The Future of Medical Transcription

The Future of Medical Transcription

If you have been a part of the medical transcription industry for a reasonable amount of time, you must have heard numerous debates on the future of this profession.

There are those who believe that medical transcription is a dying industry. As digitization takes over our lives, can anyone be blamed for thinking this way? However, before you jump the gun and give medical transcription as a career option the cold shoulder, here’s some food for thought: 

The Bureau of Labor Statistics projects good job options for certified medical transcriptionists over the next few years.
The employment of medical transcriptionists (MTs) is expected to grow by 11 percent through 2018.1

While the figure is not something that will make you jump for joy, it does reflect that the demand for MTs is not drying up.

The biggest reason, according to the Department of Labor, for this continued demand for health documentation professionals is the growth in the number of Baby Boomers reaching retirement age.

As more and more people in the country start turning grey, there will be significant increase in the healthcare procedures related to old age that require proper documentation.

So, the bottom line here is that medical transcription as an industry is not going anywhere, at least not in a hurry and not in the foreseeable future.

Challenges to Medical Transcription

That was the good news and now for some bad news. The truth of the matter is that medical transcription, as it stands today, does face some challenges and serious ones at that.

The entire healthcare industry is moving towards the Electronic Medical Records (EMR) environment. There is a school of thought that believes that with more and more healthcare businesses adopting this technology, the need for medical transcriptionist is going to nosedive.

With all due respect to the doomsayers, there was a similar hue and cry when the speech recognition software was first introduced. However, what this medical transcription software did was create a demand for medical transcription editors.

Medical Transcription Editing

Everyone knows that the speech recognition software is far from perfect and most doctors can’t be asked to put in the effort required to train it or the time needed to correct the flaws in the final product. The job, therefore, of reviewing and editing these documents that have a lot to be desired passes into the hands of MTs with advanced medical transcription skills that include editing and proof reading.

Similarly, even though the EMR system outwardly threatens to decrease the demand for medical transcriptionist, the optimists amongst us believe that the percentage of doctors who make a full transition to the EMR systems will be small, at least to begin with. They will still require medical transcriptionists to continue to serve as their eyes and ears and interface with the EMR system on their behalf.

So, what it may actually boil down to is MTs having to embrace the changing technology and add skills such as medical transcription editing that make them more efficient and productive. There is also hope that the EMR system may create support roles that flow naturally into the laps of medical transcriptionists who learn to keep pace with changing times.

Now it’s up to you which side of the fence you want to sit on. The side from where the future of the medical transcription industry seems bleak at best or the side where you see hurdles, but also the means to get past them!

 

 

Nancy is a 35-year old stay at home mom of two. She worked as a medical assistant for five years before taking a break to be with her children. Her experience as a medical assistant gave her valuable insights in to the medical billing and coding industry, which she likes to share with others through her writing. Medical billing and coding programs often find mention in her writings. Her expertise in Medical billing and coding training stems from her extensive research on the subject.

Her other interests include gardening and baking. She stays with her husband and two daughters.

Medical transcription companies maintain deadlines

Medical transcription companies maintain deadlines

There is an increase in the demand for maintaining accurate patient’s files; therefore the number of medical transcription companies that offer reliable and cost-effective medical transcription services has also increased drastically. These medical transcription companies are of great use as these companies can help you right from the time the dictation capture is done up to the proper document distribution.

Hiring the support of the Medical transcription companies helps you a great deal as these company deals with providing you the digitalized documentation with zero errors that is they provide you with the accurate results. There are other benefits such as saving the money that you have to spend on the daily transcribing needs. You can even eliminate the overhead expenses such as paying for the extra labor that you would have to pay for if you started with an in-house medical transcription.

There are various other factors such as your time consumption reduces and you can focus more on the key elements that you are required to deliver as a healthcare organization-efficiency in patients care.

Most of the Medical transcription companies are known to deliver their work that is superior in quality as well as accurate. You can know of these companies by removing an overview of their background form the market itself. This helps in enhancing your reputation as a health-care institute because if you rely on these medical transcription companies and they fail to support you then you can be in a mess whereas if you have good support from them then automatically your image gets enhanced.

The Medical transcription companies have a team that is specialized in all sorts of these works therefore if you are able to hire a good team then automatically you can be sure of getting a good work done that is of higher quality and therefore be sure of providing your patients what they require from you as well.

The expert team that is there with these medical transcription companies are well-versed with the latest technology and soft ware’s and they are even familiar with the medical terminologies.

There are many reliable and cost-effective medical transcription companies that undertake the transcription of various medical reports and give accurate data. They provide reports that are related to operation, cardiology or a patient’s discharge summary is also prepared by them. History of the patient and their physical examination reports, medical evaluations and other reports are provided by the companies.

There are other services as well that is provided by the Medical transcription companies that are:

99% accuracy of the reports.
There are 3 levels of quality assurance.
They have an automatic electronic report distribution.
24 X 7 customer service is provided.
There is confidentiality of data.

These are just some of the services that are offered by the company. It becomes very tough for a healthcare institute to select on a Medical transcription companies but the best way is to see the years of experience that they have.

Acroseas is a global provider of Transcription services & has been providing top-of-the-line transcriptions services to our clients worldwide. For more info – please log onto www.acroseas.com

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