Medical Transcription Jobs

One of the more interesting ways to earn a viable income while remaining at home is to train for medical transcription jobs. Earning a medical transcriptionist degree empowers you with the knowledge and training to competently convert oral information provided by physicians regarding the medical condition of various patients into written form. These medical records then go into appropriate files, which the physician or other medical professionals involved in the case, can later view.

Individuals with medical transcription jobs work at doctor's offices, laboratories, hospitals, transcription service companies and medical clinics. Besides experiencing the excitement of working in the medical field, individuals with medical transcription training are also able to work in the comfort of their own home and avoid the hassles of commuting.

After completing an online medical transcription school course, a certified medical transcriptionist will possess extensive knowledge of:

Medical terminology
Excellent typing skills
Increased aptitude with memory, spelling, communication and grammar skills
Human physiology and anatomy
Maintaining accurate records
Human diseases/disorders
Implementing expert research skills
Advanced computer skills

Ten Facts about Being a Medical Transcriptionist

Medical transcription schools provide everything you need to succeed in obtaining a medical transcription degree. Financial aid is also available by filling out a FAFSA form.

The U.S. Bureau of Labor Statistics website states that medical transcription jobs are expected to increase by nearly 14 percent from now until 2025. In addition, the Bureau also confirms that nearly 80 percent of those employed as a medical transcriptionist make anywhere from $10 to $20 per hour, with that figure expected to increase as future demand for MTs rise. Career advancement opportunities are also plentiful for those acquiring an accredited online medical transcription degree because of the ability to become exposed to thousands of doctors practicing all over the world

Choosing to be a medical transcriptionist who works as an independent contractor from home means you can get around the mandatory retirement age rules affecting many other occupations.

Online medical transcription degrees can lead to working with psychologists, dentists, coroners and veterinarians as well.

Medical transcriptionist salary amounts range from part-time incomes of $15,000--$30,000 to full-time incomes as high as $70,000.

Having a full-time medical transcriptionist job can provide you with life, dental, health and even vision insurance, along with 401K plans, paid vacations and sick leave benefits.

Earning a medical transcription degree can take as little as six months for certification or two years to obtain an associate's degree.

Upon completion of an online medical transcription course, the AAMT, or American Association for Medical Transcription gives the successful graduate the Certified Medical Transcriptionist document which allows them to begin working as a qualified MT and earning a medical transcriptionist salary.

When you become a medical transcriptionist, you have the ability to work anywhere, spend more time with children or family members, work around your schedule, and save money by not having a long commute to work. About 75 percent of those possessing a medical transcription school degree telecommute, while the rest work in hospital, office or company settings.

Medical Transcriptionist Salary Information

Medical transcriptionist jobs employ people considered as independent contractors who generally earn more than someone who works for a hospital or office and is a "W-2" employee rather than a 1099 contractor. The amount of money earned is based on one line of transcription, usually averaging about $.07 or $.08 cents per line. Experienced medical transcriptions producing high-quality material earn up to $.13 cents per line. However, this pay range can vary based on a couple of factors:

The difficulty of the job
How quickly the medical transcriptionist is able to finish transcribing a doctor's notes.

An entry-level medical transcriptionist salary provides about $14,000 to $28,000 a year part-time (20-25 hours each week) for those with a transcription degree. Full time work consisting of 40 hours a week brings anywhere from $23,000 to $45,000 a year to seasoned medical transcriptionists.

As an occupation expected to increase in need and salary due to the aging population, medical transcription jobs offer an interesting, flexible and rewarding career in the medical field that additionally provides room for advancement and an array of employment opportunities. A certified medical transcriptionist armed with a transcription degree is capable of setting up a home medical transcription business or follow a career at an institutional/company for lifetime job security and a viable income.