Medical transcription outsourcing has helped the global medical industry become efficient and performance oriented. Due to this, various medical firms have planned to avail such services from various BPO companies in India, China and the Philippines. Business process outsourcing has become an essential part of many industrial organizations. Now it’s up to the medical sector to walk the same route. For this reason, medical centers or institutions have decided to outsource various medical services from some of the well-known overseas outsourcing service providers. One of the medical services that have gained great popularity in this field is medical transcriptions.
What is Medical Transcription?
Medical transcription is a part of transcription services in which voice recorded reports or statements are converted into text format. The reports are typically dictated by medical professionals and are recorded in various audio formats. The job of converting recorded statements into high-quality text formats is typically assigned to professional transcriptionists. Professionals can do this job very easily using the latest tools. Therefore, they can also meet the strict deadline.
Professionals who carry out the work of medical transcriptions are known as medical transcriptionists (MT). The method of converting recorded voice to text was invented in the year 1960 and was intended solely to assist in various manufacturing processes. Later, this unique procedure was used to serve the medical field and gave rise to medical transcription.
Importance of Medical Transcription:
Medical transcription occupies a prominent place in the field of medicine. This service allows a medical professional to securely store confidential patient information in electronic text format. In many medical centers, MTs or medical transcriptionists are hired to do the work. But now the medical institutions have decided to offer this job to the BPO service providers who are well versed in this kind of jobs. This allows them to save a lot of time and money.
Why outsource medical transcription?
In the United States, the average salary for professional transcriptionists is typically around 0.06 to 0.08 cents per line. But countries like India, China, and the Philippines can do the same job at much less cost. This is mainly due to the huge difference in currencies. The US dollar is very expensive, while the currencies of third world countries are very cheap. Due to these currency differences, BPO companies based in those countries (India, China, and the Philippines) are able to provide high-quality services at a lower cost.
Transcription professionals at various BPO companies are highly trained. Apart from this, the service providers are even using the best tool for the job. The tools are very sophisticated and packed with useful features. By using these tools, the medical transcriptionist can generate maximum medical reports in high quality text format. Professionals are trained by their respective employers. Therefore, clients can ensure that the work they receive is absolutely free of errors.
The medical transcription BPO service has caught the attention of all medical institutions in the US, UK and Australia. Even countries like Sweden and Denmark are looking for better medical transcription service providers to help them document medical reports. It has become clear that outsourcing of such medical services can really help medical institutions to improve their efficiency.