Medical transcription contracting out: Value improved services

The exercise of healthcare relies on several inputs to be effectual and cost-effective. One of the ingredients that add to the proper provision of medical care is accurate and prompt information in the shape of patient transcripts. Patient reports are a result of patient information including the health and treatment history of the patient, test results, X-rays, medication prescribed, allergies, pre-existing health conditions, improvement on care utilized among other information.

It is crucial for healthcare professionals to have these details to draw on, for devising an effective treatment schedule. Healthcare transcription is the exercise of making patient reports transforming audio records files of the patient- health professional encounter as recorded by the health professional into transcribed format.

Contracting out medical transcription has not only ascertained to be convenient, well organized and reasonably priced, but also delivers usability-enhanced services.

What is the usability addition to be profited by outsourcing healthcare transcription services?

Specialty medical transcription: Contracting out medical transcription makes certain that the demands of different specialties are recognized and provided for. Each specialty of medicine has its’ own precise language, terminology, drugs, procedures, therapies, formats and templates. Contracting out medical transcription to a professional transcription vendor makes sure that the requirements of specialists are taken care of by medical transcriptionists who are domain experts in that specialty, providing transcripts with correct quality and within the delivery time required

Software and tools: Technology has become a crucial part of the medical transcription process both for the health professionals and the medical transcription company. One of the added plus points of outsourcing healthcare transcription is the advantage profited by the use of information technology employed by the service provider. The utility improved to the online transcription exercise by software and tools comprise:

• Preferred means of dictation
• Preprogrammed upload of dictation
• Safe transmission of audio records files to the service provider
• Preset delivery of reports using speedy and secure means 
• Improved advantages like remote printing and faxing
• Strong archiving facilities enabling simple tracking down of dictation and reports
• Integration with EMR systems using HL7 interface. 

HIPAA/HITECH observance:  Securing confidential patient details are one of the major issues of healthcare facilities. This information is particularly vulnerable during the undertaking of medical transcription. Outsourcing healthcare transcription to the optimum transcription vendor makes certain that this information is protected at every stage of healthcare transcription by taking enough precautions protecting software and tools, people, procedures and infrastructure.

Healthcare transcription requirements for holiday and weekend requirements at no surplus expenditure:  Outsourcing healthcare transcription has the added advantage of taking care of all the online transcription requirements of the healthcare practice comprising holiday and weekend demands. The health facility advantages from the contracting out arrangement in terms of no wastage on idle capacity and savings on extra expenses for holiday and weekend medical transcription

Accelerating the coding and billing cycle:  Outsourcing healthcare transcription makes certain that the undertaking of reimbursement takes place on time. Online transcription is the first step in the reimbursement process. Sub contracting online transcription makes certain that patient transcripts are created on time, thus laying the foundation for receivables management leading to claims processing and settlement

It can be said that outsourcing healthcare transcription to the service provider is a usability added service.

TransDyne, a leader in the contracted out medical transcription industry offers value enhanced contracted out healthcare transcription services. TransDyne delivers quality medical transcription at reasonable prices, performed by experienced and trained transcriptionists with a very quick turnaround time performed using confidential HIPAA and HITECH compliant channels, with very high levels of correctness and all this with information technology that is highly developed but effortless to utilize!                

To avail usability added online transcription services from TransDyne, click here.

Healthcare transcription contracting out: Using specialty services

Medical transcription performs a critical function in the health management undertaking by creating patient records from audio records files of the patient-healthcare professionals meeting. Online transcription has marked itself as a service apart from that of being a medical secretary or that of medical coding and billing. However to grasp the explicit function of healthcare transcription in the medical care exercise it is critical to grasp what makes online transcription a professional service. This will enable us comprehend why it is critical for a healthcare facility to outsource healthcare transcription to make the undertaking of transcribing patient transcripts competent, effective and economical.

What makes online transcription a specialty service?

To grasp why medical transcription is regarded as a specialty service it is crucial to understand the definition of the word “specialty” and see how it pertains to online transcription.

The word specialty has been characterized as a distinctive pursuit, an occupation, and an aptitude, having a skill, state of being special or distinctive, and a service of particular superiority.

Outsourced healthcare transcription services matches the parameters as defined by this meaning of specialty.

