Why Consider Outsourcing Medical Transcription Services

Medical transcriptionists has become one of the fastest growing sections of the medical field these past few years. Most medical places require the doctor´s words to be put into writing for patients´ files and other documentation purposes. In today´s technological world, most hospitals require it to be in digital format. It is for this reason that the need has arisen for people to translate doctors´oral reports into digital documents. Employed secretaries usually do this job, but because of the high demand and quantity, it is becoming big as an area for outsourcing.

The transcription can be done a lot more quickly when outsourcing versus in house transcriptioning. This is because the outsourcing medical transcription services devotes all of its time to this one assignment. A secretary is constantly interrupted by phone calls and patients and other duties.

An outsourcing medical transcription service provides adequate services to medical facilities of all types who outsource this kind of activity. Individual home based people can become transcriptionists and you don’t even have to live in close proximity. As long as you have a reliable computer and Internet connection you can do this kind of work. So basically, medical places will send you an audio file and you type it up, making sure each word is clear and spelled correctly. It is critical that it be accurate, as this will serve as the doctor’s documentation. But that is all the job pretty much requires.

Many studies have been done on outsourcing medical transcription services. Research has shown that the U.S. spent $2.3 billion in 2004 for medical transcription outsourcing services. That number is expected to grow to $4.2 billion in 2008. Worldwide, the U.S. Department of Labor has projected the demand for medical transcriptionists to reach $20 billion.

Clearly, the demand is there. If you’ve always dreamed of your own business and are willing to be trained, go to the Internet and do a search on “outsourcing medical transcription service.” You should research several training courses and choose the best one that will suit you and your situation. You will be your own boss helping out doctor´s while making pretty decent money.

Written by Antonio Eastgate. Find the latest information on Outsourcing Medical Transcription Services

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Medical Transcription Software

Medical transcription also known as MT Services, is a process of transcription or converting voice-recorded reports dictated by physicians or healthcare professionals into text format.

It contains up-to –date & confidential information of patient. The term 'transcript', 'report' or 'medical record' describes electronic or physical hard copy of data which is captured from the medical transcription process. This merged and larger patient medical record is commonly known as the patient's medical history.

In the past, these reporting consists of abbreviated and typical handwritten notes & that were added in the patient's file for future reference & treatment but it is very time consuming & typical process that’s why now in these days many health care providers are using the benefits of hand held PCs or personal data assistants (PDAs), and software for dictation.

As a professional transcriptionist must have knowledge of following points:

* Knowledge of basic to advanced medical terminology is essential.
* Strong verbal communication and memory skills.
* Ability to sort, checks, count, and verify numbers with accuracy.
* Demonstrated skill in the use and operation of basic office equipment/computer.
* Ability to follow verbal and written instructions.
* Records maintenance skills or ability.
* Good typing skills.
* Knowledge and experience transcribing of report work
* Knowledge of and proper application of grammar.
* Knowledge of and use of correct punctuation and capitalization rules.

MEDICAL TRANSCRIPTION SOFTWARE:-

This software is used to convert voice-recorded reports dictated by physicians or health care professionals into text format automatically. It is a universal, user-friendly, abbreviation expander program for the Windows operating system. MT software is most powerful & easy to use shortcut typing, even your e-mail and instant message boxes. This program can save 60% of your typing time. There are many types of MT software’s available in the market like Speed Type, Spectra Medi. etc. These software’s are also used for medical billing and coding for healthcare organizations.

Medical Transcription software based on three types of modules:

1) Input Modules

2) Core Modules

3) Output Modules

INPUT MODULES: input modules are designed to improve dictation services for high- and low-volume. These modules are easy-to-implement and easy-to-use.

OUTPUT MODULES: output modules provide a full-set of extended transcription management features.

CORE MODULES: core module used to extend dictation and transcription services. It provides easy flow of data between input & output modules.

FEATURES:

1. A Medical Transcription Software should have capabilities of easy voice capture & Speech re-organization. With this medical transcriptionist can easily get doctor’s dictation with accuracy.

2. It should have ability of medical spell checking & dictionaries so that any coding specialist, who doesn’t have knowledge of medical terminology, can easily do transcriptions accurately & save time.

3. It should have easy document distribution. Medical transcription software provides documents available in a variety of formats and doctors can choose any of them.

4. It should provide variety of audio-video format which facilitates doctors to use different types of technology.

5. It should have feature of editing any interface quickly & accurately. It reduces turn around time.

6. It should be integrated with many healthcare systems & programs. It helps doctors & physicians to access data in readable form easily without wasting time.

7. Medical Transcription Software should have ability to work with medical billing & coding for healthcare organizations.
About the Author: Core Software is an offshore software outsourcing company provides IToutsourcing India and Programmers for hire services.
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Hipaa Medical Transcription Services

Medical transcription is one of the most outsourced jobs in the healthcare industry and is aimed at easing the process of documentation of patient medical records. The process which involves transcribing doctor prescriptions requires highly accurate documentations to be done within limited time. Most of these transcription jobs are now being outsourced by healthcare firms, as they often find it difficult to handle such large numbers of patient records. With most transcription providers now offering HIPAA (Health Insurance Portability and Accountability Act) compliant services, these transcription jobs are now being done in a highly secure and confidential manner.

