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Serving Over 20,000 US Medical Transcriptionists

Future

Posted By: Jan on 2006-04-04
In Reply to: All I can tell you is I have been watching this issue very closely for the past 5 years... - US MT

With all this new technology, do you think that all clerical jobs will be eliminated?


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Future of MT?

I worked in the medical field 20 years ago and often had to hire medical transcriptionists.  I remember back then that there was a lot of talk about MT being a "dying field."  There have been a lot of changes, but there is still lots of work for MTs.  I finished MT school last April and had heard  talk about MT jobs being hard to get, especially for new MTs.  I was offered a job with a large national about 2 weeks before completing my MT program.  I can honestly say it was the easiest job I've ever gotten.  Yes, there will be changes in the field but I believe that well-trained MTs will be in demand for quite a while to come.  There's a lot of negativity on this board but not everyone's experience is negative.


Future of MT
Thanks LK; i needed to hear that.  Getting back into this field is something I am hopeful about;  and I know I have a challenge ahead.  Do you think this type of work will be available for another 15 years?
Like MT but fear for the future...sm
you would do well to read the archives THOROUGHLY on this board. It is almost impossible to break into the field. Then go to the offshore concern board and maybe the voice recognition board. IMHO, you would be better off going into being an ultrasound tech or something similar. Me-- I'm enrolled in nursing school.
Future of MT business

EMR/VR is described in previous post.  If you do VR you are an MT and an Editor with a pay of 3 to 4 cpl.  Not my cup of tea but some people may prefer it.  You will see the large outsourcing companies send work out alot more often now to increase their profit margin - ALOT.  Therefore you are going to be limited as to how much you can make with them.  If you earned $2500 a month full time, there is someone sitting in India or the Philippines just waiting to do your job for an average of $239 a month.  Bottom line is that saving $$ will almost always be the deciding factor.  To avoid that situation, I have gone to a company that hires U.S. MTs only.  That is proudly posted on their web sites and companies who post on MT Stars.  You get paid more, there is steady work, and it will not be outsourced.  That is not to say that the client will not end up outsourcing as a cost saving measure.  Try to support U.S. companies and help them to grow.  They are the ones trying their best to protect U.S. jobs, not the AHDI.  If it is up to them, in the future the MT positions will probably be cut in half or more by 2015. 


As far as satisfying work.  If you have an account that you get good on, maximize your potential, and earn up to $20 or more than hour - that is satisfying!!  And by the way, there is no way your husband could ever guess what it is like to be an MT.  Stressful, yes.  Boring, no.  The knowledge and technology training you receive are invaluable, as long as you can make money doing it.  Not so easy these days, but possible if you don't mind changing companies/clients until you find the right fit.


You have a great future ahead of you!
.
the future of medical transcription
I don't know what to think!  I see postings saying that this field is on its way out, and I see postings from people who are actively pursuing this field.  I was really hoping to get into transcription, but I just don't know what to do at this point.  Anyone have an opinion?
Is future MT a good school?
I have put out my resume out to a couple of places but because I don't have any training I have been recommended to this school.

Thanks for your input. I love my job but would like to spend time with my baby at home and my husband works shiftwork so I would also like to spend time with him.
Yes, I believe there is a future for MTs who do quality work
You hear a lot of sad stories, but many, not all, of those complaining are just not very good at what they do for a living. That is the main reason why they lose their jobs. It isn't overseas MTs taking their work, it isn't speech recognition, it isn't even electronic medical records. It's the quality of their work. They will never admit it. In fact, they will yell and scream and protest! There are many out there who are doing well and making some good money, and no, it hasn't been going down for everyone. Just remember that there are whiners and complainers in every industry. Medical transcription is no exception.
Looking for honest answers about the future of MT...
I am considering MT (again). I already do some transcription but have never trained for medical.

Many of the posts I've read on different forums are pretty discouraging about the future of this profession.

I am a relatively fast typist (80 wpm, 99% accuracy)and have a pretty good command of spelling and grammar. (I'm sure I could use some improvement.)

I would really like some flexible work from home. I have a child with special needs and don't want to go out to work in an office for ten hours a day.

What is the average pay? Is off shore and voice recognition going to make the profession obsolete in a few years? I hate to invest in training and have it be for nothing down the road. Though, I guess I could look into coding in the future! Maybe there will be more at home jobs in that field down the road.

Many thanks,

Mariah
...now. Might want to apply and get name on a future list
s
Please use the Word board for this in the future.
Thanks.
Future of Medical Transcription due to outsourcing

I am seriously considering Medical Transcription and now wonder if this is the right path to take. I guess there is no way to have absolute certainty, but would like to feel secure about investing time and money in learning the field. I would like to hear from some MT's who are fresh in the field and hear their thoughts. Thanks


You're quite welcome. Feel free to e-mail me in the future :o)

Coding has much more of a future than MT right now. Coding can't be sent out to India and
it requires an active thought process to do it, so it's not likely to be replaced by software. Yet. I bet there's a lot of MT's right now that wish they would have chosen coding...