Nothing is 100% sure of course. But some transcription companies are already doing this, charging more and offering quality and doing very well, especially in specialty fields. They don't advertise as much because they have lower turn over but we know who they are.
I will bet that because of increasing lawsuits and liability, hospitals are going to be a lot more careful about what becomes part of a patient's medical record. And who has access to it. As the economy gets worse, the big companies are going to cut corners more and more trying to squeeze more money out the business. They probably won't even want to be bothered when their profits go down and cut into their big CEO paychecks. First there was a glut of nurses because the hospitals didn't want to pay them. Now there is a shortage and they are going nuts trying to recruit them. There are cycles in business.
I don't want to become a mllionaire. Just make a decent living for myself and some other transcriptionist. As I said, some companies are already doing this. |