CBaySystems Headcount Rises to 700, Opens New Cent
CBaySystems, a provider of medical transcription services is expanding its India operations with a new center in Coimbatore.
Located in Rathinam Technopark, Eachanari, the new facility will have a seating capacity of 450 people and is spread across an area of 18,000 sq.ft.
In the first phase, the company is planning to increase its headcount in Coimbatore to over 700 employees in a six-month period and, as a part of the second phase, CBaySystems will further expand its operations in the city with the aim at ramping its headcount to over 1500 employees in the next 12 months.
Dinesh Kumar, director and COO, India Operations, who inaugurated the facility said, We are excited to be in Coimbatore as it is a key hub for the medical transcription outsourcing industry in India. Coimbatore offers a unique benefit of skilled manpower, scalable infrastructure and a large talent pool of fresh candidates that can be trained to become world class medical transcriptionists. We have always been focused on this market, and with the launch of this new center, we plan to add a sizeable number of employees thereby strengthening our presence even further.
In an effort to induct fresh talent into our company, we will be extending our training program to several premium educational institutes with a ready talent base, and we will continue to boost operations in order to meet the demands of an ever increasing market, said Kumar.
Industry bodies currently estimate the US healthcare outsourcing market to be in the range of $12 billion, which is expected to reach around $18 billion by 2010. In consistency with the market, CBaySystems has witnessed rapid growth in this field. With its acquisition of a majority ownership of MedQuist in 2008, CBaySystems was transformed into a global leadership position in the healthcare services industry.
Today, along with MedQuist, CBaySystems provides a suite of healthcare technology and medical transcription services to over 1700 hospitals and a large number of physician practices in the US. It also provides transcription technology and services into the NHS market in the United Kingdom.
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