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Medical Transcription As a Career Option

Medical transcription or MT is the process of transcribing or converting recorded
dictations into a written text. The dictation is by a physician or healthcare professional
located in a foreign country and is regarding a patient’s medical records.

With spiraling cost of health care in countries like the US and other parts of Europe,
there is an increasing trend to outsource medical transcription to cheaper destinations
like India. This has resulted in a huge job opportunity and involves not only working from
an office but from home as well.

In Western countries the entire healthcare industry is based on insurance and detailed
medical records are needed for processing insurance claims. Hospitals and labs in
Europe, US and West Asia find it cheaper to outsource laboratory tests and other
medical processes to India. Outsourcing, is believed to result in a cost saving of
anywhere from 30% to 70%.

According to NASSCOM, the MT industry will be worth Rs 40 billion by 2010 and could
employ millions of young people. It estimates the size of the US MT industry, will be $
16.8 billion by 2010. The work off shored is expected to be in the region of $ 860 million
by 2010, of which India is expected to capture a whopping $ 647 million.

The industry, which currently depends mostly on the health care institutions of western
countries for business, could expect to secure greater business from hospitals in India,
in the coming years. This is because the health insurance business that drives the
growth of the MT industry is set to gain greater acceptance in India.

Medical transcription follows prescribed and established document formats and is highly
dependent upon trained professional Medical Transcriptionists. India has the potential to
become one of the largest Medical Transcription (MT) centers in the world due to the
large number of people with health care knowledge in the country and industry maturity.


Skills of a Medical Transcriptionist

India provides an ideal location for conducting medical transcription with the large
population of educated English speaking people and the comparative low cost which
encourages companies abroad to outsource their work to the Indian Medical
Transcription field.

An ideal qualification for a medical transcriptionist is a graduation, with English
comprehension skill. If the person has a course in medical transcription it is an added
advantage.

Further, the candidate should be a good listener, able to adjust quickly to the different
accents and diction, with specialized knowledge of medical terminologies, medical
procedures and ability to spell medical words correctly. The person should also be able
to detect medical inconsistencies in dictation and fix poor grammar and syntax.

A medical transcriptionist must also have a reasonable amount of patience, as the work
may get monotonous and repetitive. Medical transcriptionists benefit greatly from on-the-
job experience, and especially by handing records from a wide variety of medical
specialties. A medical transcriptionist should have basic knowledge of computers and
good typing speed would be added advantage.


Medical Transcription – A Great Career Option

The benefits of Medical Transcription as a career include the ability and freedom to work
from home, especially for ladies who may not be able to come to office and work,
especially pregnant women who may not be able to come to office and work during their
maternity leave, etc. There is a good number of people currently enjoying the benefit of
working from home and still earning around 25-30k average and as high as 50k to 60 k
as well. The recent liberalization of Internet in terms of cost and bandwidth and other
related technologies like 3G has accelerated the potential from working from home in an
hassle-free environment. In light of the recent liberalization of Internet, it gives the ability
to work even from remote parts of the country. A PC with decent configuration, a
stereophonic headset, foot pedal (a device that controls the voice player), and other
softwares necessary for reference of medical terms/drugs are more than that would
suffice to independently work as a Medical Transcriptionist.


Services being Outsourced to India

The country is already witnessing a surge in outsourcing of processes like

      Medical transcription
      Claims processing
      Medical billing and coding
      Data management for clinical trials
      Radiology services


Salaries Medical Transcriptionists can Expect

A trained medical transcriptionist could earn up to Rs 15,000-Rs 20,000 a month and
with experience it could only go higher.


