Strategic Risks

Strategic Outsourcing and Risk Management for Acme Medical Center Student’s Name Institutional Affiliation Instructor Course Date Strategic Outsourcing and Risk Management for Acme Medical Center In today's resource-deprived environment, Acme Medical Center in Athens, Ohio, can strengthen the quality of community health by joining forces with neighboring healthcare providers such as OhioHealth O’Bleness Hospital, local social‐service organizations, and public health departments. For instance, Acme can subcontract its telemedicine technology to an expert vendor who handles and supports 24/7 virtual remote consultation and Information Technology (IT) assistance. Partnering with a local telehealth supplier based in Ohio ensures that Acme maintains healthcare continuity for rural residents while allowing the organization to dedicate internal resources to physical in-person clinical services. Outsourcing telemedicine will allow Acme to cut costs and improve its technology by capitalizing on economies of scale. The vendor can update their technology and devi...