Tuesday, September 25, 2012

Online transcription contracting out: Helps quicken reimbursements and reduces risk of lawsuit

The medical care undertaking is the outcome of the education, skills, track record, equipments, drugs and formulations, procedures and information from multiple sources. Online transcription exercise plays an important part in the health management undertaking by summarizing the information of the patient- health professional encounter to create patient transcripts.

One solution to make the medical transcription exercise better organized, effective and cost-effective is to outsource the complete patient record making process to a specialized online transcription vendor. This makes certain that patient reports are produced on time, with highest accuracy, within cost-effective rates and with utmost security. Outsourcing healthcare transcription also adds usefulness to the process by easing the life of physicians using the right technology that offers various facilities and plus points with convenience of operation.

Apart from the above-mentioned benefits, subcontracted medical transcription can aid in the below given:

Accelerating up the coding and billing cycle: Healthcare transcription is the initial phase in the receivables management cycle. The details captured in the patient record are the basis for receivables management, which leads to settlement. By maintaining standard delivery time, outsourced healthcare transcription quickens the undertaking of settlement.

Optimize payment potential: Online transcription also assists in optimizing the reimbursement process by ensuring all the details of the patient-healthcare professional meeting are captured totally and correctly. This makes certain that none of the stages in the treatment procedures are missed out making certain that nothing is missed while coding and billing. To ensure that all information are recorded it is also important for the physician to dictate the patient encounter in its entirety. Contracted out medical transcription makes sure this by allowing physicians to retain habitual methods of dictation.

Shield against legal proceedings: Comprehensive patient records work an important element of substantiation in case of litigation. Contracted out medical transcription makes sure this by keeping up both quality and delivery time. Moreover proof also tackles the risk of litigation because of violation of HIPAA/HITECH by failing to safeguard confidential patient information. Contracting out medical transcription helps in preventing this by securing the details at all junctures during the undertaking of medical transcription.

It can be seen outsourcing healthcare transcription has advantages beyond just the apparent. Outsourcing online transcription ensures correctness, turnaround time, expenditure saving and confidentiality of information it also has numerous other benefits that benefit the healthcare facility by accelerating the receivables management cycle and defense against lawsuit.

However while contracting out medical transcription it is critical to assess the healthcare transcription company on multiple considerations.

TransDyne, a leader in the outsourced healthcare transcription industry offers absolute solutions to fit fluctuating needs of different kinds of proof. TransDyne has teams of online transcriptionists who are trained in various specialties, making them domain experts. This ensures that TransDyne can cope with online transcription for any specialty with an accuracy level of above 99%. TransDyne delivers a delivery time of 24 hours with a choice of a turnaround time of 4-12 hours for STAT files.

TransDyne has the technical abilities to amalgamate with the existing systems of substantiation, needing no extra investments. TransDyne provides medical transcription for weekends and holidays, and has manpower and systems in place to cope with differing volumes of online transcription. TransDyne has information technology that offer additional features like archiving, remote printing & faxing among other benefits. TransDyne makes sure of HIPAA compliance of confidential patient details, by securing teams exercises, infrastructure and technology

To avail the benefits of subcontracted online medical transcription services by TransDyne, click here.


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