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

Feb 24, 2007
********************************************************

AHDI (AAMT) and MTIA Forge Partnership

********************************************************
ADVERTISEMENT:
****************
Lakesystems is a well reputed B'lore based company, into its 7th
year of successful operations. With a client base spread across
North America and Australia, we are now embarking on an aggressive
growth plan with the intent of doubling our production capacity. We
are looking to recruit highly motivated and ambitious individuals
in the following capacities :

Proofers : Min proofing exp of 2yrs.

Medical Transcriptionists : Both In-house and Home based,
experienced and freshers welcome. No night shifts, attractive
packages/incentives, excellent career growth.

Contact : Lake Systems Pvt Ltd.
#159, Sarjapura Road.
Koramangala 1st Block.
B'lore-34
Phone : 41313724, 25523946, 2553653
Email : recruitment@...

********************************************************
Dear Friends,

It is official now - I quote from the press release:

The Association for Healthcare Documentation Integrity (AHDI) -
formerly the American Association for Medical Transcription - and
the Medical Transcription Industry Association (MTIA) announced
that the organizations have formed a strategic legal partnership to
pool critical resources and collaborate on key initiatives. The
associations have formed a business relationship that will allow
for the outsourcing of selected MTIA business operations to AHDI,
the equal utilization of a mutually agreed upon Executive Director,
and merging of efforts on agreed-upon tactical and strategic
initiatives as defined under the relationship.

"It is no surprise that we find ourselves in the midst of a rapidly
changing healthcare delivery market. In response, the dynamic
partnership between AHDI and MTIA immediately brings forth a highly
strategic collaboration, greater union of combined resources and
unlimited amounts of collective expertise," states Jay Cannon, 2007
president of MTIA. "I believe this coordinated effort will address
many of the critical areas concerning the future state of clinical
documentation processing; not only for our respective members, but
supporting business partners as well."

AHDI 2007 President Cathy Baughman, CMT, FAAMT agrees. "At this
historic time in health information technology, with a national
movement toward an electronic health record, this collaboration
will provide both memberships a unified voice when establishing
health policy as it relates to standardization of documentation,"
says Baughman. "Knowing how critical this process is to the way
medicine is practiced, it makes good sense to bring together the
expertise and wisdom of each association so that we eliminate
redundancy in operation and channel our joint resources toward
driving the real initiatives that impact the industry."

To read the entire press release, go to:
http://www.aamt.org/scriptcontent/downloads/PressRelease013107.html

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) Philippines Medical transcription sector rakes in $75M in
revenues

The medical transcription (MT) sector is expected to grow faster
than the call center industry after generating an estimated $75
million in revenues in 2006.
Industry group Medical Transcription Industry Association of the
Philippines Inc. (MTIAPI) noted a sharp rise in total revenues in
the last three years from $42 million in 2004, based on figures
from the Board of Investments (BOI). The association also increased
its membership from 46 to 70 member-companies in the last 12
months.

"The steady decline in the number of qualified medical
transcriptionists in the US is driving companies there to outsource
offshore to destinations with strong English-language skills," said
Gonzales, who is also and executive for SPi Technologies, a local
business process outsourcing firm that offers third-party MT
services.

According to ValueNotes Research, 40 percent of the total MT market
in the US is being outsourced to third-party service providers;
five percent of which is contracted abroad.

India gets nearly 80 percent of the offshore MT market while the
Philippines gets about 10 percent. (Inquirer.net)

http://www.asianjournal.com/?c=190&a=18108

2) MedQuist and IQMax Strengthen Partnership, Deliver Mobile
Point-of-Care Solutions to Healthcare Market

IQMax will be showcasing its mobile solutions in MedQuist's booth
(#6451) at the HIMSS 2007 Annual Conference and Exhibition next
week in New Orleans, utilizing some of the newest mobile devices in
the market, including the popular Palm(R) Treo(TM) 700w and 750
devices, as well as the Cingular(R) 8525 and the Verizon Wireless
XV6700.

