What are the advantages and disadvantages to outsourcing ROI (Release of Information) - Research Paper Example

Advantages and disadvantages to outsourcing ROI (Release of Information)? For many companies, release of information (ROI) is a considerably tough task in that it has to be regulated and controlled, despite the fact that hospitals and such other organizations of huge public concern are required to release their records in order to facilitate national research and development process by law. In addition to its sensitive nature, what further complicates the matter is the unlimited number of requests coming from public and government officials that these organizations have to address while maintaining their anonymousness.

Moreover, such requests are normally time-bound and need to be entertained urgently. This calls for a need to outsource the ROI activity so that things can be accomplished with minimal fuss. The potential advantages and disadvantages of outsourcing the ROI are as follows:Advantages: According to an estimate, Hospital Information Management (HIM) departments need to retain at least three workers on full-time basis and accommodate their pays, monthly privileges and educational expenses in the budget in order to adequately administer the ROI process.

(Fournier, Coffey, and Bellenghi, 2008, p. 22). Outsourcing the responsibility for the ROI offers the owners’ room to minimize the expenses by saving the money that would have otherwise been consumed in purchasing the insurance, facilities and monthly privileges for the permanent HIM employees. Also, money spent on educating the employees through additional training is saved. Not only that, outsourcing the ROI services can be employed as a fundamental means to transfer the risks and all liabilities to the contractor accepting the responsibility.

In addition to that, applications and requests are entertained timely with minimal inconvenience to the applicants as well as the staff. Furthermore, the information is released with increased responsibility and remaining within the limitations imposed by the owners which goes in favor of the owners.Disadvantages: Although usually outsourcing ROI bears more advantages than disadvantages, yet the disadvantages can be very severe once encountered. It is an established fact that no other company would take the responsibility as seriously as the owners themselves fundamentally because the contracting companies are concerned with their fee, and the owners’ reputation does not matter much to the irresponsible contractors.

However, disadvantages are not commonly encountered unless the contracting company tends to maximize its profits by selling the owner’s secret reports and statistics to the spying agencies. This comes as a severe assault to the owner company that might incur huge losses as a result of getting its reports leaked out to the competitors in the market. Besides, the contractor company might want to save more money by compromising upon the quality of the services delivered to the owners. In other cases, the practice of outsourcing can prove detrimental to the outsourcing company when the contracting company is not sufficiently skilled and experienced to handle the complexities of the process in an adequate manner.

The outside company usually takes quite longer to resolve issues with the server once occurred than would have been taken by the employers themselves. (Arnold, 2006).References:Arnold, M. (2006, Aug. 26). The disadvantages of outsourcing your IT environment. Retrieved from http://searchwinit.techtarget.com/news/1212417/The-disadvantages-of- outsourcing-your-IT-environment.Fournier, J. E., Coffey, B. J., and Bellenghi, G. M. (2008) The Business Case for ROI Outsourcing Determining whether to outsource the highly sensitive release of information function is not an easy decision. ADVANCE. 18(24).

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