§Some Facts about Medical Transcription
§MT is part of the business process outsourcing (BPO) industry.
§It is one of the business processes being outsourced to countries outside of the US. Other processes are call center operations, software development, animation, web designing, etc.
§The main reason for outsourcing these processes is to
reduce the cost of doing business.
§BPO Industry was estimated to be at US$ 170 B in 2005; estimated to be US$ 220B in 2010