True Value of a Medical Transcript
A real concern in the transcription industry is that many prospective clients are more concerned about gettiing the lowest possible bottomline price for a transcript, rather than receiving the highest quality transcription available. I have recently seen requests for transcripts at as low as 40 cents per audio minute , or 4 cents a line. Even in devevloping nations, this is not a viable price for transcription. Even extremely small companies, operating from their homes cannot afford to offer less than 8 cents per line for quality work and that is a bargain !
You get what you pay for – even in the transcription industry. Prospective clients should realize that the quality you receive, and an appropriate turnaround time (typically 24 hours) are much more important issues than the price you pay. At Health Information Services, Inc, we offer some of the most competitve prices in the industry – but our primary concern is quality.
New trends in Medical Transcription
As 2008 draws closer, this is a good time to muse about the use of EMR and speech recognition as compared to more traditional transcription services. Although Health Information Services, Inc. does support the integration of transcription into client EMRs in a variety of formats, we do not currently support speech recognized text.
Often seen as an alternative to traditional transcription, recent products have been moderately successful. Dragon’s Naturally Speaking Medical Version 9 provides an easy alternative for those dictators who bring clear accents, good enunciation and reasonably paced speech to their dictations.
However, Dragon is not very useful for the majority of physicians who race through their dictations,often multitasking at the same time and interrupting the dictation to review their notes. Speech recognition is not yet ready for adoption by the masses.
Medical Transcription Services
Health Information Services, Inc. is a medical transcription company based in Newton, Massachusetts. The company was established in 1998 and currently serves individual physicians, clinics , group practices and hospitals in 22 US states. We have coverage nationwide in the United States. The company expanded in 2005 to serve the United Kingdom and Canada.
