Note: This article was published in the November, 2015 issue of the Small Business Journal, as part of a series on the dynamics of outsourcing. Click here to view the published version. Outsourcing Economics The main reason why companies outsource processes they can reasonably perform in-house is to save money. There are some direct apples
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Overview As we all know, in an effort to reduce DME reimbursements, Medicare introduced the concept of the competitive bid. It forces all suppliers to submit their lowest bid for the category/price that Medicare would reimburse them. In 2011, CMS announced the start of the competitive bid for nine areas and specific medical equipment. In
Read MoreNote: This article was published in the September, 2015 issue of the Small Business Journal, as part of a series on the dynamics of outsourcing. Click here to view the published version. OUTSOURCING AND EMPLOYEE MORALE You have a 100 employee company and are experiencing steady growth. 20 employees perform low to midlevel clerical tasks.
Read MoreNote: This article was published in the June, 2015 issue of the Small Business Journal. Click here to view the published version. Outsourcing: How and Why Today’s business markets are faster moving and becoming more competitive than ever. Businesses are under relentless pressure to improve their offerings and keep costs low. For most businesses, labor costs and the
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