Medical Knowledge and Speech Recognition: More Staggering Figures

More Staggering Figures In this month’s issue on Health Imaging & IT, Nick van Terheyden, Chief Medical Officer for Philips Speech Recognition Systems, further comments on the boom of medical knowledge and the market pressures leading healthcare facilities to seriously consider the speech recognition option:

Speech Recognition: a competitive advantage

The addition of speech recognition technology (SR) to (RIS and PACS) systems can further reduce practice overhead, while providing a competitive advantage to the groups that implement them. Speech recognition can reduce costs by 30 to 40 percent, and early users will have a very high competitive advantage.

Transcription: major costs for hospitals

As exam volume continues to grow, transcription costs will match pace; although reimbursements for the performed procedures may not. According to van Terheyden, approximately $12 billion is spent annually in the U.S. on medical transcription, making it one of the top five line-item costs of hospitals and healthcare systems.

“I think the question for everybody is not if, but when you should use speech recognition,” van Terheyden said.

5 goals for automating clinical documentation

van Terheyden outlines five goals for automating clinical documentation:
1. Reduce physician time documenting
2. Improve availability of documentation
3. Re-use standard phraseology
4. Improve quality and consistency of documentation
5. Decrease the cost of documentation

The US: largest speech recognition user in the world

There are approximately 40,000 active physician users generating about 18 million lines per month with SR technology. As the need to reduce costs in healthcare delivery accelerates, this user base will increase.

More medical information in the next 10 years than in the whole medical history…

The next 10 years will see more medical information learned and developed than has been captured in the whole of medical history. Radiology, in particular, is bearing the lion’s share of this information glut. James Thrall, MD, of Massachusetts General Hospital in Boston projects that the radiology workload will increase approximately 50 percent by 2010.

> Read full article

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