• Providing healthcare transcription services would be deemed a distinctive activity requiring the transcription vendor to gear the whole establishment to deliver this service. Specialized medical transcription services are a result of the right teams, the correct methods and the right information technology

• Providing medical transcription services would be deemed an pursuit having specific criteria for execution and operating on the basis of a strict code of ethics

• Offering online transcription services that are quick, exact, secure and economical need the medical transcription company to have the right capacity. This will enable them to use manpower with essential preparation to make certain maximum criteria of superb service and employing software and tools to provide utmost utility with ease of operation

• Medical transcription is a specialized service in that it is different from other services like billing or that provided by medical secretaries. Not only that online transcription serves healthcare professionals, who are expert in distinctive areas of medicine. This needs medical transcriptionists working on online transcription to be professionally qualified in transcribing for one or two specialties making them domain experts. 

It can be concluded that medical transcription requires substantial dedication and concentration, not to mention investment towards manpower and technology to be convenient. Therefore it makes sense for healthcare facilities to outsource online transcription to a specialized medical transcription vendor to make sure that they can focus on their core business; that of offering quality healthcare, gainfully.

TransDyne, a leader in the outsourced medical transcription industry has expert in adapting healthcare transcription services to satisfy the distinctive demands of healthcare facilities. TransDyne customizes their services to fit the demands of the health facility, no matter how small or big. Some of the benefits of sub contracting healthcare transcription to TransDyne are:

• Formation of patient reports with an accuracy of above 99%
• Specialized transcriptionists to cater for specialized online transcription requirements
• Turnaround time of 24 hours, with an alternative of 4-12 hours turnaround time for STAT reports
• Cost-effective and clear costing
• HIPAA/HITECH compliant medical transcription
• Information technology that offers maximum provisions and plus points with comfort of usage. 

To obtain the advantages of contracted out healthcare transcription services by TransDyne, click here.

Online transcription contracting out: Helps quicken reimbursements and reduces risk of lawsuit

The medical care undertaking is the outcome of the education, skills, track record, equipments, drugs and formulations, procedures and information from multiple sources. Online transcription exercise plays an important part in the health management undertaking by summarizing the information of the patient- health professional encounter to create patient transcripts.

One solution to make the medical transcription exercise better organized, effective and cost-effective is to outsource the complete patient record making process to a specialized online transcription vendor. This makes certain that patient reports are produced on time, with highest accuracy, within cost-effective rates and with utmost security. Outsourcing healthcare transcription also adds usefulness to the process by easing the life of physicians using the right technology that offers various facilities and plus points with convenience of operation.

Apart from the above-mentioned benefits, subcontracted medical transcription can aid in the below given:

Accelerating up the coding and billing cycle: Healthcare transcription is the initial phase in the receivables management cycle. The details captured in the patient record are the basis for receivables management, which leads to settlement. By maintaining standard delivery time, outsourced healthcare transcription quickens the undertaking of settlement.

Optimize payment potential: Online transcription also assists in optimizing the reimbursement process by ensuring all the details of the patient-healthcare professional meeting are captured totally and correctly. This makes certain that none of the stages in the treatment procedures are missed out making certain that nothing is missed while coding and billing. To ensure that all information are recorded it is also important for the physician to dictate the patient encounter in its entirety. Contracted out medical transcription makes sure this by allowing physicians to retain habitual methods of dictation.

Shield against legal proceedings: Comprehensive patient records work an important element of substantiation in case of litigation. Contracted out medical transcription makes sure this by keeping up both quality and delivery time. Moreover proof also tackles the risk of litigation because of violation of HIPAA/HITECH by failing to safeguard confidential patient information. Contracting out medical transcription helps in preventing this by securing the details at all junctures during the undertaking of medical transcription.

It can be seen outsourcing healthcare transcription has advantages beyond just the apparent. Outsourcing online transcription ensures correctness, turnaround time, expenditure saving and confidentiality of information it also has numerous other benefits that benefit the healthcare facility by accelerating the receivables management cycle and defense against lawsuit.

However while contracting out medical transcription it is critical to assess the healthcare transcription company on multiple considerations.

TransDyne, a leader in the outsourced healthcare transcription industry offers absolute solutions to fit fluctuating needs of different kinds of proof. TransDyne has teams of online transcriptionists who are trained in various specialties, making them domain experts. This ensures that TransDyne can cope with online transcription for any specialty with an accuracy level of above 99%. TransDyne delivers a delivery time of 24 hours with a choice of a turnaround time of 4-12 hours for STAT files.

