Selecting the best medical transcription service provider for your practice will play a very vital role because it will have a substantial impact on the efficiency of your healthcare services. As the healthcare industry is growing, it has started including very advanced and latest technologies. Nowadays, healthcare providers, including the doctors, surgeons, nurses, clinical psychologists, etc have also the pressure to adopt the latest knowledge and technology to provide the best possible treatment to the patients. Apart from the treatment of patients, they also need to maintain the health records of the patients to keep up with the HIPAA – compliance standards. So, hospitals, clinical labs, and physicians require services for medical transcription in the United States to transcribe their recorded material to the HIPPA-compliant format.
The increasing demand for medical transcription services has resulted in the growing number of medical transcription companies. With so many options available there, everyone can get confused while choosing a service provider for the record-keeping process. The most important thing that a client needs from a medical transcription company is quality work. The quality of work consists of many portions like timely billing, physician satisfaction, and patient care, HIPAA Compliance, and joint commission accreditation.

Here are the following tips to follow in choosing the medical transcription for superior medical transcription services:
1) Innovative Technology:
The company should be financially stable enough to provide your facility with the latest technology that is the basic requirement of the market today. Having technical infrastructure for a company is necessary to keep pace with the demands of the customers. As more facilities move towards an Electronic Health Record (EHR) a company that can provide the integration to the EHR along with the tools for physicians and staff to navigate the system to be able to track remotely.

Certified Transcriptionist and specialty experience:
Sometimes you need the documents transcribed might be very different from those of other specialties, so it’s very essential to ensure the company you contract with has experience serving your specialty. It can be done by checking references and asking to see the examples of their past work for your field. If the company provides you with a list of references, they can be the probably only the favorable ones. You can also check whether the company employs certified medical transcriptionists who are well-trained and experienced.
Once you have chosen the medical transcription company to work with, you can start dictating. There are numerous ways to do this and methods might vary based on the service you have selected. Sometimes, physicians dial-in to the company’s database by phone and dictate into the system, where a transcriptionist gets the access the recording and gets to work creating the written record. Most of the times, doctors use an audio recorder and digitally upload the files to the transcription service. You can also send recorded tapes through snail mail, but it might impact the overall turnaround time. Physicians are using the software and employing transcription services more as proofreaders and editors, too.

3) Offshore and Domestic Services:
Another consideration for a medical transcription company is how much transcription it performs domestically and how much it is offshoring. Sometimes duplication results in a cheap rate, but sometimes at the price of accuracy. You should also consider your needs, if the majority of the transcribed documents are for use only, maybe going with an offshore -heavy service is for you. If the documents need to be transcribed must be perfectly accurate. Like communications with other providers and health systems, obviously, you will want the transcription to be done domestically.

4) You should pay for only What you need:
Most of the medical transcription companies pride themselves on flashy features and optional components. While some might be useful for you or your staff, it’s worth considering if someone really needs all the bells and whistles. If all you need is effective, accurate transcription, then only pay for the basic package. As always, inquire about the level of support you can expect from the medical transcription company if something goes wrong.
“Some companies can be very expensive and want to give you all the bells and whistles when you only need the basic package”, First of all, you need to get to know how much it will cost, is it a one-time price or do you pay for the software/hardware and then a monthly or yearly fee.

TIPS FROM EXPERTS:
You Should Spell Everything Correct in the Contractual Terms:
When you are negotiating with any third-party service, it’s very essential to know exactly what you can expect from them for what cost. It means taking the time to sit down and negotiating the contract that you need line by line. It can be an arduous task to make sure every last detail, even you may also use the terms of the contract to hold the organization accountable for its performance. You should always try to build quality metrics into the contract.

You Should Make Sure That The Software interfaces With Your Existing System Smoothly:
The software that we might use, either in our own or in conjunction with a medical transcription service, should be compatible with our Electronic Health Records (EHR). Today when the healthcare industry is increasing rapidly in the digital world, the ability to generate and share records across platforms – both in our office and other provider’s offices – is invaluable. Softwares those are required for the transcription process need to be able to communicate properly with all the electronics aspects of your practice.

