A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Found this on an educational site. Made me giggle a little. How accurate is this? My favorite is the first line in the 2nd paragraph and the last line of the 3rd. Ya, right.
Medical transcription jobs are forecasted to increase 11% from 2008 until 2018. This increase in jobs is greater than average for other occupations. As the average age of the population increases, the demand for transcriptionist services will also increase. Older age groups receive proportionately more treatments, procedures requiring documentation, and medical testing. The increasing requirement for electronic medical records to be shared easily among medical providers, 3rd party-payers, regulators, medical information systems, and consumers will increase the need for more transcription services.
Consequently, the medical transcriptionist salary will increase and bring greater amounts of qualified MTs into the industry. An increased number of medical transcriptionists are going to be required to produce medical reports, revise documents for emerging speech recognition technologies, and continually edit medical transcription reports to their final minimum accuracy requirement of 98.5%. - Resource: US Department of Labor Bureau of Labor Statistics -
Medical transcription income is often enhanced by additional benefits like 401K retirement plans, paid vacations, medical/dental insurance, as well as lucrative dividends! The medical transcriptionist salary will remain above average for stay at home jobs well into the future as predicted by top US labor professionals.