Monthly Archives: July 2024

Future of Medical Transcription in India

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In a country like India, where every second person aspires to be either an engineer or a doctor, it is no surprise that Medical Transcription is fast becoming one of the most sought after jobs in the BPO sector. A multibillion-dollar industry in America, Medical Transcription companies are now looking to India to outsource their services. Medical Transcription India is growing at an exponential rate.

What exactly is Medical Transcription? It is the process of converting a consultation with a doctor into a text format. When we visit a doctor we usually spend the first few minutes discussing our symptoms and problems. This is followed by questions about our medical history, an examination, and a prescription for tests or a secondary consultation if required. After the doctor has collected all the information he needs, he prescribes medication along with instructions for its use. After this, the doctor records the entire visit on voice recording machine, which is then converted into a word document by a medical transcriptionist and stored.

Major hospitals are now adopting this process in order to keep up with the changing times and provide their patients with the best health care available. However, the exercise of converting a voice file into text format is tedious and requires high level of expertise. A medical transcriptionist requires having in depth knowledge of advanced medical terms and language and having a minimum amount of experience in transcribing the likes of discharge summaries, health exams, etc. They must possess higher than average typing skills and should be affluent in the language in which the transcripts are being recorded.

These days’ hospitals are looking to outsource the job of Medical transcriptionists for a number of reasons. Most hospitals find it cost effective to outsource the job to companies in and outside their country. Outsourcing ensures better accessibility, superior quality and leverages on the industry’s experience. It reduces the capital investment for them and allows them use their resources to focus on their core competencies. India is fast becoming the go-to place for medical transcription.

India has abundant cheap labor possessing the skills to become a medical transcriptionist. The average salary of a medical transcriptionist in U.S.A. is around $33,000 p.a. whereas in India the average salary is Rs. 360,000, which is approximately $8,000 p.a. As a result, they are able to cut major costs while ensuring quality. Further, due to the time zone advantage companies here are able to send reports back overnight, making it the fastest turnover rate in the industry. The U.S. suffers from high attrition rates, and so outsourcing is the perfect solution to ensure high employee turnover doesn’t affect the hospitals. Seasonal fluctuations often result in an increase in number of patients during the winters occur in cold countries. There is an acute lack of available staff during major holidays like Christmas and Thanksgiving. Outsourcing the job to India easily solves these problems.

Medical Transcription requires the skill and intellect of human beings and so has inherent defects. If the transcriptionist were to record a symptom or diagnosis incorrectly it could harm the patient’s wellbeing. Sometimes the recording might not be clear as doctors are in rush and may fail to include vital information or provide information in a coherent manner. Further accents, mispronunciations and slag’s make it difficult for a transcriptionist from another country to fully comprehend what the doctor is saying. Such obstacles are yet to be over come in this field in India and world over.

With the help of the IT sector doctors are now able to convert cabinets full of patient data into word documents properly archived on a single desktop. These word documents can be printed out as and when required. Medical Transcriptions help hospitals maintain patient records for up to years and store them in a systematic and easily accessible environment and format. Medical Transcription in India is booming and as a result has opened up jobs to millions of people wanting to be part of the medical field. Many universities are now offering specialized courses and on the job training for young students to help them enter and successfully grow in this industry. India possesses all the advantages and skill to become one of the best providers of this service in the world. By ironing out a few irregularities India can soon look to become the premier play of this industry.

The Real Estate Market Of Rohini

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After a lot of research Jyoti, 32, and Ramesh Aggarwal, 36, have decided to purchase a two-bedroom, 1,000 sq ft apartment in a society complex in Sector 9, Rohini for Rs 38 lakh. Not only did they compare prices in their research, they also looked at factors that affect general day-to-day living, such as level of congestion, availability of greenery and open spaces, likelihood of water shortages during summers, and travel time to important destinations. Finally, took a decision and bought an apartment in Rohini.

There are many reasons why one would like to purchase a home in Rohini. And one of the main reasons why anyone would feel attracted to purchase a property in Rohini is because of its connectivity with the metro.

After the Metro became operational, prices have risen by 40-60%, according to a property broker of the area.

A property dealer based in Netaji Subhash Place explains the price rise in terms of reduced travel time. He said that till a few years ago, it took one-and-a-half hours to travel from Rohini to central Delhi areas like CP and ITO, so its property was available at a low price. After the coming of metro, the travel time is now only 40-45 minutes, and the commute being far more comfortable than a road journey, Rohinis society apartments now boat of a price of Rs 3,150-4,500 per sq ft. This is at par with prices in areas like Patparganj in East Delhi which are only a 30-minute drive from CP.

Not only metro, of late Rohini has witnessed a lot of commercial development as well, which has led to overall development of north-west Delhi. In fact, entertainment-wise Rohini has given newer options to people residing in the nearby areas.

There are some common factors that have contributed to an increase in prices in Rohini like easy availability of bank loans, high salaries commanded by young professionals, and the massive influx every year of people from other states into Delhi.

Rohini has options for every pocket: If you think you can afford one, go for a society apartment. These kinds of apartment boast of better-quality construction, high-maintenance, comparatively more open areas compared to DDA flats, and of course better security arrangements. The up-market complexes, about a dozen within Rohini, are equipped with lifts and have power backup system.

Such society apartments are mainly located in sectors 7-14 and out of these, sectors 9, 13, 14 and Prashant Vihar are available at a very high price, because of the quality of development and due to proximity to Metro stations (East and West).

Other option is DDA apartments that usually cost less than society apartments. 1 BHK LIG apartment costs around Rs 2,000 per sq ft, and prices of two-bedroom MIG apartments range between Rs 2,350 and Rs 2,900 per sq ft. The construction quality of a DDA apartment is usually inferior as compared to a society apartment, so you may have to spend some amount before you can actually start living in one. DDA flats are located in sectors 2-8, 15-18, and 24.

For people who are looking at low-budget options, they are available in sectors 23, 24, 25 and 28. These sectors are a little far from the Metro line. According to Mr. K.K. Wadhwa of Wadhwa Property, a plot of 32 sq m would cost around Rs 18 lakh in Sector 7; in Sector 28, the same plot-size would cost you just Rs 9-11 lakh in this sector.

A development that is sure to attract people from all over west Delhi to Rohini is Planet Pogo, a theme park, which is being developed in Sector 10. The company that developed Appu Ghar, Unitech Amusement Parks, and Turner International India are partnering this project. It is scheduled to be launched in the last quarter of this year. As far as shopping and entertainment options are concerned, Rohini has M2K Mall in Sector 3, and PVR Complex in Prashant Vihar. There is also a district court at Madhuban Chowk in Rohini.

So, if you are looking to buy or rent a house in west Delhi, you should definitely consider all the options available within Rohini. It undoubtedly has quality housing, good connectivity and all the amenities one expects in a well-developed area.