Future Outlook For Medical Transcription

According to the U.S. Department of Labor, the future outlook for medical transcription looks good. This is a lucrative, in demand-career with great growth opportunities.

If you?re considering a medical transcription course or are already taking one, this is good news. It means you will have plenty of employment as well as financial opportunities.

Although, medical transcription is predicted to grow and remain stable, there are a few common concerns among the MT community.

These are the most common.

Will voice recognition replace transcriptionists?

There has been talk for a long time about voice recognition and new software which will replace the jobs of MTs. This will not affect you any time soon. There are a number of growing issues and concerns with this software. It is not being used in a large setting and has not yet replaced the need for medical transcription on the whole.

Medical terminology is complex and the regulations for patient records are stricter than ever. At present, the most accurate way to transcribe these records is by trained MTs.

According to the Medical Records Institute, which actually promotes the use of computerized medical records, current research shows use of speech recognition in the medical fields is less than 1%.

What about offshore transcription companies?

Some companies are using offshore transcription companies to save money. However, while outsourcing medical transcription to offshore companies can save money, many companies are not following this route.

There are various concerns and issues with outsourcing to offshore companies. Offshore MT companies are not required to comply with HIPPA regulations. This means they don?t follow the HIPPA security and privacy guidelines to safeguard medical records.

In some cases it can be done, but mandatory agreements required by HIPPA guidelines must be signed. And precautions must be taken so that data isn?t sent overseas. The overseas vendors must log on to U.S. database to do their work, which means extra systems and measures must be put in place. This can be expensive and time consuming.

Although, some companies may find the need for saving money is worth these risks, most won?t.

I agree with the U.S. Department of Labor Statistics and believe the future of medical transcription looks good and there are many opportunities out there for the taking.

However, although the future of MT looks promising, times HAVE changed. MTs of today should start adapting to the ever changing business technology around them.

The technology is there and available for us to take our businesses to the next level. With a few clicks of a mouse we can build our own MT website, set up an online diary or download files for transcribing.

Be smart in your business, keep up with the times, adapt to technology and your future outlook will look better than ever. Mila Sidman is an experienced MT and owner of http://www.AskTheMT.com - an informative website dedicated to answering all your medical transcription questions.

Is Medical Transcription Certification Necessary?

Becoming a certified medical transcriptionist is really a personal choice. At present, there is no requirement for MTs to become certified at this time.

To become certified you will need to pass an exam given by the AAMT (American Association of Medical Transcriptionists). This is a two part exam, written and practical and takes about 5 to 6 hours to complete. It is a very in depth exam and most MTs take a prep course before taking the exam.

The exam consists of two parts. The first part is a written exam which consists of 120 multiple choice questions about anatomy, physiology, medical terminology, English and grammar, etc.

The second part of the exam is a practical test where you transcribe several different reports.

Once certified it means you can use the letters ?CMT? (certified medical transcriptionist) behind your name. You must recertify every 3 years.

Certification is highly regarded in some circles of the MT field and some MTs believe it opens doors for better opportunities.

Personally, I feel medical transcription certification is a personal choice. Although, certification gives you the opportunity to prove your skills as an MT, not being certified does not take away from them.

I have never run across a physician or account manager who has asked me whether I am certified or not. They are merely interested that I can efficiently complete the work, follow all the privacy regulations and charge them a reasonable rate.

I don?t know of any MTs who have lacked opportunities due to not being certified either. Again, the choice is a personal one and for some it is a great sense of personal achievement.

If you do decide to become certified, it will be a great personal achievement. It will take a time and financial commitment. At present, the AAMT fee for the CMT exam for US and Canada is $195 US dollars for AAMT members and $275 for non AAMT members. You must also have 2 years experience working as an MT. Mila Sidman is an experienced MT and owner of http://www.AskTheMT.com - an informative website dedicated to answering all your medical transcription questions.

Medical Transcription Schools ? Avoiding Online Scams

Medical transcription is a lucrative profession which allows you the flexibility to work from home. Unfortunately, it?s this appeal that has opened the doors for less than honest online medical transcription schools.

If you don?t know a lot about MT, then I will assure you it is a real profession and a real possibility. It is not a get rich quick scheme or overnight money maker.

If you?re shopping around for an online medical transcription course, here are a few things to keep in mind.

