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Newsletter - Reaching maturity...   Message List  
Reply | Forward Message #188 of 215 |
MT India Newsletter - http://www.MTIndia.info/

Sep 16, 2006
********************************************************

Reaching maturity...

********************************************************
ADVERTISEMENT:
****************
Infovision Software Pvt. Ltd. (ISPL) is an ISO 9001-2000 Certified
MTSO and one of the leading Medical Transcription companies in
India and the US. Currently, in order to augment our growth
initiative, we require experienced MT's / Editors / QA's for all
our India Based Units (Kolkata & Mumbai).

Please walk in for interview  at : Sri Sai Kuteer  8-2-602/ B/ 3 &
4 Road No. 10, Banjara Hills, Hyderabad-500 034 Tel :(040)
23351048/ 3359/ 60, Date-16th Sep to 18th Sep 2006.(9am-6 pm)

Contact person : Mr.  Subhabrata Dasgupta (09231639423)
hr-mt@...
********************************************************
Dear Friends,

Many years ago, when we were discussing the maturity of the Indian MT Industry, a point of discussion was if the Industry was mature enough and what be the pointers to such maturity.
 
One point of discussion was when Indian MTSO start buying out US MTSOs, a reasonable maturity level would have reached.
 
Another viewpoint was when Indian MTs start bandying their profession in matrimonials, we should consider this was a mature enough Industry.:)
 
In the past one year, we are seeing more of both happening, and in the future the frequency can only tend to increase.
 
I also do consider it significant, when  Good Morning America featured medical transcription last Friday, (link in news below) this is what they had to say "Some of the biggest employers in this field are Focus Infomatics, MedQuist and Spheris."  
 
It does look the Indian MT and industry, both have matured.

Cheers!

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."

********************************************************
NEWS AND VIEWS :
*****************
1) Get a Job, Work at Home

Medical Transcriptionist - this work is focused on translating a
doctor's report to an electronic record of a person's medical
history, diagnosis and treatment. As the health care industry moves
toward electronic health records as the standard - allowing easier
storage and accessibility of an individual's history by physicians
anywhere - there is an increased demand for medical
transcriptionists

There are about 100,000 registered MTs in the United States now -
the majority of them work from home. Technology is paving the way
for more people to pursue this line of work from anywhere in the
country. I talked to a dozen companies that hire home-based agents,
and they're all eager for new hires - both part-time and full-time
employees as well as independent contractors. Some of the biggest
employers in this field are Focus Infomatics, MedQuist and Spheris.

http://abcnews.go.com/GMA/CareerManagement/story?id=2441875&page=1

2) Worldtech Acquires Statdata, Inc.

Worldtech USA, a leader in Business Process Outsourcing
specializing in medical transcription services and electronic
medical records, today announced the acquisition of Statdata, Inc.,
a medical transcription company based in Utica, New York. "This
Summer has been full of milestones including the acquisition of
Stat Data located in New York, which is the first of numerous
acquisitions that are set to be completed in the very near future.
Be expecting at least one more purchase at the end of the Summer.",
said Jeremy White, Director of Marketing for Worldtech.

http://www.worldtechusa.com/Blog/2006/08/worldtech-acquires-statdata-inc.html

3) AlphaBest Consulting and Transcription Partners with Passfaces(TM)
to offer Patented Authentication Technology

AlphaBest Integrates Passfaces into Speech Recognition, Digital and
Workflow Management Solutions for Insurance, Legal and Medical
Industries

Passfaces Corporation and AlphaBest announced a strategic
partnership to increase the availability of Passfaces's
cognometrics authentication solution. AlphaBest will resell
Passfaces products, as well as integrate the Passfaces
authentication technology into its digital documentation solutions
for medical, legal and insurance industry clients. This additional
security offering provides AlphaBest's customers with a unique
authentication capability for securing data repositories and
protected information.

"Security continues to be a big concern for us as well as our
clients," said Julianne Weight, CEO of AlphaBest. "Our clients
handle highly confidential data and require authentication
capability that is a scalable, best-of-breed solution capable of
meeting unique needs in diverse industries. We found this in both
Passfaces' technology and product offerings. We look forward to a
mutually beneficial relationship with the Passfaces team."

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20060912006038&newsLang=en

4) Leeds hospitals to outsource transcription to India

London - Hospitals in Leeds are the latest medical trusts facing
major losses to outsource medical transcription work to India to
save nearly one million pounds a year. Around 60 specialist posts
are to be abolished as part of the outsourcing. Hospitals in Leeds
are reported to be facing debts of 84 million pounds. Several other
hospitals in Britain have already outsourced such work to India.

Dave Prentis, general secretary of trade union Unison alleged
serious mistakes had been uncovered at hospitals, which had already
tried sending work abroad.
Leeds East MP George Mudie said: 'I am very worried about the
security of sending patient information overseas especially as we
know that hackers can get into anything on the internet.

'Also medical secretaries are highly trained in their areas. If
there are any queries, they are usually in the same building as the
doctor to be able to check. That can't and won't happen if the
person typing is in India or anywhere else.'

Medical secretaries at St James's and Leeds General hospitals earn
around 20,000 pound a year. Similar work is undertaken in India for
as little as 44 pence an hour.

http://indiaenews.com/2006-09/22248-leeds-hospitals-outsource-transcription-india.htm

5) Spheris Named 'Awarded Vendor' by University HealthSystem
Consortium

Spheris has been selected as an "awarded vendor" by the University
HealthSystem Consortium (UHC) to supply clinical documentation
technology and services to its members. "From working with several
large academic health systems, we know their clinical documentation
needs vary greatly from one institution to the next," said Alan
Whorton, senior vice president of sales and marketing at Spheris.
"These needs start with a desire to control costs while enhancing
patient care, but often that's where the similarity between
institutions ends."

Spheris has extensive experience providing university medical
centers with a customized, seamless solution that integrates their
acute-care facilities with outpatient clinics and other functions.
Spheris is able to provide a stand-alone technology solution for
in-house transcription services, or to blend its technology
offering with an outsourced workforce with the capacity to handle
any volume of dictation.

"Spheris is uniquely positioned to fulfill the entire range of
solutions that UHC members desire," said Whorton. "We are very
pleased to be able to work with UHC to rapidly deploy our clinical
documentation solutions at every opportunity to bring value to UHC
members."

"We are pleased to offer UHC members, as a result of our
competitive bid process, a contract with Spheris for medical
transcription technology and services," said Cindy White, UHC's
vice president of operations.

"Spheris has a five-year, proven track record with UHC members from
our previous medical transcription contract, and the company
consistently delivers high value and excellent customer service,"
said White. "A task force of UHC members directed UHC to award this
contract to Spheris based on an analysis of the RFP response, which
demonstrated a continued commitment to excellent value, technology,
and service. We believe our ongoing collaboration with Spheris will
bring significant value to UHC members."

http://biz.yahoo.com/prnews/060911/clm044.html?.v=56
++++++++++++++++++++++++++++++++++++++
P. S. Would you like to share this newsletter with your friends
or post it on your site? Please do! But also be sure to read
below:

All original content of this newsletter is © Copyright 1998-2006
Mediweb Infotech Pvt. Ltd. All cited articles are copyright of
their authors and/or respective publications. Please feel free to
share this newsletter with your friends or post it on your site
as long as it is left intact with all links unchanged and this
notice.

Thank you for your interest in MT India!

The MTIndia Team
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MT India Newsletter - http://www.MTIndia.info/ Sep 16, 2006 ******************************************************** Reaching maturity... ...
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