How Will You Compare Transcription Pricing Methods? Have A Look!

Clients rely on affordable transcription services for getting the best transcription service at the lowest costs. Here’s how you can compare the pricing methods:

Pricing methods differ from one medical transcription company in Canada to another. Certain companies will charge you according to the complete page, some by the words and some by the audio file’s duration. This sometimes complicates the vendor selection procedure.

Comparing The Different Pricing Methods:

There are basically two pricing methods: the first is the per-page method and the second is the per-minute method.

For converting transcription pricing from per-minute to per-page pricing, you need to:

Price Per-Minute x 1.335 = Price Per-Page

Example: $2.50 Per-Minute x 1.335 = $3.34 Per-Page

And, for converting per-page transcription to per-minute pricing, you need to:

Price Per-Page x .75 = Price Per-Minute

Example: $3.34 Per-Page x .75 = $2.50

These methods will enable you to compare the pricing strategies and then choose the best medical transcription company. However, there are some other considerations regarding the pricing methods.

Other Considerations:

• These calculations may vary sometimes. Therefore, outsource transcription companies ask vendors for a sample transcript that can evaluate other factors. These may include formats, layouts and spacing rules as well.

• Page header height and margins are also important considerations made by the Canadian transcription services.

• Transcription vendors also charge for the audio minute according to the blank audio sections. This happens mostly while dealing with statement records.

• Additionally, the turnaround speed of the transcriptions may also affect the pricing structure. Different vendors charge differently. Therefore, a faster turnaround speed will eventually make the price higher.

Conclusion:

Looking for the best medical transcription company in Canada? Contact Digimedix, the leaders in the outsourcing transcription field. Besides offering premium services they also make assurance of the deadlines. All these within an affordable budget. So, get in touch with them today and experience optimum services.