A community of 30,000 US Transcriptionist serving Medical Transcription Industry
The following is on page 13 of Medquist's 1st quarter filing to the SEC. Apparently by "qualified" they mean willing to work for peanuts and take all the abuse they dish out. Usually when there is a shortage of workers in a particular industry, it drives wages up. Funny how it doesn't work that way in MT.
Significant developments in the clinical documentation industry include: A shortage of qualified domestic medical transcriptionists (MTs) and medical editors (MEs) has increased the demand for offshore medical transcription services by healthcare providers. This demand for qualified MTs and MEs, combined with budgetary pressures experienced by healthcare providers nationwide, has also caused many more healthcare providers to evaluate and consider the use of offshore medical transcription services.