Medical transcription outsourcing: Providing services with a positive impact

by Perfect MT in Medical Transcription

Healthcare services have a significant impact on the quality of life. Being such an essential service, healthcare is subject to many rules and regulations.  Healthcare facilities and healthcare professionals draw upon resources from various sources to provide quality services while still meeting all these regulatory requirements and maintaining a healthy bottom-line.  To this end it is vital for healthcare facilities to focus on their core business and outsource those functions that are not part of their core competence. 

Medical transcription is one such aspect of healthcare, which aids them in several areas and is essential for the smooth running but is not part of the core activities. Though the patient medical records created by the process of medical transcription aid in the reimbursement process but medical transcription itself is an expense head. Outsourcing medical transcription  ensures that patient medical records are created in an accurate, timely, secure and cost effective manner. Not only this outsourcing medical transcription has a positive impact on the healthcare facility operations. 

The positive impact of outsourcing medical transcription is as follows: 

  • Reducing costs: Reducing the cost per line of transcription is one of the most significant advantage of outsourcing medical transcription. As medical transcription is the core business of the medical transcription service provider, the service provider is able to pass on the benefits of the economies of scale, their experience and expertise to the healthcare facility in the form of significantly lower costs. However while outsourcing medical transcription it is important to evaluate the billing method used by the medical transcription service provider to ensure fair pricing.
  • Improving efficiency: Outsourced medical transcription service providers help improve the efficiency of the healthcare facility by providing services with the following benefits: 
  1. Enabling use of familiar modes of dictation
  2. Enabling automatic upload of dictation files at regular intervals
  3. Providing a system that enables tracking of dictation, work in progress, finished documents etc at any given time
  4. Providing various options for document delivery
  5. Archives
  6. Configuring systems for usage of multiple users
  7. Adoption of EMR/ EHR using HL7 interface
  8. Easy to use technology.

 

  • Reducing overheads: Outsourcing medical transcription helps the healthcare facility save significantly on overheads like rent, furniture, computers, utilities, management personnel etc that would have been deployed towards in-house medical transcription.  
  • Scalable solutions: Outsourcing medical transcription ensures curbing of wasted resources and capacity during slack times and extra payment for overflow transcription needs. Healthcare facilities can benefit from this by having scalable solutions according to their changing medical transcription requirements. 

It can be seen that sourcing and partnering with the right medical transcription service provider can have a positive impact on the working life of healthcare professionals and the   operations of healthcare facilities. 

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions. 

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!            

To avail complete and reliable medical transcription services from TransDyne, click here.

Medical transcription outsourcing: Providing meaningful support by understanding the healthcare process

by Perfect MT in Medical Transcription

In the recent past healthcare has seen many changes in the documentation processes required of it.  The move towards adopting a nationwide electronic healthcare system has had healthcare facilities and healthcare professionals scrambling to achieve the requirements specified by the meaningful use criteria. Medical transcription can play an important role in this process given the enormous expertise and experience that this industry has amassed. As a service medical transcription has evolved through its understanding of the working life of healthcare professionals and through constant innovations in software and tools used for medical transcription.  

The experience of the medical transcription sector combined with their understanding of the healthcare facilities’ operations can help medical transcription service providers provide services that use a combination of well trained medical transcriptionists, advanced & easy to use technology and stringent quality assurance processes for the best results. The inputs provided by medical transcription companies to the process of documenting the healthcare process includes: 

