For a long time, nearly all healthcare businesses were using in-house personnel and infrastructure to handle their medical transcription needs. This was quite an expensive proposition for businesses, as it required not only hiring staff and training them, but also paying them salary, benefits and setting up and maintaining the infrastructure.This would explain why data entry services, which also include medical transcription, have become so popular. Today, the trend is to outsource this type of work to a professional company, so that the organization can focus more on its core activities and goals.
If you are in the healthcare industry, you should serious consider outsourcing medical transcription. If you are skeptical, here are some benefits that should convince you.
Today, India is one of the preferred destinations for medical transcription services. This is because the employees working in this industry are well-educated and English is lingua franca in the country. This means that employees working on medical transcription and data research make minimal mistakes with regard to grammar, punctuation, spelling and style. With majority of the workers having been educated in English medium schools and colleges and enjoying Hollywood movies, they do not find it difficult to decipher and understand American accent.
Accuracy is the key to good medical transcription. When this work is outsourced to a reliable and professional organization, you can rest assured knowing that your service provider will have workers who have sufficient healthcare knowledge and ability to transcribe things correctly and accurately. This reduces the time and effort in cross-checking work. However, make sure your service provider has quality control checks in place to ensure consistent high quality and accuracy.
No Hiring or Training Staff
With medical transcription being outsourced, you can breathe easy, as you would not have to hire new employees and add to your payroll expense. Also, there would be no added expense in providing them training and supervising them during working hours. In addition, you would also not have to make technical support and equipment available for the employees which would add to your capital expenditure. In fact, outsourcing medical transcription can go a long way in saving you money, as many ancillary expenses are done away with.
One of the main advantages of outsourcing medical transcription to overseas service providers is the difference in the time zones. The service provider has the advantage of running multiple shifts to ensure your transcription work finishes within a period of 24 hours and when your doctors and healthcare workers come in the following day, the reports and documents are ready for their perusal. Most service providers assure you a quick turnaround time and they stick to it no matter what happens.
A lot of research has been done into the cost effectiveness of outsourcing data research and medical transcription. The research clearly shows that outsourcing is extremely cost effective, as most service providers are located in developing nations, such as India, where cost of living is much lower and hence, service providers are able to pay their employees lower salaries, have lower overheads and lower maintenance costs. As a result, they can offer their clients competitive prices for transcription compared to what the clients would have incurred if they had done the transcription in-house or given it to a local service provider.
All medical transcription service providers know the importance of keeping patients’ data safe and secure. That is why they invest in technologies and facilities that help to keep this important data safe. With proper safeguards in place, you can rest assured knowing that your patients’ confidential information will always be safe from natural and man-made calamities.
Taking all these benefits into consideration, there is no need for you to procrastinate when it comes to outsourcing medical transcription. It will save you valuable time and money and in return you will get high quality transcription that you can access any time of the day or night.