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What is medical transcription?

The process of transcribing doctor-dictated dictations for the purposes of documentation as a medical record is simply

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

termed as medical transcription. The person who transcribes the dictations into a document is a medical transcriptionist or a medical transcription

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

rofessional. The process originated in the West. The person who did this job used to be called as a medical assistant who used to be with the doctor

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

at the hospital writing down notes instructed by him. Advancement of this process is electronic conversion of the dictations.

Why and who?

For ins

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

rance purposes and maintenance of medical records. The major player outsourcing medical transcription work is USA. Canada, UK, and Australia have so

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

me. The outsourced countries include India, Philippines, Indonesia to name a few among others. The medical transcription professional needs a wide

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

nowledge of medical terminology, American English, and critical thinking skills that may help him/her to interpret what is dictated to produce accurat

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

e documents. The dictator speaks over a hand-held device called a Dictaphone or a electronic recorder or a device which has a 1-button solution to up

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

oad his voice into the server. The transcriber downloads them at his location through a server that is provided to him by the organization he works f

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

or. He then transcribes the dictations into medico legal document.

Why outsourcing?

Medical transcription happens to be one of the earliest BPO job

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

outsourced to India. Indians have strong English communicating skills due to the curriculum followed from the days pre-independence. The time diffe

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

rence of 12 hours between India and USA makes it easier for the doctors/clinics to have their reports on their table at their next visit to the clinic

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

Furthermore, cost of labor is much cheaper for the outsourcer.

Potential?

Medical transcription has a strong employment in both India and the Unit

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

ed States. One can work for a company that serves for the Healthcare Industry. The model also involves working at home as independent contractors.

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

n India, the independent home transcriptionist model is growing to gain much popularity. It is said, still a larger portion of the work is still to b

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

e outsourced from US. Both NASSCOM in India and the US Department of Labor have identified this career as having a higher growth potential year by ye

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

r.

Earnings potential?

As far as the money making is concerned, the fresher in medical transcription earns a starting salary approximately around Rs

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

. 5000 and after 2 years of experience, his money making capability goes to around Rs. 15,000. Careers advancement can lead him to become an Editor o

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

a Leader of a team in a company which could fetch him around Rs.20,000 or more. In these days of growing population and a means to earn money, this

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

is quite decent for an Indian standard.

Allied careers?

Medical coding and billing are showing up as allied careers related to medical transcription

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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Diversity is an inside job and leadership must recognize the importance of their decisions on women and people of color. Over the coming decades women and people of color will be operating the businesses as we know them today.

Today is the last day to affect the end of your current sales cycle - what are you doing to ensure that your year gets off to a strong start?

The time to think about your next-year’s ad is not while the rep is in your face. You can be sure that your sales rep will be prepared. With the expectation that he or she can persuade you to spend as much or more as before. Don’t make it easy for them or leave it to the last minute.

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