Medical Transcription is the process of transcribing (typing out) medical records while listening to recorded dictation of doctors. Medical Transcription is the fastest emerging field. Presently only around 2% of the total medical transcription work available is being done in India. It is expected that around 5,00,000 (five lac) jobs will be created in the next few years. No academic background whatsoever is required to become a Medical Transcription professional. Demand for Medical Transcription will continue as long as people need health care.
Medical transcription is a part of the healthcare industry which is itself recession-free. The demand for trained medical transcription professionals has been increasing while the number of available transcriptionists in USA has been decreasing.
Outsourcing transcription results in lower costs and faster service, making outsourced transcription a preferred choice for hospitals. Being one of the most established MT companies, TransDyne is well set to capture a larger share of this very promising market.
One can start career as a Process Associate and can go on to become a Process Specialist or a Quality Analyst. Through "Leadership Development Programme", TransDyne identifies those with good leadership qualities and managerial skills and grooms them to become managers.
The salaries for an Process Associate start from Rs.8,000/- to Rs.9,000/- per month. Process Associates are also eligible for incentives linked to their monthly volumes. Good Process Associates can earn above Rs. 13,000/- per month including incentives, after about four months in production.
Process Specialists draw an initial salary of Rs. 16,000/- per month. Take home salaries for good Process Specialists can be around Rs. 20,000/- per month, including incentives, after four months of experience as a Process Specialist.
Senior professionals draw anywhere upwards of Rs.30,000/- per month.
Training for Medical Transcription includes American English, Medicine, transcription-related software, computer and internet skills etc. Training duration is for 2 months, six days a week, followed by two to four months of on-the-job training for practical orientation. Training expenses are borne by the company. TransDyne also provides stipends for eligible Trainee Associates and Specialists.