Medical transcription outsourcing is very efficiently done in India

Medical transcription basically means the act of translating spoken word of medical reports on a whole into written text. This provides one a complete analysis of the patient and other recorded material. Hiring someone internally, to be solely devoted towards transcription increases overhead costs. This service process needs to be done very accurately and with precision, so outsourcing transcription services to an experienced and reliable company is a good move to most businesses. Outsourcing of transcription process results in a huge operational cost advantage.

The process of outsourcing is the process to hand over work to a third party company. The decision to outsource is often made in the effort to lower the cost or utilizing time in better way or utilizing the capital and resources more efficiently.

The Medical Transcription business is growing by 20% every year whereas the availability of Medical Transcriptionists is falling by 8%. As a direct result the medical companies around the world are now outsourcing the jobs to meet to their high demand of quality transcripts. The present market share particularly of the US medical transcription industry is estimated at US $ 20 billion. The US Bureau of Labor estimates a 51% increase in the need of medical transcriptionists by the year 2011.

India is among the prime countries where Medical Transcription outsourced because of the two very important reasons, one the difference in time zone with countries such as the US and secondly the availability on economic and efficient labor. Medical Transcription outsourcing projects boosted in India boosted nearly 15 years ago. The first of the companies to begin Medical Transcription in India are located in Chennai, Bangalore and Hyderabad. For 15 years, the industry developed immensely, and now we can see many companies that offer medical transcription services in India. All operational general medical transcription is the major share in the Indian market. Now there are various different ways in which transcription services are performed. These include: Internet services, home services, center-based services. The industry also gave rise and support to new industries, such as educational institutions, additional hardware required to support transcription, etc. India, given the high English literacy levels, and the weak rupee, provides the ideal location for conducting Medical Transcriptions. Medical transcription jobs pay very well. At entry level, medical transcriptionists are paid around Rs. 5,000per month, which can exceed to Rs. 20,000 per month within two years. As a trainee, though, you'll get about half of that. There are also additional rewards dangled by some companies, in the form of perks and performance-based incentives.

There are great opportunities at hand, one would be amazed with the number of companies that have already adapted into medical transcription industry in India and at the pace and depth at which this industry has evolved, and cities of India are preparing themselves to tap this huge opportunity. With the rapid change of outlook in Indian healthcare and privatization of the insurance sector, documentation of all patient records will become mandatory in the future. Thus Medical transcription outsourcing will hold a key link in changing and uplifting the Indian job scenario. What the doctors do is hand over their audio records to a company that gives them transcripts in clean and perfect English for filing and reference. Naturally, these companies need people who know the language to do the actual transcriptions, and won't charge them the world! India, given the high English literacy levels, and the weak rupee, provides the ideal location for conducting these transcriptions.

Author:Sharad Gaikwad

Source:http://www.articlesbase.com/

Transcription outsourcing: optimize as much as 40% on costs

Contracting out medical transcription has many advantages the most apparent being that of saving on expenditure. While investigating costs healthcare providers tend to overlook several major expenses heads hence the comparison between the price per line given by the outsourcing vendor and the current expenses per line is not correct.

What should be included while calculating expenditure on captive transcription?

Direct expenses

* Direct transcriptionist staff wages: This consists of the salary paid to captive transcriptionists.

* Costs of preparation: The expenses of teaching the new team to enable them to execute jobs as per the healthcare practice’s requirements.

* Supplies: The stationery expenses and the expenditure of other supplies used for transcription would have an impact on the costs per line.

* Expenditure of overflow jobs that is contracted out: Sometimes when the captive team is not able to keep up with excess workflow the tasks needs to be outsourced and this adds to the costs.

Indirect expenses

* Depreciation of machinery: Over time the equipment used would have some wear and tear, this depreciation expenditure will have to be added to the expenditure

* Apportioning salaries of management and administrative staff: The wages of managerial and administrative staff contributing to the medical record creation method will have to be apportioned and added accordingly.

* Benefits given to employees other than the wages: plus points given to staff like health insurance, dental care etc will have to be added in the category of indirect costs.

* Taxes: Having staff on rolls would mean taxes would have to be paid.

* Costs of space used: allocation of expenditure of real estate costs would have to be made according to the space usage.

* Costs of employee turnover: This would include fees paid to consultants, signing bonuses, expenses of teaching new employees and the expenditure of advertising for new employees.

* Costs of technology: The costs of software and tools used for healthcare transcription and the expenses of integrating this with the hospital’s system needs to be added.

Apart from the direct and indirect expenses of transcription in-house the other factors that need to considered are:

* No of days taken for delivery of records

* Correctness of reports

* Physician satisfaction

* Data security

* Reports generation and distribution

* Easy availability of qualified staff

Given below is a table of typical expenses of healthcare transcription captive:

Item costs in US $ per annum

Salary 30000

Other benefits 8000

Real estate 2000

Furniture 1000

Computers 2000

Management 5000

Consumables 1000

Utilities 500

Miscellaneous 500

Total costs 50000

Given below is the productivity of a medical transcriptionist

Number of line per 8 hour day 1250

Work hours per year 1920

Lines per year 300000

Downtime in % 10%

Actual lines produced in a year 270000

Expenditure per line 18.5

After calculating the expenditure of all these factors one can arrive at the costs per line.

The rate offered by a typical transcription vendor is 10 cents per 65-character line. This shows a clear conservation in the expenditure per line. The 65-character line is calculated according to the billing method principles as per the MTIA guidelines. The costing method used is supportable, definable, measurable, reliable and equitable & open. .

