Medical transcription outsourcing: Strategic advantages

Due to the advent of Internet, services from all over the world have suddenly become more accessible. As the concept of global village advances, it makes sense for all businesses to outsource non-core activities to make the most of their limited resources. Communication facilities have improved, development of processes have reached maturity and there are well-integrated teams in place to provide specialized services at reasonable rates.

When it comes to healthcare, administrators of healthcare facilities have to deal with shrinking budgets, reduced reimbursements and increased demand for quality healthcare services. It makes sense to strategically outsource those functions that are not part of the core business. Medical transcription is one such function that demands a high level of commitment in terms of both time and resources. Outsourcing medical transcription to a professionally managed medical transcription service provider can provide the healthcare facility with numerous advantages:

1. It streamlines medical transcription: By outsourcing the medical transcription needs of the healthcare facility to a professional medical transcription service provider the process gets streamlined. The medical transcription service provider acts as a one-stop shop to provide varied services with different parameters from one source. Co-ordination for quality, turnaround time, security and pricing becomes simpler.
2. Reduces demand for medical transcription staff: It has been seen that getting the right people to work on transcription is important to meet all parameters like accuracy, turnaround time and security. By outsourcing medical transcription the onus of acquiring the right team is passed on to the service provider.
3. Provides access to additional resources in the form of skill sets and technology: By outsourcing medical transcription the healthcare facility can have the advantage of the technology used by the service provider along with the skill sets of the provider’s team.
4. Guarantees reduction in expenses: By outsourcing medical transcription to the right medical transcription service provider, the healthcare facility can expect to benefit from both the skills and the economies of scale of the service provider in terms of drastic reduction in the cost per line of transcription.
5. Special medical transcription needs/problems are attended to immediately: Due to the benefits of having a huge team of skilled medical transcriptionists available to the medical transcription service provider, they would be in a position to accommodate any special needs of the healthcare professionals, whether in terms of formats, or turnaround time or any other parameters required by them.
6. Services improve and become more reliable: Medical transcription is the process of consolidating information regarding the patients’ encounter with the healthcare professional. Timely medical transcription can have a positive impact on the quality of healthcare services by providing timely and accurate information.

To avail the strategic advantages of outsourced medical transcription, the healthcare facility has to undergo a process of identifying their needs and picking out the right service provider.

 

TransDyne offers quality medical transcription at reasonable prices, done by expert medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!

 

For more details about how to use TransDyne’s superior outsourced medical transcription services, click here.

 

Process for choosing the right medical transcription service provider in the next blog.