services Outsourcing is a choice organizations have that can be

benefits of outsourcing.docx - Andrea Peterman HCS 370...

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Andrea Peterman HCS 370 Benefits of Outsourcing Services Outsourcing is a choice organizations have that can be beneficial to companies that are more conscious about cost and the quality of their services. Outsourcing is a way in which organizations delegate the procedures of their business to external vendors. For examples, organization transactions, payroll, ordering and inventory are functions of a company that can be outsourced. Some benefits of outsourcing are cost advantages, increased efficiency, focus on core areas of the company, and faster and better services. Atwood Laboratories is a small company that completes lab work and bills its patients using two staff members. In the case that the neighboring laboratory which was larger has now closed; Atwood Laboratories has been affected, and they are now seeing more patients than usual. Atwood has chosen to outsource its patient billing to another company to accommodate for the influx of patients. Outsourcing patient billing to another company allows Atwood Laboratories’ structure to stay intact. Since Atwood is a smaller organization, the decision-
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  • Spring '16
  • Atwood Laboratories

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