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Medical Transcription Specialist Salary

Women comprise the majority of Medical Transcription Specialists in the United States. Individuals in this line of work make around $16.79 per hour on average. Most Medical Transcription Specialists like their work and job satisfaction is high. Although a majority have medical coverage and nearly one-half have dental coverage, one-fourth claim no health benefits at all. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$20,769 - $53,500
(Median)
21K
30K
40K
54K
MEDIAN: $30,051
10%
50%
75%
90%

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$10.50 - $23.61
(Median)
11
14
17
21
24
MEDIAN: $16.00
10%
25%
50%
75%
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$18K$36K$54K
Salary
$20,769 - $53,500  
   
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).
)
$22,632 - $49,296  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 14
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
$10.50 - $23.61  
   
Overtime
$18.86 - $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).
)
$22,632 - $49,296  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 53
United States (change)

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.


Salaries for inexperienced workers average out to $31K, and those with five to 10 years' experience earn a higher median of $30K. Medical Transcription Specialists see a median salary of $38K after reaching one to two decades on the job. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $34K.

Experience Affects Medical Transcription Specialist Salaries

Experienced
up arrow 12%

Late-Career
0%

National Average
$34,000

Mid-Career
up arrow 10%

Entry-Level
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 14 votes.

Years of Experience

Less than 1 year
3%
1-4 years
16%
5-9 years
15%
10-19 years
33%
20 years or more
33%

Common Health Benefits

medical benefits Medical: 64% dental benefits Dental: 49%
vision benefits Vision: 43% employee benefits None: 26%