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The Truth About Home Based Medical Transcription Work

Here are the truths about medical transcription that you can use as a guide if you are thinking of going into this industry and taking up proper medical transcription training.

1. The medical transcription sector is growing.
This is true. Along with the global increase in demand for health care services, the transcription sector is also growing. As more and more patients require proper health care, the efficient recording and retrieval of patient’s records, analysis and doctor recommendations is becoming more critical to performing fast and accurate service. This caused an increase in demand for well trained medical transcriptionists.
Since technology is the primary platform when doing transcription tasks (connected computers and data access and retrieval), it can be performed in any location as long as those who perform the transcription have fast and dependable way to receive audio recordings, process the recordings to text format and send it back to the source of the audio recordings.
This gives rise to work at home transcriptionists who have dependable internet connection, fast computers at home, and have the necessary transcription equipments.

2. You don’t need to become a certified medical transcriptionist.
At present, a valid certificate is not yet a government mandated requirement when applying for medical transcription job though it is ideal to get certified since it will add to your reputation. On most occasions hospitals and companies hiring medical transcriptionists won’t even ask if you are or not a certified medical transcriptionist. What matters most is you have the proper training and appropriate work experience.

3. Medical Transcription Job requires specialized knowledge.
Some people may say that performing a transcription task is easy and won’t require proper knowledge or can be easily learned. This is wrong. The truth is a transcription jobs require specialized knowledge. Sure, using a computer and word processing software is easy but that doesn’t mean you can easily adapt to the language used by doctors. Converting the audio recordings to its text equivalent will require a working knowledge of all the medical terms, procedures and human anatomy. Most of the audio to be transcribed will contain medical abbreviations, and the transcriptionist is required to understand these abbreviations and medical terms.

4. You need proper education.
Similar to what I mentioned above, a transcription job will require specialized knowledge. So, if you are really thinking of starting a career in this industry then be prepared to take formal training. Proper education is required when you’ve decided to start a transcription career and presently you have two options for training. One is to take the training online (which will allow you to study at your own pace at the comfort of your house). Online training usually take up to 8 months to 1 year. If you want classroom interaction then you can apply for an on-campus training which on average will take you up to two years to finish.

5. Medical Transcription is not a get rich quick scheme.
Just to make sure that we are on the same page, keep in mind that a transcription job is not a get rich quick scheme.
So if on your search for a medical transcription job you bump into an ad that tells you how you can make money overnight with medical transcription even for those without experience and ask you to pay them for a list of where to apply, then it should turn-on a red light.
A medical transcription job is something you’ll have to study for or have years of experience doing before you can apply for available jobs or become a home based transcription professional.

Medical Alert Systems and In Home Care Can Combat Rising Healthcare Costs

A medical alert system can bring children of aging parents the peace of mind of knowing that their parents, who may live alone, can reach help if they experience a fall or other accident. The most common reason for purchasing a medical alert is wanting to make sure that an elderly loved one who is generally able to live independently is able to reach help when they need it. But can this tool for independent living also be a weapon in the fight against rising healthcare costs in the United States?

The population of the United States includes 39 million individuals over the age of 65 as of 2008, and by the year 2030, this number is expected to skyrocket to 72 million, as “Baby Boomers” reach the age of 65.

So, the aging population is growing. The individuals of the “baby boom” generation are reaching senior age, causing the senior population to increase dramatically. Not only that, but healthcare advances have allowed people to live longer; there are many more people reaching their 80s, 90s and even past 100. Those who reach these ages are, on average, suffering a large number of physical ailments and as a consequence, they consistently incur high medical expenses.

More seniors, fighting more physical ailments means a higher healthcare cost amongst our increasingly senior population. In fact, by the year 2030, health care for seniors is predicted to account for 25% of all the nations health care expenditures.

This is where a medical alert system can help. The price of equipment rental and monitoring can be less than $1 per day; a long hospital stay costs much more than that. The longer a senior waits to receive help after a fall, the more complications they will experience.

