outsource

verb To assign specific work to a 3rd party for a specific length of time at a set price and service level.

Managed care
verb To use outside labour to perform functions—billing and collections, accounting, janitorial services, ER coverage, and others—which could be performed by in-house personnel but would be at a higher price and/or less efficient.

outsource

verb To assign specific work to a 3^rd party for a specific length of time at an set price and service level Managed care To use outside labor to perform functions–billing and collections, accounting, janitorial services, ER coverage and others–which could be performed at a higher price and/or less efficiently by in-house personnel. See Manager.

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References in periodicals archive

- Benefits and drawbacks of using different outsourcing models for development and/or commercial manufacturing needs

Explores How Sponsor Organizations Use Contract Manufacturers to Streamline Costs, Better Manage Capacity, Access Scientific Expertise, Improve Efficiencies and Decrease Time to Market

Francistown South MP, Mr Wynter Mmolotsi had asked how many jobs were exported to other countries in the name of outsourcing services such as auditing, accounting, marketing by companies based in Botswana and why those companies were allowed to outsource services when qualified locals were available to perform such functions.

No monitoring mechanisms on outsourcing

"We recognize that insurance companies can benefit from outsourcing their business processes such as improved productivity of existing operational capacity and trimmed down overall capital expenditures," Funa said.

IC tightens rules on outsourcing

The Outsourcing Rules split those functions and tasks that can be outsourced into two main categories -- 'basic works' and 'non-basic works'.

Technology outsourcing in the Saudi financial services sector: The SAMA Outsourcing Rules

The report estimates that operational management revenues of business process outsourcing (BPO) and cloud services in 2017 are at $876.9 million (AED3.2 billion), with projections to reach $976.1 million (AED3.58 billion) in 2018 and $1.195 billion (AED4.38 billion) in 2020.

$870 UAE outsourcing industry "pivotal": DIC chief

These instructions aim to enhance the proactive environment in FIs on various aspects of the outsourcing including but not limited to governance, risk management, insourcing of services, group outsourcing, outsourcing of foreign branches of banks, information technology outsourcing and collaboration/outsourcing arrangements by FIs with Fintechs (Financial Technologies).

SBP issues framework for risk management in outsourcing arrangement

Interestingly, APQC's data also shows that outsourcing organizations have personnel costs associated with warehousing that are very close to those of organizations that do not outsource.

The benefits & drawbacks of outsourced warehousing: hiring a vendor to manage warehouses and distribution centers is no guarantee of superior performance, but it does offer flexibility

It's interesting to see continued growth in the outsourcing of these common activities, suggesting that they have not yet plateaued.

Taking stock of biopharma's outsourcing markets: outsourcing of testing services on the rise

Keywords: Outsourcing, Service features, Propensity for outsourcing services.

The decision-making matrix of propensity to outsourcing hospital services in Bandar Abbas, Iran

“At a time when there is a growing need to outsource, The Global Outsourcing 100 and The World's Best Outsourcing Advisers listshave become invaluable reference tools to help companies research service providers,” said Debi Hamill, IAOP[R] CEO.

Itransition Makes the List of 2014 Global Outsourcing 100 Companies Once Again

India is the pioneer in the offshore outsourcing field with companies such as Infosys and HCL Technologies.

East Africa's vast outsourcing potential: the outsourcing industry is worth over $200bn today and is likely to grow even faster over the next five years. Outsourcing is when a company sends some of its functions to be performed elsewhere for far less cost than if it did so itself. India is the current world leader in outsourcing but Kagem Tibaijuka * (below) argues that East Africa is ideally placed to join the stream