FOUR VITAL FEATURES FAVORING THE USE OF FIXED COST PRICING MODEL FOR MEDICAL PRACTITIONERS

Different pricing models are followed by different Medical Transcription companies. In this article, we look at the distinct features of fixed cost pricing model for transcriptions, which makes it indispensable for medical practitioners.

Medical Transcription companies have different pricing models for transcription services according to the needs of the client. Some of the pricing models offered by Medical transcription companies include:

• Fixed Cost Model
• Time and Material Model
• Offshore Development Model
• Cost-Plus Model
• Transactional Model
• Milestone and Incentive Based Model

With so many pricing models at the disposal; it becomes very difficult for Medical practitioners to opt for the right pricing model for the transcription services. Each of these pricing models has its own advantages and disadvantages. Let us now look at some of the inevitable features of Fixed Cost Pricing Model, which makes it indispensable for Medical practitioners:

• Pre-defined costs: Fixed cost pricing model does not involve any hidden cost. Unlike other pricing model where the medical practitioners cannot predict the end cost of the project, in fixed cost pricing model the scope of the work and costs attached with the project are pre-defined. Hence, this feature becomes a decisive criterion in opting for fixed cost pricing model over other pricing models.
• Result-oriented project management: Unlike other pricing models, fixed cost pricing model is result-oriented, and takes project timeline as an ultimatum. The major objective of fixed cost pricing model is getting favorable results, rather than scrutinize methods of the performance. As a result, it is widely used for government projects, because it provides more conviction over the final result.
• No question of cost escalation: During inflation, medical transcription companies face the risk of cost aversion, which is completely negated with the implementation of fixed cost pricing model. Hence, there is no question of cost escalation in fixed cost pricing model.
• Ideal for small projects: Fixed cost pricing model is ideal for small projects or projects with pre-determined requirements, where the output needs to be delivered within constrained budget.

Fixed cost pricing model produces a win-win situation for the medical transcription company and medical practitioners. Mediscribes is a renowned medical transcription company that uses fixed cost pricing model for delivering transcription services to the clients. To learn more about our Services, click here.

About Mediscribes

Mediscribes, Inc. is one of the fastest growing Medical Transcription & document management systems providers in United States, based in Metro Louisville. Mediscribes is an ISO 9000-2001 certified company, rendering cost-effective consolidated transcription solutions to major hospitals, clinics, and other healthcare facilities in United States. Mediscribes is the most value-providing organization in the market today with a strong presence in America and offshore locations. The firm specializes in providing highly accurate transcription adhering to ADHI guidelines in unbeatable turnaround time with robust & proven document management system as its vantage point to its esteemed clientele.

Mediscribes provides end-to-end transcription solutions as its primary offering. For our customers, we focus on dictation systems, both ASP as well as enterprise level solutions, with the help of our most valued asset ezVoiceIntelligence (ezVI), providing specialty-specific qualitative transcription along with a “whole nine yards” document management system. Mediscribes specializes in EMR data integration as well. Our data dispatch department is highly proficient in integrating transcribed reports into any type of EMR. Healthcare facilities that do not have EMR get the option to use our web-based file monitoring interface called eTranscribe for global access to their data. eTranscribe has special features of E-signing, E-faxing, auto-printing, and user-friendly document search criteria.

For additional information, please visit http://www.mediscribes.com

Media Contact (Mediscribes)
Mike Perry
marketing@mediscribes.com

Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.mediscribes.com
http://www.bizscribes.com
Copyright © 2009. Mediscribes.
Mediscribes is a registered trademark. All Rights Reserved.

7 SCINTILLATING BENEFITS OF HIRING IN-HOUSE MEDICAL TRANSCRIPTIONISTS

There are lots of medical transcription companies that opt for outsourcing medical transcriptionists instead of in-house medical transcriptionists. In this article, we look at various benefits derived by an organization, if they opt for in-house medical transcriptionists. 

