MEDICAL TRANSCRIPTION

High career growth opportunities through

MTC Academy, Inc.

Introduction

1.

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Speaker Introduction Who is med and who is non-med? Most of the MTs in the United States are non-med Who is below 45 years of age? United States MT Profile 40+. No age limit in the US What is the purpose of this orientation? This orientation is for MTs who see the program as a career. Any other inquiries such as business inquiries may be entertained on another date.

How Medical Transcription evolved to one of todays biggest job opportunities.

US Federal Law requires documentation of every physician-patient encounter. HIPAA (Health Insurance Portability and Accountability Act of 1996)

Everyone who has access to, creates, processes, or uses protected health information (PHI) is accountable for its protection. Law is in process of enforcement since April 13, 2003.

Traditionally transcriptions were done from the United States (Home MTs) Internet, faster data transfer bandwidth rates, more advanced system solutions, and secure encryption and storage technologies with lower operational costs have allowed offshore outsourcing to grow rapidly.

What is medical transcription?

Medical Transcription means converting into written form the dictation by the physician and other healthcare professionals regarding patient assessment, workup, therapeutic procedures, clinical course, diagnosis, prognosis, etc. in order to document patient care and facilitate healthcare services.

What is a Medical Transcriptionist?

A Medical Transcriptionist is a medical language specialist who transcribes

dictations

by physicians and other health care

professionals regarding patient assessment, workup, therapeutic procedures, clinical course, diagnosis, prognosis, etc., in order to provide a permanent record of patient care and facilitate delivery of health services.

What are the basic qualities of a Medical Transcriptionist?

Qualities of an MT

Medical language specialist Very good command of oral and written English skills Basic knowledge of computers and related technologies Demonstrate responsibility and disciplined work attitude

The MT is the documentation gatekeeper for each doctor and patient they transcribe for.

Tools of the Trade

Doctor Tools

Phone Voice Recorder Digital Voice Recorder

Medical Transcriptionist Tools

Computer Earphones Foot Pedal Expander Software Spelling Software Medical Terminology Books

Why become a Medical Transcriptionist (About the Job)?

Solid Industry Supported Growth Broad Choice of Work Settings Local and Foreign Opportunities Abound Variety of work schedules available Work locally, earn globally Fast Career Growth and High Income Potential

SOLID INDUSTRY GROWTH AND SUPPORT

US Federal Law requires documentation of every physician-patient encounter. HIPAA (Health Insurance Portability and Accountability Act of 1996)

Everyone who has access to, creates, processes, or uses protected health information (PHI) is accountable for its protection. Law is in process of enforcement since April 13, 2003.

This brings about a tremendous need for Medical Transcriptionists worldwide.

$8B to $20B dollars growing at a rate of 13% PA.

49,000+

to 150,000+ additional MTs are needed per year worldwide!

(MTIA Stats-700 lines per MT per day)

BROAD CHOICE OF WORK SETTINGS

Medical Focus - In the US, UK, Canada, Australia and Middle East, Medical Transcriptionists are employed in many establishments.

Non-Medical Alternative With further training, MTs have the opportunity to go into other fields of transcription !

private medical transcription companies medical centers general and specialty hospitals physician offices clinics and group practices radiology and pathology offices government facilities home offices insurance companies and a variety of other institutions

Legal Transcription Court Dictations Legal Dictations Etc. Business Transcription Board Meetings Conferences Focus Group Discussion Media Transcription Webcasts Live Broadcasts Movie Subtitles

LOCAL & FOREIGN JOB OPPORTUNITIES EXIST FOR MTs !

