Medical
Transcriptionist Salary
Medical transcriptionists are
trained to listen to dictated recordingsdoctors and other medical
personnel make and to transcribe the
information into documents with a computer, so they earn a good medical
transcriptionist salary.
These reports may include anything from the
information on a patient’s medical history, discharge
summaries, autopsy reports or other medical information. After they are
done transcribing the recordings they are returned to the doctor who
dictated them for approval and then become part of the
doctor’s patient files.
This is a very important position since a patient’s files are
vital to their health and recovery, and the outlook for a medical
transcriptionist salary is predicted to be a good one.
Medical transcriptionists must be able to understand all sorts of
medical terminology and abbreviations in order to do their job
properly. They must also be aware of the specific standards for
maintaining the style that medical records are to be in and be willing
to keep that data safe and confidential.
Job Opportunities and Salary expected to rise
The Outlook For Medical
Transcriptionist Salary
The outlook for the future availability of medical transcriptionists is
predicted to increase by at least 11 percent by the year 2018. The
demand for people working in this field is also expected to grow due in
part to the entry of the Baby Boomer generation to increase the need
for medical care since older people usually go to the doctor more than
younger people. This will cause more medical reports that will need to
be transcribed by medical transcriptionists, who in turn will earn a
medical transcriptionist salary.
Medical transcriptionist salary is earned by the number of lines of
transcription the individual types and can range from $0.07 cents to
$0.13cents. Other factors regarding the amount of pay are the
experience level of the medical transcriptionist and the quality of the
work they do. It also includes the type of report being transcribed and
how quickly the job is produced, along with the error level of the
finished product.
As of May 2011, a medical transcriptionist salary averaged $15.41 an
hour with the top people earning up to $21.81 an hour. Since that
period of time it has more than likely gone up, but figures are not
available at the time this report was written. If you show this as an
annual salary, a medical transcription salary can run from about
$14,000 for part-timers who work around 25 hours a week up to about
$45,000 for those who work 40 hours a week.
However, studies also show that very experienced medical
transcriptionists can make $60,000 to $80,000 if they are willing to
work as a manager of a team of medical transcriptionists.
Why
Are Medical Transcription Jobs Popular?
One of the main reasons that the job of a medical transcription jobs
is
so popular is because it is one of the truly legitimate work at home
businesses that can be done. This makes it popular to stay at home moms
or others who can’t or don’t want to work outside
the home.
Medical transcription salary can also be earned by those who work in an
office in a hospital, doctor’s office, clinic or other
medical facility. The place chosen to work will dictate the type of
work and the amount of work, as well as the days of the week and other
facts. Some medical transcriptionists are also on call positions, as
well as those that work evenings and weekends.
What
kind of education is required to make a real medical
transcriptionist salary
Most medical
transcriptionists who want the highest medical
transcription salary will strive to earn an associate’s
degree, while others can be hired if they complete a one year
certification program or even on-the-job training. These courses
require learning about topics such as anatomy, medical terminology, and
legal issues that relate to the medical field.
While formal accreditation is not required for some of the programs
that teach medical transcription, the Approval Committee for
Certificate Programs, which was established by the Association for
Healthcare Documentation Integrity, as well as the American Health
Management Associate offer voluntary accreditation for all of these
programs if they wish to participate.
If desired, a medical transcriptionist can be registered as either a
Registered Medical Transcriptionist (RMT) or a Certified Medical
Transcriptionist (CMT). The first required two or less years of
experience in acute care and who pass the AHDI level one exam.
Achieving CMT status means two or more years of acute care experience,
passing an exam, and being able to transcribe reports from several
different formats and medical specialties.
Future
for Medical Transcriptionists is Bright
As of 2011 there were more than 105,000 jobs in the medical
transcription field all earning a medical transcriptionist
salary. Most worked in hospitals, while other worked in
offices, or from their homes. The future for job opportunity is
expected to stay bright even with the advancement in computer software
to hear the human voice and produce computer documents. Research has
shown that with the complexity of the human voice, a real live person
is still better at transcribing medical documents.
The bottom line is that the job of medical transcriptionist is a good
field to apply to. If you are interested in earning a medical
transcriptionist salary, then you should do the research and see if it
is really the job that fits you best.
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