Some Training Institutes in Medical Transcription

There are a number of companies who provide Medical Transcription training in India to
meet the current demand of experienced MT professionals. A small list of them is below
ABEARIX                                Meditransindia (MTI),
HL-3 Jail Road,                        29/1, Ashok Nagar, Jail Road, Tilak
Hari Nagar, New Delhi - 110064         Nagar Circle,
Tel: 25135178, 28121726                New Delhi 110018.
                                       Tel: 5408638
BL Infosolutions Pvt. Ltd.
2nd Floor, Metro Arcade,               MDS Infotech LTD, (A Member of
92 Mangal Pandey Nagar,                American Association for Medical
Near C.C.S. University, Meerut.        Transcription),
Tel: 0121-4022054                      B-219, Saraswati Vihar, Pitampura,
                                       Delhi 110034.
El-Docs                                Tel: 7022558, 7022580
B-96, Ist floor
Lajpat Nagar - I, New Delhi - 24       KITCO
Tel: 29814070, 29819788                4, Amrit Nagar, South Ext. 1,
Email: eldocs@vsnl.net                 New Delhi 110003
                                       Tel: 4632564,
e-USA Technology Inc.                  E-mail: info@kitcoindia.com
Above LML Showroom
Opp. A-Block, Defence Colony           Indian Institute of Medical
Arjan Nagar Kotla                      Transcription (IIMT)
Tel: 24691822/ 30952002                H-15, South Extn. Part-1,
                                       New Delhi 110049
Infosoft Technologies                  Tel: 4604532, 4604318, 4638050,
13/30 East Patel Nagar                 E-mail: info@iimt.org
Near Hotel Siddharta
New Delhi-110008, India                Bajaj Institute of Information
Tel: +91-11-25769002/8                 Technology (BIIT)
Email: info@infosoftech.com            Unit No-1, 1st Floor, C-4E Market Janak
http://www.infosoftech.com             Puri,
                                       New Delhi 110058
MTPORTAL                               Tel: 5617375, 5500545, E-mail:
B-11, Sector - 1                       bimt_2000@yahoo.co.uk
Noida - 201301
Tel: 9811203654 (Sudhir)               Academy of Medical Transcription,
                                       C-5/32, Safdarjung Development Area,
Spanco Tele Systems & Solutions        Opp. IIT Main Gate, New Delhi 110016
Ltd.                                   Tel: 6963443, 6565222
771, Udyog Vihar Phase - V, Gurgaon.
Tel: 0124-2349231, 2450317/18          Fore Transcriptions Private Limited
                                       #93, First Floor,
Shivam Institute of Medical            Above Food World,
Transcription (SIMT)                   Wheeler Road, Cox Town,
D-53 Okhla Industrial Area, Phase-1,   Bangalore - 560 005.
New Delhi 110020
Tel: 6813643, 6813644,
www.vocalscribe.com
Ajaxdotcom Private Limited                           Digimetrix Technologies Pvt Limited
#1, 3rd Floor Maruthi Complex,                       #36/37, 2nd Cross,
Above Food World, R T Nagar,                         Opp. Arekere MICO Layout,
Main Road, Bangalore 560032.                         Off. Bannerghatta Road,
Tel: 080 - 2353 5156, 2363 4881                      Bangalore-76.

Rxdocuments (P) Ltd.                                 IAOS India
Near Vijaya Bank,                                    #64/5, 9th Cross, Rainbow Garden
#50, 1st Cross, 27th Main, BTM 1st                   Jigani Main Road, Jigani PO
Stage,                                               Begihalli, Bengaluru - 560105
Bangalore - 560 068.                                 Tel: 080-2782 8237 / 9731310814.
                                                     Email: info@iaos.co.in
Indian Institute of Medical                          www.iaos.co.in
Transcription (IIMT)
#10, 1st Floor, 12th Cross,                          HQMT
22nd Main, 2nd Phase, J P Nagar,                     #12, 7th Cross, Venkatapura Main Road
Bangalore-78.                                        Koramangala 1st Block, Near
                                                     Koramangala Last Bus-Stop
                                                     Bangalore - 560034
                                                     Tel: 9945 26 46 94 / 9844 250 275
                                                     Email: hqmtvlc@yahoo.com
                                                     http://www.hqmt.co.in

Disclaimer: The above addresses are only a collection and in no way endorse the quality of teaching
or certification of the Institute.
This Article has been written by



EduWorld Management Services
  •   EduWorld Management Services offers a host of Counseling and Career Guidance
      Services to Students aspiring to join Professional Colleges and Courses across India.

  •   EduWorld Management Services helps you locate the course that best suits your
      personality. Keeping in mind your specifications regarding interests, location and
      budget.

  •   From locating the course you desire, to helping you through the admission process
      EduWorld Management Services will be your Guide.


                      EduWorld Management Services Pvt Ltd.,
                          # 819, Level-3, Arise Building,
                             27th Main, HSR Sector-1,
                             Bangalore-560 102, India.

