Showing posts with label MT. Show all posts
Showing posts with label MT. Show all posts

Wednesday, October 18, 2017

Medical Transcription - Career, Home Business or Both?

By Scott Knutson

One of the great things about a career in medical transcription is that almost anyone can set up an office to handle the duties of a medical transcriptionist or a medical transcription service. Even the office requirements are fairly generic, meaning this has the potential for a home-based business.

A computer and Internet connection are probably your biggest needs for medical transcription, though technology has truly come a long way in this field. More than ever, there are products that can help you along this path, making your work easier and aiding in your speed and accuracy.

If you know little about medical transcriptions, you may have the idea that a doctor or other health care professional records information on a tape recorder and the medical transcriptionist simply writes whatever is recorded. Digital recordings have greatly aided the medical transcription industry. No longer is there a need to deal with scratchy tapes and poor sound quality.

The industry is also making it easy to make dictation easy for your clients. You don't even have to have the physical recording device used by the health care professionals in your hand. There are several options for telephone recording. You can set up a recorder especially designed for medical transcription on your own telephone line and have your clients call in their dictations. These systems are secure and easy to use for both you and the client. And once you have the dictations onto your personal recording machine, you can choose what to do with the information. You can route it to another destination (your computer dictation software, for example) or transcribe directly from the recorder.

Many of the recorders come with easy controls so that you can start, stop, pause, fast forward or replay segments of the recording using your feet or voice. This leaves your hands free to do their typing.

There are also several types of software available that will help you do your job more efficiently. It won't take long to figure out that Microsoft and other typing programs aren't ideal for medical transcription. The terms and proper names - including drug names - are not likely to be recognized. Mistakes are also likely to fall through the failings of those systems. Using the programs especially designed for the medical transcription industry will allow you to more accurately evaluate your work.

With the technology and training available, you can see that it's a fairly simple matter to become involved in this industry. Many people even do so from the comfort of their own homes. However, this isn't the home business for the busy parent who wants to work a few hours during their toddler's daily naptime. Most deadlines associated with medical transcription are fairly tight and there's no room for error.

There's no doubt that medical transcription isn't for everyone, but it is an important part of the health care industry and one that provides a good living for those who choose to pursue this particular aspect.
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I recommend The Step-by-Step Guide To Medical Transcription At home.http://www.startasecretarialbusiness.com/medical-transcription.html

Monday, August 28, 2017

How to Choose the Right Medical Transcription Training Program

by Pam Lyon

When it comes to choosing the best Medical Transcription training program for oneself, it can be a very confusing a frustrating experience.

How do you know what a quality program and school looks like? There are so many advertisements out there and they all look great and promise great things. One of the things we really don't want to do is to pick a school that, when we go looking for that first job, turns out not to be one that the transcription employers look favorably on!

So how to choose?

Here are some guidelines you can use to help ensure you are picking the right training program for yourself. These guidelines are recommended by the Association for Healthcare Documentation Integrity (AHDI):

1. The program should be taught by qualified instructors who are credentialed experts in their respective fields.

2. The program should employ certified medical transcriptionists to teach medical transcription practice courses.

The experienced pros will be able to give you all kinds of assistance and show you tips and tricks that someone who has merely studied cannot.

3. The program should indicate the number of classroom hours students actually perform medical transcription.

4. The program should indicate the number of minutes of actual physician dictation used for practice (The Model Curriculum recommends 30 dictated hours of actual physician dictation.)
It is all right to start out with dictation not done by physicians for getting a feel for it, but you MUST have actual physician-dictated material to work with, or you will be lost when you get in the real world!

5. Will the school provide names and addresses of former students as references?
Contact them. Find out what they liked, and didn't like.

6. Does the school have an advisory board? Does it include certified medical transcriptionists?

7. The program should indicate length of externship or on-the-job experience available (The Model Curriculum recommends 10 dictated hours of authentic physician dictation, for a total of 40 dictated hours during the training program.)

