The demand for medical transcriptionists is very high. Like almost every position in the medical arena, the aging and retiring of the baby boomer generation is placing high employment demands on this industry. Offshoring and technology advances are replacing some of these positions, but more jobs are being created regardless.
Wages for medical transcriptionists are good. The median hourly pay rate is $13.05 and the high and low range of the scale is $10.87 at the low end and $17.97 at the high end.
Advancement in this career can take many forms including management, consulting or teaching. The training required also translates well to other medical fields like medical coding, information administration or even nursing and medical assisting.