TransDyne has the technical abilities to amalgamate with the existing systems of substantiation, needing no extra investments. TransDyne provides medical transcription for weekends and holidays, and has manpower and systems in place to cope with differing volumes of online transcription. TransDyne has information technology that offer additional features like archiving, remote printing & faxing among other benefits. TransDyne makes sure of HIPAA compliance of confidential patient details, by securing teams exercises, infrastructure and technology

To avail the benefits of subcontracted online medical transcription services by TransDyne, click here.

Online medical transcription sub contracting and health information management

Modern day clinical care relies on the inputs from several participants to be effectual and profitable. One such feature that performs a vital function in clinical care is health information management. Health information management is the exercise of maintenance and protection of medical reports. Health information professionals have been described as parlaying an important part in the provision of medical care. They focus on assembling, maintenance and the usage of superb health management information to support the data intensive and information dependent medical care system.

One crucial feature of health information management is healthcare transcription. Medical transcription is the practice of recording the patient-physician encounter. Online medical transcription is a specialty methodology needing the appropriate combination of teams, proficiency, methods and information technology. Sub contracting healthcare transcription makes certain that patient records are generated in a professional fashion making the practice seamless, effectual and affordable. Patient transcripts need to fit particular parameters to be useful in the clinical care practice. 

The voice transcription company is required to be judged depending upon the criteria employed to evaluate data traits:

Correctness: Clinical reports of patients are valuable to the method of healthcare. They offer continuity, basis for mapping out future care, assist in case of legal action and can be applied for education and research. Therefore the precision of the details recorded during the practice of voice transcription should be as close to 100% as possible

Availability: To ensure quality healthcare it is important that data is effortlessly reachable. It not only aids healthcare professionals and support staff in offering superb care but also manage their time better. Outsourcing online medical transcription can aid in this consideration by delivering archiving options, which make it easier to trace files

Thorough: Patient transcripts have to comprise all the details of the patient’s health history. This assists doctors in making the appropriate treatment plan. The online medical transcription vendor is obligated to make certain that all the data are extensively captured during the transcription practice

Consistency: Medical care is a wide-ranging line of work and it is critical that the usefulness of the particulars should be trustworthy and of acceptable quality across various applications. This is the responsibility of the medical transcriptionists who actually transcribe the reports. It is critical that their guidance program comprises all the particulars of the medical specialty they are transcribing for

Currency: The patient reports should contain current details. Making quick reports is an essential obligation of the medical transcription company

Classification: This entails that the information should be unmistakably characterized with no room for uncertainty. This needs the online medical transcription company people to have complete knowledge of healthcare terms and classifications

Granularity: This signifies the traits and usefulness of data should be described at the right degree of particulars

Precision: The information in the medical record, should record the requisites so that no details are overlooked but extraneous information is not covered

Significance: The details transcribed in the health reports should be relevant.

Speed: The health reports are required to be generated with all the above given traits within a reasonable time frame. The correct turnaround time would assist both competent clinical care and faster receivables.

Outsourcing to an expert online medical transcription company like TransDyne guarantees that health records are produced with all the characteristics. TransDyne offers quality online medical transcription at reasonable charges, carried out by accomplished and trained medical transcriptionists with a very quick turnaround time performed utilizing protected HIPAA and HITECH compliant channels, with very high levels of precision and all this with technology that is superior but uncomplicated to operate!                 

To avail exhaustive healthcare transcription solutions from TransDyne, click here.

Online medical transcription outsourcing: Delivering specialist services

The priority of healthcare providers is to deliver quality health management while simultaneously sustaining returns. Health management is a process, which requires many skilled inputs whether it is the contribution of skilled physicians, technicians, nursing staff, support staff, laboratory options or particulars from patient reports. It becomes imperative for healthcare facilities to prioritize on their principle capability and contract out the other endeavors to specialist companies.

The exercise of online medical transcription, which helps in creating patient transcripts, is one such task. The most advantageous way out to guarantee accurate, fast, HIPAA compliant and cost-effective formation of patient documents is to outsource to an expert healthcare transcription contractor.

Skilled voice transcription alternatives

What is meant by expert healthcare transcription options?

