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Medical Transcription Charges

Mar 21, 2008
There are of course, numerous charges in the medical field that we as the patients are often wary of, and quite frankly, hurt by. However, on the opposite side of the spectrum, in order to provide the population with reliable and dedicated healthcare, hospitals and physicians have to bear the burden of many costs as well. Everything from malpractice insurance to the services of medical transcription and transcription companies can send our healthcare bills spiraling upward. In this continued trend, it is good to know how these medical transcription companies are charging hospitals and doctors for these valuable services, and most importantly what this means to you as a consumer and patient.

Different medical transcription companies will charge varying prices for the exact same jobs. In order to receive a quote from a company which you is feel is most fair and competitive with the others, you have to always do your research. Find out first how much a company will charge you to perform their services. Furthermore, ask for recommendations from others who have used their services to assure that you are receiving the most prompt, efficient, and reliable service that is possible.

Many medical transcription companies may charge based on the document. For example they may designate a set price for the completion of one patient record up to a specific number of words; from there the charge may go up based upon how many words over that set limit which are used. In short, a medical transcription company may charge the same thing for dictation that is five words long or fifty.

Medical transcription companies may also charge medical practices based on how many words or even keystrokes there are per document that they are given to transcribe. This way of charging those in the medical field can be a great price break for those who tend to be succinct and stick to the point. However these costs can skyrocket with patient records which require a great deal of detail and include documentation that is very explicit and detailed. But since we all hope our medical records are this clear and precise, no one should complain about the time and effort that it takes to get these just right.

In an effort to curb some of these out of control transcription charges, many in the healthcare field are choosing to use outsourced medical transcription services. These services which are outsourced can certainly reduce the amount that one is charged for having his or her dictated records transcribed. But one must be careful to determine that the service which they find to use is reputable and has a good track record for precision and accuracy.

The out of control healthcare costs which many of us are facing today can place a huge burden on us financially. That is why it is so important that our healthcare providers have just the right services to back them up. This means a medical transcription company which charges honestly and fairly. This is just one of many ways that the healthcare industry can come together to ease a little bit of the financial weight facing patients in America today.
About the Author
TransDyne is the new standard in digital medical transcription service and electronic charting. TransDyne utilized its extensive background as an information technology company to develop a system that electronically receives/sends dictations and medical transcriptions over the Internet to save time and money. Visit http://www.transdyne.co Transcription Service
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