Friday, February 20, 2009

TRANSCRIBE FORTUNES

PRABHAKAR Sali, 54, took VRS after his nearly 30-year long stint in pharma companies like E-Merck and Elder Pharmaceuticals. His rich experience and his eagerness to pursue something challenging led him to medical transcription. He attended a seminar on medical transcription after which he joined Infovision Software, a medical transcription company based in Belapur, Navi Mumbai. Prabhakar who is currently undergoing the six-month training says, "Medical transcription is a great career alternative for people like me. It provides you not only with job satisfaction, you also get to make good money."


Prabhakar is one among the many success stories that has made the medical transcription industry a hit in India . Not only for young and the ambitious, medical transcription holds a lot of promise for people who are in their midlife or for people who wish to work from home, either to supplement their income, or to do something worthwhile in their idle time.Amita,Assistant Manager,HR at Infovison says, "We welcome everyone who has the intention of making MT a long time career."



What is Medical Transcription?

According to US laws,in every hospital or health care unit, each patient-related activity and procedure must be meticulously documented and then added to the patient's permanent record. In hospitals across US, doctors do not have time to update the medical records of their patients. Verbal dictation is by far the most common method for documenting and reporting the results of examinations and procedures. Physicians use either a cassette based or a digital voice dictation system for recordings. The process of converting this voice dictation to a typewritten format (hard or soft) is called medical transcription.
It involves receiving dictation by tape, digital system or voice file, using earphones, a foot pedal for startstop control and a word processing programme.



Potential of the MT Industry

If the figures are anything to go by, medical transcription is here to stay. According to K.B Anand (COO-Global Operations), Acusis, a pioneer in home-based medical transcription, the MT industry has been providing steady and growing income to professionals in India for the last eight years and will continue to do so. NASSCOM predicts that the demand for medical transcriptionists in India will rise to 1,60,000 by 2008.



Work @ Home

Until recently home-based medical transcription was popular only amongst US based transcriptionists. However it now has a strong foothold in India , and it is good news for those who are looking to complement their income by working from home or even for those who are compelled to stay at home due to personal reasons or family commitments. According to Rajiv Shetye,Vice President, Operations, Spryance India , a leading medical transcription company in Mumbai," The benefit of home based medical transcription (HMT) is that people can choose to work whenever they want to. The HMT model allows people to include three to four intervals of significant duration within their workday." HMT is an excellent career option for women in India because it allows them the flexibilityto manage their families as well as have financial independence. Shetye says, "Not only does flexibility of this sort allow people,who otherwise get eliminated from the workforce, to become part of it once again, it even engenders entrepreneurship amongst them.That is some advancement, especially since the people that it benefits the most are highly qualified."

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