Healthcare BPO / Medical Transcription Industry & Prospects...

A great opportunity awaits the Indian business process outsourcing industry in the healthcare sector.

While estimates show that the revenue of medical transcription industry in India is expected to drop from $38 million in 2002 to $26 million in 2006, a nine per cent loss per annum, according to the National Association of Software and Services Companies, by year 2005, the Indian BPO companies will be able to grab business worth $800 million from the US healthcare companies alone.