Medical Transcription Specialist Salary

Medical Transcription Specialists in the United States are largely female. The average salary of the entire group is approximately $17.60 per hour. Most workers in this position report high levels of job satisfaction. Not all workers are lucky enough to have benefits; in fact, just under a third are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by more than two-fifths. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$21,674 - $48,605
$34K
MEDIAN: $34,000
50%

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$12.04 - $25.91
$12
$18
$26
MEDIAN: $17.73
10%
50%
90%

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$0$51K
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).
)
$22,387 - $51,656
  • Country: United States
  • Currency: USD
  • Updated: 14 Sep 2017
  • Individuals Reporting: 8
Hourly Data $0$30
Hourly Rate $12.04 - $25.91
Overtime $30.00
Annual Data $0$51K
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).
)
$22,387 - $51,656
  • Country: United States
  • Currency: USD
  • Updated: 14 Sep 2017
  • Individuals Reporting: 35

Find Out Exactly What You Should Be Paid

United States (change)

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
93 %
Male
7 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.
Less than 1 year
2%
1-4 years
16%
5-9 years
19%
10-19 years
21%
20 years or more
42%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Medical Transcription Specialist Salaries

Experienced
▼0%

National Average
$37,000

Late-Career
▼2%

Mid-Career
▼13%

Entry-Level
▼20%

Skills That Affect Medical Transcription Specialist Salaries

National Average
$37,000

Medical Terminology
▼7%

Typing
▼15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.

Gender

Female
93 %
Male
7 %

Years of Experience

Less than 1 year
2%
1-4 years
16%
5-9 years
19%
10-19 years
21%
20 years or more
42%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 42%
vision benefits
Vision: 26%
no benefits
None: 26%
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