UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

~~Form~~ FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~PURSUANT~~Date TOof ~~SECTION~~Report ~~13 OR 15~~(d)Date ~~OF THE~~of ~~SECURITIES~~Earliest ~~EXCHANGE~~Event ~~ACT~~Reported): OFSeptember 30, ~~1934~~2011

Date of Report (Date of Earliest Event Reported): September 14, 2011

MedQuist Inc.

(Exact ~~name~~Name of ~~registrant~~Registrant as ~~specified~~Specified in ~~its charter~~Charter)

New Jersey		0-19941		22-2531298
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(IRS Employer I.D. No.)


New Jersey (State or Other Jurisdiction of Incorporation)		0-19941 (Commission File Number)		22-2531298 (I.R.S. Employer Identification No.)

9009 Carothers Parkway
Franklin, Tennessee		37067
(Address of principal executive offices)		(Zip Code)

9009 Carothers Parkway
Franklin, Tennessee 37067
(Address of Principal Executive Offices) (Zip Code)

(866) 295-4600
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 12.0103. ~~Entry~~Creation ~~into~~of a ~~Material~~Direct ~~Definitive~~Financial ~~Agreement~~Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

~~Debt~~As ~~Modifications~~previously disclosed, MedQuist Inc. (the “Company”) and MedQuist Holdings Inc. entered into the Credit Agreement, dated October 1, 2010 (the “Credit Agreement”) which, among other things, provided for a $25 million revolving credit facility (the “Revolving Facility”). Also as previously disclosed, the Credit Agreement was amended pursuant to a First Amendment to the Credit Agreement, Waiver and Consent dated July 11, 2011 (the “Amendment,” and together with the Credit Agreement, the “Amended Agreement”).

On September 1430, 2011, ~~MedQuist Inc., a New Jersey corporation (~~the “Company~~”),~~ ~~entered~~initiated ~~into the~~a ~~Second~~draw ~~Amendment~~down ~~(the “Second Amendment”) to the Credit Agreement, dated as~~ of ~~October~~$22 1,million ~~2010 (as~~under ~~amended by~~ the ~~First Amendment to Credit Agreement, Waiver and Consent, dated as of July 11,~~Revolving ~~2011,~~Facility ~~the~~for ~~“Credit~~general ~~Agreement”),~~corporate bypurposes ~~and among~~ (the ~~Company, MedQuist Holdings Inc., a Delaware corporation (~~“~~Holdings~~Advance”)~~, CBay Inc~~., aThe ~~Delaware~~Advance ~~corporation~~bears ~~and~~an ~~direct~~interest ~~wholly~~rate ~~owned subsidiary~~ of ~~Holdings~~7.75% ~~(“CBay”),~~per ~~MedQuist Transcriptions, Ltd~~annum., aWith ~~New~~the ~~Jersey~~Advance ~~corporation~~ and ~~indirect~~all ~~subsidiary of~~previous ~~Holdings~~draw ~~(“MedQuist Transcriptions” and~~downs, ~~together~~the ~~with~~entire ~~CBay~~$25 million ~~and~~of the ~~Company, the “Borrowers”),~~ ~~the~~Revolving ~~other~~Facility ~~Loan~~has ~~Parties~~been ~~signatory~~drawn ~~thereto,~~upon ~~the Lenders signatory thereto,~~ and ~~General~~remains ~~Electric Capital Corporation, a Delaware corporation, as Agent for the Lenders~~outstanding.

~~The~~Amounts ~~Second~~borrowed ~~Amendment~~under ~~amended~~ the ~~Credit~~Revolving ~~Agreement~~Facility ~~primarily in order~~ (~~i) to~~including ~~increase~~ the ~~limit on~~Advance) ~~the~~are ~~aggregate~~due ~~amount~~and payable, ~~set~~together with ~~forth~~all inunpaid ~~clause~~interest, ~~(a)(i)~~fees ofand ~~the~~other ~~definition~~obligations, ofno ~~“Permitted Acquisitions”~~later ~~under~~than ~~the Credit Agreement from $25~~October 1,~~000,000~~ ~~to $50~~2015,~~000,000~~ inor ~~any fiscal year and~~earlier ~~$75,000,000~~upon toexercise ~~$150,000,000~~by ~~during~~ the ~~term~~lenders ofunder the ~~Credit~~Amended Agreement, ~~(ii) to eliminate the limit on the aggregate amount payable set forth in clause (a)(iii)~~ of ~~the~~their ~~definition~~right ~~of “Permitted Acquisitions”, (iii)~~ to ~~eliminate~~accelerate the ~~$500,000~~due ~~limit on Restricted Payments permitted under Section~~date ~~8.5(j)~~ of ~~the~~obligations ~~Credit~~upon ~~Agreement,~~the ~~(iv) to~~occurrence ~~include a Restricted Payments basket~~ of an ~~aggregate~~event ~~amount~~ of ~~$25~~default,~~000,000~~ ~~for~~as ~~repurchases~~described ofin ~~Holdings stock, (v)~~Section to9.2 ~~add an accordion feature that allows for additional borrowing capacity~~ of ~~up to $50,000,000, subject to~~ the ~~satisfaction of customary~~ ~~conditions~~Credit ~~set forth in the Second Amendment and (vi) to make certain other changes as agreed between the Borrowers and the Lenders~~Agreement.

The foregoing description is qualified in its entirety by reference to the full text of the Credit ~~Second~~Agreement ~~Amendment, which is~~ attached as Exhibit 10.1 to ~~this~~Form ~~Current~~8-K ~~Report~~filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2010 and the Amendment attached as Exhibit 10.1 of Form 8-K ~~and~~filed with ~~incorporated~~the inSEC ~~this~~on ~~Item~~July ~~1.01~~12, 2011, each of which are incorporated by reference into this Item 2. 03.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.				Description
	10.1			Second Amendment to Credit Agreement, dated as of September 14, 2011, by and among CBay Inc., MedQuist Inc., MedQuist Transcriptions, Ltd., MedQuist Holdings Inc., the other loan parties signatory thereto, the lenders signatory thereto, and General Electric Capital Corporation, as agent for the lenders

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has ~~duly~~ duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MedQuist Inc. By /s/ Mark R. Sullivan Name: Mark R. Sullivan Title: General Counsel & Chief Compliance Officer


Date: September 30, 2011	MedQuist Inc.
	By:	/s/ Mark R. Sullivan
		Mark R. Sullivan
		General Counsel and Chief Compliance Officer

Date: September 20, 2011

Exhibit Index

Exhibit No.				Description
	10.1			Second Amendment to Credit Agreement, dated as of September 14, 2011, by and among CBay Inc., MedQuist Inc., MedQuist Transcriptions, Ltd., MedQuist Holdings Inc., the other loan parties signatory thereto, the lenders signatory thereto, and General Electric Capital Corporation, as agent for the lenders

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