I have been in medical transcriptionist jobs for 17 years and am looking at home medical transcription. My first two years was in radiology, neurology, and non-invasive cardiology. I have been transcribing psychiatric transcription for a medical transcription clinic for about 15 years now.
I type 120-140 WPM and have been told that at home medical transcription would be ideal for me.
Also, we plan on moving out of state in less than a year (from Oklahoma to West Virginia), and I will need another job. My question is will my experience be good enough (since I’ve been transcribing only psychiatry for the past 15 years)? Will I need a refresher course? I have an associate’s degree in Medical Secretarial Science from a two-year university (OSU-Okmulgee — Okmulgee, Oklahoma)
Because of your experience, I would say you could get a medical transcription from home job with litle problems and some medical transcription training would be helpful too. You might try looking for a psych account first, but if you can’t find one, search for radiology transcription jobs.
I’m not sure that you could get an acute care account since you don’t actually have experience with that. I advise you to search out home medical transcription as it is a great opportunity in todays economy and this site gives valuable information on all aspects of MT. Good luck!
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Q. What is most satisfying about medical transcription?
This will depend on you. A number of comments that come from transcriptionists in answer to this question are:
- The flexibility of the job
- Working from home
- Being able to work anytime
- The flexible hours have allowed me to make some extra money and still be here for my kids
- It suits me as I am task oriented and self-motivated
- It is satisfying having a chunk of work to do and getting it done
- I like typing and words
- I like bringing a sense of perfection to the job
- You have the option to work full or part-time, casual, contracted or permanent
Q. Where do medical transcriptionists work?
Medical transcriptionists work in hospitals, clinics, physician’s offices, transcription offices, insurance companies, for home healthcare agencies, and also in other places where dictation is required for the purpose of healthcare documentation requiring transcription. The improvements in technology mean an increasing number of medical transcriptionists are working from home and digital technology has made this a totally viable option.
Q. How do I get started in medical transcription?
Getting started in medical transcription you can head in different directions. For an experienced word processor it is possible to learn medical transcription while working in an entry-level position. This is rare though because of the need to learn medical vocabulary and formats. You can take courses either at some colleges, hospitals or by home study. Online courses offer some great systems for quick learning.
It is best to gain some experience to start with working in physicians offices, clinics, hospitals or for a transcription service company. After 2-3 years experience in an office or hospital you can work from home. It is possible to work from home for a service company right from the start although there is great benefit a any transcriptionist in having gained the experience of working on site.
Anyone who says medical transcription is going to be obsolete is talking through his hat. medical transcription is almost already a paperless job. Transcribed files are uploaded into the hospital records in the computer system.
The physicians refer/access them in the computer system as and when required. As someone already mentioned, there will always be tough dictators whose dictation is hard to understand and whose transcription would require lot of hearing skills and transcription experience. These physicians always require the skills of transcriptionists 24/7.
Any future doubts/clarifications are graciously invited at prashanth_142@yahoo.co.in
Medical Transcription Rate Depends on Your Competence
The medical transcription rate you will be paid is dependent on your level of competence. The demand for the particular sector you are transcribing is also a factor.
The sectors (e.g. radiology, oncology) have different demand and rates vary for the sectors, as well as the speed you produce your work. Without accuracy you will not be employed for long, so this also is an important factor.
There were 98000 medical transcriptionists in employment in 2006. This figure is expected to rise to 112,000 by 2016. That is a 14% increase which means the medical transcription field is expected to grow faster than the average employment level.
Job opportunities will be good, especially if you are certified. When it comes to specializing in a sector, consider the going medical transcription rate in the sector and whether demand is likely to increase with the aging population.
Official US Medical Transcription Rate
According to the US Department of Labor 2008-09 Occupational Outlook Handbook the earnings of wage and salary medical transcriptionists showed a median hourly earnings of US$14.40 in May 2006.
The 50 percent in the middle were on rates of between US$12.17 and US$17.06 per hour. The highest 10% earned more than US$20 per hour and the lowest 10% less than US$10.22 per hour.
The median hourly earnings, per industry, employing the larger numbers of medical transcriptionists were:
• US$15.68 for Medical and diagnostic laboratories
• US$14.62 for General medical and surgical hospitals
• US$14.34 for Business support services
• US$14.31 for Outpatient care centers
• US$14.00 for Offices of physicians
Compensation for medical transcriptionists varies. The methods of basing the rate of reimbursement vary as well.
