MTS Transcription Services (MTS) recently issued a press release on how medical transcription outsourcing is beneficial to physicians.

The press release listed out a number of medical transcription outsourcing services features, namely:

• Automated electronic report disctribution
• Document flow management system
• Electronic medical record solution
• Web-based file transfer
• Digital handheld recorders
• Customizing and maintaining EMR
• Secured FTP (File Transfer protocol) with an FTP software package
• Retrieval of completed records using a secure VPN (Virtual Private Network)

In addition, the press release touched upon multiple benefits that medical transcription services offer physicians:

• Reduces overhead costs
• Quick turnaround time
• Complete data security
• Savings in costs – up to 40-60%
• Assured data quality
• High level of accuracy
• Confidentiality of data
• Reduce capital costs of infrastructure
• Availability of services 24/7
• Improve office effeciency
• Ability to create backup copies of patient records

NOTE: If the MTSO works with a medical transcription factoring firm, the medical transcription service can offer extended payment terms to the physicians they serve.