Not only that contracting out the transcription needs of a healthcare practice to a professional transcription vendor has advantages like:

* Quality of above 99%

* 24 hours turnaround time, with a choice of 4-12 hours turnaround time for STAT records.

* IT that enables smart upload by allowing flexible modes of dictation and facilities like smart delivery and web delivery for ease of use.

* Makes sure data security and HITECH compliance by using the correct technology and having safety procedures in place for security of people and infrastructure.

Author:Renee

Source:http://www.myarticle.com/

Medical Transcription Outsourcing - Offering Effective Solutions

Healthcare sector has taken steps to improve its quality of life and death improving services by making it target oriented as other businesses and made it more customer centric. It is essential that they concentrate on their core activities of providing quality health life to society and outsource its support activities to organizations providing professional services in the industry.

Thus by allocating limited resources on non-core activities, heathcare services would be able to focus on improving its services.

In order to provide quality healthcare services, it is essential to draw inputs from numerous sources to complete the process. One important input contributing to healthcare process is information captured in patient records. Medical transcription is creating medical records of patients by transcribing audio files into text format. Patient records play an important role in providing continued care to patients as well as are essential in the process of reimbursement.

Medical transcription requires right combination of processes and technology and skilled manpower, in producing timely, accurate cost effective and secure services. To meet the desired standards, healthcare facility has to allocate its resources in monetary investment, skilled work force and time to its processes.

Effective solution to fulfill documentation needs of healthcare facilities is outsourcing medical transcription which maintains excellent quality and security standards. This helps in reduction of direct as well as indirect expense in the process.

How outsourcing medical transcription services are preferred?

Outsourcing medical transcription services is preferred because of benefits associated with it. It is opted because of following reasons:

•Quality

It produces details of patient records with utmost accuracy. This could be attained by recruiting

highly-skilled professional team of transcribers and having an efficient quality assurance process to minimize errors.

•Cost-effective

Outsourcing reduces overall cost of the transcribing the file to approximately 50%. It also eliminates other overhead expenses involved in the process.

• Turnaround time

It ensures production of patient records in a timely manner, using appropriate technology, and skilled work force. It meets turnaround time standards and which further facilitates the process of reimbursement on time.

•Maintaining confidentiality

Most companies sign a confidentiality agreement with the service provider to maintain confidentiality of patient records. Bridging the contract is an offense which no company would risk for.

To know more about and avail other benefits involved outsourcing medical transcription services visit at: http://www.outsourcingtranscriptionservices.com

Author:James G Lee

Source: http://articlenexus.com

Medical Transcription Outsourcing - Simplifies Healthcare Facilities !

Medical transcription has been allied with healthcare since the very beginning, as it is the process of creating patient medical records of the patient- healthcare professional encounter. Though this is essentially a service that documents the patient- healthcare professional encounter; outsourced services have evolved from the early stages of being data entry/ typing services to that of a sophisticated service that helps the working life of healthcare facilities and healthcare professionals. Outsourced medical transcription services simplify the way healthcare facilities work.

How do outsourced services help simplify the way healthcare facilities work?

Speedy creation of transcripts: This ensures that creation of patient medical records takes place within the turnaround time required by the healthcare professional/ healthcare facility. Delays in creation of patient records can lead to the treatment process being hindered, wastage of time in following up by healthcare professionals & support staff and thus impact the smooth running of the healthcare facility.

Safer: Maintaining confidentiality of patient information is a major concern for healthcare facilities at all levels. Sourcing a HIPAA/ HITECH compliant vendor ensures that this data is protected through the entire transcription process.

Accurate: This ensures that all the details of the patient- healthcare professional encounter are captured with maximum accuracy. The healthcare facility/ healthcare professional would benefit from the training processes, the process for ensuring quality and best practices established by the service provider to maintain the high levels of accuracy.

Technology: One of the major advantages of availing these services from an outside entity is the technology used by the transcription vendor. Technology has become an important component of these services in the following aspects:

Capturing dictation

Transmission of audio file through secure channels

The transcription process

Encapsulating the work status

Delivery of transcripts through different modes as per the convenience of the healthcare professionals

Archives to enable locating transcripts

Outsourcing medical transcription ensures that healthcare professionals and healthcare facilities have the benefits of leveraging on the software and tools used by the service provider without having to invest substantially.

EMR adoption: Many healthcare facilities may have already invested in EMR or may plan to do so. Outsourcing has the advantage of helping healthcare facilities adopt EMR without having to make many changes in the working style of healthcare professionals.

Reduce costs: Availing specialized services ensure that healthcare facilities make substantial saving on cost of transcription. They also gain from better utilization of their resources towards their core business as outsourcing eliminates overheads related to creation of patient medical records.

Accelerate reimbursements: Information in patient records is the basis on which coding and billing start. Speedy creation of patient records can help accelerate the reimbursement work.

Smarter working: Getting the services of a professional transcription vendor ensures that all the activities associated with medical transcription like recruitment & training of transcriptionists, collection of dictation, allocation of work, report distribution, keeping track of work in progress, tracing transcripts from archives are passed on to the service provider. This enables the healthcare professionals and other staff to use their time in a more efficient manner.

One stop shop: Engaging the services of a professional transcription vendor provides an one stop shop for all the patient medical record creation needs of the healthcare facility like transcription for different specialties, varying turnaround time requirements, formats/templates required, weekend & holiday transcription requirements, remote faxing & printing etc Outsourcing medical transcription aids the functioning of healthcare facilities in many ways apart from the obvious benefit of savings on costs.