Medical Transcriptionist is one of the most demanding jobs present in the market.  With the help of Medical Transcription services, medical practitioners can lessen their burden of electronic documentation for all patient records.  But the major question that the medical practitioners face is, whether they wish to outsource these services or hire someone in-house. We are all aware that there are two options available to medical practitioners to take care of the transcription needs.  They are:

• In-house
• Outsource

Let us now look at some of the benefits of hiring an in-house medical transcriptionist:

• Availability of staff member throughout the day: One of the advantages of recruiting an in-house medical transcriptionist is that their services can be rendered throughout the day. Their day-to-day tasks includes:
  • Correcting errors
  • Making changes
  • Carrying out new tasks on regular basis  

They are also trained to become accustomed with:

• Medical terminology
• Lexicons associated with the medical profession
• Brand names and phrases which help medical transcriptionists to carry out their daily tasks smoothly

• To maintain secrecy for honoring any confidential agreement: If the organization has signed any confidential agreement due to sensitivity of the information to be derived, it is always recommended to opt for an in-house medical transcriptionist. This makes it easier for the organization to keep the flow of information in check. The in-house medical transcriptionist is directly accountable for honoring the confidential agreement.
• Flexibility in responding to changing business environment: If there are abrupt changes in the business environment of the organization, hiring in-house medical transcriptionists is the only option. They can adapt to the changing business situation, and can apply their logic in providing necessary services swiftly.
• Total control of manager: Manager has total control over in-house medical transcriptionists. It is much easier for the managers to manage the transcriptionists effectively, as they are working in the same domain/building of the organization. They can even give regular instructions to the in-house medical transcriptionists about their day-to-day activities.
• Performance based appraisal: The in-house transcriptionists are full-time employees of the organization. But their appraisal is based totally on performance, hence, they have the additional incentive to raise their bar, and prove their efficiency to grow in the organization. This makes the performance of the in-house transcriptionists formidable.
• Increased quality and efficiency: If medical transcriptions are outsourced from a third party, the files that the organization receives may not be of superior quality. It is also possible that the transcribed files do not reach on time. Even if the organization gets the files on it, checking them to ensure the quality becomes a headache. Hence, it is always advisable for the organization to recruit in-house medical transcriptionists, who can deliver the quality on timely basis.
• Preserving sensitive data with the organization: When an organization outsources medical transcriptions to a third party they take a risk of losing sensitive data to the outsourced party. By hiring in-house transcriptionists, the organization can preserve the sensitive data and honor their part of agreement with the client.

Recruiting in-house medical transcriptionists has its own sets of advantages and disadvantages. Being a Global Medical Transcription Company, we understand the needs of our clients, and can provide customized solutions as per their needs. If you wish to learn more about Mediscribes, click here.

About Mediscribes

Mediscribes, Inc. is one of the fastest growing transcription & document management systems providers in United States, based in Metro Louisville. Mediscribes is an ISO 9000-2001 certified company, rendering cost-effective consolidated transcription solutions to major hospitals, clinics, and other healthcare facilities in United States. Mediscribes is the most value-providing organization in the market today with a strong presence in America and offshore locations. The firm specializes in providing highly accurate transcription adhering to ADHI guidelines in unbeatable turnaround time with robust & proven document management system as its vantage point to its esteemed clientele.

Mediscribes provides end-to-end transcription solutions as its primary offering. For our customers, we focus on dictation systems, both ASP as well as enterprise level solutions, with the help of our most valued asset   ezVoiceIntelligence (ezVI), providing specialty-specific qualitative transcription along with a “whole nine yards” document management system. Mediscribes specializes in EMR data integration as well. Our data dispatch department is highly proficient in integrating transcribed reports into any type of EMR. Healthcare facilities that do not have EMR get the option to use our web-based file monitoring interface called eTranscribe for global access to their data. eTranscribe has special features of E-signing, E-faxing, auto-printing, and user-friendly document search criteria.

For additional information, please visit http://www.mediscribes.com

Media Contact (Mediscribes)
Mike Perry
marketing@mediscribes.com

Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.mediscribes.com
http://www.bizscribes.com

Copyright © 2009. Mediscribes.
Mediscribes is a registered trademark. All Rights Reserved.

Mediscribes a participant of Health Story organization stands by Health Story Members.

