Medical transcription: Understanding healthcare objectives

Medical transcription is the process of converting the audio records of the patient-healthcare professional encounter into text format, while maintaining accuracy, turnaround time, and security and providing the service at low costs. To this end medical transcription is a vital function for effective healthcare, taking care of both the need for information and starting the receivables cycle.

For such a vital function to be effective it is important that the medical transcription service provider understand the aims of healthcare. The aim of healthcare is as follows:

1. Safe: This means much more than the ancient maxim, “Do no harm”, which makes it the individual’s responsibility to be extra careful. It means safety should be a property of healthcare, and nobody should ever be harmed by healthcare again.
2. Effective: It should match healthcare to science; avoid overuse of ineffective care and under use of effective care
3. Patient centered: Healthcare should be patient oriented and the individual patient’s culture and social context specific needs, deserve respect. The patient should play an important role in his/her own care.
4. Timely: Reduce waiting time for both patients and those providing care. This benefits both the patient and the caregiver.
5. Efficient: The health care system should be efficient, constantly seeking to reduce the waste and hence the cost of supplies, equipment, space, capital, ideas, time, and opportunities.
6. Equitable: Race, gender, ethnicity or income should not affect the quality of healthcare provided. All healthcare services should be equitable.

Understanding the aims of the healthcare facility and understanding the constraints under which the healthcare facility has to work to achieve these aims, helps the medical transcription company come up with better solutions.

How does a professional medical transcription service provider help a healthcare facility achieve its’ goals?

By maintaining high levels of accuracy: This means that the integrity of the information about the patient’s health and treatment is captured accurately during the transcription process. This enables both the safety of treatment and efficiency of the treatment plan.

By maintaining speedy turnaround time:  The process of healthcare is largely dependent on timely information. Outsourced medical transcription ensures that the turnaround time is maintained and this in turn ensures that information is available on a timely basis.

By maintaining low costs: Outsourcing medical transcription helps the healthcare facility reduce cost of transcription thus ensuring that wastage is curbed.

 

By making the information secure: By making sure that medical transcription is executed through secure channels, the patients’ right to confidentiality is maintained.

 

By using technology that is advanced but easy to use: Using the right technology enables medical transcription that is timely, frees up the time of the healthcare professionals, decreases wastage of resources, keeps information safe. All these benefits help the healthcare facility in the achievement of their aims.

Outsourcing to a professionally managed medical transcription service provider like TransDyne can help a healthcare facility achieve all the aims of healthcare. TransDyne offers quality medical transcription at reasonable prices, done by expert medical transcriptionists with a very quick turnaround time and 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: Helps improve healthcare services

Medical transcription is the process of converting the audio records of the patient-healthcare professional encounter into a text format. Medical transcription plays an important role in providing support to the healthcare process. Outsourcing medical transcription provides the following benefits:

• By reducing costs: Outsourcing medical transcription to a professional medical transcription service provider helps the healthcare facility to restrict cost of transcription. Usually the medical transcription service provider would be quoting a rate that is based on a particular rate, per line of transcription. This limits the cost to just cost per line of transcription. Moreover the extra costs incurred for varying volumes of transcription, holiday and weekend transcriptions would be curbed. The medical transcription service provider could provide a complete solution for the complete medical transcription needs of the healthcare facility.

• By providing timely and accurate information: Timely and accurate information is essential for the healthcare professional to make informed decisions. By providing medical transcription services that are accurate and timely, the service provider would be aiding the healthcare professional in the healthcare process. The healthcare professional can make informed decisions rather than depend on memory or guesswork. A well-transcribed report is especially useful, when it involves a long-term treatment plan or when the patient is not in a position to provide pertinent information or when further referrals/tests are required.

• By conserving healthcare facility resources: By outsourcing medical transcription the healthcare facility can conserve many of its precious resources like capital outlay, management staff, real estate, utilities, Information technology, advertising budgets and also time of the healthcare professionals.

• By allowing healthcare professionals to optimize their limited time: Outsourced medical transcription services would allow the healthcare professional to utilize their time optimally. Many medical transcription service providers allow healthcare professionals to retain familiar modes of dictation this helps them save time. Moreover technology features like automatic uploads, downloads, powerful archiving, remote printing and faxing options help the healthcare professionals conserve their time, which would have otherwise been utilized for these functions.

