New Document Outsourcing Options Can Yield

Top executives face unrelenting pressure to continually identify cost-cutting opportunities. It's enough to keep presidents and CEOs up at night. Fortunately, a new trend in document management presents them with new options to lower costs, reduce waste, and streamline operations.

While rising healthcare costs present a challenge to many companies, the healthcare industry is leading the way in harnessing the potential of document management improvements to reduce spending. A document solution developed by two industry leaders, Commodity Sourcing Group and Henry Ford Health System, provides insight into best practices that can be applied to any organization.

Healthcare organizations have much in common with any company. They are challenged to eke out every possible savings, thereby freeing more resources to directly serve their customers. Such efforts are essential, and, in many instances, can be life saving.

It is no surprise therefore that providers spend large sums on medical equipment, supplies and real estate in the service of their patients. Managing costs in these areas, as in many industries, has long been a focus. But another significant opportunity to manage costs is less obvious - document production and storage.

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