  • Knowledge of medicine: As medical transcription is a process closely associated with a critical service like healthcare it becomes imperative that medical transcriptionists have knowledge of medical terms, abbreviations, drugs etc. Outsourced medical transcription service providers ensure that teams of trained and qualified medical transcriptionists with specific knowledge of the specialty they are transcribing in are available to help document the care process. 
  • Understanding the needs of healthcare professionals: Outsourced medical transcription service providers are well versed with the needs of healthcare professionals. Combining this understanding with the best of technology has enabled service providers to provide services that have advantages like flexible modes of dictation, customized turnaround time, varied document delivery modes, reports in specified formats/ templates, easy access to older transcripts etc. Outsourced medical transcription service providers also provide editing and proofreading services for healthcare professionals using speech recognition software. 
  • Eye for detail: The accuracy of the information captured in the patient medical record is critical for many aspects; clinical, operational and commercial. It is important for patient medical records to have details of the patient encounter to enable the data to be used for all these aspects. Medical transcriptionists are specially trained to ensure that detailed patient medical records are created to reflect the entire patient story. 
  • Critical analytical skills: The process of creating patient medical records requires medical transcriptionists to be alert and knowledgeable. Outsourced medical transcription service providers ensure that medical transcriptionists are well trained to critically analyze the patient medical record and correct any inconsistencies that may inadvertently occur. This ensures that all details are captured accurately and consistently. 
  • Adaptability to changing needs: Given the changing healthcare documentation scenario it is important for medical transcription service providers to be prepared to meet the challenges head on. Outsourced medical transcription service providers have geared all their resources to meet the changing needs of the healthcare sector including adoption of EMR/ EHR using HL7 interface

It can be concluded that medical transcription service providers provide meaningful support to healthcare facilities and healthcare professionals by combining their understanding of the healthcare sector’s needs, their experience and their expertise. 

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription services

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!            

To avail complete and reliable medical transcription solutions from TransDyne, click here.

Medical transcription outsourcing: A balanced approach towards healthcare documentation

by Perfect MT in Medical Transcription

The process of healthcare requires many specialized inputs both in terms of healthcare related skills and experience and other aspects like consumables, pharmaceuticals and documentation. Healthcare documentation is an important contributor to many aspects of healthcare like clinical decision-making, risk management and receivables management. Healthcare professionals and healthcare facilities have various options available to them for documenting the care process including having an in-house medical transcription department, speech recognition software, entry at the point of care using point & click templates and the option of availing specialized medical transcription services from a professional medical transcription service provider. 

Each option has its own advantages and disadvantages; however outsourced medical transcription services from a professional service provider provides the right balance of quality and price while remaining remarkably flexible. 

In what aspects do outsourced medical transcription service providers provide a balanced approach to documenting the healthcare process? 

Outsourced medical transcription service providers provide a balanced approach to the documentation of the healthcare professional- patient encounter by offering services with the following benefits: 

  • Option to retain dictation as the method of capturing information: Outsourced medical transcription service providers allow healthcare professionals the option to use dictation as the method of capturing the patient encounter. This helps the healthcare professionals in not only managing their limited time efficiently, but also ensures that the narrative portion of the patient medical record is recorded in detail. Capturing the narrative ensures that the entire patient story is captured helping in continued care, referring to other healthcare professionals, billing and also risk management. 
  • Offering the choice to use preferred mode of dictation: Outsourced medical transcription service providers allow healthcare professionals to retain their preferred mode of dictation making it very convenient. Medical transcription service providers even accommodate the use of speech recognition software by providing editing and proofreading services to help bring the accuracy of the transcript to acceptable levels. 
  • Providing accurate and timely service irrespective of the volume: Outsourced medical transcription service providers can cope with the varying volumes of transcription requirement without compromising on the accuracy levels or turnaround time. This helps healthcare professionals and healthcare facilities in managing limited resources efficiently. 
  • Low cost services: One of the main advantages of outsourcing medical transcription is that of lowering cost of medical transcription substantially. This is a major advantage given the challenges faced by the healthcare sector. 
  • Allowing adoption of EMR: Outsourced medical transcription service providers allow for adoption of EMR/ EHR using HL7 interface while still allowing healthcare professionals to document the care process using the familiar method of dictation to transcription. 
  • Ensuring HIPAA and HITECH compliance: One of the concerns of healthcare professionals and healthcare facilities is the need to protect confidential patient information. Outsourced medical transcription service providers ensure HIPAA and HITECH compliance mitigating the concerns of healthcare professionals and healthcare facilities during the medical transcription process. 