• By improving the receivables cycle: Medical transcription is the first step in the process of reimbursement, by providing accurate and timely information. When medical transcription is outsourced to a professional medical transcription service provider, information is available in a timely and accurate manner, thus quickening the receivables cycle.

• By providing protection against litigation: Outsourcing medical transcription to a professional medical transcription service provider ensures that the information from the patient-healthcare professional encounter is captured accurately, and the confidentiality of this data is protected during the process. This ensures that there is no breach of security ensuring zero legal hassles. The transcripts also provide valuable backup for the treatment plan administered including dosages, procedures etc, forming a valuable part of the evidence against malpractice.

Medical transcription is a valuable service that aids the process of healthcare Outsourcing medical transcription to the right service provider can help improve the efficiency, decrease cost of transcription and quickens the process of reimbursement.

TransDyne is a professionally managed medical transcription service provider that has been in the business of providing outsourced medical transcription services for over a decade.

TransDyne offers medical transcription at reasonable prices, done by expert 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 benefit from outsourced medical transcription services by TransDyne, click here.

Medical transcription: Radiology

Radiology is the branch of specialty medicine that deals with the study and application of imaging technology like X-ray and radiation for diagnosing and treating disease. Radiologists direct an array of imaging technologies such as ultrasound, computed tomography (CT), nuclear medicine, positron emission tomography (PET) and magnetic resonance imaging (MRI) to diagnose or treat disease.

 

Scope of radiology also covers:

• Mammography radiology
• Cardiac radiology
• Musculoskeletal radiology
• Neuroradiology
• Pediatric Radiology
• Nuclear radiology

Medical transcription is the process of converting the audio records of healthcare professional-patient encounter into text format, which then forms a permanent part of the patient’s health record. This ensures the continuity of care by ensuring the patient’s detailed health history is available as reference.

Medical transcription for Radiology requires the skill level of medical transcriptionists to be high. The medical transcriptionists need to be well versed in the terminology, techniques and procedures that form part of radiology.

TransDyne acknowledges that the field of medicine is vast and has many specialties; therefore medical transcription for a particular specialty requires the team providing medical transcription support to have in-depth knowledge about the specialty. This ensures that the audio records dictated by the specialists are fully understood by the medical transcriptionists and the records are transcribed with maximum accuracy and within the requisite turnaround time.

TransDyne has a team of specially trained medical transcriptionists working on radiology medical transcription. This team has been extensively trained on the terminology, techniques and procedures related to radiology.

How does specialty training in Radiology in medical transcription affect accuracy?

Specialist training in radiology medical transcription ensures that the teams working on the transcripts are domain experts. This ensures familiarity with the “language” used by the radiologists and reduces errors dramatically.

How does specialty training in Radiology in medical transcription affect turnaround time?

Turnaround time of the finished transcripts is dependent on the skill level of the medical transcriptionists. Specialty training in radiology transcription helps develops the skill level of the medical transcriptionists, thus enabling them to meet turnaround time commitments.

How does specialty training in Radiology in medical transcription affect pricing?

Specialist training in radiology increases the productivity of medical transcriptionists and also minimizes errors. Both these factors help bring down the cost per line of transcription.

TransDyne gives healthcare professionals in radiology the benefit of specialist transcription maintaining high levels of accuracy, turnaround time and reasonable prices..

Not only that, availing medical transcription services from TransDyne has the following benefits:

Data Security: TransDyne ensures data security of Medical Transcription by incorporating security measures like 128-bit data encryption, multi-tiered application architecture, design level security, safeguards, firewall protected networks, sterilized e-mail servers, denial of access procedure and multi modal alerts. TransDyne also ensures data security by ensuring that the data doesn’t leave their premises physically. To ensure secure medical transcription all the transcription is done in the company’s own premises and the premises are secured through appropriate security measures. TransDyne meets and exceeds all HIPAA regulations that apply to electronic exchange of information.

Technology: Considering that time is one of the most precious commodities for healthcare professionals, TransDyne believes in using technology that provides multiple features with ease of use. Some of the features of the software and tools used by TransDyne are as follows:

• Smart upload: TransDyne offers doctors the choice of using modes of dictation they are already comfortable with. Then these files can be uploaded to the servers to be made available for transcription. Smart upload enables transfer of dictation files from the healthcare facility’s server to TransDyne’s server by checking for new dictations at pre-fixed intervals.

