Medical transcriptions outsourcing is the best and least expensive way to manage your employee budget and make sure that patient records are kept intact, up to date and accurate saving you valuable time, money and ensuring the best possible care for your patients.

The world is changing, gone are the days when a single doctor and nurse took care of everyone in the vicinity and made house calls. In those days a patients records were often kept in the doctors head. Today’s health care facility, be it a small private practice or a bustling metropolitan hospital requires a full team of qualified personal to take care of everything. Qualified personal that is all too often a drain and strain on budgets.

Altruistically a health care provider’s office is a place for people to go and get the help they need to become and remain healthy. The reality however is that a doctor’s office is a business and must be run like one.

With narrowing margins, cost imperatives and limited resources, it is not always easy to take care of every single thing that should be taken care of. The use of an outsourced qualified medical transcriptionist company can save you substantially in both time and money in many ways.

Just to start moving your in-house medical dictations to out of office transcriptionists or a transcription company will save you substantial amounts in the costs of finding qualified personnel, training them to work in your office, paying salaries and benefits for then, and the purchase of the tools and equipment needed to properly do the job. All of that is just the direct cost of in-house you should also include the indirect costs such as wear and tear on equipment, space to work in, taxes and the ever rising costs of new technology and training.

The average costs of in house medical transcriptionists are around 18.5 cents per line, when you add in all of the direct and indirect expenses. The total cost for an outsourced averages around 10 cents per line. The cost is found using the MTIA guidelines of 65 characters per line, which is standard billing practice.

However, over and above the substantial savings your office can gain by outsourcing there are a number of other benefits as well including up to date training, enhance patient safety, improved workflow, coordination of record management, and helps to accelerate payments and reimbursements.

Most outsource transcription services offer extensive training and experience in the very latest technologies in the field of medical transcription. They are professionals who understand that keeping up with the newest and the best is necessary to earning their pay and as such most guarantee a 99% accuracy rate as well.

Because accuracy is the top criteria in transcription, you can rest easy knowing that every nuance of your patients medical records are 100% documented and preserved using several quality control checks. This attention to quality and accuracy safeguards your patient’s safety by creating a viable legible record for your records, insurance reimbursements and payments, and if the need arises legal departments.

Bottom line outsourcing medical transcription services save you time, effort and money while helping to keep your patients records and billing information up to date and accurate in a more timely manner.

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