In order for medical practices to make informed treatment decisions and plan care, it is crucial to produce precise transcripts of patient stories and treatment notes that are recorded through voice dictation by healthcare providers such as physicians and nurses. Medical transcription outsourcing can ensure accurate transcripts in EHR systems in fast turnaround time. There are a variety of software and tools available that can streamline the medical record documentation process, enabling physicians to concentrate on patient care. The global medical transcription software market is expected to exceed USD 190.3 billion by 2032, with a projected CAGR of 9.60% between 2023 and 2032, according to Market.us. The report notes that market growth can be attributed to factors such as an increase in awareness for quality patient care, the rapid expansion of the e-health industry, and a surge in healthcare expenditure. Most dictation platforms also offer remote access, allowing healthcare providers to dictate from anywhere and at any time.
5 Top Medical Transcription Software – Features and Benefits
Listed below is what we consider the 5 best free medical transcription software in the market:
Express Scribe
Express Scribe is a professional dictation software tool that offers a fast and easy way to transcribe audio files. It can transcribe dictations, voice notes, hearings, interviews, and much more. Express Delegate enables users to scan and import dictations from various sources, such as FTP server, LAN, local computer folder, portable dictation recorder (dictaphone), and more. Noteworthy features of this software include variable speed playback, foot pedal control compatibility with professional controllers, hands-free playback, and automatic file management to facilitate dictation loading and transcription sending. Additionally, Express Scribe can be used in conjunction with other software, allowing users to type in their preferred word processor. For instance, the software integrates with speech recognition software, such as Dragon Naturally Speaking, to automatically convert speech to text. The free version of Express Scribe supports popular audio formats, including wav, mp3, wma, and dct, with more advanced features available in the paid version.
The FTW Transcriber
If you are an individual transcriptionist, or if you work in a hospital, clinic, or laboratory, the FTW Transcriber is a free transcription software option that may meet your needs. Available for both Windows and Android operating systems, this software offers a range of useful features that can save time, such as automatic timestamps and excellent sound quality. With timestamp formatting, you can add timestamps in the format that best suits your needs. Additionally, the software includes hotkeys for common phrases, such as “overtalking” and “unclear,” which can further streamline the transcription process.
The software can handle a wide range of file types, including 3gpp, aac, ac3, ape, asf, dat, dss, ds2, dts, flac, flv, hdmov, it, m2ts, mkv, mkv, mo3, mod, mov, mp3, mp4, mpeg, mpg, mtm, nuv, ogg, ogm, ps, s3m, ts, tta, umx, vi, vob, vorbis, wav, wma, wmv, wv, xm, and more.
INVOX Medical
INVOX Medical speech recognition software is ideal for hospitals, clinics, diagnostic centers and laboratories. INVOX Medical works by allowing users to dictate notes, reports, and other medical documents using a range of input devices, including smartphones, landline phones, or digital recorders. The software then uses advanced speech recognition technology to transcribe the spoken words into text. It is compatible with any medical or EHR software and features specific dictionaries for more than 15 medical specialties, and allows for seamless transfer of transcribed documents into patient records.
INVOX Medical is very simple to use. This software leverages the power of AI/Machine Learning to provide highly accurate dictation transcription. Some of the features of INVOX Medical include customizable templates for different medical specialties, secure data encryption, automatic archiving and backup, timecoding, customizable macros, concatenated speech, transaction history, and real-time transcription editing.
SMARTMD
SMARTMD is an excellent choice for a medical transcription service, according to techradar.com. It offers clinicians a variety of dictation options to fit their specific workflows. These options include a toll-free number, a digital recorder, or an iOS app that is compatible with both the iPhone and iPad. This tool incorporates cutting-edge technology to simplify the entire transcription process. Dictated notes are transcribed directly into the patient’s chart, saving time and maximizing the use of the EHR. The software also includes a secure cloud backup that ensures offsite backup of all patient records, enabling access anytime, anywhere. SMARTMD helps medical practices streamline operations, cut costs, comply with industry regulations, allowing physicians to dedicate more time to delivering quality care. There are no minimum or setup fees, and users can take advantage of live phone support.
KILI Technology
KILI Technology is a software platform that provides automated medical transcription services. The software utilizes advanced artificial intelligence and machine learning algorithms to transcribe audio recordings into accurate and reliable text documents. Users can even classify audio to identify speakers or topics. The platform also includes a range of features to help streamline the transcription process, including automatic timestamping, natural language processing, and the ability to easily edit and format transcribed documents. File types supported are mp3, mp4 and flac. It also features built-in labeled data quality control, consensus analysis, honeypot, review, and last but not least, instructions for speech to text tasks. KILI Technology is designed to help healthcare providers save time and reduce costs associated with manual transcription, while also improving the accuracy and quality of patient records.
Several organizations that utilize transcription software also rely on medical transcription service providers to ensure that machine-generated medical dictation transcripts are thoroughly edited and proofread by expert medical transcriptionists. This practice significantly enhances the accuracy of the transcripts. Medical transcription outsourcing companies offer their services to a range of healthcare providers, including primary care and specialties such as cardiology, neurology, gynecology, radiology, pediatrics, urology, among others.