MRRSE Medical Transcription Services Market | Page 3

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Many medical transcription service providers are offering both
transcription services and transcription software. Audio recorders are
being rapidly replaced with speech recognition software that allows
automatic conversion of audio into text format. Medical transcription
service providers offer services mainly to transcribe History and
Physical reports (H&P), Discharge Summary (DS), Operative Notes
(OP), Consultation reports (CONSULT) and other reports. Medical
transcription services can be offshored or outsourced. Many developed
countries prefer offshoring medical transcription jobs to the companies
situated in developing countries such as India, China and Philippines.
Medical transcription demands high end accuracy and hence requires
skilled manpower. Developing in-house manpower capable of