Welcome to Medical Transcription
Companies Website
We're here to guide through the many choices in the field of medical transcription since its evolution from the 1960s.
Highlights of the Industry
The medical transcription market is highly fragmented with thousands of small transcription service companies in the U.S.A. and many from India.
There are two companies that dominate the market, MedQuist, Inc. and Transcend Services, Inc.
The total market size is growing due to the aging of the baby boomer population. It includes hospitals, clinics and phycisians and is estimated at more than $5 billion. Transcription service helps to reduce the cost of transcriptions and is performed either in-house or outsourced to local, national or international vendors.
