Medical transcription is a very popular option for working at home. Landing that first job after training can be tough, but it's legitimate work once you get going.
But that's the challenge. Getting things going.
The first thing you need to understand about medical transcription is that you need training at the very least, and quite possibly some experience, before you can find that transcription job from home. Most employers will not train you on the job. Due to the sensitive nature of this field, they need people who are prepared to work and dedicated to their jobs.
Before you sign up with any online medical transcription school, you need to research them. You want to ensure that you have a good shot at actually landing a job afterward. Choose a poor quality school and you are less likely to land any job at all.
There are three schools that are commonly recommended by just about any MT discussion board. They are The Andrews School, M-Tec and CareerStep. The first two are considered by far to be the best, but many employers do approve of CareerStep as well. It's also more affordable than the other two, which is a consideration for many potential students.
That good reputation is key to getting a job in this industry. Without it you are going to struggle to find work. Good schools have a solid reputation, and many of them use the HPI training program. They may also offer job placement assistance.
Do not expect to pay just a few hundred dollars for training. Quality training is a bit pricey, and good programs run at least $1000 and often over $2000. This is not a cheap deal.
But what about community colleges, you may ask? Some do indeed have good programs for less, but they generally lack the reputation that helps you to land that ever so hard to find first job. Talk to the school in detail about their placement rate after training if this is the option you would prefer to pursue.
Watch out for companies that claim to give you training with no experience that will lead to a job. There is one company in particular which changes names regularly, which emphasizes its "Christian" character, yet is nothing more than a scam. They require students to purchase software, and then you never get good enough to get paid. The name change can make them hard to identify, but the routine stays more or less the same.
When it comes time to look for actual work, many employers will consider you to be an independent contractor rather than an employee. This is an important difference both at tax time and in how you get your equipment. You may be expected to provide your own, although some companies may send it to you.
As with any work at home job, employers should not expect you to pay for the privilege of applying to work for them. No fees to show that you're serious, for example. They should be clear about how you will get paid. In most cases you will be paid on production rather than hourly, typically a set rate per line. One line is often 65-75 characters in length.
As with any work at home opportunity, medical transcription scams are out there. But if you are careful and do your research, you can avoid these and enjoy a fruitful career.
About the Author: Stephanie Foster worked as a medical transcriptionist for three years and at http://www.homewiththekids.com/medical-transcription/ offers tips on getting into the field. She also shares information on other work at home scams at http://www.homewiththekids.com/scams/
Article Source: http://home-based-business.bestmanagementarticles.com
Showing posts with label Medical Transcription Industry. Show all posts
Showing posts with label Medical Transcription Industry. Show all posts
Thursday, January 15, 2009
Medical Transcription Industry - Looking Out for Scams
Sunday, December 7, 2008
Medical transcription industry to take a hit from US recession
The Philippine medical transcription industry will not be spared from the effects of the global economic slowdown although its share in the global market is small, an executive of a transcription company said Tuesday.
Speaking in one of the sessions at the BPO Summit Philippines 2008, Fred Kumetz, chief executive officer of medical and transcription firm eData Services said that the medical transcription (MT) sector is not immune to the effects of the slowdown in the economy of the United States, where most MT clients are based,
“The belief that medical transcription is recession proof is a fallacy,” said Kumetz.
Kumetz, however, said that the effect of the slowdown in the global MT industry will be “totally insignificant” because the Philippine MT industry is too small to be affected by the financial crisis.
The transcription sector is one of the non-voice sectors of the BPO in the Philippines. In 2007, the sector generated US$197 million and it has grown by an average of 24 percent during the past three years.
Read More Article...
Tuesday, August 19, 2008
Antiguans sign up for medical transcription industry
Scores of young Antiguans turned out yesterday at the Multi-Purpose Cultural & Exhibition Centre to obtain first-hand information in relation to the Antigua and Barbuda Investment Authority’s (ABIA) Medical Transcription project that is to come on stream shortly.
The opening ceremony which was held under the theme “Global opportunity local participation” saw several officials including Minister of Education Bertrand Joseph, Chairperson of the Board of Education Dr. Ermina Osoba and Chairman of the ABIA Board of Management Senator Lenworth Johnson.
Medical transcription is the process whereby voice dictation that details an individual’s medical history is converted to an electronic text format. It has been growing rapidly as a global industry.
