outsource

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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 3rd 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.

outsource

(owt′sors″)
To contract with employees or managers to perform specific duties as independent contractors or to purchase goods and services from consultants or third parties instead of maintaining or developing goods and services on site. In health care, for example, radiology services are often obtained from off-shore locations, and intensive care unit expertise is provided by telemedicine and robots to small hospitals by staff in tertiary care hospitals.
outsourcing (sor″sing)
References in periodicals archive ?
In addition, Conseco made the decision to return more of the outsourced jobs to its operations facilities in the United States.
In March 2003, Guardian announced that it awarded outsourced software services to Patni Computer Systems (P) Ltd.
Most companies have traditionally outsourced a variety of tax functions, including executive tax return preparation services, expatriate tax administration, relocation tax administration, and the tax-compliance function of foreign locations.
C&L: Outsource engagements of the type you envision are generally fixed-fee type arrangements where the obligation to attain efficiency passes to the vendor of the outsourced service.
AA: Yes, lack of continuity when the whole tax department is replaced is a significant reason why the entire tax function is not outsourced.
Most companies have traditionally outsourced a variety of tax functions, including expatriate tax administration, executive tax preparation services, and relocation tax administration.
This will ensure that only activities that are cost effective to be outsourced are contracted out.
Tax department activities that involve discrete recurring, process-driven tasks, as well as seasonal requirements, and tasks whose volume fluctuates from year to year lend themselves readily to a higher perceived value for the cost if outsourced.
Managed and outsourced network services represent a large but slow-growing market
Managed and outsourced desktop services is a mature infrastructure services market
Of those companies that have outsourced, 65 percent surveyed reported that they are satisfied or very satisfied with their current HR outsourcing arrangement.
By and large, companies that have taken the leap and outsourced their internal HR activities are realizing the results and goals they hoped to attain," said Oshima.