Tag Archive for Outsourcing

The Benefits of a Transcription Service for a Legal Enterprise

March 1, 2012 admin No comments

The various revolutions in technology are aiding different industries to maximize their work and minimize their overhead costs. A Transcription Service is one such offering of the modern technology. Legal firms or practices around the United States are benefiting from outsourcing their work to transcription providers. This helps them to ease off the complicated documentation involved in the various services they offer to their clients.

Let us understand the various advantages the process of transcription offers to those in the legal industry,

Helps to reduce time – Most legal records require meticulous documentation since a single error can affect the course of a judgment. The transcription of legal documents in to legal records helps to save up time on the paper work and allows the legal enterprise to focus on its different cases and other important functions.

Savings on resources and infrastructure – Any legal expert of a legal service has to spend hefty amounts of money on utilities, software, workforce, infrastructure and real estate.

These overhead charges may eat in to the profits of any business. The Transcription Service is useful as it helps to eliminate the need of extensive infrastructure as well as resources to maintain legal documents.

Increases efficiency and productivity – The service of Legal Transcription helps to increase the productivity of an enterprise as it eliminates tedious workload. Outsourcing especially to a different part of the globe is useful as the records are transcribed in the non-working hours and could be delivered next day with ease. This results in updated records and organized work that contributes to increasing the efficiency of an enterprise.

High quality of work – Most transcription services ensure high quality of work with accuracy and timely delivery. Most transcription services involve multiple levels of proof reading in order to ensure accuracy. They may have teams of transcribers, editors, quality controllers and legal experts who thoroughly check the work before it is sent to the client.

Saving money and gaining competitive edge – Most transcription services have reasonable prices that help a legal enterprise to cut down on its costs. In today’s market cutting down to the costs translates to staying competitive in the market.

This article was originally posted at http://business.ezinemark.com/the-benefits-of-a-transcription-service-for-a-legal-enterprise-7d344c0b3868.html

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Why you should opt for Online Medical Transcription

February 27, 2012 admin No comments

Medical sciences are seeing rapid advancements, and with these advancements come the need for comprehensive and accurate medical records that are vital for great quality healthcare. Medical transcriptions main purpose is to ensure accurate documentation of patient care, so that healthcare records can be saved and used for archives, reference, or as legal proof of medical advice.A growing and serious business ‘online medical transcription‘ refers to the outsourcing of medical transcription to differentmedical transcription office.

But first a little background into the entire service, Medical dictation is received in a digital format from the client (hospital or company), which is then transcribed by our qualified Medical Transcriptionists into a computer file. The transcribed computer file, often referred as Medical Transcript is passed on to the primary quality assurance team where qualified employees check the hard copy files for content and accuracy. Reports are then passed on to a second level quality assurance team, where the reports are randomly checked by our staff doctors. Once approved by our final QA teams, the reports are transmitted to the client in the specified format; this entire process is referred to as Medical Transcription Service.

One of the biggest benefits of outsourcing this service is that they are both cost-effective and convenient. Outsourcing companies can save both energy and time as well. Another major benefit of outsourcing medical transcription is that the healthcare organization would save on infrastructure, training and hiring of the right personnel to handle transcription needs. With the ever-burgeoning growth of the healthcare industry and the workload that has increased its dimensions in manifold, the healthcare units can outsource the work at a lesser price by cutting down on 40-60% of their costs.

India has become the most preferred destination for medical transcription outsourcing and it’s no wonder then that Medical Transcription in India has become such a profitable market. In fact according to a latest Nascom survey the Indian Transcription Market makes between 220-240 million each year.

The medical transcription company that gets into a contract with the outsourcing company or companies has a team of transcriptionists who are versatile, talented and competent being trained in all medical specialties. This has added to the benefits as the main outsourcing company can be confident about the final result of the transcripts. These medical transcription companies have to adhere to the HIPAA and HITECH standards of the healthcare industry and conform to the safety and privacy of all medical records. The companies hence ensure that the medical transcription modules are processed and comply with these important standards.

With so many benefits listed above its no wonder that more and more companies offering medical transcription are now being formed. It’s not only companies but a number of graduates are now looking for a career as a transcriptionist. The growth of Online Medical Transcription Outsourcing growth has surprised everybody but this is just the beginning for this industry.

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Medical Transcription: Proven Accelerator of EHR Adoption

September 30, 2009 admin No comments

By ahdi

The recently enacted Health Information Technology for Economic and Clinical Health Act (HITECH Act) of 2009 represents an important first step towards achieving the vision of a nationwide, fully interoperable electronic health record (EHR) system. However, the gap between that vision and current reality remains wide. Many healthcare providers still use paper records. Other providers have tried to implement EHR systems, but unfortunately, many such projects have failed. “Industry experts agree that failure rates of electronic medical record (EMR) implementations range from 50 to 80 percent.” Clearly, the challenges of EHR adoption and implementation remain great.