With these medical transcription jobs outsourced, healthcare facilities enjoy a lot of benefits which include huge savings in keeping employees and equipments. By outsourcing these jobs, healthcare firms can concentrate more on their key services and worry less about their daily requirements in client record and insurance claim processing. Moreover the HIPAA compliance always ensures that all patient records remain safe and to ensure data safety, most providers also have backup services so that disaster recovery functions are much easier.

Most medical transcription facilities which are offering their services utilize cutting edge technologies to have faster processing of client records. These include high speed internet connection and also dedicated servers and dictation equipments. These firms also have the necessary backup staffs to have their jobs done on time. Depending on client needs, these firms provide their services for both short term and long term requirements of clients.

With most medical transcription facilities having highly skilled employees who are also well versed in American English, the need for accurately transcribing medical documents from audio files is efficiently met. To help maintain high accuracy levels which are required for medical documents and insurance claims, all processed jobs are often double checked by in-house proofreaders working in these firms. To help employees further, most of these offshore facilities are imparting high level training programs to their employees so that they stay informed regarding all the latest medical technologies and terminologies in medicine and treatments. Most of these firms also have their English language experts who can help employees understand complicated dictations better.

With the availability of high speed internet and the booming of cost-effective information technology services, almost all healthcare providers are guaranteed quality services in medical transcription jobs. Most HIPAA compliant medical transcription facilities are also offering a number of other related medical services for their healthcare clients which include medical coding and medical billing. Thus with the help of these medical transcription service providers operating 24x7, every need of healthcare facilities for faster client record processing is fulfilled.

Outsource Strategies International (OSI) is a medical transcription company and a medical billing services company providing HIPAA compliant medical transcription services added with other services such as medical billing, medical coding, patient scheduling, authorizations and verifications.
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How Medical Transcription Services Can Improve Cash Flow by Choosing a Factor, Part Two of Three

In my last article, I briefly introduced accounts receivable factoring as a viable financing option for medical transcription services who are just starting up or who are in the midst of a rapid growth period. Rather than waiting weeks or months to be paid, a medical transcription company can receive cash immediately by selling its invoices at a discounted rate to a factor.

I went on to explain the three main categories of factors: general factors, who are large and operate nationally, accepting clients from a multitude of industries; geographic factors, who specialize in funding clients who are proximal to the factor's location; and industry-specific factors, like a medical transcription factoring firm who base their clientele around one specific business niche.

After deciding which kind of factor would be the best fit for your medical transcription funding needs, the next logical question to ask is, "How much does it cost?" Before jumping in blindly and talking numbers, it's a good idea to have a general understanding of how the factor's fees are structured. Allow me to elaborate.

When a factor advances you money on your receivables, they are actually making a legal purchase of your invoices at a discounted rate. This discounted rate can be a one-time flat fee, or it can vary depending on how long the factor owns the invoice, whereby the factor charges a certain percentage corresponding to the number of days that it takes for the invoice to be paid. It's important that you know upfront how the factor determines its fees to make sure that you are getting the best deal for your invoices. And of course, it all boils down to how your own company operates, how long it takes for your customers to pay your invoices and what you feel comfortable paying. In general, discount fees can be affected by a number of things, including the length of the contract to which you are willing to commit, the average monthly purchase volume of your account, the average size of your invoices, the number of account debtors (customers) you do work for and the credit quality of those debtors to name just a few variables.

Among some other things to consider when selecting a medical transcription financing company are advance rates. Advance rates are exactly what they sound like, the amount of money that a factor advances you up front upon purchasing your invoices. Currently, the industry norm is 80 percent. Of course this rate can vary, and oftentimes factors determine their advance rates on a client-by-client basis. There are a number of aspects that could affect your advance rate, and they frequently depend on your customers' payment history. In fact, most factors will ask that you provide a current accounts receivable aging report sometime during the approval process to get an idea of how long it takes for your customers to pay and if they generally pay the invoices in full. Quick payments and payments that are made in full will increase your chances of having a higher advance rate. In addition, some factors will increase the advance rate over time as your business grows and the factoring relationship solidifies.

On the other hand, if your customers routinely short-pay on your invoices or if they take longer to pay, your advance rate most likely won't be as high. One example is signing a contract with a hospital that is net-60, and the hospital is notorious for paying 30 days late. Since it becomes harder to collect on invoices the longer they go unpaid, a factor that knows your clients pay in 90 days will not feel as comfortable advancing you a high amount on your invoices.

Of course there are both positives and negatives for high and low advance rates. For example, a factor advancing 95 percent upfront will probably charge higher discount fees, but you have the benefit of receiving funds for the entire invoice amount. On the other hand, a factor that advances 75 percent will charge lower discount fees, but you won't be able to receive as much money up front.

