Medical transcription services are a popular work from home profession in India. Many mainstream professionals are known to have given up their regular 9 hour desk jobs because of the flexibility, the comfort of working from home and reduced commute and lucrative pay that comes with this particular job.
The job however is just as challenging and even more for stay at home transcriptionists. Since most of the voice records originate from the US or UK or some other European country, these doctors have dialects and accents that are difficult to understand. However Indians being innovative as they are have transcription training classes ranging from a minimum of 6 months to a year to achieve proficiency.
A medical transcriptionist is required to not only understand English fluently but also to have a basic understanding of medical terminology. A transcriptionist, who can transcribe material consistently and accurately, and with a reasonable turnaround time, is preferred. The profession can pay well and with a few basic skills as mentioned, medical transcription is a lucrative option both for employers and employees.
The Government of India has pledged its support to BPOs specialising in medical services outsourcing because of the revenue it brings into country. Transcription in India is the preferred choice for a lot of medical organizations in developed countries. In UK itself, doctors can save over 500,000 pounds just by outsourcing patient records to India. Cash flow of this proportion into India makes it a very beneficial business proposition for Indian companies or freelancing transcriptionists.
India has a high percentage of an English speaking workforce that is notably young. This force not only provides better turnaround times in comparison to aged retired transcriptionists based in developed countries but also the companies who outsource their work to India find them more feasible. Because of the dedication and proficiency of language the quality of work that comes from India is far better than by professional transcriptionist based in the US or UK. India is preferred as a outsourcing hub also because of the time zone - 12 hours ahead of most European countries and more so the US and UK.
Medical transcription India is an almost recession proof industry and Indian transcriptionists are sought after in the West since their entire industry is based on insurance and detailed reports to claim the insurance. Medical billing, insurance processes, data analysis and software development also gets outsourced to India apart from transcription services and for similar reasons.
With the recent liberalization of the internet, and low bandwidth costs – working from home is easy. A home computer, a stereo headset, foot pedal (a device that controls the voice player), and other software necessary for reference of medical terms/drugs are sufficient to independently work in the field of medical transcription services. Apart from just medical transcription, Medical services outsourcingoverall is something that India is betting big on, since apart from those working in BPOs there is a huge untapped workforce that works individually from home, as freelancers.
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