Medical transcription industry

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Medical transcription is a relatively new industry in India which has peaked in the last five years. The industry is now attracting a lot of young enthusiast to pursue the industry as a full-fledged career.

One new technological advancement in this field is the preference for use of voice recognition engines (VRE) over the conventional use (MTs transcribing reports). A lot of discussion has been going on this subject that whether this will subject the MTs to face competition with the machine. The answer is still debatable and will remain debatable for years to come. In my perception, the VRE can never compete with a good MT because the best of VREs cannot create a report that is more than 80% accurate. So, after the report being transcribed by the VRE, it still has to be checked by an MT to make it deliverable.

In the present scenario, medical transcription industry Click Here!
is booming in India. Based on a study by NASSCOM, the employment generated by Medical transcription in the years 1997/98 was around 2,500. The revenue generated by medical transcription was Rs. 75 crores. According to the prediction of the National Association of Software and Service Companies (NASSCOM), the industry's turnover is likely to touch Rs. 10,000 crores by 2008, providing employment to 1.60 lakh people.

So, what it takes to be a good medical transcriptionist. An efficient medical transcriptionist Click Here!
should have a good knowledge of medical terms, pharmacology, anatomy, laboratory medicine, disease processes, and much more. He should to be able to transcribe a report and know enough about what is being dictated to be able to recognize strange, obscure medical terms, (or, more likely, to know which reference book to look through to find out how the obscure medical term is spelled). There are a lot of things that a medical transcriptionist should know in order to be good at their job. It simply isn't enough to memorize some medical terms and be a fast typist. The most important quality that an efficient medical transciptionist should have is that he should know how he should manage time. Typically in an eight-hour shift, an efficient MT should be able to transcribe 1000 lines with a minimum of 95% accuracy. This sounds a bit difficult, but is achievable and is being achieved by a lot of MTs across India. In fact, the first Rs. 20,000 per month barrier breaks once a MT is able to achieve this target.