The bright future of Medical Transcription in India

A lot of transcription is outsourced to countries like China, Turkey and India. However before we get into Medical Transcription in India, let’s take a look at what medical transcription is actually about.

Medical Transcription as mentioned previously is basically the process of converting a doctor’s prescription which starts off as an audio file into a word document. This action is usually done by a medical transcriptionist.  Most hospitals in Europe and America are now outsourcing their transcription requirements to other countries. One of the countries that this is being outsourced to is India. There are number of reasons why Transcription in India is popular. 

1. Space Saving: By opting to outsource medical transcription, hospitals will not have to clear space and set up departments for medical transcriptionists to execute the task.  In a time where space constraints are a major issue for a number of hospitals, outsourcing seems like the perfect option. Moreover, storing transcripts as a soft copy is always more convenient and easy than dumping all the medical record files in a storeroom. Eventually, it even saves on the storage space!
2. Cost  Saving : Outsourcing medical transcription is cost saving in a number of different ways ;
   1. By not having to build an in-house medical transcription department, they save money on the cost of structuring an in- house office!
   2. Labor in developing countries like India is far cheaper than it is in the west.
   3. The value of the dollar and pound is far higher in countries like India. This means that the hospitals end up saving up a lot of money by choosing to outsource this work.
   4. Turnaround time - Turnaround time is critical in the medical industry. Countries like India and Turkey can hire more labors owing to the cheap labor wages. This makes the turnaround time extremely quick and efficient.
   5. Language - India has huge pool of English speaking resources. Medical transcriptionists in India all graduates and most of them are in fact science majors. Their qualification teamed with their fluency in the language makes medical transcription training easier.

Considering the growth of the medical industry in recent years and the importance that medical transcription has received it’s no wonder then that more and more people are opting for jobs as medical transcriptionist. Recent results of outsourcing work to India have proven extremely beneficial and more and more hospitals are now beginning to outsource this work to India. More and more doctors are now being wrongly sued by patients in hospitals across the west. In order to combat these wrong accusations medical transcriptions are absolutely necessary. So as long as there is a need for transcriptionists Medical Transcription India will continue to see business from the west.