During his remarks, Joseph said opportunities will be made available for individuals to do a training course since the Ministry of Education through the Board of Education will be making part scholarships available to eligible people.
Read More Article...
Tuesday, June 24, 2008
Medical transcription firms go through rough patch
MANILA, Philippines -- If there is one business that has been relatively spared by the tripling of crude oil prices and the consequential runaway costs of almost all other commodities including rice and similar food grains, it is the medical transcription industry.
“People -- and Americans are no exception -- still get sick,” says Mila San Juan, managing director of Med Script (MS) Corp., a medical transcription company with its manpower operations center in the country, but with networking relationships in the US.
American doctors and medical care facilities continue to rely on medical transcription as an enabler of public health and safety, requiring patients’ health records to be digitized for easy referencing.
Unmindful of the economic crisis brought about by the multi-billion dollar credit collapse of its housing sector, the demand for medical transcription services in the US continues to grow at double digit pace, last estimated at 18 percent yearly.
Read More Article...
“People -- and Americans are no exception -- still get sick,” says Mila San Juan, managing director of Med Script (MS) Corp., a medical transcription company with its manpower operations center in the country, but with networking relationships in the US.
American doctors and medical care facilities continue to rely on medical transcription as an enabler of public health and safety, requiring patients’ health records to be digitized for easy referencing.
Unmindful of the economic crisis brought about by the multi-billion dollar credit collapse of its housing sector, the demand for medical transcription services in the US continues to grow at double digit pace, last estimated at 18 percent yearly.
Read More Article...
Monday, May 26, 2008
RP medical transcription execs forge ties with US group
MANILA, Philippines--Medical transcription executives based here met personally with the Medical Transcription Industry Association (MTIA) in the US and discussed current industry concerns such as data privacy and certification.
MTIAPI (Medical Transcription Industry Association of the Philippines Inc.) officials met with their US counterparts during the recent MTIA convention in Long Beach, California.
MTIAPI president Myla Rose Mundo-Reyes joined industry leaders from India and the Caribbean in a panel discussion during the said convention.
According to Reyes, the discussion corrected some negative perceptions about offshoring and provided potential clients with enough information on "where to go, who to talk to, and what to consider" when exploring outsourcing opportunities abroad.
Read More Article...
MTIAPI (Medical Transcription Industry Association of the Philippines Inc.) officials met with their US counterparts during the recent MTIA convention in Long Beach, California.
MTIAPI president Myla Rose Mundo-Reyes joined industry leaders from India and the Caribbean in a panel discussion during the said convention.
According to Reyes, the discussion corrected some negative perceptions about offshoring and provided potential clients with enough information on "where to go, who to talk to, and what to consider" when exploring outsourcing opportunities abroad.
Read More Article...
Thursday, April 17, 2008
What Makes a Good Medical Billing and Transcription Company
Companies that provide medical billing and medical transcription services are booming. The question now is, how do you look for the right firm for you? Read the article for a list of traits every good medical transcription and medical billing company must posses.
"In the recent years, the outsourcing industry has expanded to include not just call centers but also companies that provide administration support such as medical billing and medical transcription services. Their promise of lower costs and greater convenience means that more and more health care professionals and organizations are outsourcing some of their back office needs. More than half of transcription needs in fact, are outsourced to offshore companies in countries like the Philippines and India.
With the increasing popularity of outsourcing these allied health professions (it is estimated that more than half of these jobs are outsourced), more and more companies offering medical transcription and medical billing services have started to sprout.
The question now is, how do you find the right outsourcing company for you? What traits do you look for in a company to ensure that you get only the high-value service you expect?
Here is a list of the different traits every good medical transcription and billing company should possess:
§ An effective medical transcription company should have a quick turn around period. Ideally, they should be able to finish a project within 24-72 hours.
§ It should be able to guarantee your privacy and the safety of the information you send them.
§ A good transcription company and billing company should provide nothing short of high-quality work. They should have keen attention to detail and be able to provide accurate transcriptions.
§ Its workforce should be composed entirely of experienced professionals with extensive knowledge of medical terms and technology. The medical transcriptionists should also be able to decipher and understand different accents to ensure greater proficiency and a more accurate output.
§ A good medical billing and transcription company should be able to provide you with 24-hour customer service. They should have capable and knowledgeable customer service agents able and willing to answer your questions any time of the day.
