Online medical transcription

Finding The Right Medical Transcription School For You

2008-02-02T01:18:00.000-08:00

COMPETENCY-BASED

Finding the right medical transcription school may be the most important decision you will make in your career. This may seem like a bold statement - especially since, at first glance all medical transcription schools look pretty much the same. But nothing could be further from the truth. There are really only a few medical transcription schools that are truly competency-based. That is, schools that prepare you to get a job upon graduation.

DIPLOMA MILLS

Oh, don’t worry, there are plenty of “diploma mills” out there. The problem is that in this business, a diploma is not what matters. The only thing that matters is whether you can perform the work. And the only way to learn to do the work is to enroll in a top-flight medical transcription school. Taking shortcuts on a fast track to a diploma is a total waste of time and money. Too many people find this out the hard way — and it is a very costly mistake, indeed.

MYTH OF NO OPPORTUNITY

Unfortunately, most people who make that mistake become completely discouraged and disillusioned and just give up, assuming that there is no real opportunity for a career in medical transcription. When the reality is that there are hundreds of unfilled medical transcription job vacancies every day of the year. Right now the medical transcription industry is literally begging for new talent. But medical transcription companies need people that can produce, not people that require a lot of hand holding and mentoring.

CONVENIENCE

One aspect you will want to consider in finding the right MTS for you is convenience. Some vocational and community colleges offer MT programs. The obvious challenge there is travel time and arranging your schedule to fit theirs. One great benefit for going the home-study route is that you can study whenever YOUR schedule allows. For many stay-at-home moms, this is a very, very big advantage.

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Medical Transcription School - How Long Will It Take?

2008-02-02T01:16:00.000-08:00

Facing the unknown can often be disconcerting, especially when you want very much to find a great home-based career, like medical transcription. “How long will it take to get through the school?” And, “How long until I get my first paycheck?” are common concerns asked by people considering a career in medical transcription. Here we’ll address both these issues.

First things first - How long will it take? On average you can expect to get through a good medical transcription school in about nine to twelve months. This assumes that you work on it consistently and part-time. All together, it will take about 600-700 hours. Say you work at it three hours a day, five days a week - that’s 15 hours a week. Divide that into 600, and you get 40 weeks — which is about nine and a half months. If you consistently work at it just a half hour longer each day, it’ll shave more than a month off that.

Obviously, that’s a great deal of time away from home — usually the very thing people searching for a new career often don’t want to leave behind. Fortunately, the best medical transcription schools allow you to work at home at your own pace.

So, when can I get my first check? The thing to remember is that the more time you are willing to dedicate to your studies, the sooner you will be able to start working from home and get that first check! After all, that is really what it is all about, isn’t it?

Regardless of your current situation, you should be able to get through a quality medical transcription school working a few hours a day, and as many days per week that you are able dedicate to the program. A good medical transcription school will guide you through the process systematically — step by step. With a moderate amount of effort and dedication you will quickly gain the confidence you need to complete the program. So, find the best medical transcription school you can, and launch your future career today!

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Job Opportunities For Medical Transcription

2008-02-02T01:08:00.000-08:00

Job opportunities for MTs are expected to grow faster than average for the next several years. Health care facilities continue to expand, and employment opportunities should expand with them.

Settings for work in this field are varied. Medical transcription job opportunities include working in hospitals or physician’s offices. Government medical facilities provide another option for job seekers. Individuals looking for work in this field can also look in diagnostic laboratories, business support services, and transcription service offices. MT job opportunities can be found anywhere there is medical need.

Medical transcription employment is not restricted to offices. Many transcriptionists work from home. Some work as contracted freelancers and have varied hours. Others work as employees of hospitals or clinics who allow their transcriptionists to telecommute. The internet can be used to receive and send transcription, making it possible to work from any location.

An aging population requires more health care. More health care services coupled with the need for electronic documentation insures continued medical transcription job opportunities.

Pay for medical transcription jobs ranges from approximately $10.00 an hour to about $20.00 per hour. Pay can be based on an hourly rate or a production rate. Some medical transcription jobs are paid an hourly rate with bonuses for high production.

Medical transcription opportunities include the chance for advancement. After gaining experience, transcriptionists can move into editing or consulting. They can also teach.

