| According to the U.S. Department of Labor, the | | | | companies can save money, many companies are not |
| future outlook for medical transcription looks good. | | | | following this route. |
| This is a lucrative, in demand-career with great | | | | There are various concerns and issues with |
| growth opportunities. | | | | outsourcing to offshore companies. Offshore MT |
| If you're considering a medical transcription course or | | | | companies are not required to comply with HIPPA |
| are already taking one, this is good news. It means | | | | regulations. This means they don't follow the HIPPA |
| you will have plenty of employment as well as | | | | security and privacy guidelines to safeguard medical |
| financial opportunities. | | | | records. |
| Although, medical transcription is predicted to grow | | | | In some cases it can be done, but mandatory |
| and remain stable, there are a few common concerns | | | | agreements required by HIPPA guidelines must be |
| among the MT community. | | | | signed. And precautions must be taken so that data |
| These are the most common. | | | | isn't sent overseas. The overseas vendors must log |
| Will voice recognition replace transcriptionists? | | | | on to U.S. database to do their work, which means |
| There has been talk for a long time about voice | | | | extra systems and measures must be put in place. |
| recognition and new software which will replace the | | | | This can be expensive and time consuming. |
| jobs of MTs. This will not affect you any time soon. | | | | Although, some companies may find the need for |
| There are a number of growing issues and concerns | | | | saving money is worth these risks, most won't. |
| with this software. It is not being used in a large | | | | I agree with the U.S. Department of Labor Statistics |
| setting and has not yet replaced the need for | | | | and believe the future of medical transcription looks |
| medical transcription on the whole. | | | | good and there are many opportunities out there for |
| Medical terminology is complex and the regulations for | | | | the taking. |
| patient records are stricter than ever. At present, | | | | However, although the future of MT looks promising, |
| the most accurate way to transcribe these records is | | | | times HAVE changed. MTs of today should start |
| by trained MTs. | | | | adapting to the ever changing business technology |
| According to the Medical Records Institute, which | | | | around them. |
| actually promotes the use of computerized medical | | | | The technology is there and available for us to take |
| records, current research shows use of speech | | | | our businesses to the next level. With a few clicks of |
| recognition in the medical fields is less than 1%. | | | | a mouse we can build our own MT website, set up |
| What about offshore transcription companies? | | | | an online diary or download files for transcribing. |
| Some companies are using offshore transcription | | | | Be smart in your business, keep up with the times, |
| companies to save money. However, while | | | | adapt to technology and your future outlook will look |
| outsourcing medical transcription to offshore | | | | better than ever. |