Read: The outsourcing explosion

Fierce Health Finance: April 21, 2015

Hospitals turn to outside firms to provide more clinical services [Special Report]

Hospital imaging often renders a disquieting financial picture. The equipment costs millions of dollars to either purchase or lease, is often manpower intensive to operate and usually needs replacement or major upgrades every few years. That’s not to mention the constant pressure to optimize patient throughput in order to pay for the equipment in the first place.

Georgia Regents Health System, which operates Georgia Regents Medical Center, … decided to outsource responsibility for much of its imaging services. In 2013, it entered into an agreement with Philips Healthcare to not only provide new imaging equipment, but manage radiology and cardiology services, clinical monitoring of patients, and the relevant education and training for GRHealth staff.

Read the full article: The outsourcing explosion