How to choose the right course and avoid scams

Make sure the company offering the course is reputable and has been around for a long time. You can do this by checking with the Better Business Bureau. Here are a few other things to look for.

Send the school an email asking a question about their course. If they respond promptly in a professional matter that?s a good sign. If they seem overly pushy be a bit weary.

Look at their website. Is it professional? Do they give you statistics about their success rates, student testimonials, Q and A section?

Do they have an online student log in area or online support if you have questions?

Are their company details listed on their website? Such as how long they?ve been in business, contact details (mailing address and phone number).

Do they make exaggerated promises about their course? If they are promising you will make a lot of money in a short time, then be careful. No one can really predict how much you will make or how long it will take you. They should give general statistics and figures in an unbiased way.

Do they provide financial aid or payment assistance?

Do they have a list of graduates or companies which have hired their graduates?

Do they give you updates of students who have graduated from their school?

Do they have a student message board, a newsletter or information which will make you feel part of a community?

Studying from home can be lonely at times, a reputable course will offer you assistance from the very beginning until you find a job.Mila Sidman is an experienced MT and owner of http://www.AskTheMT.com - an informative website dedicated to answering all your medical transcription questions.

Choosing Medical Transcription as a Career

Medical transcription is one of those careers where you either hate it or love it. I have been a medical transcriptionist for a long time and still love what I do. I enjoy the continuous learning, take pride in my work and think it's absolutely fantastic.

But, what will it be like for you?

If you're thinking about a career in medical transcription here are a few things to consider:

Do you enjoy working on your own?

Whether you work outside the home or from home, this is one career where you will have to be self disciplined. You are left to produce your own work and will not have someone looking over your shoulder.

Do you have a good grasp of the English language?

You will need to have a good understanding of English and grammar. Grammar you could learn through a class, but if you have trouble understanding spoken English then perhaps you could take a class to improve your language skills before starting your MT course.

Will I be able to sit in front of a computer for extended periods of time?

Medical transcription is all about typing. You will sit in front of a computer for hours at a time transcribing documents.

Do I need a social career?

Medical transcription isn't the most social career out there. You will network and meet other MTs but while you're working you will be on your own concentrating on your work, and you can't have a conversation while transcribing.

So whether you work from home or in an office, you really won't spend a lot of time involved with others while working.

Am I good researcher or willing to learn?

As an MT, you will really develop your researching skills and will become very resourceful! You will need to look up medications and terms you don't understand or can't clearly make out. This will take some thinking and resourcefulness on your part.

Will I be able to apply common sense?

You will find yourself in many situations as an MT where you really need to think outside the box. You will find yourself applying common sense on a daily basis. There is no precise 100% formula in medical transcription. Good common sense will really help you.

Mila Sidman is an experienced MT and owner of www.AskTheMT.com - an informative website dedicated to answering all your medical transcription questions.

Medical Transcription Schools - Avoiding Online Scams

Medical transcription is a lucrative profession which allows you the flexibility to work from home. Unfortunately, it's this appeal that has opened the doors for less than honest online medical transcription schools.

If you don't know a lot about MT, then I will assure you it is a real profession and a real possibility. It is not a get rich quick scheme or overnight money maker.

If you're shopping around for an online medical transcription course, here are a few things to keep in mind.

How to choose the right course and avoid scams

Make sure the company offering the course is reputable and has been around for a long time. You can do this by checking with the Better Business Bureau. Here are a few other things to look for.

Send the school an email asking a question about their course. If they respond promptly in a professional matter that's a good sign. If they seem overly pushy be a bit weary.

Look at their website. Is it professional? Do they give you statistics about their success rates, student testimonials, Q and A section?

Do they have an online student log in area or online support if you have questions?

Are their company details listed on their website? Such as how long they've been in business, contact details (mailing address and phone number).

Do they make exaggerated promises about their course? If they are promising you will make a lot of money in a short time, then be careful. No one can really predict how much you will make or how long it will take you. They should give general statistics and figures in an unbiased way.

Do they provide financial aid or payment assistance?

Do they have a list of graduates or companies which have hired their graduates?

Do they give you updates of students who have graduated from their school?

Do they have a student message board, a newsletter or information which will make you feel part of a community?

Studying from home can be lonely at times, a reputable course will offer you assistance from the very beginning until you find a job.

