Choosing a good Medical Transcription program 3
How To Choose A Good Medical Transcription Training Program
What are the Results of Poor School Choice?
It is a fact that even if graduates of subpar programs are able to pass an employment test and get hired they have a very hard time on the job. This is because they lack a comprehensive understanding of medical language. Sure, they may know some basic anatomy and terminology; however, they lack a clear understanding of what is being said. How would this effect their potential income and job security? Well, MTs are paid based on production. In other words, most MTs are paid according to how much they are able to transcribe in a day. Most companies have minimum quotas for the amount of work they want each MT to produce in a day. If a new MT has to stop and look up every other word because they do not understand the context or content of the dictation, they are not going to be able to meet the company's minimum quotas. This happens a lot to new MTs who are poorly trained. See a comparison of two new MTs and one experienced MT and their daily production :
MT ID #: Company required daily line count Daily pay @ .07 cents Of 1,200 lines per day: per line. NEW MT #1- 1,250 lines done for the day. $ 87.50
NEW MT #2- 600 lines done for the day. $ 42.00
MT #3 - 2,000 lines done for the day $140.00 (Has experience)
Which of these MTs would you like to be? As you can clearly see, MT #2 is not making very good money. If both MT #1 and #2 worked the same amount of hours that day, why the difference in pay? Maybe MT #2 had to stop many, many times during the day to look up simple medical words. MT #2 is not going to be very happy with her paycheck at the end of the day. Also, MT #2 is at risk of losing her job because she is FAR below the company's minimum production standard for the day. However, it is possible that MT #2 feels that she got a great deal on her MT education because it cost under $1,000 and only took her 4 months to complete the entire program. MT #3 has about a year and a half of experience and is clearly making good money. Most new MTs are hired and then put on a probation period where all of their reports are checked by an editor or quality assurance person. Most companies allow between 30-90 days for a new MT to get up to production standards in terms of production and quality. If the new MTs work is not up to company standards by that time it is likely they will be let go. This happens every day to new MTs. Being serious about getting a thorough education will avoid this problem. Investing now in a good education will assure that you can start out in the workplace ready to handle difficult dictation with ease.
About the author:
Dawn Moreno resides in Miami, FL and is the Director of MTACC, an on-line medical transcription school. She is married w/one Chihuahua and two cats and is pursuing her doctoral degree at this time.
What are the Results of Poor School Choice?
It is a fact that even if graduates of subpar programs are able to pass an employment test and get hired they have a very hard time on the job. This is because they lack a comprehensive understanding of medical language. Sure, they may know some basic anatomy and terminology; however, they lack a clear understanding of what is being said. How would this effect their potential income and job security? Well, MTs are paid based on production. In other words, most MTs are paid according to how much they are able to transcribe in a day. Most companies have minimum quotas for the amount of work they want each MT to produce in a day. If a new MT has to stop and look up every other word because they do not understand the context or content of the dictation, they are not going to be able to meet the company's minimum quotas. This happens a lot to new MTs who are poorly trained. See a comparison of two new MTs and one experienced MT and their daily production :
MT ID #: Company required daily line count Daily pay @ .07 cents Of 1,200 lines per day: per line. NEW MT #1- 1,250 lines done for the day. $ 87.50
NEW MT #2- 600 lines done for the day. $ 42.00
MT #3 - 2,000 lines done for the day $140.00 (Has experience)
Which of these MTs would you like to be? As you can clearly see, MT #2 is not making very good money. If both MT #1 and #2 worked the same amount of hours that day, why the difference in pay? Maybe MT #2 had to stop many, many times during the day to look up simple medical words. MT #2 is not going to be very happy with her paycheck at the end of the day. Also, MT #2 is at risk of losing her job because she is FAR below the company's minimum production standard for the day. However, it is possible that MT #2 feels that she got a great deal on her MT education because it cost under $1,000 and only took her 4 months to complete the entire program. MT #3 has about a year and a half of experience and is clearly making good money. Most new MTs are hired and then put on a probation period where all of their reports are checked by an editor or quality assurance person. Most companies allow between 30-90 days for a new MT to get up to production standards in terms of production and quality. If the new MTs work is not up to company standards by that time it is likely they will be let go. This happens every day to new MTs. Being serious about getting a thorough education will avoid this problem. Investing now in a good education will assure that you can start out in the workplace ready to handle difficult dictation with ease.
About the author:
Dawn Moreno resides in Miami, FL and is the Director of MTACC, an on-line medical transcription school. She is married w/one Chihuahua and two cats and is pursuing her doctoral degree at this time.
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