• Web Delivery: TransDyne’s web delivery system tackles all issues related with tracking dictations, receiving documents and finding old files form the archives.

• Smart Delivery: Smart delivery is an automated program that addresses the automatic downloads, saving files and printing needs of a healthcare facility.

• HL7 integration: TransDyne can configure and send healthcare information as HL7 messages to the client’s EMR with no additional costs.

To know more about Radiology medical transcription services by TransDyne click here.

Medical transcription: Smart Delivery system for EMR adoption

ARRA (American Recovery and Reinvestment Act) or Economic Stimulus bill was introduced in February 2009, aimed at spurring economic growth across multiple industries through Government spending. Out of this $ 19 billion was aimed at the healthcare Industry by way of incentives for meaningful adoption and implementation of EHR (Electronic Health Record) also known as EMR (Electronic Medical Record).

What is EMR/EHR?

Given below are the definitions of EMR and EHR

EMR: Is the electronic record of health related information on an individual that is created, gathered, managed and consulted by licensed clinicians and staff from a single organization involved in the individual’s health and care.

EHR: is the aggregate electronic health related information on an individual that is created and gathered cumulatively across more than one health care organization and is managed and consulted by licensed clinicians and staff involved in the individual’s health and care

Implementation of EMR/EHR has several benefits apart from that of the financial stimulus offered. These benefits include customizable templates according to doctor requirements, consistent & accurate data, easy retrieval and data input by pointing and clicking.

Having said that one needs to look at the down side of Direct Data Entry by doctors into the EMR/EHR system:

·        Lack the convenience of free form of dictation that allowed the doctors flexibility of time while allowing them to avail the benefits of comprehensively capturing data.

·        More time spent on data entry rather than on patient care that could lead to loss of productivity of doctors causing them to treat lesser number of patients.

·        Lack of eye contact while entering data with patients could lead to dilution of the “Bedside Manner” which forms an integral part of the personal care that patients expect.

·        Only tech-savvy doctors can adapt to this method.

·        Patient information would be in identical formats without the inclusion of personalized data that is an important part of healthcare.

·        Affect the bottom line of the healthcare facility in a negative way due to loss of productivity.

Having seen the benefits and the downside of EMR/EHR adoption one can see that the adoption of EMR/EHR through direct data entry by doctors can have a learning curve and lead to a loss of productivity. This may seriously hinder the transition and delay the adoption process. To solve this one needs to look at the possibility of adopting EMR/EHR while still retaining the traditional medical transcription method for creating records.

This could help overcome issues like loss of productivity leading to erosion of bottom line, personal care for patients etc. One needs to look for a medical transcription company that has the capabilities to import patient information to the EMR system while at the same time able to maintain accuracy, turnaround time and offer reasonable rates.

TransDyne is a leading medical transcription company has a smart delivery system, which has features like User defined folder paths to enable easy imports to EMR systems. The Smart Delivery system is the suggested mode of document delivery where pre-defined file saving would help import documents to EMR systems.

Not only that TransDyne offers quality medical transcription at reasonable prices, done by expert Medical Transcriptionists with a very quick turnaround time executed through secure HIPAA compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!

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

Medical transcription: Anticipating the needs of healthcare facilities

Outsourcing medical transcription to the right service provider has many advantages. The more obvious ones being accurate, timely, economical and secure creation of records. Apart from the obvious, outsourcing medical transcription has many strategic advantages, one of them being the service provider tailoring their services according to what the healthcare facility may require.

It is a well-known fact that the healthcare field is constantly evolving, new things are being discovered on a daily basis, both in terms of new ailments as well as new remedies in the form of medication, procedures, therapies and surgery methods. It is important that the person/s documenting the patient records be well versed with the latest developments. Moreover the norms for documentation as well technological changes in the medical transcription field also keep evolving. All these need to be incorporated without incurring additional costs.

How does outsourcing medical transcription help healthcare facilities cope up with the changing environment?

Outsourcing medical transcription can help healthcare facilities cope up with the changing environment by anticipating their needs and tailoring their services accordingly.