MedQuist's PhysAssist IQ(TM), powered by IQMax, allows caregivers
to manage their daily workflow by delivering patient list and
demographic information to physicians on their mobile devices, so
that they can dictate and document patient encounters at the point
of care or in between appointments, at the time and place most
convenient for them.

With PhysAssist IQ, physicians can synchronize their dictated
patient encounters securely in a wireless or wired environment
across any care setting, whether acute or ambulatory. PhysAssist IQ
is certified on more than 40 different mobile devices utilizing the
Microsoft Windows Mobile(R) or Palm Operating Systems, so customers
have a variety to choose from.

http://sev.prnewswire.com/computer-electronics/20070221/CLW01721022007-1.html

3) Philips expands integration of SpeechMagic with electronic
medical record systems

Royal Philips Electronics announced that its speech
recognition-based document creation platform SpeechMagic will be
integrated with CareRevolution from Electronic Healthcare Systems
(EHS). CareRevolution, powered by SpeechMagic, will ensure the
faster availability of accurate medical data in electronic medical
records (EMR). Currently more than 4,000 physicians use
CareRevolution to run their practices more effectively and
profitably. By upgrading to Philips industrial grade document
creation technology the physicians will be able to choose their
preferred dictation and transcription workflow for greater
flexibility, mobility and efficiency. The system can be experienced
live at the Philips booth.

CareRevolution, powered by SpeechMagic, will support digital
dictation, backend and frontend speech recognition, giving
healthcare facilities total control over their document creation
workflow. The system is fully flexible, allowing physicians to
individually choose their preferred dictation workflow and easily
switch between the various transcription methods at any time.
SpeechMagic will also allow physicians to navigate and control the
EMR through voice commands, eliminating the distractions of
keyboard or mouse.

Using the document creation platform SpeechMagic, hospitals can
increase productivity and reduce administration costs. The over
8,000 installations of SpeechMagic worldwide include hospital- and
region-wide deployments in the United States and Europe.

http://www.healthtechwire.com/Press-Release.56+M5caa55be77f.0.html

4) Work opportunities in MT: Myths and facts

Are there really good opportunities in MT?

The demand for medical transcription will continue to increase as
the demand for health-care rises. Medical transcripts are the
source documents and "proofs of work done" to meet US federal and
state requirements by medical practitioners, and the basis of
patient medical management.

India, Philippines, Pakistan and other countries continue to
service US health-care facilities as the demand for electronic
conversion of medical records increases by 15 percent to 20 percent
every year. The number of medical transcriptionists needed by the
country is forecasted at 100,000 by year 2010.

Is training required to be an MT?

It is not a keyboarding skill. It is a language skill. In order to
properly translate and document patient care records, the MT must
employ the knowledge of English grammar and usage, understanding of
basic anatomy and physiology, disease processes, laboratory
medicine, and pharmacology in order to select and use appropriate
terminology, since there are many sound-alike words in the medical
language. Knowledge of business technology and computer operation
is also important. Listening and researching skills are also
critical components in the learning process.

Big bucks . . . are they real? ........... Is there an age limit?
......

http://www.manilatimes.net/national/2007/feb/11/yehey/mt/20070211MT1.html

5) Nuance, Dictaphone Healthcare Solutions to Showcase New Speech,
Mobile Technologies and Partnerships at HIMSS 2007

Nuance Communications, Inc. announced that it will demonstrate the
latest in speech technology for the healthcare industry and it
expects to make several important partner, customer and solutions
announcements in conjunction with HIMSS 2007.

-- "What are you really paying for transcription services?"
-- "Speech recognition is transforming medical documentation"
-- "Speech recognition works: the essential overview"
-- "How speech recognition can boost adoption of your EMR"

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&ne\
wsId=20070214005888&newsLang=en
++++++++++++++++++++++++++++++++++++++
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 1998-2007
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