I would also like to mention that there are numerous other possible fees a factor could add into their fee structure. So before making your decision based on the advance rate and discount fee alone, make sure to look into the factor's extra fees. Some examples of "extra fees" that a factor may charge include application, origination and due diligence fees. These charges are often set in place to cover the costs of running credit and background checks on your customers, compiling and shipping legal documentation and putting a lien in place once you become a client. Other factors will add in administrative fees for postage, long-distance phone calls, or computer time. Then there are fees associated with funding procedures, identifying set prices for a same-day wire to your bank account or an overnight transfer of funds. Most of the remaining costs can be bunched into the category of "penalty fees," in which a factor could charge you more for misdirected payments, aged invoices or an early termination of your contract.

Although advance rates and discount fees tend to be the main concern when business owners are shopping for medical transcription receivables funding, I hope that this article has helped you realize that they are not the only two things to consider. There are a number of other types of fees that may or may not be tacked onto your funding deal, depending on the factor. In addition, like I stated in the previous article, depending on the volume your company is invoicing on a monthly basis and where you are located will all play a crucial role in your overall decision-making process.

I encourage you to read the third and final article in this series to explore the legal documentation involved with a medical transcription factoring deal. You will find that the length of time you are willing to commit to selling your invoices to a factor as well as the type of guaranty you are willing to sign are important aspects to consider when looking for the factor who will best be able to meet your medical transcription invoice financing needs.

Philip Cohen is the founder and president of PRN Funding, LLC, which is an extraordinarily focused niche player in the healthcare staffing invoice financing market place. Through a process known as factoring, PRN Funding provides business owners with the financial resources needed to grow and compete in the industry. Contact Philip Cohen at 866.776.5407 or pcohen@prnfunding.com. Please visit PRN Funding on the web at http://www.prnfunding.com.
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The Future of Medical Transcription and Medical Transcription Jobs

There has been a lot of talk lately about the future of medical transcription. As the trends of off-shoring and voice recognition pick up steam and threaten to displace traditional medical transcription jobs in the US, what is to become of the profession? It is a logical question.

The reality is that medical transcription jobs continue to enjoy high demand in the marketplace. In fact, they are a critical component of the most stable and rapidly growing segment of our economy. Healthcare! As the global economic recession deepens, healthcare may prove to be one of the only resilient segments of the US economy over the next 4 or 5 years.

Every day it seems that there are new announcements of bankruptcies and layoffs affecting tens of thousands of people. When was the last time you heard about mass layoffs in the healthcare industry? You don't and you never will - at least not for the next several decades as the baby boom population blossoms into full retirement and demands an extraordinary volume of healthcare services. The interesting thing to note - and a fact not readily discussed by many in the medical transcription industry is that the average age of active practicing medical transcriptionists is somewhere in the mid 40's. That is the average. This means that a very large portion of the medical transcription population is poised to retire and exit the industry in the next 5 - 10 years.

Guess what? Those medical transcription jobs don't just go away. All of those medical transcriptionists will need to be replaced. What is more, these seasoned medical transcription practitioners are among the most productive asset the medical transcription industry has. They produce an output of medical reports that is sometimes 2 to 4 times the average production for new graduates who are just entering the career field. This means that the medical transcription industry will need not ONE, but possibly two or three new recent medical transcription school graduates to fill EACH of these positions. This spells job opportunity for prospective new students considering entering this fast growing career field.

Unfortunately, it could also spell disaster for the healthcare industry if it doesn't begin to take steps now to attract new talent into the industry. Some of this problem has already begun to materialize and regardless of what your opinion is on offshoring, the offshore production of some of the domestic US medical transcription workload has saved the industry and bought some precious time to find a more permanent solution to their acute personnel deficit. However, it will not continue to mitigate the deficit of trained medical transcriptionists in the US healthcare market indefinitely. Medical transcription jobs will have to be filled as older MT's retire and exit the industry.

Voice recognition has also played a role in mitigating the MT personnel deficit. And while voice recognition technology is finding a place in the medical transcription industry, it's role has been to augment the transcription process by giving the medical transcriptionist a new and more favorable starting point for production. It has in no way delivered the silver bullet replacement for medical transcriptionists that some have been hailing for decades now. What we are now seeing and what we will continue to see as the adoption of the technology accelerates, is that the role of a growing subset of the medical transcriptionist community will be transformed. The work of transcriptionists in the future will increasingly be that of editor; beginning with a document that has been processed through a speech recognition software engine.

But in the end, the anticipated surge of baby boom retirees will simply be too large to ignore. It is a problem that requires a serious and relatively immediate solution. What is more, the aging population consumes an exponentially large portion of available healthcare services and resources. Which means, that as the aging population swells over the next decade, every facet of the healthcare industry will be strained - not the least of which is medical transcription and the production and maintenance of medical records. Medical records jobs will increase in both volume and importance over the next decade. Individuals who are adaptable and capable of stepping into new roles as the healthcare industry continues to morph will benefit substantially by training now for entry into the dynamic medical transcription industry.

