MT India Newsletter - http://www.MTIndia.info/

Dec 30, 2006
********************************************************

A Happy and Prosperous 2007!

********************************************************

ADVERTISEMENT:
**************

If you are a QA reading this newsletter, you must be experienced
and have an interest in the industry. However, do you have what it
takes to be a member of our SuperQA team, correcting work from MT
vendors across the country? You know medical terminology but do you
think your English is superior? Are your writing skills at a level
where an American reader will not detect an' offshore' slant? Can
you correct such 'offshore' errors and grammar? Would you like to
be paid more than call centers, with better working hours? As the
last stop before the client sees the work, you will be a SuperQA
correcting the work of the best QA's across India - so you must be
the best of the best. If you have the confidence and experience,
please read further.

iMedX Inc. is a US company that consolidates medical transcriptions
from vendors across India in our SuperQA hub in Hyderabad. We have
thousands of customers in the US that use our revolutionary
TurboScribe(r) technology. The transcriptions are corrected for
medical terminology as well as language. Your role will be to focus
on ensuring that Americanisms and grammar are correct. You will not
have to work the night shift, so you can get home in time for a
late dinner!

For a select few, you may be eligible for rotation in the US. All
applications must include a cover letter and resume emailed to
bpo-jobs@...

********************************************************

Dear Friends,

Seasons Greetings and Best Wishes for a Happy and Prosperous New
Year!!

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) RP medical transcription firms to jointly market services

Saying they were willing to set aside competition, medical
transcription firms in the Philippines are working towards jointly
marketing the industry as a whole in the United States. Myla Rose
Reyes, president of the Medical Transcription Industry Association
of the Philippines Inc. (MTIAPI), said that most local medical
transcription are startups that lack the resources to compete with
bigger players.

"We want to do this to get larger contracts," she said, adding that
any information the organization gets from trade missions would be
shared with its 70 members, mainly local medical transcription
companies and training institutions.

The challenge, however, lies in convincing clients to allow local
companies to pool medical transcription jobs and finding enough
qualified medical transcription professionals, Reyes said.

To date, the Philippines has between 7,000 to 8,000 medical
transcription professionals, she said. Local firms also face the
problem of negotiating better rates.

At present, the going rate is US$0.06 to US$0.08 per line --
sometimes even down to US$0.04 to US$0.05 per line. The group also
hopes to establish a
certification program for medical transcription professionals,
similar to what is offered in the software industry.

http://newsinfo.inquirer.net/breakingnews/infotech/view_article.php?article_id=3\
7640

2) Spheris plans to double its headcount

Spheris India, the Indian arm of the US - based medical
transcription company, plans to double its headcount at its
Coimbatore facility. It is the second location for Spheris in
India, next to Bangalore and it has invested about Rs 10 crore on
the facility, which employs around 500 people. By the end of 2007,
it intends to ramp up its headcount to 1,000.

Mr Suresh Nair, chief executive officer and managing director,
Spheris India, said, "We have registered a 10% plus growth year -
on - year, but we hope to achieve a 30 - 50 % growth over the next
two years, consequent to expanding our operations".

"We are looking to have a presence in Tier II cities across the
country," he said. Spheris is also looking at the emerging
international markets such as Philippines, Sri Lanka and West
Indies .

http://economictimes.indiatimes.com/News/News_By_Industry/Infotech/ITeS/EBIT-_Sp\
heris_plans_to_double_its_headcount/articleshow/841387.cms

3) RP firm fears digitization of US medical records

"EMR can threaten the outsourced medical transcription business
since it is becoming integrated in hospital systems in the US," MS
Global Outsourcing Inc. president and chief executive officer Malu
Simeon-Florendo said in an interview. Because of this trend, the
local firm is also developing its own EMR software, which it
intends to sell abroad. MS Global Outsourcing is now expanding and
diversifying to other areas other than medical transcription. By
next year, the company will do business process outsourcing work.

Companies engaged in the medical transcription turn doctors' and
health professionals' dictated information (audio files) into
digital text file. With EMR, hospitals are now able to
automatically convert most patient information, diagnosis, and
other relevant information into digital format using packaged or
customized software. "If you're going to stick to the medical
transcription business, you're going to die a natural death soon,"
she added.

http://technology.inquirer.net/infotech/infotech/view_article.php?article_id=357\
22

4) Communication ministry's wishlist for 11th plan

The Union IT & communications ministry has advocated greater levels
of industry-academia interaction, an education SEZ and a Rs
150-crore provision for finishing schools during the 11th Plan. It
also wants the teaching profession to be made more lucrative. These
are some of the core HRD-related recommendations submitted by a
high-powered committee in the Union IT & communications ministry to
the Planning Commision for the 11th Plan.

"This is especially important in light of the fact that a projected
total of 3.7 million jobs are proposed to be created in India's IT
and ITeS sectors by 2012," said Mr Siddharth, West Bengal's IT
secretary, who also happens to be a member of the IT ministerial
committee, at the inauguration of the Webel Finishing School for IT
Career at Taratala, the first initiative of its kind in India to be
taken by a state government.

According to Jayanta Sur, in-charge, industry academy partnership,
Webel, the initial batch would start with 100 students, at a cost
of Rs 5,000 each for the general six-week course. "There are also
plans for domain-specific courses, in CAD (Computer Aided Design)
followed by medical transcription," he said.

http://economictimes.indiatimes.com/articleshow/867120.cms

5) MD-IT Expands to Mid-Atlantic Region with Acquisition

MD-IT, a provider of medical transcription services and software to
physicians and ambulatory clinics, announced today that it has
completed its acquisition of MediTranscripts, Inc., a
Maryland-based transcription company. Under terms of the agreement,
the former owner has joined MD-IT and will manage transcription
services in the Washington D.C metro area.

http://news.yahoo.com/s/prweb/20061209/bs_prweb/prweb489153_1
++++++++++++++++++++++++++++++++++++++
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
----------------------------------------------------------------
Please DO NOT reply to this mail id to unsubscribe