The Medical Transcription Industry in India has provided highly rewarding and satisfying jobs since the first decade of the new millennium for graduates with good English skills. Thanks to its largely English-speaking workforce, and its geographic location in a strategic time zone, India has attracted large scale MT business and has grown to be the leading destination for outsourced work from countries like the United States and England. Recent political and social developments in the US further point to a boom in this industry, promising more employment opportunities in India in the days to come.
Career Opportunities
According to the US Bureau of Labor Statistics Employment projection, Medical Transcription job opportunities in the US are projected to grow at a rate of 8% till 2022. The inclusion of over 40 million more people under health insurance coverage by 2019 brought about by the ‘Obama Care’ legislation, America’s aging population contributing to an increased number of healthcare visits, the continued emphasis on accessible electronic documentation, and the retirement of a high number of Medical Transcription professionals is anticipated to strongly stimulate the need for more medical transcription services and manpower.
Salary
According to research conducted by www.payscale.com, the average salary for a medical transcriptionist fresher in India is Rs 176,344 per year. With good experience, the right attitude and proficient quality, an MT professional can earn as much as Rs. 360,000 p.a. In this career where merit-based promotions are the norm, smart graduates with good English skills can hope to make it big with postings in management as well.
Training
Getting the right training at the hands of industry experts plays a very crucial role for attaining success of anyone aspiring to be a professional medical transcriptionist.
Getting the right training at the hands of industry experts plays a very crucial role for attaining success of anyone aspiring to be a professional medical transcriptionist.
For successful training & placement in the MT industry, An industry-oriented training program that provides for comprehensive coverage in English Grammar, MT theory, Medico-Legal aspects, and Language of Medicine as well as adequate exposure to real medical transcription files from all human body systems, adequate guidance and timely counseling are necessary.
Work From Home
With many companies offering the option of working from home, Medical Transcription has also become an excellent option for retirees, college students and stay-at-home moms wishing to earn some extra money by working part-time or full time. Work-life balance has now become a reality for many Medical Transcription professionals. Therefore Medical Transcription has become, and continues to be a boon for many.
With many companies offering the option of working from home, Medical Transcription has also become an excellent option for retirees, college students and stay-at-home moms wishing to earn some extra money by working part-time or full time. Work-life balance has now become a reality for many Medical Transcription professionals. Therefore Medical Transcription has become, and continues to be a boon for many.
1 comment:
This blog, and others like it, will hopefully provide the impetus for more freshers to join the medical transcription sector while also encouraging existing employees to stick to their current jobs. It will also help prove to the detractors and naysayers that MT as a job-providing health BPO industry is still a force to be reckoned with.
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