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Robert RobertT.T.Yokl Yokl
Outsourcing as a Strategic Weapon Robert T. Yokl, President, SVAH Solutions
All healthcare organizations need to dramatically reduce their costs and improve quality to stay relevant in the current healthcare environment where customers are looking for the best value vs. just lowest cost options. One strategic weapon for reducing your organization’s costs and improving your quality is outsourcing. Generally, outsourcing contracts can represent 12% to 25% of your total purchased services contract portfolio and can be a smarter, leaner, and more productive alternative to insourcing a function.
Strategic Weapon Companies of all sizes are realizing that outsourcing, or the decision to have an outside party perform non-core support or clinical functions for their organization as opposed to performing it themselves, can be a strategic weapon. Why? Because an outsourced vendor can often provide a key function or service more effectively and cost efficiently than can be delivered with their own staff. For example, a few years ago we assisted a large community hospital in outsourcing all of their
Volume 1/Issue 1
Healthcare Purchased Services Magazine
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