Contribution of medical transcription companies in the Healthcare Industry

In recent times, medical transcription companies have fostered a major transformation in the healthcare industry on a global level. Transcription is the field of medical science which refers to changing the audio files of dictation received from distinguished practitioners into text files. In this article, we are going to show you how the contribution of medical transcription companies facilitated the functioning of the healthcare industry all over the world.

Contribution of medical transcription companies in the Healthcare Industry:

1. Medical Transcription Gives More Accurate data than Software:

Software used in medical transcription can only interpret numeric records, not human-like observations. In the case of the audio files, the software may misinterpret medical terms if not pronounced properly. For instance, if “galactorrhea” interpreted as “galacturia,” “80 units of insulin” is interpreted as “8 units of insulin,” this misinterpretation may cast upon a completely adverse effect on the health of patients. A recent study has revealed that the average accuracy in the services provided by medical transcription companies is 99.6%, whereas that of voice recognition software is about 90% or less. This is evident from the fact that medical transcription services give more accurate data than software.

The increasing use of the services provided bymedical transcription companies ascompared to the software is clear from the following diagram.

2. Transcriptions save Time by Liberating Providers from Data Entry:

The emergence ofmedical transcription companieshas saved the time of the doctors by taking the sole responsibility of medical transcription from health specialists. Previously health specialists had to use software tools like EMR and EHR to conduct the task of data entry. However, the problem of both of these cloud-computing big data processing platforms is that their error rate is 7% or above, for which practitioners need to sit in front of the computer the entire time and use those tools to complete data entry jobs. This increase in ‘screen-time’, was reduced by top medical transcription companies, leading health service providers to use this time for making face-to-face interaction with patients. Therefore, medical transcriptions liberate healthcare service providers from the tiresome task of data entry.

3. Transcriptionists involved in Medical Transcript Understand Medical Jargon:

Proper understanding of medical jargons is one of the most important medical transcriptionist requirements. Transcriptionists are already trained professionals. This is the reason why they have a better understanding of the medical terms and jargons as compared to the voice interpreting software. Voice interpreting software does not have the decision-making abilities like transcriptionists. So in the cases where the audio is not clear, a software will not be able to guess the jargon by itself like a trained professional.

4. Provide access to health record:

Unlike the voice interpreting software, the medical transcription companies keep a track of all qualitative and quantitative data associated with the past as well as present treatment of patients. Moreover, the medical transcription companies comply with theHIPAA compliance of transaction and codes. HIPAA standard and codes set some rules and regulations for the intervention of technology to provide patient-identifiable, health-related records. These standards and codes are followed automatically under the medical transcription process, by the transcriptionists.

5. Eliminates Dependency on Time-Consuming Technologies:

Elimination in the time-consuming processes incurred in the operation of the software is the most important part of the medical transcription process. It is this step of using tools to eliminate dependency on time-consuming technologies like MRI, which increases the importance of medical transcription. Use of MRI and other voice recognition software requires proper maintenance, like the timely update, bug detection and so on. Again, in case of the discovery of any new virus-related diseases, voice recognition software can not understand new medical terms and doctors need to wait for the launch of the updated version of such software. Services provided by Medical transcription companies help doctors and pathologists to save time spent on the maintenance as well as up-gradation of such software.

6. Bring Accuracy to Clinical Records in general:

Either it is a complicated qualitative measure of symptoms or, a disease caused by a newly discovered virus, in all the cases the services provided by Medical transcription companies provide a far more accurate interpretation of data as compared to any technology. In this way, Medical transcription companies are bringing accuracy to clinical records in general.

Medical transcription in Indiahas created a wide range of employment opportunities. This indicates the further increase in the demand for medical transcription services in future. Looking at the current scenario of the healthcare sector worldwide, people and healthcare specialists are often found to search on Google by typing “medical transcription services near me” to get the most accurate tools and services.

To sum up, because of the efficiency in the medical transcription services medical transcription jobs are highly demanded by both the developed and developing countries all over the world. can rightly be said that medical transcription companies will soon overtake the healthcare outsourcing organizations and software apps in the industry. So get your medical records transcripted immediately to reduce time in interacting and getting the best services from your physician.