Mila Sidman is an experienced MT and owner of www.AskTheMT.com - an informative website dedicated to answering all your medical transcription questions.

Voice Recognition And Medical Transcription

You've probably heard different opinions and views on this subject. If you're a medical transcriptionist you may even be concerned about voice recognition taking over your career... and you're not alone.

Let's dig a bit deeper into voice recognition.

As you already know, doctors are busy people. This is never more obvious then when they're dictating their notes. It's understandable they're busy, and as their MT, I can surely forgive them but will the latest voice recognition software be as forgiving as me?

Not likely.

As a transcriptionist you will have typed through background noise, patients moaning, doctors eating their lunch, personal conversations (oops they forgot the recorder was on) and other incomprehensible noise. Not to mention, ESL doctors with heavy accents and very tired ER doctors after a long shift!

At this time there is no voice recognition software which can handle this type of voice recognition. It is impossible for the software to determine actual speech from mistakes in conversation, background noise, heavy accents, etc.

So what does this mean for our future?

Rumors of MTs being out of r a job have been around long before I became an MT. Eight years later, there are still no real advances in this field.

Can voice recognition ever replace transcriptionists?

Sure it can.

If a doctor is willing to sit down and take the sufficient time to train his voice recognition software to recognize his voice and speech patterns (this takes time and is not done automatically), yes it is possible.

If the doctor thereafter dictates very clearly, using proper punctuation in his speech (stopping for periods, pausing for commas) without any background noise or interruptions. Yes, it is possible.

Will the document be 100% accurate?

No.

Remember medical records have to be in compliance with a number of very strict regulations. Most doctors, will not trust voice recognition enough to send these records through without at least a quick glance through.

Even under the best dictating circumstances the report will still need to be proofread and edited. So, yes under the "perfect" circumstances, voice recognition can replace a transcriptionist.

Is it likely? Not unless every physician out there is willing to take the time, energy and ongoing effort to train their voice recognition software and maintain a certain standard of dictation.

I don't see that happening any time soon. Doctors are busy people, remember? ;)

If anything, us MTs should embrace voice recognition and use it as a tool to help us in our MT careers. If applied properly, it can be a time-saving tool. So why not use it for our purposes?

As with any business to stay ahead of the game you have to adapt to change and technology. Learn how to use it to your advantage instead of being frightened by it. That's the only way to stay ahead of the competition.... Voice recognition or otherwise.

Mila Sidman is an experienced MT and owner of www.AskTheMT.com - an informative website dedicated to answering all your medical transcription questions.

Medical Transcriptionist - A Closer Look

Medical Transcriptionist jobs have been around since doctors first took the Hippocratic Oath. Ancient cave writings indicate that records of what medical treatments were being performed have been kept for thousands of years. Back then, it was for different reasons but today, medical transcription and in particular, the medical transcriptionist profession has been quietly taking steps forward and is "suddenly" making itself known to the world.

In a nutshell, a Medical Transcriptionist transcribes dictated matter by phone or from electronically recorded messages by doctors, nurses or other health care professionals, into records of treatments, procedures and up to date patient status reports.

Surprisingly, Medical Transcription wasn't "official" recognized as a profession until 1999 when finally; the United States Department of Labor assigned the profession its' own job code, in order to monitor statistics about the field. Until that point, medical transcriptionist jobs were unjustly given the title of medical secretary or typists.

Today, the American Association for Medical Transcription, which overlooks the profession, administers testing and upon passing the test you earn the title, "Certified Medical Transcriptionist" (CMT) which lends additional credibility to your knowledge, skills and abilities over those that are uncertified. Although certification isn't required for gainful employment, CMT status certainly has its' advantages like; the assurance to your employer that you are highly qualified and this in turn, increases your "market value" as an employee.

Medical Transcriptionist take on the role of converting the spoken words, of health care professionals, into written text either as hard or soft copy. But of course, with the dawn of new technology, this task is becoming increasingly less time consuming per unit produced. A good example is the ever-increasing use of voice recognition software.

Sounds great but the questions arises, if technology is transforming the profession now, then will technology transform the profession to such an extent anytime in the foreseeable future that it more or less makes the role of humans in the profession obsolete? I think the best way to respond is by using an example. Has the technological advances in every aspect of the medical profession reduced the role and importance of doctors and nurses? The answer to that question is clear and the same applies to the field of medical transcription.

