The demand for medical transcriptionists (MTs) is very great with good job opportunities. Good MTs typically have no problem obtaining and maintaining employment. MT companies in Mysore are currently facing a shortage of qualified MTs. Demographic trends suggest that the outlook will continue to be favourable for some time to come. MT is called a recession-proof industry.
According to the American Association for Medical Transcription (AAMT), MT is a $15 billion to $17 billion industry. It ranks amongst the first set of ITeS-BPO activities to be sourced from India.
There are at least 120-150 companies engaged in the MT segment in India, earning annual revenue of approximately $220-240 million. As per a Nasscom report, the industry will be worth Rs 40 billion by 2010, and could employ as many as 50,000 people.
The important thing when considering a career in medical transcription is to choose the right medical transcription school. However, there are not many MT schools that offer training for MT job- seekers to meet the requirements of MT companies. Mysore, for example, has hardly two-three training institutes and even these are not very well known and not very popular.
Besides, there is not much awareness also about MT as a career. It is generally not the first choice of candidates, though MT offers a better career growth.
The career may be technically challenging, but rewarding. If one is serious about exploring a career as an at-home medical transcriptionist, it will be important to find the right MT school.
