The use of medical transcription services allows hospitals and providers to outsource a critical business process

 

  Medical transcription, also known as MT, is an allied health profession that deals with the transcription of voice-recorded medical reports dictated by physicians, nurses, and other healthcare practitioners. Medical reports can be voice files, lecture notes, or other spoken material. These are dictated over the phone or digitally uploaded via the Internet or smartphone apps.

 

Is medical transcription a dying profession?

Medical transcription isn't a dying profession. There will be more positions to fill as a large portion of the workforce prepares to retire. The information provided here shows how much of the workforce will need to be replaced in order for medical reports to be completed on time.

 

What exactly do medical transcription services entail?

Medical transcription services assist healthcare providers in converting audio into finished documents that can be used on paper or in electronic medical records.

 

  The transcription work is typically outsourced to third-party agencies by healthcare facilities. These organizations hire a variety of transcriptionists to help with transcribing and keeping track of medical documents. Medical transcription services collaborate with the healthcare industry to edit and provide reports for doctors, notes, and procedures in an e-format, which aids in the creation of files that represent the history of treatment provided to patients.

 Without additional capital investment, medical transcription services enable hospitals and providers to outsource a critical business process, reduce costs, and improve the quality of medical documentation. Adoption of medical documentation and recording systems, government initiatives in health information infrastructure, implementation of EHRs, and technological innovations through the use of electronic technology to reduce the turnaround time, increasing focus on lowering costs and increasing productivity, and improving the quality of patient care while ensuring safety drive the global medical transcription services.

 Furthermore, the various benefits of medical transcription services are expected to aid in market growth. Some of the benefits of medical transcription services include guaranteed turnaround time (TAT) and quality of the transcribed documents, lower transcription rates, automated document delivery (print and publication friendly documents), round-the-clock technical support and assistance, and lower administrative and human resource costs for healthcare facilities and physicians.