A community of 30,000 US Transcriptionist serving Medical Transcription Industry


Does anyone know what percent - curious


Posted: Aug 10, 2011

Now we know that Medquist offshores half of its work.  Does anyone know for sure what percentage of US transcription Medquist has?

I am sure they send more than half - offshore

[ In Reply To ..]
But I guess they would never reveal that! Why would they want us all pissed off? You cant work productively if you know 80% of the work is gone.

What I do know for sure is that any English speaking doctor that still dictates on any of my acconts is gone, so that is quite a bit.

I agree that it could be - curious

[ In Reply To ..]
more than 50%, but at least we know it is at least 50%, which is more than I thought. But I am curious to know what share of the US market Medquist has.

Around 80% is being offshored. Here ya go. - At least that is what CBAY wants.

[ In Reply To ..]
This is all in the SEC filings.

Each order form shall include MedQuist proposal to CBay Systems & Services of the projected volume in hours of dictation that MedQuist TL desires to provide to CBay Systems & Services for transcription and editing. Upon agreement and execution of an order form by MedQuist TL and CBay Systems & Services, MedQuist TL must offer CBay Systems & Services not less than 80% of all volume projections set forth in an executed order form.

Read more: http://www.faqs.org/sec-filings/091210/MEDQUIST-INC_8-K.A/#ixzz0iQHku4XH

I would like to know how many US MT"s they - still have also??

[ In Reply To ..]
..

Here ya go! - 4,600.

[ In Reply To ..]
As a leading provider of technology-enabled clinical documentation services, we utilize over 10,000 skilled and qualified MTs and MEs worldwide, including the employment of approximately 4,600 MTs and MEs in the United States.

http://www.secinfo.com/dsvr4.rnb6.htm#300i

In the SEC filings.

Well that is better than I thought. Somewhere - I heard that it was down

[ In Reply To ..]
to 2500. Glad that is not true.

I would like to know how may FTEs they have - L&L

[ In Reply To ..]
in the US. That makes more sense as a basis for comparison.

Not sure what FTE is - curious

[ In Reply To ..]
We still don't know what share of the US transcription business Medquist has. Where can we find this?

interesting article - MT

[ In Reply To ..]
http://seekingalpha.com/article/255560-medquist-s-ipo-has-improved-chance-to-work-both-short-and-mid-term

25% of transcription? - MT

[ In Reply To ..]
From the above article, it looks to me like they are saying that Medquist has the largest share of the U.S. transcription market at 25%. So it looks like 75% of U.S. transcription is being done by the other MTSOs, who use mostly U.S. MTs?


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