Transcribers Band for Network

HDM Breaking News, November 4, 2009

The Medical Transcription Industry Association, Verizon Business and five transcription firms have formed a consortium to develop common standards and practices for digitizing and sharing transcriptions of physician-dictated notes.

Basking Ridge, N.J.-based Verizon is contributing an information technology platform, expected to be available later this year. Charter transcription firms in the new Medical Transcription Service Consortium include MD-IT, MedQuist, MxSecure, Sten-Tel and Webmedx. Proponents believe making standards-based, digitized transcriptions available over a network will ease inputting the documents into electronic health records systems.

The Modesto, Calif.-based association estimates its member companies annually create and electronically archive more than 2.4 billion transcribed medical records involving more than 70% of U.S. physicians.

--Joseph Goedert

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