Rising Healthcare Costs and Outsourcing | healthcare

The cost of healthcare in the US has been steadily increasing in the past few years, and according to some projections by consultancy firms, the trend will continue. This has lead to increasing acceptance of outsourcing by different hospitals and healthcare providers across the country. Information technology, medical transcription, medical billing, and medical coding outsourcing have been increasing in response to the need to reduce cost.Healthcare Costs On the RiseOn the 15th of September, New York based consultancy firm, Towers Watson (NYSE:TW), projected an 8.2% increase in employer health care costs for 2011. According to Ron Fontanetta, senior health care consultant with Towers Watson, “Employees today are adjusting to historically lower-than-average merit pay increases, while at the same time facing higher health care contributions, copays and deductibles. This combination could adversely affect many employees and intensify the growing affordability crisis.”Meanwhile, Chicago based company, Hewitt Associates (NYSE:HEW), estimates that it may be as much as 9%. In Chicago, the projection is as high as 12.4%. The figure is the highest it’s been in five years.In a statement by Hewitt’s health care practice leader Ken Sperling said, “Employers continue to struggle to balance the significant health care needs of an aging workforce with the economic realities of a difficult business environment.”The report attributes the increase to an aging workforce, coupled with increasing costs of technology as well as the health care reform act.Cost And OutsourcingThere’s certainly no doubt that the cost of healthcare is increasing and in response, healthcare providers and hospitals are struggling to maximize revenue while minimizing expenses in order to reduce the cost on consumers.One example is Hendrick Medical Center, who, on the 7th of September, signed a managed service and recruitment process outsourcing contract with AMN Healthcare Services (NYSE:AHS). Ralph Henderson, AMN President for the Nursing and Allied divisions, said that the contract would result in, “lower bill rates and operational costs, reduced liability and mitigated insurance risks, and increased compliance with clinical standards.”Outsourcers in the meantime are expanding into the healthcare space in order to take advantage of the opportunity.As MaryAnne Pace, co-founder of company, Health BluePrints stated, “Healthcare providers are looking for solutions to increase net cash, achieve revenue cycle performance improvement, enhance operational efficiency, and improve overall patient and physician satisfaction.” The company was recently acquired by NCO Group, who along with the acquisition also released a new end-to-end Healthcare Revenue Cycle Management (RCM) solution on the 13th of September.Another company moving into the healthcare space is Tricom India (NSE:TRICOM), who is currently acquiring US healthcare service provider GTESS Corporation. The news announced on the 14th of September came after Tricom India announced that it recently secured a five-year contract from a US-based healthcare firm for $10 million. Meanwhile, Conifer Health Solutions also announced an acquisition on the 28th of September. The company is acquiring MediHealth Outsourcing in order to strengthen its position in the healthcare outsourcing space.Healthcare NumbersAs the trend of rising healthcare continues, healthcare providers and hospitals are looking to reduce costs, and at this point one of the solutions they are turning to is outsourcing – an opportunity that outsourcers are gearing to take advantage of. Healthcare, just like any other business, has to worry about the numbers.

