The new stringent documentation requirements can be successfully met by utilizing outsourced medical transcription services.

1. 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
Hassle-free ICD-10 Medical Documentation with Medical
Transcription Services

2. www.medicaltranscriptionservicecompany.com 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.

3. 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.