About the Author: Christopher L. Dunn holds an MBA from Brigham Young University and resides in Salem, Utah. He has been active in operating and training aspects of the medical transcription industry for the past 17 years.

For more information on a home based career in medical transcription please visit more of the authors websites: Medical-Transcription-School.com
Medical-Transcription-Program.com
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Medical Transcription for Physicians

Medical Transcription is concerned with the transformation of physician dictation recordings, patient records and added medical recordings into text. This can be finished manually or through automation. Still, as automation tools haven't come up to the mark when it comes to quality which is staple to transcribe medical records, we still rely on manual transcription.

Also, health care service is an area that will never go out of reckoning. People will always fall sick irrespective of the times. So, Medical Transcription present ever be required. Medical Transcription is a $25 billion industry. Moreover, there is no remarkable climb in the amount of qualified medical transcriptionists in the US while the responsibility has been exploding by 15% per year. No doubt, we are seeing a rising in the amount of medical transcriptionists in India, that is becoming the preferred destination for outsourced services.

Outsourcing their Medical Transcription needs have become the norm for most outstanding medical practices .The benefit of it being that the practices can get the transcripts for prices as low as 40% of what local services charge. As medical transcription is streamlining itself to become one of the outstanding job options in this country, more and more of transcription activity will proceed to India, considering the low priced choice that is useable. Also, India comes with a large population of educated middle class. This puts in front of recruiter a huge pool of trained manpower. And this manpower is what drives the Indian outsourcing industry.

For more info about medical transcription services, visit http://www.medicaltranscriptionsservice.com
I have been in this field for 8 years.
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Hospitals are Now Looking For Educated Medical Transcriptionists

The speed of medical transcription is a great deal quicker than it ever has been in the past. The path to getting a good job has unquestionably changed over the years. Little local companies have been consumed by big nationwide companies and the whole organization of it has changed.

Medical transcription work is abundant; although, these big nation-wide companies no longer have the time or energy to educate a new transcriptionist from scratch. An increasing amount of companies are requiring transcriptionists who are searching for employment to have indepth experience transcribing complex medical reports in a hospital setting.

Right away it ought to be noticeable that there is a big problem with this. It is the old chicken and egg syndrome. How do you get medical transcription work if you don't have prior experience and how can you get experience without getting a medical transcription job? See the problem? It was exasperating!

Fortunately, it wasn't only challenging for medical transcriptionists trying to enter the business, it also became a huge difficulty for the corporations themselves. They began bidding up the pay of the seasoned transcriptionists as they embarked on bidding wars for the best talent - while ignoring newly graduated students from medical transcription training programs.

Eventually, they became aware of what it would cost them to continue on this way. They chose to take another look at medical transcription training programs as a tactic to increase their production. Employment for recent graduates of these training programs have now become a reality, where for several years those doors had been shut.

Happily, certain (but few) outstanding medical transcription training businesses have opened and are training first-rate transcriptionists. These wonderful programs have caught the eye of the big national companies and they are presently welcoming in graduates of these top-quality medical transcription schools.

NOTE: Use of this article requires links to be intact.

About the Author: Chris Dunn loves writing articles about medical transcription training. See also: About-Medical-Transcription.com.
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Interview Transcription Services | Transcribing Interview Recordings | Focus Group | Legal | Journalist | One to One | Group Discussion | Michigan |

Interview Transcription services is one of the most important paradigms of general transcription that we have been handling. Like general transcription, interview transcription is an extremely broad term that encompasses a wide number of types within it. We have acquired a formidable experience in the transcription of all of these types of interview. That, along with our irresistible pricing makes us the best option for interview transcribing.

Have a look at some of our service features:

1. Prices pegged at a lowly 40% of those of US-based services
2. Various turnaround time packages to choose from
3. Experience in transcribing for projects from clients cutting across scales and domains
4. The confidentiality of your recordings shall be respected
   

Interviews are of varying types, some consisting of just two participants while others having many, almost resembling a discussion. As the number of participants increase, so does the complexity of the interview recordings increase, from the point of view of transcription over this, if the recording quality is not the best possible one then the transcriptioning becomes tougher than ever.

That’s when one needs to trust a transcription company that has handled such interview recordings. Our transcriptionists have extensive experience in transcribing such interview recordings. We have an infrastructure that’s robust and perfectly suited to deliver transcripts of the best quality and within the timeframe agreed upon. The 24/7 support services will help you stay in the loop with your transcription process.

A brief list of the types of interviews we have transcribed for, is as follows:

• one to one interviews
• multiple participant interviews
• group discussions
• police interviews
• legal interviews
• Depositions
• telephone call recordings
• marketing based interviews and research
• focus group interviews
• job interviews
• industry or market surveys
• business meetings
• television interviews
• radio interviews
• journalist's interviews
• press briefings
• interviews or dictations for books and articles
• psychological interviews
• meeting
• corporate transcriptions
• corporate quarterly earnings calls
• university lectures
• dissertations
• road shows
• research
• key note addresses
  

Our clientele

We boast of a clientele that comprises the cream of different domains like media, business, healthcare, education, market research etc. These clients have reposed faith in our services, primarily owing to the consistently high quality of our transcripts coupled with our unbeatable prices and attractive TAT offers. To know more, read our client testimonials.

