Marketplace Transcription

Posted on June 16, 2011 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Transcription has been such a part of healthcare. In fact, it’s such a part of healthcare that I sometimes forget that other industries do transcription as well. I’ve been really fascinated by the arc of feelings towards transcription in healthcare over the last 5 years.

First, replacing high cost transcription was the reason to implement an EMR. Then, many started to miss their transcription and got tired of all the clicks in the EMR. So, then many doctor turned to solutions like Dragon Naturally Speaking and other voice recognition software. Some liked it, but many couldn’t handle all the corrections they had to do with that software.

Now we’re kind of coming full circle where transcription is back in play for many doctors looking at using an EMR. In fact, there are many EMR companies that are focused on the benefits of transcription with an EMR.

That’s why I find a company like myMonolog so interesting. They provide a marketplace for transcription. They had a nice writeup by Entrepreneur.com recently. It offers “Why you might like it:
1. It’s easy to use
2. Quality is high”
and
“Why you might not like it:
1. Integrated mobile apps can take some effort.
2. Costs can add up”

I’d be interested to hear healthcare’s response to such a transcription service.