Medical Transcription Specialist Salary

Women make up the vast majority of Medical Transcription Specialists in the United States. The average pay in this industry is approximately $17.01 per hour. Although a majority have medical coverage and the greater part have dental coverage, close to one-fourth claim no health benefits at all. For the most part, Medical Transcription Specialists enjoy their work and report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.
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$21,331 - $44,514
(Median)
$21K
$34K
$45K
MEDIAN: $34,157
10%
50%
90%

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$11.57 - $23.28
(Median)
$12
$17
$23
MEDIAN: $17.00
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$17K$34K$51K
Salary
$21,331 - $44,514  
   
Bonus
$0.00 - $5,051  
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).
)
$23,821 - $48,287  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 25
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$12$24$36
Hourly Rate
$11.57 - $23.28  
   
Overtime
$1.51 - $35.12  
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$24K$48K$72K
Bonus
$0.00 - $5,051  
   
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).
)
$23,821 - $48,287  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 61
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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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Medical Transcription Specialists report a focused set of job skills. Medical Terminology and Typing are considered valuable skills and can increase employee pay. Skills that are correlated to lower pay, on the other hand, include Typing.

Pay by Experience Level for Medical Transcription Specialist

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


Survey participants with less than five years' experience pocket $31K on average, but those with five to 10 years of experience enjoy a much bigger median of $35K. Medical Transcription Specialists claiming one to two decades of experience make an estimated median of $38K. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Medical Transcription Specialists report making only $37K on average.

Related Job Salaries

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Experience Affects Medical Transcription Specialist Salaries

Experienced
up arrow 6%

Late-Career
up arrow 4%

National Average
$35,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 11%

Skills That Affect Medical Transcription Specialist Salaries

Medical Terminology
0%

National Average
$35,000

Typing
up arrow 12%

Job Satisfaction

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

Years of Experience

Less than 1 year
3%
1-4 years
15%
5-9 years
14%
10-19 years
37%
20 years or more
30%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 56%
medical benefits
Vision: 53%
dental benefits
None: 24%
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