Medical transcription is a healthcare industry business that involves the conversion of voice format dictation of doctors and other health professionals into text format. Doctors and healthcare professionals countries such as US, UK, Canada, etc., are required to maintain detailed patient information and record all their interactions with patients.
To make these interactions more efficient, they tend to record their conversations rather than record and store it as text. This recorded information is later converted into a text format by a medical transcriptionist – based out of India or other countries with a low labour cost. It is important for an entrepreneur to possess good language skills- listening, interpreting and typing, to succeed in this business. Experience in the healthcare industry or knowledge of the same would be an added bonus.