Document Preparation Time

Ever wonder how much time you spend each day on documentation? Would you believe 10%? Recent statistics show that the average physician spends 10% of their workday documenting patient encounters and dictating letters, be they referral requests, consultation letters, patient encounters or letters to third parties (time off work letters, camp physicals, etc.).

Think about how that adds up. In an eight hour workday, that’s 48 minutes. For a five day work week, it’s four hours of your time.

Preparing your own documentation and letters? Think about how much that could be costing you versus using administrative (or outsourcing your documentation) staff to support this function.

 

Hours

 

1

2

3

4

Administrative Costs

Rate @ $18/hour

$18

$36

$54

$72

Rate @ $20/hour

$20

$40

$60

$80

Rate @ $25/hour

$25

$50

$75

$100

Rate @ $35/hour

$35

$70

$105

$140

           

Physician Costs

Rate @ 100/ hour

$100

$200

$300

$400

Rate @ $150/hour

$150

$300

$450

$600

Rate @ $250/hour

$250

$500

$750

$1000

Rate @ $300/hour

$300

$600

$900

$1200

Rate @ $600/hour

$600

$1200

$1800

$2400

 

Dictating your documents (on average, you speak at ten lines of text per minute, type at three lines of text per minute, and write [legibly?} at one line of text per minute) can save you a considerable amount of time. Time to spend with family or friends (or for yourself). Time to see more patients. Time for a better work/life balance.

How much do you think you can save by dictating your documentation?

2Ascribe Inc. is a medical transcription services agency located in Toronto, Ontario Canada, providing medical transcription services to physicians, clinics and other healthcare providers across Canada and the US.  Having recently introduced WEBscribe, a client interface portal for document management, 2Ascribe continues to implement and develop technology to assist and improve the transcription process for physicians and other healthcare providers.  As a service to our clients and the healthcare industry, 2Ascribe offers articles of interest to physicians and other healthcare professionals, medical transcriptionists and office staff, as well as of general interest.  Additional articles may be found at https://www.2ascribe.com.

This entry was posted on in Doctor Resources.

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