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.

2) 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 the 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 the textual format (generally in a word document). The voice files have 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 transcriptionist 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 his claim approved.

Flexible Timing and opportunities to Work from  Anywhere:
Medical Transcription is a great solution for practicing medical professional who wants 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 give 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 the 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 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% of physicians and 35% of hospitals and their clinics, and many more administrative healthcare providers need medical transcriptionists for documentation purposes.

Many 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 practicing 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 request. 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.

Medical transcription services work on transcribing medical reports that are dictated by doctors, nurses or any other healthcare professional. Usually, dictations are voice files which are either called in over the telephone or uploaded digitally through the Internet and smartphone applications.

In today’s technology-driven world, there are various electronic devices can be used to record audio files, like toll-free call-in voice servers, digital handheld recorder, iPhone App, etc. The provider dictates chart reviews, operations, office visits, emergency room visits, diagnostic imaging studies and final summary, which is then given to a transcriptionist who further types them.

To keep a check on the patient’s health, doctors, nurses, or other healthcare professionals dictate a note in digital audio format. After that, the medical transcriptionists transcribe dictations into a word document which is sent back to the physician electronically.

Upon receiving, physicians will review them and make changes, if required. After that, it stores it with the patient’s medical record.

Earlier, professionally skilled medical transcriptionists working in the medical records department had to transcribe medical records. However, over the years, there has been a change in the medical transcription. Now instead of having an assortment of handwritten notes for the record, this approach has gone digital. Nowadays more and more healthcare companies are shifting their base to electronic format. It means these patient reports are safely stored in the electronic database. Also, they are available for immediate access and retrieval 24×7.

Medical transcriptionist’s convert dictated audio files into transcribed medical transcription reports.  It’s not only conversion, but they also edit and format reports and safely transmit them back either in a printed or electronic format for the review of a physician. Medical transcriptionists have complete knowledge of medical terminology, and they work in accordance with the global standards.

Though a healthcare unit can do medical transcription in-house as well; there are several benefits of outsourcing it to a competent transcription provider:

1. Pay for services only when you need them

If you need medical transcription services occasionally, it is not a good idea to have an in-house staff to manage these tasks. If you compare the expenses of paying employee salaries with outsourcing medical transcription, you might find out that the latter option is much more cost-effective in the long run.

Alternatively, even if you need medical transcription services on a regular basis, outsourcing services to a reputed medical transcription service provider can still cut down your costs. Keep in mind that a competent medical transcription provider makes fewer text errors. In many cases, these errors can prove costly to your business in the form of expensive litigation.

Then some medical transcription providers will also work with your current employees to streamline the process. These service providers can help you by covering your employees’ vacation or sick time. They are always ready to meet your additional needs if any.

2. Cut down your expenditure on IT

Medical transcription involves advancing software and investment in the best hardware to enable listening and transcribing of calls with minimum errors. However, a healthcare facility doesn’t need to worry about such expenses when they outsource medical transcription.

3. Free from the responsibility for hiring and training employees

With medical transcription services, it becomes the responsibility of the service provider to hire and train medical transcriptionists. It means the HR work that would have been involved in identifying, interviewing and hiring medical transcriptionists is reduced.

Proper medical care is the right of every individual, and suitable medical transcription services can make it happen. Companies like Eyered, offer you medical transcription services for the different branches of healthcare, like cardiology, pathology, dental, etc. Don’t forget to go for a free trial before signing up for any medical transcription service provider.

More Blogs:-  KNOW THE TRAITS OF THE BEST MEDICAL TRANSCRIPTION PROVIDERS