Medical Transcription Field has Strong Growth for the Future

medical transcription career field is projected to grow faster than average for all occupations through 2014. Demand for medical transcription services will be spurred by a growing and aging population. Older age groups receive proportionately greater numbers of medical tests, treatments, and procedures that require documentation."

Medical transcription is a $25 billion business. The Department of Labor predicts an 18 percent to 26 percent growth in the industry. Part of the growth is because HIPAA regulations require all hospitals to convert medical records to digital format. Another reason is the country's aging population, which will create more medical records.

In addition, there's a shortage of 50,000 qualified transcriptionists. Many US companies are outsourcing to transcriptionists overseas.

The medical transcription field continues to be an essential part of health care even with all the world's technological advances. This will continue due to the fact that computer's don't do dictation, as we know it.

window.google_render_ad(); Voice recognition technology still cannot accurately read the human voice for all spoken words. It takes a doctor a long time to teach a computer, with voice recognition software, to be able to recognise their speech.The accuracy and detail required in medical transcription means there will be a career in medical transcription for many years to come.Digital medical transcription has opened up many new doors for those wanting to work at home.

It has never been easier to work in freelance medical transcription. Other training that is associated with medical transcription is that of medical coding and medical billing.Medical transcription degrees can be obtained by completing courses with a medical transcription school. Once you have completed a degree and gained experience consider specialising.

When you are working in the medical transcription field and you specialize, it has a dramatic impact on your income potential.

Areas to Specialize In

• Autopsies • Cardiology • Dermatology

• Endocrinology • Family Practice • Gastroenterology

• Internal Medicine • Multi Speciality • Neurology

• Obstetrics/Gynaecology • Oncology • Ophthalmology

• Orthopaedics • Pathology • Paediatrics • Podiatry

• Psychology • Pulmonalogy • Radiology

• Rehabilitation • Reproductive Endocrinology

• Surgery • Urology • And Others


A career in medical transcription shows a promising job outlook with growth expected to continue for many years to come. Good job prospects can be supported by the fact that the world has an aging population and an aging population requires more medical care.

Earnings for a medical transcriptionist are on the increase for competent transcriptionists, especially when they become specialists in one of the areas listed above.

When you are in the medical transcription field and you specialise you dramatically increase your potential for a higher income.

Sphere: Related Content