In all the ups and downs the
outsourcing industry has seen, one field that has been steady is the Medical transcription services industry.
Flexible timings, option to work from home and good remuneration are some of
the key factors in making medical transcription a sought after career. Medical
transcription is the method of transcribing the audio files consisting of
detailed medical reports, test reports, laboratory reports, operative reports
and discharge summary that are dictated by physicians. In countries like the
USA, the government makes it mandatory for hospitals and physicians to maintain
the medical records of all the patients for future reference. Insurance
companies also require these medical records for the settlement of insurance
claims.
India is sought after by many
countries for their medical Transcription services. Medical transcription
industry began in India around 1996. A study indicates that medical
transcription industry in India is expected to grow at a CAGR of 4% and will
reach US$ 1 billion by 2020. Let us see
the factors that benefit Indians in taking up Medical transcription jobs and making it a booming industry:
Minimal Education: Though medical
transcription is a specialized field and requires certain skills, it is not
mandatory to have a certification to gain entry into the industry. Anyone with
a minimum qualification of a bachelor’s degree can get into medical
transcription. As Indians give utmost importance to formal education there are
many graduates who can get into this lucrative career. This large pool of eligible
candidates is a big advantage to companies that are into medical transcription.
Language skills: Another major
reason for the booming industry in India is the language skills possessed by
Indians. They are quick at learning dialects and accents. The English language
being a major subject in most of the schools in India, the students are at ease
with the language and can hone their skills further with a little training that
is offered by many companies. Avontix is one such Medical transcription company in Hyderabad that takes candidates
who are eligible and facilitates their growth in the field.
Cost effective: The setting up of
medical transcription services is economical in India. With a large pool of
educated people vying for Medical transcription jobs, the companies that outsource their jobs to India do it so for cost
effectiveness compared to their country. Though it is cost effective for the
outsourcing companies, the medical transcriptionists here take a pretty decent
salary of around ten thousand rupees at an entry level position. And this
increases with experience as they move on to the next roles.
Flexible timings: Once a medical
transcriptionist gains experience, he/she can opt to work from home or can work
in flexible timings according to their convenience. This is a big advantage to
people from smaller cities and towns who do not wish to relocate from their
hometowns. This also encourages the woman workforce to nourish their career
once again who take a break due to marital and maternity reasons. Avontix, the
best Medical transcription company inHyderabad, takes pride in the fact that more than 50% of its production workforce
is women employees, either working from the office or home.
Picture
courtesy: theworkathomewoman.com
With
such benefiting factors, India has seen a tremendous growth in the medical
transcription field until now and is going to achieve further growth at the
same pace. Join one of the most lucrative careers and reap the benefits of
growth along with the industry.
Visit: Avontix
Visit: Avontix