About Interview Transcription

Interview transcription refers to the process of conversion of interview recordings into text form. Interviews are conducted in every sphere of human activity these days, either as a means of evaluation of person/persons or as a means to disseminate information. These interviews require to be transcribed into text form, as that is the format that they are more usable in.
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All about legal transcription services

Legal transcription is quite similar to medical transcription where audio files get translated and typed out. However, these legal transcription services assume special significance when cases are critically important in legal courts. In such cases, even one word spelt wrongly or a sentence typed differently can have significant consequence on the court proceedings.

What it entails

In every courtroom there will be recordings made of speeches, legal proceedings, conversations between the lawyer and client as well as meetings. All these audio recordings are crucial for every court case. These can be filed for future reference even when the case has been closed as a cold case. In fact, it is these digitized documents that will provide useful reference about the whereabouts of the case and the flow of events, evidence etc. Hence legal transcription services are of special importance as accuracy is of prime importance. In such services usually dictation and typing out is performed from court hearings, client letters as well as depositions etc.

How dictation gets performed?

Dictation is usually performed digitally today as the days of using a stenotype machine are gone. One can perform legal transcription services through dictation devices, recording and PDA dictation or even laptop and computer dictation as well as Internet dictation. Dictation can also be performed via the telephone or even in court meetings and recordings.

Reporting software

Today there are wide number of recording software available that enable easy recording of various proceedings in the court. Through simultaneous recording devices one can record as many as 32 channels. Then there is the option of digitally recording audios as well as the possibility of listening to the audio at real time. These superior and sophisticated devices can make legal transcription services seamless and so much easier.

For More Information: legal transcription services
About the Author: James is an eminent analyst and writer.
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Amarillo, Texas Medical Transcription Services

In today’s business oriented world, transcription services are in great demand, especially in the medical sector. Every medical entity, whether hospitals, clinics, individual physicians or groups, has to maintain the medical records and other health and medical details of patients in a proper and efficient manner. As medical transcription is a time consuming process, many healthcare professionals outsource their medical transcription assignments to other firms who have the required expertise or resources to undertake the transcription work at low rates.

If you are a healthcare professional in Amarillo, Texas looking for quality and accurate medical transcription services, then choose a company which can provide the right service for your practice. Nowadays, a number of medical transcription companies are in the scenario to provide you with cost-effective, reliable, and HIPAA compliant medical transcription services in Amarillo and other places in Texas.

To meet your transcription needs, all these firms maintain a team of highly skilled and talented medical transcription specialists and quality assurance staffs. These medical transcription specialists transcribe the medical records dictated by doctors and others, including history and physical notes, clinic notes, office notes, laboratory reports, pathology reports, consultation notes, discharge summaries, peer reviews, psychiatric evaluations, x-ray reports and many more. In order to check the quality, all the transcribed medical reports are cross checked by proofreaders and medical experts. Most of the firms are fully equipped with the latest technology available.

Almost all medical transcription companies support toll free number, digital recorder, and computer dictation systems for medical detailing. By availing of the medical transcription services from a standard MT firm, you can experience 99% accuracy, security and confidentiality of the medical records and other documents.

Some other benefits that you gain include:

• HIPAA compliant transcription practices
• Three levels of quality control
• Competitive medical transcription rates
• Prompt guaranteed turnaround
• Superior work product

Upon completion of the proofreading and editing process, the transcribed medical records are routed back to the concerned doctor or hospital in the required format. Most of the MT firms offer free trial offer to evaluate their service quality. So before relying on a medical transcription firm in Amarillo, Texas, it is better to take advantage of those free trial offers.

Outsource Strategies International (OSI) is a medical transcription company and a medical billing services company providing HIPAA compliant medical transcription services added with other services such as medical billing, medical coding, patient scheduling, authorizations and verifications.
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Podcast Transcription

Podcasting is unquestionably the next footstep after the massive success of web feeds and web syndication. In web feeds, the customer subscribes to particular web pages for new matter so that he receives the content on his desktop system. Podcasting is extremely analogous to this but for one exception.

The new content is not read from the desktop system but is read from one's iPod or other portable media player device. The website owner publishes the file he wants to keep exposed for subscription via RSS feeds. The users then have spanking new inputs from his news reader software, a classic illustration of 'pull' technology being used.

Podcasting is now being adopted by many people to set up their very own syndicated online chat show or a radio show. But, the foremost intricacy with podcasts is the comparative inefficiency in showing up in search engine results. General purpose search engines like yahoo, Google etc. make use of on page and off page features like keyword analysis and back links to define their page rank. Such methods won't work in podcasts search as audio files cannot be searched for keywords. Sidelining search engine results is foolish as no content on the web is worthy unless there is some reason for it to be noticed.