Author:Renee

Source:http://www.myarticle.com/

Medical Transcription Outsourcing - Points to Be Considered During Outsourcing

Outsourcing medical transcription is a prudent business decision and helps the healthcare facility focus totally on their core business while providing the right support. However the outsourcing decision is not one to be taken lightly and needs a thorough analysis of what the healthcare facility hopes to gain from the outsourcing decision. To make sure that everybody in the healthcare facility is comfortable with the outsourcing decision it is important for the healthcare facility to ask itself some questions:

1. Is this activity part of the core business of the healthcare facility? Creating patient medical records is not part of the core business of a healthcare facility though it does play an important role in the operational and commercial aspects of a healthcare facility. It is a specialized skill requiring a combination of the right team, the right technology and process to be able to meet the criteria of being accurate, timely, secure and cost effective.

2. How much is it costing currently? Having this activity in-house could be costing the healthcare facility more than what they originally would have estimated. While calculating cost of in-house transcription factors like these should be taken into consideration:

* Overheads

* Allocation of management & administration staff for managing in house creation of patient transcripts

* Wastage of resources during slack times

* Overtime pay during excess inflow of work

* Extra pay for weekend and holiday transcription

3. What are the other resources being used? In-house medical transcription could also involve usage of resources like secretaries, Information Technology staff, capital equipment etc.

4. What are the accuracy levels and turnaround time of transcripts? In-house creation of patient medical records could result in varied levels of accuracy due to the varying volumes of transcription. The accuracy levels could be high when volumes are low and low when volumes are high. The turnaround time could also similarly vary depending on the volume of transcription. The turnaround time being shorter during slack periods and vice versa during periods with high volumes.

5. Is it important to retain this activity in-house? There are certain factors like concerns for security of the data that could be a hurdle to the outsourcing decision. Choosing a service provider with measures in place to secure people, processes and technology can eliminate security concerns and remove any hurdles to the outsourcing process.

6. What are the alternate options available? Healthcare facilities have the option of outsourcing their overflow transcription needs to a combination of independent contractors or professional transcription vendors. This could however result in the healthcare facility having to put in more efforts to coordinate this function from various resources. The easy fix to ensure that transcripts are created in a timely, accurate, secure and cost effective manner is to outsource the whole activity on a turnkey basis to a professional service provider

7. What is the cost of outsourcing? Outsourcing ensures that the cost of transcription is restricted to the cost per line of transcription. Initially the healthcare facility may have to have a minimum outlay towards finalizing the service provider and adapting to the technology used by the service provider.

8. What are pitfalls of outsourcing medical transcription? The common pitfalls while outsourcing a function as vital as this is the fear of poor quality and security concerns. Another major concern is that the price quoted by the service provider may have hidden costs. Both these concerns can be overcome by choosing a service provider who has the right team in place to meet quality concerns, has adequate measures in place to ensure total security and uses a billing method that is measurable, verifiable, definable, consistent and fair& honest.

9. What is the value addition in outsourcing? Outsourcing medical transcription provides the healthcare facility with many value added services like technology that offers multiple benefits like different modes of document delivery, archives making it easy to trace transcripts in different stages, specialty medical transcription etc.

10. What about the transition to outsourced services? Transition from in-house transcription to outsourced services can be eased when the service provider has open channels for customer service. This would enable the service provider to solve minor issues as and when they crop up.

11. What about existing investments in EMR? Existing investments is EMR/EHR can be protected if the medical transcription service provider has the capability for HL7 interface enabling data to be transmitted to the EMR/EHR system.

12. What are the options available to capture dictation? This is a main concern for time starved healthcare professionals, this concern can be overcome by choosing a service provider who allows the healthcare professionals to retain their familiar modes for capturing dictation.

The process of outsourcing medical transcription can become easier by choosing a service provider who alleviates these fears/doubts that may rise during the outsourcing process.

TransDyne, a leader in the outsourced medical transcription industry offers customized medical transcription solutions tailored to suit the needs of healthcare facilities. Visit http://www.transdyne.com for more details. Click http://www.transdyne.com/html/contactus.aspx to avail medical transcription services from TransDyne.

Author: Renee Kelly

Source: http://EzineArticles.com/

Hire Medical transcription outsourcing companies and enjoy exclusive benefits

What can be more favorable then getting your work done by somebody else? Every person drowned in his or her workload dreams of this. Well, the dream has come true since the expansion of outsourcing business. Outsourcing firms are called on board by big corporate houses to lessen their workload. A flourishing business buzzing across the market is Medical Transcription outsourcing. This business has helped the health care sector to further their research and development and manage the overall health condition of their innumerable patients. Medical transcription outsourcing is the most affordable form of deal that is creating noise in the industry assists you in saving at least 60% of your total costs.

Outsourcing - a business since a decade:

Outsourcing has been prevalent since ages; the only difference was its secluding nature. Offshore medical billing or Medical transcription outsourcing business provides cost effectiveness deals to a corporation fast and easy. You just have to give them the contract and the outsourcing company takes care of everything required to get the work done pertaining to medical transcription. Many times, medical transcribers in hospitals fail to live up to the standards of the hospital and are sacked. It is difficult to find a replacement immediately, instead hire an outsourcing company and get the worked outsourced.

Outsourcing companies recruit highly qualified people who can fathom the criticality of a particular job profile. They are provided specialized training and made aware of all the possibilities that can occur while completing a particular work. The training provided to them, make them highly skilled to handle the delegated task at hand. Outsourced medical transcription involves medical maintenance, record customization, medical record conversion, medical record, migration and other transcriptionist services.

Benefits of medical transcription outsourcing firms:

Medical outsourcing firms cater to the entire healthcare industry and have cited their capability therefore amassed immense popularity. Getting medical transcription outsourced delivers quick and accurate results. They are proven to be cost-effective to all organizations. You can invest one-third of your total budget and get all your pending work done at the cost of peanuts. There are newfangled outsourcing firms that will do your work for free just to gain experience and establish themselves in the market.

The accuracy level of the outsourcing firms is remarkable since they train their staff for the job. Sometimes the staff members are not efficient at some tasks and cause losses therefore it is in the company's interest that you get your work done by professionals trained for that particular job. Such firms do not dissatisfy you in terms of deadlines or turnovers.

Deciding on the best options for outsourcing:

Primarily you need to review your transcribed audio files and determine the needs of transcription. If the medical transcriptions are electronically stored, you can send them to the outsourcing company directly but if it the medical history is stored in audio tapes then it is smart to choose a local outsourcing company. Call for tenders from all the companies you have listed, go through the proposal and check the cheapest quotation that fits your budget, while selecting the cheapest contender also review its accuracy level and recommendation, do a background check then you can go ahead with the company. Include a secrecy clause in the contract to avoid future consequences. Once the outsourcing company agrees to abide by the rules and regulation of the hospital, sign the contract.

Medical transcription outsourcing companies are abounding in the market; it is just up to you to make the right choice.

Author:Sharad Gaikwad

Source:http://www.articlesbase.com/

Top Ten Reasons to Outsource Medical Transcription

What is Outsourcing?

Subcontracting. Support. Managed services. However you define it, outsourcing has become the hot, creative solution that is helping more and more hospital CFOs, Health Information Managers (HIMs), and owners of physician practices do more with less. Less money. Less time. Less resources.

In these challenging times of tight budgets, compressed deadlines, exploding amounts of information, and stringent compliance regulations, managing medical transcription yourself can cost you in more ways than one. That’s why outsourcing medical tanscription has become such an attractive solution for so many.

While outsourcing medical transcription is not a new concept, it might be new to you. And when done correctly, it’s a pain-free process that gives you the freedom to focus on more important things, like patient care. Please take a few minutes to read the Top 10 Reasons why it can help you now to outsource medical transcription — and in the long run.

Reason 1: Eliminate Capital Investment with Medical Transcription Outsourcing

When you outsource your entire medical transcription process, you no longer have to own a dictation system or invest in a typing platform or worry about upgrading to the very latest equipment.

In fact, all your capital expenses for supporting dictation and transcription are greatly reduced because you no longer have to own or maintain them. And maintaining these systems and varying equipment can really cost you, with the average maintenance agreement costing upwards of 17% of equipment costs, annually. Even if you only partially outsource your medical transcription, you can still reduce your expenses and make your budget work harder for you.

Reason 2: With Medical Transcription Outsourcing, Manage Report Volume and Staffing Fluctuations

There are some things you just can’t control, no matter how hard you try. Report volume and staffing are just two of them, as these variables fluctuate without warning. Having to react to these challenges at a moment’s notice can bring your day, department, and transcription process to a screeching halt.

Not to mention how these gyrations can negatively affect your budget. By outsourcing all of your medical transcription — or even just the overflow — you can cost-effectively manage sharp increases in report volume or a shortage in staffing without having it impact your turnaround time, workflow, quality, or compliance.

Reason3: Outsource Medical Transcription and Reduce Management Expenses

Whether you’re a CFO, Health Information Manager, or head your own physician practice, managing medical transcription in-house can be a costly proposition. With so many vast, overlapping layers to manage — from dictation and routing to transcription and archiving — there are variables at every turn, eager to steal your time, attention, and budget dollars. By outsourcing all or part of your transcription process, you are free to concentrate on more important priorities and leave all the headaches and stringent demands to your outsourcing partner. Outsourcing also reduces the need for robust in-house staffing which results in additional cost savings for you.

Reason 4: Reduce Direct Labor Costs

If you are managing your medical transcription process in-house, then most likely you are also carrying direct labor costs that are putting a strain on your already tight budget. As an integral part of document creation, transcriptionists and coding specialists are imperative to the success of your medical transcription process. Yet, hiring such staff as Full-Time Employees (FTEs) means not only having to pay their salaries, but also having to provide them with benefits. By outsourcing all or part of your medical transcription process, you can gain greater control, streamline your staff, and greatly reduce or eliminate these expenses.

Reason 5: Improve Report Accessibility and Distribution with Medical Transcription Outsourcing

A major benefit of outsourcing your medical transcription is finding a solution that’s web-based. Through a secure, password-protected process, one can log-on to a user-friendly interface, search, view, edit, and print reports — from any computer with Internet capabilities. You can also distribute documents to multiple destinations with the touch of a button. Older technologies, such as dictaphones and tape, do not give you that kind of easy, immediate accessibility. And because the solution is web-based, it comes with powerful keyword search capabilities so you can easily retrieve what you want, when you want it. You’ll also have access to an entire year’s worth of records, not just the last month or so by outsourcing your medical transcription.

Reason 6: Reduce IT Responsibility

When you manage medical transcription in-house, it greatly impacts your IT department. Not only are they expected to manage and troubleshoot the various medical transcription platforms and technologies you own, but they often inherit the maintenance of your onsite equipment. In addition, they’re expected to keep up with the latest technology demands and updates to keep the system running to the best of its abilities. By outsourcing your medical transcription, you not only free up your IT team to work on more important things, but you also rescue a vast amount of space on the server that was once dedicated to supporting your dictation system. It all adds up to a more efficient, productive IT team and a faster, leaner server.

