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


You want to know why MQ bought out Spheris? - Here it is! Cbay shifting half of work to India.


Posted: May 22, 2010

KOLKATA: CBay Systems — a leading healthcare BPO, that services nearly 40% of the US hospital market — is looking to become a $1-billion company and shift nearly half its work to India in the next two years.

******** Transferring work to India is a critical part of the strategy,” said Mr Kumar, one of the founders of the company.


This comes within days of CBay acquiring a bankrupt clinical documentation firm Spheris in the US, which, in turn, has increased CBay’s revenues to $500 million.

 

READ THE ARTICLE!  I cannot believe I am actually helping this company out by keeping it intact, keeping it in line, keeping it from having so many late jobs and then to transfer all my work to India.  Cannot wait for school to be overwith.  I believe we have 2 years and there will be a huge difference with Medquist.  We have a carrott waving at us in the face all the time and soon there will be no carrott and no job.  If you want to stay put with Medquist and be one of the lucky few to still work for this company to keep it alive for India, then you better have your CMT, be a level 3 and willing to work all ESLs and work odd shifts because all this work will be done by India.   We knew about this before and was told this would happen, but it WILL BE HAPPENING SOON. 

http://economictimes.indiatimes.com/infotech/ites/CBay-plans-to-shift-half-of-its-work-to-India/articleshow/5865805.cms

Got my mousepad yesterday. Is that a carrot - waving in my face?

[ In Reply To ..]
Just to tell us how thankful they are by us United States MT's and then to dump us because half the work will be going to India? That means Medquist will have to get rid of half their work force and that is probably why there are these QA audits going on and this best of the best teams.

Spheris already owned a company in India with half the work there already for a while. - nm

[ In Reply To ..]
nm

CB already sends 80% MQ work to India. - dnr

[ In Reply To ..]
What is really scary is that CB services 40% of the market - 40% of our records are being MT'ed by India, and many of us have seen the scary results in the medical records.


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