A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Just need to vent.
I have been a medical transcriptionist since the late 1980s and I have seen the trend to cut our pay consistently over the years.
It look over 20 years for me to gain the experience I have, in most specialities I might add. It is very disconcerting to have a company offer 7 to 8 cpl with my experience. Now, with voice recognition (which it seems most of the larger companies out there have), our pays are cut even more so. I might add, at least for me, takes the same amount of time to edit than it does just to transcribe a report.
I keep testing for new companies, only to find that after taking their online assessment tests (which I could do in my sleep now I think), that the "offer" comes back in that 7 to 8 cpl area. It is very depressing. What happened to rewarding experienced MTs? I make 9 cpl now, but the work "dries" up weekly.
Ladies, I have enrolled to go back to school for computers. I am sorry if I sound negative, but this profession, with the inception of VR and overseas outsourcing is going to pot.