Medical Transcription Specialist Salary

The larger portion of Medical Transcription Specialists in the United States are women. Median pay in this female-dominated area goes for around $17.46 per hour. Although slightly less than a third lack health benefits of any kind, a strong majority do enjoy medical insurance, and just over two-fifths get dental coverage, too. The majority of Medical Transcription Specialists claim high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.
Read More
$22,440 - $48,605
$34K
MEDIAN: $34,000
50%

Add this chart to your site: 640px    300px

$11.96 - $26.13
$12
$17
$26
MEDIAN: $17.46
10%
50%
90%

Add this chart to your site: 640px    300px

$0$52K
Salary $34,000
Bonus $1,100
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).
)
$23,193 - $52,029
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 8
Hourly Data $0$30
Hourly Rate $11.96 - $26.13
Overtime $30.00
Annual Data $0$52K
Bonus $1,100
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).
)
$23,193 - $52,029
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 33

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Medical Transcription Specialist

  • Identify and return any record errors to physician for correction.
  • Produce medical reports, records, statistics, and administrative material.
  • 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.

Medical Transcription Specialist Job Listings

Pay by Experience Level for Medical Transcription Specialist

Pay by Experience for a Medical Transcription Specialist has a positive trend. An entry-level Medical Transcription Specialist with less than 5 years of experience can expect to earn an average total compensation of $29,000 based on 12 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Medical Transcription Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $32,000 based on 13 salaries. An experienced Medical Transcription Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $36,000 based on 18 salaries. A Medical Transcription Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $36,000 based on 14 salaries.

Medical Transcription Specialist Advice

Q: What is it like working as a Medical Transcription Specialist?

Medical Transcription Specialist in Rockwell:
"Don't Get Too Comfortable."
If you're unsure about anything, look it up!

Medical Transcription Specialist in Colorado Springs:
"Formal educational training."
It is beneficial to have a 2-year degree at the associate level in medical transcription as the courses prescribed for this career/profession are well-rounded which includes majority of the courses in allied health I.e. Medical terminology, anatomy and physiology, medicolegal, etc and then computer or transcription skills in voice recognition and electronic medical record. In addition to medical records and coding.

Related Job Salaries

Key Stats for Medical Transcription Specialist

Gender

Female
92 %
Male
8 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.
Less than 1 year
5%
1-4 years
12%
5-9 years
20%
10-19 years
22%
20 years or more
41%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Medical Transcription Specialist Salaries

Experienced
▲1%

National Average
$36,000

Late-Career
▼1%

Mid-Career
▼12%

Entry-Level
▼19%

Skills That Affect Medical Transcription Specialist Salaries

National Average
$36,000

Medical Terminology
▼5%

Typing
▼13%

Job Satisfaction

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

Gender

Female
92 %
Male
8 %

Years of Experience

Less than 1 year
5%
1-4 years
12%
5-9 years
20%
10-19 years
22%
20 years or more
41%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 44%
vision benefits
Vision: 28%
no benefits
None: 28%
ADVERTISEMENT