The Medical Transcriptionist or MT field is growing substantially recently, and the demand has increased with it. An MT can earn on average about 15$ an hour from home, and in some cases over 20$ an hour if you know where to look. Hospitals and private practices have also found MT services to be quite beneficial. Here are some of the best MT services in the nation whether you are looking to be employed or find a quality employer.
1. BayScribe. BayScribe is an American Transcription network. They believe sending transcription offshore creates vulnerable PHI security situations that are unnecessary. BayScribe currently provides jobs for over 1,400 MTs and hundreds of U.S. Citizens, and serves over 100 hospitals. With a growing company that is constantly expanding, employees have given testimonials of being contacted within an hour of submitting their resume. They offer a great paying U.S. job and a great service to go along with it.
2. Medical Transcription Services, Inc. Also a U.S. based company, Medical Transcription Services, Inc., has two decades of experience in the business and is 100% U.S. employed. They are based in Wisconsin, and have built their reputation on ethics, quality, and services that range from large hospitals to small practitioners. This is a great company to get in to. They offer a full healthcare benefit package to all full-time employees, along with dental, vision and medical insurances. Another plus for employees is 401k plans, and even direct deposit.
3. Global Medical Transcription. This particular company offers a service with no pointing, clicking, or entering data. They have a next day turn around on dictated reports, and offer document management software with no hardware, software installation, or training costs. GMT gives great opportunities to keep your medical skills fresh, earn an income, and still be able to stay home with children if need be. They offer a very flexible work schedule, which allows for you to work according to your lifestyle, and that makes for a perfect (online) working environment.
4. Transcription Solutions LLC.
This company starting in 1999 began as a medical transcription service organization. While working with M*Modal, a medical intelligent speech recognition software, they have created a transcription product that definitely makes a difference to a medical facility. They have implemented the process to be utilized on mobile devices, which makes for easy, faster processing. Automatic distribution benefits clinical staffs as well. Transcription Solutions is not entirely on shore, but usually hires within the U.S. They offer some of the highest paying jobs in MT, but for the most part require a great deal of experience. If you can sell yourself in an interview, you will find yourself in a well paying career.
5. GMR Medical Transcription. This final company is based in Tustin, California. The medical transcription services are backed by extensive knowledge in the field of transcription. On top of that, they feature a technical support team that operates 24×7. Another great aspect of this company for employers and employees alike is that they include a version of Spanish with their transcription services. In doing so, they open up many employment opportunities to for bilingual transcriptionists. They are one of a handful of companies that do this, so if you have the skills necessary you could land a well paying job from the comfort of your own home.
Byline: This article was written by Alyssa Jacobs, who writes for http://www.acnecentre.com/, a company that gives you the latest information on acne products.
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Hi Alyssa,
This is a great article. I just have a couple of questions regarding it: What was your criteria for selecting the top 5? Do you work at any of these companies, or are you acquainted with any of their employees? Of these 5 companies, do you know what kind of salaries they are paying? I am always looking for an opportunity to better myself, and my current employer pays badly. Just looking for some further insight into why you picked these particular 5 companies.
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I have been a medical transcriptionist for 30 years, working at home for the past almost 12 years. Once Speech Rec came in, it has drastically changed the monetary compensation. Just curious how you arrived at the $15 to $20 per hour figure. Thank you.
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Caveat: I don’t know how she has arrived at this chronologic order as I live outside the United States and she is a local from Arlington, Virginia. You may try reaching her through her website mentioned here.
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Sorry for the delay in response to your comments. As far as determining the top 5, I went off a few things. First, reputation for quality. Quality in my opinion from a employee’s standpoint is what must be looked into first. I am not directly acquainted with any employee, besides a relative who worked with BayScribe. I never specifically asked how much he was making as i didn’t want to pry, but he seemed pretty happy with the employment.
Payments, have been drastically altered in previous years, however companies who are more based in the US tend to pay more. Also, if you are a quality employee, selling yourself to companies with experience, and or training definitely help. In my opinion the best option for people is to market yourself to various companies with your various attributes. You will then have a better grasp of who you would like to work for, and remember the highest paying job isn’t always the best fit. If you are working for a paycheck, work isn’t always a fulfilling task. Pick the company who can offer the most to you as an individual, at your current state in life.
I hope that I have addressed your comments accordingly and would be more than happy to answer more!
