Description
Issues Involved
Offshore outsourcing to India; the medical transcription industry in the U. S. and India; the advantages and disadvantages of offshore outsourcing as well as the political, economic, and privacy issues involved in outsourcing confidential medical records.
Abstract
Katerina Poliakov, CEO of Jeneryn Medical Transcription Services, faces a frustrating challenge: The U.S. medical transcription industry is projected to grow by 20 percent annually and the job outlook for medical transcriptionists is quite healthy. However, the number of qualified MT workers in the U.S. shrinks every year. Without workers, Poliakov cannot sustain her 14-year old company.
Reluctantly, she decides to investigate the world of offshore medical transcription in India. After initiating due diligence of several Indian firms, she and her company officers will travel to Chennai, India to perform deeper diligence, and possibly negotiate an outsourcing agreement with an Indian company.