The Benefits of a Transcription Service for a Legal Enterprise

The various revolutions in technology are aiding different industries to maximize their work and minimize their overhead costs. A transcription service is one such offering of the modern technology. Legal firms or practices around the United States are benefiting from outsourcing their work to transcription providers. This helps them to ease off the complicated documentation involved in the various services they offer to their clients.

Let us understand the various advantages the process of transcription offers to those in the legal industry,

Helps to reduce time - Most legal records require meticulous documentation since a single error can affect the course of a judgment. The transcription of legal documents in to legal records helps to save up time on the paper work and allows the legal enterprise to focus on its different cases and other important functions.

Savings on resources and infrastructure - Any legal expert of a legal service has to spend hefty amounts of money on utilities, software, workforce, infrastructure and real estate. These overhead charges may eat in to the profits of any business. The Transcription Service is useful as it helps to eliminate the need of extensive infrastructure as well as resources to maintain legal documents.

Increases efficiency and productivity - The service of legal transcription helps to increase the productivity of an enterprise as it eliminates tedious workload. Outsourcing especially to a different part of the globe is useful as the records are transcribed in the non-working hours and could be delivered next day with ease. This results in updated records and organized work that contributes to increasing the efficiency of an enterprise.

High quality of work - Most transcription services ensure high quality of work with accuracy and timely delivery. Most transcription services involve multiple levels of proof reading in order to ensure accuracy. They may have teams of transcribers, editors, quality controllers and legal experts who thoroughly check the work before it is sent to the client.

Saving money and gaining competitive edge - Most transcription services have reasonable prices that help a legal enterprise to cut down on its costs. In today’s market cutting down to the costs translates to staying competitive in the market.

The Transcription Service is highly useful as it helps a legal practice to redefine its working and increase it levels of productivity. Visit http://www.nyctranscription.com/ for details.

The Reasons that generates the Demand for a Transcription Service

The advancing technology has offered various alternatives for small and large organizations to boost productivity and decrease costs in the competitive world. Transcription services have helped to bring about radical changes in various industries by helping them focus on their core function. A transcription service in simple words can be described as the conversion of speech in the live or recorded format in to text format for various official documents. There were no documentation systems available in the yester years and it involved cumbersome procedures such as short hand being used by the various assistants and secretaries. These transcription services are easily available over the internet in the form of various providers.

Let us understand the reasons transcription services and its outsourcing are becoming famous,

1. Transcription is cost effective procedure that helps to save money for any small or big organization, as it is available at competitive rates, lesser labor and training costs. Along with this it prevents any extensive expansion costs involved in equipment for maintain records.
2. Transcription facilities help an organization to leverage on the vast amount of experience and expertise present in the global markets.
3. Many companies have outsourced their work to other geographical locations that gives them an added advantage. This means that the work is downloaded, transcribed and sent over to the client before the beginning of the working day.
4. Most transcription companies adhere to the various privacy policies for instance medical transcription requires adherence to Health Insurance Portability and Accountability Act of 1996. The work is quality checked through various quality check procedures that involve editing, proof reading and reviewing of medical records.
5. Along with a reduced infrastructure, a Transcription Service also has the advantage of decreasing the responsibility of an organization for training and administration.
6. Some industries could be affected by the seasonal fluctuations such as the health care industry that may result in being understaffed to meet the rush of patients. The outsourcing of the transcription services help to reduce the workload of the facility.
7. Transcription services help to reduce the paper work by providing an efficient record management system to help to increase organizational productivity in the longer run.

A Transcription Service is useful for any organization as it is not only affordable but also helps to enhance productivity. Visit http://www.nyctranscription.com/ for details.

All You Want to Know about Different Kinds of Transcription Services

Transcription is one of the biggest offering of technology, which has reduced copious amount of work and brought increased levels of productivity in every field. The modern age transcription services have efficiently replaced over-burdened secretaries, who used shorthand and transcribed these notes on the typewriter later. Today’s digital transcription services involve listening to spoken words and using a word processing document to type them.

Let us understand the various facets of Transcription Services better -

Corporate transcription: This type of transcription is generally aimed at business needs such as general correspondence and business meetings. The different transcribing services provided under corporate transcription include financial reports, business meetings, sales reports, annual meetings, press conferences and investor relations. These transcription services are generally provided to corporations, financial institutions, production companies and advertising firms.

