Career in Medical Transcription Allows You to Earn Great Income from Home

The majority of Transdyne medical transcription graduates enjoy the comfort of working from their own homes, and even though most medical coding specialists currently work at medical offices or hospitals, current trends point to growing numbers of at-home positions for medical coders, as well.

Imagine all the benefits of working at home:

• Spend more time with your family!
• Raise your own children - no more daycare!
• Have freedom to set your own hours!
• Nobody looking over your shoulder!
• No long, costly commutes to the office!
• No need for expensive daycare!

If working at home is a "must" for you, please consider choosing medical transcription career training. People become motivated about medical transcription for many different reasons; they become MTs so they can work from home, earn great income, avoid long commutes and costly daycare, have job security in a growing market, or enjoy more quality time with family. Whatever your personal reasons for looking into medical transcription, know that Transdyne is your best resource for training, assistance, and support to prepare you to confidently step into a new career as a medical transcriptionist. Unless you have had the advantage of working from your home, you cannot imagine the FREEDOM that such a lifestyle gives you!

A medical transcriptionist is responsible for transcribing medical reports accurately.Any time there is an interaction with a medical professional and patient, doctors dictate information for a medical document. Medical transcription opportunities for new entry transcriptionists are rarely advertised on the internet or in newspapers but you will find plenty available.

For a few reasons, medical officials decided to go directly to medical transcription classes, training courses and schools that offer medical transcription job assistance.They look for students that have completed the courses and are competent. The key is competence.

By being competent, you are looking at a minimum typing speed of 60 words per minute (wpm), the faster, the better. Accuracy is even more important. Your accuracy will need to be 98% plus. Again the higher, the better.

Now don't be scared off just yet...

There are great programs you can use to increase your typing speed. And, good medical transcription colleges will aide you in achieving these levels with your determination and some hard work.Any medical experience you have, although not necessary, will certainly advantage you in your career in medical transcription. Demand for nurse medical transcriptionists is very high!

The thing is if you already have a strong understanding of medical terminology and you can reach the competence levels, you may well be accepted for work.

If you are wondering about the future of medical transcription then you can feel secure knowing that there is a strong and growing demand in the medical transcription industry for excellent transcriptionists.

The US Department of Labor says that medical transcription careers will have strong growth over the next several years.

The future for a career in medical transcription is extremely promising as the first of the Boomer's hit 65 in 2011. Those born during the baby boom years of 1946 to 1964 are aging and the demand for medical care is growing with their aging...

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Career in Medical Transcription Allows You to Earn Great Income from Home

The majority of Transdyne medical transcription graduates enjoy the comfort of working from their own homes, and even though most medical coding specialists currently work at medical offices or hospitals, current trends point to growing numbers of at-home positions for medical coders, as well.

Imagine all the benefits of working at home:

• Spend more time with your family!
• Raise your own children - no more daycare!
• Have freedom to set your own hours!
• Nobody looking over your shoulder!
• No long, costly commutes to the office!
• No need for expensive daycare!

If working at home is a "must" for you, please consider choosing medical transcription career training. People become motivated about medical transcription for many different reasons; they become MTs so they can work from home, earn great income, avoid long commutes and costly daycare, have job security in a growing market, or enjoy more quality time with family. Whatever your personal reasons for looking into medical transcription, know that Transdyne is your best resource for training, assistance, and support to prepare you to confidently step into a new career as a medical transcriptionist. Unless you have had the advantage of working from your home, you cannot imagine the FREEDOM that such a lifestyle gives you!

A medical transcriptionist is responsible for transcribing medical reports accurately.Any time there is an interaction with a medical professional and patient, doctors dictate information for a medical document. Medical transcription opportunities for new entry transcriptionists are rarely advertised on the internet or in newspapers but you will find plenty available.

For a few reasons, medical officials decided to go directly to medical transcription classes, training courses and schools that offer medical transcription job assistance.They look for students that have completed the courses and are competent. The key is competence.

By being competent, you are looking at a minimum typing speed of 60 words per minute (wpm), the faster, the better. Accuracy is even more important. Your accuracy will need to be 98% plus. Again the higher, the better.

Now don't be scared off just yet...

There are great programs you can use to increase your typing speed. And, good medical transcription colleges will aide you in achieving these levels with your determination and some hard work.Any medical experience you have, although not necessary, will certainly advantage you in your career in medical transcription. Demand for nurse medical transcriptionists is very high!

The thing is if you already have a strong understanding of medical terminology and you can reach the competence levels, you may well be accepted for work.