It can be seen that outsourced medical transcription services help healthcare professionals and healthcare facilities maintain a balance between quality documentation and lowering costs by providing accurate, timely, cost-effective and secure services. 

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions. 

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!            

To avail complete and reliable medical transcription solutions from TransDyne, click here.

Medical transcription outsourcing: Helping healthcare professionals perform better

by Perfect MT in Medical Transcription

In recent times there has been a lot of focus on how the process of healthcare is documented; the aim being having a national level electronic health information system, which helps easy access to information across the entire nation. However the mode of achieving this national level electronic health system has given raise to a lot of questions and doubts. Many methods of capturing the information have been proposed ranging from using front end/ back end speech recognition software, point & click entry by the healthcare professional at the point of care etc. 

However medical transcription, the process that converts the dictation of the healthcare professional regarding the patient encounter has been found to be a method with the maximum benefits. Healthcare facilities can derive maximum benefit from medical transcription by outsourcing the entire process to a professional medical transcription service provider. Apart from accurate, timely, secure and cost effective services, outsourced medical transcription services offer healthcare professionals a method of documentation that offers maximum benefits and helps them perform better. 

How do outsourced medical transcription services help healthcare professionals perform better?

Outsourced medical transcription services from a professional medical transcription service provider provides healthcare professionals with the following benefits: 

  • Familiar method of documentation: Medical transcription is a familiar method of documentation that conforms to intuitively to the working style of healthcare professionals. Dictating notes regarding the patient encounter helps healthcare professionals capture maximum information using lesser time and can be done once the patient encounter is over, this helps them focus on providing quality care to the patient. 
  • Helping preserve the narrative: Having maximum information regarding the patient available to healthcare professionals in an easy to find format helps in the process of clinical decision making. Medical transcription helps in this by helping preserve the narrative portion of the patient encounter.  
  • Accurate information: It is important for patient medical records to reflect accurate information. Healthcare professionals may not have the time to put each transcript through a thorough quality process. However outsourced medical transcription service providers ensure maximum accuracy by using specialty trained medical transcriptionists and by putting the transcripts through a stringent quality assurance process. 
  • Improves productivity: Using outsourced medical transcription service providers to document the care process helps healthcare professionals and healthcare facilities to improve on their productivity. Healthcare professionals can focus on the care of patients instead of on the process of documentation, thus improving productivity. Healthcare facilities can improve productivity by focusing all their efforts and resources on their core business, by entrusting this task to a professional medical transcription service provider. 

It can be seen that medical transcription not only helps healthcare facilities and healthcare professionals save on costs but also enables them to perform in an efficient and effective manner. 

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions. 

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!            

To avail complete medical transcription solutions from TransDyne, click here.

Medical transcription outsourcing: Helps in smoothing the information flow

by Perfect MT in Medical Transcription

Information has become an important component in the successful running of businesses today. Healthcare is no exception; in fact efficient and profitable provision of healthcare depends on smooth flow of information. The main source of information in case of healthcare is the information collected from and regarding patients. This information is not only essential for clinical decision-making but is also vital for receivables and risk management. To be in a usable form this information needs to be processed to ensure maximum accuracy and easy accessibility. 

There are various options available to healthcare professionals to document the care process, however medical transcription has been found to be the most convenient and preferred method. As medical transcription is a specialized process requiring the right combination of a trained team of medical transcriptionists, the right technology and the right process to produce the desired results of being accurate, timely, secure and cost-effective, the prudent solution for healthcare facilities is to outsource the entire process to a professional medical transcription service provider. Outsourced medical transcription services also have the additional advantage of smoothing the information flow to enable easy operations. 

How do outsourced medical transcription services help in smoothing the information flow?

