Tag Archive for Medical Transcription Outsourcing

6 Empowering Benefits of Medical Transcription Outsourcing

Medical transcription business is on the rise and so medical practitioners need to decide whether they wish to conduct medical transcription in-house or outsource it to an offshore location. In this article; we look at the various benefits that can be derived from outsourcing medical transcription services to an offshore medical transcription provider.

Medical transcription business has become quite popular. But doctors are so busy with their day-to-day schedule; it becomes very difficult for them to transcribe the documents at the time of patient visit. Hence; they outsource the medical transcription service to a third party. Let us look at some of the benefits of outsourcing medical transcription services:

  • Cost effective: The major reason for outsourcing medical transcription service is the cost benefit that can be derived from it. Offshore locations give tremendous opportunities to medical practitioners to get the transcription services done at a cheaper cost that is normally associated with US. Some of the additional benefits of outsourcing transcription services to off-shore locationare:
    • Lower per line cost
    • Lower direct labor costs
    • Lower costs in HR, administrative and training areas
    • Lower annual maintenance costs for maintenance of digital and transcription equipment
  • Exploits industry experience: Clients stand-out from the rest of transcription industrywith the help of experience gained by them. They have significant experience working on wide array of medical records like:
    • Operative Note
    • Discharge Summary
    • Progress Note
    • Emergency Room Procedure
  • Exploit time zone differences on offshore locations: The time zone difference between India and US gives an advantage to the clients to download, transcribe and transmit the documents overnight so that US medical practitioners get the transcribed document the following working day. This ensures fastest turnaround time in the industry.
  • High quality and accurate medical records: Medical transcription service providers adhere to globally standardized, HIPAA compliant medical transcription processand follow stringent multi-level QA procedures. The QA procedures include:
    • Editing
    • Proofreading
    • Reviewing of completed records

Medical transcription service providers ensure that quality of the transcribed documents is maintained. They also enforce penalties to those who do not adhere to the quality standards and turnaround times.

  • Reduced HR responsibility in Hiring, Training and Administration: Human Resources departments of healthcare facilities and hospitals can substantially reduce the time, resources and effort on hiring, training and maintaining medical transcription staff on their payroll. Medical transcription is required across all the departments and functionalities, 24 x 7 including on-call and emergency room procedures. Hence; if the transcription services are outsourced then the number of staff required for payroll processing, hiring and administrative responsibilities are reduced drastically.
  • No affect of seasonal fluctuations in staffing: U.S. medical transcription business is seriously affected by seasonal fluctuations. During winter patient consultations are on the rise and during holiday seasons such as Christmas and Thanksgiving; hospitals are largely understaffed. When the medical transcription services are outsourced to offshore locations, these seasonal fluctuations in staffing do not affect the business.

About Mediscribes

Mediscribes, Inc. is one of the fastest growing Medical Transcription & document management systems providers in United States, based in Metro Louisville. Mediscribes is an ISO 9000-2001 certified company, rendering cost-effective consolidated transcription solutions to major hospitals, clinics, and other healthcare facilities in United States. Mediscribes is the most value-providing organization in the market today with a strong presence in America and offshore locations. The firm specializes in providing highly accurate transcription adhering to ADHI guidelines in unbeatable turnaround time with robust & proven document management system as its vantage point to its esteemed clientele.

Mediscribes provides end-to-end transcription solutions as its primary offering. For our customers, we focus on dictation systems, both ASP as well as enterprise level solutions, with the help of our most valued asset ezVoiceIntelligence (ezVI), providing specialty-specific qualitative transcription along with a “whole nine yards” document management system. Mediscribes specializes in EMR data integration as well. Our data dispatch department is highly proficient in integrating transcribed reports into any type of EMR. Healthcare facilities that do not have EMR get the option to use our web-based file monitoring interface called eTranscribe for global access to their data. eTranscribe has special features of E-signing, E-faxing, auto-printing, and user-friendly document search criteria.

For additional information, please visit http://www.mediscribes.com
Media Contact (Mediscribes)
Mike Perry
marketing@mediscribes.com

Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.mediscribes.com
http://www.bizscribes.com
Copyright © 2009. Mediscribes.
Mediscribes is a registered trademark. All Rights Reserved.

Four Vital Features Favoring The Use of Fixed Cost Pricing Model For Medical Practitioners

Different pricing models are followed by different Medical Transcription companies. In this article, we look at the distinct features of fixed cost pricing model for transcriptions, which makes it indispensable for medical practitioners.