Try To Focus On Getting As Short A Term As Possible:
Finally, you should try your best to negotiate the short contract, search for a medical transcription company that can offer a monthly subscription. Some companies try to lock in the longer term contracts, but it’s best to talk them to one year or less. If you see their medical transcription service first, and you are satisfied, then you can obviously extend the contract in the future

Medical Transcription has become very necessary especially for the healthcare sector.  The medical industry is going through a big technological revolution
nowadays.  A scientific realm has been formed named -Healthcare IT –  by bringing Medicine and IT altogether . It has opened the doors of opportunities for both healthcare and non-healthcare professionals.
    A field that is largely explored by the non-professional professionals, medical transcription has yet the benefit from the skills and  the expertise of professional medical transcriptionists. There are following opportunities for medical graduates to initiate their career as a medical transcriptionist.

What is Medical Transcription?
In simple words medical transcription is a process of converting medical dictations ( Digital Voice ) into textual format (generally in word document). The voice files has usually the voice of medical professionals, mostly physicians or their assistants dictating for a physician. The doctor dictates notes on patient encounters and the same is made available in a digital form that a professional medical transcriptionists listens to and types in words. The purpose of medical transcription has primarily two fold. The transcribed document is served as a medical record that a physician needs to make available to the insurance company in order to have hs claim approved.

Flexible Timing and opportunities to work from  Anywhere:
Medical Transcription is a great solution for practicing medical professional who want time allocation a change. Many firms offer you working from home even, helping doctors will earn extra income while continuing on their medical journey. It can be more flexible like you can work from home or from anywhere, at home or in the office, and with scheduled times too. A number of certified and passionate medical transcription graduates work online It doesn’t only gives you much desired flexibility but it also helps you to save on expenses like traveling, park, gas, and more.
Why Doctors Can Become A Medical Transcriptionist:
To begin as a trainee in medical transcription, you must be a graduate.  A degree in any extreme would make you eligible to work in medical transcription sector.  However, your medical graduation degree can add value to your educational qualification and boost your chances of getting hired. Your acquaintance with medical terminology also makes you fitter and more comfortable in this field. you will also be able to comprehend the medical terms and abbreviations used in the recording. Where the other students in medical transcription programs require classes in anatomy, pathology, physiology and medical lexis, physicians on the other hand, doctors would get it convenient to get into such a setting. Almost seems like the job is inviting the medical graduates.

How Much Is A Medical Transcriptionist Paid?
Usually, the medical transcriptionist as a freelancer or a full-time employee is paid on an hourly basis or based on the number of lines and the number of words they transcribe. With the advancement in technology and the rising demand for qualified medical transcriptionists., the profession has got a major facelift. The Bureau of Labour Statistics has predicted that within a few years, the number of medical transcriptionists will rapidly increase into triple figures.
             Nowadays, on an average a medical transcriptionist trainee gets a stipend of about $1000 per month. An experienced medical transcriptionist earns 70,000$ per annum. And like every other business, higher productivity would definitely lead to higher earnings.

Where is a medical Transcriptionist employed?
There are so many healthcare-related industries where medical transcriptionists are needed. According to recent statistics, 25% physicians and 35% hospitals and their clinics, and many more administrative healthcare providers need medical transcriptionists for documentation purposes.
   Many of senior medical transcriptionists work from the comfort of their homes and according to their terms, as freelancers too. By doing so, medical graduates can get more time with their studies, and with their families and also can generate extra income to take care of their financial responsibilities. By doing so, they can also continue their studies smoothly without facing any problem.

CAREER GROWTH:

The medical transcription industry has been expanding. With the industry growing, there will be many more job opportunities in the medical transcription business. The bigger medical transcription company, United States based Eyered Transcription has more than 100 employees at present and planning to expand its strength. After two years of experience, a medical transcriptionist can apply for Certified Medical Transcriptionist (CMT)  and later for a Medical Language Specialist (MLS) certification to bring in higher remuneration. The capable MTs can move on to become supervisors, trainers, editors, and managers of training units.