§ To be able to claim that it is able to consistently provide good-quality work, a company must be supported by stable and reliable technology. It must have the capacity to efficiently download and play everything from cassette recordings to digital audio recordings.
§ One of the main reasons (if not the sole purpose) why companies outsource is to cut costs, so a good medical billing and transcription company should be able to provide you with good-quality output without burning a hole in your wallet. Superior service at low costs--- this is what you should get (and expect) from the outsourcing company you plan to hire.
Not all outsourcing companies are created equal, so some will definitely provide better service than others. Look for these different traits when you’re planning to search for an offshore company that can provide you with the medical transcription and medical billing services you need and always get reliable and good-quality service.
Maraya Mullen is a copywriter affiliated with All Medical Resources Company, a provider of medical billing and medical transcription services. Visit their site about more information about this medical transcription and medical billing company.
Source : http://www.buzzle.com/
"In the recent years, the outsourcing industry has expanded to include not just call centers but also companies that provide administration support such as medical billing and medical transcription services. Their promise of lower costs and greater convenience means that more and more health care professionals and organizations are outsourcing some of their back office needs. More than half of transcription needs in fact, are outsourced to offshore companies in countries like the Philippines and India.
With the increasing popularity of outsourcing these allied health professions (it is estimated that more than half of these jobs are outsourced), more and more companies offering medical transcription and medical billing services have started to sprout.
The question now is, how do you find the right outsourcing company for you? What traits do you look for in a company to ensure that you get only the high-value service you expect?
Here is a list of the different traits every good medical transcription and billing company should possess:
§ An effective medical transcription company should have a quick turn around period. Ideally, they should be able to finish a project within 24-72 hours.
§ It should be able to guarantee your privacy and the safety of the information you send them.
§ A good transcription company and billing company should provide nothing short of high-quality work. They should have keen attention to detail and be able to provide accurate transcriptions.
§ Its workforce should be composed entirely of experienced professionals with extensive knowledge of medical terms and technology. The medical transcriptionists should also be able to decipher and understand different accents to ensure greater proficiency and a more accurate output.
§ A good medical billing and transcription company should be able to provide you with 24-hour customer service. They should have capable and knowledgeable customer service agents able and willing to answer your questions any time of the day.
§ To be able to claim that it is able to consistently provide good-quality work, a company must be supported by stable and reliable technology. It must have the capacity to efficiently download and play everything from cassette recordings to digital audio recordings.
§ One of the main reasons (if not the sole purpose) why companies outsource is to cut costs, so a good medical billing and transcription company should be able to provide you with good-quality output without burning a hole in your wallet. Superior service at low costs--- this is what you should get (and expect) from the outsourcing company you plan to hire.
Not all outsourcing companies are created equal, so some will definitely provide better service than others. Look for these different traits when you’re planning to search for an offshore company that can provide you with the medical transcription and medical billing services you need and always get reliable and good-quality service.
Maraya Mullen is a copywriter affiliated with All Medical Resources Company, a provider of medical billing and medical transcription services. Visit their site about more information about this medical transcription and medical billing company.
Source : http://www.buzzle.com/
Tuesday, April 15, 2008
RP seen needing 32000 medical transcription workers by 2010
The country's medical transcription industry needs to increase its workforce threefold to increase its share of the total offshore market valued at around $18 billion.
According to the Medical Transcription Industry Association of the Philippines (MTIAPI), local companies have missed out on lucrative contracts from US outsourcers due to a lack of capacity.
MTIAPI is composed of around 80 medical transcription or MT service providers, mostly small companies with 50 or fewer seats.
"Until a critical capacity of qualified workforce is established, the country will have a hard time attracting interests from big US clients," said MTIAPI president Myla Rose Mundo-Reyes.
Read More Article...
According to the Medical Transcription Industry Association of the Philippines (MTIAPI), local companies have missed out on lucrative contracts from US outsourcers due to a lack of capacity.
MTIAPI is composed of around 80 medical transcription or MT service providers, mostly small companies with 50 or fewer seats.
"Until a critical capacity of qualified workforce is established, the country will have a hard time attracting interests from big US clients," said MTIAPI president Myla Rose Mundo-Reyes.
Read More Article...