Medical Transcription companies have different pricing models for transcription services according to the needs of the client. Some of the pricing models offered by Medical transcription companies include:

  • Fixed Cost Model
  • Time and Material Model
  • Offshore Development Model
  • Cost-Plus Model
  • Transactional Model
  • Milestone and Incentive Based Model

With so many pricing models at the disposal; it becomes very difficult for Medical practitioners to opt for the right pricing model for the transcription services. Each of these pricing models has its own advantages and disadvantages. Let us now look at some of the inevitable features of Fixed Cost Pricing Model, which makes it indispensable for Medical practitioners:

  • Pre-defined costs: Fixed cost pricing model does not involve any hidden cost. Unlike other pricing model where the medical practitioners cannot predict the end cost of the project, in fixed cost pricing model the scope of the work and costs attached with the project are pre-defined. Hence, this feature becomes a decisive criterion in opting for fixed cost pricing model over other pricing models.
  • Result-oriented project management: Unlike other pricing models, fixed cost pricing model is result-oriented, and takes project timeline as an ultimatum. The major objective of fixed cost pricing model is getting favorable results, rather than scrutinize methods of the performance. As a result, it is widely used for government projects, because it provides more conviction over the final result.
  • No question of cost escalation: During inflation, medical transcription companies face the risk of cost aversion, which is completely negated with the implementation of fixed cost pricing model. Hence, there is no question of cost escalation in fixed cost pricing model.
  • Ideal for small projects: Fixed cost pricing model is ideal for small projects or projects with pre-determined requirements, where the output needs to be delivered within constrained budget.

Fixed cost pricing model produces a win-win situation for the medical transcription company and medical practitioners. Mediscribes is a renowned medical transcription company that uses fixed cost pricing model for delivering transcription services to the clients. To learn more about our Services, click here.

About Mediscribes

Mediscribes, Inc. is one of the fastest growing Medical Transcription & document management systems providers in United States, based in Metro Louisville. Mediscribes is an ISO 9000-2001 certified company, rendering cost-effective consolidated transcription solutions to major hospitals, clinics, and other healthcare facilities in United States. Mediscribes is the most value-providing organization in the market today with a strong presence in America and offshore locations. The firm specializes in providing highly accurate transcription adhering to ADHI guidelines in unbeatable turnaround time with robust & proven document management system as its vantage point to its esteemed clientele.

Mediscribes provides end-to-end transcription solutions as its primary offering. For our customers, we focus on dictation systems, both ASP as well as enterprise level solutions, with the help of our most valued asset ezVoiceIntelligence (ezVI), providing specialty-specific qualitative transcription along with a “whole nine yards” document management system. Mediscribes specializes in EMR data integration as well. Our data dispatch department is highly proficient in integrating transcribed reports into any type of EMR. Healthcare facilities that do not have EMR get the option to use our web-based file monitoring interface called eTranscribe for global access to their data. eTranscribe has special features of E-signing, E-faxing, auto-printing, and user-friendly document search criteria.

For additional information, please visit http://www.mediscribes.com

Media Contact (Mediscribes)
Mike Perry
marketing@mediscribes.com

Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.mediscribes.com
http://www.bizscribes.com
Copyright © 2009. Mediscribes.
Mediscribes is a registered trademark. All Rights Reserved.

7 SCINTILLATING BENEFITS OF HIRING IN-HOUSE MEDICAL TRANSCRIPTIONISTS

There are lots of medical transcription companies that opt for outsourcing medical transcriptionists instead of in-house medical transcriptionists. In this article, we look at various benefits derived by an organization, if they opt for in-house medical transcriptionists.

Medical Transcriptionist is one of the most demanding jobs present in the market. With the help of Medical Transcription services, medical practitioners can lessen their burden of electronic documentation for all patient records. But the major question that the medical practitioners face is, whether they wish to outsource these services or hire someone in-house. We are all aware that there are two options available to medical practitioners to take care of the transcription needs. They are:

  • In-house
  • Outsource

Let us now look at some of the benefits of hiring an in-house medical transcriptionist:

  • Availability of staff member throughout the day:One of the advantages of recruiting an in-house medical transcriptionist is that their services can be rendered throughout the day. Their day-to-day tasks includes:
    • Correcting errors
    • Making changes
    • Carrying out new tasks on regular basis

They are also trained to become accustomed with:

  • Medical terminology
  • Lexicons associated with the medical profession
  • Brand names and phrases which help medical transcriptionists to carry out their daily tasks smoothly
  • To maintain secrecy for honoring any confidential agreement: If the organization has signed any confidential agreement due to sensitivity of the information to be derived, it is always recommended to opt for an in-house medical transcriptionist. This makes it easier for the organization to keep the flow of information in check. The in-house medical transcriptionist is directly accountable for honoring the confidential agreement.
  • Flexibility in responding to changing business environment: If there are abrupt changes in the business environment of the organization, hiring in-house medical transcriptionists is the only option. They can adapt to the changing business situation, and can apply their logic in providing necessary services swiftly.
  • Total control of manager: Manager has total control over in-house medical transcriptionists. It is much easier for the managers to manage the transcriptionists effectively, as they are working in the same domain/building of the organization. They can even give regular instructions to the in-house medical transcriptionists about their day-to-day activities.
  • Performance based appraisal: The in-house transcriptionists are full-time employees of the organization. But their appraisal is based totally on performance, hence, they have the additional incentive to raise their bar, and prove their efficiency to grow in the organization. This makes the performance of the in-house transcriptionists formidable.
  • Increased quality and efficiency: If medical transcriptions are outsourced from a third party, the files that the organization receives may not be of superior quality. It is also possible that the transcribed files do not reach on time. Even if the organization gets the files on it, checking them to ensure the quality becomes a headache. Hence, it is always advisable for the organization to recruit in-house medical transcriptionists, who can deliver the quality on timely basis.
  • Preserving sensitive data with the organization: When an organization outsources medical transcriptions to a third party they take a risk of losing sensitive data to the outsourced party. By hiring in-house transcriptionists, the organization can preserve the sensitive data and honor their part of agreement with the client.

Recruiting in-house medical transcriptionists has its own sets of advantages and disadvantages. Being a Global Medical Transcription Companie, we understand the needs of our clients, and can provide customized solutions as per their needs. If you wish to learn more about Mediscribes, click here.

About Mediscribes

Mediscribes, Inc. is one of the fastest growing transcription & document management systems providers in United States, based in Metro Louisville. Mediscribes is an ISO 9000-2001 certified company, rendering cost-effective consolidated transcription solutions to major hospitals, clinics, and other healthcare facilities in United States. Mediscribes is the most value-providing organization in the market today with a strong presence in America and offshore locations. The firm specializes in providing highly accurate transcription adhering to ADHI guidelines in unbeatable turnaround time with robust & proven document management system as its vantage point to its esteemed clientele.

Mediscribes provides end-to-end transcription solutions as its primary offering. For our customers, we focus on dictation systems, both ASP as well as enterprise level solutions, with the help of our most valued asset ezVoiceIntelligence (ezVI), providing specialty-specific qualitative transcription along with a “whole nine yards” document management system. Mediscribes specializes in EMR data integration as well. Our data dispatch department is highly proficient in integrating transcribed reports into any type of EMR. Healthcare facilities that do not have EMR get the option to use our web-based file monitoring interface called eTranscribe for global access to their data. eTranscribe has special features of E-signing, E-faxing, auto-printing, and user-friendly document search criteria.

For additional information, please visit http://www.mediscribes.com

Media Contact (Mediscribes)
Mike Perry
marketing@mediscribes.com

Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.mediscribes.com
http://www.bizscribes.com

Copyright © 2009. Mediscribes.
Mediscribes is a registered trademark. All Rights Reserved.

Mediscribes a participant of Health Story organization stands by Health Story Members.

March 23, 2012 Louisville, Mediscribes, a leading provider of Medical Transcription Services and document management systems all across the globe, as members of Health Story Organization have vowed to stand by each and every Health Story Member.

Health story is an alliance of healthcare associations, providers and vendors through which resources were pooled over a period of 3 years. Rapid development initiatives were taken for producing standards of data for the purpose of flow of information between various types of electronic health records and healthcare documents.

There is an associate charter agreement with Health Level Seven and other related organizations. This is mainly for harmonization. Health Story supports eight technical implementation guides. Recently, the completion of the project took place with ONC and HL7/HE for consolidation of guides into a single package. There was continuity of Care Document Standard. There are many types of important documents that support the implementation. In addition, there should be proper information with the industry as to the availability of standards. There are many benefits of electronic documents. Mediscribes is an active participant and contributor of Health Story Organization

Mediscribes, based in Metro Louisville, USA is an ISO 9000-2010 certified company. Consolidated transcription solutions that are very cost effective are rendered to major clinics, hospitals and healthcare facilities by Mediscribes. This is an organization considered to be the best amongst valued solutions providers in the field of Medical Transcription and allied medical solutions and services. Apart from US, it has a strong presence in offshore transcription management services as well.

End to end transcription solutions are provided by Mediscribes as its primary offering. For the customers, the main focus is on the dictation systems. These include enterprise level solutions as well as ASP. This is done with the help of ezVoiceIntelligence which is considered to be the most valued asset. Qualitative and specialty-specific transcription is provided along with document management system.