Although transcription programs continue to evolve and become more and more adapt they will never be able to replace the trained human mind. They certainly allow for aspects of the translation process to speed up but they will never be able to compensate for all the differences in diction styles like accents, grammar, pronunciation and the list is as varied as the doctors doing the dictation.

Basically, the evolving transcription software programs are simply a tool but like all tools they are only as good as the skilled craftsman using them. In fact, because of these software shortcomings, transcriptionists need to be very adept at editing; especially in the correct use of grammar and the ability to proofread. And because most transcriptions start via the recorded message listening and strong keyboard skills are becoming more and more an essential.

Sure, voice recognition software has made the whole transcription process easier than it was in the past. Back "in the old days" when a medical transcriptionists had to listen to every single word and then transcribe it via stenograph, by long hand or more recently into a word processor but thanks to technology the editing skills mentioned above are becoming increasingly more important because voice recognition software is taking over more and more of the tedious hand entry portion of the job.

Medical Transcriptionist job training covers a wide curriculum including general knowledge of a wide variety of medical topics like medical language, Greek and Latin prefixes and suffixes, biology, anatomy and physiology body systems. A medical transcriptionist also needs to have a fair knowledge in diseases; how they progress and how they are treated because this process makes up a large portion of the medical dictations that they are responsible for transcribing.

In addition, medical science, surgery, surgical procedures and terminologies, surgical and laboratory instruments are also an important part of the transcriptionists knowledge set. And, if that's not enough prosthetics, pharmacology, laboratory test results and their interpretation must also be understood and mastered. As you can see, a medical transcriptionists knowledge base must be wide and deep.

Medical transcriptionist jobs can be applied in a variety of health care settings, either as full time employees of firms that are need of these kinds of services to doctors and other healthcare professionals or as part time transcriptionists that from home for private clients.

This article may be reproduced only in its entirety. Kevin Erickson is an entrepreneur and writer. For other articles he's written visit: Medical Transcriptionist | Online Paralegal Program | Online Nursing Program

Can Voice Recognition Technologies Make Transcription Services Redundant?

Many businesses need to convert recorded voice to text and have long been looking for ways to do it quickly and inexpensively. Transcribing medical dictation is a prime example.

Some years ago, when voice recognition software became commercially available, most people expected that the solution had finally arrived. Businesses looked forward to cutting down on transcription costs and everyone who hated typing looked forward to getting rid of their keyboard.

Unfortunately, the reality turned out to be rather different. Voice-to-text technology has been a big let down so far.

The fact is, voice recognition software is easily thrown off track by many different factors. If you don't speak clearly and distinctly, it may not give you the right output. If you try using it in a noisy place, it will fail more often than not. If you have an accent, it may not understand you. Even if you have a bad cold, you'll find that the software may give incorrect results!

In other words, voice recognition software works reasonably well under ideal, laboratory conditions, but not in a typical home or business setting!

Healthcare professionals who attempted to use voice recognition technologies to eliminate transcription services found that they need to "train" the software to function well. That takes a long time and a lot of work. Most wound up continuing to outsource their medical transcription work.

Of course, there are many other types of situations where transcription is needed. Examples include recordings of seminars, teleconferences, interviews and classes that need to be converted to text.

In natural speech, people tend to use lots of "aahs" and "umms" as well as unnecessary phrases like "you know". Current voice recognition technology is just not capable of filtering out such irrelevant sounds or words.

In addition, people also string together several sentences using "ands". The software can't break up such speech into meaningful sentences. Nor can it break up speech into meaningful paragraph units the way a transcriptionist can.

And if the recording is filled with background noise, or if more than one person is talking at the same time, the software will not function reliably and consistently.

Maybe sometime in the future someone will invent voice recognition technology that can handle all the above issues. Till then businesses will need to use transcription services, particularly for work like medical transcription, where accuracy is critical.

John Travers is a business consultant who has written about transcription services for businesses, jobs in transcription and related topics.

A Career In Medical Transcription: Is It For You?

You've very likely heard of someone who is making a good living as a medical transcriptionist. He or she might even be working from the comfort of their home. And you've probably asked yourself if this might be a career option for you.

It may well be. Let's take a look at the facts.