Outsourced medical transcription services aid in the following stages of the information flow: 

  • Information collection: The information contained in patient medical records is collected during the care process. Outsourced medical transcription service providers aid in this stage by allowing healthcare professionals to use dictation as a mode for assimilating this information in a convenient manner using dictation devices of their choice. Once the healthcare professional has finished dictating, these files are automatically transmitted for the medical transcription process to begin by configuring systems to check for and transmit these files at predetermined intervals. 
  • Processing the information: The dictation of the patient- healthcare professional encounter needs to be transcribed into text   to make these records usable and accessible. Outsourced medical transcription service providers ensure that these records are transcribed maintaining maximum accuracy using skilled medical transcriptionists and a stringent quality assurance process.  Factors like the turnaround time required; the format/templates specified are also taken into consideration during the medical transcription process. In case the healthcare professional use back end speech recognition software to create transcripts, medical transcription service providers provide editing and proofreading services to bring the accuracy levels to acceptable levels. 
  • Distributing information: Once the process of medical transcription is complete it is important to make these transcripts available to healthcare professionals at the earliest. Outsourced medical transcription service providers ensure that these transcripts are transmitted to healthcare professionals in a secure manner through the modes specified by them. Options like delivery to specific folders, delivery to more than one healthcare professional etc is offered. 
  • Aiding information flow into the EMR/EHR: Outsourced medical transcription service providers also use HL7 interface to facilitate flow of information into EMR/EHR system. 
  • Accessing older information: Outsourced medical transcription service providers have made it easier for healthcare professionals and support staff to have easy access to older records by archiving them. Older transcripts can be searched using various criteria. 

It can be seen that outsourcing medical transcription to a professional and technologically savvy medical transcription service provider can help smooth the information flow. 

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions. 

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!            

To avail complete medical transcription services from TransDyne, click here.

Medical transcription outsourcing: Provides services with the most advantages

by Perfect MT in Medical Transcription

The healthcare sector has always faced a number of challenges being such a critical service. The interaction of the healthcare sector has not just been limited to healthcare professionals and patients but also extends to Insurance providers, the pharmaceutical sector, the Government and various professional associations to name just a few. To satisfy the diverse demands placed on the healthcare sector it becomes imperative that the healthcare sector draws support from various sources to make their operations more efficient. To do so it is important to outsource all those activities that are not part of the core business. This helps them in two main ways; allows them to concentrate on their core business – that of providing quality healthcare and helps them focus on their second goal – that of increasing profitability. 

Medical transcription is one such activity that helps them in both these areas significantly by creating timely, accurate, secure and cost effective patient medical records from the dictation of healthcare professional – patient encounter. Though there are numerous options available for documenting the patient- healthcare professional encounter, outsourced medical transcription services have been found to be the method with the most advantages. 

Given below are some of the advantages of outsourced medical transcription services: 

  • Helps make efficient use of the healthcare professionals time: It has been found that the dictation to transcription method of documenting the patient encounter is the method that offers the most advantages. This method of documenting the patient encounter conforms to the working method of healthcare professionals and makes efficient use of their time. Outsourced medical transcription service providers help in this aspect by providing efficient software and tools that enables them to use dictation devices of their choice and ensuring that audio files are transmitted at the earliest for transcription. 
  • Helps preserve face-to-face interaction with patients: One of the major intangible factors that play a role in the healthcare process is the healthcare professional interaction with the patient. Documenting the patient encounter by medical transcription ensures that the face to face interaction between healthcare professional and patient is unhindered. 
  • Ensure quality of clinical data captured: The data captured by healthcare professionals is used for various aspects including clinical decision making, risk management and managing receivables. It is important that this data be accurate, outsourced medical transcription services ensure this by putting each transcript through multiple level quality checks. 
  • Helps information sharing in an easy and secure way: Outsourced medical transcription service providers understand the operations of healthcare facilities and therefore have developed services that provide healthcare professionals easy access to transcripts. Features like delivery to specific folders, delivery to multiple healthcare professionals, remote faxing & printing, access to archives for search of older records etc has helped healthcare professionals access and share information in an easy way.

