What's the Salary for Entry-Level Medical Transcription Jobs?

Read on to find out more about a career in medical transcription and how much you can earn. Explore the various factors affecting medical transcriptionist salaries, and review a job description for this position. Schools offering Medical Transcription degrees can also be found in these popular choices.

Job Description

Healthcare professionals usually record important information with voice recordings in order to save time. It is your job to take these recordings, listen to them and transcribe them with a word processing program. As you listen to a recording, you'll copy down all the information you're hearing, pausing when necessary to edit what you've written for clarity and grammar.

The types of reports you can work with include examination assignments, discharge notices, consultation meetings, autopsies and many more. You have a variety of employment options, since medical transcriptionists are needed in government facilities, doctor's offices, hospitals, clinics and medical libraries. You could even work out of your own home if your employer allows you to telecommute.

Important Facts About This Occupation

Similar Occupations Court reporters, medical assistants, and information clerks
On-the-job Training None
Entry Level Education Postsecondary degree award
Key Skills Writing, computer and listening skills

Source: U.S. Bureau of Labor Statistics

Salary Overview

The U.S. Bureau of Labor Statistics (BLS) reported that the median income for medical transcriptionists was $34,770 in May 2018 (www.bls.gov). The lowest-paid 10% earned $21,840 at that time, while the highest-paid 10% made around $51,780. In comparison, PayScale.com in June 2019 noted that the median salary for these professionals was $32,861 and that the salary range for most within this career was $19,000-$49,000. PayScale.com also reported that the median for medical transcriptionists with 1-4 years of experience was $30,681.

Salary by Employer

According to the BLS, business support services, physicians' offices, medical and surgical hospitals, the offices of other health practitioners, and employment services were the five industries with the highest employment levels for medical transcriptionists in May 2018. The BLS noted that those employed in business support services earned an average of $31,380, while those who worked in physicians' offices average $37,700. The other three industries listed above respectively paid $40,870, $35,900 and $33,890 in mean annual wages. These figures, however, included both entry-level and experienced positions.

Some top-paying industries for these workers included local government; accounting, tax preparation, bookkeeping, and payroll services; and medical and diagnostic labs. The BLS reported May 2018 average wages for these industries of $44,150, $43,490, and $42,120, respectively.

Salary by Location

According to May 2018 salary info from the BLS, average salaries for the five states employing the most medical transcriptionists were $35,440 for Florida, $40,480 for California, $36,780 for Texas, $34,110 for Virginia and $38,770 for Pennsylvania. Alaska ranked number one in the list of the highest-paying states at that time with an average salary of $49,420. Four other states with high average wages included New Jersey ($44,200), Minnesota ($43,200), Maryland ($43,070) and New York ($42,020). The lowest-paying states, such as Idaho and Montana, had average wages of $25,070-$32,830.

Job Outlook

Jobs in this field were expected to see a 3% decline from 2016-2026, reported the BLS. This employment decrease is a result of the technological changes in the way medical transcription is done. The increased use of speech recognition software means fewer transcriptionists will be needed in the future.

The Association for Healthcare Documentation Integrity offers the Registered Medical Transcriptionist and Certified Medical Transcriptionist designations. These require that you demonstrate your knowledge of the field through examinations, continuing education and work experience.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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