What exactly is medical transcription? In the course of their work, doctors and other healthcare professionals make dictated recordings of various things including physical examination observations, patient history, operative reports, referral letters, discharge summaries, observations regarding imaging data and so on.

A medical transcriptionist listens to these recordings and transcribes them into medical reports, correspondence, etc. She listens to a segment of recording, pauses the playback and keys in what is said before moving on to the next segment. She may do some editing for better grammar and clarity.

The transcribed document is sent back to the health care provider who then reviews it for accuracy and gets it signed. These documents become part of the patient's medical history records and perhaps insurance records.

To be effective at this job, you should understand medical terminology well. That includes anatomy, pharmacology, diagnostic procedures, treatment assessments and more.

Many distance education programs, colleges and vocational schools offer post-secondary training in medical transcription. Having a degree is not essential. With a home-study course, you can usually pick up the necessary knowledge within a year, often in less than nine months.

You can find work in hospitals, laboratories, physician's offices, firms offering transcription services, government medical facilities and so on. Working from home is also a possibility and many employers offer work-at-home options for transcriptionists. Apart from that, many individuals work as independent contractors.

With experience, it is possible to move into supervisory positions, which include editing work, teaching, consulting, etc.

What equipment would you need, if you wanted to do medical transcription at home? Not very much -- a computer with a medical spellchecker, printer, a transcriber and reference books are about all you need. To help you save on the actual typing, a word expander utility might help. If you are on a tight budget, buy second hand equipment will do just as well.

Medical transcription work does call for certain skills and mindset. Apart from basic computer skills, you must be detail oriented. If detail work bores you to tears, this might not be the career for you.

You must know typing, although speed will come with practice. You should also have excellent listening skills and grammar skills.

If you're planning to work from home, it is essential to be comfortable with working alone and meeting deadlines. You must be a self-starter who can work consistently without being driven by a boss.

Given the growth in health practices and hospitals and the need for standardization of records, the demand for medical transcription services is likely to keep growing. You should carefully analyze the pros and cons of this field before venturing into it. Medical transcription provides a rewarding and fulfilling career for many people and it can do the same for you too.

John Travers is a business consultant who has written about medical transcription, other business transcription services and related topics

A Career in Medical Transcription

If you're looking to switch careers, you might consider becoming a medical transcriptionist. This is someone who interprets and transcribes dictation by healthcare professionals. There are many benefits to a career in this field. For instance, you can, in many cases, work out of your own home at your own pace. Also, the demand for jobs is pretty high right now, provided you know what you're doing. Most professionals seeking out a transcription service prefer someone who has been through training at a community college or trade school and has some work experience.

Besides the proper training, you'll need the proper equipment. Since a medical transcriptionist listens to dictated information using a recording device and headset, you'll need to purchase these items. A foot peddle is also necessary to start and stop the recording device and the information you gather will have to be entered onto a computer or word processor. You will also need medical and pharmaceutical directories since you'll be expected to know the proper terminology. If any words or phrases are unfamiliar to you, it will be your responsibility to look them up in one of the aforementioned reference books. You should know the principles of basic grammar and be able to spell check and proof read your own work. Since you'll be transcribing dictated information, you'll also need to be a good listener.

Whether you're working through a medical transcription service or on your own as an independent contractor, the type of clients you have will probably include doctor's offices, hospitals, free clinics and rehab centers. You'll be transcribing any number of documents including patient histories, autopsy reports, referral letters, consultation reports and other medical records.

If you're interested in becoming a medical transcriptionist, you must first get the proper education. Courses in this field are available at colleges, trade schools and even online. Most programs take about two years and some require you to work an internship at a medical facility. Further information regarding a career in this rewarding field can be gathered at the library or on the Internet. Good luck!

James Hunt has spent 15 years as a professional writer and researcher covering stories that cover a whole spectrum of interest. Read more at www.transcription-services-guide.info

What Goes Into Starting A Successful Home Based Medical Transcription Business?

This article is advice about what medical transcription is, what skills a home based medical transcriptionist needs, what the initial investment is to start a home based medical transcription business and what someone should consider when choosing the right medical transcription training course.

What Goes Into Starting A Successful Home Based Medical Transcription Business?

If you don't know that's OK! Most beginners to the home based medical transcription industry don't either but this website will give you an expert overview of the industry. We will also direct you to what is being referred to as "The Bible" of the home based medical transcription business so whatever isn't covered here will be then (in-depth) by a very successful 9 year home based medical transcription veteran. You Won't Go Wrong If You Act Upon What We Share With You!

