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Obama Outsourcing Healthcare System

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Submitted By 11ErSanch21
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Julka Harsimran, the author of this piece of writing, describes the potential in the information technology sector within the healthcare industry. Recent changes in the United States Healthcare system led by the Obama administration has brought a tremendous opportunity to revamp/upgrade the healthcare insurance records with new electronic projects from conversion of data, to creation of new health and insurance records and processing of claims and sales of insurances to the management of all healthcare data. Globalization plays an important aspect in the sense that the opportunity to obtain this large contract managing all the American healthcare coverage information is not restricted only to U.S. companies, but to international companies as well. Nasscom, an Indian international information technology (IT) service provider, is a major prospective company with the potential to obtain a $20 billion contract managing creating and managing all electronic U.S. health records. Outsourcing and restructuring internatioanlly job opportunities can have a large impact in the local job market. Understanding globalization can help local companies prepare better to meet the challenges of today’s competitive work environment.

Relevancy to Human Resource Management - Article Critique

Due to the unpredictability of the economic trend of the global market, some companies have opted to outsource functions sacrificing tangible and intangible assets to save money in operations and production of products and services. Tangible assets are of physical form such as property properties, plant and equipment or financial assets (cash and securities). The intangible assets are non-monetary and non-physical assets of great value to the firm such as human capital, customers, and intellectual capital. Outsourcing not only diminishes the work force nationally, but also

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