This is essential for patient safety and the smooth operation of medical facilities.Īlthough careers are in decline, the skills you learn in becoming a medical transcriptionist are valuable in other jobs. Even with speech recognition software, qualified exerts are needed to review and correct documents. Jobs are still available as the healthcare industry experiences strong growth and workers age and retire. ![]() The fact that this career is shrinking can be a little troubling, but there are still reasons to consider becoming a medical transcriptionist. Is Medical Transcription Still a Viable Career? The top earners make more than $51,000 per year. Medical and diagnostic laboratory transcriptions earn the most, with a median annual salary of $41,660. Salaries, according to the BLS, vary for transcriptionists, but the median across the industry was $33,380 in May 2019. This decline can be explained by the growing use of speech recognition software and the export of jobs overseas. The number of jobs in this field is declining by three percent, according to the U.S. Unfortunately, right now medical transcription career growth is in the negative direction. Outlook and Salaries for Medical Transcription They are able to choose their hours and work times. Some transcriptionists work as freelancers, contracting out their services. Most work full-time, but there is room for flexibility. They may work in a large office outside of the medical setting, in a medical office or lab, or remotely. Medical transcriptionists work for healthcare support services companies, hospitals, urgent care facilities, physician offices, and medical and diagnostic labs. Some also use speech recognition software but still need to read through and edit and change transcriptions as needed. They must know how to use these tools to complete and submit documents and reports in a timely manner. Transcriptionists use special software or equipment to be able to quickly listen and record dictations.
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