If the transcription unit can ensure high quality, better prices can benegotiated. In medical transcriptionbusiness, there is a consolidation happening. There are a number of companies in USA whoare setting up a base in India. This is driven primarily by need for economies of scale. In addition, it is extremely difficult for small units in India to talk to end usersdirectly in USA and other developed countries.
Sub contracting is the way out.
This is something similar to thefranchise model in IT training business. Over a period of time, a hub would emergecatering to a number of entrepreneurs having 30-50 people per node. Some popular sites are given for easyreference. A fortune in black gold. 2001 India Infoline Ltd. All rights reserved.