Medword Resources

Frequently Asked Questions & Answers (FAQs) Page 3

How much do medical transcription courses cost?

Courses offered through community colleges or universities or other in-class learning institutions may range anywhere from U.S.$1,000.00 to over U.S.$3,000.00. This is the most expensive method of learning to be a medical transcriptionist. Correspondence or at-home medical transcription courses are usually less expensive than in-class courses. However, even in the category of correspondence courses there are some that are rather expensive. You are urged to check out all different kinds of programs before you purchase any of them. Be wary of any institutions promising job placement or if they do promise job placement, try to confirm how they place you in a job, how many new MTs they have placed and where they have been placed.

Will I ever need to upgrade my knowledge?

As a medical transcriptionist you will be transcribing medical dictation that involves, usually, the most recent drug names, the latest medical phrases, medical words, equipment, and instruments. Medicine is an ever-evolving science that requires you to stay abreast of all these new things that are being dictated. You therefore will need to stay informed by updating your medical drug and word references and by reading information on new drugs, medical procedures and diseases. This is why Medword dedicates pages solely to lists of medical reference books for MTs. Keeping your knowledge up-to-date will ensure that you are able to provide your client(s) with the best transcription possible.

How do I decide if I should start my own business?

Only you know what is best for you in your own situation. Performing medical transcription at home in your own home-based business is not a "get rich quick" undertaking. If you are an enlightened person, you know there is really no way to get rich without a lot of hard work. Medical transcription is hard work but can be very rewarding both financially and personally. Make no mistake however, if you think that having your own business is a way to sit back and let the money roll in, you could not be farther from the truth. If you are not willing to make personal sacrifices and work smart and/or hard, you are not the kind of person to have your own business.

How do I know if I will be successful in my own business?

Well, no one can answer that except yourself. You might want to answer some very general questions on Medword's BizQuiz page to see, generally speaking, if you have some of the basic traits needed to operate your own small business successfully.

How can I get more questions about a career in medical transcription answered?

You can go to Medword's "MT Gab" Bulletin Board and post your question there after registering as a member, which is free. Experienced MTs read and participate in the board and are usually happy to answer questions.

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