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Weighing the Pros and Cons of Medical Transcription Services

Weighing the Pros and Cons of Medical Transcription Services

By: admin

14 Apr 2017

As the healthcare industry continues to grow and change, staying compliant with current government regulations is essential to the continued success of private practices and large-scale healthcare providers alike. Advances in technology over the last 30 years have pushed the medical field further and faster than ever before, but one thing remains the same: quality and dependability of care for patients everywhere.

That’s why choosing a reliable medical transcription service is a crucial aspect of modern healthcare. Having a partner that can quickly transcribe a physician’s verbal dictations with the upmost accuracy is a godsend to providers, insurers, and patients alike. As you conduct research into different transcription solutions and weigh their qualifications, consider these pros and cons:

In-House vs. Outsourcing
It’s difficult to argue the benefits of having an in-house transcriber on the payroll, except for just that. Unless you’re a large-scale institution with dozens of physicians in your employ, it’s hard to justify the cost of hiring a full-time transcriber. As your practice grows and expands, partnering with a professional transcription firm is the cost-effective no-brainer fix for your transcription woes.

Turnaround Time
Not all transcription services operate the same way. Some offer fixed-rate, fixed-delivery on all transcription projects; others offer industry-specific packages to help expedite delivery of those time-critical documents. Look carefully at each provider’s website and be sure to contact them for more information before you make a commitment.

Contracts vs. A la Carte Service
For higher-end transcription requirements like those focused on the medical or legal fields, some transcription firms offer contract-based agreements for services rendered. Others operate on a project-by-project basis, allowing customers the option to use their services as needed or move to another provider if results are not satisfactory. As with most services in the medical field, it’s best to read the fine print carefully before committing.

Specialized Contractors vs. Generalists
Keeping costs low is important in any industry, but shady and unreliable transcription services often opt for cut-rate contractors regardless of the source material or importance of the contract. Look for a firm that employs specialized transcribers with training or experience in the medical field. If it’s not clear on their site or marketing materials, ask their sales representative about the background and proficiencies of the contractors they plan to put on your account. When accuracy is an absolute necessity, there’s no harm in going the extra mile to vet your potential transcription partner before coming to a decision.

At Transcription Hub, we specialize in serving the medical professionals that help keep us all well. We have expert transcribers available around the clock to ensure your project gets completed and delivered with 100% satisfaction guaranteed. Express service is available with turnaround times as short as 24 hours. Contact us today to learn more about our specialties and how we can help your medical practice stay compliant, secure, and progressive.