Is Medical Transcription a Good Home Based Business?

Overview of Medical Transcription Work

Medical transcription is one of the best work from home jobs that pays well if you have some knowledge in the medical field. It offers the opportunity to work independently in a quiet environment for an income that is not salary-based.

Requirements and Training

Getting certified in medical transcription is beneficial for employment opportunities and salary increase. Knowledge of medical terms, procedures, and anatomy is essential for converting audio recordings to text. Training duration varies from 4 to 18 months, with online schools completing training in about 4 months.

Income and Job Responsibilities

The average yearly salary for medical transcriptionists is around $32,000. Physicians utilize digital dictations sent over the Internet, with reports uploaded directly to the client’s server. Speech recognition software is also used to create report drafts that require final review and editing by transcriptionists.

Starting a Medical Transcription Business from Home

To initiate a home-based medical transcription business, you need a good understanding of medical terminology, dedication, and discipline. Certification, though not mandatory, can enhance opportunities and potential income. Training, equipment such as a computer and transcriber, as well as reference materials, are necessary to begin.

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