Friday, May 18, 2012

Transcription contracting out: Helps in restricting payroll expenditure

Contracting out could bring down the direct employee costs. When sub-contracting transcription the health facility is basically adding to the workforce of their facility without actually having the teams on their rolls.

The healthcare practice not only conserves on time, money and inputs towards recruitment, training, office space, utilities, salary and other benefits. But also get all the benefits of drawing from a sizable team of transcriptionists, who have been recruited, qualified and made readily obtainable to them any time they want them.

By sub contracting the healthcare facility can also relax about task planning, allocation, management and overseeing. There will neither be loss of output due to restricted patient inflow nor logjams due to higher patient inflow. Their weekend and holiday transcription requirements will also be taken care of.

While these are the advantages that are profited from contracting out, it is critical that time is taken to find the correct medical transcription company to be their associate for online medical transcription demands.

The medical transcription vendor is obligated to be assessed to ensure that the below given benefits are gained:

Correct employees:  The competence of transcription completely counts on the quality of manpower doing the task. Evaluate the contracting out service provider to see if they have the right type of teams working for them. This can be determined by appraising their training techniques. Select a transcription vendor that believes in performing the work through captive transcriptionists and training them to be domain experts in branches of medicine.

Optimum information technology: Transferring audio files, retrieving transcribed transcripts, archival of reports, checking on the status of the audio records uploaded etc., requires that the technology base of the medical transcription company picked, is superior, versatile and simple to operate.

Quality/ caliber of work: Quality of finished records is of highest significance while picking the medical transcription company. A service provider that ensures assurance of at least 99% quality should be acceptable.

Right turnaround time: The turnaround time of completed reports are of utmost relevance for offering quality care, receivables management and other uses making certain of a guarantee on the turnaround time for transcripts and versatility for stat transcripts should be ascertained before settling on the transcription vendor.

Security of data: Maintaining confidentiality of patient information is crucial while transmitting records back and forth through electronic media. While contracting out the transcription requirements of a healthcare practice it is important to make sure that the transcription company is HIPAA and HITECH compliant.

Right costing: The key advantage of sub contracting is that of making better the revenues of the healthcare practice. Making sure that the medical transcription vendor offers an equitable rate and utilizes billing methods that is classifiable, confirm-able, assessable, consistent, fair and open will ensure a long-term connection.

Once the online medical transcription company has been evaluated on all these factors, expense advantages that come from having excellent transcription and from having reduced direct employee costs can be enjoyed long term.

TransDyne provides superb online medical transcription at reasonable charges, executed by knowledgeable and qualified transcriptionists with a very quick turnaround time performed through secure HIPAA and HITECH compliant channels, with very high levels of quality and all this with technology that is superior but uncomplicated to use!                 

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

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