Reason 7: Eliminate HR Transcription Staff Recruitment

It’s no secret there’s a domestic shortage of qualified, certified medical transcriptionists. And maintaining a pool of dependable prospects you can call at a moment’s notice puts a definite strain on any already burdened Human Resources (HR) department. With so few qualified medical transcriptionists to choose from and the constant need to fill the hospital’s pipeline with new prospects, HR is caught in a losing proposition — trying to fulfill constant requests from the HIMs and looking at a shallow prospect pool. By outsourcing your medical transcription, you eliminate the constant cycle of unsuccessful recruitment efforts and the inefficiencies and lost man-hours they incur.

Reason 8: Improve Report Accuracy and Turnaround Time

When you manage your own medical transcription process, you are ultimately responsible for the accuracy and turnaround time. Are you able to stringently measure performance and impose penalties if quality levels are not met? You can if you outsource your medical transcription process. Outsourcing medical transcription services regularly document their accuracy and turnaround time rate, making sure they have metrics that prove they’re meeting Quality Assurance levels. Many outsourcing services also provide performance guarantees right in their contracts, which range from productivity, efficiency, and effectiveness to quality, turnaround time, and resource utilization.

Reason 9: Shorten Account Receivable Cycle

One of the easiest ways to shorten the accounts receivable cycle is to streamline your medical transcription process. If you manage your own medical transcription, you are managing people, records, medical coding, HIPAA compliance, technology, turnaround time, and all the possible variables that come with it. By outsourcing your medical transcription, you greatly simplify workflow. What was once ten steps can be reduced to five. This allows you to better meet 24-hour and even 12-hour turnaround time, but also realize soft cost savings that can be very meaningful. And ultimately, shorten your accounts receivable cycle.

Reason 10: Take Advantage of a Single-source Medical Transcription Solution

When you have to piece together your own medical transcription process, the entire weight of the solution is on your shoulders. Researching the right technology, platform, equipment, and recruits. Working closely with IT, accounts receivable, and HR. Squeezing every penny in your budget. Struggling with HIPAA compliance. And dealing with the day-to-day problems, cost surprises, and emergencies that constantly crop up. By outsourcing your medical transcription process to a single source, you free yourself of the burden, save substantial money by consolidating all your services with one provider, and still maintain complete control of the process — while ensuring all necessary standards of quality, turnaround time, and HIPAA compliance are met.

Author:Editor

Source: http://www.abcarticledirectory.com

Outsource Media Transcription Services

Transcription is a very important option and very useful services in this aggressive market. Media transcription is a fast growing industry covering a variety of transcription processes. Various transcription services like media transcription, interview transcription, video & audio transcription services are extremely famous. Now-a-days, with digital audio/video formats making it easier to record, store and transfer audiovisual data, it is helpful for media producers like podcasters, webcasters, documentary makers etc. Media transcription services are useful in industrial sectors, academic circles, entertainment, legal and educational markets and other business.

Media transcription is useful in a news program, audio, video, interview or a TV show; media transcription services can provide digital transcripts of the program by leveraging the media transcription technology. Media transcription involves the exactly transcription of video or audio tape recordings, as well as digital recordings. With transcription you can upload your media files over the internet from any location in the world.Media Transcription Services Include:

• Interview transcriptions
• Transcriptions of audio visual content
• Digital transcriptions of news stories, featured reports and documentaries
• Closed captioning of television broadcasts
• Subtitling for TV news features

Media transcription team consists of trained transcriptionists with experience in the domain of media transcription. Media transcription is not limited to the simple transcribing of the spoken word into text to produce transcribed copies of news stories, special reports, conference proceedings and other media situations.Advantages of Outsourcing Transcription Services:

• Quick turnaround time
• High level of accuracy
• Cost-competitive prices
• BY all digital formats
• Customized formats based on customer request
• Expertise on state-of-the-art transcription software
• Complete data security, privacy and confidentiality

Our media transcription staff has access to the latest specialized technology and software and is therefore we able to produce exceptional quality media transcripts, captioning and subtitling services. We know the need for professional, experienced and specialized media transcriptionists to ensure that our media transcription services deliver premium-quality media transcripts.Author:transcriptionSource:http://www.a1articles.com/

Medical Transcription Outsourcing is heavily in Demand

Medical transcription is documentation of medical records. Medical transcription experts are called medical transcripts or transcribers. Partially sub-contracting the business to an outside agency is referred to as a service provider and is called outsourcing. Transcribers listen to dictations of health care professionals can be in digital or analog format, which are then converted to text format. These files generally have patient’s medical history, consultation medical test reports, operation as well as post-operation reports, etc.
Medical transcription outsourcing has been in vogue because of the reasons listed below:

By outsourcing the organization saves a lot on in-house hiring as well as training cost. While hiring in-house, you also have to consider the cost to bear upon sick leaves, health insurance, etc. which are bear by the medical transcription service provider. The cost in developing countries is around 40-60% lesser when you hire medical transcription services from a developed nation. Outsourcing medical transcription services will cut down the cost on infrastructure.

You get proficient work force to work on your projects and therefore get high quality product. If you go for outsourcing, the management need not divert their focus on medical transcription work and concentrate on your core business functions.

In the developing nations you easily get trained resources. Therefore, developed nations prefer outsourcing medical transcription services. These medical transcription experts are not only intelligent but also have language competency, and are techno savvy. Outsourcing cuts down the cost of frequently changing technology.

