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Thinking of Medical Transcription as a Career Option???
Read the FAQs below to learn more about Medical Transcription and its future, earning capabilities, growth opportunities, etc.
asked questions for MT Training:
What is medical transcription?
Medical transcription is the process where a Medical Transcriptionist accurately and swiftly transcribes medical records dictated by physicians.
Do I require any special skills to take up Medical Transcription as a profession?
You don’t require any special skills to start off in this profession. However, you need to undergo Medical Transcription training to learn the basic Anatomy and Physiology of the Human Body, medical terminology, pharmacology (drug names along with doses and dosages), etc. During MT training, certain skills such as the comprehension of American Accent coupled with good listening skills, computer skills, etc, are also improved.
What does a medical transcriptionist do?
Medical Transcriptionists (MTs) are specialists in medical language and healthcare documentation. Physicians and other providers dictate care using transcription software such as eScription. eScription will create a draft document using intelligent speech recognition. The MT reviews the draft document while he/she listens to the spoken word by the physician. The MT makes any appropriate correction. Once the document is completely reviewed and edited, the document is send back to the hospital for further handling.
What working options does a Medical Transcriptionist have?
Medical Transcriptionists (MTs) are employed by primarily by private medical transcription companies. There are plenty of opportunities for a trained and experienced MT. You can choose to work full-time, part-time, or in a flexible work schedule in different medical transcription companies.
There are many MTs who work from home as well either as an Independent Transcription Professional (ITP) for companies nearby or distant or home-based employees, where you get paid similar to any other employee working from an office, with salary, PF, ESI, etc, benefits.
What is the earning potential in Medical Transcription?
The potential to earn in Medical Transcription is limitless. The Base Salary usually starts from Rs. 8,000 per month. However, most of the MT Companies provide a base salary and incentives. While the Base Salary is fixed, the incentives vary according to your output. It is estimated, on an average, an MT with 2 years of experience earns a salary in the range of Rs. 15,000/- to Rs. 25,000/- (including incentives) on an average.
What are the growth options in Medical Transcription?
A good MT with sufficient experience can grow to various levels, i.e., Proofer, Super Proofer, Editor, QA, Team Managers, etc. Roles and responsibilities of a MT designation vary from company to company.
When can I start working from home after my MT training?
You need to work from an office setup for at least 2 years after your MT Training before you can take up work from home. This also varies from company to company.
What is the future of Medical Transcription?
Medical Transcription has come a long way from manually hand-writing the reports by the doctor’s assistant to typing on a typewriter, to using word processors in 1970s to the present day use of computers. Current legislation and pay or policies drive further improvements in documentation in the US healthcare industry. Along with advancement of technology, Medical Transcription has also advanced in leaps and bounds. Of late, Speech Recognition Technology is being used to convert dictated text into draft documents which after editing by MTs turn into medical reports. The future of Medical Transcription, as of today, is in use of Speech Recognition Technology. With the advent of this technology, manual typing has been eliminated. The Recognition percentage in most of the leading speech recognition software products is around 80% to 85%. This eliminates the need to manually type the medical reports and one can start off his/her career in Medical Transcription as a Proofer or Senior Proofer or Editor, etc., which again varies from company to company.
And remember, a qualified and experienced Medical Transcriptionist is always in great demand.