The Truth About Home Based Medical Transcription Work
Here are the truths about medical transcription that you can use as a guide if you are thinking of going into this industry and taking up proper medical transcription training.
1. The medical transcription sector is growing.
This is true. Along with the global increase in demand for health care services, the transcription sector is also growing. As more and more patients require proper health care, the efficient recording and retrieval of patient’s records, analysis and doctor recommendations is becoming more critical to performing fast and accurate service. This caused an increase in demand for well trained medical transcriptionists.
Since technology is the primary platform when doing transcription tasks (connected computers and data access and retrieval), it can be performed in any location as long as those who perform the transcription have fast and dependable way to receive audio recordings, process the recordings to text format and send it back to the source of the audio recordings.
This gives rise to work at home transcriptionists who have dependable internet connection, fast computers at home, and have the necessary transcription equipments.
2. You don’t need to become a certified medical transcriptionist.
At present, a valid certificate is not yet a government mandated requirement when applying for medical transcription job though it is ideal to get certified since it will add to your reputation. On most occasions hospitals and companies hiring medical transcriptionists won’t even ask if you are or not a certified medical transcriptionist. What matters most is you have the proper training and appropriate work experience.
3. Medical Transcription Job requires specialized knowledge.
Some people may say that performing a transcription task is easy and won’t require proper knowledge or can be easily learned. This is wrong. The truth is a transcription jobs require specialized knowledge. Sure, using a computer and word processing software is easy but that doesn’t mean you can easily adapt to the language used by doctors. Converting the audio recordings to its text equivalent will require a working knowledge of all the medical terms, procedures and human anatomy. Most of the audio to be transcribed will contain medical abbreviations, and the transcriptionist is required to understand these abbreviations and medical terms.
4. You need proper education.
Similar to what I mentioned above, a transcription job will require specialized knowledge. So, if you are really thinking of starting a career in this industry then be prepared to take formal training. Proper education is required when you’ve decided to start a transcription career and presently you have two options for training. One is to take the training online (which will allow you to study at your own pace at the comfort of your house). Online training usually take up to 8 months to 1 year. If you want classroom interaction then you can apply for an on-campus training which on average will take you up to two years to finish.
5. Medical Transcription is not a get rich quick scheme.
Just to make sure that we are on the same page, keep in mind that a transcription job is not a get rich quick scheme.
So if on your search for a medical transcription job you bump into an ad that tells you how you can make money overnight with medical transcription even for those without experience and ask you to pay them for a list of where to apply, then it should turn-on a red light.
A medical transcription job is something you’ll have to study for or have years of experience doing before you can apply for available jobs or become a home based transcription professional.
Medical Alert Systems and In Home Care Can Combat Rising Healthcare Costs
A medical alert system can bring children of aging parents the peace of mind of knowing that their parents, who may live alone, can reach help if they experience a fall or other accident. The most common reason for purchasing a medical alert is wanting to make sure that an elderly loved one who is generally able to live independently is able to reach help when they need it. But can this tool for independent living also be a weapon in the fight against rising healthcare costs in the United States?
The population of the United States includes 39 million individuals over the age of 65 as of 2008, and by the year 2030, this number is expected to skyrocket to 72 million, as “Baby Boomers” reach the age of 65.
So, the aging population is growing. The individuals of the “baby boom” generation are reaching senior age, causing the senior population to increase dramatically. Not only that, but healthcare advances have allowed people to live longer; there are many more people reaching their 80s, 90s and even past 100. Those who reach these ages are, on average, suffering a large number of physical ailments and as a consequence, they consistently incur high medical expenses.
More seniors, fighting more physical ailments means a higher healthcare cost amongst our increasingly senior population. In fact, by the year 2030, health care for seniors is predicted to account for 25% of all the nations health care expenditures.
This is where a medical alert system can help. The price of equipment rental and monitoring can be less than $1 per day; a long hospital stay costs much more than that. The longer a senior waits to receive help after a fall, the more complications they will experience.
If a senior citizen falls, and is unable to summon help within the first hour, they are extremely likely to lose their independence, and most in this situation are ultimately placed in nursing homes.
With a medical alert system, an individual can get quick help, which often eliminates the need for a lengthy hospital stay, and prevents seniors from experiencing complications from their fall that land them permanently in a nursing home or care facility.
In conjunction with in-home care provided either by a professional service or a member of the seniors family, a medical alert system can keep an elderly individual out of a hospital, out of a nursing home, and can extend the amount of time in which he or she can live at home safely.
The average cost of nursing homes can top an average pricetag of $83,585/year, or $229/day. A medical alert system rental and monthly monitoring service costs less than $1/day.
While the rapidly rising population of seniors in the United States as well as recent changes to Medicare almost certainly guarantee a drastic spike in healthcare costs, this increase can be slowed. Preventative measures are the key to lowering healthcare costs in the United States, as it decreases the amount of costly emergency care and the many expenditures that come when an individual is no longer able to live in their homes.
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