Podcasting transcription is a good way to be noticed by search engines. The transcription services would get hold of your podcasts either through feeds or through an upload location. They would then transcribe your podcasts for a minimal fee (even lesser if the service is outsourced).The transcribed podcast should be put on your website. Supply your podcast link with this page. The search engine robot will crawl your podcast transcript and will rank this page.

There are many services who do transcription of podcasts. Its known that podcast transcription requires tighter TAT requirements due to the urgency in getting the podcast posted. Hence, go for podcast transcription services as they have experience in handling podcast specific transcription.

For more info click here http://www.transcriptionstar.com
About the Author: Julli is veteran in transcription services. She has been following this industry since 10 years.
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How To Successfully Find And Utilize A Transcription Service

Many companies have the need to hire a transcription service at one time or another. Many legal secretaries are overworked and many times attorneys will look to an independent transcription service to help with overflow. There are times when a company may want a meeting, presentation or conference call transcribed. And, of course, many businesses such as insurance and claims adjusters conduct regular interviews that need to be transcribed.

So how do you find a reliable service to transcribe your audio and what types of things should you be looking for in these services?

Ask business associates for recommendations. This is really the best way to find a service as you have a recommendation from somebody you know and trust.

Google. The Internet is a wonderful invention. The beauty of using an online transcription service is they don’t have to be in your neighborhood. You could be in one city or state and your service could be in another. Google is a good way to find a professional service. The results on the first page or so are going to be the busiest services, so it might pay off to dig down a few pages.

Yellow Pages. Tried and true, the Yellow Pages are always a good place to find a transcription service.

So what are some things to consider when hiring a service?

Are they U.S.-based? Sure, you can get your transcription done offshore and save some money, but if you want an absolutely accurate transcript it is probably best to stay with a native English speaking service who does not outsource offshore.

Do they offer a secure and encrypted file transfer option? This may not be important to you, but if confidentiality and privacy are important to you then your service should offer this.

What is their turnaround time and pricing? Some services charge more for rush service. Others may offer rush service to their regular clients at no extra fee. Keep in mind that cheaper is not always the best deal if you don’t get a quality transcript. At the same time, the most expensive service may not be the best. If a service offers a free trial this is a great way to try out their services risk-free.

Using a transcription service is a cost effective option. You do not pay any employee benefits such as healthcare, retirement or employer taxes. You only pay for work produced, so when times are slow you don’t have the expense of an unproductive employee. Now that’s a win/win situation!
By: Deborah Devitt
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Deborah Devitt is the owner and operator of Pioneer Transcription Service where she has been providing transcription to businesses and individuals since 1990. Her company offers an encrypted file transfer service, a free trial, and no extra charge for rush services to their regular clients. She can be contacted at info@pioneer-transcription-services.com. www.pioneer-transcription-services.com

Basics of Academic Transcription

Academic Transcription is the conversion into written or printed form of a spoken language source like group discussion and lecture. It can also means the conversion of a written source into another medium, such as making digital version of thesis and dissertation. It refers to the transcription of lectures, seminars, discussions held in schools, colleges and Universities and this kind of transcription is used for academic purposes.

All academic institutions such as schools, colleges, Universities and individuals associated with them (teachers, Professors, students) require academic transcription in their related fields. Universities and research institutes record their educational and research materials for further study and analysis.

Audio recording has bought enormous opportunity for today’s learners. Recorded classroom lectures and focus group discussions are invaluable assets to students. Transcribing these recorded lectures can help hearing impaired students as well as those with learning difficulties. Transcription helps to concentrate on study rather than spending time in taking notes.

Academic transcription includes

1. Focus Group Transcription-This can be possible from audio tapes as well as video tapes. In fact, from a video source, it is easy to make out who is speaking what and correctly identify them in the transcript.

2. Seminar Transcription- Mainly there are two types of seminars being held-single speaker and multi-speaker seminars. Recorded audio and video tapes on seminar are transcribed to distribute among fellow colleagues for further analysis.

3. Thesis/Dissertation Transcription-It is the transcription of dissertation/thesis materials given by students into a text form. The submission of a dissertation is a pre-requisite for students pursuing PhD programs. Therefore, dissertation transcription is needed by the Universities to certify the student in a particular subject.

4. Lecture Transcription- An audio is considered lecture or speech, if one or more people address an audience sequentially. There can be multiple speakers such as roundtables or panel discussions. Transcribed lectures are very useful for those who are absent to give their judgements.

Article Author: article is issued in general public interest, and contains
information on transcription services compiled by
GMRTranscription Services.
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Start a Transcription Business

For many people with typing skills who want to work from home, starting a transcription business sounds like an ideal solution. They believe the advertisements that shout quick training and easy work but unfortunately, more often than not, do not take the time to do the research about the transcription field and so, end up paying out hard-earned money for training that is of little value. Some things to consider when looking at a transcription business as a career move include the cost of the initial investment, the training needed, the market for the type of transcription in area and the going rate for such work.

Cost

Depending on the scope and location of your transcription business, you will almost certainly need some or all of the following equipment: voice recording equipment, computer, foot controls, printer, microphones, and telephone recording devices. You will also require standard office equipment, as you are likely to be sitting for long periods of time. If you are doing specialized transcription work such as medical transcription, you'll require dictionaries and reference materials should you need to look up terms and spelling of words used by others.

