Calculating Cost
Contract Security vs.In-house Security

It appears there has been a paradigm shift in the thinking of many health systems, hospitals and other healthcare facilities. The shift is “core competency: and involves outsourcing supports functions not associated wit ha hospital’s core business. This move towards core competency is especially prevalent in the are of personnel-related support functions, which includes security.

Why is this shift occurring? There are two primary reasons:

1) Increase in Competition: With more and more hospitals competing for market share and doing so with enhanced technology, it is imperative to have a workforce that is almost exclusively focused on improving a hospital’s core business offering…

2) Increased Cost/Liability: Payroll taxes and fringe benefits have skyrocketed to a national average of 48%. As our society becomes more and more litigious, the risk of liability from in-house personnel-related issues is steadily increasing…

What Stops Some Outsourcing Conversations? What Does It Cost?

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How Much Does Security Cost
A Budget Tool

When discussing the total value of a contract security program, it is important to remember that along with the security budget, there are other costs that are more difficult to quantify. Even without a specific dollar amount associated with them, indirect costs require time, attention and expertise. In most cases, the cost of an outsourced security program initially seems comparable to an in-house budget. However, the additional protection provided by a contract provider, combined with the elimination of other hidden costs may actually serve to reduce your long-term expense. Consider the typical costs associated with a security program:

1) Direct Costs Also known as “hard costs”, these are fixed costs that would be accounted for directly in pricing or the bill rate.

2) Indirect Costs Also known as “soft” or “hidden” costs, these are ongoing expenses that may be more difficult to quantify, but are part of the value of the overall program.

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Is Your Security Program Meeting Your Needs
A Score Tool

The potential success of your security program hinges upon whether your goals and priorities are being met. To evaluate your existing security program, consider your objectives and then assess whether you are satisfed with your current situation.

To find answers to your questions and download Score Tool, Click Here

Guiding To Contracting Security
RFP Sample

Choosing the right security officer service provider is a decision that will significantly affect the safety and security of your organization. It is important to select a provider committed to the success of your security program and your unique organizational culture. Distinguishing between quality providers and those who merely speak about “quality” can be challenging. Just selecting which providers to include in your RFP process is a critical step – start by identifying the leading security firms in your community that also provide the necessary support and opportunities to their employees as a way of ensuring quality service.

To find answers to your questions and download RFP Sample Copy along with 60 days transition plan, Click Here

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