Recently a renowned hospital in Alabama had to shell out $140 million as penalties because of an error committed by a part-time transcriptionist. The transcriptionist had incorrectly interpreted the dosage of a drug, resulting in the death of an elderly citizen. Though the doctor dictated ‘8,’ the transcriptionist interpreted it as ‘80’ and this meant that the patient received ten times the dosage of her regular insulin shots. Unfortunately, no one in the hospital, bothered to verify the dosage and this led to the untimely demise of the patient.
This is not an isolated incident. Mistakes in transcribing medical documents affect nearly 50,000 individuals annually resulting in an accumulated loss of $17 billion to $29 billion to healthcare institutions. It’s precisely because of these recurring issues that experts have been recommending healthcare service providers to opt for professional medical transcription services. In doing so, they stand to gain in several ways. Some of which include:
1. Scalable service:
Professional medical transcription service providers understand that the transcription volume will not be the same always. Hence they will give you the option to access as many transcriptionists as it takes to get the job done. This way, you are only paying for what you need.
2. Access to specialized staff:
Third party service providers give you access to knowledgeable staff, who have carried out some of the toughest projects in the industry. So when you rope in professional transcriptionists, you get to gain from their experience at a fraction of the cost, when compared to having them in-house.
3. Top class quality and accuracy:
Outsourced transcription partners stick to standardized, HIPAA certified practices and follow stringent multi-level quality assurance procedures. All these make sure that there is no compromise on quality at any time.
4. Faster, streamlined transcription:
With a dedicated team that can be scaled up or down depending on work load, transcription work gets turned in much faster.
5. Save money:
By allowing you pay only for the services that you need, outsourced medical transcription partners help you save up to 40% over the cost of full time salaries and benefits.
How we can help?
We are one of the largest medical transcription companies in the industry, offering medical transcriptions of the highest quality at affordable prices. Leveraging our extensive experience in the industry, we render personalized medical transcription service that is a cut above the rest. The thing that differentiates us from the rest is our ability to transcribe almost all sorts of medical reports. Besides the usual discharge summary, operative reports and consultation reports, we are also capable of transcribing reports from various other consultations like diabetic podiatry, oncology, pain management, advanced-age genetic consultation, and many more.
Contact us immediately and outsource your medical transcription needs.