medical billing transcription supplier information

This year has witnessed two mergers involving leading transcription service companies. Earlier this year, Webmedx Inc. acquired Atlanta-based Rodeer Systems. In the most recent deal, MedQuist Inc., the nation's leading provider of medical transcription services with $405 million in annual revenues, has acquired Lanier Healthcare, another company providing a broad mix of Web-based transcription and dictation services, electronic signature and speech recognition solutions, The new venture combines the forces of MedQuist's 9,800 transcriptionists serving 3,200 healthcare clients with Lanier's 480 employees and its established customer base of more than 285,000 physicians, estimated to be 50 percent of the acute care hospital market.