Medical Transcription Outsourcing Offers Hope in the Present Economic Situation

Medical Transcription OutsourcingWith the CDIA (Clinical Documentation Industry Association) having announced last month that it was closing, many would have wondered about the AHDI’s (Association for Healthcare Documentation Integrity’s) stability. Though the AHDI has assured the public of its continuing position as an energetic and workable organization, anything is possible.

More Worries

The CDIA had noted that the reason for their closing was the very strongly unhealthy economic situation that it just could not handle. Then what would be the condition of healthcare practices and individual physicians who are struggling in this financial crisis? Added to those financial worries are these worries:

  • The administration has directed that all Americans should possess electronic health records (EHRs) by 2014
  • The federal government has advised the health industry to change the format of patient files from paper-based to digital

Medical Transcription Outsourcing could be your Miracle

However, all is not lost. Outsourcing can help to save costs and free up more time and energy for not just patient care but also for business furthering and profit generating endeavors. Quality medical transcription services can decrease operating costs by up to 40 percent while also improving patient care and enabling better risk management. Good service providers wouldn’t charge any service fees and would offer a discount for volume projects. In addition to financial gains, other advantages would include:

  • 99 percent accuracy
  • No long-term contracts
  • Flexibility
  • HIPAA compliance
  • HL7 interface
  • EMR interface
  • Service offered for almost all medical records and specialties
  • Favorable turnaround (within 24 hours)
  • Billing per 65 character line
  • Electronic signature facility
  • Enables online editing
  • Document/audio file archives
  • Competitive pricing
  • Friendly customer support