Medical transcription is the process of converting the data regarding the patient- healthcare professional encounter into usable information. By this definition medical transcription has a lot to do with managing the creation and distribution of information in healthcare facilities. This information is an important contributor to healthcare facilities’ operations. Due to this medical transcription services also contribute to the knowledge management process.
Knowledge management comprises of a range of strategies and practices used in an organization to identify, create, represent, distribute and enable adoption of insights and experiences. Such insights and experiences comprise knowledge, which is contributed by individuals or processes. In the context of healthcare knowledge management is a vital component as healthcare is a constantly evolving service, banking on empirical data and a rich store of knowledge to make the right decision regarding the care of patients.
Outsourced medical transcription services help in improving on the objectives of knowledge management by creating patient medical records that are accurate, timely, secure and cost effective using technology that helps in effective sharing of this information.
What are the objectives of knowledge management and how do medical transcription services help in achieving these objectives?
The objectives of knowledge management are:
- Improved performance: Medical transcription helps improve the performance of healthcare professionals by helping create patient medical records that depict the entire patient story. This is done by transcribing the audio of the patient encounter as dictated by the healthcare professional into accurate records that are available on a timely basis. This helps not only in the care process but also ensures proper receivables management and risk management
- Competitive advantage: Outsourcing medical transcription enables healthcare facilities to curb on cost of transcription substantially, which helps them decrease costs giving them a competitive edge. Apart from this, outsourcing also frees up various resources of the healthcare facility, which can then be used for the core objective of providing quality care.
- Innovation: As healthcare leans heavily on information to be able to deliver, any innovation in the care process also occurs by documenting the care process carefully. Medical transcription services aid in this by ensuring that not only is the information accurate but also easily accessible.
- Sharing of lessons learned: Having detailed patient medical records enables easy sharing among all the healthcare professionals and support staff involved in the care process. Medical transcription services enable this by delivering documents through modes specified by the healthcare professionals and healthcare facilities
- Integration: The process of care needs to be integrated; medical transcription helps in this too by using easy to use technology, which ensures an easy and integrated approach to the healthcare process.
- Continuous improvement: Information is the basis on which the process of healthcare can improve continuously. Medical transcription services have a valuable role to play in this aspect too; by lessening the burden of healthcare facilities and helping healthcare professionals improve on their productivity.
Outsourcing medical transcription to a professional and technologically savvy medical transcription company can help healthcare facilities and healthcare professionals achieve the objectives of knowledge management.
TransDyne, a leader in the outsourced medical transcription industry has used their extensive background in information technology and their experience in serving the needs of the healthcare sector to provide affordable and integrated medical transcription solutions.
TransDyne offers quality medical transcription at reasonable prices, executed by experienced and qualified medical transcriptionists with a very quick turnaround time executed through secure HIPAA and HITECH compliant channels, with very high levels of accuracy and all this with technology that is advanced but easy to use!
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