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I am most interested in answers to questions you have addressed and then some. It seems in the last 5 years at least that medical transcription has taken a turn for the worst which is most disheartening. I went to school for this trade as I was a legal transcriptionist in a Court setting for 8 years, and being in the top of my game doing that, typing for the Judge and Magistrates in this Court setting, my co-workers all encouraged me to take up medical transcription, as I love to type and I really liked the free spirit of typing for the Magistrates, (typing out their hearings via dictaphone) and never had any complaints, only praise because I prided myself in doing quality work in a timely manner. So I decided that if I did so well in legal transcription, then I should do well also in medical transcription. So I went to school for medical transcription and did so well that the school ended up hiring me at the end of my course, and also realized this was a good way to get some experience in actually doing medical transcription, and I thrived at that also. So after working for the school 1 1/2 I decided to look further into the medical transcription field, whereas instead of getting paid on production I could get paid hourly, so I obtained a medical transcription job at a local hospital and started off at $15.00 per hour and soon moved up to transcribing Operative notes, H&Ps, ER notes, radiology, and the list kept growing and growing. There was not much in medical transcription I was unable to do. Then all of a sudden the medical transcription started taking a turn and I do not mean for the best. First, they made all of us start typing for production. And it was not that I was unable to do it but I much preferred to know bi-weekly what I would be making. But I was willing to do so and did quite well with it. Some days I made as much as $25.00 an hour while other days I might make the $15.00 an hour I started out making in the beginning. Then slowly but surely they got new management in our department whose main agenda seemed to be to take whatever perks we had away from us and make nearly impossible to make even the $15.00 an hour that I made at one time entirely impossible to make. At this point I had been moved to lead transcriptionist. Well she took that away also along with being part time QA. Then she began to bring in friends of hers who had very little experience in transcribing. The moral in our department started plummeting and everyone was quite unhappy at this point. Some quit, but we needed out job so most of us opted to stay. Then the big bomb came just days before Christmas 2010. We were told we would no longer be employees of this hospital and they had opted to outsource to one of the worst services known in transcription history. We were told that we would be offered jobs there, but if we did not wish to take them, then we would not get any unemployment because they were still offering us jobs. We all knew in our hearts we were being set up, but if we did not have jobs and would not even be given our unemployment, most of us decided to give it a try. And just as our intuition had told us they pulled a terrible trick on us. They told us that we had a probation period of 90 days to prove we were good transcriptionists. Needless to say at the end of everyone’s 90 days they started letting ALL of us go. This was a big joke, because they promised us there was plenty of work and we would have the same schedule we had at the hospital. My schedule was 7:00 a.m. to 3:30 p.m. and there was never any work until around 1:00 p.m. and they made sure weekly they E-mailed us to let us know our line count was not sufficient. I would ask “how can we have a sufficient line count when there was hardly ever any work to do”. Even the night shift girls were not getting work. And they have yet to answer that question. They just 1 by 1 got rid of us and this just really broke a lot of the girls spirits. How could it not? Then we found out that they outsourced most of their work to India and just left us with the crumbs. So I just really want to know what happened to the “America” that took care of their own. The medical transcription field outsources mostly now to India, Pakistan, and China because they will do the work for a few pennies less than we do. How sad is that? So any girls in the U.S. thinking of taking up medical transcription, please think long and hard before you make this mistake. I surely wish I had not left my legal transcription job, but I have seen my old boss lately, and she told me she would have me back in a New York minute. So hopefully if there comes a vacancy in her department I will be back with the Court, because they do not use speech recognition and are still for America taking care of America. Love to everyone, and don’t let the evil that is contaminating our Country get to you. Look out for your fellow human being.
If anyone has experienced anything similar, please share your story.
Sylvia
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Hi,
Myself Manju, working for MModal Global Services Private Limited, Hyderabad. I have around 12 years experience in this field, I am very much eager to go abroad and work in the same field. Anyone can give suggestions in this regard.
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Raj replied:
May 13th, 2013 at 11:00 pm
Hi Manju,
As you might be knowing, medical transcription is predominant only in the US. In the last two decades, because of outsourcing to India/Philippines and with the advent of voice recognition software and the EMR, the average pay there for an MT has dwindled to the abyss. With the beggarly income in the US for medical transcriptionists compared to the cost of living, it is hard to sustain for a person with a single income. Furthermore, nobody is interested in employing a foreigner in this trade. Hence aspiring to go to the US just for working as a medical transcriptionist is a bad desire. A better choice would be to go to the US as a nurse, as nurses are in demand!
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Your reply to Manju’s query shows absolute clarity of your thought. It’s true, if you type at the rate of 1000 lines per day at 7 cpl, you can make $1400. Converting that to Indian money is a decent value in India, but may not be so in the US; perhaps you could maintain life if you are also able to do other jobs or if some other member of the same family earns. You should consider the factors like climate, food etc there. Florida and South Cali are somewhat alike Indian tropical climates, but if you move to the North you know, its snowy and subzero sometimes. No one should think moving to US is an abode to heaven, but wherever you go, you must have enough money and earnings. Otherwise, the “heavenly” image of US would be only in dreams and prove nasty for us.
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Raj replied:
May 14th, 2012 at 2:59 am
It is sad that you took the wrong choice. It is a sunset industry. Downward pay revisions, no sick or vacation benefits, and all your sweat sucked out by administrative staff sitting above you and shareholders of the company you work with. With inflation eating into your pay, if you choose to stick to it, it’s equivalent to slow poisoning or taking the bullet train to the sub-poverty level. Ever since medical transcription started getting outsourced to destinations out of the US, it is moving on a crashing trajectory. Don’t know when it will balance itself!
It is the leadership at US that has to decide whether it is money or US citizens’ lives that have to be staked for the 1 and 2 cents for which transcription is getting done in the land of Bin Laden (Pakistan), Philippines, India, or China! Even the slaves in these countries are stumped with the same situation!
Only little can be done by a single person or a group of a few MTs like taking your company to court for minimum wages and over time as they did with Transcend Services, Inc.,but there should be a mass movement against outsourcing health records out of US; however, who will bell the cat? Until then, a poor MT has no choice left but to switch career and to insist that at least your reports get transcribed in the US!
Further suggested reading:
1.) Medical Transcriptionists Say Enough is Enough.
2.) Julianne Weight’s view on the above.
Read and join the discussion at the aforementioned resources.
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