Who Am I & Why Should You Follow My Advice?

That's a fair question and I would be rather shocked if you didn't want to know. Please understand that the following answer to your question is not an attempt to satisfy my own ego but rather to show you that I am not some "QUACK" that just dispenses unfounded theories or hype. My name is Paul Hackett and helping people start their own home based medical billing (MB) & medical transcription (MT) businesses is my passion.

I am the president of a successful home based medical billing and transcription business (Stelo Medical Management, Inc.), a medical consultation business (Stelo Enterprises, Ltd.) and the author of the internets #1 selling home based medical billing business startup guide entitled "Medical Billing Book For Home Based Beginners".

I've been in the home based medical billing & transcription business for 8 years, built all my businesses from scratch, have helped hundreds of medical billing & transcription beginners start their own home based MB & MT businesses. I have earned my trust within both industries by giving out only useful and truthful information about the field. Now that you know who I am and what I represent lets get down to the meat of the issue!

Is Medical Transcription A Legitimate Home Based Business?

Yes, it is and it has been for decades. It is not one of those widely advertised scams that you would see online or in newspapers like the medical billing industry is plagued with. Medical Transcriptionists have three options when deciding how they want to work:

1) Work inside a practice, hospital, etc.- if you take this route then you could make the equivalent of $9-15 per hour depending on your skill, accuracy and geographic location. As with any other job you will be supplied with everything you need (including benefits) by your employer.

2) Work as an independent/self employed medical transcriptionist - This is when you work completely for/by yourself, you take care of your taxes, you sign up and maintain your own client/accounts, you market your services, you provide your own benefits, etc. You'll probably start out at the equivalent of $10-15 per hour (or 6-14c per line) and in time (years) you could be earning the equivalent of $15-$40 per hour depending upon the amount of work, clients and type of equipment that you use. A lot of medical transcriptionist around the nation rather doing business this way (including me) and once you see the pros and cons of the business and speak to a CPA you'll see that this route is rather lucrative and you're the boss. Simply put, you own the company so you do whatever you must to make it a success. Or;

3) Contract with a national company - with this type of medical transcription you are referred to as Statutory Employee. It is the same as the above mentioned position with the exception that the company you contract with usually pays 7.5% of the FICA tax, they might give you certain equipment to do the job their way and they will assign the workload expectation and pay.

What Is Medical Transcription?

Medical transcription is the process whereby one accurately and swiftly transcribes medical records dictated by doctors and others, including history and physical reports, clinic notes, office notes, operative reports, consultation notes, discharge summaries, letters, psychiatric evaluations, laboratory reports, x-ray reports and pathology reports.

It involves receiving dictation by tape, digital system or voice file, the use of ear/head phones, a foot pedal for start-stop control, a variety of word processing programs and sometimes the use of a printer and a modem. Today many home based medical transcriptionists still deliver their completed work back to the office but with technology being what it is now it's just as simple to deliver the work via a modem. If you work of a national company they may require you to use a modem to download and transmit the work.

What Skills Does A Home Based Medical Transcriptionist Need?

Let me put it this way, having a computer at home and knowing how to type fast is not enough to become a successful medical transcriptionist. You MUST:

Take A Really Good Online Medical Transcription Training Course (or attend a good school-college-trade or vocational school),

Have Good Listening Skills,

Great English Grammar Skills,

Excellent Computer Skills,

Superior Research Skills,

Possess High Typing Speeds With Great Accuracy,

Pay Great Attention To Detail,

Have A Great Foundation In Medical Terminology, Anatomy, Physiology, Pharmacology, Laboratory Tests And Values, Medical Equipment and Procedures,

Possess The Ability To Work Alone (Usually you won't have much contact with others),

Possess The Ability To Work Under Pressure And Sometimes Under A Deadline, and

Posses The Ability To Sit In Front Of A Computer For Extended Amounts Of Time.

You will need to invest in several different types of publications such as: an English dictionary, a grammar and style guide, a complete medical dictionary, a drug index, a laboratory and pathology word book, a medical word book by specialty, a surgery word book, a medical abbreviation word book, other specialty word books and a physician directory and other journals.

