The Paradigm Shift in Outsourcing 3530

Originally Published MX January/February 2004

BUSINESS PLANNING & TECHNOLOGY DEVELOPMENT

New-model outsourcing firms are improving their offerings for medtech manufacturers.

Moderated by Steve Halasey

As a business strategy, outsourcing has been around a long time. But today, something is different about the way that medtech companies are using outsourcing.

Faced with the needs to preserve investment capital, streamline operations, and advance multiple projects simultaneously, medtech executives are increasingly turning to outsourcing firms that offer a wide range of integrated services. The emergence of such full-service firms specializing in medical technologies is making it possible for medtech companies to outsource an even greater number of operations and to optimize their spending in those areas.