Medical transcriptionists in Davao can earn up to 50k a month
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By Rose B. Palacio
Philippine Information Agency
DAVAO CITY — A medical transcriptionist in this city can earn from P20,000 to P50,000 a month, depending on the amount of work they do.
The MTC Academy, the country’s premier medical transcription education provider, is encouraging students, including graduates of nursing, pharmacy, medical technology, public health and allied medical courses to consider medical transcription work.
The first few medical transcription companies began operations not in Metro Manila, as expected, but in the countryside, said Wit Holganza, chief executive officer of MTC Academy, whose institution is located at E. Quirino Avenue, Davao City.
Gracing the ARENA XI Forum radio program anchored by Josette Olivera and the Philippine Information Agency over DXRP Radyo ng Bayan, Holganza said medical transcription companies have discovered that Filipinos are able to transcribe voice-recorded or hand-written medical reports into text for storage as printed or electronic data.
Data from the Trade Union Congress of the Philippines, the country’s largest labor organization, reveals that growth in the outsourced medical transcription services industry is likely to outpace the 25-percent annual growth of the booming call center industry.
The business is expected to surge by as much as 90 percent per year for the next five years. At this rate, the Philippines would have some 120,000 medical transcribers by 2010.
The medical transcription industry earned $70 million last year and is expected to climb to $126 million this year, according to data from the Medical Transcription Industry Association of the Philippines, Inc.
This is projected to grow to $238-million in 2007; $476-million in 2008; $952-million in 2009; and $1.71-billion in 2010.
In terms of jobs generated, the number is still small, with 5,000 Filipinos employed in the new industry as of end of 2005. This is expected to increase to 9,000 by the end of this year.
If the growth projections hold, the total number of Filipinos employed by the industry should hit 17,000 by 2007; 34,000 by 2008; 68,000 by 2009; and 122,000 by 2010.
Another advantage of the transcription industry is that workers can work on flex-time at home if necessary. While call centers work on real time, transcription services work under rigid deadlines.
In developed countries, electronic medical records are the preferred means of data storage, giving medical professionals access to information regardless of location. Because of this, medical transcription is easily outsourced as long as the country where the work is transferred has a sufficient telecommunications network. (PIA XI Dispatch/rbp)
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October 19th, 2007 at 1:02 am
hi, where can I apply and earn as much as that kind of amount.
October 30th, 2007 at 10:52 pm
Hi…..
I would like to know where I can apply for a job as a medical transcriptionist. I’ve been working as a callcenter agent for five months now and I find that I can’t handle real time as I have a 6-year-old son to take care of and watch over.
Please email me for the information that I need on my yahoo id. I would really appreciate it very much.
Thank you very much. I remain,
Most respectfully yours,
Marissa G. Cahiwat
December 12th, 2007 at 5:43 pm
HI…I would like to inquire about being a medical transcriptionist.
Can u email me for more information on how to become one? Do i still have to go to school to study this, or i can apply for this one even if i don’t have experience yet? what school will i attend to? and all those other details i’d like to know..
thank you..
February 9th, 2008 at 10:08 am
Hello, I am a graduating nursing student and I am interseted to apply as a medical transcriptionist. I would like to ask if how much would the training cost or would it be free. Please e-mail me on how to be a medical transcriptionist. thanks…
March 22nd, 2008 at 10:00 pm
hi,im interested in this jod..how can i apply to this..thanks
March 24th, 2008 at 3:47 pm
I am a new practicing doctor in the city, but i’m also interested in becoming a medical transcriptionionist. would you help me how to go about it? where is the best training center here? how much does it cost? could i choose my time since i’m only available after 4pm?, etc. i’ll appreciate your help. thanks and God bless.
April 3rd, 2008 at 5:16 pm
Good day…
I am a nursing graduate but not yet practicing the profession. I am interested in becoming a medical transcriptionist. May you please email me your requirements, schedules of work, and if I still need to undergo training and how much will it cost?
thank you. God Bless
May 27th, 2008 at 12:56 am
your job advertisement here on internet interest me..since i am a fresh graduate of bachelor of science in nursing i can relate to those medical terms. i am very willing to see u in your office at a time convenient for you or u can email me. thanks a lot!!!
June 11th, 2008 at 4:36 pm
Good day..
I would like to know more information about being a medical transcriptionist.. please email me..
thanks..
June 25th, 2008 at 9:45 am
greetings!
i just graduated BS Nursing and as i am waiting for the licensure exam results, i would like to be employed, and i think being a medical transcriptionist is close to the degree i have earned.. where can i apply for that? and what are the qualifications? please email me..thank you very much..
July 3rd, 2008 at 10:48 am
hi..
i am very interested in medical transcription.. does anyone know where to apply for this job here in davao? or if you have better ideas of the job. pls dont hesitate to email me vincemaxim@gmail.com..
thanks..