March 23, 2012 Louisville, Mediscribes, a leading provider of Medical Transcription Services and document management systems all across the globe, as members of Health Story Organization have vowed to stand by each and every Health Story Member.

Health story is an alliance of healthcare associations, providers and vendors through which resources were pooled over a period of 3 years. Rapid development initiatives were taken for producing standards of data for the purpose of flow of information between various types of electronic health records and healthcare documents.

There is an associate charter agreement with Health Level Seven and other related organizations. This is mainly for harmonization. Health Story supports eight technical implementation guides. Recently, the completion of the project took place with ONC and HL7/HE for consolidation of guides into a single package. There was continuity of Care Document Standard. There are many types of important documents that support the implementation. In addition, there should be proper information with the industry as to the availability of standards. There are many benefits of electronic documents. Mediscribes is an active participant and contributor of Health Story Organization

Mediscribes, based in Metro Louisville, USA is an ISO 9000-2010 certified company. Consolidated transcription solutions that are very cost effective are rendered to major clinics, hospitals and healthcare facilities by Mediscribes. This is an organization considered to be the best amongst valued solutions providers in the field of Medical Transcription and allied medical solutions and services. Apart from US, it has a strong presence in offshore transcription management services as well.

End to end transcription solutions are provided by Mediscribes as its primary offering. For the customers, the main focus is on the dictation systems. These include enterprise level solutions as well as ASP. This is done with the help of ezVoiceIntelligence which is considered to be the most valued asset. Qualitative and specialty-specific transcription is provided along with document management system.

The specialization of this firm is in the integration of EMR data as well. The data dispatch team of this firm has a high proficiency in the integration of transcribed reports into EMR. If there are some healthcare facilities that are not having EMR, they will surely get an option of using web based files that have a monitoring interface. This interface is known as eTranscribe. Global access to data can be obtained. Special features of e-Faxing, e-Signing and auto printing are offered as well.

Mediscribes specializes in highly accurate Transcription Service and solutions that adhere to the guidelines of ADHI in unbeatable turnaround times. The document management systems that Mediscribes deals in are proven and robust in the turf of medial allied services. To avail association from Mediscribes for any and every medical transcription service, do get in touch with them.

About Mediscribes

Mediscribes, Inc. is one of the fastest growing Medical Transcription & document management systems providers in United States, based in Metro Louisville. Mediscribes is an ISO 9000-2001 certified company, rendering cost-effective consolidated transcription solutions to major hospitals, clinics, and other healthcare facilities in United States. Mediscribes is the most value-providing organization in the market today with a strong presence in America and offshore locations. The firm specializes in providing highly accurate transcription adhering to ADHI guidelines in unbeatable turnaround time with robust & proven document management system as its vantage point to its esteemed clientele.

Mediscribes provides end-to-end transcription solutions as its primary offering. For our customers, we focus on dictation systems, both ASP as well as enterprise level solutions, with the help of our most valued asset ezVoiceIntelligence (ezVI), providing specialty-specific qualitative transcription along with a “whole nine yards” document management system. Mediscribes specializes in EMR data integration as well. Our data dispatch department is highly proficient in integrating transcribed reports into any type of EMR. Healthcare facilities that do not have EMR get the option to use our web-based file monitoring interface called eTranscribe for global access to their data. eTranscribe has special features of E-signing, E-faxing, auto-printing, and user-friendly document search criteria.

For additional information, please visit http://www.mediscribes.com

Media Contact (Mediscribes)
Mike Perry
marketing@mediscribes.com

Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.mediscribes.com
http://www.bizscribes.com

Copyright © 2009. Mediscribes.
Mediscribes is a registered trademark. All Rights Reserved.

Seamless Implementation and Project Management

In Medical Transcription, accuracy and dedication must meet the global standards and they are the two key factors that can never be compromised upon at any given stage. The field has vast foothold all around the world and to come up with customized implementations that result in expertly managed, effective projects is quintessential. Over the years the field of Medical Transcription has evolved in a massive way and with revolutionary rise in e-technology, innovative approach and flawless applications have become the need of the hour, especially if you are interested in getting that cutting edge above your competitors.