8. It should include relevant publications among its educational materials.

9. The school should use the AAMT Book of Style for Medical Transcription, 2nd edition in its training curriculum.

10. The program should be based on The Model Curriculum for Medical Transcription*, 3rd edition, published by AHDI, which recommends courses in the following:

* English grammar and punctuation * Medical language * Anatomy and physiology * Disease processes * Pharmacology and laboratory medicine * Transcription technology * Medical transcription practice * Healthcare records

11. Privacy, ethics, and other medicolegal issues

12. Lastly, the school should offer job placement assistance.

This can be invaluable! What a relief to know that the school, with all its business contacts, is in your corner helping you find that all-important first job!

Pam Lyon is the author of "Inside Medical Transcription" - the real truth about the life of a medical transcriptionist. Pam is a 30-year veteran of the Transcription business, and has seen it all. If you are thinking about a career in Medical Transcription, you need this book! Visit => insidemedicaltranscription.com

I recommend The Step-by-Step Guide To Medical Transcription At home. http://www.startasecretarialbusiness.com/medical-transcription.html

Friday, August 25, 2017

Medical Transcription Internet Home Based Business

Medical Transcription Can be a Great Internet Home Based Business

by Alan Lim

What it entails

An Internet home based business in medical transcription can reap rich dividends provided you’re willing to put in extra hours to learn the business well. Most companies who hire medical transcription professionals for an Internet home based business look for those who already have some form of experience working either in a hospital or clinic. By starting an Internet home based business in medical transcription you need to be prepared to be thorough with all aspects of using the keyboard. You also need to be very capable with English grammar and language usage to make this Internet home based business a success for yourself. The training in this field takes time and one must be prepared to devote a minimum of 4-6 weeks to learn the trade. You also need to have an ability to remember whatever you might have learned during training.

How it works

Medical transcription is all about transcribing dictation between health care providers and the patient. Most of this dialogue gets recorded either in audio tapes or digital based voice processing mechanisms. To make this Internet home based business a success you need to have extensive and thorough practice in being able to transcribe this information using standard word processing systems.

How to look for an appropriate training program

A prerequisite to starting a medical transcription Internet home based business is to undergo training and in-house experience in a clinic. To start training you need to hunt for a program that provides not just excellent grammar skills in English but also one which provides a good background in human anatomy, physiology, pharmacology etc. Besides this to embark on a successful Internet home based business in medical transcription you also need to have loads of practice in transcribing dictation tapes from doctors. It helps to get tapes from genuine doctors, to get an idea of the real thing. You can also get opinions from friends and colleagues who have taken training from this institute. See if they were satisfied with the education, training material and support provided. This way you can ensure your Internet home based business is a sure success.

Why it’s so great

People who aren’t able to work from a regular office either due to personal issues or factors like disability etc., can use medical transcription as a successful Internet home based business. Sticking to deadlines is a very crucial requirement for this business to remain a success. Just like any Internet home based business in this one too a person needs to be disciplined and organized to succeed.

Medical transcription took the world by storm. The great thing about it is that it still creates opportunities for income generation. This is where you can gain. Take advantage of this storm before it passes. Visit Internet Home based Business today to find other ways to make money online.

http://www.articlesbase.com/home-business-articles/medical-transcription-can-be-a-great-internet-home-based-business-219284.html

I recommend The Step-by-Step Guide To Medical Transcription At home.
http://www.startasecretarialbusiness.com/medical-transcription.html

Thursday, August 24, 2017

Job Opportunities for Medical Transcriptionists

The Bureau of Labor Statistics projects employment of MTs to grow faster than average.

As the nation’s baby-boomers reach older adulthood, they will invariably seek more healthcare services, more diagnostic testing, and more procedures. This will result in a strain on the existing MT workforce.

“The medical transcription industry is currently facing a serious labor and skills shortage.” noted Keith Flannery, vice president, Medical Transcription Industry Association. He further stated "As such, job opportunities are expected to be good, especially for those who are certified."

