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Star Transcriptions Star Is Born In Quality Medical Transcription Service 599 N Bridge Street Bridgewater, NJ 08807 Phone: (732) 762-0109 Fax: (253) 540-1925.

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Presentation on theme: "Star Transcriptions Star Is Born In Quality Medical Transcription Service 599 N Bridge Street Bridgewater, NJ 08807 Phone: (732) 762-0109 Fax: (253) 540-1925."— Presentation transcript:

1 Star Transcriptions Star Is Born In Quality Medical Transcription Service 599 N Bridge Street Bridgewater, NJ 08807 Phone: (732) 762-0109 Fax: (253) 540-1925 Email: hmangrulkar@hotmail.comhmangrulkar@hotmail.com Website: www.startranscriptions.com

2 Star Transcriptions Case Study – Small Group Practice Consists of 6 Orthopedic Surgeons Approximately 100 Office Reports/Week per Doctor Resulting in ~1,000 pages or 40,000 Lines/Week In-house Transcription: Needed 5 MTs + 1 Supervisor Total Weekly Salary $ 3,600 Total Weekly Overhead (30%) $ 1,080 Total Transcription Cost $ 4,680/Week Outsourced to National MTSO: Gross Line Rate 12 Cents per Line Total Transcription Cost $ 4,800/Week Savings in Transcription Cost – None Outsourced to Star Transcriptions: Transcribed Page Rate $ 3 per Page Total Transcription Cost $ 3,000/Week Savings in Transcription Cost – 36%

3 Star Transcriptions Case Study – Single Doctor Office Consists of Solo Practitioner in Orthopedic Surgery Approximately 20 Reports/Week to Insurance Companies Resulting in ~80 pages or 3,500 Lines/Week In-house Transcription: Needed 1 MT Total Weekly Salary $ 600 Total Weekly Overhead (30%) $ 90 Total Transcription Cost $ 690/Week Outsourced to National MTSO: Gross Line Rate 15 Cents per Line Total Transcription Cost $ 525/Week Savings in Transcription Cost – 24% Outsourced to Star Transcriptions: Transcribed 65-Character Line Rate 10 Cents per Line Total Transcription Cost $ 350/Week Savings in Transcription Cost – 50%

4 Case Study – Multi-Specialty Practice Consists of 25 Doctors of Various Specialties Approximately 400 Office Reports/Week per Doctor Resulting in ~4,000 pages or 160,000 Lines/Week In-house Transcription: Needed 18 MTs + 1 Supervisor Total Weekly Salary $ 14,400 Total Weekly Overhead (30%) $ 4,320 Total Transcription Cost $ 18,720/Week Outsourced to National MTSO: Gross Line Rate 13 Cents per Line Total Transcription Cost $ 20,800/Week Savings in Transcription Cost – 11% Increase Outsourced to Star Transcriptions: Transcribed 65-Character Rate 10 Cents per Line Total Transcription Cost $ 16,000/Week Savings in Transcription Cost – 19% Star Transcriptions


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