May 15, 2006
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A Happy MT Week!

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ADVERTISEMENT:
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ELICO - TLs/Proofers/Editors/QA/QC wanted
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The candidate should have minimum 4-5 years of experience in Transcription
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web site: elicobpo.com

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Dear Friends,

While the week is dedicated to you, do take time out to share your plans for
MT week.

As usual, its time for the Annual MT India Quiz Contest!

Preliminary rounds on 23rd, 24th & 25th with the Finals on 27th May, to
select the winner of the MT India Quiz Contest '2006.

The Quiz will be online at www.mtindia.org/mtweek at 0600 hrs on 23rd May.
Entries must reach us by 2200 hours, the same day, and so on...

Wishing you all A Happy MT Week!

Ciao!

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

"It takes years to become an overnight success! Inch by inch, it's
a cinch."

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NEWS AND VIEWS :
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1) Spheris Completes Acquisition of Vianeta Communications

Customers are telling us they want an integrated technology and service
solution that is flexible enough to be combined and deployed effectively
across their health information management and radiology IT systems," said
Steven E. Simpson, Spheris president and chief executive officer. "The
acquisition of Vianeta significantly expands Spheris' technological
capabilities, including speech recognition and XML data tagging for use with
electronic health records, and thereby enhances our ability to meet the
evolving and unique needs of all healthcare organizations."

"Bringing Spheris and Vianeta together combines what we believe to be the
most advanced technology in the medical transcription industry with the most
powerful global network of medical transcriptionists," said Vianeta chief
executive officer Ralph Aceves. "By joining forces, we believe we've created
the best possible solution for addressing the growing expectations of our
customers to improve quality, productivity and turnaround time."

http://www.newswire.ca/en/releases/archive/May2006/08/c4131.html

2) MedQuist Announces Preliminary, Partial and Unaudited Financial Results

MedQuist Inc. announced preliminary, partial and unaudited financial
results, and provided updated information regarding previously-announced
litigation and governmental investigations and proceedings. Once the Company
completes the financial assessment and review of its billing practices
disclosed in the Company's previous filings with the SEC, KPMG LLP, the
Company's independent registered public accounting firm, will complete the
audit the Company's financial statements. The Company is continuing the
process of working toward becoming current in its periodic reports pursuant
to the Securities Exchange Act of 1934. The Company's review of its current
and prior period unaudited financial statements, as well as KPMG LLP's
audits for those periods, may identify adjustments or reclassifications
which may be reflected in the periods to which they relate. At this time,
the Company cannot estimate the total costs of (i) the billing review, (ii)
defense of the class action matters, (iii) the SEC investigation, and (iv)
compliance with the Department of Justice investigation, all of which have
been previously disclosed in either the Company's filings with the SEC or
the Company's press releases.

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&ne\
wsId=20060511005927&newsLang=en

3) How to make money on the Net

It's a sign of the times: an artist who's not starving in a garret, who's
Net savvy, and who sells his paintings online -- for a healthy profit. Meet
Bangalore's Udipi Vasudevarao Umesh, who is a medical transcriptionist
during office hours and an artist and Net businessman otherwise. And he
makes money on both: the medical transcription gives him a steady
bread-and-butter income, while selling paintings is the jam.

Strangely, Umesh did not go online to make money. "I wanted to try out my
creative skills whenever time permitted," he says. "But I did not expect it
to take off the way it has."

http://www.rediff.com/money/2006/may/15spec2.htm

4) Electronic Medical Records Gaining Popularity Among Physicians

Challenges remain in creating interfaces between existing hospital systems
and the EMR that will take further development to overcome. Furthermore,
research on medical errors has not consistently shown that the EMR decreases
errors.

Still, EMRs offer several potential advantages for interventional
cardiology: System-wide computerization means that medical records are
available whenever the physician needs them; EMRs contain complete data on
the patient's medical history, diagnostic tests, and treatments; and, unlike
handwriting, EMRs are always legible.

An EMR has other strengths too. It enables the creation of templates, so
that reports on diagnostic studies or interventional treatments can be
completed easily, accurately, and immediately -- without the delays of
dictation, transcription, or filing.

http://www.consumeraffairs.com/news04/2006/05/electronic_medical_records.html

5) MT industry gets bigger share of P500M scholarship program

Philippines' IT industry is receiving more than half of the 500-million-peso
"Training for Work Scholarship Program," a project started by President
Gloria Macapagal-Arroyo to boost employment of applicants in critical
industries.

The program is managed by the Technical Education and Skills Development
Authority (TESDA) and will distribute the 500 million pesos -- split into
100,000 training certificates -- to several industry groups.

The certificates are issued to applicants that are considered "near-hires"
or applicants that fall just slightly short of a hiring company's skills
requirements.

"Sixty thousand certificates will go to call centers, another 2,000 to the
legal and medical transcription sector, 3,000 to the software development
applicants and 100 for animation," dela Rama said.

http://news.inq7.net/infotech/index.php?index=1&story_id=75578

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Thank you for your interest in MT India!

The MTIndia Team
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