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June 2019
June 17, 2019

KNOW THE COMPETITIVE PRICE FOR A TRANSCRIPTION

As a physician or a doctor, you would often require an experienced medical transcriptionist to transcribe your voice reports into digital texts. This particular requirement has revolutionized the medical transcription service industry and as a result, it has evolved to be one of the most booming domains of the health care industries! This has also resulted in the rise of various medical transcription service providers all across the globe – Most of these providers offer high-quality transcription services at a low cost but how do you know that the pricing for transcribing your voice reports is indeed competitive pricing?
If you are a health care practitioner who constantly requires medical transcription services, you will often wonder the same and in order to determine the competitive pricing for a transcription report, you must take into consideration the various factors that generally influence the pricing of the transcribed report.

Following are some pointers to keep in mind when you are seeking to outsource your voice recordings for transcription into digitized texts:

Skill level of Medical Transcription Professionals: The very first factor that influences the medical transcription rates is the professional themselves! Medical transcription is a high skill process that requires the medical transcriptionist to first astutely listen to the voice recordings and then assimilate the context of the discussion. If required, the transcriptionist may even perform research on the subject and then accurately transcribe the voice recordings into texts. It is absolutely essential that you are not only getting the best value of medical transcription services but you are also getting the best service for your business! This is a key constituent that must be considered while determining competitive medical transcription rates. Very often, you may be attracted towards the low pricing by various transcription service providers but it is essential to examine and understand the skill level of these professionals so that your transcribed report is not compromised of the expected quality.
Quality Control and Review Checks: Medical transcription service provider can charge in a variety of ways – It could be either by the minute or through a pre-determined per line transcribed rate. Whatever pattern you choose, you as a health care practitioner must ensure that along with a transcription of your voice recordings into digitized texts, you are also receiving your transcribed reports after thorough quality checks! A professional transcription service provider generally does 2 rounds of quality check to ensure that every detail has been documented for and that the document is spell checked as well as free of grammatical errors. If quality control is skipped or not carried out, it is quite possible that the turned out report may be inaccurate and have some errors. Thus, it is absolutely essential to ensure that the service provider you choose performs thorough quality checks!

Speech Minutes: The next factor that greatly influences the medical transcription rates is the minutes of the speech! It is crucial to note that though there this is an average speech rate; the speech minute rate is not always equal. The average speech rate is generally 130 words a minute and may go typically up to 170 words a minute but there are times when this average rate fluctuates’ dramatically. If the voice recording is not clear or the speaker’s accent is heavy or difficult to understand, then the medical transcriptionist may take a longer time to transcribe the voice recordings. Similarly, if a speaker is slow with their speech, there is a possibility that the word count may be significantly low. In such cases, the medical transcription rates can often be significantly different than the general quote.
TAT (Turnaround Time): Medical transcription rates also vary by the expected TAT of the report! If you have chosen a standard turnaround time, then the medical transcription rates will be nominal as opposed to urgent or relaxed delivery.

Speed of the Medical Transcriptionist: Another factor that influences the medical transcription rates is the speed of the medical transcriptionist. Like the speech minutes, speed of the medical transcriptionist has an average value but it may vary depending upon the context of the recording and the expertise of the medical transcriptionist themselves. Typically, a transcriptionist can type up to 100 words a minute but this should not be used solely to calculate the medical transcription rates. The speed of the medical transcriptionist is often intertwined with the skill level of the professional because a professional medical transcriptionist will not simply document the voice recording into the text but they will stop in between the recordings to conduct research, verify any acronyms or medical terminologies. This can lower their speed but the report delivered to you will be of the highest quality! Thus, if any medical transcription service provider or a freelancer promises an unusually high amount of words per minute, then there are chances that they may deliver the report to you at a low cost but the report may not be of the highest quality.
Although the process of calculating the medical transcription rates may vary from provider to provider but in order to receive the best service at competitive pricing, one must pay attention to the underlying factors that determine the medical transcription rates.

READ MORE:- HOW TO CALCULATE MEDICAL TRANSCRIPTION PAY RATES

In addition to the above factors, it is also important that you as a health care provider take into consideration the following details to know the competitive medical transcription rates for your practice:

It is important to analyze the pattern of your health care practice’s workflow and then choose a service provider.
• Though this may seem arduous, It is equally important to also analyze each and every detail of the contract.
• Your service providers’ software’s must be compatible with your practice management’ software’s.
• If you are hesitant about outsourcing right away, you can opt for a short-term contract or a monthly subscription.
The pointers mentioned above will not only help you determine competitive pricing in the industry but they will also help you to analyze and adopt the best transcription service for your practice!

