CATEGORY: Lifestyle
December 17, 2018

Outsourcing Medical Transcription Services will be Beneficial or Not?

Apart from ICD-10, shorter deadlines; the influx of data, stricter regulations, and tighter budgets are all propelling the medical industry through a plethora of changes. All of these changes have left physicians with little or no time on hand to handle medical transcription needs in-house; especially with the hassles involved in finding the right people to handle transcriptions. So while getting transcription done in-house can help you have – direct communication with the in-house staff and involves your decision in their recruitment and training; it also turns out to very time consuming and expensive in more than one way. This is where outsourcing can turn out to be beneficial.

Here are a few reasons why medical transcription outsourcing may turn out to be beneficial.

Reduced capital investment & direct staff costs

Outsourcing means eliminating the need for buying a typing platform or a dictation system. Capital expenditure gets further reduced as you would not require upgrading to newer equipment and software time and again resulting in increased savings. Moreover handling in-house staff means increased training; higher salaries for specialized services; staff attrition rate management; staff costs and so on. Getting transcription services done from a specialized firm results in; eliminating all these direct staff costs and considerable reduction of direct staff costs.

Enhanced Accuracy

Medical transcription outsourcing can mean increased accuracy because most transcription companies being specialists in their field tend to employ several levels of quality control. To maintain their customers they need to be sure that the end result has no typos, misspelled words or incorrect medical terms. If your office is dealing in a specialization like dermatology, neurology or cardiology; then few transcriptionists train their staff to deal in these specific medical specialties. Moreover, some companies will also employ professional editors and clinicians to proofread your documents. To match these quality measures in-house you would need to invest on-going time and effort to streamline your office in this manner.

Improved time management

Either you wish to get home earlier or administer qualitative care on a higher number of patients; outsourcing can play a considerable role in helping you find increased time; to be able to handle these
tasks. Doing transcription yourself; involves sitting for hours in front of the computer; which is most of the time after work to catch up on charting; hence leaving you very little time for anything else. Outsourcing can definitely benefit you with a great avenue for improved time management.

 Faster transcription services

Outsourcing means a firm is solely managing only transcription services and does not need to balance it with other health care tasks; which results in much faster turnaround time as compared to doing it in your office. Transcription firms have dedicated professionals and staff who can take on an increased workload as and when needed; resulting in the work getting done much more faster. If the same increased workload was done in your office it would not only be done slower due to limited staff but also affect or slow-down other important tasks being done by the staff at that point. Overall outsourcing by improving turnaround time; results in shortening of your accounts receivable cycle, and helps your practice in getting paid much more quickly.

Easily access specialized staff at a relatively lower cost

Finally, the best part of outsourcing is that you can access expertise or specialized services at a fraction of the cost you would otherwise incur with getting a full-time employee. While transcription requires a lot of expertise being a highly skilled task; by outsourcing, you can easily get professional services of highly knowledgeable and specialized staff without making much of an effort.

Overall if you are bogged down with a lot of clerical work at your office and need more time for healthcare; then getting an outsourcing service makes sense. The key is to find one which can ensure good quality services; without you having to worry about maintaining the necessary technology or staff, resulting in faster services and more accuracy. As all of these benefits typically come at a cost reduction, it is clear why outsourcing has gained so much popularity over the past few years.

November 29, 2018

What Makes Medical Transcription a Valuable Tool for Dental Medicine?

Before discussing, the importance of medical transcription in dental medicine, let’s first understand its meaning.

Consulting more than one dentist for a teeth issue is not a new thing. However, when you visit a new doctor, you may be asked to go through all the medical tests and X-rays again. But with medical transcription, it is not required anymore. For instance, a periodontics transcription service provider may record every information about your treatment. A detailed patient record can strengthen information between different doctors and specialists and help them arrive at the best possible treatment for you.

When you visit a doctor, the physician will record all details of your current and previous medical ailments, prescribed medicines along with reports and tests into an audio file. A medical transcriptionist listens to this audio file and transcribes this information into a document. This document has become a crucial part of your medical history which can be easily accessed by doctors, nurses and other healthcare professionals as and when the need arises.

Now let’s understand the importance of medical transcription services in a dental field:

  1. Nursing and other support staff can make use of the patient record as a guide on patient care, including warning signs that should be looked into. It also helps in ascertaining the exact dosage administered and necessary testing samples, which may be required by lab technicians.
  2. Systematically created medical records can be used by billing and coding staff to facilitate easy settlement of insurance. Whether it is periodontics transcription or any other transcription services, accurate medical transcription is essential to quicken insurance claim settlement process.
  3. Medical professionals, nurses, hospital administrators and other’s can spend most of their time in helping patients and make other things happen efficiently in the backend. If you are a medical professional who is tired of sitting for long hours in front of a computer screen for a long hour to track report or chart of patients, you can benefit from outsourcing medical transcription. For instance, if you avail periodontics transcription services, you can use audio dictation to record medical notes, reports and other necessary information.
  4. Money and time saving are another big benefit of using medical transcription services. As a nurse or any other healthcare professional, you only need to record voice notes with the help of smartphone app, and you are instantly ready to move to your next work.
  5. At last, maintaining medical records become necessary as per the law in certain cases. These documents can serve a valuable tool in case of legal case. With medical transcription services, it becomes easy to do so.