If a senior citizen falls, and is unable to summon help within the first hour, they are extremely likely to lose their independence, and most in this situation are ultimately placed in nursing homes.

With a medical alert system, an individual can get quick help, which often eliminates the need for a lengthy hospital stay, and prevents seniors from experiencing complications from their fall that land them permanently in a nursing home or care facility.

In conjunction with in-home care provided either by a professional service or a member of the seniors family, a medical alert system can keep an elderly individual out of a hospital, out of a nursing home, and can extend the amount of time in which he or she can live at home safely.

The average cost of nursing homes can top an average pricetag of $83,585/year, or $229/day. A medical alert system rental and monthly monitoring service costs less than $1/day.

While the rapidly rising population of seniors in the United States as well as recent changes to Medicare almost certainly guarantee a drastic spike in healthcare costs, this increase can be slowed. Preventative measures are the key to lowering healthcare costs in the United States, as it decreases the amount of costly emergency care and the many expenditures that come when an individual is no longer able to live in their homes.

Why Even Gifted Medical Students Need to Take USMLE Review Seriously

Medical students who are intellectually gifted and talented often perform individual tasks at a very high level. These students display exceptional memories and learn at a rapid pace. They are knowledgeable about things which their colleagues may not have even heard of yet. But in the USMLE world, a gifted student may also exhibit extreme anxiety more than the average medical student. Here are some truths about giftedness which will further explain why no medical student should deny themselves the opportunity to participate in an adequate USMLE review:

1. Gifted students are often perfectionists and idealistic. They may equate achievement and grades with self-esteem and self-worth, which sometimes leads to fear of failure and interferes with achievement.

2. Medical students who are gifted may experience heightened sensitivity to their own expectations and those of others resulting in guilt over achievements or grades perceived to be low.

3. Most of the gifted students are asynchronous. Their chronological age, social, physical, emotional and intellectual development may be at different levels.

4. Some gifted students are “mappers” or sequential learners while others are “leapers” or spatial learners. Leapers may not know how they got a right answer. Mappers may get lost in the steps leading to the right answer.

5. Gifted students may be so far ahead of their colleagues or classmates that they know more than half of the lesson before the school year begins. Their boredom can result in low achievement and grades.

6. Gifted people are problem solvers. They benefit from working on open-ended, interdisciplinary problems.

7. Gifted individuals often think abstractly and with such complexity that they may need help with concrete study and test-taking skills. In the USMLE world, they may not be able to select one answer in a multiple choice question because they see how all the answers might be correct.

8. Gifted individuals who do well in school may define success in getting an “A” and failure as any grade other than “A.” Thus, in their USMLE review sessions or a practice test any result that is not a “perfect” result and does not make them feel they are at the top of their class, may make them feel frustrated.

Thus medical students who are gifted and talented need opportunities to work hard on challenging learning tasks. Participating with fellow students in a rigorous USMLE review is an opportunity for talented student both to learn and to be understood by their colleagues. In fact the most gifted students may benefit from such reviews as much as, if not more, than the “average” or “below-average” student.

Medical Identity Theft – One of the Fastest Growing Crimes

From keeping up with the latest technologies to providing top-notch patient care, there’s no doubt that healthcare industry professionals have a lot on their plate these days. But, would you imagine that one of their major concerns has nothing to do directly with patient care? Healthcare practices are spending large amounts of time and money keeping their practices compliant with the latest HIPAA regulations, and working hard to prevent a new trend in crime – medical identity theft. While it may not be making mainstream headlines, according to Javelin Strategy and Research, fraud resulting from exposure of health data has increased 112% year over year, from 3% in 2008 to 7% in 2009. To put this stat in perspective, medical identity theft is regarded as the fastest growing form of identity theft in America today and it is estimated that each year 250,000 to 500,000 people become victims of medical identity theft. Just like identity theft, medical identity theft is the act of stealing medical records or medical information of a patient. Both the medical facility and the patient suffer great losses once they are victimized by this type of crime. Imagine this scenario – when you check your mail one day, you find a giant bill from a hospital emergency room, yet you haven’t been to the doctor for anything other than a routine visit in years. So where did this five-figure bill with your name on it come from? The answer -someone stole your information and used it to obtain medical treatment and/or prescription drugs. Unfortunately, medical theft is a growing epidemic and is largely attributable to the large volume of paperwork medical providers are required to keep, in order to maintain 100% HIPAA compliance. Instances of medical identity theft are commonly reported when:

* Patients’ records are accidentally faxed or mailed to the wrong person * Medical records are stolen and misused after being disposed of improperly * Laptops containing confidential information or medical records are lost or stolen * Medical files left unattended in file rooms, on staff desks and in door folders; or unrestricted physical access to sensitive medical files.

While these security breaches might sound relatively innocuous, they are a huge concern. Not only does the medical facility face damage to their reputation and restitution fees, but also HIPAA has enacted legislation over the last year that makes such breaches very expensive – and on a punitive scale. Even worse, the victim may not realize the crime has occurred immediately due to lags in billing cycles so the theft is larger and potentially more costly. As if these scenarios aren’t nightmarish enough, add the fact that someone’s medical records could be tampered with, leading to improper medical care or misdiagnosis. With these costs to both victims and facilities in mind, preventing medical identity theft must be a high priority for medical facilities. It’s especially critical for smaller practices to take precautionary measures because they may have fewer internal protocols to protect patients…and shallower pockets to weather such an event. Ways to reduce medical identity theft include:

Non Emergency Medical Transportation business

Everyday, thousands of patients and their families are faced with the challenge of arranging non emergency medical transportation for their loved ones. The federal and state government recognizes the importance of meeting the transportation needs of medically frail patients who do not require emergency medical transportation. The United States Congress enacted Section 6083 of the Deficit Reduction Act of 2005 to allow the introduction of Non-Emergency Medical Transportation (“NEMT”) brokerage systems for Medicaid recipients at the state level.

Non-emergency medical transportation involves getting a patient to and from the source of
medical care when the medical condition is not life threatening. This includes non-emergency
ambulance, medi-car, taxicab, service car, livery or private automobile. The Non-Emergency Medical Transport (NEMT) business service is a growing Industry as the need for this specialized service continues to grow. Many existing companies and new businesses are venturing into the NEMT business as an additional source of revenue or as a stand alone profitable business. However, the start up process for Non emergency Medical Transportation business is moderately difficult. Recent study published in a business journal in 2009 indicates 69% of businesses that venture into the NEMT business abandon the start up process. This is due to lack of correct information or unavailability of information to help with the start up process.
There is more to non emergency transportation management than getting from one location to the next. The NEMT business is heavily impacted by laws and regulations that are specific to states, counties or municipalities. Businesses that start an NEMT business with an informative and detailed start up guide have a higher chance making it past the start up phase.
NEMT services are a good business by all accounts. This is a service that is needed. The elderly, disabled people including veterans, people with chronic medical conditions that require frequent medical appointments rely heavily on NEMT businesses to get their medical needs met.
The recent economic hardships have resulted in lower revenues for taxi and limousine and other companies. An NEMT business provides a solid and steady base of revenue for these businesses. However the success of any NEMT business is highly dependent on the establishing effective policies and procedures, education and training programs for staff, quality improvement programs and practices and most important an effective marketing strategy.The Non Emergency Medical Transportation start-up guide by Precision Management provides direct and detailed answers to the daunting questions that confront businesses during the start up process. The start up guides goes further to address policies and procedures requirements, success proven marketing strategies, risk management. Ultimately, the goal of the guide is to help NEMT businesses achieve a higher customer satisfaction and the success of new businesses in the NEMT service industry.