EHRs promise to lower costs resulting from inefficiency and inappropriate and/or redundant care while improving the coordination of care and exchange of information among healthcare enterprises. However, despite these promises and efforts to date, adoption rates among physicians still remain relatively low, with costs cited as a major deterrent. Other adoption concerns include complex organizational and system work flow issues and the increased documentation burdens on the part of physicians when they are asked to use direct text entry. Several studies have shown that practice productivity can decrease by at least 10 percent for several months following EHR implementation. In some non-oncology studies, the average drop in revenue from that loss of productivity was approximately $7,500 per physician.”

Above article published on

http://www.healthcaretechnologyonline.com/article.mvc/Medical-Transcription-Proven-Accelerator-Of-0002

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Medical Transcription and Voice Recognition

May 13, 2009 admin No comments

Medical transcription (MT) assignments are one of the highly acclaimed outsourced jobs in the healthcare industry and are mainly aimed at enabling US and UK based healthcare providers to have cost-effective solutions in maintaining day-to-day patient records. In the competitive healthcare arena where medical facilities are finding it difficult and expensive to maintain their own in-house transcription facilities, having these jobs outsourced spells huge savings in cost and effort. All major medical transcription service providers are now offering their medical transcription and voice recognition services in a highly customized and time-bound manner.

Voice recognition technology has a key role to play in medical transcription servicesclip image001 Medical Transcription and Voice Recognition

and is one of the major advancements being made in the transcription sector. Voice recognition technology uses computers to recognize doctors’ dictations but current technologies are not capable of providing 100% accuracy in the transcribed documents and hence all documents generated using voice recognition technologies still require manual proofreading to maintain the high accuracy levels required.

Almost all medical transcription facilities are now offering their services in accordance with the HIPAA (Health Insurance Portability and Accountability Act) regulations. These regulations ensure that all online transactions involving patient records are done in a safe and secure manner. The archival facilities provided by transcription firms are highly beneficial to clients as retrieval and transmission of patient records in future will be much easier.

To have accurate documentation of medical reports, most MT facilities have employed highly skilled and trained transcriptionists. The proofreaders and editors working in these medical transcription facilities make sure that all processed records maintain high accuracy levels of up to 99%. Most of these medical transcription facilities take care to update the knowledge base of their employees so that they remain well informed about the latest developments in medical treatments and medicines. This helps them handle their jobs easily and accurately.

The medical transcription facilities also have a number of related services for their clients which include medical coding and medical billing. To provide benefits for the healthcare industry on the whole, most medical transcription providers are now offering their services for a wide range of healthcare clients. Healthcare clients in the US who are heavily dependent on medical transcription and voice recognition services include private practitioners, hospitals, clinics, long term care facilities and acute care centers. Medical transcription firms provide their services for short term as well as long term requirements and hence all categories of medical care providers are ensured smooth functioning and timely completion of assigned jobs.

Above article published on

http://www.articlesbase.com/outsourcing-articles/medical-transcription-and-voice-recognition-577118.html

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Americans’ personal records increasingly digitized and routed through Asia

April 28, 2009 admin No comments

By Paul Watson | Tribune Newspapers

MANILA – It started out as a Thanksgiving Day stomachache, a nagging pain that sharpened until it reverberated from California halfway around the world.

When the ache in her lower abdomen became excruciating, the young woman was rushed to a surgery center, where the doctor diagnosed a ruptured appendix.

The woman needed an operation—fast. But before the surgeon could wheel her into the operating theater, he had to find out whether the patient’s insurance company would pay. That meant paperwork: A report had to be dictated, typed up and submitted to her insurer for approval.

So while the woman waited in agony, her doctor dialed a toll-free number.

The instant he hung up a few minutes later, a digitized recording raced through fiber-optic cables on the Pacific Ocean seabed and into a computer server on the 17th floor of a Manila office tower, where medical school graduate Dinah Barrete was working the graveyard shift.

Headphones plugged in, she tapped a pedal to start the doctor’s voice file and began typing. Her transcription of his report was on its way to him via the Internet in 15 minutes, as quickly as if the work had been done just down the hall, but much less expensive.

In a startling illustration of the life-or-death decisions involving low-paid workers thousands of miles away, Americans’ most personal details move 24 hours a day as U.S. health-care providers outsource billions of lines of transcription work each year to Asia in a bid to cut the cost of medical bureaucracy.

From dictated summaries of checkups to complete recordings of surgeons’ conversations in operating theaters, foreign workers are transforming the digital audio files into the documents that tell Americans’ medical histories.

Most of the work is done for 10 to 15 cents a line in less than 24 hours. Audio files dispatched across the Internet are transcribed and the text is fired back to the U.S. to meet government demands for a shift to electronic medical records.

Before broadband connections made it easy to outsource office work, Americans typed out medical records.

Now thousands of low-paid workers in countries such as India, the Philippines and Pakistan work in offices that never close. Tapping feverishly at keyboards, Asian transcriptionists often strain to understand what American doctors have dictated through phone lines or into digital recorders.

Other typists work under similar pressure to transfer decades-old medical documents into computer files.

Outsourcing isn’t expected to harm job prospects for American transcriptionists because there is so much work to be done, said a report by the U.S. Bureau of Labor Statistics. About 101,000 Americans were employed as medical transcriptionists in 2002, according to the bureau.

Above article published on http://www.chicagotribune.com/news/nationworld/chi-medical-recordsapr21,0,1137569.story?track=rss

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