Philippine Medical Transcription Industry gets Big US Deal

Sunday, December 09, 2007

The Philippines MT Industry bagged $1.4 million/year worth of Medical transcription deal after the Medical Transcription Industry Association of the Philippines, Inc. (MTIAPI) participated in the American Health Information Management Association (AHIMA) exhibition and conference in Philadelphia. AHIMA represents the educated health information management professionals from the health care industry.

There is no hiding the US affinity to the Philippines work ethics. Yes India is still leading the MT offshoring scenario but Philippine is now also supported by Britain as recently it was cited by the National Outsourcing Association (NOA) of the United Kingdom that the Philippines is the Best Offshoring Destination of the year. Philippines have been busy preparing itself to become the global sourcing destination for health information management services and it has paid off.

What are the main attractions with the Philippine MT companies? Well MT service providers like Spheris and Medquist who visited AHIMA say they are mainly attracted by its,

  • Low turnaround time only (3 to 6 hours in emergency cases)
  • Work quality
  • Client data security
One thing is for sure! With the increasing aged population, US healthcare spending is on the rise and loads and loads of complex documentation requirements have to be met as demanded by the Accountability Act (HIPAA) directive.

If looking out to offshore MT work to the Philippines or India just call Outsource Strategies International (OSI) a medical transcription company and a BPO pioneer based in Oklahoma.

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posted by Outsource Strategies International @ 7:36 PM