Saturday, August 25, 2012

Medical transcription outsourcing: Aids in speeding up payments and curtails threat of litigation

The health management undertaking is the culmination of the education, skills, background, equipments, medicines, procedures and details from multiple sources.

The online transcription exercise takes part in a critical function in the healthcare undertaking by capturing the information of the patient- health professional meeting to transcribe patient reports.

One way to make the medical transcription process more well organized, effective and economical is to contract out the whole patient transcript making undertaking to a specialized medical transcription vendor. This ensures that patient transcripts are created on time, with utmost accuracy, within cost-effective rates and with utmost HIPAA compliance. Contracting out medical transcription also adds value to the process by easing the life of healthcare professionals employing the optimum software and tools that provides numerous provisions and plus points with ease of utilization.

Other than from the above-mentioned plus points, contracted out healthcare transcription can assist in the below given:

Quickening up the coding and billing cycle: Medical transcription is the primary step in the receivables management cycle. The information captured in the patient transcript is the foundation for receivables management, which leads to settlement. By maintaining standard turnaround time, subcontracted healthcare transcription hastens the exercise of settlement.

Optimize reimbursement potential: Healthcare transcription also aids in optimizing the settlement undertaking by ensuring all the data of the patient-healthcare professional meeting is recorded absolutely and accurately. This makes certain that none of the steps in the treatment procedures are missed out making certain that nothing is missed during the receivables management process. To ensure that all details are captured it is also critical for the health professional to dictate the patient encounter in its entirety. Subcontracted online transcription makes certain of this by letting health professionals retain accustomed modes of dictation.

Protection against lawsuit: Detailed patient records act as an important element of evidence in case of lawsuits. Outsourced healthcare transcription makes sure of this by sustaining both quality and turnaround time. Moreover the healthcare facility also faces the danger of lawsuits owing to violation of HIPAA/HITECH by failing to safeguard confidential patient information. Contracting out healthcare transcription assists in preventing this by protecting the information at all junctures during the exercise of healthcare transcription

It can be seen contracting out online transcription has benefits beyond just the noticeable. Sub contracting online transcription makes sure of quality, turnaround time, costs saving and HIPAA compliance of details it also has various other benefits that benefit the health facility by quickening the receivables management cycle and protection against lawsuits.

However while contracting out medical transcription it is important to evaluate the healthcare transcription company on various aspects.

TransDyne, a leader in the contracted out medical transcription industry delivers complete solutions to fit fluctuating demands of varied kinds of evidence. TransDyne has teams of healthcare transcriptionists who are trained in various specialties, making them domain experts. This makes certain that TransDyne can cope with medical transcription for any specialty with a correctness level of above 99%. TransDyne offers a delivery time of 24 hours with an alternative of a delivery time of 4-12 hours for STAT files.

TransDyne has the technical abilities to integrate with the existing systems of proof, entailing no extra investments. TransDyne provides online transcription for weekends and holidays, and has people and systems in place to cope with varying volumes of healthcare transcription. TransDyne has software and tools that offer additional facilities like archiving, remote printing & faxing among other benefits. TransDyne makes sure of the security of confidential patient data, by securing teams, processes, and infrastructure and information technology

To avail the advantages of subcontracted online transcription services by TransDyne, click here.

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