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What is Amazing About A Medical Transcriptionist Salary?

Medical Transcriptionist Salary
Written by Godwin Ekpo

Doctors and other medical personnel record their conversations, then medical transcriptionists listen to such recordings and turn them into written reports. In this article, we will dive into what a medical transcriptionist salary looks like and how to start your journey there.

Read: How to Be A Certified Nurse Assistant

A Medical Transcriptionist is what exactly?

Doctors’ reports are voice-recorded, and a medical transcriptionist turns them into official reports. Additionally, they have the ability to alter medical records, translate medical jargon and acronyms, and analyze discharge summaries.

Transcripted doctor’s notes are currently required by insurance companies. Given the rising demand for healthcare services and the aging of the baby boomer population, medical transcriptionists are in high demand.

Duties

Medical transcription is the method through which a doctor clearly informs other healthcare professionals about the condition of a patient’s health and their course of treatment, guaranteeing continuity of care.

A voice-recording device is used by a health professional to capture the details of the patient interaction after they have treated a patient. Speech recognition software is employed by some doctors. They “teach” the software to understand their speech pattern, and it subsequently “learns” their spoken words and phrases over time.

The medical transcriptionist will then translate this private patient data using certain formats based on the doctor’s area of expertise. For playback and transcription, a medical transcriptionist uses a medical transcriber, which is essentially an electronic instrument. Either a formal physical document or an electronic format is created from the dictation.

The reports can either be printed and maintained in the patient’s file or kept in their electronic format. The medical history, often known as the patient’s medical chart, is created by combining all of the transcriptions. However, there are still some private practice family doctors who choose to maintain their patients’ notes in handwritten form rather than using a medical transcriptionist.

Hospitals frequently prefer to save their medical information electronically due to the overwhelming volume of patients and paperwork. This provides quick access to the patient’s care for other departments or providers and displays facts like past or present prescriptions and any allergy alerts.

The process of establishing patient history helps healthcare operations, and medical transcriptionists are essential to it. It’s significant to note that a written report is now needed to support a medical bill or a request for Workers’ Compensation insurance coverage.

They typically carry out the responsibilities listed below while performing their jobs:

  • Transcribe healthcare professionals’ recorded voiceovers into various documents, such as referral letters, test results, and surgical reports.
  • Edit and review speech recognition software’s drafts to make sure they are complete, accurate, and consistent in their style.
  • Convert medical terminology and abbreviations into clear, long sentences
  • Examine any information for inaccuracies, omissions, typos, and consistency issues that could otherwise prevent providing effective patient care.
  • Follow up with healthcare professionals on a regular basis to ensure that reports are accurate and effective.
  • Reports should be submitted to EHR (Electronic Health Records) systems.
  • perform simple office tasks including filing, scheduling appointments, and phone answering.

Working as a Medical Transcriptionist?

A medical transcriptionist could be employed directly by hospitals, doctor’s offices, and clinics. They may also be employed by businesses that offer transcription services.

Many medical transcriptionists work from home for a company, a doctor’s office, or as independent contractor who telecommutes.

What Does A Medical Transcriptionist Salary look like?

In the US, a medical transcriptionist can expect to make about $30,100 a year on average. The typical annual income for medical transcriptionists is $30,100. Typically, salaries range from $22,810 to $48,190.

The American job market for Medical Transcriptionists

In the United States, there are approximately 57,400 medical transcriptionists. Between 2016 and 2026, the job market for medical transcriptionists is anticipated to contract by -3.3%.

How readily can employers find Medical Transcriptionists?

Medical transcriptionists have a D employability grade according to CareerExplorer, which indicates that job chances will be few for the foreseeable future. The US is predicted to require 3,100 medical transcriptionists over the next ten years. Based on the retirement of 5,000 current medical transcriptionists, that figure was calculated.

Start your career in Medical Transcription

The majority of medical transcriptionists must possess a high school diploma. It is crucial to have a solid grasp of syntax, grammar, medical terminology, and the fundamentals of word processing. Anatomy, risk management, legal concerns pertaining to healthcare documentation, grammar, and punctuation are among the ever-more-important skills covered in postsecondary institutions and vocational training. Employers prize graduates because they require less training after hiring them.

Although certification is not a prerequisite for work, it sometimes leads to higher income when entering the sector. A lot of people enroll in these programs and then go on to earn an associate’s degree, which takes two years to finish. Some organizations prefer to hire people who have a degree or have finished training programs at a postsecondary school because industry technology and speech recognition software is becoming more and more advanced.

How do Medical Transcribers behave?

Our user base indicates that medical transcriptionists are typically persons who enjoy doing research. This is understandable considering that MTs’ work frequently includes contacting with physicians to spot discrepancies and inconsistencies in voice recordings, checking medical resources to guarantee proper terminology usage, and doing quality checks on the reports.

About the author

Godwin Ekpo

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