Training

Although transcription can be done by working from MP3 or other audio files and typing a phrase or sentence at a time, learning to operate more specialized equipment makes the job much easier and faster. A foot pedal for example to start and stop the audio file and headphones for the benefit of others within earshot is helpful. Beyond the physical equipment though, training is often touted in order to learn medical terms. The field of medical transcription has long been a popular one in print.

Market

Transcription is more widespread thanks to the internet. Many of the freelance sites buy and sell transcription services for specific jobs or for long term relationships. Teleconferences are often transcribed in order to become materials for further books, articles and training courses. Testimony or interviews can be transcribed for a matter of a written record. Medical transcriptionists often prepare a written record of doctor's notes, medication reports and other information by the medical community.

Because the materials can be sent via audio files and transmitted to the buyer via internet or email methods, this type of service business lends itself very well to a home-based business.

Revenue

Transcriptionists are typically paid either by the audio hour or by the page. Often, the freelance transcriptionists will bid jobs ranging from $10 per audio hour (in rare instances) to $30 per audio hour or even higher when an understanding of medical or legal terminology is a requirement for the job. Another factor to keep in mind is that transcription firms based in India or the Philippines are becoming much more common and these firms typically work for much less money.

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Legal Transcription - A Booming Sector

Legal transcription has become one of the most demanding services all over the world, especially in the developing countries. Normally, legal transcription services will be provided by using the customer’s voice recordings or audio tapes in the digital format. There are many companies that are offering these legal transcription services all across the world.

To talk in an abstract way, legal transcription is nothing but the preparation of legal documents from any type of written information or even dictated information. Apart from these generic services, some of the popular legal transcription service providers will provide services to draft and fill legal documents, calendar and track down other important works.

If you are a young attorney and if you are looking for some help in the preparation of trails, organizing your client’s information, documenting all the related facts to your cases and some other related pieces of work; then you can definitely go for one of these legal transcription service providers. They are just the companies which you are looking for.

Normally, all the trails in the court will be recorded by these legal transcription service providers. Then they digitalize the voice and audio signals. The quality of these digitalized signals is just awesome, thanks to the latest technology advancements. So, if you want to define legal transcription service in a very informal manner, you can say it as a translation service that is done from voice and audio signals from court room to the form of a text in word documents.

Some of these legal transcription service providers have mastered even the art of documentation that is related to research in law. Most of the law students, in today’s competitive world, are moving towards these service providers in getting help for their research law document preparations.

In general cases, legal assistants are the people who will be used to do duties like greeting clients, doing the billing, assisting in research, transcription duties and other related services. These people are used for very monotonous and tedious types of jobs in transcription services companies.

Mostly, these legal transcription services are now done at home itself. This sector is definitely booming all across the world and especially in developed countries like United States of America. If you have a proper legal background, if you are a person who doesn’t get bored with monotonous jobs and if you are a person who is looking for a career which pays you very high by just doing the job from home; then legal transcription service is just a right career path for you.

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For complete help and advice on transcription, read the E-book “Home Based Transcription Guide - How to make Money Listening to Words!” created by Nathian Jackson. This E-book will give you complete details about transcription, and teach you the ways of earning money through transcription without spending a single penny. This E-Book can be found at http://www.transcriptiontips.co.uk
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Medical Transcription Services – New Business Trends

Its a fact, that in todays corporate world the need for medical transcription services is expanding at near exponential perportions. In layman's terms, the task of a medical transcriber is record medical data and records into soft copy format that can then be read by individuals. Due to the diverse range of medical specialties, there is an almost equal number of dictation specialists to address them individually.

A Growing Segment of the Business Community

The health care field is a growing industry and as it grows an almost corresponding number of companies are appearing every day to answer the need for medical dictation services in a wide range of areas in the medical field. This would include hospitals, laboratories, physician groups, clinics of all varieties as well as individual doctors and medical practitioners.

Overseas Sources

As a result of the expanding need for reliable medical transcribers, many of these new services are based in foreign countries, such as India and the Philippines. While it is highly cost effective, one problem that must be addressed on an ongoing basis is the technical language that is contained in medical documents.

Technical Language Specialists

This in turn, has led to most if not all of the off shore medical transcription service providers to employ at least one full time technical medical language specialist who's job it is to insure that all of the complex medical terminology contained in the final transcribed documents is accurate in every sense of the word.

Insuring Quality Finished Product

These medical language specialists basically oversee and instruct transcribers, to insure that all work that is done is entirely accurate. It is important to understand that while someone may speak fluent English they may not have a complete comprehension of complex medical terminology that requires that a person have at least some level of understanding of Latin.
By: Antonius Fastersetin

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Article by Antonius Fastersetin. Here you will find everything you wanted to learn regarding Transcription Service and even Medical Transcription Services

Spanish Translation And Transcription

Translation is the action of interpretation of the meaning of a text and subsequent production of an equivalent text that communicates the same message in another language. Spanish translation involves listening to an audio or video tape in Spanish language and producing an English translation or vice versa.

