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BUSINESSBringing medical transcription into the modern ageOne internist uses the Internet and digital recorders to make transcribing easier.By Tyler Chin, AMNews staff. Dec. 9, 2002.
Making sidelines pay
Doctors who branched out beyond running their practice tell why they did it, how they did it, and what you should know before you do it. Contribute Name: Cliff Molin, MD, age 40 Specialty: Internal medicine Locations: Cleveland; Cape Town, South Africa Business: International Transcription Services, a medical transcription company. Doctors dictate notes into digital recorders and transmit the audio files to Cleveland via the Internet. The company then zaps the files to medical transcriptionists it employs in South Africa. Annual revenue: $650,000 Why he started the business: When digital recorders came out in 1998, Dr. Molin started using one and saw an opportunity. "Dictation was typically done at that point on microcassettes. You can't fly a microcassette from one side of the country to another country. But having a digital file creates an opportunity for doing transcription in a more efficient and reliable fashion. I thought it would be a great opportunity to do transcription offshore."
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Business Pitch profiles are quick glimpses into the lives of physicians who are turning their interests outside of medicine into profitable enterprises.
Full text of AMNews content, including more about how this physician got into this business and what it's like balancing it with a medical practice, is available to AMA members and paid subscribers.
Copyright 2002 American Medical Association. All rights reserved.
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