A community of 30,000 US Transcriptionist serving Medical Transcription Industry
http://hdstoday.com/?tag=mmodal
Below are highlights of the news article
In light of the One Equity Partners purchase of M*Modal, I predicted that within the next 12 to 18 months we may see OEP turn around and sell off M*Modal’s speech recognition technology to the likes of Microsoft, especially if Apple spends some of its cache of cash on Nuance.
A $12 billion buyout of Nuance by Apple would dwarf the $1.2 billion M*Modal acquisition, and it would also put control of a huge chunk of automated speech recognition (ASR) technology squarely in the hands of Apple.
Of course, the question on the minds of those of us in the medical transcription field is what would all of this mean for our industry? Would the likes of Apple, Microsoft, or Google truly be interested in maintaining a presence in the medical transcription business, or would a more likely scenario be that the transcription divisions of Nuance and M*Modal are spun off or sold off separately? And in the latter scenario, who would be on the list of prospective buyers, and what impact would that have on career opportunities and compensation for healthcare documentation specialists?
WE ARE BEING USED SO THE HIGHERS UPS CAN HAVE BIGGER POCKETS!!!