The Benefits of Improving Your Clinical Documentation

graphic of a doctor reviewing ERMs on a phone and tablet

As one of the leaders in clinical documentation, Fast Chart is devoted to providing the latest and most technologically advanced medical transcription services to hospitals and practices of all sizes. When you select Fast Chart as your clinical documentation partner, you can rest assured that your practice will benefit from increased accuracy, efficiency, and productivity. Experts agree that top-notch clinical documentation is a quality initiative that is worth the investment. In the fast-paced medical world, it is crucial for physicians to keep up with documentation that is precise, complete, and timely. To reinforce the importance of high-quality medical transcription, we are explaining all the benefits of improving your clinical documentation.

Benefits of clinical documentation improvement

Those who have made the decision to improve their clinical documentation are privy to the clear advantages of outsourcing medical transcription. This method not only saves time but is financially advantageous as well. A report by Black Book Market Research reported that 90% of hospitals that outsource their clinical documentation made over 1.5 million in healthcare revenue and claims reimbursement. 

Not only is the financial gain one of the benefits of improving your clinical documentation, but choosing a company like Fast Chart also significantly improves the day-to-day operational efficiency in hospitals and practices. Increased efficiency directly correlates with a higher quality of patient care. This correlation makes sense because providers have more time to devote to their patients rather than having to spend excessive amounts of time on clinical documentation behind the scenes. Hospitals have even reported a drop in the predicted patient mortality rate after taking time to improve their clinical documentation. With patient care at the core of the medical industry, an elevated level of patient care is surely one of the top benefits of improving your clinical documentation.

The importance of speech understanding technology

One of the most cutting-edge features Fast Chart has to offer is the speech understanding technology powered by M*Modal. Speech understanding and language processing has changed the game in for clinical documentation because it allows physicians to speak naturally without the need to pause or use specific keywords. This added feature has dramatically improved clinical documentation efficiency by reducing the minutes spent on medical transcription. Researchers compared standard clinical documentation processes with speech understanding clinical documentation technology and found the speech understanding was able to reduce time spent documenting from 16.9 minutes to 5.2 minutes. While each practice requires different technologies when it comes to medical transcription, Fast Chart prepares with the latest and most advanced clinical documentation.

Support by Fast Chart

To ensure you have the most efficient and accurate clinical documentation, Fast Chart is available to support you 24 hours a day, 365 days a year. We know the medical industry never stops, which is why we don’t either. We have an entirely U.S.-based staff and offer helpful resources and education to ensure our medical transcription services are the perfect fit for your practice.

Contact Fast Chart

Fast Chart is a medical transcription company that combines technology, experience, and service to provide the highest quality outsourced clinical documentation. If you have any questions regarding how your practice can benefit from automated transcription, or how our technologies can help your practice, please call (919) 477-5152 or contact us online.

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