|
|
Article: Medical transcription service sector declines.(Regional)
- Article from:
- Manila Bulletin
- Article date:
- April 1, 2009
CopyrightCOPYRIGHT 2009 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Cebu City — While the Philippines, especially Cebu, continues to be a magnet for business process outsourcing companies worldwide, the medical transcription sector is beginning to show symptoms of decline.Mawit Go, chief marketing officer of Northern Transcription Works (NTW) which pioneered medical transcription in Cebu, noted that the industry has hit a “snag” with the lack of aggressive promotion on top of the peso’s volatility against the US dollar.“The volatility of the local currency, especially in 2007-2008, has really made Philippine-based medical transcription providers uncompetitive against other countries like India,” Go ...