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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.
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.
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.
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.
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.
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 transcription as a career choiceMedical transcription is a great solution for practicing medical professionals who find time allocation a challenge. Some firms even offer working from home, helping doctors earn extra income while continuing on their medical journey.
Most transcriptionists can make between $15 and $25 an hour when they're just starting out and don't have a specialization or expertise. Some fields pay more for transcription services, like legal or medical companies.
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.