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While ZipRecruiter is seeing annual salaries as high as $110,000 and as low as $16,500, the majority of Work From Home Medical Transcription salaries currently range between $27,500 (25th percentile) to $65,000 (75th percentile) with top earners (90th percentile) making $94,000 annually across the United States.
Medical transcriptionists are often hired as independent contractors (ICs) by companies that hire them. The IC status is indicated in job listings. As a result, you and the hiring company are contracting instead of hiring an employee and employer.
Most medical transcriptionists work for hospitals, physicians' offices, and third-party transcription service companies that provide transcription services to healthcare establishments. Others are self-employed. Medical transcriptionists typically need postsecondary education.
According to the Bureau of Labor Statistics, the national average hourly wage estimate is $17.48 per hour. The lowest ten percent of medical transcriptionists make an estimated $10.50 per hour, while the highest ten percent of medical transcriptionists make an estimated $24.89 per hour.
Is Medical Transcription Still in Demand? Yes, very much so. The healthcare industry is going through a massive upheaval, and this has made the role of a medical transcriptionist more important than ever. Healthcare facilities are increasingly leaning on technology to help with their transcription needs.
Becoming a work-from-home medical transcriptionist can be a good option for people with excellent typing skills and some medical knowledge. Companies hiring for these positions usually require experience, but some also consider candidates who have recently completed a certification program.
Is Medical Transcription Still in Demand? Yes, very much so. The healthcare industry is going through a massive upheaval, and this has made the role of a medical transcriptionist more important than ever. Healthcare facilities are increasingly leaning on technology to help with their transcription needs.
Most medical transcriptionists work for hospitals, physicians' offices, and third-party transcription service companies that provide transcription services to healthcare establishments. Others are self-employed.
Consider following these steps to become a medical transcriber:Obtain a high school diploma or GED.Determine your typing speed.Earn a medical transcription certificate.Learn medical terminology.Obtain RHDS certification.Gain experience.Obtain CHDS certification.Update your resume.More items...?
For professionals with language translation skills, the jobs outlook is especially promising, with a growth projection of 18% through 2026. However, while demand for court reporters and language-based transcription is strong, the job outlook for medical transcriptionists indicates less demand for this specialty.