One major benefit of medical transcription outsourcing is the difference in the time zone. This difference gives more time to finish time within defined time line to prepare the final quality product.

Business houses opt for outsourcing because of multiple benefits associated with medical transcription outsourcing. This has also created lot of employment opportunities universally. To learn more about the benefits visit: http://www.outsourcingtranscriptionservices.com.Author:James LeeSource:http://www.searcharticles.net/

Outsourcing Audio Transcription – Why It Works

Outsourcing transcription works for many reasons, but the nub of the matter is that although anyone can set themselves up as a transcriptionist, a good transcriptionist is much more than just someone who can type; transcription is a specialised business. That is why if your administrative/secretarial staff are not specially trained in transcription, or if they are simply overloaded, outsourcing can be the answer.
What does a transcriptionist do?

A transcriptionist takes audio recordings, whether they be on tape or digitally recorded, and creates a typed transcript of the recording. Such recordings may be dictation (one person speaking), interviews (one or two people being interviewed), focus groups (a group of people under guided discussion), meeting recordings etc.
What’s so special about that?

A transcriptionist is more than ‘just’ a typist because s/he is doing more than just typing what’s on a written page. The transcriptionist has to understand the content of the recording in order to be able to punctuate it correctly and correctly spell homophones (words that sound the same but are spelt differently). The transcriptionist may also need knowledge of a particular vocabulary (e.g. for medical or legal transcription) and a general transcriptionist still needs a better than average vocabulary and general knowledge, in order to correctly pick up on things like place names, names of events, technical details etc. A transcriptionist these days is probably also an expert researcher on Google – a great way to fill those general knowledge gaps provided you know how to do it properly! Of course this person is also an expert typist with a fast typing speed – audio typing takes longer than copy typing for precisely the reasons listed above, but the industry standard for a fully experienced transcriptionist is that it takes about an hour to transcribe fifteen minutes of good quality interview recording (a bit less for dictation and more for groups or for recordings with ‘issues’ as indicated below.) Even someone who touch types may find that without transcription experience it takes much, much longer. Finally the transcriptionist also needs to have excellent attention to detail in order to proofread the work thoroughly before handing it over to the client.
Why outsource?

If your staff are not trained transcriptionists and you have transcription required on an ad hoc basis, then the reasons listed above should make the answer obvious. A meeting transcription might take a trained transcriptionist a full day to transcribe, so a non-trained member of staff could easily take two days – two days when they are unable to complete their normal day-to-day functions. The results may also be disappointing if their grammar and ability to punctuate is not up to scratch. The outsourced transcriptionist will complete you work without taking anyone away from their normal duties.

It is also useful where company politics might come into play! I have recently transcribed a number of disciplinary interviews etc. for a variety of clients who preferred that their secretarial staff were not party to the contents of the meetings.

Also if you do not require transcription on a regular basis you may not have the relevant equipment, and this can be quite costly. If recording on to digital formats there is freely available software that will allow your staff to listen to the recording, rewind, play it back at varying speeds etc. but without a transcription foot pedal the time taken to transcribe is increased even further.
Finding a good transcription company to outsource your work to

Anyone can call themselves a transcriptionist so how do you know if you’re going to get a decent service? There are a number of things you can do – and some you shouldn’t! One of the don’ts is asking for a CV. Why not? Because a transcription service is a business, not your potential employee. You wouldn’t ask a solicitor, estate agent, builder or chiropodist for a CV, so why ask a transcriptionist? Instead go by recommendation, just as you would do for another business, or if you don’t know anyone who can recommend a good transcriptionist look for testimonials. Many transcription services show these on their websites.

Another don’t is to ask for the transcriptionist to take a test – frankly, if they have time and inclination to do this they’re probably not very busy – and while that might be because they’ve just started up a business but have years of excellent experience (if you’re lucky!) it might also be that they’re simply not very good. If you do require a test then you should expect to pay for it at the normal rate.

If you have a significant number of recordings that are going to need transcribing in a short period of time then you might want to ask what procedures the service has in place to project manage large jobs like this, whether they employ people directly, subcontract etc. If they subcontract, you might need to check their confidentially procedures to ensure that this won’t be an issue. If all your questions are answered quickly and positively then the chances are you’re talking to someone who is familiar with working with such projects!

Other things you should be asking are price (obviously) and turnaround time (when they can get the recordings back to you). Do bear in mind that a good service might well be a busy service so if you can book in advance of wanting to send your recordings, so much the better.

Questions your potential transcription service should be asking you include: what kind of transcription is it (interview, focus group etc.), how long is your recording, what kind of recording (e.g. standard cassette tape, digital recording in .wma format), what’s the recording quality like, is the speech clear, do you need a verbatim transcription and when do you need your transcription returned?

If you have a specific requirement regarding formatting now is the time to say so, as most services have their own standard formats which will be used unless you state otherwise, although they’re very happy to format in any way you require.Author: Anne HickleySource: http://www.articledashboard.com

Health-related Transcription Outsourcing - Select The Right Services Supplier

The need with health care transcription expert services is boosts while using the phenomenal rise inside have to have for health record trying to keep. So, in case you are actually thinking about setting up work in this marketplace then anticipate to acquire formal schooling. The AHDI happens to be an affiliation of health transcriptionists and also other healthcare documentation staff, and it ratings medical transcription jobs for the standard of the teaching. Outsourced medical transcribing companies have artistically utilised engineering allow doc shipping for you to specified folders, by means of fax, as a result of Mail and with the EMR programs, all the while being sure that transcripts are sent by way of protected programs guaranteeing HIPAA/ HITECH compliance through the use of acceptable safety calculates. These skills can be had with some endeavours, and health-related transcription can provide a satisfactory career in your case.