Transcription, on the other hand, is the conversion of a spoken source into written or printed format in the same language. The Spanish transcription is generally done by a Spanish person, while translation by an English speaker translating into English.

Spanish translation is more than just putting words into another language; it requires an understanding of the information being translated, so that the spirit, meaning, tone and style of the communication are preserved, While Spanish transcription requires a good listening skill, understanding of the subject matter and ability to write the same information in the same language.

To perform Spanish transcription and translation, one has to listen and write down the content in the language in which it is presented. Then translate it to the target language required.

Spanish translations of official documents, such as driver’s licenses, birth/death certificates and school or university transcripts for submission to govt. offices require certification. That means the translator must be certified by the certifying body of the province in which the document will be submitted. Translation should ensure localization, clarity and overall cohesion of message for the target audience.

Whether you need to transcribe interviews, focus groups, depositions or conferences, the goal is the same-conversion of audio into text format.

The most common type of transcription and translation is legal translation, where clients are interviewed in their native language-Spanish, but the court will require the event to be recorded in another language-English. However, it is more common for transcription and translation to be conducted for video clips and radio interviews.

About the Author: This article is issued in general public interest, and contains
information on transcription services compiled by GMR SpanishTranscription Services. To learn more, click on the link.
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Medical Transcription Outsourcing

The United States medical transcription industry has been growing at the rate of over15% annually and there has been a growing demand for the documentation of medical documents. This demand and the need for lowering of medical costs has made the US to outsource work to lower wage countries like India and the Philippines. These Asian countries have a skilled work force that is ideally suited for the job and have proven their expertise over the years. However there has been a lot of difference of opinion on outsourcing of medical transcription work.

One of the main reasons for outsourcing to countries like India is indeed the cost advantage due to cheap labor in these developing countries, and their currency rates as compared to the U.S. dollar. With no dearth of educated English speaking graduates in India it continues to be the best outsourcing destination for medical transcription. What are the different reasons for the controversy on whether part of the work that is worth US $10 to $25 billion annually should be outsourced or not? There has been a controversy on whether work should be outsourced, mainly due to many reasons. Some of the related issues are mentioned below.

• The greater majority of MTs (Medical Transcriptionists) presently work from home offices rather than from actual hospitals,
• Nationals located in the United States striving to outsource work to other-than-US-based transcriptionists.
• In outsourcing work to sometimes lesser-qualified and lower-paid MTs.
• Profit of outsourcing is not always passed cover to clients
• Concerns about patient privacy
• Selective Quality problems
• Un familiarity with local slangs and accent problems
  

One of the most advantageous features in Medical Transcription Outsourcing is the time difference of 12 hours between India and the USA. It allows for transcribed files to be ready and delivered by the next day morning itself. Transcriptionists in India can work on the tapes on the night. (while it is now day in India) Most Asian transcription companies adhere to very high standards with regard to the use of technology and all files are well encoded before being transmitted via the Internet.

The author of this article is Ricci Mathew of Outsource Strategies International (OSI), a US based company that offers services in Medical Coding, Medical Billing, Medical Transcription for clients across the US.
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Business Transcription

Transcription services are required in almost every area of the business spectrum. The need to put into text, the spoken word, automatically creates demand for business transcription companies that specialize in this type of work. Mostly, it is the businesses themselves that do their transcription work to avoid the extra cost of transcription services.

However, too much of transcription work can put undue load on the existing staff. This can subject them to unnecessary work related stress and the quality of their important duties will also suffer. Also, special equipments need to be purchased for this transcription work, which will undoubtedly entail extra costs. Realizing this, more and more companies are now going for transferring their transcription work to a different company. This can be cheap too if the company goes for outsourced business transcription services.

To get transcription work outsourced, the company records their meetings, seminars or conventions. This is then uploaded to a specified location from where the transcription company can download it to start off with the transcription work. Companies accept audio files in various formats. MS Word or any other text processing software is used for creating transcripts. These transcripts would then be sent via email or hard copy or simply uploaded to the location from where the company can have it.

However, outsourced business transcription companies hire employees that need not be in sync with the rules and regulations of the country from where their clients send them recordings. This will not be a big hindrance if the work involves simple transcription. However, many transcription tasks include understanding data and transcribing accordingly.

Also, American accents and terms may be hard to follow for home grown transcriptionists. To avoid such problems, many business transcription companies follow the BPO model where the basic transcription staff works out of a low cost country like India while the quality editors and their support staff works out of the US or the country from where the files are sent. This ensures the best rates with no compromise on quality.

The classes of recordings that may need transcription in the business sector are varied. They include one on one interviews, lectures, conferences, seminars, Group discussions, Telephonic recordings, workplace interviews, focus group sessions etc.

A business transcriptionist's career is an interesting one to pursue. If you are a graduate with good English language skills and also are a good listener then, business transcription will be suitable for you.

For more info click here http://www.isourceindia.com/business-transcription/
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