Solutions are provided for changing needs of the healthcare facilities by the following methods:

·        Training methods: Training methods adopted by the medical transcription service provider have impact on the following areas.

a)     Coping with varying volumes:  By constantly recruiting and maintaining a large team of medical transcriptionists, the medical transcription service provider would be able to maintain accuracy levels and meet turnaround time commitments even with huge influx of patients.

b)     Dealing with specialties: A medical transcription service provider that creates specialist medical transcriptionists by training them in one or two specialties enables them to cope varying needs of the healthcare facilities, when new specialties are added. Moreover updating the medical transcriptionists on the latest developments in the particular specialty becomes more efficient. The medical transcriptionists are well versed with the terminology used and with the formats required enabling them to meet the highest standards of accuracy within optimum turnaround time.

·        Adopting technology: Technology adopted by the medical transcription service provider has impact on the following areas:

a)     Flexible uploads and downloads: Medical transcription uses technology for dictation, uploading of audio files and downloading of finished transcripts. The technology used by the medical transcription service provider needs to be advanced to cope with all these needs and at the time need to be easy to use. 

b)     Powerful archiving: Healthcare facilities have a huge number of healthcare professionals dictating sizable volumes of dictation on a daily basis. The healthcare facility would also be receiving huge volume of transcribed files on a daily basis. Tracing these files, dictated as well as transcribed at any given point of time can be very difficult. Anticipating this the service provider needs to use a system which has powerful archival features to enable all these functions.

c)      Security:  Security of data during transmission is on of the main concerns of healthcare facilities. Technology used by the service provider needs to provide for the security of data at all levels.

d)     Integration with EMR: Adoption of EMR needs that the service provider has HL7 interface to enable transmission of data into the EMR system without additional investment.

TransDyne is a professional medical transcription service provider that has always anticipated the needs of healthcare facilities and also incorporated the latest developments in the field of healthcare, while offering outsourced medical transcription solutions to healthcare facilities.

TransDyne offers medical transcription at reasonable prices, done by expert 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 outsourced medical transcription services from TransDyne, click here.

Medical transcription: How does outsourcing help increase cash flow?

Outsourcing is the process of obtaining certain services through an outside service provider. Usually the services that are outsourced are essential services that form part of the costs. Outsourcing is a good method to cut down costs and sharpen focus on the core business.

Medical transcription is the process of creating medical records of the patient -healthcare professional encounter. Though medical transcription is an essential part of the healthcare process and plays an important role in the receivable cycle, it is not part of the core competence of the healthcare facility. Outsourcing medical transcription to a professional service provider is a cost effective method of record creation in a timely, accurate and secure way.

Apart from the obvious advantages of outsourcing medical transcription, there is the added advantage of increased cash flow.

How does outsourcing of medical transcription services improve cash flow?

• By restricting cost of transcription: Outsourcing medical transcription limits the cost of transcription to the cost per line of transcription. There is no wastage of idle production capacity during slack times and no extra expenses for medical transcription when the patient influx is high. A professional medical transcription service provider would provide a package deal including weekend and holiday transcription requirements.

• By reducing investment in infrastructure: Outsourcing medical transcription eliminates the need for investment in capital investment like computers, furniture, and servers with regard to medical transcription. The healthcare facility can channel these funds for other purposes.

• By reducing expenses in utilities: In-house transcription would incur a large expense in terms of utilities like power, Internet etc. by outsourcing medical transcription the cost of utilities would be dramatically reduced, thus improving the cash flow.

• By shortening the receivables cycle: It is a known fact that the medical record of the patient is the basis for coding and billing and medical transcription is the process of creating these records. Timely medical transcription accelerates the process of reimbursement, thus improving cash flow.

TransDyne is a professionally managed medical transcription service provider that has been providing outsourced medical transcription services for over a decade.  TransDyne provides medical transcription services, which are tailored to suit the specific needs of different healthcare facilities. Apart from increasing the cash flow of a healthcare facility, the advantages of outsourcing medical transcription to TransDyne are:

• Accuracy of above 99%
• Turnaround time of 24 hours with an option of 4-12 hours for STAT reports
• Data transmission through secure channels
• HIPAA compliance by use of secure technology, processes, people and infrastructure.
• No dilution of quality and security by use of subcontractors
• Reasonable and fair pricing ensuring enormous savings.
• Flexible modes of dictation
• Technology that not only enables automatic upload of files, download of files, powerful archiving, easy EMR integration, but also easy to use.
• Remote printing and Fax solutions
• 24/7 customer interaction to solve any issues that may arise
• Free trial for a limited period without any obligatory signup

To know more about the advantages of outsourcing medical transcription to TransDyne, please click here.

