Wayland-based SOAP Transcription Services, Inc. recently opened a new training center in Holland. With that opening comes the opportunity to train and hire 50 medical transcriptionists. The company hopes to train and hire another 50 in 2008.
All of this is due to tremendous growth in the company since 2006, which generated 50 jobs and increased revenue 47 percent.
Medical transcription is a $25 billion business. The Department of Labor predicts an 18 percent to 26 percent growth in the industry. Part of the growth is because HIPAA regulations require all hospitals to convert medical records to digital format. Another reason is the country's aging population, which will create more medical records.
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All of this is due to tremendous growth in the company since 2006, which generated 50 jobs and increased revenue 47 percent.
Medical transcription is a $25 billion business. The Department of Labor predicts an 18 percent to 26 percent growth in the industry. Part of the growth is because HIPAA regulations require all hospitals to convert medical records to digital format. Another reason is the country's aging population, which will create more medical records.
Read More Article...
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