Education Setup (MTC) |
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Service Setup (ITO) |
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| The Transcription Industry
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The
US Transcription Industry
According to a 2005 study provided by the Medical Transcription
Industry Association (MTIA), the US Transcription industry is
worth over 16 billion dollars per year growing at an annual
rate of 10%. According the American Association of Medical Transcription,
the US ability to meet this demand is not growing due to the
increase in retiring US based medical transcriptionists as well
as the lack of workforce being added to the industry.
Market Opportunities
When considering the increasing demand in medical transcription
and the dwindling supply within the US to produce competent
workforce to fill in this demand; most of the slack is absorbed
by offshore markets. As a result, tremendous opportunities exist
for those that decide to invest in
1. providing the education
to train the professional workforce (transcriptionists)
to a level of US based competency;
2. providing the training of entrepreneurs
on how to setup an offshore transcription
service;
3. providing the actual transcription
service by hiring competent medical transcriptionists;
4. providing the service of setup and
maintenance of education and service infrastructure
within US based standards of quality.
5. providing assessment and placement
services for the transcripitonists to get into these
service providers; and
6. providing the development, sales and
reselling of technologies that support both the
service and education sector; |
An InnovaQuest master franchise enables you to do all of the
above-mentioned services within record time. All our learning
and experience for the past 3 years of setup solutions shall
be transferred to you in order to develop your micro or macro
industry. |
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