Ingenious implementation can take you farther

Improvisation through ingenious implementation can help you manage any Medical Transcription project with lucidity. Quest for precision and quality are the major rudimentary elements that serve as catalyst during the execution of any project. Nowadays, with the advent of cutting-edge technology, boundaries of workplace have been brought down and the workers in this field enjoy the privilege of working from their home place or workstation of their choice. This has also enabled more home workers to switch over to a new career of Medical Transcription, and has been proved extremely beneficial to those who have been opting for home based or part time jobs. For companies looking out for a good staff of Medical Transcriptionists this is very good news. On the other hand though, if quality has to be the core policy for seamless results, then you need to take care that the staff you hire is highly qualified, well trained and if possible experienced enough to carry out the requirements of the position with supreme confidence. You can as well get some AHDI certified Medical Transcriptionists on your staff board so that the excellence in work is guaranteed every time.  All these steps can help even a budding juvenile Medical Transcription Companies surge ahead in the heat of competition within no time. 

Categorizing divisions for seamless working  

Even though you may have staff that work from their home places, you need to recruit certain office based employees, those who will communicate and cater to the official inquiries and details. These are the employees who will take care of all your various departments. Instead of doing all the work under one section, it is highly recommended that there is proper compartmentalization of workforce so that at every level the pace and quality is maintained. For your online promotions, representations and communications, it is always best to have technical staff that will take care of all the hassles related to technicalities and also keep on updating your website and related aspects quite regularly. This will help you keep your online presence more compatible with the latest. Customer service plays the role of a representative and hence you need highly skilled people in this section who can play their part well. Since you would be employing online staff for Medical Transcription, it is necessary that the new and novice are polished up so that their work matches up the quality required. For this a special recruiting and training division is needed.

To start off with, these few implementations if applied can help you gain and maintain good amount of projects in the Medical Transcription world. 

About Mediscribes

Mediscribes, Inc. is one of the fastest growing transcription & document management systems providers in United States, based in Metro Louisville. Mediscribes is an ISO 9000-2001 certified company, rendering cost-effective consolidated transcription solutions to major hospitals, clinics, and other healthcare facilities in United States. Mediscribes is the most value-providing organization in the market today with a strong presence in America and offshore locations. The firm specializes in providing highly accurate transcription adhering to ADHI guidelines in unbeatable turnaround time with robust & proven document management system as its vantage point to its esteemed clientele.

Mediscribes provides end-to-end transcription solutions as its primary offering. For our customers, we focus on dictation systems, both ASP as well as enterprise level solutions, with the help of our most valued asset   ezVoiceIntelligence (ezVI), providing specialty-specific qualitative transcription along with a “whole nine yards” document management system. Mediscribes specializes in EMR data integration as well. Our data dispatch department is highly proficient in integrating transcribed reports into any type of EMR. Healthcare facilities that do not have EMR get the option to use our web-based file monitoring interface called eTranscribe for global access to their data. eTranscribe has special features of E-signing, E-faxing, auto-printing, and user-friendly document search criteria.

For additional information, please visit http://www.mediscribes.com
 
Media Contact (Mediscribes)
Mike Perry
marketing@mediscribes.com
 
Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.mediscribes.com
http://www.bizscribes.com
Copyright © 2009. Mediscribes.
Mediscribes is a registered trademark. All Rights Reserved.

TAT and Quality Guarantee or it's FREE

Summary: Companies providing medical transcription must follow highest quality standards in their data services and a shorter TAT as doctors take life changing decisions based on their inputs. In a highly competitive environment, companies that are slack in quality control and do not provide very accurate data in a short time are bound to lose customers.

Medical transcription is an essential support service for the healthcare providers and provides important data backup for proper diagnosis and treatment of patients. Mediscribes is among the few medical transcription companies providing good quality and reasonably priced transcription services. They have a reputation for fast and accurate TAT that results in great savings of almost 30% for their customers. Most medical transcription companies’ use highly trained staff that can transcribe data using speech recognition, voice data recorders with 95% accuracy. Higher productivity among staff, adherence to quality standards set by industry bodies like Association for Healthcare Document Integrity (AHDI) and following processes as per Six Sigma quality standards ensures strict time discipline that is an essential requirement in the medical transcription industry.