If you are wondering about the future of medical transcription then you can feel secure knowing that there is a strong and growing demand in the medical transcription industry for excellent transcriptionists.

The US Department of Labor says that medical transcription careers will have strong growth over the next several years.

The future for a career in medical transcription is extremely promising as the first of the Boomer's hit 65 in 2011. Those born during the baby boom years of 1946 to 1964 are aging and the demand for medical care is growing with their aging...

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Benefits Of A Medical Transcription Business

You have decided to start a home based business. Now the problem is choosing which business to pursue. Usually, before a person decides to begin their business, a lot of research needs to be done. Your demographic area determines if the product you have to sell will be in demand by the public. Marketing a product that is already saturated in the area in which you live spells disaster for your business in its infancy. This article cuts through all of that research and presents you with a home based business product whose demand will continue to increase over the coming years.

Medical transcription is an at home business that offers tremendous benefits for those who choose to pursue it. One benefit of this business is setting your own hours of operation. The problem with traditional office jobs is that they are not structured to accommodate children’s school schedules, family illnesses, and emergencies. My children go to school late so going to work at an earlier hour means leaving them home to see themselves off to school in the morning. The flexible hours that this home based business provides allows you to tend to family issues as they arise. You don’t have to get permission to leave work because you are the boss!

Another benefit of a home based business like this is the low overhead. “Overhead” refers to the costs involved in operating your business that are subtracted from the bottom line to determine your business profits. Other new businesses that require a building or need to employ workers will have higher operating costs including employer provided health insurance.

At home, the cost to you will be limited to the equipment used to retrieve the dictation, a computer with word processing software (if you don’t already own one), a desk, a chair, and a phone. Most of what you need, you may already have. Also, these things can be written off on your taxes as a business expense, and that includes the square footage of the room that you choose to be your base of operations. Less overhead costs equal more profits for your business.

Medical transcriptionists are employed in hospitals, doctor’s offices, and transcription services. Most companies that hire medical transcriptionists require hospital experience. Length of service differs from company to company. The beauty of this field is that you can work in the hospital setting to gain the necessary experience and grow your business at the same time. Working part-time in a hospital or office will give you a feel for the industry in your particular area. Joining a professional medical transcription organization will help you network among others in the profession to increase your business.

Beginning any new business requires time and hard work. A medical transcription business offers low overhead, flexible work schedules, and a product that will stay in demand as long as there are doctors. These benefits make it appealing to those who are tired of the grind and want a more balanced family life.

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Outsourcing Transcription To Save Costs

With the increase in demand to keep a record of the medical documents, many developed countries have now started to outsource medical transcription work to developing countries. The profits earned through medical transcription outsourcing services are constantly increasing in the US market.It is basically to save on the costs that developed countries prefer to outsource these services. Not only is the labor in developing countries cheap but also the currency rates of these countries are cheaper as compared to the developed countries like US.

In the past medical and business transcription was performed by in house based employees. This means that the institution not only had to pay salaries, health care benefits, vacation and sick pay for their employees, they also had the expense of the physical space and equipment needs. Hospitals and other institutions have found that outsourcing of their transcription needs eliminates some of these internal management responsibilities and costs.

Looking for ways to cut costs has become a way of life in most medical offices and institutions. One very efficient way to reduce expenditures has been found to be the outsourcing of medical transcription services.Most institutions pay on an average 28 to 36 percent more for their in house transcription then they would pay for the same if it was outsourced. Studies done in the past have found that a production based transcriptionist working in her or his home has a cost of nearly 37 percent less per character than an in house transcriptionist.

Another consideration of outsourcing transcription is accuracy of work and turn around time. Even with on site transcriptionists many hospitals have physician complaints regarding the quality and accuracy of the transcription and the turn around time of their dictations. Turn around time is directly related to the productivity of the worker. It was found that on site transcriptionists have many more disruptions and a much lower production rate when compared to outsourced transcriptionists. The on site transcription production rate is around 39 percent less than production based and home based transcription production rates.

At the completion of a nearly two year study it was found that hospitals and other institutions could save as much as 33 - 38 percent a year utilizing outsourced transcriptions services.

Outsourcing will also help you improve income in your department as you save a lot on costs of medical transcriptionists. Last but not least, you also save a lot of overhead cost as you do not have to pay for any employee insurance and other such added expenses of having permanent employees. So, whether outsourcing for MT services is good or bad depends on your individual perspective more than anything else.

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