THESE ARE THE LOCAL CORPORATE PARTNERS OF MTCA

THESE ARE JUST A HANDFUL OF MTSOs IN THE UNITED STATES

ACCUTYPE PHILIPPINES, INC. INNOVAQUEST TRANSKRIPSYO, INC. DIGITIZE DATA SPI HEALTHCARE DOCUMENTATION, INC. E-SCRIBIR, INC. QUALITY TRANSCRIPTION SOLUTIONS & TRAINING SCRIBENET TOUCH ASIA MEDICAL DATA SERVICES, INC. CONVERSIA, INC. SMART TRANSCRIPTS ADEC SOLUTIONS SG TRANSCRIPTION UNLIMITED CORPORATION ATHENA E-SERVICES CORPORATION DATAMED TRANSCRIPTION SOLUTIONS WORLDWIDE DATA EXCHANGE COMPANY PAPER TRAIL TRANSCRIPTS, INC. GLOBAL DATA PROCESSING, INC. MPS INTERNATIONAL NETWORK PHILIPPINES, INC. ADVANCED MT DATA

CMT CPR Diskriter Edix eTransPlus Fast Chart HealthScribe MDI-FL MDI-MD MEDGARDE MedVoice Medquist Oracle Transcription OS-One OSi Phoenix QT Medical SilentType Total eMed TSI

AND HUNDREDS UPON HUNDREDS MORE!

FLEXIBLE WORK SCHEDULES

FULL TIME work shifting may apply PART TIME company discretion FLEXI-TIME for home-based MT

WORK LOCALLY, EARN GLOBALLY !

You DO NOT need a visa to accept US based work. An MT may enjoy the income and stability of a US based job while being based locally.

FAST CAREER GROWTH & HIGH INCOME POTENTIAL MT Office Setting

1. Jr. Medical Transcriptionist
8,600 - 12,000/mo+incentives & benefits

Home Based MT
Direct Transcriptionist (Php35,000 to Php75,000 per month depending on skills and client base) Some MTs are capable of doing home based transcription after a year or two of experience in the MT office.

2. Sr. Medical Transcriptionist

10,000-14,000 / mo + I&B

US Based MT*
Hours Worked/ Week 50 wpm 10 20 30 40 $6,240 $12,480 $18,720 $24,960 Typing Speed Gross Annual Income 60 wpm $7,280 $14,560 $21,840 $29,120 70 wpm $8,840 $17,680 $26,520 $35,360 80 wpm $9,880 $19,760 $29,640 $39,520

3. Editor
13,000-18,000 / mo + I&B

4. Proofreader / Team Leader

13,000-18,000 / mo + I&B

5. Shift Leader / Supervisor

18,000-25,000 / mo

6. Training Officer
18,000-25,000 / mo

7. Account Manager
20,000-40,000 / mo

8. Production Manager
25,000 - 50,000+ / mo

* From CareerStep website

Based on words per minute

LINES/DAY Equivalent words per minute
40 - 50 wpm 50 - 70 wpm pre ojt post ojt

300 - 350 lpd 350 - 500 lpd

EMPLOYABILITY OF A MEDICAL TRANSCRIPTIONIST

The employability of an MT will depend on the quality and quantity of work produced. MT companies usually require a minimum of 400 500 lines per day at 95+% accuracy upon entry. MTC Academy raises the bar in training its students by setting the standard at

Pre-OJT requirement - A line count of 300 to 349 lines per day at 90+% accuracy Post-OJT requirement - A line count of 350 to 500 lines per day at 95+% accuracy

To be competitive in the job market, MTC Academy encourages its students to go beyond the standard set by the industry, specially for those perceived to be over-age, non-med, undergrads, and other discriminatory factors affecting an individuals employability

QUANTITY & QUALITY DEFINED . . .

QUANTITY

The line count represents the number of lines transcribed in the medical report produced by the MT as dictated by the doctor / health care professional The degree of acceptability of the medical report by the client doctor usually expressed in percentage of accuracy (98%)

QUALITY

EXCELLENT MONEY!
According to Fortune Magazine

IN THE U N I T E D S T A T E S, YOULL MAKE MORE

If you type faster If you work more If you get your computer doing some of the work for you If you make more than 6 cents a line, double that if you get your own client If you are fortunate enough to have work in places with higher standards of living, such as California or New York Some people have been known to average between $40 and $50 AN HOUR! Most people make MORE THAN $20 AN HOUR. Any way you look at it, medical transcriptionists make EXCELLENT MONEY!

BOTTOM LINE - An MT Training program clearly is well worth the investment.

