Friday, January 8, 2010

Any one making decent money at home doing medical transcription work?

And if so, where did you get your training?Any one making decent money at home doing medical transcription work?
That's a loaded question. I would have to say at this point in the MT business there are a lot of MTs who are looking for other lines of work. It used to be that once upon a time you could make a living doing this and make good money, benefits and so on but good jobs are HARD to find now. Hospitals/doctors just don't want to pay you what you're worth. Most places will have you work on a per line and/or character basis, meaning it's production based, the more you work, the more you get. Some places still offer an hourly rate plus a bonus incentive, that really makes it worthwhile. However since some places only pay 6 cents a line, you're working a lot, invariably causing repetitive motion pain. That's what most newbies earn. With experience, your wage goes up but not too much. You'd be lucky to find a job that pays more than .09 a line anymore. Plus this field is over-saturated, you're competing against a lot of MTs, more than ever really. Plus, hospitals/docs are sending work overseas so there's just less work to do. I've left a couple of places because of running out of work constantly. Outsourcing produces shoddy work but it's cheap labor.





I went to a medical/business school, vocational if you will, and I loved it. It didn't give me a bunch of bullsh** classes that have nothing to do with nothing. Classes are smaller so you can get 1-on-1 attention if you need it. I recommend them over the correspondence courses (however there are some good reputable schools out there) and I recommend working in a hospital/clinic/office before working from home. I'd say the average MT is earning anywhere from 20,000 to 30,000, some earn more, some earn less. It's tough on your body though but it's rewarding at the same time.





Good luck.Any one making decent money at home doing medical transcription work?
You're so welcome :) Report Abuse

Medical transcription #1 career to work from home. Millions of people are working in this field and earning good income. First, you have to survey well on this field through different forums. Basically, you keep in mind that in this field you have to hear to dictation and type, sit for long hours. Money is not a problem.
The major bulk of medical transcription work in the U.S. has been greatly curtailed by state privacy laws as it pertains to medical records and patient confidentiality. The vast majority of medical records are kept in recordkeeping departments within medical centers and any transcription work is done ';in-house,'; not ';outsourced.'; So, beware of any offers which promote online in home medical transcription work--there are scammers out there.





Good luck!
If you are looking for Medical Transcription training, I have heard many good things about the Career Step course. They have an awesome program that has interactive games and a ton of dictation which may seem like overkill but it is much needed practice. Their course is online so you don't have to attend a school which is nice. They just started doing a demo of their course which is awesome. Then you can see what it would be like taking the course and what they have to offer.





As far as making decent money, the Department of Labor has stats on how much an MT can make as well as job outlook. www.bls.gov/oco/ocos271.htm
I have made great money for some time now. You might check out MT Advantage Career Center (www.mtacc.net) for training. They have a free e-book about Medical Transcription that is very informative if you're interested in the field.

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