New MT org in Davao
by Blogie • 5 February 2007
After years of being the only medical transcription company in Davao, SSP Transcriptions is now joined by a handful of other MT outfits operating in the city. In another type of business, this might be viewed as the entry of competition; but not for the MT sector. The more, the merrier!
SSP is a member of the Association of Solution Integrators in Davao (ASID). This association, however, is focused mainly on software development, so I remember many times when SSP seemed out of place during meetings and events, despite the fact that this member was one of the most active.
(One good thing, though, that ASID contributed to the MT sector was its drive, together with DTI-Region XI, to promote the business in Davao and other parts of Mindanao. I’d like to think this helped in raising awareness among potential investors.)
Now, SSP finds itself among colleagues in a new organization that was formed in 15 January 2007. The members of the Transcription Alliance of Davao Inc. (TADI) are MT companies, training institutions and MT individual practitioners. These are: Brokenshire Learning System, CITEC, Clickerz, Davao’s First Transcription Center, Kidapawan Technical Learning Center, MTC Academy, SSP Transcriptions, Synergy, Dr. Margaret Antonio, Mr. Rex Cobrado, Dr. Manuel Gonzalez, and Mr. Wilson Pingoy. Here’s an excerpt from TADI’s press release:
The Philippine forecast for 2007 for the MT industry is $238M and the required manpower complement to reach this goal is 17,000 qualified and trained MTs. Up to 2010, the Philippines hopes to generate $1.7B, if we can produce 122,000 trained MTs to cope with the US offshore outsourcing demand. Unfortunately, we now only have about 5,000 qualified and competent MTs in the country.
TADI, therefore, has its work cut out for it. They have a long way to go to realize their targets, but the organization is confident that Davao is prepared to accommodate a medical transcription business boom.
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