Online Backup Small Business Services – A Must | business services

The benefits of backing up business data online are many. Being able to access the data from anywhere is one important benefit of using an online back up service. Another important benefit of backing up data online is preventing loss through catastrophic events such as fire, earthquake, or suffering the more common catastrophic event, the brownout.Being able to offer a security package that allows businesses to protect key computers or the entire computer network is also an important benefit of a backup service provider. When data that has not been saved on via a backup service and is lost, it is gone forever.The quality of saved data is important as well. Choosing a backup service that helps to configure the backup process to fit the needs of the business is critical. Data that has been saved to a backup location should be accessible.The old method of storing data on tape is not only risky it is cumbersome to access. A backup service should provide a platform that enables the business to access data from any location or mobile device. The data should be accessible in a format that is immediately usable.There are risks involved if the method of backing up data is not closely mirrored to the business’s function. Choosing a service to backup data should begin with a question about how the security of the data is addressed. How the data is saved is another important aspect of backup services.Configuring saved data should involve more than just sending files to an online warehouse. There should be a structure provided by the backup service that allows the data to be saved in an approachable manner by modern technology. This can be addressed in questions about how the back up service monitors the data that is being safeguarded.A backup service company that provides a complete service package that begins with consulting with businesses to determine how data should be saved, assisting the business during the setup process, and then monitoring the data that is saved is invaluable. The three aspects of safeguarding data, consultation, setup and monitoring, allow the business the assurance that the data is not only safe but accessible in an instantly usable format.The importance of monitoring your data backups is one of the important steps that a good backup service performs to keep your data safe. Monitoring should include a constant vigil against outside threats such as hackers or viral corruption of data. Monitoring should also include a protection against data erosion, mechanical malfunction and internet security. A monitoring system should provide saved backup as changes to original data are made and saved on the business’s computer.When the recovery tool is needed it is critically important that the tool function in a seamless and rapid fashion. Online backup small business data service is a complete package that encompasses safety and security of important data by combining services that allow the business the convenience of data storage, recovery, and access.

Fashion – Back to the Future | Fashion

What style are you most comfortable wearing? Do you know where the fashion you feel most comfortable wearing came from? The world of fashion and design is truly compelling with the intrigue and excitement it provides people like you who are among those who enjoy displaying different trends in fashion. The fads that are all in the present all came from the past designs that started way back the 19th century. Knowing this will give you the idea on the real personality that you have been dreaming to display in your fashion as well as the ones who made a mark in the mod world that most men and women are getting.From long ago, even if men are also integrated with the same fashion sense provided by the many designers; women are more of the target in the fashion designing. In the earliest years of mod designing, the name that started it all goes back to Charles Frederick Worth (1826-1895). His success started the vintage fashion even before the maison couture in Paris started. Worth was more than just a tailor; he was the very first man who had ever dictated what his customers must wear! Could you just imagine how great an achievement it was to be the dictator of fashion at that time?You can trace back up to this time the trend of drawing fashion on a paper among designers to picture the right fall of fabric on their design as well as the form and pattern the design is meant to have, who would have guessed that this practice goes a long way back? Many fashion houses hired the services of painters and artists to make the design presentation for customers to view than actually having to make a completed form, which evolved to the publications of the magazines.The fashion world turned to French fashion in the early 1900, This was the time of the hour glass shape for women that started in the vintage fashion they displayed; the corset that some women are still wearing up to the present became very famous to show the S-bend silhouette. You can just imagine how women have been so vain in their waistline already. The flimsy lines came after the 1908, gone are the bulky petty coats underneath the garments. The pleating and dyeing process came to be reflected in the clothing until the World War I where women were dressing for comfort and not for fashion, women learned to work and became practical at these times.Skirts were introduced in 1915 in the ankle length until it became shorter up to the mid-calf. The vintage fashion started having the short skirts together with the introduction of the automobiles. Many changes happened, carriages to cars; long-train gowns to pinafores above the knees; skirts to short bobs until women even started borrowing their clothing from men’s fashion. The A-line skirts did not take so long to be patronized since many fashion designs were introduced really fast in the market. Some of the hairstyle and fashion of that time changed with the time and some very famous designers of the present time came from this era of vintage clothing designing like Jean Patou and Coco Chanel as well as many others.The sudden change in the women’s fashion again came in the 40s, many vintage fashion houses closed. After the war, new fashion came with a complete new look, the designers from the early years like Chanel disliked the new look, it was the end of women following the Paris fashion.The 60s was slowly introducing the retro fashion; simplicity has reached the extreme almost deleting the glamorous style of fashion from the 1900s until the radical expression of clothing matched with music and lifestyle; glam rock and punk are among the examples.What you wear now are still reflections of the past fashion worlds that came. The inspiration in the art of fashion is found in the retro fashion of the 60s to the 80s. The scarves, the pant cuts and even the skirts are all from different patches of the fashion world’s past. Look back and there will always be a fashion you can emulate in your personal style. It really is a fashion world out there!