As seen in the definition page for transcription (from www.dictionary.com).
Medical Transcription:
n 1: something written, especially copied
from one medium to another, as a typewritten version of
dictation [syn: written text]
Source: WordNet ® 2.0, ©
2003 Princeton University
Physicians worldwide are burdened with the task of creating
detailed notes and medical records on their patients. Using manual medical transcription services can be very
expensive. Doctors send anywhere from $300 to $1500 a
month which comes out to $18,000 a year at the top
end.
Using software for medical transcription is much cheaper. It is about $869 one time fee. Every two years an
upgrade ay be necessary for about $179.
Software technology
has come a long way in the last few years. This software
for medical transcription now has a 99% accuracy rate at 160
words per minute.
Medical Transcription via computers has
definitely reached maturity.