The word "skilled" has been described as demonstrating, involving or pertaining to wonderful expertise, adroitness or know-how as the culmination of training and experience.  By this explanation contracted out medical transcription alternatives can be defined as skilled options. Online medical transcription is the result of optimum human resources, the appropriate process and the correct technology.

The right manpower: The quality and the turnaround time demanded for specialist voice transcription is the culmination of the appropriate teams. To fulfill the correctness standards required in online medical transcription, the online transcriptionists have to possess know-how of medical terminology, superior English, typing expertise, good listening proficiency, Internet savvy and multi tasking abilities. This demands a thorough preparation program to make the voice transcriptionists highly skilled. Contracting out medical transcription makes certain that specialist voice transcriptionists commence transcription of patient transcripts, no matter what the specialty or the volume of transcription.

The appropriate method: Medical transcription is not a one-time service; it is a regular process. The exercise of healthcare transcription carries on as long as there are patients expecting medical care. Online medical transcription has to adhere to the correct practices to make certain that the patient records are created limited to the acceptable time without compromising the quality or HIPAA & HITECH compliance. To handle the unpredictable needs medical transcription companies have a practice in place that makes certain that patient records are generated not only on time, but all the particulars of the patient-physician meeting are documented exactly.

The right software and tools: Software and technology has an important role to parlay in the practice of voice transcription. It not only makes certain of promptness and security but also adds value to the practice by making it easy for physicians and other support staff to operate, but also by ensuring benefits like archives, habituated means of dictation, remote printing & faxing, adoption of EMR etc.

By utilizing the optimum mixture of manpower, processes and technology contracted out voice transcription solutions certainly qualifies as a skilled service. Quick, protected, cost-effective, exact and technologically competent medical transcription is the culmination of ability, teaching and background.

TransDyne ensures quality medical transcription at reasonable costs, performed by accomplished and skilled medical transcriptionists with a very timely turnaround time performed through confidential HIPAA and HITECH compliant channels, with very high levels of exactness and all this with technology that is superior but easy to operate!                 

To benefit from expert subcontracted medical transcription services from TransDyne, click here.

Transcription outsourcing: Facilitates in restricting remuneration cost

Outsourcing could control the direct employee expenses. When contracting out medical transcription the healthcare practice is fundamentally adding to the workforce of their facility without actually having the people on their rolls.

The health facility not only saves on time, money and efforts towards selection, teaching, office space, utilities, salary and other benefits. But also get all the advantages of drawing from a large group of transcriptionists, who have been recruited, qualified and made readily accessible to them any time they want them.

By outsourcing the health facility can also ease up regarding work planning, allocation, supervision and keeping track. There will neither be loss of output due to reduced patient inflow nor backlogs due to increased patient inflow. Their weekend and holiday transcription requirements will also be taken care of.

While these are the plus points that are profited from sub contracting, it is crucial that time is taken to locate the right transcription vendor to be their partner for online medical transcription demands.

The online medical transcription service provider needs to be determined to make certain that the below given plus points are availed of:

Right workforce:  The caliber of the online medical transcription wholly counts on the quality of manpower carrying out the task. Appraise the outsourcing transcription vendor to see if they have the right type of teams working for them. Evaluating their teaching techniques can assess this. Choose a transcription vendor that believes in performing the work through in-house transcriptionists and preparing them to be domain experts in specialties of medicine.

Optimum information technology: Transferring dictation files, accessing completed reports, archival of transcripts, checking on the status of the audio records uploaded etc., requires that the information technology base of the transcription vendor chosen, is advanced, adaptable and simple to operate.

Correctness/ competence of work: Quality of finished transcripts is of maximum significance while picking the online medical transcription service provider. A medical transcription company that provides commitment of at least 99% correctness should be acceptable.

Right turnaround time: The turnaround time of finished transcripts are of utmost importance for providing superb care, coding and billing and other functions making sure of a commitment on the turnaround time for records and flexibility for stat reports should be ascertained before finalizing the transcription vendor. 

·HIPAA compliance of details: Sustaining security of patient data is critical while delivering records to and fro through electronic media. While outsourcing the medical transcription needs of a health facility it is essential to make certain that the medical transcription service provider is HIPAA and HITECH compliant.

