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| Medical
Transcription a big Foreign exchange earner |
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| Medical Transcription (MT) is
likely to be the fourth biggest for-eign exchange earner for
the country - after garments, dia-monds and software. The mainline
software actions are reserved al-most exclusively for professionals,
but MT part can be exploited by any sensible entrepreneur The
entire American MT indus-try is said to be worth $ 7 billion
has a potential of shifting to lndia. There is no reason to
stay there in fact, if we fail to exploit this golden opportunity,
we have to blame our-selves. There is no excuse, -WTO, competition,
governmental road blocks, shortages, power cuts, import restrictions
- none. We have got everything in piace. The industry needs
highly tal-ented and well trained personnel. Though, we have
miilions of unemployed young people with im-pressive university
degrees, hardly 5% of them fit into this Industry. Firstly,
the candidate should have good written English, please note,
not spoken English. Candidates' capacity to listen with concentration
to pick up every word - not just the gist of the state-ment
- is absolutely essential. With regard to training, Ameri-can
MT industry has prescribed 900 hours of teaching and 300 hours
of on job training as the standard. To complete this train-ing
it takes 6 months. Since Indians are not familiar with American
spoken English, it requires extra coaching. The re-port comes
in different American accounts and the Indian operator has to
understand every word of it. Such a training has to be es-sentially
given by an American expert. Teaching of medical ter-minologies
numbering more than 1,50,000 words is the toughest part of the
training. An average Indian youngster has to get coached in
complex medical lan-guage. We need the same process to be adopted
for this industry to make the $ 7 billion industry to come to
India. Identification of the suitable candidates for training
is critical for the success of the in-dustry. When so many projects
have failed to get a breakthrough, genuine investors keep away
from the industry. Lastly and most importantly, the American
buyers will be convinced that they can not depend on the Indian
sourc-es. |
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