Medical Transcription: What You Need to Know Before Getting Started

Medical Transcription is by definition transcribing dictated medical reports from hospitals, doctor's offices, and clinics. Those who work in this field are often called, MT's. This career involves typing skills and a working proficient knowledge of medical terminology. Those interested can train online through popular schools and many classes are also available through local community colleges.

A career in medical transcription can be very lucrative; however, soon opportunities in the field may be dwindling down. Why? Our good old friend - Technology

Technology has opened the doors for what is being called Voice Recognition Software. This software will transcribe the same audiotapes that MT's spend hours perfecting. Although presently, because of the complex nature of medical terminology, the software does not have a substantial accuracy rate. (About 60-70%) However, in the coming years expect see this accuracy rate reach almost 100% and new MT jobs become almost impossible to find.

However, The Medical Transcription industry wants to hide the emergence of Voice Recognition Software. They will tell you that through 2014 the employment opportunities will be huge. They also promise that profits will be satisfactory and those who get involved now will be able to lay the foundation for a successful career. This may be true until 2014, but what happens then? Many people will find that their work loads will slowly decrease and eventually only those who have been around for decades will be able to keep their jobs steady.

So, what can you do if you're interested in becoming an MT and wish to stay in this career field for many years? Find a specialty. There will always be a need for MT's in editing, small doctor's offices/clinics, and working for the voice recognition software companies.

Another threat to the MT field is outsourcing. There are a number of medical transcription companies in India that are becoming increasingly popular. These companies offer more labor for a cheaper price and this appeals to major companies. However, luckily for American MT's HIPAA (Health Insurance Portability & Accountability Act) rules ensure that medical records need to stay in America; therefore, the majority of health care providers must turn to American's for their medical transcription needs.

So, if you are still interested in trying your hand at a career that can provide you with flexibility and rewarding opportunities? It will be a lot of hard work, but if you are dedicated you can find the position that is right for you. It is important that you are flexible to change because after 2014 you may be required to take on new responsibilities or find a new company to work for.

To begin check out the AHDI (American Association for Medical Transcription) list of approved schools: Click Here!

Good Luck!