Sunday, April 13, 2008
Medical Transcription Training Tips
Medical Transcription still remains one of the best Home-Based Businesses today. There are plenty of job opportunities in this field yet there is still a huge shortage of experienced MTs in the world. The reason for this shortage is because employers look for MTs who have some experience as an MT or some form of Medical Transcription Training from a vocational school, college, or online certificate degree program. If you do not have any experience or any formal training, you better hope you have some good contacts on the inside.
The #1 reason why most people want to get into this field is because this is a professional career where you can make good money at home. MT jobs are readily available with most employers who offer work from home jobs as self-employed independent contractors. The benefits to securing transcription work from the comfort of a home office far outweigh the corporate world of rigid hours, expensive commuting, little flexibility with time off, and the sometimes annoying co-workers, etc. If you wish to have a fighting chance in this industry, I recommend a few Medical Transcription Training Tips to land an MT job.
Medical Transcriptionist Jobs
First of all you want to work with a company that has been around for awhile and knows what they are doing. This can easily be done by calling your local Better Business Bureau to confirm they didn’t just start their business a few months ago. Second, you want to work with a medical transcription training school that has first class mentoring from people that have actually worked as medical transcriptionists before. Third, look for MT schools that have some form of employment assistance with medical transcriptionist jobs; including employer lists, resume tips, job searching techniques, and a school with good employer alliances.
The students who take their medical transcription training seriously and study diligently are the students who get jobs before other students. It doesn’t matter what medical transcriptionist course you take if you don’t get good grades. The reason for this is because nearly all potential employers will test students before they will hire them. If you cannot pass their sometimes difficult test with proficient accuracy, they simply will not hire you. So if your like many other people wanting to get into the Health care industry and dictate medical records as a medical transcriptionist, I would apply these simple tips to secure those appealing work from home jobs.
If you decide to increase your marketability and further your education we recommend visiting Future MT for more information.
Source : Future Medical Transcriptionist Inc
The #1 reason why most people want to get into this field is because this is a professional career where you can make good money at home. MT jobs are readily available with most employers who offer work from home jobs as self-employed independent contractors. The benefits to securing transcription work from the comfort of a home office far outweigh the corporate world of rigid hours, expensive commuting, little flexibility with time off, and the sometimes annoying co-workers, etc. If you wish to have a fighting chance in this industry, I recommend a few Medical Transcription Training Tips to land an MT job.
Medical Transcriptionist Jobs
First of all you want to work with a company that has been around for awhile and knows what they are doing. This can easily be done by calling your local Better Business Bureau to confirm they didn’t just start their business a few months ago. Second, you want to work with a medical transcription training school that has first class mentoring from people that have actually worked as medical transcriptionists before. Third, look for MT schools that have some form of employment assistance with medical transcriptionist jobs; including employer lists, resume tips, job searching techniques, and a school with good employer alliances.
The students who take their medical transcription training seriously and study diligently are the students who get jobs before other students. It doesn’t matter what medical transcriptionist course you take if you don’t get good grades. The reason for this is because nearly all potential employers will test students before they will hire them. If you cannot pass their sometimes difficult test with proficient accuracy, they simply will not hire you. So if your like many other people wanting to get into the Health care industry and dictate medical records as a medical transcriptionist, I would apply these simple tips to secure those appealing work from home jobs.
If you decide to increase your marketability and further your education we recommend visiting Future MT for more information.
Source : Future Medical Transcriptionist Inc
Wednesday, April 9, 2008
RP seen needing 32,000 medical transcription workers by 2010
MANILA, Philippines -- The country's medical transcription industry needs to increase its workforce threefold to increase its share of the total offshore market valued at around $18 billion.
According to the Medical Transcription Industry Association of the Philippines (MTIAPI), local companies have missed out on lucrative contracts from US outsourcers due to a lack of capacity.
MTIAPI is composed of around 80 medical transcription or MT service providers, mostly small companies with 50 or fewer seats.
"Until a critical capacity of qualified workforce is established, the country will have a hard time attracting interests from big US clients," said MTIAPI president Myla Rose Mundo-Reyes.
Read More Article...
According to the Medical Transcription Industry Association of the Philippines (MTIAPI), local companies have missed out on lucrative contracts from US outsourcers due to a lack of capacity.
MTIAPI is composed of around 80 medical transcription or MT service providers, mostly small companies with 50 or fewer seats.
"Until a critical capacity of qualified workforce is established, the country will have a hard time attracting interests from big US clients," said MTIAPI president Myla Rose Mundo-Reyes.
Read More Article...