Some are paid on the number of lines transcribed, others are paid on the hours they work. Some are paid a base pay rate plus incentives for higher production.
Payment on the number of lines transcribed will be a contracted rate. To give you a rough idea lets say a rate of 13 cents per line is agreed upon.
You type 200 lines per hour (a comfortable speed to type), gives you an hourly rate of $26. If you get to 300 lines per hour, your rate goes up to $39. A great incentive!
Usually independent contractors and employees of transcription services receive production based pay. Independent contractors earn a higher rate than those working for others, although they also have higher expenses.
The medical transcription rate that you receive as an independent contractor can be much higher than the basic employee. Rates of around US$36 per hour are quite common. The introduction of digital transcription has opened up new job opportunities and makes it much easier to operate in freelance medical transcription…
Medical Transcription is a job or career option that you really MUST consider!
Here we are facing an economic downturn and yet this industry is only likely to flourish. Never before has the world faced such a huge number of people reaching their retirement age.
Along with this comes the need for more health care and demand on all aspects of the health industry. What all this means is that the medical transcription field is expecting growth in a field that is already in demand!
The future for transcriptionists looks great…
So, what does a medical transcriptionist do?
Another term for a medical transcriptionist is a medical language specialist. Their work involves the act of converting voice recordings (dictation) from a health care professional into text documentation.
The work is suited to people with particular characteristics although anyone can be trained in medical transcription as long as they fit these basic requirements. A passion for medicine certainly helps.
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My friend is going to school for medical transcriptionist! Shes got a really good head on her shoulders and she is already talking about buying a house and cars but I dont want her to get too over her head! Can someone help me out with salaries and the type of pay system they have you on??
Thanks alot!
Totally agreed Cathy!
Everyone thinks they can just become a MT and start working at home and have the easy-life, but that’s not at all how it works. It takes excellent schooling and years of experience to be able to work at home. And even if your friend is going to an *accredited* school where she will be able to get a good job, she certainly can’t rely on making the same amount every paycheck. It’s incredibly variable.
I am an experienced medical transcriptionist having full infrastructure to work as a home-based medical transcriptionist, and I like to know any company, physcian or hospital who can outsource files on a daily basis and also payment per line basis. I can transcribe with excellent quality around 600 lines a day within the turn-around time. I have specialized in Orthopedics, GIGU, OB-Gyn and Physical Therapy files and having sound knowledge in other sections such as Ophthalmology, Pulmonay and cardiology, Neurology etc.
Maybe this site can help you http://mtstars.com
Could somebody tell me the medical transcription training institutes in India?
Esp. places like Bhopal , Indore , Delhi,( Or NCR )
In every place, there are good institutes these days: they even pay you stipend during training! Look out in newspapers for advt’s, esp. week-end editions!
Whats your take on Medical Transcriptionist jobs? Are they legit stay at home kind of work or scams?
Has anyone ever taken this course at home? Is it a scam,or can you really make money doing it? Do you think its a hard course? Would love some detail or imput please I put this in this catagory because Im sure alot of moms have checked in to this as a way to stay at home with their kids and still make $
My mom is a medical transcriptionist from home. She took a course, like the ones you see advertised on TV. She didn’t think it totally prepared her, but she fortunately got on with a company who was willing to train her. Most companies want several years experience before they’ll hire you.
You also should look at the difference between being an employee or an independant contractor. Employee gets benefits but you usually gotta set hours and meet minimums. ICs are usually more free to work when they want/can, but no benefits.
Also consider the quality of work. So many doctors are foreign and VERY hard to understand. Also, depending on the system the company uses, sound quality could suck. Don’t think it’s an easy job you can just pick up and do at will with kids running around. My mom said there was no way she ever could have done it when my bro and I were kids.
Wow, I sound really negative…lets go positive for a little while. You can work from home in my jammies! If you’re a night owl, you can set your hours to work at night! Sorry, that’s all the positive I can think of now…my mom’s been struggling with her company for a couple years now, so all I hear is negative. Give it a try if you want…or you could give general transcription a shot. It doesn’t pay as well, but it’s usually easier and more flexible