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Medical transcription as a career

MTIA (the professional organization for transcription service owners) did a survey of their members November 2006. A total of 31 companies responded with the following statistics: Number of new transcription positions projected for the next 12 months: 31 respondents projected 1333 new positions Do you expect volumes to increase over the next 2 years? Yes 29 respondents 94% No 2 respondents 6%Do you expect staffing needs for medical transcriptionists to increase over the next 2 years? Yes 28 respondents 90% No 3 respondents 10%Number of current open transcription positions: 31 respondents have a total of 442 open positions The Department of Labor's Bureau of Labor Statistic's Occupational Outlook Handbook: http://www.bls.gov/oco/ocos271.htm DOL states: "Employment of medical transcriptionists is projected to grow faster than average for all occupations through 2014. Demand for medical transcription services will be spurred by a growing and aging population. Older age groups receive proportionately greater numbers of medical tests, treatments, and procedures that require documentation. A high level of demand for transcription services also will be sustained by the continued need for electronic documentation that can easily be shared among providers, third-party payers, regulators, consumers, and health information systems. Growing numbers of medical transcriptionists will be needed to amend patients’ records, edit documents from speech recognition systems, and identify discrepancies in medical reports." Definitely share that link with your administration. The Department of Labor predicts an increasing need for transcriptionists. The service owners can't fill their vacancies now - let alone in the future. Add to that our aging workforce (5 years ago a membership survey showed that the large majority of our members were age 40 and over). We are definitely struggling with a shortage of QUALIFIED medical transcriptionists. Qualified is the key word here. Schools that are pumping out students that can't work, aren't addressing the need. We need good quality (approved!) programs that will produce good quality transcriptionists to address this growing issue.

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