Saturday, August 19, 2017

Medical Transcriptionist's Salary - How Much Does an MT Really Earn?

Confused over transcription salaries. Need to know the truth, right! Well then, here is the truth.
One will be amazed at the complexities and range of what a transcriptionist usually earns, be it a medical transcriptionist, court transcriptionist, data transcriptionist or legal transcriptionist. Their salaries fluctuate widely and it is sometimes difficult to estimate their salaries and earnings. However, a general estimate can be drawn regarding the starting wages and earnings and the maximum to which they can earn.

As per US, Department of Labour statistics, medical transcriptionists median hourly earnings were $14.40 in May 2006. The average medical transcription earnings ranged from $12.17 to $17.06. The lowest earnings were around $10.22 per hour, and the highest earnings were even more than $20.15 per hour.

Some of the median hourly earnings as per different industries employing medical transcriptionists were; diagnostic laboratories $15.68, hospitals $14.62, MT business companies $14.34, outpatient centers $14.31, physician offices $14.00 per hour. Therefore, average wage for a medical transcriptionist should be around $13 an hour on the low side to around $20 on the higher side.

A new, inexperienced transcriptionist should ideally start around $9 an hour and as the experience and production quantity grows, earnings go anywhere from $14 to $20 an hour. Compensation methods for medical transcriptionists usually vary a lot. Some are paid based on the number of hours while some are paid on the number of lines they transcribe, usually 65 characters with spaces constitutes 1 line. Transcription companies usually pay around 8-10 cents per line for transcription and 3-4 cents per line for editing.

Companies are now switching over to speech recognition services for transcribing voice files. However, they still need to get such voice recognized-transcribed files edited. For such work, the current trend of payment is 3-5 cents per line. However, one may calculate, the median hourly earnings come to around $13 to $20 and as said earlier, it depends also on the speed and contractual payment per line.

Transcriptionists usually earn a production-based pay with independent contractors earning the highest. Under standard working conditions of 40 hours per week, an average transcriptionist should estimate his earnings from 40 (hours) x 52.17 (number of weeks in a year) x $13 = $27,128 annually (lower range) to 40 x 52.17 x 20 = $41,736 annually (higher range).
Does this amount look a lot smaller then what you had expected? Well, it is smaller but this is an approximation. There are transcriptionists who definitely earn more than this but it all depends on how many hours one works, production speed and the payment per line. With few years of experience, many of them easily scale up to $50,000 annually. Coupled with this for those who work from home, comes the comfort of working from home, being able to take care of your children and other stuffs, and spending more quality time with your family. When you add up all, this career does provide a higher earning potential along with a satisfactory, stress-free, enjoyable life.

Some of us would still not be happy at these figures and for those some of them, entering in to transcription business is an ideal choice. Transcription business can certainly load you heftily with money to the tune where it will defy your imagination. So, I won't speculate on that.
Now let's take a look at the salaries earned out of US, especially in India where now most of the outsourcing is going to. A new, relatively inexperienced transcriptionist in India usually starts around 7000/- Rupees a month. With a year of experience, they usually reach 10,000 to 12,000 rupees a month. However, the higher earners are usually the proof-readers and the editors. Proof-readers make a decent amount ranging from 15,000 to 20,000 rupees a month with the editor making most of it from anywhere between 20,000 to 35,000 rupees a month.

So, all in all, medical transcription does pay good though not big but it certainly provides a good lifestyle for those contemplating to work from home.

Read more about transcription issues at http://www.online-medical-transcription-course.com/ For those who are still thinking to be a transcriptionist, you will be amazed to find out about free online transcription course at http://www.online-medical-transcription-course.com/

NOTE FROM PUBLISHER: I recommend Michele's book, The Step-by-Step Guide To Medical Transcription At home http://www.startasecretarialbusiness.com/medical-transcription.html