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Outsourcing Transcription Services Company is one of the leading providers of medical transcription services to healthcare providers. We provide medical transcription services to hospitals, practices and individual doctors. We offer medical transcription services with the highest quality and lowest turn-around-time. Outsource medical transcription services to us and save up to 40% - 60% on your medical transcription cost. Get free trial offer to familiar with our medical transcription services.

Medical transcription encompasses transcribing the spoken word of the patient's care information into a written, easily readable form. Medical transcription requires correct spelling of all terms and words, correcting medical terminology or dictation errors. Medical transcriptionist also edits the transcribed documents, print or returns the completed documents in a timely fashion. All transcription reports must comply with medico-legal concerns, policies and procedures, and laws under patient confidentiality.

Our medical transcription services are extremely cost-effective and high-quality, while maintaining a very short average turnaround time. Our medical transcriptionist services are very secure and are compliant with the Health Insurance Portability and Accountability Act (HIPAA).

Our Medical Transcription Services includes:

• Radiology Transcription
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Transcription process at Outsourcing Transcription Services makes sure that each and every report taken up for transcription by the company is meticulously transcribed by trained medical transcriptionists, proofread by experienced editors, and finally the quality is assured by a team of experienced QA's and Doctors.

• Expertise in interfacing medical reports into any available EMR
• Medical Transcription services cost, save up to 60%
• Consistent quality reports
• Turnarounds on request
• Assured confidentiality & security
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Our medical transcription service is affordable and perfect for individual doctors and clinics. Our medical transcriptionists are a challenging task that requires outstanding execution skills. Our experienced medical transcriptionists and proofreaders provide you ample support and accurate solutions for your office work and guarantee that you have enough time to attend your patients.

Article Source : http://outsource-medical-transcription.blogspot.com/2009/10/medical-transcription-services-at-low.html

The Long Tail of the EMR

In the fall of 2008 I had the opportunity to do some research on the, then dormant, EMR marketplace. The results came as no surprise. Most physicians did not have an EMR and were not interested in adopting an EMR due to cost and usability barriers.

Much has changed in one short year. Spurred by ARRA and its HITECH portion, there is a renewed interest for technology in the physician community. Some of it came from the promise of stimulus funds and some stems from the perceived inevitability of the need to have technology in one's office. There is no feverish anticipation of the great things an EMR will bring to a medical practice. Instead, there seems to be a somber resignation to the upcoming demise of a trusted friend: the paper chart.

On the other side of the market, vendors are gearing up for 2010. Since stimulus funds are supposed to begin flowing in 2011, the coming year is crucial to most vendors. There is a palpable sense of urgency for capturing market share before it is too late, and all physicians have made their choices. After all, once a physician buys and uses an EMR, changing vendors is not an easy proposition. Transferring clinical data from one EMR to another is practically impossible and the costs of change are high.

The HIT news is chockfull of announcements of mega deals almost every day. Mergers and acquisitions are rampant. Vendors are signing multi million dollar deals with large hospitals, medical organizations and regional healthcare groups to provide EMRs to affiliated physicians. At this point in the game, there are two vendors clearly ahead of the pack in the ambulatory market: Allscripts and eClinicalWorks. It is likely that the next months will add a few more contenders for large chunks of market share, most likely athena, NextGen and probably GE. These large corporations, most of them public, are very well poised to capitalize on the ARRA stimulus. They have the marketing power, the infrastructure and the ability to forge business agreements with equally large distribution partners that will lead to significant sales through 2010 and 2011.

However, the ambulatory EMR market has a very Long Tail.

Granted, the EMR market is not a consumer market per se. It has a finite size of a few hundred thousand customers and once a customer buys one EMR, it is very unlikely that he/she will be buying another one for at least several years. However, certain aspects of Chris Anderson's Long Tail theory still apply to the ambulatory EMR market.

Examining the current state of EMR adoption reveals that a handful of products are used by many physicians, while hundreds of others are used by very few, and some homegrown EMRs are only used by their creator and maybe friends and family. These hundreds of small to tiny products are the Long Tail of the EMR market and the tail has been getting longer and longer ever since HITECH became law. Unfortunately for small vendors, the tail has been also getting narrower at most points, and many existing small businesses, as well as new entrants, are hurting.

Few medium size vendors, in the thicker part of the tail, have been around for a while and are no better and no worse than the large players. Their survival will depend on finding ways to manage costs down and identify niches where they can provide unique service.

Then there are the newer web based, or internet based, EMRs. Most have price points significantly lower than the popular products. Unfortunately, the product quality in this group is not superior to the large EMRs. These vendors are most at risk of being wiped out by the bigger, better funded competition, who is also exploring the “cloud” based paradigm.

The homegrown products will likely always exist and serve the limited market they were designed to serve, with no major effect on the overall EMR market.

