Medical Transcription as of Occupational Outlook Handbook, 2008-09 Edition

Significant Points

* Job opportunities will be good.
* Employers prefer medical transcriptionists who have completed a postsecondary training program.
* Many medical transcriptionists telecommute from home-based offices.
* About 41 percent worked in hospitals, and another 29 percent worked in offices of physicians.

Employment:

Medical transcriptionists held about 98,000 jobs in 2006. About 41 percent worked in hospitals and another 29 percent worked in offices of physicians. Others worked for business support services; medical and diagnostic laboratories; outpatient care centers; and offices of physical, occupational, and speech therapists, and audiologists.

Earnings:

Wage-and-salary medical transcriptionists had median hourly earnings of $14.40 in May 2006. The middle 50 percent earned between $12.17 and $17.06. The lowest 10 percent earned less than $10.22, and the highest 10 percent earned more than $20.15. Read more...

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