Medical Transcription business is one of the fastest growing fields in health care. Medical Transcriptionists are in demand in Western countries especially in the US where the complete health industry is based on insurance and medical records are required for meting out insurance claims. Medical transcription business is a challenging and interesting career. It is the procedure whereby one swiftly and precisely transcribes medical records dictated by doctors, including history and clinic notes, physical reports, operative reports, office notes, consultation notes, letters, discharge summaries, psychiatric evaluations, pathology reports and x-ray report and laboratory reports.

This dictation covers everything that takes place between the patient and health care provider. Usually, the information dictated by doctors is recorded either into or onto tape. The procedure of medical transcription is transferring this information using word processing. Transcription services ranges from one-person home-based businesses to high-tech, sophisticated corporations which employ transcriptionists. Some medical transcription services now employ both home-based and 'on-site' medical transcriptionists. Medical transcription business serves various clients, hospitals throughout the globe.

In every business, there are certain rules for excellence. Likewise, each industry initiates standards for inspecting performance. In medical transcription, there is also a set of criteria that is deemed essential to keep up high standards of excellence. For this very reason, many people are now looking forward to starting a medical transcription business. The success of the surviving companies proves that Medical transcription business can hold a vital link in altering the US job scenario.