Medical Transcription Specialist Salary

Medical Transcription Specialists in the United States are largely women. The group as a whole has a nationwide average of $16.39 per hour for pay. Although nearly one in four lack health benefits of any kind, more than half do enjoy medical insurance, and over one-half get dental coverage, too. Most Medical Transcription Specialists like their work and job satisfaction is high. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$20,426 - $42,903
(Median)
$20K
$33K
$43K
MEDIAN: $33,384
10%
50%
90%

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$10.66 - $23.25
(Median)
$11
$16
$23
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16K$32K$48K
Salary
$20,426 - $42,903  
   
Bonus
$0.00 - $5,034  
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).
)
$22,557 - $47,773  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 22
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$10$20$30
Hourly Rate
$10.66 - $23.25  
   
Overtime
$20.82 - $29.45  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Bonus
$0.00 - $5,034  
   
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).
)
$22,557 - $47,773  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 62
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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.


Workers in their first five years can expect to earn $29K, but people who have been around for five to 10 years earn a noticeably bigger sum of $34K. Medical Transcription Specialists who work for 10 to 20 years in their occupation tend to earn about $36K. Medical Transcription Specialists who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $35K.

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Experience Affects Medical Transcription Specialist Salaries

Experienced
up arrow 5%

Late-Career
up arrow 2%

National Average
$35,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.

Years of Experience

Less than 1 year
4%
1-4 years
15%
5-9 years
13%
10-19 years
36%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 64% dental benefits Dental: 54%
vision benefits Vision: 48% employee benefits None: 26%
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