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

NEW PARTICIPANT LOOKING FOR INFORMATION - bkross

Posted: Mar 08, 2010

i am going to start classes soon on coding and billing., a co-worker of mine were talking today and she was telling me about at home transcription., the coding and billing i also want to do at home. She was telling me that this site is really good for findinig out information about beginning transcription and possibly what schools are the best that would not rip you off or lead you astray, also, what companies are the best., how do you know which ones are on the up and up and when you work will pay you.

Also, wanted to know if this is truly a lucrative business to be in., what is the pay rate, how does that work. The equipment; it is expensive, and last are the companies around in the areas that we live in or online in another state.

Thanks to anyone who could give some advice.

Information - Old Newbie

[ In Reply To ..]
I would stick with the billing and coding. You will read on this page a lot about newbies trying to break into this field and it is almost impossible. The companies all want 2-3 years of experience. I wish that I would have looked into the MT career more before I stuck the money I did into school. The schools tell you that the companies will hire you anyway without the experience....NO THEY WILL NOT!!! I have had several careers and this is the first one that I maybe giving up on getting into it. So read on this board before you make that decision. Sorry to rain on your parade but I wish someone would have told me this.

Remember that you are only speaking from your own experience - See message

[ In Reply To ..]
I'm sorry that you had a bad experience and haven't been able to get or keep an MT job, but your experience is just that, your experience. I'm even sure that you have lots of company. There are also plenty of us who could give the other side of the story, a successful one. People on message boards overgeneralize. If one person has a bad time, they assume everyone has had the same experience. We haven't.

It's no different than a friend of mine who got out of law school and couldn't find a job and thought everyone was failing at it. They aren't. We aren't.

Some do well and some don't, just like with anything else. I've been watching some new MTs on the job and they are doing just fine. There are plenty of people who got into MT and failed and also plenty who are succeeding.

But it has gotten much tighter. - LK

[ In Reply To ..]
I have been an MT for 5 years, and when I got out of school in 2005, companies would willingly hire newbies from the top 3 schools. I received a call from my school about a month before my graduation and was told that a large MTSO wanted to hire 5 of their top new crop of graduates, and did I want to go to work for them. I called the MTSO and they hired me on the spot, at a higher per line rate that some experienced MTs are being paid now. No interview, no test, no job hunt. The job was literally handed to me on a silver platter. That does NOT happen now. Things have changed so much in 5 years that it makes my head spin.

It it TOUGH out there, even for experienced MTs trying to change jobs. It could improve in the future, and it could also get much worse. Anyone who enters MT schooling now had better realize that they may or may not be employable when they get out.

It's tough for 'some' experienced MTs out there - We are not all the same

[ In Reply To ..]
It's just too easy to assume that everyone else has the same experience you have, especially when people who are doing well don't post that much because they are working.

LK - True, not all the same.

[ In Reply To ..]
Actually, that has not been my experience at all. I've worked full time continuously since I graduated, make good money, and am with a great company. I've never experienced unemployment as an MT and am quite happy in this field. But I do see what's going on around me, and there are many more MTs now having a tough time getting work. The small company I work for just had its first layoff in many years of being in business due to workload going down due to EMR.

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