How medical transcription is a recession proof job

Why medical transcription is a recession proof job?

Education, environmental, health care and energy sector are understood as recession proof sectors. The need of health care services is never going to decline. Rather it will increase year on year. Medical transcription being a part of health care industry is recession proof job to be in and has a bright future.

Effect of recession on home medical transcription

This recession will have positive impact home medical transcription(HMT). Most of the US companies are moving towards “home based medical transcription” in order to minimize their fixed cost. Even in India many of the permanent transcriptionist have started doing home based transcription to make extra money.

Voice recognition technology has challenged the traditional way of medical transcription. But due to recession the companies who were planning to buy such application won’t do it now, as it requires huge investment. And now no one has that money to pump into it. 

Hence the home medical transcription is right formula for medical transcription service organization (MTSO)to reduce cost, thus giving advantage to transcriptionist.