Medical transcription:Cardiology

Medical transcription is a back office function that assists healthcare professionals in creating accurate and speedy records of patient visits. Medicine is a vast and complex field having various specialties. The terminology, treatment procedures and the drugs used in each specialty are different. That is why healthcare professionals train for a particular specialty to become  specialists in that field.

Cardiology is a medical specialty dealing with disorders of the heart and blood vessels. The field includes diagnosis and treatment of congenital heart defects, coronary heart disease and electrophysiology. Physicians specializing in this field are called Cardiologists. And physicians specializing in surgery related to cardiology are called Cardiac surgeons.

Medical transcription for cardiology services require medical transcriptionists to be well versed in the terminology and familiar with the treatment modes and drugs used. Recognizing the need for professional and skilled medical transcriptionists to transcribe records dictated by cardiology specialists, TransDyne has created a team of medical transcriptionists specializing in Cardiology.

Medical transcriptionists are hand picked during the training period and trained to learn in detail, the terminology, procedures and drugs associated with cardiology.

How does specialty training in Cardiology transcription affect accuracy?

Training a medical transcriptionist in cardiology transcription helps increase accuracy of the finished transcript, by familiarizing the medical transcriptionist with all the terminology and procedures associated with Cardiology. This ensures that the medical transcriptionist does not misspell or misunderstand any of the terms used by the healthcare professionals. The medical transcriptionist is able to produce accurate records from the very beginning without leaving room for guesswork.

How does specialty training in Cardiology transcription affect turnaround time?

Turnaround time refers to the time taken to revert the transcribed report to the healthcare facility. By familiarizing the medical transcriptionist with all the terminology used in cardiology, the turnaround time can be maintained due to the familiarity of the medical transcriptionist with the associated terms and cutting down time spent on research. Moreover the time spent on multi level quality checks would also reduce, reducing the turnaround time.

How does specialty training in Cardiology transcription affect pricing?

Specialty training in Cardiology transcription can help bring down cost per line of transcription, by increasing the productivity of the medical transcriptionist. Moreover due to the increased accuracy of the transcripts the cost of several level quality checks can be reduced.

Apart from offering accurate, timely and reasonably priced cardiology transcription, TransDyne also offers the following:

Data Security: TransDyne ensures Data security by incorporating security measures like 128-bit data encryption, multi-tiered application architecture, design level security, safeguards, firewall protected networks, sterilized e-mail servers, denial of access procedure and multi modal alerts.

TransDyne further ensures data security by ensuring that data doesn’t leave it’s premises physically. To ensure secure Medical Transcription all the transcription is done in TransDyne’s premises and the premises are secured through appropriate security measures. TransDyne meets and exceeds all the HIPAA regulations.

Technology: TransDyne believes that the technology used for medical transcription like uploading dictation and downloading finished transcripts should be advanced to ensure reliability, but very easy to use requiring very less or no training. TransDyne also has a system with powerful archival features enabling the healthcare professional to easily trace old records. TransDyne also facilitates HL7 interface for interacting with other systems.

To know more about Cardiology medical transcription services by TransDyne, click here.

Medical transcription: Process for outsourcing

Having seen the strategic advantages of outsourcing medical transcription, a healthcare facility needs to adopt a strategy for outsourcing medical transcription that enables them to avail all the advantages.

The process for outsourcing should include the following:

• Selection of appropriate vendor for medical transcription, based on:

