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Transcend Services Inc

 
Hoover's Profile: Transcend Services, Inc.
(NASDAQ (GM):TRCR)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Transcend Services, Inc.
1 Glenlake Pkwy., Ste. 1325
Atlanta, GA 30328
GA Tel. 678-808-0600
Toll Free 800-555-8727
Fax 678-808-0601

Type: Public
On the web: http://www.transcendservices.com
Employees: 1,172
Employee growth: 16.6%

Transcend Services helps make sense of doctors' gibberish. The medical transcription company uses Internet-based technology to turn doctors' audio patient records into written text. Its home-based medical transcriptionists convert the physicians' recorded notes (made using either Transcend Services' proprietary BeyondTXT technology or clients' own systems) into text documents. The company is increasingly using speech recognition software to automatically convert voice to text, after which the documents are edited by transcriptionists. Transcend Services counts more than 150 hospitals, clinics, and physician group practices among its customers.

Key numbers for fiscal year ending December, 2008:
Sales: $48.7M
One year growth: 14.7%
Net income: $5.8M
Income growth: (49.8%)

Officers:
Chairman and CEO: Larry G. Gerdes
President and COO: Sue McGrogan
CFO: Lance T. Cornell

Competitors:
MedQuist
Spheris
SPi Global Solutions

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