Increasing Useage in Medical Transcription by Transcend (TRCR)

Transcend Services inc (NASDAQ: TRCR), a leader medical transcription services in the U.S. healthcare market announced results year end December 31, 2007 with a significant increase which included an increase from 20% to 24% of editing done using speech recognition tools

Approximately 24% of the Company's total production volume was edited using speech recognition technology in the fourth quarter, compared to 20% in the fourth quarter of 2006. The Company's goal is to grow this percentage to 40% over the next two years, assuming the mix of work on BeyondTXT versus other platforms stays relatively constant. In addition, the Company processed approximately 15% of total volume offshore during the fourth quarter, compared to 7% in the fourth quarter of 2006. Offshore volume as a percentage of total volume is expected to grow gradually over the next several years. We do not expect the growth in offshore volume to impact our domestic workforce.

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