The specialization of this firm is in the integration of EMR data as well. The data dispatch team of this firm has a high proficiency in the integration of transcribed reports into EMR. If there are some healthcare facilities that are not having EMR, they will surely get an option of using web based files that have a monitoring interface. This interface is known as eTranscribe. Global access to data can be obtained. Special features of e-Faxing, e-Signing and auto printing are offered as well.

Mediscribes specializes in highly accurate Transcription Service and solutions that adhere to the guidelines of ADHI in unbeatable turnaround times. The document management systems that Mediscribes deals in are proven and robust in the turf of medial allied services. To avail association from Mediscribes for any and every medical transcription service, do get in touch with them.

About Mediscribes

Mediscribes, Inc. is one of the fastest growing Medical Transcription & document management systems providers in United States, based in Metro Louisville. Mediscribes is an ISO 9000-2001 certified company, rendering cost-effective consolidated transcription solutions to major hospitals, clinics, and other healthcare facilities in United States. Mediscribes is the most value-providing organization in the market today with a strong presence in America and offshore locations. The firm specializes in providing highly accurate transcription adhering to ADHI guidelines in unbeatable turnaround time with robust & proven document management system as its vantage point to its esteemed clientele.

Mediscribes provides end-to-end transcription solutions as its primary offering. For our customers, we focus on dictation systems, both ASP as well as enterprise level solutions, with the help of our most valued asset ezVoiceIntelligence (ezVI), providing specialty-specific qualitative transcription along with a “whole nine yards” document management system. Mediscribes specializes in EMR data integration as well. Our data dispatch department is highly proficient in integrating transcribed reports into any type of EMR. Healthcare facilities that do not have EMR get the option to use our web-based file monitoring interface called eTranscribe for global access to their data. eTranscribe has special features of E-signing, E-faxing, auto-printing, and user-friendly document search criteria.

For additional information, please visit http://www.mediscribes.com

Media Contact (Mediscribes)
Mike Perry
marketing@mediscribes.com

Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.mediscribes.com
http://www.bizscribes.com

Copyright © 2009. Mediscribes.
Mediscribes is a registered trademark. All Rights Reserved.

Medical Transcription Companies Making Services Favorable

In today’s world the billing of various purposes is done in the non-traditional ways.

Printing and the soft copy forms are used rather than the old school ways of hand writing it. The same is applied with the medical services over the globe. The Medical Transcription is the way medical billing is providing fast, accurate and cut cost on medical transcription with higher security. The concept and benefits of medical transcription is well known to the medical industry. Major Medical Transcription companies like Med scripts India, Acroseas, Acusis provide the country with their services and have proved to be a blessing to the healthcare industry. According to your medical transcription requirement, these firms can help you in every stage of the transcription process – right from dictation capturing to the document distribution. A firm with long term experience would intend on providing dedicated medical transcription services to their clients, leaving no scope for complaints as the accuracy is the most important factor.

The medical Transcription in India has gained a huge importance over a period of time. Many companies have been rapidly set up to evolve this concept in the medical field. Our medical transcription India facility consists of more than 300 medical transcriptionists and editors. With the increase in demand for more accurate documentation of medical records, there is an increased trend for healthcare facilities to use medical transcription services from reliable firms. All healthcare facilities including hospitals, clinics, long term care facilities, acute care facilities, individual practitioners and group practices can benefit from these medical transcription services.

Good quality medical transcription services are high in demand. Many companies in India provide medical transcription services at a very economical rate using latest web based software technology without compromising the quality of service. They are now increasingly providing fast and accurate services for official medical and professional industries also. Because of their promise of low costs and great convenience, many health care professionals and organizations are outsourcing their medical transcription services to these companies. The Medical services outsourcing is now proving to be a boon to Indian medical industry, in terms of cost-cutting and time saving.

Major benefits You Can Expect from Transcription Companies are:

  • They have very low operating costs
  • Causes increase in productivity and render smooth workflow
  • Have reduced time in turn-around
  • They keep a complete security about the transcription data
  • Saves on the need for an in-house transcription department which saves on the area infrastructure
  • They have very high level of accuracy and also cost-saving up to 60-70%
  • Saves on time and money

Medical Transcription Companies have a number of well trained, experienced and certified experts who handle the transcriptions efficiently. They understand the finer details of transcription and go through each and every project to make sure that there are no errors at all with the entire process. The firms are equipped with the most up-to-date technology and infrastructure. Workforce comprises skilled transcriptionists, editors, proofreaders and quality analysts. Transcription services are provided for various medical reports including cardiology reports, history and physical examination reports, x-ray reports, medical evaluation, patient discharge summaries and many more services.

The understanding between many countries has led to the constant development and acceptance of the medical transcription.

This article was originally posted at http://www.sooperarticles.com/business-articles/outsourcing-articles/medical-transcription-companies-making-services-favorable-868367.html