Hassle-free ICD-10 Medical Documentation with Medical Transcription Services
The new stringent documentation requirements can be successfully met by utilizing outsourced medical transcription services.
MEDICAL TRANSCRIPTION SERVICE COMPANY 8596 E. 101st Street, Suite H Tulsa, OK 74133 Phone : 1-800-670-2809
Though the ICD-10 transition deadline is gone by, you cannot say that every hospital and physician practice is ICD-10 savvy yet. ICD- 10 coding system that has an increased number
of
codes
(with
more
specificity)
requires
accurate and
comprehensive
documentation. Considering how busy healthcare facilities and providers are, the new stringent documentation requirements can be successfully met by utilizing outsourced medical transcription services. The Increasing Demand for Medical Transcription According to HIMSS (Healthcare Information and Management Systems Society) analysis, the number of hospitals that outsource their transcription task has doubled during the period 2010 to 2016. In 2010 the number of hospitals that outsourced transcription was around 1000 which has gone up to 2100 in 2016 and is expected to grow further in the future. Many EHR systems are not capable of capturing each minute detail of documentation, which makes medical transcription necessary. When the electronic health record system is difficult to use and the providers are busy or overworked, this problem worsens. A dedicated medical transcription company can help improve healthcare documentation and also ensure more accurate medical billing by complementing computer-assisted coding tools. Reliable third party vendors ensure complete accuracy in the documentation within a short turnaround time. Transcription service acts as a bridge between physicians and ICD- 10 by giving detailed coding. These agencies offer accurate medical transcripts after thorough review and quality checks. The transcribed notes are sent back to clinicians where they are reviewed again to fill any documentation gaps. This helps physicians to spend more quality time with patients rather than spending their time tussling with electronic templates. When the medical notes are more efficiently transcribed, coders have more details to work with and therefore the claims submitted to insurers will be more accurate. ICD-10 requires the physician notes to be transcribed with more specificity and accuracy, which increases the need for professional transcription services. Benefits of Outsourcing A reliable medical transcription outsourcing company can handle huge volumes of medical documents and help healthcare units provide quality care to the patients. Hiring a good transcription service provides following benefits: 
Automated coding tools are efficient, but these can only code what is documented and if the physician documentation is ambiguous or incomplete they will falter.
www.medicaltranscriptionservicecompany.com
1-800-670-2809
Since ICD-10 requires more details and specificity, dictation is a more efficient means of physician documentation allowing physicians to provide more details. It will also give them more quality time with the patients while the transcriptionists take care of the documentation.
Hospitals and healthcare practitioners can save costs by hiring a good transcription service as they don’t have to spend money buying advanced technology and software.
Transcription services are provided by skilled transcriptionists who ensure complete accuracy in the medical records. They also have multilevel quality checks to make the transcripts error-free.
They offer customized turnaround time in keeping with the client’s requirements.
Medical transcription and medical transcription services continue to be important requirements in the healthcare industry, providing streamlined medical documentation while also making available all required information to coding professionals to code and bill with great accuracy and specificity in keeping with ICD-10 requirements. Medical transcription can be efficiently integrated into individual EMR systems and workflows, which will lead to improved cared quality as well as increased revenues.
www.medicaltranscriptionservicecompany.com
1-800-670-2809