Medical Transcription: The Outlook

The relevance of medical transcription has increased in the overall healthcare system. It is further expected to rise. Not every patient, their family member and other medical professionals can hear and understand keynotes. In order to open up information and make it accessible, those working in healthcare can benefit from medical transcriptions to make things easy for others, especially for people with disabilities. Further, digitalised medical transcripts can make it easy to share and distribute information to those who require it.

After being transcribed, it is possible to store patient’s records or database in a hospital for quick retrieval anytime.

Get Started Today

Contact Eyered, a leading medical transcription services provider, by phone and email to get more information about our dental transcription services, process along with other related aspects.

Our dental medical transcriptionists are fully vetted to ensure accurate and quick work. Our team is experienced enough to comprehend all of the medical jargons and phases associated with medical transcriptions.

By: sahil Category: Lifestyle, Medical
November 27, 2018

Know all about workers compensation transcription services and benefits of outsourcing

As per law, it is mandatory for employers to have workers compensation insurance to cover their employees against work-related injuries. Acting as the wage replacement, the insurance policy helps in compensating the injured workers or their families. In return, employees or their families don’t file a case against the employer.

If an employee gets injured while working at a company, which has bought the worker’s compensation insurance policy, the claim process should follow a standard procedure for the claim to become valid. Only it can ensure the timely and proper claim settlement from the insurer, without hassles.

The insurer settles the claim on the basis of the doctor’s reports. If claims are questioned by the insurer, the case can go to court. Here, also it is essential to record legal proceedings. Workers compensation transcription is the proper documentation of all these events.

In order to avoid any kind of errors in documentation, lawyers and doctors outsource the task of workers transcription services to a trustworthy transcription provider. Outsourcing workers compensation services help the legal professionals to get their reports transcribed with minimum errors.

Overall, workers compensation transcription services are offered to cover lots of procedures, like an initial record of injury, general correspondence, if any, disability claims, reports, verification reports, casualty reports, follow-up notes.

Benefits of outsourcing workers compensation transcription services:

In-house workers’ compensation legal transcription needs considerable time along with resources. Outsourcing these jobs to a transcript that employs trained transcriptionists will ensure you get the following benefits:

  • With the transcription tasks, professionals can get the transcripts neatly organised and ready for reference whenever needed.
  • By outsourcing transcription services, legal professionals can focus on their strengths and offer better service to their clients
  • Cost effective transcription services from experienced transcription provider can curtail your operating costs
  • When you outsource transcription services, you can enjoy cost savings. You can save costs on infrastructure, office space and other costs which otherwise would have spent on in-house training.
  • Transcriptionists of reputed companies are well-trained and experienced. They are well versed in all types of workers compensation records.
  • Once the transcription is done, all the text reports are thoroughly checked to ensure quality. For this, all good workers compensation transcription providers have a strong quality assurance team. In most of the cases, in order to provide 99% accuracy, their levels of checking are done, which includes editors, proofreaders and legal editors.
  • Most of the transcription service providers offer customised turnaround time which can be 24 hours or less, as per the needs of a client

Are you looking for workers compensation transcription services?

Because workers compensation claims are carried into legal proceedings, it is essential that it should be accurate. However, it can be daunting due to the extensive details and long investigations. Omitting even a minute detail can dramatically alter the result of a claim. Therefore, it is necessary to hire a trusted transcription service provider. At Eyered, you can choose the right worker’s transcription services which would come with complete confidentiality of information and solutions at easy rates. Here are some of the benefits of outsourcing workers compensation transcription services:

  • Efficient and experienced transcriptionists well-versed in medical terminology
  • Rounds of quality check
  • Error-free transcription service
  • Instant voice file uploading facility
  • Secure transfer of file through FTP or another mode
  • Reduction in workload for doctors and layers
  • Reduced turnaround time

Here you can also opt to free trial to ensure the complete value for money. Some of the services covered under workers compensation transcription are:

  • Disability Claims
  • Insurance Reports
  • Follow-up Claims
  • Initial injury or medical reports
  • Witness reports
  • Medical records submission
By: sahil Category: Lifestyle, Medical
November 20, 2016

The Role of Quality Medical Transcription

Medical industry in the United States is booming. It is consists of hospitals, medical centres, private doctor’s offices, therapy centres, the medical insurance industry and other aiding industries. Medical practitioners require better assistance to focus on their core activity of improving the condition of the patients. Apart from skilled nurses and helping staff, medical transcriptionists play a vital role in improving the services offered by medical practitioners.

