In the last 10 years, Medical Transcription industry jobs have been reducing compared to the last few years back. The main reason for this is voice recognition technology is growing day by day as well as companies are reducing comparatively less job flow because of alternative database management methods such as partial dictations etc.
This change I personally could feel in the last 5 years. If I resign my job for any reasons such as increased salary or any other reasons I could get another Medical transcription job easily in 10 days' time, but nowadays getting a new job in transcription field is getting tougher compared to a few years back trend.
When I joined as a medical transcription trainee in an institution in Tamilnadu in 2006, companies were asking 98% as the accuracy score level to pass as a trainee to promote live production to a worker. This accuracy score in a few years had increased to 98.5, and now it is increased to 99.5 in some leading companies.
Accuracy metrics differ company by company. Some companies calculate accuracy based on total lines and some companies calculate total number of files. Though their expectation level of passing score is increasing year by year. This makes the survival rate decrease of average worker.
When I joined as a trainee in 2006 the average price per line in India was about more or less the same as of today though all other industries are growing in balance in the wage level.
When we are accustomed to work as a medical transcriptionist gradually our interest level would increase day by day though we are made in a situation to work in a stressful situation and though we love this job as a career.