Correct pricing: The major benefit of contracting out is that of improving the profitability of the healthcare facility. Making certain that the online medical transcription service provider ensures a fair price and utilizes pricing procedures that are definable, supportable, measurable, constant, equitable and trustworthy will ensure a long-term association.

Once the transcription company has been measured on all these aspects, expenditure plus points that come from having quality transcription and from having reduced direct workforce expenditure can be enjoyed long term

TransDyne ensures excellent medical transcription at reasonable rates, carried out by knowledgeable and trained medical transcriptionists with a very quick delivery time executed through secure HIPAA and HITECH compliant channels, with very high levels of correctness and all this with technology that is superior but uncomplicated to operate!           

For more details regarding how to use TransDyne’s superior outsourced online medical transcription services, click here.

Online medical transcription outsourcing: Providing perceptive services

Medical care has always had to form a delicate equilibrium between cutting expenditure and sustaining profitability while offering excellent healthcare. To this end, healthcare facilities have tried to focus all their inputs and overheads on their main goal of delivering excellent health services while contracting out all activities that dilute their focus.  This helps healthcare facilities firm up their inputs towards improving bottom-line while delivering the finest feasible care by curtailing cost.

One such component is medical transcription. Voice transcription is the method of transcribing patient records of the patient-physician encounter from the audio records as narrated by the physicians. To be accurate, timely, HIPAA compliant and economical, voice transcription requires the optimum people, the correct procedures and the optimum technology.

Though medical transcription has a vital function in providing superb health services, as substantiation in case of lawsuit and as the foundation for the coding and billing, it is not part of the main competencies of the health facility and can end up costing health facilities a lot in terms of time, money and resources. One uncomplicated fix for healthcare practices to make sure that patient transcripts are created in an exact, quick and secure manner is to contract out medical transcription.

Sub contracting medical transcription also helps healthcare practices optimize on cost of transcription by 40-50%. Outsourcing voice transcription to the optimum vendor has demonstrated that healthcare practices can avail of the advantages of perceptive services for their documentation requirements.

How does outsourcing voice transcription provide perceptive services?

The word shrewd has been defined as having or showing shrewdness, keen perception or intelligence.

What do health professionals require from voice transcription services?

They require the service to be prompt, accurate, reasonably priced, secure and most of all uncomplicated to use! They require the medical transcription vendor to grasp their explicit requirements and employ their acumen to perceive the top-notch possible solution in a particular case without sacrificing the criteria considered necessary.

Outsourcing medical transcription services positively fit the characterization of offering astute solutions by delivering services that fulfill the requirements of healthcare professionals in every factor.

Technology that is simple to use: Health professionals are highly qualified and specialist professionals who offer a vital service, which demands an immense amount of commitment, expertise and time. Accepting this contracting out medical transcription services has used technology that offers gains to make the life of healthcare professionals and hospital staff easier. Not only do they utilize information technology, which provides highest gains, but they have also made certain that this technology is uncomplicated to utilize, enabling health professionals to save their scant time for the best use.

Some of the benefits of information technology employed by the online medical transcription vendor are:

• Adaptable methods of dictation
• Automatic transfer of dictation
• Web based HIPAA compliant delivery of finished reports
• Archives, enabling easy search of transcripts
• Remote printing and faxing
• Amalgamation with EMR by HL7 interface. 

Correct and quick formation of patient reports: Health professionals count on the information in patient records to make well-informed decisions about the medical care to be imparted to patients. Online medical transcription service providers are aware of the importance of not only encapsulating all the information regarding the patient-health professional exactly but also making this details obtainable to the health professionals on time. To this purpose online medical transcription service provider make certain that records are put through thorough quality control to make certain of quality and use the correct process and technology to satisfy the delivery time required by physicians/healthcare practices

Data confidentiality: The basis of the patient-physician association is based on the trust placed by the patient in the health professional and the healthcare practice. Securing the confidentiality of patient information is not only compulsory by law; it is also a moral responsibility. Voice transcription companies grasp the significance of protecting these details and secure confidential details in patient reports by securing people, processes, infrastructure and software and tools

Optimization on cost: Being able to deliver superb medical care profitably is the aim of healthcare facilities. Contracting out online medical transcription helps in augmenting bottom-line by helping optimize on cost of transcription by almost 40% to 50% as against in-house online medical transcription. Not only does outsourcing medical transcription aid restrain expense, prompt medical transcription can help speed up the receivables management

It can be concluded that outsourcing to the optimum medical transcription vendor can prove to be a perceptive answer to the online medical transcription demands of healthcare facilities.