A number of practising doctors are also working as medical transcriptionists . Sometimes the exact transcription of dictations becomes very complicated and time consuming for the medical transcriptionist, then the physicians need to do this by themselves. So if a medical graduate already knows all the techniques and skills about transcription that will be very beneficial for him too. If the practitioner or a clinic doesn’t have so much workload, then medical transcription can be done by the physician too. So if a physician comes from a transcription industry that will be more convenient for him to establish clinics.

Choose Eyered for Accurate Medical Transcription:
Eyered Transcription is a 20 years old medical transcription company. It has been one of the leading medical service providers to the client across the United States for a long time now. It has been in the healthcare industry for 20 years and its experience has given enough confidence to handle any kind of medical transcription requests. Our team of very passionate and experienced transcriptionists has always been on their toes when it comes to being updated with the latest trends in medical transcription. Our team is expert at adapting to new trends. We train our medical transcriptionist for many years to deliver high-quality, accurate results (approx 99% accuracy rate) within a quick turnaround time, and provide a free trial option so that anyone can judge our transcription services before outsourcing the entire project.
   If you are looking for the medical transcription service provider with accuracy and punctuality, then you have come to the perfect place. Get in touch with us or talk to our representatives. They will be very happy to help you.

Typist, the right hand of any company! Every company needs the help of professionals to take down notes, dictations, and correspondence in a really quick time without making any errors. This may sound an easy task but can turn into a situation of chaos if not done in a tactful manner. Here comes the role of a professional typist, stenographer or a transcriptionist depending upon their field of specialty. A stenographer cannot work as a medical transcriptionist, and a general typist can be involved in many other assistant jobs apart from taking notes.

Typist: A profession that got modified with technological advancement

The Typist, a famous movie of the year 1971, revolved around the love story of two typists and showcased the working style and situation in the time when this profession was quite in demand. With time, this profession has undergone major upheavals but survived the storm to retain its demand till today. From a typing machine to laptop, the medium has changed but typists still type documents, correspondence, and take notes from senior professionals in the company to circulate their memorandum. They are like general transcriptionists who can create documents out of recordings or from written notes. Typists who can type 50 to 90 words per minute on a computer have great career opportunities as word processors and data entry professionals. For creating subtitles and captions out of audios and videos, typists can come in handy. When a specialization is required, typists give way to stenographers and transcriptionists who are experts in specific terminologies of respective fields.

Stenographers for instantaneous transcription services

In courtrooms and academic settings where the transcript is required immediately, stenographers come in the scene. They can either type in shorthand or work on regular computers depending upon the turnaround time provided. In the courtroom, they work as court reporters penning down every word that is uttered during the proceedings. This helps in keeping a record of the proceedings for future reference when more clarity is required. In a traditional setting the stenographers are required to be available in the courtroom to document the event, but with advancement in technology, they also have the option to work from remote places as a CART specialist. These are Communication Access Real-time Translation specialists who make the best use of communication technologies to be virtually present during the courtroom session. The work of court reporters has been simplified with the advent of specialized editing software. To note down and transcribe different types of oral proceedings, stenographers need to have exceptional comprehension ability that distinguishes them from others.

Medical transcriptionists for creating accurate medical reports

To survive and to succeed in the field of medical transcription, the transcriptionists need to have the required skill set needed to create different types of medical reports with high accuracy and efficiency. Medical transcriptionist companies look for professionals who have the knowledge of vast medical terminologies that doctors use during the dictation. Medical transcriptionists adopt different dictation processes depending upon the requirement of doctors. They can either take down dictation in person or make the use of handheld digital voice recorders to transcribe them into the text format. The Electronic Medical Records (EMR) system helps professionals in making the use of technology in taking down notes and managing the transcribed documents. Reputed medical transcriptionist companies get works outsourced from different medical professionals and health care companies for creating medical reports in the given turnaround time. With the help of experienced medical transcriptionists, these companies have taken away the burden of such doctors and medical professionals who find it difficult to manage documents with patient’s diagnosis details for future reference.

