- Medical Transcription
- About the Program
- How Online Courses Work
- How to Enroll
- Program Cost
- FAQs
- Financial Aid & Scholarships
- Printable Brochure
- Printable Packet
- Job Outlooks & Earnings
- Contact Info
- Office Technology
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Job Outlooks & Earnings
- Employment of medical transcriptionists is projected to grow faster than average for all occupations through 2014.
- Employers prefer medical transcriptionists who have completed a postsecondary training program at a vocational school or community college.
- Demand for medical transcription services will be spurred by a growing and aging population. Older age groups receive proportionately greater numbers of medical tests, treatments, and procedures that require documentation.
- A high level of demand for transcription services also will be sustained by the continued need for electronic documentation that can easily be shared among providers, third-party payers, regulators, consumers, and health information systems.
- Growing numbers of medical transcriptionists will be needed to amend patients’ records, edit documents from speech recognition systems, and identify discrepancies in medical reports.
- Contracting out transcription work overseas and advancements in speech recognition technology are not expected to significantly reduce the need for well-trained medical transcriptionists.
- An increasing demand for standardized records should result in rapid employment growth in physicians’ offices, especially in large group practices.
- Medical transcriptionists had median hourly earnings of $13.64 in May 2004. The middle 50 percent earned between $11.50 and $16.32. The lowest 10 percent earned less than $9.67, and the highest 10 percent earned more than $19.11.
*Source: U.S. Department of Labor)
