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So many people are looking for a career that allows them to work at home, especially mothers with babies and young children to look after. That is why you should look into getting a career as a Medical Transcriptionist. It is not difficult to get into this business because the start-up costs are extremely low compared to so many other home-based businesses. Medical transcriptionists are responsible for returning transcribed documents to the physicians or other healthcare professionals who dictated them for review and signature or correction. These documents are especially important because they eventually become a part of a patient’s permanent files that doctors and other healthcare professionals will refer to for years to come. An experienced transcriptionist is able to identify mistakes and inconsistencies in a medical report and make corrections. The ability to understand and correctly transcribe patient assessments and treatments greatly helps to reduce the chance of patients receiving ineffective or even harmful treatments and helps to ensure high-quality patient care. You will need to get an education and earn your degree either through home study with an online school or by attending a local community college. You do not necessarily need a get a degree to start your home business as a medical transcriptionist, but it could make your business just that much more successful if you did get your degree. You will not be able to run your own business as a medical transcriptionist if you do not have the right equipment. You will need a computer, a printer, a transcriber, and some reference books. All of these items can be purchased second hand if necessary, as you will not need the latest technology to get your business started. There are some skills required to be successful as a medical transcriptionist, whether you are doing it at home by yourself or if you want to be hired on at an institution. Outside the basic education, you will need excellent grammar skills, listening skills, basic computer skills and the knowledge to use a word processing program, research skills, the ability to type, you must be detail oriented, be able to work on your own, and have the ability to maintain work deadlines and motivate yourself to get the work done. You will also need some basic bookkeeping skills, which is not too difficult. You will need to keep records for taxes and tax deductions. Having a medical spellchecker and a word expander utility program on your computer will dramatically decrease the amount of typing you will have to do every day. Microsoft Word has these programs available. A medical transcriptionist will usually be paid by the amount of work that is transcribed. Start by charging your clients by the line. For example, if you charge your clients 10 cents per line and type 200 lines per hour, your hourly rate would end up being precisely $20.00. As with any endeavor, owning your own business comes with some drawbacks. Once you have become your own boss, you are responsible for obtaining your own medical insurance, tracking your own taxes, and putting money away for a retirement fund. These types of things tend to be more expensive when you have to get them on your own rather than with the assistance of a large employer. However, there are also many positive things about being your own boss and running your own home-based business. One of the best things about it is the flexibility you have with your time. If you want to work late in the day, you can. If you want to take a day off, that’s completely up to you. If you are a mother with young children, you have the opportunity to spend more time with your family and focus on other parts of your life that are important to you.
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