Monday, March 10, 2008
Medical transcription firms fear further US dollar decline
MANILA, Philippines -- Despite a huge potential market in the United States alone, the medical transcription industry is challenged by the lack of qualified workers and the continued depreciation of the US dollar.
According to the Medical Transcription Industry Association of the Philippines (MTIAPI), the medical transcription or MT market in the US alone is valued at $18 billion. The Philippines, though, serves only one percent of the total outsourced market.
MTIAPI has set a revenue target of $110 million this year and by increasing the country's market share even just three percent, the industry estimates $254 million in less than three years.
Read More Article...
According to the Medical Transcription Industry Association of the Philippines (MTIAPI), the medical transcription or MT market in the US alone is valued at $18 billion. The Philippines, though, serves only one percent of the total outsourced market.
MTIAPI has set a revenue target of $110 million this year and by increasing the country's market share even just three percent, the industry estimates $254 million in less than three years.
Read More Article...
Monday, December 24, 2007
Voice Recognition And Medical Transcription
You’ve probably heard different opinions and views on this subject. If you’re a medical transcriptionist you may even be concerned about voice recognition taking over your career… and you’re not alone.
Let’s dig a bit deeper into voice recognition.
As you already know, doctors are busy people. This is never more obvious then when they’re dictating their notes. It’s understandable they’re busy, and as their MT, I can surely forgive them but will the latest voice recognition software be as forgiving as me?
Not likely.
As a transcriptionist you will have typed through background noise, patients moaning, doctors eating their lunch, personal conversations (oops they forgot the recorder was on) and other incomprehensible noise. Not to mention, ESL doctors with heavy accents and very tired ER doctors after a long shift!
Read More Article...
Let’s dig a bit deeper into voice recognition.
As you already know, doctors are busy people. This is never more obvious then when they’re dictating their notes. It’s understandable they’re busy, and as their MT, I can surely forgive them but will the latest voice recognition software be as forgiving as me?
Not likely.
As a transcriptionist you will have typed through background noise, patients moaning, doctors eating their lunch, personal conversations (oops they forgot the recorder was on) and other incomprehensible noise. Not to mention, ESL doctors with heavy accents and very tired ER doctors after a long shift!
Read More Article...
Thursday, November 29, 2007
New speech recognition technology introduced
Coimbatore (TI): Manila-based SPi, a leading global BPO provider, on Wednesday introduced state-of-the-art Speech Recognition Technology into its transcription platform (Chartnet), at its facility here.
This new technology is considered to be the most advanced in the medical transcription industry and has transformed the Company's facility into a truly world-class one, S N Srinivasan, Director of India Operations, SPi Healthcare, told reporters on Wednesday.
With 40 million lines transcripted across the Globe this year, it would be doubled the next year using this advanced technology, he said.
On the benefits of the technology, Srinivasan said there would be significant improvements in accuracy, 30 to 50 per cent gain in productivity and faster turnaround times and the ability to take on higher volumes of work.
In addition, it would allow the company to advance the careers of its medical language specialists by providing them with higher level skillsets and a greater variety in the work that they are doing, he said.
The company, with delivery centres in Delhi, Chennai Puducherry and Coimbatore in India, would expand its client-base and also employees from the present 1500 across the country.
SPi, which took over a city-based medical transcription company a couple of years ago, would soon acquire two companies- one E-learning and another Multimedia-- in India, Srinivasan said.
Source: http://www.hindu.com/
This new technology is considered to be the most advanced in the medical transcription industry and has transformed the Company's facility into a truly world-class one, S N Srinivasan, Director of India Operations, SPi Healthcare, told reporters on Wednesday.
With 40 million lines transcripted across the Globe this year, it would be doubled the next year using this advanced technology, he said.
On the benefits of the technology, Srinivasan said there would be significant improvements in accuracy, 30 to 50 per cent gain in productivity and faster turnaround times and the ability to take on higher volumes of work.
In addition, it would allow the company to advance the careers of its medical language specialists by providing them with higher level skillsets and a greater variety in the work that they are doing, he said.
The company, with delivery centres in Delhi, Chennai Puducherry and Coimbatore in India, would expand its client-base and also employees from the present 1500 across the country.
SPi, which took over a city-based medical transcription company a couple of years ago, would soon acquire two companies- one E-learning and another Multimedia-- in India, Srinivasan said.
Source: http://www.hindu.com/
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