The medical transcription and communication market is expected to grow at a CAGR of 10% from 2022 to 2027.
Regulations (as of May 2023)
Compliance with regulations such as HIPAA, MACRA, and the 21st Century Cures Act is critical for businesses in the US medical transcription and communication market.
Note: This changes frequently!
Not legal advice. Confirm broadly.
Common Procurement Hurdles
In the medical transcription and communication market, lack of standardization and interoperability are two common procurement obstacles.
Contracting Tips
Purchasers should include provisions for confidentiality, compliance, and scalability in medical transcription contracts.