It can be seen that outsourced medical transcription services is the method of documenting the patient – healthcare professional encounter that provides the most advantages. 

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions. 

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!            

To avail complete and reliable medical transcription services from TransDyne, click here.

Medical transcription outsourcing: Helping enhance the quality of healthcare

by Perfect MT in Medical Transcription

The healthcare process has undergone numerous changes and innovations owing to the discovery of new ailments, new drugs and new methods of treatment. Healthcare services have evolved from the basic interaction between healthcare professional and patient to a sophisticated service. Healthcare no longer exists in isolation it is also subject to statutory and regulatory norms amongst the many other demands placed on it. 

Due to the increasing complexity of the healthcare sector it has become vital for healthcare facilities and healthcare professionals to document the healthcare process in its entirety. Medical transcription services help in this aspect by ensuring accurate, timely, secure and cost-effective creation of patient medical records.  As medical transcription is a process that requires inputs in the form of the right team, the right processes and the right technology to maintain the high quality standards required it is prudent for healthcare facilities to avail outsourced services from a professional medical transcription service provider. 

What is the role of medical transcription in the process of providing quality healthcare? 

Medical transcription is the process of efficiently and effectively documenting the healthcare process. This plays an important role in the following: 

  • Quality of care is enhanced with accurate and specific information: Outsourced medical transcription service providers play an important role in ensuring that the information regarding the patient encounter is captured in its entirety using a combination of a well trained team of medical transcriptionists and a stringent quality assurance process. 
  • Interaction between healthcare professionals: When the care of a patient involves more than one healthcare professional, having accurate and timely information is vital to promote better exchange of information. 
  • Administration: Information in patient medical records is not only important for the process of providing care, it is also important from an administrative point of view. 
  • Risk management: Proper documentation of the care process is a very important aspect of risk management. 
  • Receivables management: It is an acknowledged fact that proper documentation leads to better reimbursement. Outsourced medical transcription services aid healthcare facilities in this aspect too. 

It can be seen that outsourced medical transcription services provide important support to the healthcare process in various aspects by documenting the care process in a convenient manner using the right blend of human expertise and technology. However while outsourcing medical transcription it is important to source a medical transcription service provider who can support the documentation needs of the healthcare facilities in the long term, through constant improvement and innovations. 

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions. 

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!  

To avail economical medical transcription services from TransDyne, click here.

Medical transcription outsourcing: Helping achieve the values of healthcare

by Perfect MT in Medical Transcription

Healthcare is based on the premise of saving lives and aiding people improve the quality of life. To this end the healthcare sector has always strived to maintain a balance between the often-conflicting forces acting upon it. In the recent past there has been a nationwide move towards having a centralized electronic healthcare system. The purpose of this move is to promote a few improvements that also reflect the values of the healthcare sector. 

The objectives for this move towards nationwide electronic healthcare systems can be described as:

  • Improve quality of care
  • Improve safety
  • Improve efficiency
  • Improve care coordination
  • Engaging patients and their families in the process of care
  • Ensuring privacy and protection of confidential personal health information 

As the process of healthcare is complex it is often necessary for healthcare facilities and healthcare professionals to seek the services of experts in certain portions of their process, which are not part of their core business but are essential for the smooth operations, to ensure quality and cost-effectiveness. Medical transcription is one such activity that benefits from being outsourced as it ensures that healthcare facilities have access to vast resources in terms of technology and trained teams. 

Medical transcription, the process of creating patient medical records from the dictation of the healthcare professionals regarding the patient encounter also provides valuable support to healthcare facilities in enforcing the objectives for adopting a nationwide electronic health system. 

How do outsourced medical transcription help achieve healthcare values that aid in adoption of nationwide electronic healthcare systems? 

