Most Medical Transcription Specialists in the United States are women. The median pay for people in this role is approximately $15.74 per hour. Job satisfaction is high and work is enjoyable for most Medical Transcription Specialists. Unfortunately, some people in this line of work are without benefits — nearly two in five lack coverage. On the flip side, slightly more than half have medical insurance and a little less than half receive dental plans. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$21,532 - $44,120
(Median)
$22K
$35K
$44K
MEDIAN: $35,055
10%
50%
90%

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$11.74 - $20.31
(Median)
$12
$16
$20
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15K$30K$45K
Salary
$21,532 - $44,120  
   
Bonus
$1,350  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$23,421 - $42,822  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 18
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$8$16$24
Hourly Rate
$11.74 - $20.31  
   
Overtime
$20.63  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16K$32K$48K
Bonus
$1,350  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$23,421 - $42,822  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 38
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Job Description for Medical Transcription Specialist

  • Translate medical jargon and abbreviations into their expanded forms.
  • Transcribe, review and input dictation for a variety of medical reports such as patient histories, consultation, or discharge summaries.
  • Identify and return any record errors to physician for correction.
  • Produce medical reports, records, statistics, and administrative material.

Medical Transcription Specialist Job Listings

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Pay by Experience Level for Medical Transcription Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Medical Transcription Specialists, extensive experience does not lead to significantly more money. Although individuals who have less than five years' experience earn $30K on average, people with five to 10 years benefit from a notably larger average of $34K. Medical Transcription Specialists bring in $36K after working for 10 to 20 years. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $37K on average.

Related Job Salaries

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Experience Affects Medical Transcription Specialist Salaries

Late-Career
up arrow 6%

Experienced
up arrow 4%

National Average
$35,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 14%

Skills That Affect Medical Transcription Specialist Salaries

Medical Terminology
up arrow 4%

National Average
$35,000

Typing
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.

Years of Experience

Less than 1 year
5%
1-4 years
13%
5-9 years
21%
10-19 years
30%
20 years or more
30%

Common Health Benefits

medical benefits
Medical: 54%
dental benefits
Dental: 46%
medical benefits
Vision: 39%
dental benefits
None: 39%
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