While treating patients the doctor needs up to date patient records as regards current treatment and prognosis so that the line of treatment can be changed or corrected. In case medical transcription is not quick enough there will be lapses and the patient’s treatment will be delayed resulting in health complications and in some cases even a loss of life. Also the quality of data provided through Medical Transcription impacts the quantum of reimbursement for the doctor and hence has an impact on the insurance claims of the patient as well. Therefore in the light of increasing costs of healthcare, high quality data in medical transcription is important as it impacts stakeholders like accreditation bodies, health information managers and compliance agencies that have to check records before taking important financial decisions.

Therefore quick TAT is essential for medical transcription otherwise hospitals and doctors can terminate services of the medical transcription company resulting in a loss of business. So to avoid this company should invest in state of the art computers with the best quality software that can provide excellent medical transcription services in the shortest possible time.

The medical transcription software should be such that it is compatible with emerging technologies like smart phones and iPhones so that the doctor can get quick access to required data in the shortest possible time. This helps him take important decisions quickly based on proper and correct inputs provided by the Medical Transcription Companies. To ensure this the company must have periodic reviews of customer requirements and update its medical transcription software accordingly. It must train its staff regularly so that they are aware of the latest medical terminology and disease conditions and can process data accurately for the convenience of the doctor. Strictly following a quality management system ensures high productivity from each transcriptionist and results in the accurate data being delivered to the customers in a fixed time frame.
Therefore we at Mediscribes follow exacting quality standards and the shortest possible TAT with an accuracy of 98.5 % in medical transcription for ensuring greater customer satisfaction.

About Mediscribes

Mediscribes, Inc. is one of the fastest growing transcription & document management systems providers in United States, based in Metro Louisville. Mediscribes is an ISO 9000-2001 certified company, rendering cost-effective consolidated transcription solutions to major hospitals, clinics, and other healthcare facilities in United States. Mediscribes is the most value-providing organization in the market today with a strong presence in America and offshore locations. The firm specializes in providing highly accurate transcription adhering to ADHI guidelines in unbeatable turnaround time with robust & proven document management system as its vantage point to its esteemed clientele.

Mediscribes provides end-to-end transcription solutions as its primary offering. For our customers, we focus on dictation systems, both ASP as well as enterprise level solutions, with the help of our most valued asset ezVoiceIntelligence (ezVI), providing specialty-specific qualitative transcription along with a “whole nine yards” document management system. Mediscribes specializes in EMR data integration as well. Our data dispatch department is highly proficient in integrating transcribed reports into any type of EMR. Healthcare facilities that do not have EMR get the option to use our web-based file monitoring interface called eTranscribe for global access to their data. eTranscribe has special features of E-signing, E-faxing, auto-printing, and user-friendly document search criteria.

For additional information, please visit http://www.mediscribes.com

Media Contact (Mediscribes)
Mike Perry
marketing@mediscribes.com
 
Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.mediscribes.com
http://www.bizscribes.com

Copyright © 2009. Mediscribes.
Mediscribes is a registered trademark. All Rights Reserved.

Outsourcing Transcription Helps Lawyers

Expert transcription services help legal professionals to delegate their documentation responsibilities and improve their efficiency profoundly. Outsourcing Transcription their chief documentation assignments let them to sort out and handle their paperwork in appropriate format, and reorganize their workflow.

Outsourcing eases the staff of workload and lets transcription firms take care of it. Legal transcription entails preparing legal papers from archived files of various trials and hearings. Nearly all of the firms that provide legal-transcription deal with their patrons in a very competitive and timely manner. Some of the Legal Transcription Services currently offered take in verbatim transcription, correspondence transcription, legal letter transcription, court transcriptions, as well as wire tap transcription.

Having talked about what the services are all about, following are some its biggest advantages:

• Help save a lot of time and efforts. 
• Help concentrate on core issues. 
• Helps deal with surfeits of legal files. 
• Excess paperwork is dealt with.
• Expenditure on back office is lessened. 
• Breeds an Efficient Workforce. 
• Effective maintenance of records. 
• Expenditure in maintaining internal transcription is purged.

