I am considering getting trained to work at home doing medical transcription. I had some training doing this years ago but it wasn’t adequate to get employment. I really enjoy using medical terminology, I like to type, and am computer literate. Can anyone tell me what the earnings are like, what is your typical day like? I’d love to get a response from anyone who can give me some good information.
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Another option is to work for a transcription service. I did that for 3 years with Medquist. The work there was generally pretty steady; sometimes an account would be a little slow, but once I was experienced I could request an additional account, which would take care of the slow times.
With that I was allowed to set my own hours, but I had to tell them my schedule in advance and was expected to keep to those hours.
When you work for a service you earn less than if you find your own clients. I was started at $0.065 per 65 character line. Top pay was around $0.085. That can add up to over $20/hour if you’re a fast transcriptionist and you know how to use shortcuts in your typing.
Some are starting to use voice recognition, yes, but it generally still has to be checked for errors and a lot of doctors are reluctant to take the time. Many have theorized that this will be the next kind of work transcriptionists do since that can be done more quickly than actual transcription. That’s a sort of wait and see thing, of course.
But on the plus side medical transcription is still expected by the U.S. Department of Labor to continue growing as a field.
I think that’s a myth.
I think you will find it very rewarding. I have been working thru this site: http://www.elance.com/home?rid=18KAP. It is very easy. You can pick and choose which transcription jobs you are interested in and bid on it. You call all the shots. I love this site! Just my honest opinion.
Unfortunately, the need for medical transcriptionists is declining since most hospitals have converted to using software that trascribes for them – elimitating the need for a typist. It may be hard to find a job, and even harder to be an at-home one. I do the transcribing for a clinic I work at prn at home, but it is only a couple of times a month that a report is needed to be transcribed. It will depend on the metro area you live in and if the hospitals are still using the old method of transcription, but it would be a great job if you are self-motivated and can just sit down and type for eight or ten hours straight. Most transcriptionists charge by the line, so the faster you type, the more you make per hour. You will not get paid immediately, either, so that will be something you will have to consider. Best of luck to you!