Legal transcription: The enormous amount of paper work in the legal services can be confusing and maintaining it can be tiresome. Outsourcing legal transcription services helps to increase productivity along with easy backing up of relevant data. Legal transcriptionists are trained in legal terminology and legal formats, which helps them to handle the process of voice diction efficiently. Legal transcription services facilitate to transcribe letters, motions, summon notes, sworn statements, wire tapes, testimonies, arbitrations, court proceedings, police interrogations, legal pleadings and other briefs.

Financial Transcription: Strong accuracy and a good understanding of financial operations are essential in order to provide financial transcription work, devoid of any errors and quality work. Financial world transcription services are generally for annual meetings, business surveys, company reports, financial reports, investor relations, talks, seminars, breaking news and interim results.

Medical Transcription: Various medical organizations, medical facilities and pharmaceutical companies hire the services of medical transcriptionists. Medical transcription is carried out for various specializations such as nephrology, cardiology, hematology, oncology and medical expert witnesses for making patient summaries, outpatient notes, dissertation, medical correspondence and expert witnesses to name a few. Accuracy and an in-depth knowledge in the concerned specialty of medicine are essential in order to deliver error free transcription results.

Any Transcription Service helps to increase the overall productivity of the work so that an organization can focus on its core services. Highly trained transcriptionists and error free results makes it a highly sought after service. Visit www.nyctranscription.com for different types of transcription at reasonable rates and quality services.

Medical Transcription Service - Its Process and Advantages for Healthcare Facilities

A normal day at any health facility involves checking thousands of patients and providing them with quality treatment services. However, there might be some procedures common to various types of specialists such as Anesthesiologists, Surgeons, and Radiologists. If the work of these specialists becomes coordinated, it can help to save precious time and ensure better services. A medical transcription service is the perfect answer for bringing this co-ordination in the form of electronic medical records that could be accessed by different medical facilities and professionals.

Process of medical transcription
The medical transcription process involves the healthcare professionals dictating their diagnosis, advice and treatment speeches in to recording device like a digital recorder. Some transcriptions services also accept recorded cassettes or the MP3 format. These forms of recorded transcription are then forward to the transcription provider for their conversion in to electronic medical records. Any Transcription Service takes an added initiative in order to ensure privacy in the transcription process as critical patient data is involved. This involves features such as file transfer protocol along with secure socket layer technology in order to protect the data. After the completion of the transcription process, the information is returned as word files in formats such as pdf or in a format requested by the client. The various methods of delivery include encrypted email, fax, custom software and FTP.

Saving time and effort with a good provider
It is important for a medical facility to choose a company that adheres to Health Insurance Portability and Accountability Act (HIPAA) and Health Information Technology for Economic and Clinical Health (HITECH) acts. Any medical facility can benefit immensely by the use of transcription services as it helps to reduce the costs incurred in infrastructure and the maintenance or training of the healthcare personnel. It has been estimated that almost 40 to 60 percent of the costs involved in maintaining records is eliminated by an efficient transcription services. A growth of the healthcare industry has triggered the need of cost effective solutions in the highly competitive markets. Transcription services should render the turnaround of 2 to 48 hours of turnaround time for any assignment along with a facility to deliver various assignments on a priority basis.

A medical Transcription Service simplifies the functioning of the healthcare operational system. Visit http://www.nyctranscription.com for a comprehensive range of transcription services at reasonable rates.

Let us understand the functioning of a Legal Transcription Service

“A transcription service is a business, which converts speech (either live or recorded) into a written or electronic text document. Transcription services are often provided for business, legal, or medical purposes. The most common type of transcription is from a spoken-language source into text such as a computer file suitable for printing as a document such as a report.”

The above lines are the definition provided by Wikipedia for transcription services. These services are rapidly simplifying the functioning of different types of industries with their futuristic alternatives. Legal Transcription Service is an important form of transcription being utilized by various legal firms. Legal records should be grammatically sound as a single mistake can compound to a larger issue that may affect the outcome.

Legal transcription services can help legal entities to lessen their workload
Most Legal services have an enormous amount of documentation that covers every service they provide. In longer runs, this extensive documentation can hinder the productivity of the firm. Organization and management of the legal reports tends to become easier if the firm outsources their core legal documentation tasks. Valuable time and effort is also saved with the help of these services, as a firm focuses on its core competencies that result in an increased productivity. Back office expenses such as those involved in workers is easily eliminated. The higher productivity also results in a constant updating of the records of the firm.