When experienced companies are entrusted with transcription duties, a firm can be rest assured of a range of benefits. The stand-out feature is that transcribed documents are prepared in user friendly electronic file format. At any point, a firm can retrieve all details regarding a particular hearing or trial.

At present, there are tons and tons of Legal Transcription companies. But when you turn to some of the best names in the business like the Bizscribes it is a different experience altogether. It is simply because they are one of the most experienced companies and offer you the best value. Here are some reasons why should rely on them:

• All projects that Bizscribes undertakes are dictated by the location of transcription. You can be rest assured that we are right fit.
• Their workforce is the most competent and acquiescent. The staff will understand your needs and come up with the best solution.
• They will always standby our work. A good company will back all the guarantees it boasts of.
• Their patrons have always been satisfied and returned back whenever required. You can go through the clients and testimonials on their website.

About Bizscribes Inc.

Bizscribes Transcription Service is a leading provider of quality and accurate business transcription services at affordable prices. Your transcription needs could include meetings, conferences, speeches, one-on-one interviews, board meetings, etc. Get accurate transcription within the timeframe that best suits your business transcription needs. We also transcribe board meetings and calls to analysts for quarterly and annual performance.

For additional information, please visit http://www.bizscribes.com

Media Contact (Mediscribes)
Rob Byer
rob.byer@bizscribes.com
 
Mediscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.bizscribes.com
http://www.mediscribes.com
 
Copyright © 2009. Bizscribes.
Bizscribes is a registered trademark. All Rights Reserved.

Bizscribes - Your One Stop Shop for Transcription Services

Transcription may have started small but with the exponential growth of the industries, the transcription services also started expanding and growing. The arena of transcription services has undergone drastic changes and at the current time, there is a huge demand of good Business Transcription Services. Every industry is thriving on information and therefore the need for good transcription services has increased like never before. Bizscribes understand the importance information for its customers and therefore it has taken up the task of information feeding. It excels in providing the clients with different transcription services and thus renders valuable information to them.

Bizscribes is the one stop shop for Transcription Service because it serves its customers with a wide range of business transcription needs. Starting from board meetings, conferences and speeches to one-on-one interviews, the company supplies its customers with all sorts of transcribing solutions. Apart from providing solutions for business transcription needs, the company also specializes in providing transcription services in other areas like media transcription, legal transcription, academic and medical transcription.

Other strengthening factors of Bizscribes’ services which have contributed toward its high esteem are time and money. Transcription is not at all an easy task and the main reason behind it is the time factor. It is so because the turnaround time of Business Transcription is very short and hence it is important that the company must keep its resources well planned. Bizscribes makes sure that it is ready to encounter with all sorts of transcription challenge and deliver the results within the desired turnaround time of the customers. It makes sure that the clients do not have to compromise in the service levels and the results are delivered with utmost accuracy.

This one stop shop for transcription needs also provides dictation services and it has a wide range of dictation services which range from standard telephone to PC-based software to digital voice recorders. Now it even provides dictation solutions for Smartphone’s like iPhone and Blackberry. This customer-focused company has built its reputation for providing high-quality, comprehensive and cost-effective transcription services. 

About Bizscribes Inc.


Bizscribes Transcription Service is a leading provider of quality and accurate business transcription services at affordable prices. Your transcription needs could include meetings, conferences, speeches, one-on-one interviews, board meetings, etc. Get accurate transcription within the timeframe that best suits your business transcription needs. We also transcribe board meetings and calls to analysts for quarterly and annual performance.

For additional information, please visit http://www.bizscribes.com

Media Contact (Bizscribes)
Rob Byer
rob.byer@bizscribes.com

Bizscribes
12806 Townepark Way
Louisville, KY 40243-2311
Ph: 502-400-9374
http://www.bizscribes.com
http://www.mediscribes.com

Copyright © 2009. Bizscribes.
Bizscribes is a registered trademark. All Rights Reserved.