1. Long-term experience of the medical transcription service provider: While outsourcing services as vital as medical transcription it pays to be cautious while picking out the provider. History of the provider is providing similar services are vital. This shows that the medical transcription service provider is prepared in every way to deliver the right solution.
2. Availability of skilled people with the service provider: The quality/ accuracy and the timeliness of the records transcribed are vital for providing quality healthcare and have other uses like the forming the basis of coding & billing and as evidence in case of litigation. The accuracy of the transcripts and the turnaround time are dependent on the skill level of the medical transcriptionists. Therefore it is important that the medical transcription company has a team of expert medical transcriptionists.
3. Technical infrastructure available with the service provider: The technological capabilities affects the turnaround time, security of data and the ease of use.  Factors like flexible modes of dictation, automatic upload of audio files and download of transcribed records, archiving facilities and HL7 integration are important factors to be analyzed.
4.  Pricing: Pricing in medical transcription can be as easy or as complex as the billing method used by the medical transcription service provider. Often prices are discussed without properly qualifying the billable units or the billing method. This leaves room for manipulation and ambiguities. The billing method needs to be verifiable, measurable, definable, consistent and fair& honest.
5. Integration capabilities: The systems/technology used by the service provider needs to easily integrate with the systems of the healthcare facilities. This ensures access to information in an easy and workable manner.
6. Security measures taken by the medical transcription service provider: Patient data is confidential and needs to be protected at every stage. Because the medical transcription process involves the transmission of data through electronic channels and is exposed to medical transcriptionists during the process of transcription, it is highly vulnerable to misuse. Security measures taken by the medical transcription service provider needs to cover technology, process and people to ensure total confidentiality.
7. Investment required for availing the services: One of the main reasons for outsourcing medical transcription is to curb capital investment towards non-healthcare related areas in a healthcare facility. While outsourcing medical transcription, the healthcare facility needs to ensure that no further capital investment is required.
8. Adaptability of service provider to varying demands: The demands of healthcare professionals may vary according to many factors like their specialty, influx of patients and other factors. While choosing a medical transcription service provider it is important to choose one that has experience servicing varied requirements.
9. Customer service channels: Transition from in-house medical transcription to outsourced medical transcription requires a certain period of handholding to make the process smooth. Even after the transition process is complete, there may be numerous instances where instant turnaround on queries is required. An open channel of communication is essential while outsourcing.

• Verifying testimonials: Success stories of clients who have availed of similar services need to be checked before finalizing the outsourced medical transcription service provider.

• Free trial period: Availing a free trial period will ensure that the service provider is capable of delivering services as per the promised criteria.

• The contact: The actual contract needs to be studied and all the requisite parameters required should be included, in a clear and unambiguous manner.

TransDyne a leading provider of medical transcription services offers medical transcription services that include all the above criteria. TransDyne:

• Has been providing outsourced medical transcription services for over a decade
• Has a large team of expertly trained medical transcriptionists, ensuring accuracy and turnaround time
• Uses technology that is advanced and easy to use
• Uses the “character method” of billing to ensure fair pricing,
• Has the technological capability to integrate with the healthcare facilities’ systems.
• Is HIPAA compliant with regard to technology, processes, infrastructure and people
• Requires zero investment to avail their services.
• Can adapt their services to the needs of the clients.
• Has open channels of communication available 24/7.
• Has some of the success stories available on their website
• Offers a free trial period without obligatory sign up
• Is ready to work on the contract as per the needs of the client.

 

To avail the strategic advantages of outsourced medical transcription by TransDyne, click here.

Medical transcription outsourcing: Strategic advantages

Due to the advent of Internet, services from all over the world have suddenly become more accessible. As the concept of global village advances, it makes sense for all businesses to outsource non-core activities to make the most of their limited resources. Communication facilities have improved, development of processes have reached maturity and there are well-integrated teams in place to provide specialized services at reasonable rates.

When it comes to healthcare, administrators of healthcare facilities have to deal with shrinking budgets, reduced reimbursements and increased demand for quality healthcare services. It makes sense to strategically outsource those functions that are not part of the core business. Medical transcription is one such function that demands a high level of commitment in terms of both time and resources. Outsourcing medical transcription to a professionally managed medical transcription service provider can provide the healthcare facility with numerous advantages:

1. It streamlines medical transcription: By outsourcing the medical transcription needs of the healthcare facility to a professional medical transcription service provider the process gets streamlined. The medical transcription service provider acts as a one-stop shop to provide varied services with different parameters from one source. Co-ordination for quality, turnaround time, security and pricing becomes simpler.

2. Reduces demand for medical transcription staff: It has been seen that getting the right people to work on transcription is important to meet all parameters like accuracy, turnaround time and security. By outsourcing medical transcription the onus of acquiring the right team is passed on to the service provider.

3. Provides access to additional resources in the form of skill sets and technology: By outsourcing medical transcription the healthcare facility can have the advantage of the technology used by the service provider along with the skill sets of the provider’s team.

