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

Sep 13, 2008
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AHIMA Vision 2016 White Paper: A Blueprint for Quality Education

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ADVERTISEMENT:
****************
Lakesystems is a well reputed B'lore based company, into its 9th
year of successful operations. The company's Nashik endeavor has
been a huge success and is poised for further expansion this year.
With a rapidly growing 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.

Calling allof you who have growth and prosperity foremost on your
minds..

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

In a study conducted in October 2007, graduates of AHDI approved
schools had an 83% pass rate on the RMT exam versus an overall pass
rate of only 60%.

Nonetheless AHDI feels that the rapid changes taking place in
healthcare documentation will ultimately require a graduate with
more applicable knowledge regarding electronic health records,
speech recognition technology, and other emerging technologies that
impact healthcare documentation (data tagging, database
warehousing, natural language processing, etc.), as well as
superior critical thinking skills that will enable them to serve
reliably as risk managers.

In concert with AHIMA's Blueprint, AHDI puts forth the following
key priorities:

KEY PRIORITIES FOR MEDICAL TRANSCRIPTION EDUCATION

1. Elevate the medical transcription certificate program to an
associate degree by 2016
2. Inform and retool under-educated medical transcriptionists to
meet the needs of the changing workplace
3. Develop an advanced level degree program for healthcare
documentation experts encompassing a more technical role by 2016
4. Prepare a capable team of educators to facilitate this
transition by 2016
5. Develop a series of relevant apprenticeship programs to better
bridge the gap between education and employment
6. Work with allied health partners to create a meaningful career
lattice in healthcare that will attract the next generation
workforce and make the best use of our currently scarce resources

To read the white paper response document:
http://www.ahdionline.org/scriptcontent/Downloads/AHIMAVision2016WhitePaperAHDIR\
ESPONSE.pdf

Cheers!

Dr Amit Chatterjee, SM
Strategist / Founder ~ amit.chatterjee <at> mtindia.org
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) Acusis Receives High Growth Recognition Honor

Acusis was again recognized by the Pittsburgh Business Times as one
of the regions Pittsburgh 100 top companies. Overall the 2008
Acusis #24 ranking is the third straight year of Acusis recognition
including being in a select group of only half of the 2008 awardees
repeating from 2007. In the professional services/consulting
category Acusis ranked #11 out of 31 acknowledged companies. All
companies are significant leaders from a wide diversity of business
growth and commercialization successes in technology, products and
services markets. The 100 fastest-growing rankings in 2008 were
determined by the total percentage revenue growth between 2005 and
2007 for the greater Pittsburgh area privately owned companies.

"I am very honored that our continued high growth success is
recognized within a most select group of our regions most
successful companies," stated David Iwinski, Jr., Acusis President
and CEO. Mr. Iwinski further elaborated, "Acusis is driven by our
global employee's passion and dedication to serve each new and
existing customer as they were are only customer. Our focus and
commitment to make decisions and take actions to expand our
nationwide healthcare provider relationships will continue to
further our expansion in the health information management
transcription services market."

http://www.marketwatch.com/news/story/2008-pittsburgh-100--acusis-receives-high/\
story.aspx?guid={4900F424-ADF5-40F9-8569-E61737C4346A}&dist=hppr

2) Bengal Transcription unit ties up with US company

South Bengal's lone medical transcription unit has made a pact with
a leading US company to work together in the field of primary BPO
services. C-Bay Systems Incorporate, USA has tied up with Universal
Medi-Com Transcriber- South Bengal's lone medical transcription
unit here.

The US based MT major has agreed to a Rs 4.10 crore annual
off-loading of ITeS jobs in favour of UMCT that has commenced from
August itself. Mr Samrat Chatterjee, director, UMCT said: "This
will help in generating 66,000 online working hours in one year
which incidentally will create 300 additional direct employment
opportunities every year." He added: "To help develop a sustained
skilled manpower pool we have also floated a state of the art six
months training module accommodating 200 intake per session."

According to the Nascom reports, MT is projected to be India's
fourth largest industry and job provider, though the Nascom
database has reflected a very disappointing trend with severe
dearth in supply of trained medical transcribers in the country.
According to Nascom, the outsourcing industry is apprehended to
face a shortage of 4,00,000 professionals by 2010.

http://www.thestatesman.net/page.arcview.php?clid=10&id=244955&usrsess=1

3) Acusis promotes Dyer to CEO

Acusis, which provides medical transcription services, promoted Ray
Dyer to CEO of the Pittsburgh company. He has been with the company
since its inception, most recently as vice president of business
development. Dyer replaces David Iwinski, who left to join a
private-equity firm in the health care industry.
Mr. Iwinski remains an investor in Acusis and will continue to
serve as an active member of its Board of Directors. "I have
enjoyed working with the talented and dedicated associates of
Acusis to deliver superior value for our customers," said Mr.
Iwinski. "The experience, capability, and dedication of the team
provide a strong foundation for the Company. I am very pleased to
have a person of such broad-based executive experience leading the
organization and believe that Ray's knowledge will be of great
value to Acusis as he guides our Company forward."
http://www.pittsburghlive.com/x/pittsburghtrib/business/s_587183.html?source=rss\
&feed=4

4) 4-Star Stocks - Nuance Communications

Based on the aggregated intelligence of 115,000-plus investors
participating in Motley Fool CAPS, the Fool's free investing
community, speech software provider Nuance Communications has
earned a respected four-star ranking. While five-star stocks have
been the best performers, our data has shown that four-star stocks
still outshone the market by a significant margin and shouldn't be
taken lightly; conversely, low-rated stocks have woefully lagged
the market average.

Over on CAPS, fully 1,432 of the 1,483 All-Star members who have
rated Nuance Communications - some 97% - believe the stock will
outperform the S&P 500 going forward. These All-Star bulls include
fredericch and EMG114, both of whom are ranked in the top 15% of
our community.

In mid-2006, fredericch reminded our CAPS community that Nuance
"dominates the IVR market in the U.S. and abroad. They have the
bulk of the market in dictation and voice recognition
transcription, thanks to a number of strategic and daring
acquisitions."

A more recent pitch from EMG114 in April of this year followed that
bullish line of thinking, elaborating the company's
acquisition-enhanced competitive edge:

http://www.fool.com/investing/general/2008/08/13/4-star-stocks-poised-to-pop-nua\
nce-communications.aspx

5) Aegis BPO on prowl, eyes four companies

The Essar-owned $330-million Aegis BPO is once again on prowl. It
plans to buy four BPOs in a year. Aegis has already acquired 11
companies during last four years.

In 2007, Aegis gobbled up Gurgaon-based Global Vantedge, which
added 1,500 employees and a large collections and receivables
vertical to its kitty. The same year it bought Kolkata-based
Stesalit Infotech, which added medical transcription to its
offerings.

http://economictimes.indiatimes.com/Infotech/ITeS/Aegis_BPO_on_prowl_eyes_four_c\
ompanies/articleshow/3464604.cms

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The MTIndia Team
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