Medical Transcription Seeks Bigger Us Market By Ayen Infante Friday, September 28 2007 The Daily Tribune The local medical transcription industry expects to attract new market and potential business partners in the United States. Major medical transcription companies have expressed interest to participate in the American Health Information Management Association (Ahima) convention and exhibition on October 6-11 in Philadelphia. The country’s participation dubbed “e-Services Philippines goes to Ahima’ is seen to create opportunities for Philippine firms to also find ways to study the global sourcing market, observe trends and best practices in health information management industry. The Center for International Trade Expositions and Missions, in cooperation with the Medical Transcription Industry Association of the Philippines, Inc. (MTIAPI) will bring five medical transcription companies in this year’s Ahima, namely: Elink Transcription Academy Inc., e-Transcribe Global Transcribe Services and Training Inc., GlobalQuest BPO Specialists, Inc, Rapid Data Services, LLC and Top Outsource Performance, Inc. Óur company is servicing various hospitals in California and clinics from places like Texas, Houston, Wisconsin, New York, Minnesota and Alaska for so many years. Our track record coupled with our expertise in handling diverse health-related summaries, notes, reports, records and even correspondence would give the Philippines a greater advantage compared with our competitors in the region, according to Maria Bryce Fabro, CEO and President of top outsource Perfomance, Inc. Rapid Data Services LLC, on the other hand, which has headquarters in Florida and major cities in the US, will proudly showcase their services in the Philippine booth. Rapid data performs medical billing and coding. “Our Philippine subsidiary contributed much of the success of our operation in the US. The quality, turnaround time and security our Philippine counterparts provide are the much needed capabilities overseas clients are looking for,” Raoul Sia, President of Rapid Data, said. Home to many of multinational brands that need critical business processes, the Philippines guarantees its clients with quality offshore work at reasonably lesser work. Most of the MT organizations in the Philippines operate 24 hours, 7 days a week, with the ability to deliver output in 3 to 6 hours in emergency cases. Different policies and incentive are available for the sector, namely the e-Commerce Law, Intellectual Property Code, Public Telecom law and Guidelines for Personal Data Protection. Highly aware of the need to secure their clients’ privacy requirements, Philippine MT organizations diligently follow the Health Insurance Portability and Accountability Act (HIPAA) guidelines and the American Association for Medical Transcription (AAMT) standards. The government also supports the industry through a strong industry alliance under the Medical Transcription Association of the Philippines and skills development.