4. Guarantees reduction in expenses: By outsourcing medical transcription to the right medical transcription service provider, the healthcare facility can expect to benefit from both the skills and the economies of scale of the service provider in terms of drastic reduction in the cost per line of transcription.

5. Special medical transcription needs/problems are attended to immediately: Due to the benefits of having a huge team of skilled medical transcriptionists available to the medical transcription service provider, they would be in a position to accommodate any special needs of the healthcare professionals, whether in terms of formats, or turnaround time or any other parameters required by them.

6. Services improve and become more reliable: Medical transcription is the process of consolidating information regarding the patients’ encounter with the healthcare professional. Timely medical transcription can have a positive impact on the quality of healthcare services by providing timely and accurate information.

To avail the strategic advantages of outsourced medical transcription, the healthcare facility has to undergo a process of identifying their needs and picking out the right service provider.

TransDyne offers quality medical transcription at reasonable prices, done by expert 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!

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

Process for choosing the right medical transcription service provider in the next blog.

Medical transcription: Outsourcing advantages

When it comes to medical transcription needs of a healthcare facility, there are various options available to them. They could choose to go in for an in-house transcription team or engage Independent contractors, or engage the services of a medical transcription service provider. Sometimes healthcare facilities choose to have a combination of all three.

However outsourcing medical transcription needs on a turnkey basis to a professional medical transcription service provider has a lot of advantages. Once the expertise of the medical transcription service provider has been evaluated in terms of accuracy, turnaround time, security, technology and the flexibility of services, there are many advantages to outsourcing medical transcription the right way.

Given below are some of the advantages of outsourcing medical transcription:

1.      Saving time: By outsourcing medical transcription, the administrative staff of the healthcare facility as well the healthcare professionals can organize their limited time better to focus on the core business; that of providing quality care.

2.      Saving resources: Outsourcing medical transcription frees up resources like Information technology, real estate, working capital, management personnel etc. These resources can then be utilized more optimally.

3.      Savings on infrastructure: Having medical transcription in-house would require infrastructure like real estate, computers, utilities etc, which would have to be dedicated to medical transcription. By outsourcing medical transcription, investment on this infrastructure could be saved.

4.      Saving on efforts: A lot efforts are needed from people at every level, when medical transcription is executed in-house or through the use of independent contractors. Activities like recruitment, training requires a lot of effort. Outsourcing medical transcription makes sure that these efforts are channeled more productively.

5.      Less strain on internal resources: Due to increasing costs, decreasing percentage of reimbursements, and limited budgets, it has become increasingly challenging to manage internal resources. Outsourcing medical transcription lessens the strain on internal resources.

6.      Gaining from the expertise of the provider: Outsourcing medical transcription has the advantage of the healthcare facility gaining from the expertise of the medical transcription service provider. The experience and expertise of the medical transcription service provider add to the other benefits of outsourcing.

7.      High quality of service: As more and more resources of the healthcare facility are freed, the focus on providing quality services would improve, thereby enhancing the quality of service.

8.      Flexibility of choice: One of the major advantages of outsourcing medical transcription is the flexibility of services provided. The onus of having to organize medical transcription services for varying influx of patients, holiday transcription and weekend transcription needs is on the service provider.

9.      Increase shareholder value: With the minimization of costs, profits are maximized thus increasing shareholder value.

10. Streamlined and improved operations: With one of the vital functions in the healthcare process, being taken care of, the administration of the healthcare facility is free to focus on other areas. This helps streamline and improve operations.

11. Being competitive: The ability to cut costs without affecting the quality and turnaround time of medical reports, gives a competitive edge to the healthcare facility.

12. Improvement and expansion of services: With huge cost saving benefits and improvement in efficiency, by outsourcing medical transcription, the healthcare facility, improvement and expansion plans become a reality.

13. Improvement in cash flow: Medical transcription is the first stage of the receivables cycle. Outsourcing medical transcription ensures that the turnaround time is reduced, thus quickening the receivables cycle. This in turn improves the cash flow.

Apart from all the above strategic advantages, outsourcing medical transcription needs to a professional medical transcription service provider like TransDyne has benefits like quality medical transcription at reasonable prices, done by expert 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 outsourced medical transcription services from TransDyne, click here.