Medical Transcription at Home -
How Much Money Could I Possibly Make Doing Medical Transcription? By
Regina Reeves Are you one of the many people who would like to get out
of the rat race and find a work-at-home job? With gas pricing going
up more and more, there are lots of folks in your shoes. A great job
you can do from your home is medical transcription, and you may have
already discovered this and have done some research online too.But even
though you'd be at home, saving money on gas, saving wear and tear on
the car, saving money on your professional wardrobe, just how much money
can you expect to be making from this job?Good question! Since I've
been a medical transcriptionist myself since 1995 and I also know lots
of others who work in this field, I feel I am qualified to answer that
for you.
lI've made anywhere from about $10.00 an hour
to $35.00 to $40.00 an hour over the years. When I first started, I
was put on an hourly rate until I became accustomed to the doctors and
hospitals that my company contracted with. That was great because it
gave me a chance to get familiar with everything and start typing charts
faster. After about 2 weeks they switched me over to my regular pay
which was 8 cents a line (a line is generally 65 characters including
spaces but that could vary). My company had an incentive plan where,
if you typed a certain number of lines per pay period, you received
a bonus. So you could actually make up to 10 cents a line if you were
motivated.The bottom line is that for many years I made between 45k
to 50k a year working 32 hours a week.
Two of my fellow employees who were friends of
mine made more than I did because they worked more hours (40).These days
I am working less hours and making about 35k at home, 3 days a week.Now,
I want to mention that this is not the salary everyone will make. It depends
on how fast you type and what company or doctor you are working for. Some
employers do offer incentives like I mentioned and some do not. But since
you know there are plenty who do, try and find that type of company when
you go on your job search.I've never personally worked for an individual
doctor but I've been offered jobs at just about every doctor visit I've
ever had.
Every time they hear I'm a transcriptionist they
tell me they have a lot of extra work and would I like to work for them.
So as a bonus, I think there is a lot of job security in becoming a medical
transcriptionist.Don't be too concerned if you're not making as much as
I mentioned right away. Consider the benefits of working from home and
weigh them against all the hassle of having to drive to a 9 to 5 job every
day. Even if you ended up making less money you'd still come out ahead.Working
from home as a medical transcriptionist is easier than you think. Anyone
can follow this step-by-step guide, and you'll be working
from home in no time !http://www.squidoo.com/work-from-home-medical-transcription