Source-India,
Destination-USA.
The
concept and benefits of outsourcing is well-known to the Medical
Transcription industry. In the last one
year India has shown an amazing growth in this field. The
large pool of IT professionals, the onset of internet
revolution and the encouraging policy changes have catapulted
India to No. 1 position as a source of
MT services. India offers the following main advantages:
1.
Accuracy.
2. Cost Savings.
3. Turn-Around-Time.
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1.
Accuracy :
Virtually every
educated person in India knows English. This is a great advantage
since Indians can be quickly and easily trained in Medical
Transcription
to delivery high levels of accuracy. |
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2.
Cost Savings : The
wage levels of MT's in India are considerably lower than those
in the
US or other developed countries. Thus Indian Companies can
offer
highly competitive rates for comparable services. This translates
into big savings for US hospitals. American MT companies can
bolster their bottom-lines by sub-contracting to Indian MT
Companies. |
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3.
Turn-Around-Time (TAT) :
TAT is critical
in this industry. Since India is 12 hours ahead
of the US in time zone, Indian Companies can offer
the natural advantage of 12 hours quicker TAT. |
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