If you are looking for a career in a growing field that offers the ability to advance or to work from home, consider medical transcription. It’s difficult in this day to find careers that are not threatened by layoffs, but the future looks bright with medical transcription. Outsourcing to other countries is expected to be limited in this field, and increasing medical demands will only make these jobs more secure.

For individuals who are independent, career-oriented, and enjoy the medical field, explore medical transcription. It might just be what you’ve been looking for.

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Medical Transcription, An Emerging Winner

2008-02-02T01:06:00.000-08:00

There are distinct objectives to consider when trying to choose a career, including knowing yourself, knowing your options, knowing how you constitute decisions and addressing any barriers to your decision-making. Effective career decision-making requires an abundance of work and energy; this is necessary to establish some degree of satisfaction with your career choice. One such career that has emerged as fulfilling, provocative, well paying and in demand is medical transcription. The employment of medical transcriptionists is projected to grow faster than the average for all occupations through 2012. A growing and aging population will spur demand for medical transcription services.

Basically, a medical transcriptionist listens to dictated recordings made by a healthcare professional, and transcribes them into medical reports, correspondence, and other administrative info. While listening to the recordings, using pause techniques, sentences are keyed into a word processor, editing as necessary for grammar and clarity. Documents produced include discharge summaries, history and physical examination reports, operative reports, consultation reports, autopsy reports, diagnostic imaging studies, progress notes, and referral letters. These are returned to the health care provider for review, signature, or correction. These documents eventually become part of the patients’ permanent files, in addition to required insurance documentation.

To understand and accurately transcribe dictated reports into a format that is clear and intelligible for the reader, medical transcriptionists must understand medical terminology, anatomy and physiology, diagnostic procedures, pharmacology, and treatment assessments. As a result, medical transcriptionists should have completed postsecondary training in medical transcription, offered by many vocational schools, community colleges, and distance-learning programs. Completion of a 2-year associate degree or 1-year certificate program, including coursework in anatomy, medical terminology, legal issues relating to healthcare documentation, and English grammar and punctuation, is highly recommended, but not always required.

Working conditions are generally comfortable settings, such as hospitals, physicians’ offices, transcription service offices, clinics, laboratories, medical libraries, government medical facilities, or at home. Many medical transcriptionists work from home as employees for hospitals, and transcription services or as self-employed, independent contractors. The average salary for a medical transcriptionist is between $10.87 and $15.63. With experience, medical transcriptionists can advance to supervisory positions, home-based work, editing, consulting, or teaching.

With the increased demand for standardized records, there will be rapid employment growth in offices of physicians or other health practitioners, especially in large group practices. Medical transcription is a career that should fit your lifestyle, and bring you prosperity, and fulfillment.

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Medical Transcription Salary Outlook

2008-02-02T00:59:00.000-08:00

So how much can an MT actually make?

MT salaries can vary greatly, and your actual earnings will depend on a few different factors. For example, an MT who works from home and has her own accounts will usually make more money than an MT who works for an online service or at a traditional job setting.

According to the U.S. Department of Labor the average earnings for MTs in the year 2004 was between $11.50 and $16.32 per hour. MTs in the higher earnings range (10%) earned $19.11 per hour.

Now, keep in mind that’s just a statistic. How much you actually earn can vary greatly and it’s really difficult to come up with a “true” earnings statistic.

If you work from home on your own accounts there may be months where you have extra work and months when you have less. Your earnings could also differ dramatically from another fellow MT who works from home on her own accounts.

A great advantage about having your own MT business is you can truly have control over your earnings. The more accounts you have, the more money you’ll make.

As your business grows you can hire subcontractors and take on even more work. There really is no limitation in how large your business can grow.

You may also choose to have a smaller and easier to handle business. You can always work a little extra to increase your earnings, or simply take on the amount of work that suits your needs.

If you have a home based MT business and you do all the work yourself, you can make anywhere between $20,000 a year to $50,000 a year. A larger transcription service, which hires subcontractors can earn between $50,000 a year to $200,000 and upwards.

Medical transcription jobs outside the home can vary just as much, depending on where you live. Earnings can be from $9.00 per hour to $22.00 per hour.

It’s really difficult to say exactly how much your medical transcription salary will be. But one thing to keep in mind is the earning potential is there and there are many opportunities for you to take.

This is TRULY a business which allows you to have control over how much you earn.