Accurate transcripts for all types of legal records
Legal transcription services employ different types of professionals such as proofreaders, experienced editors, transcriptionists and other technical staff. The staff at these services is well versed with the various aspects of the legal system. Legal transcription services provide services for motions, sub peons, letters, court tapes, client tapes, preliminary hearings, sworn statements, legal examination, interviews, briefs, reports, jury instructions, testimonies, arbitrations, police interrogation and legal proceedings. Advanced dictation equipment and state of art technology is used for delivering efficiency and accuracy of these services. In order to ensure accuracy these reports are reviewed at different levels by proofreaders, legal experts and editors before being delivered to the client. Transcribed files are delivered in the desired format to the client.

A legal Transcription Service provides reasonable solutions for enhancing the productivity of any small or large organization or business. Visit http://www.nyctranscription.com for further details on this service.

What things should be considered while seeking the Services of a Medical Transcription Provider?

Technology is becoming smarter and efficient in order to encounter the inherent problems of different industries. A transcription service is a revolutionary technological offering as it helps to decrease the workload of various industries along with reducing the overhead costs. The health care industry is benefitting from the services of transcription, which include compact record keeping, conferences, insurance claims processing and conferencing to name a few. Medical facilities are becoming more cost conscious in this competitive environment. Therefore, it comes as no surprise that they are choosing the advantages of medical transcription.

A healthcare facility should consider the following points before seeking the services of any medical transcription provider,


Turnaround time - This generally implies the time in which medical transcripts are returned back to a medical facility by the transcription company. In most cases, the turnaround time is between two to twenty four hours for any transcription work. Some services may offer a STAT service in which the transcripts are delivered according to the time decided by a medical facility.

Privacy - The Health Insurance Portability and Accountability Act (HIPAA) guides all the medical transcription services on matters that concern the patient’s confidentiality. The service should follow 128-bit SSL security for transfer of information over the internet. A health facility should consider a transcription company that carefully screens its employees and performs regular audits from time to time.

High levels of accuracy - The healthcare industry aims to serve the patient’s health and wellbeing by maintain high quality of healthcare services. Therefore, any medical facility looking to employ the services of medical transcription should maintain high levels of accuracy. This is possible if it has a skillful team of proofreaders, transcriptionists and medical experts that review the transcripts before sanding them to the medical facility. Any errors can result to be fatal for patients; therefore, it is important to ensure the credibility of a Transcription Service .

Sound Quality – The sound quality of the files provided by a medical facility plays an important role in decreasing the charges of their services. Many medical transcription companies charge lesser for files with better sound quality. A medical facility can upgrade its hardware and use equipment such as good digital recorders in order to maintain high quality of sound.

A company that provides medical Transcription Service offers reasonable solutions for enhancing the productivity of any small or large facility. Visit http://www.nyctranscription.com for further details on this service.

Let us understand the Service of Transcription in the Financial World and its Benefits

Is your organization crippling under the enormous paper work that is affecting its efficiency? Then its time it sought the various benefits of financial transcription services. A smooth functioning of any business requires proper documentation of its dealings. Financial transcription services helps to convert important financial documents in audio or video format to text format. A Transcription Service like this requires a comprehensive knowledge about the financial world and high levels of accuracy as important data concerning a financial institution is at stake.

The following section helps us understand the world of financial transcription better,

1. This type of transcription is provided to a variety of financial clients that may include merchant banks, corporations, company doctors, accountants, regulatory bodies, webcast providers, business schools and management consultants.
2. Financial transcription services provide financial transcripts to its clients for company reports, earning calls, breaking news, talks, earning webcast, press conferences, interviews, talks, financial reports, investor relations, interim results and analyst interviews.
3. All major corporations are becoming global with their presence in different geographical location. The accents of a geographical area may differ from another area that may result in lack of effective communications. The financial transcripts are proficient at understanding different accents and transcribe an audio or video document with an immense amount of accuracy. This is helpful in situations that involve interaction between people of various nationalities.
4. Financial transcription has kept pace with technology by accepting client’s data in either digital or analog format and returning the transcribed copies in a format desire by the client. Personalized documents with the company’s letterhead and special formatting are also created by these financial transcription services.
5. In the volatile economy today, organizations would like to cut corners and would like to save up on work force. The outsourcing of financial transcription is useful for organizations as it lets them focus on the important issues of their organizations.
6. Financial transcription services maintain high levels of privacy with Secure Socket Layer technology being used in the transfer of data. Financial data demands high levels of security as it could be sensitive and vulnerable to threats from hackers.
7. The number of speakers and the turnaround time can affect the rates charged by a transcription service. Most services have a turnaround time lesser than forty-eight hours for their services, however they may charge extra in cases of urgent requirements where lesser turnaround times are required.