You will also need to use several different pieces of software such as a medical spellchecker and an abbreviation system such as PRD or Smartype. You will also need to learn all you can about your own computer so you can employ all the ticks and shortcuts within it to greatly enhance your productivity. Remember that you need to always have your hands on the keyboard because the more you type and type accurately is the greater your pay will be.

What's The Initial Investment Needed To Do Medical Transcription?

This varies and it depends on several factors like:

Do you already have a home office or if you're starting from scratch?

Do you have formal medical transcription training or not?

Do you already have most of the books you will need?

Do you have the necessary software programs to do the job professionally?

Do you need to purchase additional software or hardware?

The great thing is that you can buy most of the things you need (used) from places like Ebay and other places that support the home based medical transcription industry. Your four major purchases will be your medical transcription training, transcriber, computer and reference books so your investment will be very minimal compared to doing medical billing from home where the investment can be as much as $6,000 to get the business of the ground.

How Do You Choose The Right Medical Transcription Training Course?

OK, this is the last segment that I'm going to cover but at the conclusion I will tell you exactly where to get the most in-depth, informative and comprehensive medical transcription training for the least amount of money to start your home based business.

When it comes to a medical transcription course or medical transcription correspondence course then you will have a plethora of choices (especially if you search online). So let's start with your choices:

College Courses

Vocational School or Trade School

On The Job Training

Learn On Your Own or

Online Medical Transcription Training Course or Correspondence Courses

Now allow me to say that how one medical transcriptionist got their training might not be right type of training for you because everyone learns differently.

I know people that have learned the trade by doing on-the-job training with the help of other experienced medical transcriptionists but the learning curve was huge because they knew nothing before starting. I also know people that trained themselves (that's bold and I commend them) but even they have told me if they were to do it all over again that they would have learned it through some sort of school or online medical transcription training course (once again the learning curve is a killer). Here's a break down of what a good medical transcription training course should consist of:

Medical Terminology,

Acronyms, eponyms, abbreviations,

Anatomy,

Physiology,

Laboratory tests and values,

Medical procedures and equipment,

Drugs,

Transcription formatting,

Ethics of medical transcription,

Research methods and resources,

Brush-up typing (if you need it),

Brush-up English grammar ,

Marketing,

MT "business" skills

You should also look for a medical transcription training course that will give you all the up-to-date equipment you'll need to learn on (at no addition charge), award you with a "Certificate Of Completion" (not to be confused with "Certification") and if the course or school has employment programs for after you complete the medical transcription training at no addition expense to you then that's great!

I have had the opportunity to speak with several working MT's, home based MT's, schools, online medical transcription training courses, the alumni of medical transcription training programs and then applied my own experience to base my conclusions on. I feel that if you have the time to attend a good local college, vocational or trade school then go that route (it will be expensive) but if you don't have the time or money then take a good online medical transcription training course. The problem like I said is that there are so many that it's an overwhelming task to choose a good and affordable one .

I chose the following because they give you a very well-rounded education, great phone-email-fax-mail support and a slew of bonuses that come with the course instead of as an addition with an extra charge. Here are a few extras: up-to-date equipment used in the industry, a copy of the course in hard copy, unlimited number of final exam retakes, 2 year graduate job database membership, letters of recommendation, reasonable payment options, evaluation of your resume for employment, evaluation of your home based MT sales/marketing letter and a hotline to help you after you become employed just to name a few.

You'll see that you have four different learning options that are very well priced depending on what goals you are trying to achieve. For Example: lets say that you choose their "Home Based Medical Center Package" to learn medical transcription, medical billing and medical coding (Wow! What A Package). Think about how much you'll be worth to a physician, group practice, clinic, hospital, nursing home, etc..

Imagine the amounts of money/salary that you'll command from employers or your clients due to your knowledge of all three professions. Plus in a home based business you'll have the ability to offer each of your clients three distinct services compared to most businesses that only offer one (you'll be financially secure in no time)! So without further delay here's my #1 choice for the best medical transcription training course of 2005: http://tinyurl.com/2347z.

Trust me when I say you'll be doing yourself and your business a big disservice if you don't enroll because if you train with the 2nd or 3rd best what's the likelihood you'll be considered as a 1st rate medical transcriptionist in your potential clients eyes?