Medical transcription makes it easy and quick for medical practitioners/ individual physicians to maintain patient’s records and related documents. As professional transcriptionists provide timely and accurate transcriptions to make sure that physician get their vocal dictations accurately transcribed into well-polished, written documents. Quality medical transcription plays a key role in medical practice. Besides, it is also crucial for other medical professionals, and insurance companies that will be reviewing claims.

There are usually three ways to transcribe medical documents: perform transcription in-house, outsource it to a medical transcription service, or use voice-recognition software to digitally translate verbal dictation into the written word.

A medical transcriptionist need to possess varied knowledge bases including medical lexicon, anatomy, physiology, language, grammar, and word-processing programs. Medical needs need to be accurate and hence transcriptionist must possess skills and knowledge to transcribe the required documents. They must also be capable of using modern technologies used for transcription process.

While voice recognition software has been available for over a decade, it makes many errors when complex medical terms and different speech sounds are used. Medical transcriptionists catch vocal errors as well as typing errors created by voice recognition software. Computer are great but they are automated and they need human to operate and control them. When you hire medical transcriptionist, you can rely more on their services and if in any rare case any error occur, you can complain transcriptionist to eliminate the errors.

As a physician, nurse or other kind of healthcare worker, medical transcription can be your great support in making patient’s records. You simply need to record your voice with the smartphone app and submit your dictation via app or desktop portals of your chosen transcription service provider and their trained medical transcription experts will take care of the rest.

Healthcare physicians need accuracy in their reports, but they don’t have time to edit and proof read reports created on computer using voice recognition software. Software cannot replace the need of medical transcriptionist. In the present digital era, medical transcription is an ideal way to convert the patient’s data into the electronic form. This electronic data not only ensures that physicians possess all the details about a patient’s visit to the health center or clinic, but it can be used for carrying out research in the medical field. Thus, medical transcription is growing as an industry and serving healthcare units and medical practitioners all across the globe.

By: sahil Category: Lifestyle, Treatment
June 20, 2016

Significance and Benefits of Hiring a Medical Transcription Company

A medical transcription company has efficient and skilled people and resources to provide superior quality medical transcription services to healthcare industry such as individual physicians, medical practices, hospitals and other medical organizations.

When you hire an in-house transcription team, you need to manage everything on your own including people, resources, HIPAA compliance, technology, administration, turnaround time and other activities, apart from handling core business activities. When you are not specifically into medical transcription, outsourcing transcription services to a medical transcription company is a viable option as it makes things immensely efficient, rapid and convenient. More and more hospitals and healthcare centres in the U.S, Canada and Australia are increasingly outsourcing medical transcription work to offshore locations.

Lower Prices and lowest investment

One of the main advantages of outsourcing medical transcription services to offshore locations is that services are offered at highly competitive rates as compared to the industry standards prevalent in the U.S, UK and other developed countries. Hence, you will get per line rate, direct labour cost, administration cost and annual maintenance costs for maintenance of digital and transcription equipment at much lower prices than in developed countries. Also, running a full-fledged medical transcription require investment in high end dictation equipment as well as state-of-the-art software for transmission, downloading, typing and submitting dictations. When you outsource medical transcription to a medical transcription company, it saves you from blocking unnecessary capital in medical transcription resources.

Superior quality records

Transcription companies have expert transcription staff as well as administration staff to provide comprehensive solutions to the client from the beginning till the end. Also, these companies have substantial experience in working on an array of medical records like operative note, discharge summery, progress note, emergency room procedure etc. With their extensive experience in providing superior records of high accuracy, medical practitioners can rely on the quality of the services offered by them.

Faster turnaround

As there is time zone difference between developed and developing countries, it works in the favour of health care service providers in developed nations like United States, Australia etc. Medical transcriptionist download, transcribe and transmit records overnight for access by health practitioners in the U.S. It assures fastest turnaround time in the industry

Accuracy and security

Hiring a reputed medical transcription company assures that medical transcription is adhere to globally standardized, HIPAA compliant. In order to assures superior quality and accurate transcription services, medical transcription go through stringent multi-level QA procedures including editing, proof reading and reviewing completed records.

Unaffected by high attrition rates

High attrition rate is one of the major attrition of medical transcription services. The medical transcription services sector in the U.S., and anywhere else in the world, are characterized by high attrition rates. One of the benefits of outsourcing medical transcription processes is that hospitals remain unaffected by high employee turnover levels.

A medical transcription company makes it easy, fast, efficient and cheaper for medical practitioners to get transcription completed with high accuracy without any hassle.

More blogs:-  ADVANTAGES & FEATURES OF MEDICAL TRANSCRIPTION

By: sahil Category: Lifestyle, Medical, Treatment