What Does Shared Services Mean With Doctors

Shared services is the consolidation of business concern operations that are used past multiple parts of the aforementioned organization.

Shared services are cost-efficient because they centralize back-office operations that are used by multiple divisions of the same company and eliminate redundancy. Some companies use a chargeback system to bill divisions that use the service on a per-utilise, per-quarter or per-year basis. Other companies absorb the price of shared services as part of the continuing cost of running the concern. Today, about companies employ a shared services model for finance, man resources management (HRM) and it (It).

The goal of a shared services delivery model is to allow each business sectionalisation to focus its express resources on activities that support the division'south business goals. Technology has often been the driver for shared services within an organization because information technology tin can be expensive to purchase, maintain and train employees to use. Back in the 1920s, for example, an Underwood typewriter cost $100 and typists were highly trained employees. Instead of having each business division within the company rent its ain typists, a centralized department for typists was seen equally being more cost-efficient and the typing pool was born. Today, a typing pool would be called a shared service eye (SSC).

Meet also: cost middle, Information technology chargeback organization

This was last updated in March 2012