Quality health management relies on the foundation of the qualifications, talents, background of physicians, proper implements, the right drugs and data regarding the patient’s health condition. Healthcare transcription performs a crucial part in the process of health management by transcribing patient transcripts transforming the audio records files of the patient-healthcare professional encounter into transcribed format.
Patient reports act as context points in the following areas:
- Delivering demographic data of the patient
- Past and present symptoms exhibited by the patient
- Details of past examinations/tests/ procedures
- Past diagnosis/ treatments
- Drugs & formulations prescribed
- Allergy data
- Pre-existing conditions
It is vital that patient reports be generated on a quick basis, capturing utmost information exactly. Medical transcription is the exercise of patient record creation. Though playing such a vital role in the medical care exercise, medical transcription adds to the expenses. Considering this, it is crucial for healthcare practices to contain the costs of healthcare transcription to the highest extent feasible without compromising correctness, security or delivery time.
How can healthcare transcription be made economical?
Sub contracting online transcription to a specialized service provider can not only aid the healthcare facility curtail expenses per line of online transcription, but also minimize overheads that would be incurred by having medical transcription in-house.
How is sub contracting online transcription cost-effective?
To find out whether outsourcing online transcription is really reasonably priced it is important to comprehend the meaning of the word reasonably priced. The word cost-effective has been classified as using the minimum of time or resources crucial for efficacy.
Sub contracting online transcription is a cost-effective solution for the record creation demands of a healthcare facility. Contracting out online transcription helps the health facility economize in the following areas:
Assists reduce expenditure per line of medical transcription: Outsourcing healthcare transcription helps reduce the expenditure per line of online transcription by as much as 40%-60%. Apart from that outsourcing healthcare transcription also aids the health facility control expenditure to the level the service is used. Extra expenses like overtime payment for high amounts of work or wastage due to idle capacity are avoided.
Helps reduce indirect expenses of in-house online transcription: Online transcription requires utilization of resources like transcriptionist recruitment & training expenses, real estate expenditure, expenditure of medical transcription implements, costs of utilities, expenditure of working capital, expenses of IT and management resources etc. By contracting out medical transcription all these costs can be circumvented.
Saves the time of health professionals: Contracting out online transcription helps save time of health professionals in the following ways:
- Permitting them to operate preferred methods of dictation
- Minimizing time spent reading and correcting reports by sustaining accuracy
- Making better productivity by having provisions like remote printing and faxing
Optimizes the time of other support staff: Contracting out medical transcription aids save the time of support staff by providing the below given plus points:
- Strong archiving facilities
- Having HIPAA/HITECH compliant measures in place to ensure confidentiality of information
- By permitting preset transfers of audio records and automatic downloads of records by employing resourceful software and tools
- Having options for assimilation with EMR/EHR
- Having transparent and well-classified costing methods, making it simpler to reconcile accounts.
It can be determined that sub contracting healthcare transcription is a cost-effective service to the record creation requirements of a health facility.
TransDyne is a leading provider of outsourced medical transcription services that are reasonably priced, efficient and effective. TransDyne offers quality online transcription at economical rates, carried out by knowledgeable and qualified medical transcriptionists with a very prompt turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of correctness and all this with technology that is superior but easy to utilize!
To avail reasonably priced healthcare transcription services from TransDyne, click here
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