How Does Your Medical Transcription Company Calculate Cost?

When your hospital or medical office makes the choice to find a transcription company that can manage the task of medical transcription, there are a number of different things that you should be looking for. First, you want to be absolutely certain that your outsourced medical transcription information is secure; you want to know that the transcription company that you work with is HIPAA compliant and that they take every possible step to ensure that your patients’ files and information are secure. Then you want to be sure that there is no risk that you will be overcharged for the transcription work that is done for you.

Some medical transcription companies look at the work that you send them as simply money in the bank. They quote you a fee based on the page - but what they don’t tell you is that there are factors that can affect the amount of information that fits on the page. They aren’t clear about the size of the margins on each page, what font they’ll use or how many lines fit on the page. The same concerns arise if the transcription company that you use charges by the report: whether your report is