Making the Philippines MT Major Global Player
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Tagged Under : global player, mt companies, mt major global playe, Philippines
This is why the Philippines is on the roll promoting its medical transcription capabilities to the U.S. in a bid to increase its market share before eying other opportunities, according to Myla Rose Mundo-Reyes, president of the Medical Transcription Industry Association of the Philippines (MTIAPI).
Today, the industry silently supplies less than 1% of the U.S. market. There has been a steady flow of business, so far, for Philippine medical transcription organizations.
With the increasing shortage of medical transcription in the U.S. and the lack of new recruits joining the profession, MTSOs demonstrated with the sea as the ability of the Philippines will be in an advantageous position in the future.
The medical transcription personnel in the Philippines is a fairly young population, with most transcriptionists falling in the 20-25 age bracket. Most of them have medical background, are familiar with U.S. medical standards, terminology and practices, and able to transcribe 1000 lines per day, with 98-99% accuracy rate. About 50% of Filipino MT professionals are physical therapy graduates, 40% are nursing graduates, and the rest are from allied sciences.
Philippine MT organizations operate 24 hours, 7 days a week, with the ability to deliver output in 3-6 hours in emergency cases. Each Filipino medical Transcriptionist can transcribe up to 1,000 lines per day, with 98-99% accuracy rate.
Target industry promotion
Inevitably, the outlook for the industry € ™ s growth is not limited to the medical field, but as well as legal transcription, subtitling, billing and coding.
â € œWith our huge pool of highly skilled, quality medical and technology professionals, the Philippines is the best destination for medical transcription services, â € said Trade and Industry Secretary Peter Favila.
In October 7-12, the Medical Transcription Industry Association of the Philippines (MTIAPI) will join the Ahiman Convention and Exhibition in Denver, Colorado organized by the Department of Trade and Industry € ™ s export promotion arm, Center International Trade Expositions and Missions (CITEM).
â € œMTIAPI hopes to establish stronger brand, front-end awareness, and linkages with international associations, as well as find partners and open more business opportunities for our local MT companies, â € said Reyes.
Last year, in Ahiman, MTIAPI member companies related to the U.S. Medical Transcription Industry Association and the American Association of Medical Transcription to help Philippinesâ € ™ visibility and the ability to highlight their quality in the provision of transcription services.
MTIAPI is the Industry Association of the Philippines behind the medical transcription industry. It consists of more than 60 members including MT service organizations, MT educational institutions and MT professionals.
â € undersigned want to send the good news in the Philippines who has Ahiman all it takes to become a solid player in MT. While the initial push for sending offshore work is largely driven by cost savings, more and more clients realize that quality that makes a lot of cents for them in the end, â € said Reyes. â € undersigned are pressing for a strong mark of quality services from the Philippines, not only cheap rates.â €
Philippines MT do most companies medical reports, summaries of the discharge, operative reports, therapy rehabilitation notes, chart notes, hospital and clinic reports and the current state of the art software and equipment from the United States.
For information about the involvement of the Philippines to Ahiman, contact CITEM € ™ s IT Services and the Division of Electronics (+632) 8325044 and (+632) 8312201 local 212, 251 and 301, or e-mail Electronic itservices@citem.com.ph
Source: www.prwebdirect.com, photo turkishpress.com
Hi I'm Laarni of Waray-Cavitenya descent. True blue Virgo born in the year of the Metal Dog. Paulinian and Tomasian by heart. Loyal and loving wife of my HoneyBee Edison. Ever supportive daughter and sister. Pathologist/ Medical Transcriptionist. Movie buff. Scrapbooker.