It is necessary to the transcription vendor to acquire hands-on control in the approach to make sure that accuracy. Even though outsourcing it is essential to examine the program supplier by their capability to manage various volumes with get the job done. Clinical transcription jobs plays a critical piece in checklist creation by capturing all the steps of the particular patient-healthcare skilled expertise. I surf the online market place and came across a piece of writing about healthcare transcribing. With all the trusted help of HIPAA compliant professional medical transcription products and services, health care experts will ensure the dependable Web transfer involving voice information not to mention doc files using affected person data. When using the assistance of such assistance staffs, almost all highly processed information sustain great accuracy stages approximately 99%. This will do by changing voice-recorded computer files to computerized words paperwork.

Clinical transcription program can be found for operative paperwork, history and actual physical notes, discharge summaries, SOAP notes, consultation reviews, preoperative notes, crisis reviews together with diagnostic reports to get person practices plus group methods. A healthcare capability faces a lot of judgements to remain manufactured every day. These services companies come with an expert team associated with professionals including transcribing experts, proofreaders and editors who sadly are authorities in working with state-of-the artwork technological innovation, dictation devices along with software. Affordable health care transcription will assist you to boost your function move and put up superior providers to all your affected individuals. There are actually a lot of founded health-related transcription companies in Oklahoma selling complete medical transcription answers to hospitals, group procedures, person practitioners together with multi-specialty clinics. Utilizing the applications specifically manufactured for the health transcription business will enable you to far more precisely assess work.

Document delivery program allowing for simple uploads and also downloads and which can make examining within the position in the reviews economical in addition to convenient. Pertaining to Clinical Transcription Companies, each one of these tips gets unavoidable to help keep the best persistent doc. Medical practitioners lately are incredibly active folks having very demanding daily schedules. Those that behave like an industry-specific affiliation are regarded as organizations that employ a strict code from ethics, significant specifications and even keep up-to-date considering the most current market resources. It really is a key component of health-related companies in made nations around the world the place person therapy and associated insurance cover are carefully coupled. Of course the sooner you variety a lot more money it will be easier for making as many pay is over a production basis.

Recruiting, education and maintaining transcriptionists. Listed here are a few misconceptions and facts about clinical transcription which you ought to ponder ahead of using a clinical transcribing profession. Many of the providers offer absolutely free demo alternative - take full advantage of this and discover how a great deal time it will take to reply and examine perhaps the medical transcription treatment provided meets your customer support standards. The transcribed product is often clinical or management reports, correspondence, and so forth. Second of all, all people is aware that they're who they keep company with, be it on the web or in true to life.Author:Larry AdkinsSource:http://goarticles.com/

Legal Transcription Outsourcing - Reduces Overall Transcription Costs

Legal transcription outsourcing reduces your overall transcription costs. Outsourcing legal transcription work is the best option for legal professionals who want to concentrate on their core competencies.

Legal transcription outsourcinghas proved to be very beneficial for legal entities including lawyers, attorneys, paralegals, courts, law firms and business firms. You can hand over your complex transcription tasks to a qualified legal transcription outsourcing company. Legal transcription outsourcing services cover all areas of law including criminal, business, trial, real estate, family, patent, corporate and personal injury law.

Legal transcription outsourcing has reduced the workload of legal personnel who are usually under great work pressure with a large amount of legal proceedings to transcribe together with their daily hectic work schedule. The services are available for court proceedings, reports, legal letters, court transcripts, general correspondence, wire tap, briefs, client letters, trials, judgments, law office recordings, minutes of seminars and conferences, interrogations, memorandums, regular recordings, and more.

With the help of trained and highly skilled transcriptionists, proofreaders, experienced editors and legal experts, legal transcription outsourcing companies provide timely, accurate and cost-effective transcribed reports in the form of well-cataloged files.Benefits of Legal Transcription Outsourcing

* Reduces transcription costs
* Reduces infrastructure investment
* Excellent saving on money as well as resources
* Shortens turnaround time
* Greater flexibility
* Greater productivity
* Saves your valuable time as well as effort
* 3 levels of quality control
* 100% data security and confidentiality
* High quality and accurate legal documents
* Encrypted and secure file transfers
* Eliminates the need for recruiting workforce in your office to carry out transcription processes
* Delivers legal documents in the format of your choice

Through efficient, secure and prompt legal transcription services, your legal transcription work will be done on time without any backlog.Author:Bob KruseSource:http://www.articlesbase.com/

Business Transcription Outsourcing - Accurate Business Transcripts

Organizations with in-house business transcription services might often find it expensive to maintain office staff for the purpose. Transcribing business proceedings involves a lot of time and effort. A professional business transcription company can help in this regard, by providing quality business transcription services to help organizations organize their transcription processes.

Business transcription services are available for clients from various industries such as financial, retail, advertising, automotive, packaging, healthcare, technology, media, education, medical, transport, and more.Major Benefits of Outsourcing

Listed here are some of the benefits of outsourcing business transcription services to business transcription companies.