Helping improve quality of care: Patient medical record play an important role in the provision of quality healthcare and outsourced medical transcription aid in this by ensuring that patient medical records are created within the turnaround time specified by the healthcare professional. 

Helping improve safety: To make important decisions regarding the healthcare of a patient it is important for healthcare professionals to have information that is accurate and current. Outsourced medical transcription service providers ensure this by using trained medical transcriptionists and the right quality assurance process. 

Improve efficiency: Outsourced medical transcription service providers help improve efficiency of healthcare professionals and support staff in several ways, including: 

  • Allowing healthcare professionals to use the dictation as means of documenting the patient encounter
  • Allowing healthcare professionals to use familiar modes of dictation
  • Having a transcription system in place for automatic upload of audio files for medical transcription
  • Providing various modes of document delivery
  • Enabling adoption of EMR/ EHR using HL7 interface
  • Allowing easy access of older records from archives

 Improve care coordination: Outsourced medical transcription service providers provide options for delivery of transcripts to more than one healthcare professionals in case it is required, this helps in coordinating the care process when more than one healthcare professional is involved. 

Engaging patients and their family in their care process: Though the contribution of medical transcription service providers in this aspect is not direct, they encourage easy information sharing by ensuring that the patient medical records are created in a legible, accurate and easy to read format. 

Ensuring privacy and protection of confidential personal health information: Outsourced medical transcription service providers have always understood the importance of maintaining the confidentiality of patient information and have provided for HIPAA and HITECH compliant work processes to ensure the same. 

It can be seen that outsourced medical transcription service providers can help promote the values of the healthcare sector in many aspects. 

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions. 

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!            

To avail complete medical transcription services from TransDyne, click here.

Medical transcription outsourcing: Providing scalable solutions

by Perfect MT in Medical Transcription

Though healthcare is an essential service, it is not a sector where volume of demand for services can be easily predicted except in very general terms. Moreover healthcare is a sector that depends on various inputs to be able to provide quality services consistently. Considering these factors resource planning becomes a complex exercise for healthcare facilities. One solution for healthcare facilities to resolve this issue is to outsource non-core activities to reliable services provider who will be able to provide scalable solutions without compromising on quality. Medical transcription is one such activity. 

Medical transcription is the process of creating patient medical records from the dictation of the patient- healthcare professional encounter. Medical transcription is the method of documentation that intrinsically blends with the working life of healthcare professionals, while still maintaining the quality standards of accuracy, turnaround time and security. Outsourcing medical transcription provides healthcare facilities and healthcare professionals with scalable solutions for their varying needs. 

The scalable solutions provided by outsourced medical transcription service providers would include the following benefits: 

  • Scalable solutions for varying volumes: One of the major problems faced by healthcare facilities is planning for varying volumes of medical transcription needs which in turn depends on the volume of patients. Any delay in creation of patient medical records would have a cascading effect resulting in delay in proper treatment, delay in reimbursements or in increased medical transcription expenses for overflow transcription and overtime. Outsourcing medical transcription ensures that quality patient medical records are created on time regardless of the volumes. Outsourcing medical transcription takes care of overflow transcription and helps the healthcare facility avoid the cost of idle capacity. 
  • Scalable solutions for addition of new healthcare professionals to the practice: Whenever new healthcare professionals join a healthcare facility it results in additional medical transcription work. Outsourcing medical transcription helps in this aspect by providing services for the new healthcare professionals within the turnaround time specified by them. Additional benefits include configuring the dictation device used by the healthcare professional into the transcription system, customizing template/formats, customizing document delivery modes etc as per the preference of the healthcare professional. 
  • Scalable solutions for adding on new specialties: The demands on medical transcription services increase when new specialties are added to the healthcare facility. Outsourced medical transcription service providers provide expert transcription services for all specialties by having teams of medical transcriptionists trained in specific specialties making them domain experts. This ensures that the quality of transcription is maintained. 
  • Scalable solutions for changing technology demands: The advent of technology has left no sector unaffected, this includes healthcare and the way healthcare services are documented. Outsourcing medical transcription ensures that technology used for medical transcription is automatically updated as per the changing scenario. Some examples of the scalable technology provided outsourced medical transcription service providers is the editing and proofreading services provided by them for healthcare professionals using speech recognition software technology to produce transcripts or adoption of EMR/EHR using HL7 interface
  • Scalable solutions for changing formats: Outsourced medical transcription service providers take care of changing norms prescribed for patient medical records by automatically updating these changes into their transcription procedure. 
  • Scalable solutions for changing norms: The changing statutory norms for documentation are updated into the medical transcription system as per the changing needs. 

