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In the US outsourcing is a popular term and so is globalization. After the popular term BPO (business process outsourcing) it is medical transcription, medical billing and other types of medical outsourcing that are the major outsourcing areas. Outsourcing of non core areas of a business is very beneficial and allows one more time to focus on the more important and core aspects of the business.

Medical outsourcing services offshoring to Asian countries like India has become very convenient for the medical practitioners and professionals. Not only are they free from a lot of hassles but also can save time and money.

What are the assured advantages with medical outsourcing?

  • Reduction in cost
  • No cutting of services to current clients
  • More time for essential work
  • Professional/accurate service
  • Low turnaround time
  • Saving precious time
  • Reliable work on time

Medical transcription is a process to translate into digital text the voce dictated patient histories and medical treatment records they receive from medical firms requiring good listening skills.

Developing countries like India, and then Philippines have the advantage of having a large pool of English speaking graduates who can deliver consistent service with high accuracy levels. Besides medical transcription, some of the other services are billing, claims processing, and coding, as well as remote medical and medical help desk services and amount to two hundred billion dollars a year globally.

Further the advantageous time difference and low wages in these countries make the services very attractive to the average American. Many companies even establish a company branch in the chosen Asian country to get good qualified and inexpensive workers.

A more recent development of medical outsourcing is seen in the area of drug testing where major pharmaceutical companies chose to test their drugs in India because of the availability of enough educated doctors and patient volunteers.

Outsource Strategies International (OSI) is a US based medical transcription outsourcing service provider offering cost effective services in medical transcription, medical billing and medical coding.