By: Anna williams Category: blog
June 14, 2019

Healthcare Reform The Future of Medical Transcription

Today, health care is one of the fastest growing industries and within the health care industry; one of the domains that has revolutionized and risen to the pinnacle is the medical transcription industry!

Medical transcription has constantly for a decade been one of the most booming domains of the health care industry but with the advent of new technology and President Obama’s health care reforms, the future of medical transcription has been under a lot of debate. If you have been associated with the medical transcription industry (either as a medical transcriptionist or as a health care practitioner), you must have come across innumerable debates and discussions about the future of medical transcription. Has the medical transcription industry reached its dooms stage? Or will it continue to rise as unaffected? have been some of the most frequently asked questions!    

Medical transcription was already a popular niche because every doctor or physician required an experienced and skilled transcriptionist to transcribe their voice recordings into digitized texts. However, the medical transcription industry received more traction when the United States Department of Health and Human Services introduced its health care reforms in 2010. These health care reforms through revolutionary stirred the medical transcription community. So let’s list what were these health care reforms and what did they entail? Well, in 2010, the US Department of Health and Human Services introduced EMR’s (Electronic Medical Records) also known as EHR’s (Electronic Health Records). These Electronic Medical Records were to be implemented in all the health care institutions across the country. This system was not optional to the health care institutions. It was established as a mandatory requirement by the affordable health care for America act! This health care reform by the United States Department of the Health and Human Services along with the voice recognition software wearied many medical transcriptionists. Many health care professionals along with the medical transcriptionist professionals wondered if the new health care reform will pose a threat to their jobs but fortunately, that is not the case!

doctor doing medical transcripton

So, let’s discuss why medical transcription jobs are not threatened by these new health care reforms? Well, it is basically because the job of a medical transcriptionist is like various other technical jobs that require the professionals to be skillful! Medical transcription is a high skill job that values experience.

Initially, the job of a medical transcriptionist was to listen to the voice recordings, analyze the discussion in the recordings and then transcribe them into medical reports. However, today an experienced and skilled medical transcriptionist can not only transcribe but can also edit voice recognition draft reports and proofread these reports. Since the career of a medical transcriptionist is forever evolving, it requires experienced and skillful professionals who are always keen on learning new techniques so that they are current with the industry!

The future of the medical transcription industry was also threatened by the advent of a new technology in the health care industry, voice recognition software’s! When this voice recognition software also known as the speech recognition software was introduced to the health care industry, it was speculated by many professionals that the medical transcription industry will now be on the decline. However; the integration of voice recognition software into the health care did not pose any threat to the medical transcription industry. Instead, it created a demand for a professional and experienced medical transcriptionist to edit and proof read the software generated transcribed document.

These health care reforms and the advent of new technology made everyone realize that no matter the type of technology introduced into the health care systems, there will always be a requirement for an experienced medical transcriptionist to review the documents so that 100% accuracy can be ensured. The new technology can transcribe the documents in a faster and an easier way but it cannot ensure the accuracy of the document. The software generated reports will need to be re-read, edited and proof-read. Thus, the demand for an experienced medical transcriptionist is not extinguished in the industry. That’swhy you can always see the medical transcription companies looking for the experienced and talented medical transcriptionists.

healthcare equipments

In summary, the future of medical transcription industry seems promising! It is important to note that the health care industry will keep on evolving and along with it, its’ professionals should too! If you a medical transcriptionist currently wondering about the scope of the industry and your career, we will advice you that the medical transcription industry is here to stay! And you can stay current by honing your skills and educating yourself with the new technology and various medical niches. 

By: Anna williams Category: blog
June 9, 2019

What are the Key Skills that an Employer seeks in a Medical Transcriptionist?

Medical transcription is the process of converting voice recordings of the doctor or the physician into digitized texts. The Medical transcription process requires the medical transcriptionist to be not only competent in understanding the medical terminologies but they should also be proficient in transcribing the voice recordings within a specified amount of time.

