It is acknowledged that healthcare is a complex process requiring total focus of time, attention and resources to have the desired outcome delivering quality healthcare profitably. Healthcare draws inputs from various sources to be able to deliver quality services and be profitable. To this end it is essential for healthcare facilities to outsource specialized activities that are not part of the core business to ensure total focus on their core business.
Medical transcription is one such component of the healthcare process, which is not part of the core business of the healthcare facility. Medical transcription is the process of creating patient records converting the audio records of the patient- healthcare professional encounter into text format. Outsourcing medical transcription is a quick and convenient solution to the documentation needs of a healthcare facility.
How does outsourcing medical transcription provide a quick and convenient solution?
Medical transcription is a specialized skill, which requires the following inputs:
- Space: Having an in-house medical transcription department would require the healthcare facility to allocate space, which would incur real estate costs. Outsourcing ensures that the healthcare facility can use the space available to them for the purpose of their core business.
- Equipment: Medical transcription requires equipment like computers, headphones, servers, furniture etc. Outsourcing ensures that the healthcare facility is relieved of the task of sourcing, acquiring and maintaining equipment required for medical transcription.
- Personnel: The accuracy and turnaround time of medical transcription depends on the quality of people working on the transcription. In-house transcription would require the healthcare facility to source, recruit and train medical transcriptionists. Not only this, the healthcare facility would also have to allot management/supervisory staff to manage the medical transcription process. Outsourcing ensures that the key personnel of the healthcare facility can concentrate on the core business.
- Information technology: The medical transcription process requires information technology support throughout the whole process, starting from collection of audio files to the delivery of finished transcripts. Outsourcing ensures that information technology support for the medical transcription process would be provided by the service provider.
- Utilities and consumables: Having medical transcription in-house would require the expense of some consumables and utilities, which can be avoided by outsourcing medical transcription.
Outsourcing medical transcription ensures that the healthcare facility/ healthcare professional need not go through the process of sourcing inputs required for medical transcription and supervising the process to ensure quality medical transcription. Not only that outsourced medical transcription services also provide numerous benefits:
- Flexibility: By outsourcing medical transcription, one of the main benefits that healthcare facilities and healthcare professionals can enjoy is the flexibility. Outsourcing basically converts the fixed cost of medical transcription to variable cost, which is restricted to cost per line of transcription depending on the volumes.
- Holiday and weekend transcription: Outsourcing medical transcription provides a package deal to healthcare facilities and healthcare professionals, which also takes care of any weekend and holiday transcription requirements seamlessly.
- Accuracy: Outsourcing medical transcription ensures that the audio files are transcribed by specialist medical transcriptionists and put through a stringent quality check to ensure maximum accuracy.
- Turnaround time: When transcription needs are outsourced, turnaround time of the transcripts can be tailor made as per the requirements of healthcare professionals and healthcare facilities. The outsourced service provider would meet turnaround time commitments by using the right team and the right technology.
- Reduced costs: Outsourcing medical transcription results in enormous cost savings to the healthcare facilities and healthcare professionals. Not only does outsourced services transform the fixed cost of medical transcription to variable costs, but also saves on cost per line by about 40% to 50%.
- Flexible modes of dictation: Outsourced medical transcription also enables the healthcare professionals to retain their familiar mode of dictation, necessitating no changes in the style of working.
- Multiple modes of document delivery: The software and tools used by the medical transcription service provider can provide healthcare professionals and healthcare facilities the benefits of secure, speedy and multiple options for document delivery.
- HIPAA and HITECH compliance: Outsourcing medical transcription to a professional service provider ensures HIPAA and HITECH compliance throughout the medical transcription process.
Outsourcing medical transcription to a professional service provider can provide a quick and convenient solution to healthcare facilities for their documentation needs.
TransDyne, a leader in the outsourced medical transcription industry has been providing medical transcription services for over a decade. 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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