                        Tel: +97425 80455 / 080-65300901 / 902

                        Email    - info@eduworldinfo.com
                                   HHHUUU                   UUU




                        Website - http://www.eduworldinfo.com/
                        Blog    - http://eduwordinfo.wordpress.com/
                        Twitter - http://twitter.com/EduWorldInfo



                 Your Education is Our World

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Medical Transcription As A Career Option

  • 1. Medical Transcription As a Career Option Medical transcription or MT is the process of transcribing or converting recorded dictations into a written text. The dictation is by a physician or healthcare professional located in a foreign country and is regarding a patient’s medical records. With spiraling cost of health care in countries like the US and other parts of Europe, there is an increasing trend to outsource medical transcription to cheaper destinations like India. This has resulted in a huge job opportunity and involves not only working from an office but from home as well. In Western countries the entire healthcare industry is based on insurance and detailed medical records are needed for processing insurance claims. Hospitals and labs in Europe, US and West Asia find it cheaper to outsource laboratory tests and other medical processes to India. Outsourcing, is believed to result in a cost saving of anywhere from 30% to 70%. According to NASSCOM, the MT industry will be worth Rs 40 billion by 2010 and could employ millions of young people. It estimates the size of the US MT industry, will be $ 16.8 billion by 2010. The work off shored is expected to be in the region of $ 860 million by 2010, of which India is expected to capture a whopping $ 647 million. The industry, which currently depends mostly on the health care institutions of western countries for business, could expect to secure greater business from hospitals in India, in the coming years. This is because the health insurance business that drives the growth of the MT industry is set to gain greater acceptance in India. Medical transcription follows prescribed and established document formats and is highly dependent upon trained professional Medical Transcriptionists. India has the potential to become one of the largest Medical Transcription (MT) centers in the world due to the large number of people with health care knowledge in the country and industry maturity. Skills of a Medical Transcriptionist India provides an ideal location for conducting medical transcription with the large population of educated English speaking people and the comparative low cost which encourages companies abroad to outsource their work to the Indian Medical Transcription field. An ideal qualification for a medical transcriptionist is a graduation, with English comprehension skill. If the person has a course in medical transcription it is an added advantage. Further, the candidate should be a good listener, able to adjust quickly to the different accents and diction, with specialized knowledge of medical terminologies, medical
  • 2. procedures and ability to spell medical words correctly. The person should also be able to detect medical inconsistencies in dictation and fix poor grammar and syntax. A medical transcriptionist must also have a reasonable amount of patience, as the work may get monotonous and repetitive. Medical transcriptionists benefit greatly from on-the- job experience, and especially by handing records from a wide variety of medical specialties. A medical transcriptionist should have basic knowledge of computers and good typing speed would be added advantage. Medical Transcription – A Great Career Option The benefits of Medical Transcription as a career include the ability and freedom to work from home, especially for ladies who may not be able to come to office and work, especially pregnant women who may not be able to come to office and work during their maternity leave, etc. There is a good number of people currently enjoying the benefit of working from home and still earning around 25-30k average and as high as 50k to 60 k as well. The recent liberalization of Internet in terms of cost and bandwidth and other related technologies like 3G has accelerated the potential from working from home in an hassle-free environment. In light of the recent liberalization of Internet, it gives the ability to work even from remote parts of the country. A PC with decent configuration, a stereophonic