I am Bryant. I am from the US, 52-year-old man that is working in Afghanistan. My entire career up to this point has been defense related electronics.
I’m sure you know that defense and travel go hand-in-hand. I have about 45 countries under my belt for travel. I am interested in retiring to Thailand.
I still want to work after I leave here, but in a semi-retired status. I don’t want to travel so much anymore, because that usually means being somewhere I don’t want to be.
So I have stumbled upon your current career of MT. My questions to you are:
- Would companies be reluctant to hire me at my age? I want to work from Thailand, but I would need a year or two at a company to get some experience.
- What schools do you recommend that are online, and would a degree in this field open more doors, or is a certification enough?
- Is the demand out there that would justify my time and expense for what I want to do?
Any info is much appreciated and I have bookmarked your blog.
Had this question been put forward even some four-five years back, I would have nodded yes for a medical transcription career after retirement and would have guided him accordingly. However, at this point in time, it is a definitive NO and replied him as below.
I am happy that I could help you. You have knocked the right door as well.
However, here is the bitter truth: MT is a sunset industry with EMRs taking away the jobs of MTs, both offshore as well as onshore MTs. I discussed this a couple of years ago about how EMR is going to affect the medical transcription industry. The situation is no different now that either medical transcription industry has an uncertain future or demise in the recent future!
The pay rates too have come down heavily from 22 cents a line when I started this career to now about 2 to 3 cents a line.
Hence, being a US citizen, I would suggest you to take up something like virtual assistance, charging anything from $20 to $50 an hour depending on your skills. I do not have full information regarding that, however. You may search Google for more information on this and could then make a decision.
Also I would like to let you know that medical coding with an average annual salary of $46,800 is definitely a better option than medical transcription! You may find how to get on to that trade by Googling yourself.
So, what alternative career options do we medical transcriptionists have? I remember sometime back we had another MT, Kathy Nicholls touching on this subject but couldn’t end on a definitive note.
Hence for Bryant’s further query “Do you think there would be any resistance to someone doing coding as an independent contractor working at another country?” I couldn’t actually guide him, and conveyed my inability to describe the nature of work in medical billing and coding due to lack of knowledge on the subject, and even my desire for an alternative career, and that I too am on the brink of a career change!
So, together we came to a conclusion to put these questions to the readers of this blog, who are into medical transcription:
Here are the questions for you:
Substantiate your answers from where to begin with sitting at home to pursuing training online to finding a remunerative job online. Your answer is definitely going to be a turning point in the year 2012 for many MTs and for our friend Bryant. Wish You All A Happy New Year
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