In a nutshell, it’s all about having the speed without compromising on the accuracy of the report – The balance of these two factors is what an employer should seek in a transcriptionist so let’s look into the key skills that can help you, as an employer to distinguish such a medical transcriptionist:  

  • Proficiency in Medical Terminologies: This is one of the most important and the first key skills that an employer seeks in a medical transcriptionist. While it is a fine practice to refer to the medical dictionary, doing so always can waste a lot of time which is why proficiency in medical terminologies is considered to be of prime importance! This skill is most likely skimmed through by an employer when seeking to hire a new recruit. Proficiency in Medical terminologies starts with a basic knowledge of regular medical and surgical procedures, anatomy as well as physiology. It’s also an added advantage if the transcriptionist is skilled in understanding medical terminologies of specialized areas like urology, neurology or cardiology.
  • Grammar Proficiency: In addition to being proficiency in medical terminologies, they should also be extremely proficient in grammar and punctuation. This should be the next key skill that any employer should focus on! The reason is to do so is simple – Medical transcriptionists create reports and documents for doctors and physicians hence, these reports need to be not only accurate technically but they must be free of any punctuation or grammar errors. Also, any incorrect grammar poses the potential to change the meaning of the entire sentence which is why it is absolutely essential that the medical transcriptionist is skillful in applying grammar rules and correcting any incorrect punctuation.
  • Adept Listening Skills: Amajor chunk of medical transcription work is about listening to the physicians’ voice recordings and writing which is why one more key skill that an employer seeks in a medical transcriptionist is that they should have strong listening skills! Medical jargons can often be complex and there might be instances when the voice recordings may include 2 or more speakers or speakers with heavy accents – In such cases, you need a medical transcriptionist that has absolutely adept listening skills. If the transcriptionist can listen better, they can analyze better which helps them to transcribe the reports with utmost accuracy.  Thus, the ability to listen intently is an invaluable skill in the field of medical transcription!
  • Strong Research Skills: Very often, voice recordings of the doctor or physician will include various kinds of medical procedures, details of the doctors and hospitals. Even though a transcriptionist is experienced and is aware of the various medical terminologies, it is not always possible to know each and every terminology which is why they should be open to researching anything that is not coherent to them.  
  • Attention to Detail: This is akeyrequirement for any job but how does it apply to a medical transcriptionist? When it comes to the health care industry, it is absolutely essential that the type of medication and the administration of dosage forms are accurately noted. Any incorrect entry of detail can significantly change the meaning of the transcribed report; hence it is absolutely crucial that the medical transcriptionist is attentive to each and every detail of the transcribed report. 
  • Excellent Typing skills with Speed and Accuracy: The next skill requirement that an employer seeks in their transcriptionist is that they have excellent typing skills. This does not necessarily mean that they are fast in typing. It means that they should not only be fast but they should also be able to type with absolute accuracy! The productivity of the medical transcriptionist increases significantly when speed is intertwined with accuracy. 
  • Multi-tasking Skills: This is one of those skills that may be overlooked but it is a key skill that employers seek when hiring a medical transcriptionist. Very often, the transcriptionist has to type while listening to the transcribed document which in itself requires the ability to multi-task. In addition, the medical transcriptionist needs to be aware of the various approaching deadlines.
  • Computer Savvy: Whether the medical transcriptionist is going to be working from office or remotely, they will be required to use transcription software’s on the computer to type and listen – This is requirement of the daily job however; this is not the only requirement. In addition to typing and writing, the transcriptionist will also need to research for any details that are not clear, spell check and use various other transcription tools to ensure that the yielded report is of the highest quality! For these reasons, it is absolutely essential that the transcriptionist is computer savvy – They need to be efficient in using computer application and they should also be able to navigate themselves on the web.   
  • Analytical Skills: And finally, one of the key skills that an employer seeks in a medical transcriptionist is that they have strong analytical skills! This is essential because there will be few transcription roles that will be more complex than the others and they will require that the transcriptionist poses strong analytical skills to catch any type of inconsistency in the documents. Medical transcriptionists with strong analytic skills are able to transcribe complex voice recordings and yield error free documents.

These were to list some of the few key skills that an employer looks in a medical transcriptionist. It is absolutely essential that the transcriptionist is not only adept with the medical terminologies and the jargons of the industry but they are also able to incorporate this knowledge in an efficient manner to yield high quality error-free reports on a daily basis. Eyered transcription services are one such medical transcription service provider that understands how these skills are key to providing a quality service to their clients. We ensure that our medical transcriptionists are experienced and skilled so that the quality of your medical report isn’t compromised.

By: Anna williams Category: blog