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Serving Over 20,000 US Medical Transcriptionists

MT profession

Posted By: mynameislarry on 2006-04-07
In Reply to: Do you like being an MT - AmyAmyO

Run away as fast as you can before you make the mistake of coming into transcription.  I make less now than i did 15 years ago when I started and have to work a lot harder to make a dollar.  Run, hurry, runnnnnnnn!!!!


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What's going on with this profession

I am very new to this profession.  I have spent the past 15 years in medical billing and coding and is in process of transitioning to MT.  I found stumbled on this site and must say the messages and replies I here are CRAZY!  I read how a lot of you are fed up with the lack of work, which is understandable; I've read the different views in regard to "Newbies" vs. "Vets"  I believe I have read almost every post for the month of October and November, and I am feeling very discouraged.  It seems that MTs are not appreciated, overworked (or underworked depending on who you're working for) underpaid (is .06-.08 realistic for 5-10 yrs experience?)  I feel like this profession brings on a lot of stress worrying about whether or not you're going to make enough money to pay bills or wondering whether there's going to be work tomorrow, the next week or next month I here about these MT companies who try to S----w MTs out of their pay/production. It seems that MTs are not valued which is the same for Billers.  Doctors do not see the value in their billers when they are the people generated the money for the doctor.....I don't care is that doctor saw 100 patients--what does that mean if he can't get paid for it?  Not to mention the fact that I am not attending one of the 3 best MT schools around, I just feel like trashing the entire idea. Oh yeah I also read you can't get a job if you didn't graduate from one of the big 3's. You can't work if you do not have experience, what the I am too old to stress over money, and I am a very hard worker I believe in starting at the bottom, but after 5 or 10 years in this business I am only earning less than .10 per line, I don't know.  Can someone please enlighten me on this profession?  Is it really worth the effort, cause a lot of you are very discouraging.  Thanks.


 


Are you looking for a profession or a hobby?
If you just want a hobby, then AHP will be fine. It won't matter that your training will be substandard because you won't be able to get or keep a real job.

As for the hours issue, clients can't wait for medical reports to be transcribed just whenever you feel like working a couple of hours here or there. There are requirements for turn-around time (TAT) and, oh yes, that pesky thing called PATIENT CARE. The work isn't made available just so you can earn a little pin money once in awhile ("set your own hours" HA!), it's there because actual human beings require medical care and ACCURATE, TIMELY medical records are required to facilitate their care. You can't just work when you feel like it. Your employer has to be able to ensure that the clients' work is done within a specific TAT, and that isn't going to happen if they let the mommies-in-jammies brigade just "work while the kiddies are sleeping" or "work a few minutes here and there" when they "feel like it". You will likely be required to commit to a specific time frame and actually work during that time. You may have a range of choices in the time you choose to work, but it won't be a case of just working whenever you feel like it (or deciding not to work during a period to which you've committed). This is a serious job, not some make-believe game.
Thoughts on MT profession???
I've been researching for several weeks and am seriously considering enrolling in Andrews school, but wanted to get some opinions of where you think the MT profession is headed.  Do you think MT's will be phased out in the next few years?  Where is this profession headed with VR/ASR now starting to take place?  I know the starting pay is low and I am not entering this profession with the intent to support my family.   I would just like some opinions from some experienced MT's and what you think will be the future of the MT profession.  
She is right - choose another profession

I too have been an MT for almost 20 years.  These MTs schools will train you to become an excellent MT and they will be glad to take your money too.  Then you are a highly trained and skilled MT.  If there are no jobs, what do you do with it?  It's useless.


Because of EMR and all the outsourcing that has increased since January 1 - you have old MTs with 10, 15, 20 years of experience out job searching again because they have so many years in and  they do not want to change professions before retirement.  It is so competitive that MTs with 2, 3, 5 years experience will not be able to move in their jobs.  A brand new MT is not going to stand a chance.  Don't waste your time and money.


heard of at home profession ....
Hi Cindy,

Yes, I took their course and it worked for me. Takes lots of hard work from yourself to make it. I'm a successful medical transcriptionist!
Please be careful with use of the word profession vs. occupation..sm
though the two terms are sometimes used interchangably, they really don't mean the same thing. Occupation is what engages or "occupies" one's time, such as a job. Profession is considered a calling, vocation or form of employment that provides a needed service to society and possesses characteristics of expertise, autonomy, long academic preparation, commitment and responsibility. While MT's are dedicated workers supporting healthcare in a paraprofessional capacity, it's not really in the same camp as law, medicine, ministry, etc. MT's don't work on their own, unsupervised, such as a doctor does, nor do they have a long academic prep, even if they do go to business college...
I honestly do feel for any new MT entering this profession. SM
Pay has gone down considerably in this industry. I believe this is a combination of large transcription companies who focus on large quantities because they have to in order to keep their client base and stay in business. A huge factor, in my opinion, is the ever increasing number of overseas transcriptionists who work at a much lower wage than we do (of course, their cost of living is lower), and the alliance they have with many of the Indian owned transcription services who operate out of this country (well, at least they have an 800 toll free number and use a U.S. adress, when in fact, they are operating out of India and not paying taxes like American businesses). I have 26 years experience in this profession and make probably 15% less money than I did over ten years ago. There are many highly experienced MTs who are having a hard time with a company fit during the past few years, because everyone seems to be sacrificing quality for quantity.

Keep searching and some company will let you get your foot in the door. One of the largest U.S. transcription companies (I won't mention the name, but most know who I am referring to) are likely losing veteran MTs by the dozens as we speak due to the recent negative changes. I believe this will make the job market even tougher for the new MT. There are many experienced in the profession who will be and probably are "shooting out" resumes as we speak.

My advice to you, as we were all new once, is to get your foot in the door of a local clinic or hospital, put your time in (at least 2-5 years) and learn as many specialties as possible. The hands on training and staff that you will have at your disposal in the medical records department will be invaluable and crucial to your future in this profession. Working from home as a new MT has many, many disadvantages, mainly the low pay and high rate of competition out there. With production pay, you will find yourself making less than minimum wage quite often. It is sad that many schools don't bother to inform you. Good luck and stay persistent. Something will come your way.
Not the profession. MTs in house at hourly pay do great. The world of the
s
Agree...not a good reflection on our profession. A seasoned MT would not make this mistake. nm
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