A person who does the transcription is known as a transcriptionist or transcriber. Transcription is a challenging and specialist function requiring specific skill sets and the ability to multitask. All transcriptionists need to have some common skill sets and people specializing in certain industries will need additional industry specific skills.

BASIC SKILL SETS NEEDED BY A TRANSCRIPTIONIST: Enumerated below is a list of the basic skills needed by a transcriptionist.

A transcriptionist is a person who converts audio into text. Transcribers may work independently from home or within an office environment. Transcribers working independently from home are known as freelance transcribers.

COST: Freelance transcribers provide their services at a lower cost as compared to companies providing the same services. Companies obviously will be charging higher due to their additional overhead costs.

What is outsourcing? Outsourcing refers to the process wherein a function which has been performed in-house is being sent out to an external service provider. Outsourcing has crept into all arenas of business.

Why outsource? Companies looking for more productive and cost efficient methods of handling certain business functions often choose to go the outsourcing route while they concentrate on their core competencies.

Transcription is the process of converting audio into text.

Academic transcription refers to transcription related to the field of education.

What is confidentiality? As the International Organization for Standardization (ISO) in ISO-17799 defines it, confidentiality is "ensuring that information is accessible only to those authorized to have access" and is one of the cornerstones of information security.

The healthcare industry is governed by the federal law of The Health Insurance Portability and Accountability Act (HIPAA) enacted by US Congress in 1996 to protect the privacy policies of patients' sensitive medical information.

What is confidentiality? As the International Organization for Standardization (ISO) in ISO-17799 defines it, confidentiality is "ensuring that information is accessible only to those authorized to have access" and is one of the cornerstones of information security.

An agreement called as a nondisclosure agreement (NDA) or a confidentiality agreement is signed between the people involved. Basically, this agreement outlines the people involved, defines the information which is confidential, the time frame during which this agreement is effective, etc.

Transcription Hub is proud to inform you that we have added a new feature to our website, "Live Help Chat," to better serve your needs for instant information.

To access this feature, you will need to visit our website, www.transcriptionhub.com, where you will find the "Live Help" logo on the left hand side of the screen. Clicking on this logo will take you to a login page where you enter your name and email id. Once the login process has been completed, you will be presented with a text chat screen and can get any clarifications instantly from our executive online via text chatting.