As a physician in a smaller medical practice, you may be wondering if you need medical transcription services. Before you decide to hire an in-house transcriptionist or work with an outside service, you should understand that there are several reasons to work with a contract agency for your transcription needs. Here are a few benefits of contracting an outside service.
Contract Services Minimize Your Costs
When you hire in-house transcription staff, you'll have to pay for the overhead costs associated with that position as well. From the office space to the employer taxes and benefits, this can add up quickly. Unfortunately, those additional costs can put your office in a financial bind, especially if you are just starting out.
Hiring transcriptionists through a contract service can eliminate many of those costs. You will pay a flat fee for the services that you use, which means you are only paying for the hours when they are actually producing work for you. WIthout the additional costs, you can put your revenue back into the practice to help it grow.
Comprehensive, Accurate Records
A contract service that offers medical transcription often has an established infrastructure for you to access all of your patient records and information. This makes it much easier for you and your staff to get to the data that they need. The transcriptionists will accept audio in a variety of formats and turn those files into text documents that are searchable and easily indexed for future reference.
In addition, you won't have to worry about accuracy issues. While accuracy can be difficult to guarantee with an in-house staff, especially during the training phases, an outsourced service will provide you with an accuracy guarantee in most cases. This allows you to have confidence in the accuracy of your records when you're referencing them for patient care.
Timely Project Completion
Especially if your small office budget doesn't allow for you to hire more than one transcriptionist for your in-house staff, working with an outsourced service can help you to ensure timely turnaround on your work. Most of the outsourcing services have many transcriptionists on staff, which means that you'll be more likely to get your records completed quickly. There's no worry about overwhelming your existing office staff, nor will you have to be concerned about having the information when you need it for patient follow-ups.
These are a few of the reasons why you should consider hiring an outsourced medical transcription service instead of working with in-house staff. Talk with a local service today to see what else they can do for you.