Why become a Medical Transcriptionist (About the Job)?

Solid Industry Supported Growth Broad Choice of Work Settings Local and Foreign Opportunities Abound Variety of work schedules available Work locally, earn globally Fast Career Growth and High Income Potential

Why MTC Academy?

The Countrys Premiere Medical Transcription Education Provider

Why MTC Academy has the BEST MT Preparatory course for you

CERTIFICATION - Philippines 1st & largest TESDA-Registered MT Institution

Official TESDA Special Order number that authenticates training given by MTC, making the student eligible for graduation AAMT (American Association for Medical Transcription) patterned curriculum

Standard in MT training Plus English proficiency program

TOP-LEVEL US and PHILIPPINE-BASED INDUSTRY AFFILIATIONS

MTIA (Medical Transcription Industry Alliance) - USA AAMT (American Association for Medical Transcription) - USA MTIAPI (Medical Transcription Industry Association of the Philippines, Inc.)

HIGHLY COMPETENT INSTRUCTORS AND MENTORS - Dual MT Guidance

Medical Doctors and Experienced MT Instructors Currently practicing MT Practitioner Mentors

ACTUAL DICTATIONS - Authentic and LEGAL real-life dictations

Legal Patient Health Information (PHI) deleted Actual medical reports for easy transition to live work

PROVEN MENTORING SYSTEM

Training software and sample voice files currently being used by over a thousand US based MT students

WHY MTCA (continued)?

COMFORTABLE, COMPLETE AND UP-TO-DATE FACILITIES

Fully air-conditioned lecture and laboratory rooms A student is assigned an individual workstation equipped with the required software

COMPREHENSIVE TRAINING MATERIALS

HIPAA, AAMT BOOK OF STYLE, Etc. materials used as standard in top US based MT training schools Latest hardware and software tools in MT training

ACTUAL MT INDUSTRY ON THE JOB TRAINING

OJT exposure to our corporate partners that do voluminous live US-based doctor dictations.

EFFICIENT JOB PLACEMENT ASSISTANCE

Each MT takes a standard web-based profiling exam which is available to our corporate partners and InnovaQuest and Accutype, our sister companies.

ALL OF THESE FOR HIGHLY AFFORDABLE TUITION FEE RATES with financial options / terms available So be ahead of the game! Let us show you the way to be a competent and competitive Medical Transcriptionist!

MTC Academy MT Training Programs

(where applicable)

Basic Medical Transcription for High School Graduates (less than 18 months or 3 semesters) Basic Medical Transcription for Non-Medical Degree Course (6 months plus OJT) Basic Medical Transcription for Allied Health Degrees (4 months plus OJT) Basic Medical Transcription for Medical Degrees (3 months plus OJT)

Student Classifications

Medical : MDs, including medicine proper students (with

subjects like surgery, pharmacology, pathology) or medicallyrelated doctors. These include doctors of dental medicine, doctors of veterinary medicine, etc.

Allied Health : All other allied health who have completed at

least 1 year of pre-medical subjects (Biology, Physics, Chemistry, Math, including English). These include physical therapists, nurses, occupational therapists, midwife, etc.

Non-medical : All others who have completed at least 1 year of

college. These include lawyers, businessmen, housewives, etc.

Next steps .

Take the 30-minute diagnostic assessment (P 500.00) prior to enrollment to determine your English proficiency, typing skills, and hearing acuity Pay a reservation fee of P1,000.00 (deductible but not refundable) until such time you complete enrollment (applicable for those branches not implementing the revolving curriculum)

Requirements to be submitted (Transcript of Records / PRC license, two pcs. 1x1 picture )
Fill up registration forms at the administration office SO ENROLL NOW!

My name is Sally Waijing Lo, 41 years of age, and a non-medical course degree holder. I enrolled at MTC Academy in January 2004 and just on my fourth month of schooling, I was already able to do home-based transcription, serving one client at first. After my graduation, I have acquired more clients such that my average income currently reaches P70,000 a month. I attribute my success to my training with MTCA, coupled with my determination to pursue my MT career.

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