* Experienced and well-trained team proficient in business communication is at your service
* Quick turnaround time
* Save money as well as valuable time
* Reduce infrastructure investment
* Stringent quality assurance processes
* Accurate and efficient services
* Time zone differential gives customers access to 24/7x365 workdays
* Free trial offer
* Capability to work on a number of file formats

Transcription Services for Diverse Business Processes

Business transcription outsourcing services include transcriptions of meetings, conferences, seminars, boardroom discussions, interviews, annual general meetings, shareholder board meetings, focus groups, teleconferences, computer desktop dictations, lectures, speeches, press releases, mobile dictations, employee surveys, insurance claims, forecast meetings, business meeting recap, training session and group discussion.

What you have to do is simply send the audio and video files to your business transcription serviceprovider.Thecontent for business transcription is received from any source including standard/micro cassettes, DAT, VHS, audio files, (.wav, .vox, .dss, and .mp3) and the Internet.

Business transcription outsourcingcompanies will convert the audio visual content into ready-to-publish transcripts in the format of your choice. To ensure the accuracy of business transcripts, the completed transcripts are re-verified, proofread and reviewed. Once the process is complete, the transcripts are sent to the customer via email or FTP or in any other manner preferred by the customer. Foolproof security and confidentiality of the data is ensured through stringent security measures.

To make sure that you get accurate business transcripts, business transcription companies are equipped with an excellent team of transcriptionists, proofreaders, quality analysts, and editors. Their expertise and state-of-the-art technology helps to deliver professional business transcription services. Their command over English language and business terms, their comprehension skills, time management skills and capacity to listen to every word ensures clients quality business transcripts.

Getting accurate business transcripts has become easy now. Today there are many professional business transcription companies that provide consistent, accurate business transcription services on time, and at competitive pricing.Author:Bob KruseSource:http://www.articlesbase.com/

Free Trial on Interview Transcription Outsourcing Services

Hi-Tech Transcription Services one the most experienced and leading outsource transcription services providing company in India offers interview transcription India services at up to 60% lower outsource interview transcription India prices than US.

Ask for a free trial on interview transcription outsourcing services in India at no extra cost even before hiring! http://www.hitechtranscriptionservices.com/contact.php

Choose the best suited interview transcription services India provided at Hi-Tech Transcription Services:

• General interview transcription

• Documentary interview transcription

• Research interview transcription

• Focus group interviews transcription

• One to one interview transcription

• Multiple participant interview transcription

• Students interview transcription

• Job interview transcription

• Journalist interview transcription

• Television, radio, media interview transcription

• Marketing interview transcription

• Teleconference transcription

• University interview transcription

• Business interview transcription

• Legal, financial interview transcription

• Medical transcription services

• Audio, voice recorded interview transcription etc

More then 17 years of transcribing interviews experience enables professional interview transcription India staffs to deliver quality interview transcripts from wide range of audio, video format input to required formats by client with through accuracy of 98.99%.

Benefits on interview transcription services India:


• Up to 60% lower interview transcription rates than US

• 98.99% accurate transcription and best quality

• Use of latest transcription machines, software and tools

• Well secure and confidential clients information

• Wide range of audio video input accepted (mp3, mp2, wma, val, rm, wav, au, snd, mov, asf, vm1, dss, vox, sri etc.)

• 24/7 online supports and technical assistance to client

• Adequate measures to dictate and send interview transcription projects

• Fast and prompt interview transcription

• Free trial for clients to check quality before hiring etc

Choose the reliable interview transcription services India at lowest every interview transcription outsourcing rates with guaranteed accuracy on info@hitechtranscriptionservices.com and to know more visit us on http://www.hitechtranscriptionservices.com/interview-transcription.php

Author: Harvesh Modh

Outsourcing Transcription – A Retainer Contract May Be The Way Forward

If you’re planning to outsource a significant amount of transcription or other administrative work on an ongoing basis then it may well be most cost-effective to use a retainer contract, rather than pay as you go. This generally works well for large organisations who have a significant amount of dictation being produced by senior managers, or for market research companies who regularly conduct interviews with members of the public. It can also work well for universities; it’s a great way to get a discounted service for your students, because while each student might only need a small number of interviews transcribed, across the university or even a faculty over the course of a year there are probably hundreds.

The way a retainer contract generally works is that you agree to send in a certain amount of work per month, which you pay for in advance at a slightly discounted rate. You would need to establish a working relationship with a transcription service first, to make sure that you were both happy with working together. This also helps you to establish with a greater degree of certainty how much transcription you may have each month.

Suppose you anticipate having about ten hours of transcription recording every month. You would first work on a pay as you go basis with the transcription service, who may charge work in a variety of ways – per line, per character, per key stroke, per page, per audio minute or per hour of time taken. At Penguin Transcription we charge per audio minute for digital recordings or per hour of time taken for analogue tapes. However the time taken can vary depending on the quality of the recordings and a number of other factors (see my other articles for more information on this) so your transcription service will need to establish how long your recordings take on average. If your recordings are clear it will probably take about four hours to transcribe each hour of recording, so in this example you are looking at 40 hours of work per month. Or if based on an audio minute basis you’d be looking at 10 hours of recording = 600 minutes of recording, so 600 multiplied by the per audio minute rate.

You would then sign a retainer agreement stating that you agree to pay that amount in advance each month, at a discounted rate agreed with your transcription service. Some services will agree to carry over a small percentage of those hours to the following month if they are not all used, while others will require you to start afresh each month. Normally any extra hours you require, over and above the number stated in the retainer contract, are charged at the standard rate, which is why it’s so important to establish the amount you’re going to need before going in to the retainer agreement.

Retainer agreements will vary with different providers so, as with any contract, do check carefully and be prepared to negotiate for the right agreement for your organisation.Author: Anne HickleySource: http://www.articledashboard.com