The concept of outsourcing an activity traditionally done in-house has been around for quite some time. Although once perceived as a weakness and unprofitable, a company’s decision to outsource is now a clear indication of corporate health and technology savvy. With the advent of communication technology advancements beginning in the early 1990’s, many industries adopted outsourcing the maintenance and management of applications. In the last few years, the receptivity of healthcare providers towards outsourcing has undergone a dramatic shift, following the lead of payors and life sciences, which have been outsourcing for decades. Managed services allow organizations to focus on their core business while also adding value by reducing costs, enabling them to allocate additional resources to other projects.