HomeMedical TranscriptionHow Much Does Medical Transcription Pay

how much does medical transcription pay

Most people are not normally familiar with the question of how much does medical transcription pay or what the job entails.

Medical transcription refers to a profession in which a person listens to recorded voice recordings that physicians and other medical healthcare professionals make and then converts them into written reports. They do this using a headset to listen to the recordings and a computer program such as a word processor to write down the recordings. They also use of a foot pedal to pause the recordings as needed or some other type of audio playback equipment. Medical transcriptionist may also review and edit medical papers created using speech recognition technology.

The transcribers then edit the text for any grammatical errors using their knowledge of medical terminology, anatomy and the English language in order to produce detailed and accurate reports. These reports usually become a permanent part of a patient’s personal medical files. This is a behind the scene job that doesn’t require working in a crisis room or forming associations with patients. A lot of medical transcriptionists work from hospitals or in physicians’ offices. Most medical transcribers are private contractors or students partaking since the profession requires very little higher education. Get In, Get Out, Get Working with a Certificate Program

Prospective medical transcriptionists must have an exceptional understanding of medical terminologies, physiology, anatomy, grammar and word-processing software. Having a certificate or degree however will improve your career prospects and give you an edge in the employment market. It will not have any bearing on how much does medical transcription pay.

According to the United States Department of Labor statistics the median pay for a transcriber in 2012 was 16.36 dollars per hour which translates to about 34,020 dollars per year. The entry level to this job was a post-secondary non-degree award. During that year there were an estimated 84,100 medical transcribers in the United Sates with an expected employment growth of 8% for that year. Most medical transcriptionists are normally paid based on the volume of transcription they produce. While others may be paid an hourly rate or an annual salary. This profession is not a guaranteed full time profession as there is no exact standard amount of how much medical transcription pays. The growth volume of healthcare services is the reason being the increased demand for medical transcription services. However, with the advent of increased efficiency stemming from technological advances the employment growth in this profession is expected to take a dip. Due to the flexibility of this profession which allows a person to even work from home this career is becoming popular among young college students. This is because self-employed medical transcriptionists usually have irregular working hours, such as evenings or weekends. You can however make medical transcription a full time profession by completing either a 1-year certificate program or a 2-year associate’s degree program. The coursework normally includes anatomy, risk management, medical terminology and legal issues relating to healthcare documentation. You will also need to be knowledgeable of electronic health records (EHR) systems. This career requires you to have listening, critical thinking, computer, time management and writing skills. Although the career usually doesn’t require a certification, the Association for Healthcare Documentation Integrity does provide certification. This association offers certification in Registered Healthcare Documentation Specialist (RHDS) and the Certified Healthcare Documentation Specialist (CHDS).

These certifications do require an individual to pass an exam and take periodic retesting or continuing education. However having these certifications doesn’t have a lot of bearing on the question of how much does medical transcription pay.

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