Medical Transcription Salary Outlook

So how much can an MT actually make?

MT salaries can vary greatly, and your actual earnings will depend on a few different factors. For example, an MT who works from home and has her own accounts will usually make more money than an MT who works for an online service or at a traditional job setting.

According to the U.S. Department of Labor the average earnings for MTs in the year 2004 was between $11.50 and $16.32 per hour. MTs in the higher earnings range (10%) earned $19.11 per hour.

Now, keep in mind that's just a statistic. How much you actually earn can vary greatly and it's really difficult to come up with a "true" earnings statistic.

If you work from home on your own accounts there may be months where you have extra work and months when you have less. Your earnings could also differ dramatically from another fellow MT who works from home on her own accounts.

A great advantage about having your own MT business is you can truly have control over your earnings. The more accounts you have, the more money you'll make.

As your business grows you can hire subcontractors and take on even more work. There really is no limitation in how large your business can grow.

You may also choose to have a smaller and easier to handle business. You can always work a little extra to increase your earnings, or simply take on the amount of work that suits your needs.

If you have a home based MT business and you do all the work yourself, you can make anywhere between $20,000 a year to $50,000 a year. A larger transcription service, which hires subcontractors can earn between $50,000 a year to $200,000 and upwards.

Medical transcription jobs outside the home can vary just as much, depending on where you live. Earnings can be from $9.00 per hour to $22.00 per hour.

It's really difficult to say exactly how much your medical transcription salary will be. But one thing to keep in mind is the earning potential is there and there are many opportunities for you to take.

This is TRULY a business which allows you to have control over how much you earn.

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How to Pick Your Medical Office Scheduling Software

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If you feel like your doctor's office has become too busy for you to keep up with the demands of scheduling and you have decided to start shopping around for medical office scheduling software there are several things to keep in mind. While there are many programs out there that will make your office run more efficiently, not all scheduling programs were created equal. Avoid finding yourself just as overwhelmed after having spent money on what you thought was a good investment.

When selecting a medical office scheduling program make sure it is actually better than the appointment log you are currently using. Too many of the so called scheduling programs are nothing more than an electronic calendar; all it really does is list when your appointments are. For that you can just keep using the log you already have.

A good medical office scheduling system will have features that will help to keep you and your office more organized. Features like QuickBooks synchronization can save you a significant amount of time. No longer will you have to waste time putting the information you need in twice. Another great feature to have is the ability to set up reminders so you never miss an upcoming appointment.

These programs were designed with the technologically challenged in mind. They are extremely user friendly and if you are capable of inputting some basic information you can easily learn how to use the program.

Look around to find the best product for you, if you have narrowed it down to just a few programs and aren't able to decide consider getting a few free trials. This will give you the chance to test the waters and see if you truly love the program before you buy. With a little time you'll have the perfect program for you.

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