Medical transcription companies are paid by the line, right? New healthcare plan=more healthcare data=more lines of transcription. That's the world's easiest form of growth.
Transcend is number two in the industry by market size, but they have better margins than MedQ and have been picking up market share. My money would be on Transcend for the Spheris acquisition, and for continued market growth.
Recs
Medical transcription companies are paid by the line, right? New healthcare plan=more healthcare data=more lines of transcription. That's the world's easiest form of growth.
Transcend is number two in the industry by market size, but they have better margins than MedQ and have been picking up market share. My money would be on Transcend for the Spheris acquisition, and for continued market growth.