Vadodara, Jun 18 (UNI) US-based Intivia, a leading provider of medical transcription services and medical office software suite, has decided to go for strategic expansion of its operations in India in a phased manner.
The company, which will commence its operations in Vadodara and Thiruvananthapuram from July as part of its phase one expansion plan, would create opportunities for 300 medical transcription professionals in one year.
Announcing this at a news conference here today, company's chief executive officer Ashish Vachhani said though over the last several years India's medical transcription industry had shown healthy growth, it had tapped only a fraction of the global opportunity.
Stating that the market for medical transcription was worth anywhere between USD six billion and USD 15 billion per year in the US alone, he said the Indian companies' penetration in the market was estimated to be barely 10 per cent.
Intivia, Mr Vachhani said, was involved in the growth of transcription industry in Gujarat for last six years by providing work to local companies. With the commencement of the company's own state-of-the-art healthcare facilities in Vadodara and Thiruvananthapuram, Intivia hopes to meet the rapidly growing demand for healthcare documentation and technology services in India, he added.
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