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19 Feb 2005
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ADVERTISEMENT:
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Worldtech, a major player in Medical Trancription in India is on
the lookout for people to strengthen their operations in Hyderabad,
Cochin, Bangalore, Guntur, Kolkata, Vizag and Coimbatore. We need
quality MTs and QAs with good background. Remuneration package
linked to skill and productivity. Relocation assistance will be
provided.

Click here for further details:
http://www.mtindia.org/worldtech.html

Initial interviews and screeening will be done in your city itself.

Home based option after initial onsite placement.

Send your resume or speak to:

Venkat Nimmagadda, GM- HR
Worldtech MGR Estates
Saibaba Temple Road, Punjagutta
Hyderabad -500 082
Email: Contactus@...
Phones: 040-2335-2697/2698/2700

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ADVERTISEMENT:
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Suitable match for Jatt Sikh Randhawa girl March 79/5'-3",
B.A(Eco), Oracle, Jawa. Working as a medical transcriptionist in
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Contact-98151-60829.email: 31698F-OL@...

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Indian MTs working in the US?

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Dear Friends,

Here's a mail I received the day before, and I thought it might be
better to answer to a wider forum:
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Hi Amit:

Can you get us some info, wrt George Bush's latest immigration
policy. Would appreciate that !!!

There was an article in TOI that those jobs that cannot be filled
by US citizens can be opened to foreign nationals. In the state of
Utah alone there are about 10,000 transcriptionists short.

Cutting a long story short will we, indian editors and
transcriptionists, find ourselves in US on a JI or HIb visa,
working at US cpl rates ?? What is the general outlook of the
pundits doing research on this subject ??
-------------------------------------------------------------------
Now, I am pretty certain that an Indian MT does not qualify on a JI
or HIb visa legitimately, but for the sake of this discussion, we
assume they do.

Let us crunch some numbers:

Let us take an Indian MT delivering client ready work.
Productivity = 1000 lpd
Wages in India = 2.5 cpl
Wages in the US = 7.5 cpl

In India, considering the MT works say 22 day a month, monthly
earnings will be = 2.5 x 1000 x 22 / 100 USD = $ 550
Now that converts to over Rs. 25,000 per month, more than what many
doctors earn. A comfortable living indeed.

In the US, monthly earnings will be = 7.5 x 1000 x 22 / 100 USD = $
1650. From that you pay taxes and health insurance. What is
left over, wouldn't have the equivalent buying power of Rs. 25,000
in
India. I am not talking about cars and gasoline, but housing and
bread.

Does being paid in the US sound so attractive now? Do you want to
find yourself in the US, working at US cpl rates??

++++++++++++++++++++++++++++++++++++
To participate in the Coffee Break XXIV, click here now:
http://www.mtindia.org/jobs/
++++++++++++++++++++++++++++++++++++

Ciao!

Dr Amit Chatterjee, SM
Strategist / Founder ~ mailto:amit@...
MT India ~ www.mtindia.org
"The Community of MT Professionals"

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NEWS AND VIEWS :
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1) Forbes Fastest-Growing Tech Companies - Ten To Watch In 2005

One of the great qualities of American business is that small
entrepreneurial companies stand ready to quickly provide products
and services that are overlooked by larger competitors. Many of
these great little technology companies have gone public, but
thousands more remain in private hands. CBay Systems has also built
a successful business by using technology to address an important
but often overlooked problem: medical documentation. With
facilities in the U.S. and India, CBay provides document
management, transcription and other outsourced services to
hospitals, clinics and doctors.

http://www.forbes.com/technology/2005/02/16/cz_jc_0216privatetech.html?partner=r\
ss

2) North Side company committed to supporting regional causes

At first blush, Acusis Inc. is a puzzling little company. Consider
that it has yet to earn a dime of profit, yet in short order has
become the talk of Pittsburgh's philanthropic community by donating
more than $1 million to local cultural, educational and charitable
groups.

Its founders, both Pittsburgh-area natives, were living in Hong
Kong at its inception and could have located Acusis anywhere in the
world, but planted it in Pittsburgh.

