short32downey posted an update 3 weeks, 3 days ago
Love a lot of talk lately about the future of medical transcription. As the trends of off-shoring and voice recognition pick up steam and threaten to displace traditional medical transcription jobs in the US, what is to become of the profession? It is a logical question.
The reality is that medical transcription jobs in order to enjoy high demand in the industry. In fact, they are a critical component of the most stable and rapidly growing segment of our economy. Healthcare! As the global economic recession deepens, healthcare may prove to be one of the only resilient segments of the us economy over the next 4 or 5 years.
Every day it seems that there are new announcements of bankruptcies and layoffs affecting tens of countless people. When was the last time you heard about mass layoffs in the healthcare businesses?
North Phoenix Escorts don’t and you never will – over not for the next several decades as the actual boom population blossoms into full retirement and demands an extraordinary volume of healthcare services. The interesting thing to note – and a fact not readily discussed by many in the medical transcription industry is that the typical age of active practicing medical transcriptionists is somewhere in the mid 40’s. That is the average. This means which a very large portion of the medical transcription population is poised to retire and exit the industry this 5 – 10 years.
Guess what? Those medical transcription jobs don’t just go away. All of those medical transcriptionists will need to be replaced. What is more, these seasoned medical transcription practitioners are among the most efficient asset the medical transcription industry has. They provide an output of medical reports that is sometimes three to five times the average production for new graduates in which just entering the industry. This means that the medical transcription industry will need not ONE, but possibly three or four new recent medical transcription school graduates to fill EACH of these placement.This spells job opportunity for prospective new students considering entering this fast growing career field.
Unfortunately, it could also spell disaster for the healthcare industry if it doesn’t begin to take steps now to attract new talent into the industry. Some of this problem has already begun to materialize and regardless of the your opinion is on offshoring, the offshore creation of some of the domestic US medical transcription workload has saved the industry and bought some valuable time to find a more permanent solution to their acute personnel deficit. However, it will not still mitigate the deficit of trained medical transcriptionists in america alone healthcare market indefinitely. Medical transcription jobs will will have to be filled as older MT’s retire and exit the.
Voice recognition has also played a role in mitigating the MT personnel deficit. And while voice recognition technology is finding a place in the medical transcription industry, it’s role has been to augment the transcription process by giving the medical transcriptionist a good solid and more favorable start line for production. It has in no way delivered the silver bullet replacement for medical transcriptionists that some have been hailing attain now. What we are getting seeing and what is going to also continue to see with the adoption of the technology accelerates, is that the role of a growing subset of the medical transcriptionist community will be modified. The work of transcripionists in the future will increasingly be associated with editor; beginning with a document that has been processed through a speech recognition software engine.
But in the end, the anticipated surge of baby boom retirees merely be too large to disregard. It is a problem that requires serious and relatively immediate solution. What is more, the aging population consumes an exponentially large involving available healthcare services and resources. Which means, that as the aging population swells over the next decade, every facet of the healthcare industry will be strained – not a minimum of of which is medical transcription and the production and maintenance of medical records. Medical records jobs will increase in both volume and importance over-the-counter next decade. Individuals which adaptable and capable of stepping into new roles as the healthcare industry continues to morph advantage substantially by training proper portions entry into the dynamic medical transcription industry.
Christopher L. Dunn holds an MBA from Brigham Young University and resides in Salem, Utah. He has been active in operating and training regarding the medical transcription industry for the past 17 years.
For more about a home based career in medical transcription please visit more of the authors websites: