What is Medical Transcription and What are its Benefits?

What is Medical Transcription and What are its Benefits?

by Manish Singh

Doctors, nurses, and other medical professionals have an important job to do, especially in this time of unprecedented health crisis. However, the amount of paperwork that they have to plow through sometimes gets in their way. This includes transcribing their own audio notes into a written manuscript for documentation, insurance claims, patient’s medical charts, and many other applications. This is where medical transcription outsourcing comes in.

What is Medical Transcription?

Medical transcription is a type of service where dictated audio files made by doctors, nurses, and other professional health care providers are typed into medical reports. Using handheld digital recorders is a common practice in the healthcare industry as it is much easier and faster than using pen and paper.

The information stored in audio format is essential for many reasons. Still, they must be converted into written form for preservation, proper documentation, and easy access by other sectors such as health insurance companies. Medical transcription outsourcing offers an excellent solution for all these purposes.

What are the Benefits of Hiring Medical Transcription Services?

Medical transcription is one of the fastest-growing sectors of the healthcare industry, and for good reason. It gives medical professionals access to a range of benefits.

  1. Accurate Documentation

Medical transcriptionists have a good grasp of grammar, document structuring, and medical technologies. Most of them are trained in medical specialties or have an in-depth background. What is more, reputable service providers hire professional editors for increased quality control. This ensures that the transcribed document is accurate and free from grammatical or spelling errors.

  1. Saves Money

Medical transcription outsourcing is a lot more cost-efficient than hiring in-house staff. You can gain access to the needed services without investing too much in payroll, health insurance, taxes, and other relevant costs.

  1. Better than Voice Recognition Solutions

With voice recognition systems, you need to train both the dictator and the software. It may cost less initially, but with an average of 12% error rate, additional steps for quality control have to be taken, creating additional cost implications. Upgrade costs are high, and so is the software training process.

In contrast, medical transcriptionists do not need to be trained by the client. They can give more accurate results that require less quality control or editing efforts. At a 4% error rate, it offers reliable results that are more cost-efficient.

  1. More Efficient

With medical transcription services, you get a fast and reliable option that no voice recognition software could match. It is more accurate and offers much more than just putting words on paper. They can type, review, decipher, edit, or whatever the situation calls for. When you get the transcribed document, there is no need to take additional steps to polish it.

  1. Streamlines Your Work Process

If you outsource your medical transcription needs, you only have one point of contact. All you have to do is hand over the files then get back the transcribed documents after a short time.

Having an in-house transcriptionist complicates your work process. You need to invest time and effort in setting up the system and training the dictator. Regular software updates are also needed.

Aside from the system itself, you need to consider its implications on your administrative operation, from human resources to accounting.

Things would be much simpler if you outsource your medical transcription needs.

Outsourcing medical transcription services allows doctors, nurses, and other health care providers to concentrate on their core function – improving patients’ quality of life.

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