And then there is the exciting part of the tail, the part where innovation occurs. Tails are much better suited to breeding innovative solutions and the EMR Long Tail is no different. The tail contains several open source products that grow and innovate based on active user participation and distributed development efforts. These are worth watching. Other residents of the tail are attempting to formulate novel business models based on aggregation of smaller software packages, such as electronic prescribing, registries and patient connectivity. Some of these companies are veteran portal service providers adding new service lines to meet government regulations. DocSite, RelayHealth and Quest 360 are just a few. Others are trying to create entire platforms on which interchangeable software service providers can aggregate their wares. And then there is the entire Health 2.0 phenomena attempting to bring consumerism to health care, but that deserves its own separate analysis.

The takeaway for small vendors in the EMR space is that one can create a very profitable business in the EMR Long Tail. Physicians are not a homogeneous group of customers and it is very unlikely that that the utilitarian large EMR vendors will be able to satisfy the majority of the market. Multiple niche opportunities already exist in providing services tailored to particular medical specialties and various practice models, such as medical homes, concierge medicine, telemedicine, micro practices and more. More niche opportunities will be created by physician work-flow preferences and proliferation of non-physician providers. Tail companies that learn how to answer the needs of these niches by providing high quality solutions, while keeping costs of customization and service to a minimum, will thrive.

Since in the software world nobody stays on top for very long (except Microsoft), a disruptive enough technology breakthrough will eventually occur and the EMR market will be irrevocably changed, and the change will likely be brought on by someone from the Long Tail.

Article Source : http://www.thehealthcareblog.com/the_health_care_blog/2009/10/the-long-tail-of-the-emr.html

EMR Software Offering Transcription Services

A great benefit that substantial EMR software can offer is integrated medical transcription software – and the associated cost savings it will bring. Many doctors in solo or small practices spend a lot of time and money on (a) writing their notes on paper charts for patients and (b) on a medical transcription service or using a dedicated person to get those notes into a decent format and on disk. Letters have to be sent to the patient and to other doctors for referrals, and to insurance companies. Poor medical transcription, of the lack of efficient medical transcription, can cost a medical practice a lot of money for a number of reasons:

1. Medical notes and correspondence are the face and the front desk of the medical practice to patients, other doctors, insurance companies, and government agencies overseeing Medicare and Medicaid. A poor and inaccurate job on notes and correspondence will mean slow turnaround in claims processing as well. The inability to quickly access patient notes will also cut into a practice’s ability to counter claims denials. Sometimes an insurance company will audit a doctor’s claims and call his decisions into questions. Medical transcription software linked to a good EMR can save the day in such situations.
2. Medical practice management software / EMRs can shave a salary – or half a salary — off your expenses by automating your transcription. If you have an in-house person spending much of his time on your notes, good medical software will free him to work on other practice management functions.
3. In addition, paper correspondence calls for lots of square footage to house those charts and letters. Renting space is expensive, and not needing to pay for the extra storage space can be a significant savings as well.

Many EMR packages contain excellent medical transcription software, or allow interoperability with well- known medical transcription packages. If you already have good transcription software and do not want to lose it when you purchase an EMR, talk to the EMR vendors about interoperability. If the medical transcription software and / or medical billing software you are using are supported by reputable vendors, there is a good chance it can be integrated with your new EMR system.

Here are some valuable features to look for in medical transcription software:

• Speech and voice and speech recognition software has been used for medical transcription for many years. This can save literally hundreds of hours of work per year for a doctors office. After a little practice, turnaround time for medical dictation is almost instantaneous.
• Good medical transcription software usually comes with a medical dictionary and spell checker, to save time for accuracy checks
• Many software utilities that come with medical transcription software are HIPAA compliant, and are thus suitable for using to send files to other computers and to insurance companies.
• Electronic signature software allows for signatures and audit trails for those signatures. Pulling files for signatures becomes a trivial matter with signature software and electronic notes to post them on.
• Time and date stamps for notes and letters make for good audit trails, reporting, and HIPAA compliance.
• Management reports to handles the status of medical correspondence. Monthly reports, status of dictated files, etc.
• HIPAA compliance for notes, which means encryption features and backup and security procedures are in place.
• Interoperability with handheld electronic devices such as PDAs, as well as laptops and notebooks
• Electronic attachment of transcribed reports to a patient’s Health Record
• Searchability of all documents: letters, notes, and prescription records
• Predefined templates for letters, prescriptions, and other correspondence make for major time saving

If you are about to buy medical software, make sure you invest in an EMR that has good transcription software or supports the use of good transcription packages. Read the reviews, talk to other users, and have a vendor demonstrate the software along with a prepared list of questions to ask. And be sure to try it yourself before you buy. Good medical transcription software can make a real difference in the bottom line for your practice..

Article Source : http://www.medicalsoftwareguides.com/2009/09/emr-software-offering-transcription-services/