MANILA, Philippines -- The country's medical transcription industry needs to increase its workforce threefold to increase its share of the total offshore market valued at around $18 billion.
According to the Medical Transcription Industry Association of the Philippines (MTIAPI), local companies have missed out on lucrative contracts from US outsourcers due to a lack of capacity.
MTIAPI is composed of around 80 medical transcription or MT service providers, mostly small companies with 50 or fewer seats.
"Until a critical capacity of qualified workforce is established, the country will have a hard time attracting interests from big US clients," said MTIAPI president Myla Rose Mundo-Reyes.
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According to the Medical Transcription Industry Association of the Philippines (MTIAPI), local companies have missed out on lucrative contracts from US outsourcers due to a lack of capacity.
MTIAPI is composed of around 80 medical transcription or MT service providers, mostly small companies with 50 or fewer seats.
"Until a critical capacity of qualified workforce is established, the country will have a hard time attracting interests from big US clients," said MTIAPI president Myla Rose Mundo-Reyes.
Read More Article...
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