A Medical Transcription Salary is often paid based on production, particularly when working from home. Therefore, you are paid based on the amount that you can produce, and are able to choose your own hours.
However, depending on who you work for, some Medical Transcriptionists can be paid per hour or by a fixed wage.
Therefore, to help you understand how Medical Transcription Salary works, I’ve reviewed ‘Pay Scale‘ to provide you the most up-to-date information.
Table of contents:
Average hourly rate Medical Transcription Salary
Firstly, the medical transcription salary per hour (according to Pay Scale) is:
Medical Transcription Pay
Medical Transcription Career Stages
Furthermore, as you can see, the Medical Transcription salary also increases depending on the stage of their career. For example, someone with more experience is able to earn more per hour for typing. Therefore, below are the typical stages in a Medical Transcriptionists career.
Medical Transcription Salary (Annual)
Annual Medical Transcription Salary
As such, the average medical transcription salary is over $50,000 per year. However, as you become more experienced, your medical transcription salary can be up to $70,000 per year.
Furthermore, as there is no upper limit to the amount of work you can do, you can increase your medical transcription salary by working afterhours and on weekends.
Also, you are able to choose your own hours and work from home.
Pursuing a career in Medical Transcription
As most Medical Transcriptionists work online from home, therefore, many employers require you to have;
- Specific industry training in Medical Transcription.
Therefore, Medical Transcriptionists require training before they are able to commence working from home.
For instance, LearnMT’s Certificate of Medical Transcription teaches you the relevant skills and knowledge needed to work independently from home as a professional Medical Transcriptionist.
When looking for a suitable course, there are a number of things to think about. Therefore, to help you find the right course, I’ve included our ‘Experts Guide to Finding a Medical Transcription Course‘ below:
|Does your course include?||LearnMT|
|Affordable tuition fees with flexible payment options||Yes|
|Extensive Job Placement Assistance||Yes|
|Phone, email and built in live chat support||Yes|
|Comprehensive, all inclusive 6 month study program||Yes|
|Theory and real-world practical transcription training||Yes|
|British ‘Australian’ English spelling (including Australian transcription reports and pharmacology)||Yes|
|Interactive, state-of-the-art training portal||Yes|
|Compatible with Windows, Mac and Chrome OS devices||Yes|
|Get started online at anytime||Yes|
Preparing for a career in Medical Transcription
Finally, choosing whether to study again is an important decision. Hopefully, one that will bring a return on investment and improve your career prospects.
Therefore, to help you pursue a rewarding work-from-home career, LearnMT’s Certificate of Medical Transcription also includes exclusive job placement assistance, so you can begin working from home.
With our network of medical transcription providers, the Job Placement Assistance Team have successfully placed LearnMT graduates into work-from-home positions within days of course completion.
Also, this comprehensive, industry-endorsed training program can be completed in as little as 4 months.
For more information about working from home as a Medical Transcriptionist, please request a course information pack below.