Medical Transcription OutsourcingJune 10th, 2008 by Jason Stollham |
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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. That’s why the qualified and well equipped yet cheap South East Asian resources are utilized by the Western Countries so that the cost would be less and one other hand the resource would be 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.
There are numerous controversies regarding the outsourcing process.
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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.
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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.
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Lack of Accuracy: The lack of accuracy in transcription may cause serious disaster since there may be an error in patient diagnosis. This may create a serious havoc and wrong diagnosis may eve result in the death of the patient. Therefore, outsourcing medical transcription is not accepted by some political wings of the United States.
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