The medical transcription (MT) sector is set to become another major player in the Philippine outsourcing industry. The great demand for documentation of medical information continues to rise dramatically, particularly in the U.S. where approximately 6,700 hospitals must convert medical records into electronic format in compliance with requirements for federal certification. The US market has a 47% share in the MT outsourcing sector, representing $6 billion in revenues.

The global industry is now valued at around $10-$16 billion, and it is expected to grow 10 to 20% annually as more countries follow the U.S. lead in moving their hospitals' MT requirements offshore. The Philippine MT industry, which is estimated to generate $7 million in revenue in 2005, offers e xperienced medical language specialists who also possess fluency in the English language, computer and Internet skills, and speed in delivering output to meet this growing demand.

Outsource2philippines offers access to 20 first-class MT service providers employing approximately 1,200 medical transcriptionists familiar with U.S. medical standards, terminology, and practices. Among the medical transcription services offered are:

•  Consultation reports
•  Office visits
•  History and physical reports
•  Clinical notes
•  Operative reports
•  Psychiatric notes
•  Emergency notes
•  Discharge summaries
•  Progress notes
•  Patient assessment
•  Therapeutic procedures
•  Diagnosis