A community of 30,000 US Transcriptionist serving Medical Transcription Industry

2009 earnings - alisa

Posted: Feb 16, 2010

Anyone care to share 2009 earnings? Curious as to what MTs make nowadays yearly.

2009 earning - I will share

[ In Reply To ..]
2009 was $17,699 and 2008 was $28,400, almost 12K difference and 25K less since 2005. And I have 35 years experienc and now work for a smaller MTSO after I left MQ in 2008 because my pay was going down $800 a month.

This really sucks, eh?

$40 K - I work two jobs

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Just over $40,000 for 2009, working two jobs.

A bit over $30K - LK

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Working about 36 hours a week at one job, acute care, 5 years experience. This is down from my best year, 2007, when I made $40K working 40 hours a week while at Spheris, before they totally went down the tank and I left.

35+K - earnings 2009

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Only part-time work April through July Should be over $45K for full and part time work this year.

Earnings - KP

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Where are you all working that you make so much?? I was working part time and wasn't even averaging minimum wage between no work and voice recognition. I would love to earn 40 a year, any suggestions????

Earnings - itype2

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39K working on site for a multispecialty clinic.

About 49K - sgill

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I had to pay a few people. My Gross was 53. My actual was about 49K. But I lost two of my good accounts in the last two months so it's not going to be as good this year. Last year was my 6th year and highest earning year. At least I had a good run. This EMR/EHR is really wiping us out.

51K - Kat

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Was 51K, went down to 43K, then down to 34K working full-time. Same company.

62K - 2 JOBS - sssss

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This is the least I have made in 8 years - 2006 and 2007 were my best at 113K - 2 jobs - 33+ years

Why $ dropping within same company? - Moolah?

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Just wondering what is different if you are still with the same company.

BTW, I made about $18,000 ... ugh.

$44K, full time at home for a hospital, 25 years experience - AzRain

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nm

2009 pay - alpine

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Come on, folks. Where are the figures we can relate to?? Since it is all anonymous here, why don't we share what our lines rates are ALONG with what we made because this is just downright depressing. LOL MT's with only 5 years' experience are bringing in $40k a year??! That is at what rate?? On the same account the whole time? Well, that can get too complicated.

Okay, here is my reality. In 2009, I made approximately $14k. I have 6 years' experience. This year was in acute care with no normals at a line rate of 0.085 cpl. I had to take a fair amount of time off due to health, but even doing that full-time (1000 lines per day), is only $20k per year.

reality - anon

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Highest ever was $40K with 2 YEARS experience back in 1999. No, that is not a typo. That's called FT with consistent accounts and dictators using many expanders and client normals. Fast forward through 4 mergers within the same company now 10 years later, now PT 20 hours a week with long-time primary/secondary gone to India, 90% VR and NJA. Made $9K in 2009.

$48K, full-time emp, 14 years experience - wk4national

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My pay went down this year by about 7K.

Line rate vs other factors - LK

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I think that line rate is not one of the most important issues here. I posted above that I made $40K in 2007 and $30K in 2009. I was paid the same line rate in both situations. The big difference is strictly in the nature of the accounts. In the year I made $40K I was able to create a lot of my own normals and really hike my line rate by doing that. Can't do that with my current job to the same extent, many more docs to transcribe and more variable reports. Also, I wonder how many of these high earners are doing VR, which for most MTs will pull earnings down. I do straight transcription only. I would not be able to make a decent wage doing VR, so I avoid it like the plague and have never done it.

It is possible to do even better with VR. - Depends on the circumstances

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I don't blame anyone for not wanting to do it, but it's possible to do make even more money with VR if you have the right job and circumstances.

All things are possible - LK

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But the general consensus is that VR as it is today is a losing proposition for most MTs. I prefer to avoid it, as I am a very fast transcriptionist and can make good money on the actual typing. I also enjoy straight transcription, and do not think I would enjoy VR. That makes the choice simple for me.

Didn't make much - Part-timer

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I agree. I don't think people are being honest and I don't understand that. For me in 2009, I was a part-time employee working around 30 hours per week, all VR at 4 cpl (on Escription) and I made just under 14K.

Being honest here - work4national

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Being extremely honest, I made 48,000 in 2009. Like I said it went down roughly $7K in the past year. This year is off to a good start, so hopefully I will get back to usual. I make 10.5 a line and average $950 or more a week.

being honest here 2 - always working

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I work a full-time job and a part-time job. I also make 10.5 cpl for a small MTSO. My private account pays $3 per report, about 75 per week. My pay for 2010 will be in $40-plus depending on how much, if any, time off I take...could be above $45K if I take none. I feel no need to lie and wonder why someone would even think that.

Wow, you are all doing quite well, I barely broke $20K - xm - Not Rich

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just added my 2 MT jobs up, $20593.59 plus another $ 2150 from another very PT job outside the home that I use to pay my taxes. I have the potential this year though to get that to about $26K with MT if I really buckle down and work my butt off. Maybe one day I will crack $30K, that would be quite nice.

$23K before taxes. With 35 years' experience. It sucks. - :(

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..

I made around $23,000. - me

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hoping to make more this year.

I know this is suppose to be discouraging but to me it's not - Typin_away

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I am a student right now at MTEC. For my situation, I haven't seen any numbers on here that I would be displeased with as a wage. Yes some are lower but some are PT. I do understand that the wages today are much lower than the past though.

Even hospital jobs like physical therapy etc are lower than in the past - In this economy

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I just heard about someone who isn't a medical transcriptionist but works in a hospital doing patient care, I can't remember exactly what, and got his wages cut. I don't think it was PT, but I know it was something I thought was in demand. These are tough times.

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