TransDyne, a leader in the outsourced medical transcription industry delivers shrewd services to the medical transcription requirements of healthcare practices. TransDyne offers superb online medical transcription at economical rates, carried out by experienced and skilled medical transcriptionists with a very timely delivery time executed through secure HIPAA and HITECH compliant channels, with very high levels of correctness and all this with technology that is advanced but uncomplicated to operate!           

To benefit from astute medical transcription services from TransDyne, click here.

Online medical transcription outsourcing: Acquire the best offer!

Sub contracting online medical transcription has many plus points when done right. It is a critical choice that is bound to have a lasting influence on the operations of health facilities. Medical transcription is the practice of making patient reports from the audio records of the patient-healthcare professional encounter. It is not a one-time service, but an ongoing procedure that helps both functional and business considerations of healthcare.

Allowing for the function of online medical transcription in the smooth running of healthcare facilities it is important for healthcare facilities to choose the optimum medical transcription vendor to partner them in their record creation requirements. The procedure of picking the right medical transcription vendor would need two phases:

Studying the current scenario:

Present mode of healthcare transcription:  This could consist of in-house transcriptionists or independent contractors or a mix of both

Existing delivery time: Turnaround time could fluctuate according to the avenue of transcription as well as the patient inflow at any particular time

Number of medical transcriptionists employed: This would rely on the anticipated online medical transcription requirements

Resources for healthcare transcription: The resources considered necessary for in-house online medical transcription would comprise:

1. Real estate
2. Computers, furniture and equipments
3. Utilities, like electricity, Internet charges etc.
4. Consumables
5. Taxes and benefits for employees
6. Management, human resources, technology and other assorted staff
7. Working capital 

Expense per line of transcription: The expenditure per line of transcription needs to be estimated covering the allocation of the above listed resources used for online medical transcription

System for organizing overflow/holiday/weekend transcription demands: Considering that the volume of online medical transcription needed cannot be foreseen due to the diverse inflow of patients, the wasted capacity during slack times and the overtime paid during busy times needs to be computed

Once health facilities have taken a look at the current situation regarding medical transcription, the next step would be, specifying the desired outcomes from the contracting out resolution:

• Minimum or no investment: Outsourcing healthcare transcription should mandate very little outlay so that healthcare practices can optimize their limited resources to improve their most important business
• Conservation on expenditure of online medical transcription: One of the key desired outcomes from the sub contracting resolution is the substantial optimizations on cost that healthcare practices hope to make, in terms of both direct and indirect expense of online medical transcription
• Least resources considered necessary: Outsourcing healthcare transcription should ensure lowest requirement of overheads like administration staff, support staff etc.
• First-rate standard exact medical transcription: The correctness of the details transcribed in the patient records is obligated to be as close to 100% as possible to facilitate health professionals to deliver superb medical care
• Speedy and efficient delivery time: Health professionals rely on details from patient reports to make healthcare plans and the particulars from patient transcripts is also vital for receivables management, therefore the turnaround time commitments offered by the medical transcription vendor should fit the explicit demands of health facilities
• Confidential online medical transcription: Security of secure patient information is one of the major concerns that arise during the outsourcing procedure. It is important for the vendor to have adequate provisions with regards to people, operations and technology
• Least training: Health professionals and support staff are starved of time, the methods used by the medical transcription service provider should take this into deliberation, so that the methods utilized for medical transcription should be configured so as to mandate minimal training
• Allowing use of adaptable methods of dictation: One of the desired outcomes results of the online medical transcription sub contracting method is that of healthcare professionals being facilitated to retain accustomed modes of dictation permitting them right use of their limited time
• Transcripts in denoted formats/templates: Various areas of medicine/health professionals require patient reports to be generated in denoted templates/formats, it is critical to locate a medical transcription company that can produce patient records based on requirements

TransDyne, a leader in the outsourced healthcare transcription sector provides tailored solutions to the healthcare transcription needs of health facilities. TransDyne provides excellent medical transcription at reasonable prices, performed by knowledgeable and qualified transcriptionists with a very timely delivery time performed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with software and tools that is advanced but effortless to operate!             

