Benefits of Outsourcing Medical Transcription

Undertaking transcription in-house would imply that the healthcare facility has to manage patients, records, HIPAA compliance, technology, turnaround time, maintenance of equipment, and all other variable associated with medical transcription services besides its core business of health care.

Transcription outsourcing makes things immensely simpler easier and hospitals and healthcare centers in the United States are increasingly outsourcing their medical transcription work to reputable and experienced transcription companies.

Some of the key benefits of medical transcription outsourcing include:

1. Reduce Labor & Management Costs

In-house transcription can be a laborious, budget draining process that can leave healthcare management in a serious bind and can result in significant financial constraints. Transcripts play such a vital role in medical documentation that it is necessary to find a working solution that makes the most sense and ensures financial sustainability in the long run for each practice.

However, hiring an experienced, full-time transcription team means paying for a high salary and any additional help that may be necessary.

By taking advantage of outsourcing medical transcription service, you will effectively only pay for the transcripts being produced, and not for any of the extraneous costs that come with an in-house team of transcriptionists.

Additionally, management will be free to concentrate on more important tasks and priorities and leave the transcription work to their preferred medical transcription company.

Human resource departments of hospitals and other healthcare facilities can significantly reduce the time, resources, and effort spent on hiring, training, and maintaining medical transcription staff on their payroll.

Transcription is needed across all departments and functionalities, 24/7 including on-call and emergency room procedures.

Therefore, this demands a fairly intensive staff capacity that entails sizeable hiring, payroll processing, and administrative responsibilities, all of which are dispensed with the medical transcription process is outsourced.

2. Make Information More Accessible

There are many reasons to have your medical documentation transcribed, but perhaps the one on top of the list is the ability for the correct staff members to be able to digitally search for (and find) what they need, at any given time.

Medical transcription takes recorded audio and video files and transforms the voice recordings to searchable, easy-to-index digital text, so that information is always accessible to those who need it.

Transcribed patient reports remain available on your service provider’s secure servers for two years or more. A significant advantage of medical transcription outsourcing is that it allows secure, password-protected users to access and search old medical records with powerful keyword tools.

They can easily view and print or distribute medical documents to multiple locations through the internet, ensuring high levels of patient confidentiality at every stage.

Along with greater searchability of the records at hand, accurate medical transcripts of the patient reports, medical histories, discharge summaries, research interviews, etc., allow more people to easily comprehend, view, and understand – especially those who’re deaf or have hearing difficulties.

Precision Transcription guarantees 98% accuracy within all our transcription work that our skilled transcriptionists produce, making it the best option for medical practitioners specializing in any area.

3. Obtain Accurate, Timely Reports

Hiring a reputable medical transcription service provider that has a team of trained medical transcriptionists is the most important step in saving time and money in your healthcare facility.

Precision Transcription takes advantage of a unique, proprietary multi-step review process of your transcribed content to ensure that the absolute highest quality transcripts are delivered in every task we handle.

Blending speech technology with expert medical transcriptionists who understand your medical jargon, we can provide you with the most accurate transcripts possible. Our experts can generate the most detailed and accurate transcripts, including speaker IDs and timestamps.

By outsourcing transcription services, health care professionals can truly focus on what is most important about their roles – treating patients.

Look for efficient, accurate, affordable, and reliable full service transcription service? Call Precision Transcription today at (518) 892-0640 or fill out our online contact form to get a FREE, NO-OBLIGATION quote.

Additional Resources:

Why Outsourcing

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