outsourcing


Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia, Wikipedia.

outsourcing

A method in which services usually provided by the health care agency are now allocated to another firm or agency.
References in periodicals archive ?
Claims business-process outsourcing requires considerable forethought about how it fits into the claims operation.
Of those polled, 36 percent said they were likely to add still more functions to their outsourcing lists.
Outsourcing provides seasonal labor without the overhead of permanent hires, which is particularly helpful to firms dealing with a staff shortage.
Nearly half of the study participants identified hidden costs as the most common problem when managing outsourcing projects.
Testing the outsourcing model at relatively low risk to the organization.
When you have those kinds of rates, that's not even an advantage over Silicon Valley," points out Harry Sarwari, chairman of outsourcing firm OneBPO in Freemont, Calif.
Service level agreements (SLAs) around security and high availability are two components of the IT outsourcing contract that often need to be adjusted to match the industry's sensitivity to uptime and security of information.
Dinnocenzo, president at Wexford, Pennsylvania-based consulting and training firm ALLearnatives, says small business outsourcing has been on the rise for about 10 years.
A similar format is used throughout the book's remaining seven chapters, which detail the key steps in the outsourcing process: planning initiatives, exploring strategic implications, analyzing costs and performance, selecting providers, negotiating terms, transitioning resources, and managing relationships.
OPI collaborates with each client to deliver customized business process outsourcing solutions that range from single service functions, such as accounts payable or accounts receivable, to full-service finance and accounting, including general ledger accounting, SEC financial reporting and risk management.
The history of outsourcing has been to a large extent a history of redrawing the line between core and noncore business processes.
Even when the market exits the current downturn, demand for business process outsourcing likely will continue.