To benefit from total medical transcription services from TransDyne, click here.

Medical transcription sub contracting: Creating a synchronistic outcome

The medical care process is not only complicated it is also an incredibly sophisticated and precise exercise. Being a necessary service healthcare has to provide quality services every time! Health management relies on components from multiple areas to be capable of delivery of excellent health management every time. Therefore it becomes crucial for healthcare practices to finalize the key areas and contract out the rest. This assists them not only aim on their most important business better, but also restricts expenses and speeds up fund flow. 

Online medical transcription is one such component that is a crucial contributor to the medical care process, but not part of the core competence of the health facility. Outsourcing online medical transcription creates synergies that result in improved healthcare services and lessening the burden of healthcare facilities in several valuable areas.

What does contracting out online medical transcription create the synergistic impact?

The word synergy has been characterized as the worth of result that is much greater than the actual sum worth of the components. Outsourcing medical transcription can be quoted as a good example of synergy. By sub contracting online medical transcription, not only does the health facility benefit from exact, speedy, reasonably priced and HIPAA compliant formation of patient reports, sub contracting also delivers other gains like:

Availability of a team of trained transcriptionists: The caliber of patient records is reliant on the accessibility of trained transcriptionists.  To create a team of qualified medical transcriptionists would require an extended process of choosing the correct skill and training them.  By sub contracting health facilities effectually have open access to qualified medical transcriptionists as needed without having to go through the exercise of hiring and training. This creates a synergy of bigger pool of skill for healthcare facilities to draw on as considered necessary without in reality having them on the rolls thus eliminating a lot of disturbances.

Minimizing of technology expenses for online medical transcription: The next constituent that makes an impact to standard of online medical transcription in terms of alacrity and security is software and tools. Information technology has an enormous role to play in the voice transcription exercise. Sub contracting online medical transcription enables healthcare practices complete utilization of the software and tools evolved by the online medical transcription service provider for transcription without having to make substantial investment. Health facilities can enjoy the gains of information technology without the substantial commitment required in developing and sustaining it.

Leveraged situation: Medical transcription in-house would involve investment in information technology, capital equipment and working capital. By sub contracting online medical transcription health facilities can leverage on the commitment made by the voice transcription vendor in these sections and direct these overheads on the main business

Pay per line: One of the key advantages of contracting out online medical transcription is that healthcare practices can confine the cost of transcription to just the expense per line as charged by the voice transcription company. Basically this means that they do not have to worry about considerations like output, downtime, overtime, and extra charges for weekend/holiday/overflow transcription

Cost control and enhanced cash flow: Not only does sub contracting online medical transcription confine cost to expenditure per line of transcription, it also restricts the expenditure per line considerably by as much as 40% to 60%. The other profit of outsourcing medical transcription is that the because of the speedy making of patient reports the exercise of reimbursement can also be sped up, enhancing fund flow.

HIPAA compliance of patient reports:  Protecting confidential patient transcripts are one of the major doubts of healthcare practices. This information is especially vulnerable during the voice transcription practice. Contracting out online medical transcription to the correct medical transcription company makes certain that the patient records are secured by acceptable provisions in terms of teams, operations and information technology

It can be established that contracting out medical transcription has a synergistic result by allowing health facilities to leverage on the skills and overheads of the medical transcription vendor. To reap the highest profit out of the contracting out process it is important to source the right transcription vendor.

TransDyne, a leader in the outsourced online medical transcription industry delivers tailor made solutions to the online medical transcription necessities of health facilities. TransDyne offers excellent medical transcription at economical prices, executed by seasoned and trained medical transcriptionists with a very timely delivery time carried out through secure HIPAA and HITECH compliant channels, with very high levels of correctness and all this with software and tools that is advanced but easy to operate!              

To benefit from complete online medical transcription services from TransDyne, click here.

Healthcare transcription contracting out: Details to be deliberated on during outsourcing

Sub contracting healthcare transcription is a practical operational resolution and helps the health facility prioritize absolutely on their principle business interest while delivering the right assistance. However the contracting out judgment is not one to be taken lightly and entails an in-depth study of what the healthcare facility desires to benefit from the sub contracting resolution. To guarantee that everybody in the healthcare practice is comfortable with the outsourcing judgment it is important for the healthcare provider to ask itself some questions:

Is medical transcription a component of the key business sphere of the healthcare provider?

