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There is no standard salary for a career medical transcriptionist. The salary usually depends on the quality and the quantity of work done by the medical transcriptionist.
The salary pattern for a transcriptionist differs based on if he is working from home or working outside the home. The advantage of being a business owner is that the amount of money earned can be controlled. The more work you do the more money. But competitors and lack of work can affect the income.
If you are doing transcription at an office or a hospital the amount you make will depend on the skillset you possess. The speed of transcribing, the quality of the transcription are critical factors in speculating the salary of a transcriptionist. In some places the transcriptionist might be paid just by line count or amount of time spent doing the transcription.
Most skilled medical transcriptionist make between 25 and 30 dollars an hour.Salaries for the medical transcription field range from $30,000 to $65,000. The salary median wizard at Salary.com shows that the median expected salary for a typical Medical Records Transcriptionist in the United States is $34,993. This basic market pricing report was prepared using our Certified Compensation Professionals' analysis of survey data collected from thousands of HR departments at employers of all sizes, industries and geographies.
It is difficult to decide what a medical transcription would make, but the market is still very huge inspite of voice recorders and outsourcing. There is still a lot of money in this field.
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