Medical Transcription OutsourcingJuly 21st, 2008 by Jason Stollham |
|
In the Western Countries Medical Transcription is extremely essential. This is because of the growing demand of the soft copy record of patients. In a hospital, keeping a lot of medical transcriptionist would not only be difficult, but it would be costly as well.
While there is an excellent knowledge pool available outside the Western Countries, the economists have felt that capturing these cheap resources would be beneficial for their homeland, especially the West. This is the reason why the qualified and well equipped cheap South East Asian resources are utilized by the Western Countries. They save cost and on the other hand the resources are extremely well educated in order to meet the requirement.
In the United States the amount which is earned by the process of Medical Transcription outsourcing is approximately US $10 to $25 billion annually. The figure is gradually going up and is expected to be around 15 percent more in the next year. Delving deep into the reason of outsourcing, one can site the cheap labor in Asian countries compared to the costly labor in the Western world.
Controversies regarding the outsourcing process
- Job Loss: It has been a common observation that US labors are losing their jobs since they require higher rates than their counterpart Asian transcriptionists.
- Less in Quality: Another possible reason against outsourcing is that people who work from their home offices are sometimes less qualified than people who are there actually in United States. The workers who outsource their work may not have the required standard; since they stay at a far away distance there will be less scope for correction and amendment.
- Lack of Accuracy: The lack of accuracy in transcription may cause serious disaster since there may be an error in patients’ diagnosis. This may create a serious havoc and wrong diagnosis may even result in the death of the patient. Therefore, outsourcing medical transcription is not accepted by some political wings of the United States.
Tags: Medical Transcription, Medical Transcription Career, Medical Transcription Class, Medical Transcription Program, Medical Transcription School
Are you ready to go back to school?View All Accredited Online DegreesAre you ready to get started towards improving your future? | Show Me:Associate's DegreesBachelor's Degrees Master's Degrees Ph.D Programs Certificate Programs |
Here Are More Education Resources You May Find Helpful
| |








