Ashok “Ash” Bagdy serves in an executive role with Cameo Corporate Services Limited, an outsourcing firm that offers diverse services such as e-publishing and medical transcription. To keep the company competitive, Ashok Bagdy consistently seeks out innovative applications for transcription in the medical field, including the newly-emerging demand for virtual scribes.
Faster internet and cloud-based platforms have made it possible to outsource medical scribing work to remote scribes. This arrangement offers medical providers the following benefits: Reduced costs - Because virtual scribes are used on an ad-hoc basis, they command a much lower salary than in-person scribes. Hiring a virtual scribe can save a health care provider more than 50 percent on transcription costs. Better patient outcomes - A virtual scribe removes paperwork from a physician’s workload, freeing up more time for patient consultations. Further, the scribe ensures that a patient's information is entered into his or her electronic health file, which reduces medical errors. Improved compliance - Many healthcare providers rely on timely paperwork in order to receive payment from insurance companies and government medical coverage programs. Outsourcing the documenting process will reduce turnaround times and ensure the medical provider remains compliant.
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E-book outsourcing began several years ago when companies in major first-world countries such as the United States experienced economic downturns. Publishing corporations worldwide found not only that outsourcing to India was a highly cost-efficient business strategy, but that the outsourcing market in India held great economic promise. Today, companies in India are continuously growing and meeting the demands of outsourcing, offering trained professionals and quality service across the board. So far, some of the major publishing services that have been outsourced to India include •E-book formatting, development, conversion, writing, editing, and proofing •PDF creation or conversion •Multimedia book development •E-Publishing website development •E-book security solutions •Print on demand solutions •XML conversion •Content syndication solutions •Ezine development and management As India's information technology market continues to flourish, more and more companies worldwide will begin to take advantage of these opportunities abroad. About Ashok Bagdy: Ashok Bagdy is the current Vice President of Outsourcing Services at Cameo Corporate Services Limited. Throughout his career, he has been involved in technology and international outsourcing in a variety of spheres, serving major corporations such as Hiltex Exports in the United States, and Copytalk Incorporated. As the head of the health care outsourcing division for Cameo Corporate Services Limited, Ashok Bagdy spends his time overseeing Cameo's outsourcing facilities in India and identifying new ways to develop and grow the business. In addition, Ashok Bagdy addresses any outsourcing problems that arise for clients.
When identifying an outsourcing firm, businesses should keep a few tips in mind. First, perform due diligence on the potential outsourcing partner. Consider the firm’s length of experience as well as its level of skill for the type of work you need done. The firm’s pricing structure and the sustainability of the relationship should also play into your selection. Once a partner is selected and before the transition is made to outsourcing your company’s services, consider drafting a detailed service level agreement, or SLA, to clearly define expectations. Lastly, make sure to calculate the return on investment the outsourcing firm delivers to assess the potential success of the relationship and the money it will save. Outsourcing offers managers and owners of health care-related businesses the opportunity to streamline costs while ensuring the continuity of service needed to promote cash flow and patient fulfillment. These firms deliver extensive support and highly secure resources; to meet the same level of connectivity, availability, and productivity, health care organizations would have to hire and train numerous members of staff in multiple functions. The managed services model applies particularly well to medical transcription, which involves the conversion of voice reports by physicians to text.
Availability remains one of the strongest benefits afforded by outsourced services. When the client’s workload increases, the managed services provider shifts more staff to meet demand, whereas an individual organization might have to pay overtime or even bring on temporary employees until a rush period ends. Moreover, such providers handle all human resources and recruitment issues. They also oversee training, an important consideration in the wake of changing healthcare regulations. About Ashok Bagdy: In his capacity as the Vice President of Outsourcing Services for Cameo Corporate Services Limited, Ashok Bagdy oversees a health care outsourcing division with facilities in the United States and India. He succeeded in integrating speech recognition software to promote productivity and accuracy in his division. For more information, visit Ashok-Bagdy.com. Medical Transcription Outsourcing Creates Efficiency, Cost-Effectiveness (Part 2) By Ashok Bagdy |
AuthorAshok Bagdy - Cameo Corporate Services Limited Archives
May 2017
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