Along with medical transcriptionists, there are many other specialized transcriptionists in different fields like – academic transcriptionist, legal transcriptionist, financial transcriptionist, etc. These transcriptionists have detailed knowledge of their respective fields, and most of them also have diverse work experience in the specific arena. These transcriptionists work either as in-house employees or as freelancers by making use of technological updates in the field.

It’s the better comprehension ability of typists, stenographers and transcriptionist that make them the need of the time even when technology is ready to overpower their task. To rely completely on technology, which gives little scope for understanding different accents and styles of speakers, is not a wise choice. Any video or audio recording needs to be transcribed to be easily accessible in all forms. These typing and comprehension experts will be in need even in future to transcribe and to manage written documents from various streams and sectors.

Medical transcription services is a challenging, but fulfilling, career path. Medical transcribers can choose between working full-time, part-time, and even from home. Your duties would include listening to records dictated by medical professionals, editing and proofreading texts, and maintaining these medical documents for future use.
Medical transcribers enjoy comfortable pay, job satisfaction, and sometimes, flexible work timings.
Let’s take a look at some of the common myths about medical transcribers.
Qualification:-
Fast Typing Skills:
If you have warp-speed typing skills, it’s going to make your job a lot easier, no doubt. But that’s not the only skill that is asked of this profession.
You’ll need to have an interest in the medical field, oodles of patience and motivation, and the ability to work within tight deadlines.
If you want your résumé to stand out from the masses, the most basic thing you could do is get a certification from a reputed institution. The course will provide you with training in anatomy, physiology, medical terminology, and transcription skills like the different types of reports and how to format them. The study of medical subjects helps you get a clearer idea of what patients are trying to convey. This lets you use accurate terminology in the reports.
Modern Technology Is Phasing Out the Profession:
Evolving technology has helped replace conventional devices with faster and more efficient versions. Computers have replaced typewriters, which not only makes editing possible but also enables the easy storage of files that can then be transferred by email.
Medical institutions are taking to SRT—Speech Recognition Technology—in order to enhance efficiency and cut costs. But SRTs come with their cons. They require constant supervision and oversight, since the results are, at times, unreliable. They’ve certainly made the process of transcribing easier, but are certainly not a replacement.
The same applies to EHRs—Electronic Health Records. While digitizing files, reports, and other medical details is convenient and enhances efficiency, medical transcribers are still necessary.
Medical Transcription Is A Piece Of Cake:
People wrongly believe that transcription is an easy task. How hard can it be to listen to someone and write down what they’re saying? The answer—very!
A pre-recorded message offers a number of challenges to transcribers. For one thing, there is almost always disturbance in the recordings—whether it’s normal hospital chatter or the chaos of an emergency room at full capacity. The speaker could even be chewing gum, eating, or even sipping on a drink while dictating symptoms, which compromises clarity. The speaker could also have an unfamiliar accent that’s hard to decipher.
Besides, not everyone is familiar with medical terminology. Transcribers are faced with the challenge of accurately pinning down and using these terms.
It’s A Woman’s Job:
Since the job is mostly worked part-time or from home, some women—especially mothers—find that it’s a good fit. The job offers flexibility, which makes it a popular choice among women who want to focus on other aspects of their lives on the side.
This leads people to conclude that transcription is ‘a woman’s job’. But, of course, the job is as challenging for men as it is for women.
Requirement Of Special Software For Freelance:
You might’ve come across advertisements for special software required for medical transcription. More often than not, they’re mere scams.
If you’re an aspiring medical transcriber, you should know that while specific software is usually required, it will be provided by your employer.
Medical transcribers definitely don’t have it easy, but this makes for a fulfilling career. In today’s world, this role is indispensable to the healthcare industry. If you have an inclination towards pursuing transcription and helping physicians be more effective at what they do, don’t let misinformed opinions keep you from pursuing a career in this field.

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