Healthcare transcription is not a part of the principle business concern of a health facility though it does play a critical function in the functional and economical features of a health facility. Medical transcription is a specialized skill entailing a mixture of the appropriate people, the appropriate technology and methodology to be proficient at satisfy the criteria of being accurate, quick, HIPAA compliant and cost-effective.

How much is voice transcription costing currently?

Having voice transcription in-house could be costing the healthcare provider more than what they initially would have calculated. While computing expense of in-house voice transcription factors like these should be taken into thought:

• Overheads
• Assignment of management & administration staff for overseeing voice transcription in house
• Wastage of overheads in slack times
• Overtime pay during excess inflow of work
• Extra pay for weekend and holiday transcription 

What are the other assets being made use of for captive medical transcription?

Captive medical transcription could also entail utilization of overheads like secretaries, software and tools manpower, capital equipment etc. for online medical transcription.

What are the quality extent and delivery time of records?

In-house healthcare transcription could culminate in various degree of precision due to the varying volumes of transcription. The quality extent could be high when amounts of work are reduced and low when volumes are high.  The delivery time could also vary in accordance with the quantity of transcription. The delivery time being shorter in slack periods and vice versa in the middle of periods with high amounts of work.

Is it vital to retain online medical transcription in-house?

There are precise points like concerns for HIPAA compliance of the information that could be a hurdle to the contracting out decision. Choosing a transcription vendor with procedures in place to safeguard human resources, practices and information technology can get rid of HIPAA compliance doubts and remove any hurdles to the contracting out procedure.

What are the other alternatives open?

Health facilities have the alternative of outsourcing their overflow transcription demands to a mix of independent contractors or healthcare transcription companies. This could however outcome in the healthcare provider having to put in more inputs to manage healthcare transcription from various resources. The effortless solution to ensure that transcripts are transcribed in a prompt, accurate, protected and economical way is to subcontract online medical transcription on a turnkey basis to a specialized voice transcription contractor

What is the outlay of outsourcing healthcare transcription?

Outsourcing voice transcription ensures that the outlay of transcription is restricted to the cost per line of transcription. In the beginning the healthcare provider may have to have a minimum capital outlay towards choosing the transcription vendor and adapting to the software and tools used by the medical transcription company.

What are snags of contracting out voice transcription?

The common drawbacks while contracting out a work as important as healthcare transcription is the worry of inferior quality and HIPAA& HITECH compliance worries. Another major fear is that the price quoted by the transcription contractor may have unknown outlays. Both these concerns can be overcome by picking a transcription vendor who has the optimum people in place to satisfy correctness doubts, has enough procedures in place to make certain of full HIPAA compliance and uses a pricing procedure that is assessable, supportable, definable, constant and fair & trustworthy.

What is the addition to usefulness in outsourcing medical transcription?

Sub contracting healthcare transcription offers the healthcare provider with various value added options like software and tools that offers several advantages like different means of document delivery, archives making it simple to trace documents in different phases, specialty healthcare transcription etc.

What about the transition to subcontracted medical transcription services?

Moving from captive transcription to outsourced alternatives can be alleviated when the voice transcription company has open avenues for customer service. This would facilitate the service provider to solve minor concerns as and when they crop up.

What about present investments in EMR?

Ongoing investments for EMR/EHR can be protected if the voice transcription vendor has the know-how for HL7 interface empowering data to be sent to the EMR/EHR system.

What are the options accessible to capture dictation?

This is a main apprehension for time starved physicians, this fear can be eliminated by choosing a medical transcription company who allows the doctors to retain their habitual modes for capturing dictation.

The procedure of outsourcing medical transcription can become easier by selecting an online medical transcription company who alleviates these fears/doubts that may rise in the middle of the outsourcing exercise.

TransDyne, a leader in the subcontracted online medical transcription sector offers complete       online medical transcription solutions. TransDyne provides quality healthcare transcription at cost-effective rates, accomplished by experienced and qualified transcriptionists with a very timely delivery time accomplished through HIPAA compliant HIPAA and HITECH compliant channels, with very high extent of correctness and all this with software and tools that is advanced but effortless to employ!                 

To benefit from exhaustive online medical transcription services from TransDyne, click here.