A Transcription Service with its advanced technological offerings is useful for any small or large financial institution. Visit http://www.nyctranscription.com for further details on various types of transcription services.

An Introduction to Medical Transcription Services

In the definition provided by Wikipedia, “Medical transcription, also known as MT, is an allied health profession, which deals in the process of transcription, or converting voice-recorded reports as dictated by physicians and/or other healthcare professionals, into text format.”
Medical Transcription Services help to simplify the complex web of medical and patient information in today’s times. It meticulously adds the minutest of changes in the patient’s data that further help in appropriate diagnosis and treatment. In the existing competitive climate, most medical facilities outsource their transcription services for efficiency and reduced costs.
Medical transcription involves the use of suitable software to transcribe the various reports that are provided by medical professionals. Let us understand the aspects of this form of transcription,

1. In this type of transcription the data of a patient is stored in the form of electronic health record (EHR) or electronic medical record (EMR).These records aim to make this system of storage organized and provide its access by different medical facilities.
2. These electronic health record (EHR) or electronic medical record (EMR) facilitate an effective communication between the physician and patients. They can exchange relevant information of the patient’s medical condition irrespective of his/her geographical location.
3. These medical records help to facilitate health care by aiming to build an efficient network of organizations that can easily exchange the patient’s records and hence provide better services.
4. Various fields of medicine such as dentistry, Hematology, Infectious Disease, dermatologist, Electrophysiology, Geriatrics, and Anesthesiology benefit from these medical records. Specialty care such as oncology, orthopedics, pathology, periodic care, radiology, surgery and surgery also makes use of these electronic medical records.
5. Medical facilities benefit from these transcribed records by employing lesser staff and saving time to focus on their core functions.
6. Companies that deal in medical transcription provide these records based on turnaround times or TAT’s. The turnaround time for transcribing any medical record could be anywhere from 2 to 48 hours. However, the average turnaround time lies between 12 to 24 hours for these records to be delivered by these services.
7. Most services in transcription ensure extra efforts to maintain the privacy of information concerning a patient’s medical conditions.
8. These services have different rates for their services that may depend upon the number of speakers and the turnaround time that is delivered. Most services generally have higher charges for delivering faster results.

Medical Transcription Services offer their expertise in simplifying the functioning of the health care system. Visit http://www.nyctranscription.com for a comprehensive range of transcription services at reasonable rates.

Transcription Services- Its Types and Demand for Today, Tomorrow and the Future

For converting confidential voice-recorded data of a business or a company in the form of speech, that can be either live or pre-recorded, into a written document file, Transcription Services have become the fastest emerging field in the United States. This form of technological development has proved to be extremely useful in the industries like medical, finance, academic, legal and business.

There are different kinds of transcription software that are used to transcribe the data from files of varied formats like QuickTime, AVI, MP4, MP2, WAV, WMA, in Audio CD’s, DVD’s & podcasts. Few of the leading developers of transcription software are NCH Software, Vocapia, Winscribe and Nuance. With the help of such transcribing utility software, several transcriptionists, voice experts, quality analysts, proofreaders and editors are engaged to deliver the transcribed data to the clients.

The expertise of the workforce of a professional Transcription Services providing company ensure accurate and faster processing of transcription data in the stipulated time. These companies are highly competent in providing the services for transcribing the data with absolute efficiency, accuracy and security.

Now, let us know about different types of transcription and its uses:

Financial Transcription:
The transcription service under this field is utilized by merchant banks, accountants, financial portals, business schools and financial institutions. Financial transcription proves to be of great use in seminars, press conferences, business meetings, annual meetings,surveys, focus groups, financial reports and company reports.

Legal Transcription:
Legal transcription is a high quality work that demands perfect and error-free conversion of data, which mostly contains voice-based court proceedings, depositions, conversations, trials and wire tapes, into text documentation. Even a smallest mistake in a word or phrase can create vulnerability that may affect the direction of any court proceeding.

Medical Transcription:
This form of transcription utility has proved its worth in the fields of medical services. To name a few, medical transcription services are done for several medicinal specializationssuch as nephrology, cardiology, hematology, oncology and for making patient summaries, outpatient notes, dissertation, medical correspondence and expert witnesses. Nowadays, most of the healthcare facilities and medical organizations are actively utilizing the benefits of medical transcription.

Transcription Services has come a long way in the development of global economy and its continuous progress will definitely bring more benefits in future. To know more about transcription related information, please visit www.nyctranscription.com.