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Reduce Overhead Costs Through Outsourced Medical Transcription Needs by Total Med





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Reduce Overhead Costs Through Outsourced Medical Transcription Needs by
Article Posted: 04/16/2013
Article Views: 224
Articles Written: 5
Word Count: 508
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Reduce Overhead Costs Through Outsourced Medical Transcription Needs


 
Business,Health
Healthcare professionals can benefit from outsourced medical transcription services instead of hiring full-time workers to do the same job, which will surely impact on the overhead costs and affect the company bottomlines. The practice, which has been going on for some time now, is to offshore the services to where the labour is cheap. Whatever savings the service provider gets will be passed on to the client. In order not to compromise the quality, medical transcription services in Canada usually hire editors to check on the final output that is uploaded digitally to the common server before presenting it to the client.

How much can you save?

When you hire an in-house transcriptionist full-time, you are essentially paying him for the number of hours he or she is not working (for example, when there’s no dictation to transcribe). That’s a terrible waste of talent and salary. Plus, you don’t have to worry about employee turnovers because you are assured of consistent delivery from medical transcription services in Canada regardless of the demand. If you hired only one transcriptionist, for example, and then there’s a deluge of orders, it’s going to be difficult to hire temporary workers at the soonest possible time and still ensure quality of work.

The savings are dependent on a number of factors. First is the minimum wage in your area, the number of hours that a full-time employee logs, the benefits and other incentives mandated by the state, the exchange rate and the cost per line that is asked by medical transcription agencies. But it would be safe to say that you would save at least 40% of your overhead cost if you outsource your documentation needs. The amount of money you save can better be realigned somewhere to improve your service.

Fast turnaround

The beauty about contracting your document needs to medical transcription agencies is the interim nature of your relationship. They are only as good as what they can deliver. If you choose a 24-hour turnaround time, you should expect the transcript to come back to you within the deadline. Consistent failure to deliver on the deadline will justify your decision to find someone else. With the industry already threatened by some external challenges like the electronic medical recording, for example, as well as the stiff competition, you can rest assured that the bargaining power rests on your hands.

Focus on your core competence

The healthcare professional is trained to give utmost care for patients to achieve full recovery during ailments or ensure that patients are in the best possible health when leaving the medical facility. Outsourced medical transcription services will enable them to focus on what they do best and leave the mundane task of transcribing what the physician has dictated to medical transcription agencies.

Total med transcription is one of the best Outsourced medical transcriptions. It provides the best services of medical transcription. For more information please contact us at: - +91-98119-40086 or visit us at www.totalmedtranscription.net .

Related Articles - medical transcription services in Canada, outsourced medical transcription, medical transcription agencies,

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