Vuescribe

The business of medical transcription is on the rise and thus healthcare professionals have to decide whether they would like to perform medical transcription on in-house basis or outsource it to an overseas location. In this article we will look at the several benefits of outsourcing medical transcription services to an offshore provider.

Here are 10 benefits of outsourcing medical transcription services

1.Outsourcing is economical:

The main reason behind outsourcing medical transcription services is the cost advantage that is derived from it. Offshore locations offer great opportunities to healthcare professionals in terms of getting their transcription tasks done in an inexpensive manner. A few of the cost benefits of outsourcing transcription services to an off-shore location are:

Reduced per line costs

Reduced direct labor expenses

Reduced expenses in HR and admin areas

Reduced yearly maintenance costs for electronic and transcription gear

2.Outsourcing exploits industry experience:

People working from offshore locations have substantial experience in working on a wide range of records like:

Emergency Room Procedure

Progress Note

Discharge Summary

Operative Note

3. Outsourcing exploits time zone differences:

Enough time difference between offshore transcription locations and major provider countries allows customers to get their work transcribed and transferred to the healthcare professionals overnight. This guarantees quickest turnaround time in the market.

4.Top class quality and accuracy

Medical transcription service providers stick to standardized, HIPAA certified medical transcription procedures and follow strict multi-level QA procedures. Some of the most important QA procedures are- Editing, proofreading and reviewing the completed documents.

Medical transcription providers make sure that work that is done follows strict standards of quality. Additionally, they impose penalties on people that are not able to maintain high quality and quick turnaround times.

5.Reduced HR obligation in employing, training and Management:

Through outsourcing, healthcare services and medical centers can significantly reduce the time, resources and energy that is spent in employing, training and managing transcription employees on their own payroll. Medical transcription is necessary for all the departments of healthcare and outsourcing this task reduces the staff required for payroll handling, hiring and doing administrative jobs.

6. No impact of seasonal variances in staffing

Medical transcription companies are really impacted by seasonal variances. Throughout winter season, consultations are on the rise and during holiday months like Xmas and Thanksgiving day; medical centers are mostly understaffed. Once the medical transcription services are outsourced to overseas places, these seasonal variances in staffing usually do not impact the company.

7.Reduced cost of labor

You do not need to start the entire process of hiring, coaching and paying a group of transcriptionists. Furthermore, transcription is not the only job that needs to be done; filing and archiving are crucial jobs that require a workforce as well. Outsourcing can save you all those paychecks and you do not need to employ managers to manage the quality of work done.

8. Save money on transcription gear

Purchasing, maintaining, using and sometimes upgrading the gear that the in-house group would use can easily consume a big part of their annual budget. If these services are outsourced, it can easily save you a lot of money.

9. Offshore companies have competent transcriptionists:

It is easy to make certain that everybody working on your project from the outsourcing group is competent enough to do so. The bottom line is that, you do not need to worry about training and motivating your employees on consistent basis so that they remain competitive.

10. Better precision and efficiency

Outsourced workers will often help in achieving better precision and effectiveness. The dictation is transcribed shortly after it is recorded. The documents are archived and work reports are given to you frequently. Outsourcing also heightens the efficiency as it can easily keep a check on ebbs and flows of the transcription process.

The quantity of work available is unpredictable but that must not be an issue any longer. Even if you have a lot of dictation to process, the job is going to be completed on schedule. Outsourcing companies are proud of providing fast, precise and inexpensive results. The time and money saved will certainly help your healthcare company to focus on its core tasks.

Conclusion

The advantages of outsourcing medical transcription services are plentiful. If you are persuaded then all you have to do is to look for the best outsourcing company to collaborate with.