Starting a medical transcription business from home is not rocket science but you should get all the expert advice that you can so that your journey will be a less rocky one. I have read several "Home Based Medical Transcription Books" but none of them cater to the beginners to the industry or even come close to the amount of useful information that is given in Michele's book entitled "Step-By-Step Guide To Medical Transcription At Home" http://tinyurl.com/wool.

You must read Michele's ebook today because she covers all the necessary topics that you must know about the field and because she also owns a very successful home based medical transcription business she is more than qualified to help you become the success that you see yourself being.

I've really enjoyed the time we've spent together today and I hope that you learned what you need to consider before you decide to venture into the home based medical transcription business.

Here's To Your Success,

Paul Hackett "The Medical Business Mastermind"

Paul G. Hackett's only purpose is to truthfully educate people about the who's, what's, where's, when's and why's of starting, opening and operating a successful home based medical billing or transcription business. Visit http://medicalbillingbooks.tripod.com

The Medical Transcriptionist Boom

 

In spite of the somewhat sluggish economy, in specific fields job opportunities are truly abundant and simply waiting to be tapped by qualified applicants. As a result of new technology and techniques, new skill sets are required but because the required skills have changed faster than the overall workforce, the numbers of qualified applicants has actually been decreasing for the past several years as workers rush to brush up and improve their talents in order to be considered "qualified" and in the mean-time, companies wait to fill these in-demand jobs.

From legal assistants or paralegals, pharmacy technicians and nurses, various training programs are now being made available for the public... including medical transcriptionist aspirants.

According to the US Bureau of Labor Statistics, becoming a medical transcriptionist represents one of the top ten job opportunities in the country. Medical transcriptionists are those people who create the legal documents which health care professionals like physicians, registered pharmacists, therapists, registered nurses, dieticians and chiropractors all rely on and use as reference materials.

The potential topics under which a medical transcriptionist could find themselves working in are incredibly varied and they range from Medical Terminologies, Medical Law and Ethics (HIPAA), In-Patient or Out-Patient Medical Transcription to Human Anatomy.

This wide range of potential topics is one of the big reasons why becoming a medical transcriptionist is not for just anyone. People who aspire to become medical transcriptionists need to undergo proper education from medical transcriptionist schools, which teach and train them in the various fields that they need to master in order to become a certified medical transcriptionist.

Medical Transcriptionist schools will also be able to help you better prepare for the Certified Medical Transcriptionist (CMT) examination. Various medical transcriptionist schools offer training courses for potential medical transcriptionists. Aakers Business College, TechSkills, National College and PC Age are just some of the medial transcriptionist schools that can be found in the country.

Some medical transcriptionist schools even offer the option of training online via the comfort of ones own home. By simply having access to the internet, students from online medical transcription schools can actually access the available training modules and other medical transcription related materials that they will need in order to pass the medical transcription training.

More and more Medical transcriptionist schools are moving to this modern method of teaching because it expands their potential market due to the fact that many of their medical transcriptionist students are quite busy and value the option to take the medical transcription training at their own pace and being able to enjoy the convenience of setting their own schedules.

With the current high demand for medical transcriptionists, it's not surprising to see entrepreneurs jumping into the fray and taking advantage of this opportunity by setting up all sorts of medical transcriptionist schools... all geared towards training their students for an exciting medical transcriptionist career.

Apart from the necessary training that one acquires from medical transcriptionist schools, it's also important to note that any top medical transcriptionist will also possess excellent listening skills. Solid listening skills are truly and indispensable requirement in this field because medical transcription requires that the medical documents you are transcribing be perfect in every way possible.

Health care professionals are relying more and more on those transcribed medical documents when it comes to going about their everyday business. Whether it be filling prescriptions or doing some type of research, it's simply vital that the transcribed information they receive is accurate.

Just a small slip or momentary loss of concentration could result in unexpected negative consequences for a patient because so many health care professionals rely so heavily on the medically transcribed documents they receive as the basis for making their diagnoses and prescribing medications.

Although the potential to earn a substantial income lures many into the medical transcriptionist field, it doesn't automatically mean that they are cut out for the position. To succeed you must be extremely dedicated, patient and be able to handle the weight of responsibility that comes with the title - Certified Medical Transcriptionist

This article may be reproduced only in its entirety.Sabrina Hall is a contributing writer to: Medical Transcriptionist | Paralegal | Nursing School