Healthcare has always had to create a delicate balance between cutting costs and maintaining profitability while providing quality healthcare. To this end, healthcare facilities have strived to concentrate all their efforts and resources on their core objective of providing quality healthcare while outsourcing all activities that dilute their focus. This helps healthcare facilities consolidate their efforts towards maximizing profitability while providing the best possible care by reducing expenses.
One such activity is medical transcription. Medical transcription is the process of creating patient records of the patient-healthcare professional encounter from the audio files as narrated by the healthcare professionals. To be accurate, timely, secure and cost effective, medical transcription requires the right team, the right processes and the right technology.
Though medical transcription plays a vital role in providing quality healthcare, as evidence in case of litigation and as the foundation for the receivables cycle, it is not part of the core competencies of the healthcare facility and can end up costing healthcare facilities a lot in terms of time, money and resources. One easy fix for healthcare facilities to ensure that patient records are created in an accurate, timely and secure manner is to outsource medical transcription.
Outsourcing medical transcription also helps healthcare facilities save on cost of transcription by 40-50%. Outsourcing medical transcription to the right service provider has proven that healthcare facilities can avail of the benefits of astute solutions for their documentation needs.
How does outsourcing medical transcription provide astute solutions?
The word astute has been defined as having or showing shrewdness, keen perception or judgment.
What do healthcare professionals expect from medical transcription services?
They expect the service to be quick, accurate, cost effective, secure and most of all easy to use! They expect the medical transcription service provider to understand their specific needs and use their judgment to perceive the best possible solution in a given situation without compromising the standards required.
Outsourcing medical transcription services definitely fit the definition of providing astute solutions by providing services that meet the needs of healthcare professionals in every aspect.
Technology that is easy to use: Healthcare professionals are highly educated and skilled professionals who provide a valuable service, which requires a huge amount of dedication, skills and time. Acknowledging this outsourcing medical transcription services have used technology that provides benefits to make the life of healthcare professionals and hospital staff easier. Not only do they use technology, which offers maximum benefits, but they have also ensured that this technology is easy to use, enabling healthcare professionals to optimize their limited time for the best use.
a) Flexible modes of dictation
b) Automatic upload of dictation
c) Web based secure delivery of finished transcripts
d) Archives, enabling easy search of documents
e) Remote printing and faxing
f) Integration with EMR by HL7 interface
Accurate and timely creation of patient records: Healthcare professionals depend on the information in patient records to make informed decisions about the healthcare to be imparted to patients. Medical transcription service providers are aware of the importance of not only capturing all the details regarding the patient-healthcare professional accurately but also making this information available to the healthcare professionals on time. To this end medical transcription service provider ensure that transcripts are put through rigorous quality control to ensure accuracy and use the right process and technology to meet the turnaround time required by healthcare professionals/healthcare facilities
Security: The basis of the patient-healthcare professional relationship is based on the trust placed by the patient in the healthcare professional and the healthcare facility. Protecting the confidentiality of patient information is not only mandatory by law; it is also a moral obligation. Medical transcription service providers understand the importance of protecting this information and protect confidential data in patient records by securing people, processes, infrastructure and technology
Saving on cost: Being able to provide quality healthcare profitably is the objective of healthcare facilities. Outsourcing medical transcription aids in increasing profitability by helping save on cost of transcription by almost 40% to 50% as against in-house medical transcription. Not only does outsourcing medical transcription help curb cost, timely medical transcription can help accelerate the receivables cycle
It can be concluded that outsourcing to the right medical transcription service provider can prove to be an astute solution to the medical transcription needs of healthcare facilities.
TransDyne, a leader in the outsourced medical transcription industry provides astute solutions to the medical transcription needs of healthcare facilities. 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!
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