July 15, 2006
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Light A Candle for Mumbai - 7/11

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its Hyderabad centre and providing work for another 200 people
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Dear Friends,

Mumbai came to a shocking standstill on July 11 when serial blasts
ripped through its local trains, killing and wounding hundreds. But
the city of dreams stood fearless and fighting fit.

Salute Mumbai's never-say-die spirit and Light a Candle for those
who succumbed to the blasts or got injured. For every candle you
light, CNN-IBN and Channel 7 will donate Re 1 for the relief of the
victims.

http://clients.ibnlive.com/features/mumatt/

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 Climbs in 2006 Rankings of Healthcare IT Companies

Spheris has climbed to number 19 among the world's largest
healthcare IT companies. The 2006 rankings were published in the
June issue of Healthcare Informatics, which charts the top 100
companies in the industry in terms of overall revenue and
percentage of growth.

This is the first year that Spheris has reached the TOP 20. Last
year, Spheris was listed at number 28, up from the 35th position in
2004. Spheris is once again ranked in the TOP 10 for growth among
healthcare IT companies. This year, the company was listed at
number 9, which makes three consecutive years in the TOP 10.

"Spheris is taking a leadership role in the clinical documentation
industry by executing our strategy to offer the most effective
blend of technology and service to meet the growing needs of modern
healthcare facilities," said Spheris President and CEO Steven E.
Simpson. "The steady growth of our company over the past three
years is a tribute to the dedication and skill of our entire
team -- from our 5,500 medical transcription specialists to our
innovative and experienced management team."

http://biz.yahoo.com/prnews/060712/clw008.html?.v=54

2) PLDT acquires BPO firm SPI for US$135M

Philippine Long Distance Telephone Co. (PLDT) has finalized the
acquisition of business process outsourcing firm SPi Technologies,
Inc. through subsidiary ePLDT. EPLDT acquired 100 percent of the
shares of SPi from its sole shareholder, SPi Tech L.P. for
US$135.34 million in cash, PLDT said in a statement Tuesday.

This acquisition also manifests our commitment to make the
Philippines one of the leading business process outsourcing
locations in the world" said Ray Espinosa, president & chief
executive officer (CEO) of ePLDT.

According to PLDT, SPi is the second largest "pure-play" BPO
(business process outsourcing) company and the ninth largest
independent BPO service in the world. SPi has operations in 19
locations in North America, Europe and Asia.Its customers include
Fortune 100 companies, non-profit organizations and government
agencies in the financial services, healthcare, legal and
publishing markets. SPi operates facilities in the Philippines,
India, U.S., China and Vietnam.

Last year, SPI acquired the medical transcription business of the
Coimbatore-based KG Group in an all cash deal.

http://www.webwereld.nl/articles/41984/pldt-acquires-bpo-firm-spi-for-us$135m.ht\
ml

3) Trade dep't, Chamber line up activities for SME Week - MT
Seminar

THE Department of Trade and Industry (DTI) in Southern Mindanao and
Davao City Chamber of Commerce and Industry Inc. (DCCCII) are
working together in implementing various activities for the Small
and Medium Enterprise (SME) Week celebration on August 17 to 23.

In developing these SMEs, the organizers have lined up a number of
trainings and seminars that are of different topics.

The DTI, for instance, will spearhead the conduct of two events
namely: Medical Transcription: Its Business Prospects, and Forum on
Information Technology (IT) Solutions for SMEs.

The training on Medical Transcription: Its Business Prospects is
slated on July 18, from 1 to 5 p.m., DTI Conference Room,
Monteverde Avenue corner Sales Street, Davao City.

This training will provide the participants with an overview of the
medical transcription (MT) industry, requirements in setting-up
such business, MT learning system, and its financial support

http://www.sunstar.com.ph/static/dav/2006/07/14/bus/trade.dep.t.chamber.line.up.\
activities.for.sme.week.html

4) Musharraf urges coordinated approach for industrial progress

"We need an efficient implementation of a strategy to meet the
rising demands of rapid industrial development both at national and
local levels," President Pervez Musharraf said.

He was speaking at a presentation on objectives set forth by the
National Vocational and Technical Education Commission (NAVTEC),
the current status and requirements for training of manpower on
modern lines and in accordance with local economic potential.

President Musharraf said a combination of new initiatives and
improvement in the existing infrastructure should lead to visible
results in terms of raising the quality of the workforce and
expanding it.

"We have to keep up the momentum of economic growth and focus on
several booming sectors like infrastructure building, housing
information technology, tourism services, commercial support,
livestock, transport, medical transcription workers - and at the
same time strive for value addition in the traditional agriculture
sector," he emphasized.

http://www.dawn.com/2006/07/13/top9.htm

5) Overcoming adversity makes dream come true

Deffler attended classes at the Blind Center in Daytona to learn
medical transcription. Using a piece of equipment called JAWS and a
headset, Deffler learned to use a Dictaphone to listen to doctors'
reports and then transcribe them. JAWS will read aloud any
material, which enables Deffler to hear. "I did well in the class,"
Deffler said, "but had a difficult time finding a job in that
field."

http://www.ocala.com/apps/pbcs.dll/article?AID=/20060710/FEATURES09/207100310/10\
15/news01
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Thank you for your interest in MT India!

The MTIndia Team
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