Wednesday, October 08, 2008

The Future of Medical Transcription - An Open Forum

IAMR, the industry body for medical transcription companies, organized a seminar on the Future of Medical Transcription at PGRRCDE Auditorium, Osmania University on Monday, October 6, 2008. The seminar was aimed at providing an open forum to MT professionals to discuss issues of common concern to the industry.

More than 190 MT professionals from seven of the leading companies attended the seminar. The keynote presentation from Raghu Vasu, CEO of Transdyne threw light on recent trends in the healthcare and healthcare documentation industry, emerging technologies, best practices, and highlighted the challenges facing both the business and the professionals and outlined appropriate responses. This was followed by an open forum where a panel of CEOs consisting of Mrs. Vijay Kumar of Vision 2K, Pydah Venkateswar Rao of Vasavi Prosoft, Raghu Vasu of Transdyne and Ramakrishna Tummala of Worldtech answered questions from the participants on a wide range of topics, such as the fluctuating dollar rate, new technologies, how to assess an employer, lack of awareness among the common people regarding MT as a serious career choice, etc.

At a time when downsizing and pink slips are the order of the day, the MT industry is seeing a resurgence with the consolidation and convergence of tried and tested business models resulting in growing business volumes and demand. This increased demand often also results in unwise responses at all levels. With this seminar, CEOs of the leading companies came forward to share their knowledge, expertise and perspectives in an open forum with MT professionals to dispel myths and create a positive understanding.

In view of the tremendous response to this seminar, it was suggested that IAMR could take this seminar to member companies so that all associates can benefit from it.

The morning session was followed by an afternoon of fun and games, conducted by Rajesh of Accentia and Harika of Vasavi Prosoft. The winners of the contests are listed below.

Bindi contest: Sravanti (Accentia)
Kiss the miss: Santosh Kumar (Accentia)
Clips contest: Janardan (Vasavi)
Balloon war: Sultana (Transdyne)
Balloon blowing: Balwant (Accentia) for quality
Ravi (Worldtech) and Safiya (Trandyne) for productivity
Singing: Manjula (Transdyne), Rebecca (Transdyne), Pooja (Worldtech), Yuvraj (Worldtech)

IAMR was formed by all the leading companies in July 2002 under the stewardship of Worldtech, Transdyne, Elico, Vasavi Prosoft, VasantScribe (now Accentia Tech), and CKAR, and nearly 20 other charter members, with the following objectives.

1. Representational. Help member companies take up policy and infrastructure related issues with government agencies and decision making bodies in one voice.
2. Networking. Create opportunities for networking within the industry through events and conferences
3. Educational. Make comprehensive industry-specific information available to members.
4. Promotional. Promote India as preferred MT and Healthcare services destination. Create awareness in media (local and international) regarding MT as a viable career pursuit and India as an attractive offshore MT destination.

IAMR has represented the industry at forums addressing labor laws, infrastructure requirements, provision for better bandwidth and power availability and tariffs, and education.

IAMR meets regularly to share best practices, industry trends, vendor information, etc. It also organizes conferences on subjects of relevance to the industry, both at the managerial and employee level. Some of the events organized by IAMR include seminars on Yoga at the Workplace, Change Management, Strategies for fluctuating forex, Career Destination with AAMT Director, Peter Preziosi, etc.

IAMR has worked through agencies like the Board of Intermediate Education, the AP State Council for Higher Education, Doctus, Osmania University and Nizams College to design and execute MT training modules at the junior college and degree college levels.

More details regarding IAMR can be found at their website



Dear Reader:

The future of Medical Transcription-An open Forum.

This is ANIL OBEROI, Director Transcription Services of Arpan Infotech, Chandigrah would like to highlight a similar initiave taken by TRICTY MEDICAL TRANSCRIPTION FORUM, by Mr. Pratap Aggarwal of IDS INFOTECH, Mr. Vijay Kumar of DRISH INFOTECH and ANIL OBEROI of ARPAN INFOTECH.

Arpan Infotech has started conducting Medical Transcription Classes in GOVT colleges of Chandigarh, Panchkula and MOhali just to INvite FRESH talent into this industry, otherwise Transcription may move out to Phillipines, Indondesia and CHINA.

mail to:
M: 098159-08956

Subhorup Dasgupta said...

It is heartening to see similar initiatives come up in the major transcription centers. Congratulations Mr. Oberoi. Efforts such as yours will go a long way to strengthen the brand image of India.

William said...

Exploitation starts here..!!
Recently I saw an advt. on a Medical Transcription forum for HBT, the rate of which was 50 ps per line, this was a huge shock.

Guys, beware of these kind of people. These are the ones who are exploiting Medical Transcription talent to the limit. If a US client pays you 1 cent i.e. 50 ps/line for a direct contract you go ga-ga, think how beneficial it is for you to work for 50 ps/line. Even a beggar does not take 50 ps these days. The sooner you drop in 50 ps, he will give you a disgusted look as if to say "hey, I got more money than your 50 ps."

As an MT with a good amount of experience, we should have some self respect. Exploitation is happening in a huge way now because of the so-called recession, but frankly the recession is only in the mind and that bug has not hit the medical transcription industry. The people who make the biggest noise about recession are the ones who genuinely don't have work. If recession is to be believed then why do we see so many medical transcription advt. in the newspaper, the internet, the references being made, and so on.

So, my sincere advise to all you Medical Transcriptionist friends out there is to know your own potential and not undersell yourself for any company. A company when it hires analyzes you and then pays you for your work, and working at rates almost Zero will not get you anywhere.

So, beware and stop getting exploited. This field is vast. There are excellent paymasters in the market. Find them and work for the best, if not the best then at least good paymasters.

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Prakash said...

Great post! and thanks for the post.
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medical transcription said...

Even with new software or technology used for medical transcription, I don't think that the future for MT professionals is going to change. We are still going to help them help out in the medical industry and they still play a very important role in the medical process.