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They always have in the past. Medquist/Secrephone merge became MRC Group. Then MRC Group and Transcription Limited became Medquist.
Since Spheris was bankrupt and every one knows Medquist and they were number 1 and number 2 big companies, I am wondering if they would change their name. Last time when the company came up with the name Medquist, it was done by a contest and the employes had to vote for the new name.