Medical Transcription India Is Growing At A Rapid Rate!

From research we found medical transcription India has been growing strongly over the years. There are more than 300 Indian companies offering medical transcription services and this number is growing.

The time difference between USA and India works out to be advantageous for outsourcing of medical transcription services to India.

Employment pay rates are a lot lower in India and the work can be outsourced extremely cost effectively for US medical institutions.

The outsourcing by India earns valuable foreign exchange for the country.

The biggest requirement of medical transcription services companies is obtaining credibility by producing quality results, on time and reaching all terms of delivery.

Those medical transcription services operators who train staff well and maintain a top quality service for their customers are set to create a great future for themselves and their workers in medical transcription India.

US based companies have opened offices in different parts of India. They offer home-based medical transcription work. India has been chosen because of their English language skills and the country’s high literacy rate.

Some companies provide the transcriptionists with access to an encrypted platform and download *.wav files (audio files) and after completing their work upload *.doc files (word files).

They use software including a dictionary and glossary of medical terms. Also included is an error – checking module. The companies have a team of in-house transcriptionists who monitor the work from the Indian home based transcriptionists editing for any errors in the work.

Pay Rates for Medical Transcription India

A transcriptionist in India can expect to be paid on the basis of their speed and accuracy. The medical transcription pay ranges from 60 paisa to R’s 1.25 per line dependent on accuracy.

You can average 500 lines a day easily. A transcriptionist with an output of 800 lines per day and 98% accuracy can earn nearly R25000, working 26 days per month. To average R’s 20000 a month is quite realistic.

With 99-100% accuracy you can go on to editing work with higher pay rates and work that is less tedious. There are positions for home-based editors available.

Remember that working from home does have overheads like phone, Internet and electricity charges. Also, it is important to remember tax will be deducted at source.

In India completion times for work are usually around 6 hours.

There are two options for at-home work in medical transcription India.

• Work-from-home option is to work from home once they have reached a specific level of competency.

• A non-refundable deposit of R’s 10000 or so is required by companies to set you up with the equipment. The company installs a suite of licensed software on your PC. The deposit is paid to cover costs of software and to prove your commitment levels.

It is preferred for transcriptionists to have a minimum of 18 months experience, although promising newbies may be able to gain positions. You will need to do well in the test. A candidate must hold a degree (preferably science), have excellent comprehension of English, fast typing skills and be a good listener.

A great feature for Indian transcription services is the overnight outsourcing of transcription work by US medical providers. Medical transcription India has a promising future with the pay rates being very attractive to the US market place.

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