Key Current Trends in Offshore Medical Transcription
Offshore medical transcription has little to do with patient care, but it plays a crucial role in maintain healthcare documents and patients records and accurate medical documentation is necessary for doctors and other primary healthcare providers.
Medical records act as foundation for assessing the current situation of a patient, deciding the appropriate course of treatment and taking follow up measures. Despite several assumptions about how physicians will adopt speak recognition software, it has failed to replace the need of skilled and trained medical transcriptionists. With more than 90% of patient information created using medical transcription, the industry is expected to tremendously rise in the future. As demand for accurate, and easily accessible patient information is critical, medical transcription industry is embracing new infrastructure and technologies.
Many offshore medical transcription companies in developing nations are providing medical transcription services to healthcare units in offshore locations at very economical prices. Like any other business, there is need of infrastructure, call centres, developers etc. Thus, medical transcription companies are investing more on both technology and infrastructure to deliver high quality services.
There has been wide acceptance of internet based technology around the world. Healthcare industry is adopting it to make faster and better to provide varied kind of services to offshore locations. There has been improvement in many technologies that bring great benefits to the medical transcription industry such as
- Easy access to medical transcriptionists all across the globe at the touch of a button
- Flexible gain in operational efficiencies
- Zero investment on equipment purchase as many SaaS-based software are available to use
- Rapid and transparent access to patient data
As the technology is advancing, more and more people have started using internet and cloud based system for exchanging data. It has increased the strong provision for data security. Consequently, the leading offshore medical transcription service providers are focusing on using the high-end encryption technologies, data security mechanisms, and end-to-end secure processes for sharing data and information
There is high rise of outsourcing medical transcription services to offshore companies. As the demand for medical transcription is tremendously increasing, the companies are adopting technologies that prove beneficial in automating the transcription tasks and reduce the time required for transcription while maintain the overall quality and accuracy of the transcription. Voice recognition is technology is one such technology used for converting voice-based records into text-based electronic records automatically. Besides technologies like ADT normalisation and instantaneous document formatting are also widely being adopted by growing medical transcription companies.
Earlier only few countries like India and south Asian countries were leading in medical transcription industry. However, due to technological advancement, a lot of new markets have emerged in South America, Eastern Europe and few other parts of the world. It has led to healthy competition ad improvement in the quality of services being offered by the offshore medical transcription companies.