The overwhelming majority of its 600 employees are in India, yet
its founders say its business and charitable activities are geared
to help make Western Pennsylvania more competitive in a global
economy.

Acusis CEO David Iwinski said the 22 jobs Acusis has created in the
medical transcription business on the North Side require more
talent, creativity and skill than the hundreds of jobs in created
in India. That is why the company gives to groups aiming to raise
the region's educational and cultural standards.

"Given the way our investors are structured, we have the freedom to
actually do what most businesses say they want to do," Iwinski
said. Backing for that mission comes from Acusis' majority investor
and chairman, Bill Benter, who operates one of the best-known
computer gambling syndicates in the world. In a 2002 profile in
Wired magazine, Benter was referred to by many of his peers as "the
most successful sports bettor in the world."

His financial backing has benefited a number of local groups.

Iwinski, who studied classical music at Duquesne University, says
the Pittsburgh Symphony is the "heartbeat" of the city and its
greatest cultural ambassador, which is why he put Acusis on the
line for a $225,000 contribution over three years.

Iwinski also targeted Propel Schools, a Homestead-based network of
charter schools, with a $100,000 contribution.

Iwinski said Acusis' revenue doubled in 2004 and is expected to
grow faster this year and exceed $10 million. "We hope to be
profitable by the third quarter," he said.

Acusis now has 550 transcriptionists in India, many who work from
home, and more than 50 software engineers.

"We take our customers to our facilities in India to audit them. We
don't try to hide it," he said. "We think work should be done where
it's done at the best quality at the best price." He said
offshoring has not cost American jobs because demand is so high
compared to the capacity.

http://pittsburghlive.com/x/tribune-review/business/s_305045.html

3) MedQuist Names New Senior Vice President, Human Resources

MedQuist Inc. announced the appointment of Adele Barbato as its new
senior vice president of Human Resources.

On February 28, Barbato will join MedQuist as the company's first
senior vice president of Human Resources. She comes to the company
from a distinguished career with Unisys Corp., where she most
recently was vice president of Human Resources - International
Operations and Global Diversity. Prior to holding that position,
Barbato was the senior HR leader for many of Unisys' business
units, as well as providing specialized leadership in organization
and talent development areas. Her major initiatives have included
the implementation of a fully-integrated performance management
system and the design of a new organizational model and foundation
for cultural transformation.

http://www.mysan.de/international/article42604.html

4) Outsourcers Anxious To Safeguard Privacy

Nearly two-thirds of companies surveyed last year by a leading IT
consulting firm said they weren't outsourcing abroad because of
security concerns. Of respondents who are outsourcing, nearly half
said they weren't doing more overseas because of the issue,
according to the Forrester Research report. Ensuring the security
of customer data and other sensitive information remains a top
concern of U.S. companies increasingly sending call center and
computer work to lower-wage nations.

"If you have even one minor breach that makes it into the press,
it's over," said Rick Rossow, IT policy director at the U.S.-India
Business Council in Washington. "It's not going to take a lot for
companies to pull back."

India, the leading destination, has the most at stake. "We want to
make India kind of a Fort Knox of information of the world," said
Sunil Mehta, vice president of the National Association of Software
and Service Companies, Indian outsourcers' pre-eminent trade group,
based in New Delhi.

For several years, NASSCOM, Indian industry executives and other
groups, including the U.S.-India Business Council, have been
hashing out privacy proposals for Indian lawmakers to consider.

NASSCOM has worked with lawyers in both countries to identify gaps
between U.S. and Indian laws. Within a month, the group hopes to
complete proposed legal amendments, Mehta said.

The group's Trusted Sourcing Initiative educates outsourcing
providers in India about U.S. regulations and good security
practices.

Indian outsourcers typically prohibit cell phones , pencils, pens
and paper so employees can't record or share information.
Identifying information, such as Social Security or credit-card
numbers, are scrambled or masked. Employees can't access the
Internet, and they often handle only part of a process, so they see
only some of a customer's information.

http://www.technewsworld.com/story/40674.html
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All original content of this newsletter is © Copyright 1998-2005
Mediweb Infotech Pvt. Ltd. All cited articles are copyright of
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Thank you for your interest in MT India!

The MTIndia Team
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