It can be seen that outsourcing medical transcription to a reliable service provider can provide scalable solutions for the varying needs of healthcare facilities without adversely affecting quality or cost. 

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions. 

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!  

To avail scalable medical transcription services from TransDyne, click here.

Medical transcription outsourcing: Helps in cost restructuring

by Perfect MT in Medical Transcription

In an increasingly challenging business environment it is important for businesses to focus on maximizing revenues and minimizing expenses. The healthcare sector is no different, though strictly speaking healthcare is a service that is aimed at improving the quality of life by managing health issues and a service aimed at saving lives. In spite of the noble objectives of healthcare, it is a business like any other that has to focus on maximizing income so as to be able to continue providing quality services. As healthcare is a sensitive service it is also subject to statutory norms apart from the usual pressures of having to deliver quality services consistently and maximizing profits. 

To this end it is important for healthcare facilities to examine every input that forms a part of the entire healthcare process both in terms of quality and cost. One such input to the healthcare process is the information from patient medical records, which play a vital role in the clinical decision-making process, reimbursements and risk management. There are numerous options available to healthcare facilities and healthcare professionals for documenting the care process, however medical transcription the process of converting the dictation of healthcare professionals into text has been proven to be one of the most convenient and efficient methods. 

However medical transcription is a process that requires substantial investment in terms of resources, people and technology to be able to meet the expected quality levels, an investment which would result in dilution of focus of the healthcare facilities from the core business. Outsourcing medical transcription to a professional medical transcription service provider has been found to be one of the most effective solutions to ensure total focus of the healthcare facility on their core business of providing quality care. Outsourcing medical transcription not only ensures that quality standards of accuracy, turnaround time and security are met with, but also helps with cost restructuring. 

How does outsourcing medical transcription help healthcare facilities in cost restructuring?

Outsourcing medical transcription essentially offers healthcare facility the option of converting their fixed cost of medical transcription to variable costs that is dependent on the volume of transcription required. 

Normally the cost of medical transcription would involve the following cost heads: 

  • Allocation of space for transcription
  • Cost of utilities for medical transcription
  • Capital investment in software and tools for medical transcription
  • Furniture and other expenses for medical transcription
  • Cost of recruiting and training medical transcriptionists
  • Salaries and other benefits for medical transcriptionists
  • Cost of supervision
  • Cost of coordinating the medical transcription activities
  • Cost of HIPAA and HITECH compliance
  • Cost of editing and proofreading for speech recognition software transcription. 

In spite of the enormous commitment of resources towards an in-house medical transcription department, healthcare facilities have no guarantee of the capability of their team to meet increasing volumes of medical transcription without compromising on accuracy or turnaround time. Moreover the cost of idle capacity during slack volumes would have to be included as part of cost of medical transcription making it very unattractive. 

Outsourcing medical transcription to a reliable medical transcription service provider essentially enables the healthcare facility to avoid all these expenses, as they would be charged on the basis of volume of services utilized. This will help restructure the fixed cost of medical transcription to variable costs resulting in enormous savings and increased focus on the core business of providing quality healthcare. Moreover outsourced medical transcription service providers also enable adoption of EMR/ EHR using HL7 interface

TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions. 

TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!  

To avail economical medical transcription services from TransDyne, click here.