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Medical Transcription Outsourcing Ensures Cost Saving Benefits

By MTS Transcription Service Subscribe to RSS | April 11th 2012 | Views:
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Transcription is a central activity for healthcare facilities such as clinics, hospitals, individual physician practices, and medical groups. It involves the process of creating, maintaining, delivering and managing patient records for future use. Time-strapped practitioners find it difficult to handle medical transcription tasks and patient care at the same time. Medical transcription outsourcing helps medical facilities simplify their internal processes, save cost, and render better patient care.

How Medical Transcription Services Help Save Cost

• Eliminates need for in-house transcriptionists: The cost of training, hiring and managing employees for transcription in healthcare is very high. This is avoided when the task is outsourced.

• Saves on costly infrastructure: By outsourcing, medical facilities can avoid the expenses involved in setting up an in-house infrastructure necessary for transcription, including technology and hardware.

• Reasonable pricing: A reliable service provider ensures reasonable pricing based on factors such as volume, specialty requirements, quality of dictation, and turnaround time. This ensures their clients value for money. The standard guideline specifies 65 characters per line.

• Timely and error-free documentation: Prompt and accurate documentation is essential if medical facilities want to avoid compliance issues and maintain their cash flow. A medical transcription service provider is well equipped to deliver accurate records for all types of medical specialties within the specified period of time. Their trained transcriptionists work with advanced technology to provide speedy solutions.

• Simplified workflow: Patient demography and treatment records are processed simultaneously by the service provider. A simplified workflow helps the healthcare facility save money.

• Volume discounts: One of the greatest advantages of partnering with an established company is that healthcare providers can avail of huge discounts when work is outsourced in bulk.

Partner with the Right Medical Transcription Company

Partnering with the right service provider can even assure healthcare providers with savings of up to 30 to 40% on transcription cost. Other assured benefits would include:

• HIPAA compliance

• Dictation options such as toll free number or digital recorder

• Browser based or FTP file transfer

• Real-time transcription progress reports

• Stringent QA

• Round the clock technical support

A reliable company also provides accurate transcription in customized turnaround time to suit the specific needs of different healthcare specialties. The best way to evaluate service is to go in for a test drive to see if medical transcription outsourcing does indeed provide your facility with considerable cost saving benefits.

MTS Transcription Service - About Author:
MTS Transcription Services (MTS) is a US-based medical transcription company, committed to providing HIPAA compliant medical transcription services for healthcare providers.

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