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

Article - Health care law prohibits data - flowing offshore

Posted: Jun 27, 2010

Moderate, please don't move this to offshore board. It needs to be seen by more people.

Exerpt:

"The new law imposes limits on outsourcing by American insurance companies and medical service providers. In addition, several categories of data are prohibited from flowing offshore. As a result, many Indian outsourcing firms have begun setting up shop in the United States. America’s outsourcers are now outsourcing back to America."

Link to article:

http://medicaltourismmag.com/news_article.php?id=385&newsletter=44

I can see our wages dropping again when this happens (no msg) - Backwards Typist

[ In Reply To ..]
.

My thoughts exactly - s/m

[ In Reply To ..]
They've gotten used to paying a top price of 3 cpl and I suspect they will balk at paying even 9. Of course, in the get what you pay for, all those MTs who really know their stuff will either retire or leave the industry entirely, leaving the matchbook MTs to carry the load. And, with all due respect, that will just enable them to send it all back to some other 3rd world country anyway, this time with the blessing of the federal government since there really will not be enough US MTs capable of doing the work.

That's probably right, though - sm

[ In Reply To ..]
It is possible that with things like VR, an MTs time may be spent better in house doing other things in addition to MT. We may end up with more oporutnities doing MT plus office support. I would imagine an MD would want one person to handle the MT, billing, etc, rather than outsourcing to a bunch of different companies. For those that are willing to go in house and learn some new skills, this could be a very good development.

You seem to be the only one w/o blinders - on

[ In Reply To ..]
I see this as a good thing for US MTs. I don't understand those who don't.

Thanks - sm

[ In Reply To ..]
I suppose that being young(er) I tend to look for the upsides. I don't want to transcribe for the next 40 years sitting at home staring at a computer screen, I don't think there will be a demand for it in the next 10 years anyway. It is nice to know that our skills will still be in demand in many different ways. MT is only a starting point for me, a way to pay bills while my kids are little.

For those that are unwilling or unable to go in house, it could be bad. Or it could give the true US companies more incentive to keep US MTs on the payroll.

Maybe because some of us have been in it too long and - Backwards Typist

[ In Reply To ..]
know that no matter what is done, it's the MT that gets the shaft.

A legitimate concern - medical-transcription-indiana

[ In Reply To ..]
This provides new light on the offshoring topic. With Indian and perhaps other offshore companies moving onshore, do you believe that this will push these offshore companies to increase their price? I believe it might.

This might very well be used to increase the case for using onshore transcription services. What do you think? I think this might benefit us, as a provider of medical transcription in Indiana. If anyone intends to use this for to market their services, I am highly curious to hear how it goes.

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