Undertaking medical transcription in-house means the healthcare facility would have to manage people, records, technology, turnaround time along with other variables associated with medical transcription services. However, outsourcing medical transcription eases things for hospitals and healthcare centres. In fact, healthcare centres of the U.S.A and UK are increasingly availing medical transcription services through offshore locations because it offers the following benefits:

1. Cost-Effective Option

One of the main benefits of outsourcing medical transcription services to offshore location is that services offered at these locations are affordable. Also, there are built-in cost benefits like:

• Low per line rate
• Low direct labour costs
• Low expenses in HR, administrative and training areas
• Low annual maintenance costs for maintaining digital transcription equipment

1. Leverage Industry Expertise and Experience

Clients stand to enjoy advantages from the industrial experience that offshore medical transcription service providers such as Eyered have. These medical transcription providers are backed with years of experience and enjoy working on a wide array of medical records, like:

• Discharge Summary
• Operative Note
• Emergency Room Procedure
• Progress Note, etc

One of the notable benefits of availing offshore medical transcription is that service providers cross leverage their experience and expertise to provide high-quality services.

3. Benefit from Time Zone Differentials of Offshore Places

The different time zone between other nations and India works in favour of the clients. Due to this differential, it is feasible to download, transcribe and transmit back medical records overnight for access by the professionals in other countries, the following working day. Eventually, it lowers the turnaround time in the industry.

4. Get High-Quality Medical Records

Offshore medical transcription service providers comply with international standards and follow stringent quality & assessment procedures. Here, the quality & assessment procedure includes:

• Proofreading
• Editing

• Reviewing of completed records

Medical transcription service providers carefully measure their performance to ensure it adheres to a quality level. This is one of the unique benefits of using offshore medical transcription service.

5. Low Infrastructure Investment

Running an in-house medical transcription means investing in high-end dictation equipment along with state of the art software for transmission, downloading, typing dictation and submitting the information. However, health facilities can benefit from offshore medical transcription services as they don’t need to block their investment in costly medical transcription equipment.

6. Reduce HR Responsibility in Hiring and Administrating

Human Resource departments of healthcare facilities can cut their time and resources which they otherwise would have to spend on hiring, training and maintaining medical transcription record and staff on their paycheque. Medical transcription is needed across all departments along with 24×7 on-call and emergency room services. It also means an intensive staff requirement which comprises of sizeable hiring, payroll processing along with other admin duties. However, all this reduces if the medical transcription service is outsourced.

7. Easy to Manage Staffing Fluctuation, If Any

There can be seasonal fluctuations in the in-house medical transcription team, especially during public holidays. One of the benefits of offshore medical transcription services is that these seasonal fluctuations in staffing don’t impact the workflow and productivity. For instance, in the USA, medical centres are usually understaffed during Christmas and Thanksgiving Day. By outsourcing medical transcription services to India, they can ensure their work goes on without interruptions. Further, the offshore medical transcription services ensure that hospitals remain unaffected by employee attrition level. 

8. Easy Accessibility of Records

Transcribed medical records are usually available on the service provider’s service for over two years. The benefit of offshore medical transcription is that it gives secure and password-protected access to users who can retrieve old medical records at any point. In fact, they can view, print and distribute medical documents to multiple destinations through the internet. Overall, it gives a high level of confidentially at different stages.

In the healthcare industry, every second count. So, instead of juggling with medical transcription work, it is in favour of healthcare centres if they outsource their services. After all, it is always useful to have an expert.

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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.

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