headset, foot pedal (a device that controls the voice player), and other softwares necessary for reference of medical terms/drugs are more than that would suffice to independently work as a Medical Transcriptionist. Services being Outsourced to India The country is already witnessing a surge in outsourcing of processes like  Medical transcription  Claims processing  Medical billing and coding  Data management for clinical trials  Radiology services Salaries Medical Transcriptionists can Expect A trained medical transcriptionist could earn up to Rs 15,000-Rs 20,000 a month and with experience it could only go higher. Some Training Institutes in Medical Transcription There are a number of companies who provide Medical Transcription training in India to meet the current demand of experienced MT professionals. A small list of them is below
  • 3. ABEARIX Meditransindia (MTI), HL-3 Jail Road, 29/1, Ashok Nagar, Jail Road, Tilak Hari Nagar, New Delhi - 110064 Nagar Circle, Tel: 25135178, 28121726 New Delhi 110018. Tel: 5408638 BL Infosolutions Pvt. Ltd. 2nd Floor, Metro Arcade, MDS Infotech LTD, (A Member of 92 Mangal Pandey Nagar, American Association for Medical Near C.C.S. University, Meerut. Transcription), Tel: 0121-4022054 B-219, Saraswati Vihar, Pitampura, Delhi 110034. El-Docs Tel: 7022558, 7022580 B-96, Ist floor Lajpat Nagar - I, New Delhi - 24 KITCO Tel: 29814070, 29819788 4, Amrit Nagar, South Ext. 1, Email: eldocs@vsnl.net New Delhi 110003 Tel: 4632564, e-USA Technology Inc. E-mail: info@kitcoindia.com Above LML Showroom Opp. A-Block, Defence Colony Indian Institute of Medical Arjan Nagar Kotla Transcription (IIMT) Tel: 24691822/ 30952002 H-15, South Extn. Part-1, New Delhi 110049 Infosoft Technologies Tel: 4604532, 4604318, 4638050, 13/30 East Patel Nagar E-mail: info@iimt.org Near Hotel Siddharta New Delhi-110008, India Bajaj Institute of Information Tel: +91-11-25769002/8 Technology (BIIT) Email: info@infosoftech.com Unit No-1, 1st Floor, C-4E Market Janak http://www.infosoftech.com Puri, New Delhi 110058 MTPORTAL Tel: 5617375, 5500545, E-mail: B-11, Sector - 1 bimt_2000@yahoo.co.uk Noida - 201301 Tel: 9811203654 (Sudhir) Academy of Medical Transcription, C-5/32, Safdarjung Development Area, Spanco Tele Systems & Solutions Opp. IIT Main Gate, New Delhi 110016 Ltd. Tel: 6963443, 6565222 771, Udyog Vihar Phase - V, Gurgaon. Tel: 0124-2349231, 2450317/18 Fore Transcriptions Private Limited #93, First Floor, Shivam Institute of Medical Above Food World, Transcription (SIMT) Wheeler Road, Cox Town, D-53 Okhla Industrial Area, Phase-1, Bangalore - 560 005. New Delhi 110020 Tel: 6813643, 6813644, www.vocalscribe.com
  • 4. Ajaxdotcom Private Limited Digimetrix Technologies Pvt Limited #1, 3rd Floor Maruthi Complex, #36/37, 2nd Cross, Above Food World, R T Nagar, Opp. Arekere MICO Layout, Main Road, Bangalore 560032. Off. Bannerghatta Road, Tel: 080 - 2353 5156, 2363 4881 Bangalore-76. Rxdocuments (P) Ltd. IAOS India Near Vijaya Bank, #64/5, 9th Cross, Rainbow Garden #50, 1st Cross, 27th Main, BTM 1st Jigani Main Road, Jigani PO Stage, Begihalli, Bengaluru - 560105 Bangalore - 560 068. Tel: 080-2782 8237 / 9731310814. Email: info@iaos.co.in Indian Institute of Medical www.iaos.co.in Transcription (IIMT) #10, 1st Floor, 12th Cross, HQMT 22nd Main, 2nd Phase, J P Nagar, #12, 7th Cross, Venkatapura Main Road Bangalore-78. Koramangala 1st Block, Near Koramangala Last Bus-Stop Bangalore - 560034 Tel: 9945 26 46 94 / 9844 250 275 Email: hqmtvlc@yahoo.com http://www.hqmt.co.in Disclaimer: The above addresses are only a collection and in no way endorse the quality of teaching or certification of the Institute.
  • 5. This Article has been written by EduWorld Management Services • EduWorld Management Services offers a host of Counseling and Career Guidance Services to Students aspiring to join Professional Colleges and Courses across India. • EduWorld Management Services helps you locate the course that best suits your personality. Keeping in mind your specifications regarding interests, location and budget. • From locating the course you desire, to helping you through the admission process EduWorld Management Services will be your Guide. EduWorld Management Services Pvt Ltd., # 819, Level-3, Arise Building, 27th Main, HSR Sector-1, Bangalore-560 102, India. Tel: +97425 80455 / 080-65300901 / 902 Email - info@eduworldinfo.com HHHUUU UUU Website - http://www.eduworldinfo.com/ Blog - http://eduwordinfo.wordpress.com/ Twitter - http://twitter.com/EduWorldInfo Your Education is Our World