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By James Martin for WhaTech This new report elaborates on the global medical transcription services market that was valued at $41.4 million in 2012 and is expected to reach an estimated value of $60.6 million in 2019, growing at a CAGR of 5.6% in the forecast period 2013 – 2019. Medical transcription (MT) is a…
By Dave Baumgardner, Director of Information Management, Union Hospital, for Health Management Technology Speech technology improves productivity and reduces costs for community hospital. Union Hospital’s investments in digital dictation and transcription over the years have not only improved its documentation productivity and reduced costs, but have also helped prepare our hospital for the upcoming ICD-10…
By Matt Robinson for Bloomberg.com MModal Inc. skipped a scheduled bond interest payment yesterday, taking advantage of a 30-day grace period as the provider of medical transcription services negotiates with creditors to cut the company’s debt load. “At this time no determination has been made by MModal to not pay such scheduled interest payment” within…
Dolbey and Company, Inc., which began as a partner and dealer for Thomas A. Edison’s dictation machine company, proudly announces the anniversary of its 100th year in business. In 1914, John Dolbey and Thomas A. Edison shook hands on a dictation machine franchise, and ever since, Dolbey has been a leader in dictation and document…
Cincinnati, OH, November 19, 2013 – Dolbey today announced that Covenant Health, East Tennessee’s leading provider of healthcare, has selected the Fusion CAC solution for each of their seven hospitals. Increased coder productivity and improved financial performance were driving factors in making this decision while preparing for the dramatic healthcare change to ICD-10. Covenant’s physicians…
By Julie Knudson for For The Record It bears repeating: Poor dictation habits can severely affect quality of care and timely reimbursement. For years, physicians have been dictating their patient reports and for years, transcriptionists have been trying to figure out what they’re saying. But as the health care system evolves, technology such as EHRs…
By Cynthia A. Diaz-Shephard for NewsInferno The family of Sharon Juno, 59 at the time of her death, was awarded the largest civil wrongful death judgment in Baldwin County’s history. A Baldwin County, Alabama, jury returned the $140 million dollar settlement to Sharon Juno’s family following her death from an insulin overdose in 2008, said…
By Ken Terry for InformationWeek Most doctors still use desktops because iPads lack speech processing capabilities. One expert, however, says iPad EHRs are coming. Eighty percent of physicians in a recent survey said they believe that the Apple iPad has an “exciting future in healthcare”–but they doubt it is ready for clinical use. The survey…
By David Yeager for For The Record Speech recognition can help reduce costs, but healthcare organizations should take steps to ensure they’re not sacrificing quality in the process. Everyone loves to save money but in today’s healthcare environment, cutting costs is more a matter of necessity than desire. Rather than allow the quality of care…
Study By HealthGrades HealthGrades Quality Study Identifies Hospitals in Top 5% in Nation; Cities That Have Highest Concentration of Top Hospitals Patients Treated at HealthGrades Distinguished Hospitals for Clinical Excellence Have 30% Lower Chance of Dying How does the quality of care at hospitals in your area compare? Find out with HealthGrades second annual list…