The Growing Need for Medical Transcription Outsourcing
Sunday, December 09, 2007
Because every time a medical bill is being made there is the possibility that some insurance company is actually paying the bill. So unless we have perfect documentation of the disease the process of diagnosis medicines etc how can the billing be done? And with so much of growth in the volume of health care clients and hospitals /specialties, either a full time transcription team has to be arranged within the hospital premise or the transcription work has to be outsourced. Work is being sent to offshore locations for purely economic and turnaround time reasons. Thus today we have the fully evolved transcription outsourcing industry.
According the United States department of Labor, the world wide demand for medical transcription is set to reach 20 billion dollars. So if looking out for a career in Medical transcription now is a good time. What are basic requirements to become a good medical transcription professional? It is actually quite simple. One must have,
Why it is that medical transcription outsourcing has become a big business today? Well it is just because one thing leads to other. In the earlier days medical secretaries just had to type out the reports dictated by the doctor after the rush time. Now it is different. For one so much more documentation is required and that too in such less time that a secretary will have time for nothing else. It has become mandatory for hospitals to keep digital records of all the patient details. Why?
Because every time a medical bill is being made there is the possibility that some insurance company is actually paying the bill. So unless we have perfect documentation of the disease the process of diagnosis medicines etc how can the billing be done? And with so much of growth in the volume of health care clients and hospitals /specialties, either a full time transcription team has to be arranged within the hospital premise or the transcription work has to be outsourced. Work is being sent to offshore locations for purely economic and turnaround time reasons. Thus today we have the fully evolved transcription outsourcing industry.
According the United States department of Labor, the world wide demand for medical transcription is set to reach 20 billion dollars. So if looking out for a career in Medical transcription now is a good time. What are basic requirements to become a good medical transcription professional? It is actually quite simple. One must have,
- A good knowledge of basic to advanced medical terminologies.
- Good verbal communication and memory skills.
- Ability to be accurate with numbers
- Skill in office equipment/computer.
- Good listening skills
- Good verbal and written comprehension.
- Ability to maintain records
- Above-average typing skills.
- Good grammar/punctuation skill
- Proficiency in certain or multiple medical specialties
Labels: medical outsourcing, medical transcription company, Medical Transcription Company. Medical transcription Services, MT Outsourcing
posted by Outsource Strategies International @ 11:04 PM
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Medical Transcription and Services
Today medical transcription has almost become a popular term among the health professionals. What is Medical transcription? It is the extensive procedure of transcribing voice-recorded reports done by doctors and healthcare professionals into text format. A medical transcriptionist's job primarily involves converting significant, confidential, and up-to-date data into written text. This text is printed and included in the patients' records, archived and retained as electronic medical records.
Transcriptionists can work either from inside the hospital premises or from any distant location. Electronic storing of medical records is preferred by modern medical institutions because of the huge volume of patient data being accumulated. Also, it makes it very easy to incorporate all details including the medicine, diseases details and other diagnostic information. Maintaining of this type of records is primarily to facilitate the patient's healthcare and also to use it as a general use data bank while still maintaining confidentiality of patient data.
What is the actual MT process comprised of? It generally includes,
- Typing of documents
- Active listening
- Information formatting
- Editing/proofreading
- Checks for compliance with medico-legal policies and procedures
Outsource Strategies International (OSI ) is a US based medical transcription company that offers specialized services in all the medical areas including hematology, surgery, immunology, internal medicine medical review, nephrology, neurology, nursing, neurosurgery, obstetrics, oncology, anesthesiology, anesthesiology, medical coding, toxicology, medical coding, sports medicine, plastic surgery, nuclear medicine, osteopath, ophthalmology, orthopedics, otolaryngology, pathology, pain management, podiatry, psychiatry, pulmonary, physical medicine and rehabilitation, physical therapy, occupational therapy, radiation oncology, radiology, rehab medicine, rheumatology, rheumatology medical coding , urology, vascular, allergy and sleep medicine, oral and infectious diseases, general surgery, family practice, occupational medicine , behavioral medicine, critical care and microbiology.
Labels: insurance documentation, medical billing, Medical Transcription Company. Medical transcription Services
posted by Outsource Strategies International @ 9:29 PM
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Philippine Medical Transcription Industry gets Big US Deal
The Philippines MT Industry bagged $1.4 million/year worth of Medical transcription deal after the Medical Transcription Industry Association of the Philippines, Inc. (MTIAPI) participated in the American Health Information Management Association (AHIMA) exhibition and conference in Philadelphia. AHIMA represents the educated health information management professionals from the health care industry.
There is no hiding the US affinity to the Philippines work ethics. Yes India is still leading the MT offshoring scenario but Philippine is now also supported by Britain as recently it was cited by the National Outsourcing Association (NOA) of the United Kingdom that the Philippines is the Best Offshoring Destination of the year. Philippines have been busy preparing itself to become the global sourcing destination for health information management services and it has paid off.
What are the main attractions with the Philippine MT companies? Well MT service providers like Spheris and Medquist who visited AHIMA say they are mainly attracted by its,
- Low turnaround time only (3 to 6 hours in emergency cases)
- Work quality
- Client data security
If looking out to offshore MT work to the Philippines or India just call Outsource Strategies International (OSI) a medical transcription company and a BPO pioneer based in Oklahoma.
Labels: Medical Transcription Company. Medical transcription Services, Offshore MT services, Philippines Medical transcription
posted by Outsource Strategies International @ 7:36 PM
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