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Tuesday, 16 December 2008 |
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By pen
 Identifying and implementing cost cutting measures has become more important now than ever before, and a step towards that objective is outsourcing medical transcriptions, it is estimated that a whooping 40% can be saved if this service were to be assigned to an outside agency, rather than doing it in-house by hospitals.
A very large integrated health care provider in Texas commissioned a consulting company to suggest cost cutting measures by reducing expenses and thereby using the revenue to provide excellent quality care to more than half a million patients visiting the two 500 bed hospitals every year.
The commissioned company presented the findings, and on top of the list of cost saving remedial measures suggested by the company was to contract an outside agency or outsource the health information management (HIM) medical transcription.
And in support of the measures, the company included a report of a six month study which evaluated the transcription quality of outsourced service providers, the turnaround time, the productivity and the all important cost that these companies charged, a detailed break-up of transcription cost and production indicated that the in-house |
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Last Updated ( Tuesday, 16 December 2008 )
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Monday, 15 December 2008 |
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By Matt Chang
 For many young people understand the health-insurance can be challenging, especially if this is your first go at it. You probably heard a lot of terms being thrown around and they may be confusing. If you are out there looking to get new health-insurance understanding these terms can be critical to making sure you make the right decisions.
Unless you understand the language of health insurance, going online, or looking through insurance pamphlets and brochures, will most likely leave you in a state of shock and in total darkness.
Here are some simple terms to help you out. This whole process doesn't have to be confusing at all. Just having some knowledge about a few simple Health Insurance terms, will empower you to finally come to a full understanding, and feel totally secure when picking out a plan that you understand, and are comfortable with, one that covers your needs and is affordable.
Deductibles:
The Deductible is simply the amount of money you are responsible to pay for before the company starts paying.
You probably have a deductible |
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Last Updated ( Monday, 15 December 2008 )
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