At-home medical transcription simply means doing the medical transcription from home and not from any company's office.
It is a topic of debate whether a medical transcriptionist working from home earns more than one who is working from a company. Actually, this is a situational thing and depends on the conditions in which a medical transcriptionist is working. Both things have their own advantages and disadvantages.
According to AAMT, about 25% of medical transcriptionists prefer to work from home, which shows the popularity of work from home medical transcription.
Advantages of at-home medical transcription jobs:
It can be true that a medical transcriptionist who is working from home is earning more than a person who has a fixed salary. This is because people doing medical transcription jobs at home are paid on line-count basis, and the salaried person gets a fixed salary irrespective of the volume of work he/she is doing. So, if an at-home medical transcriptionist does more line count, he gets paid more but the same may not happen with the salaried medical transcriptionist.
At home, you can choose your working hours as per your convenience. If you feel that morning is convenient for you than afternoon, you can work in the morning or if you have some work to do in the morning on a particular day, you can work in the evening or night as per your convenience. At home, you are your own boss. If you want to sleep for some time, go and sleep, get refreshed and start working again.
You can accept work from different companies, so that you do not need to rely on one particular medical transcription company for your work.
A salaried person may need to work in shifts including night shifts but while working at home, there will be no shifts for you.
At-home medical transcription is best suitable for housewives who have to take care of their home and at the same time earn some money.
Disadvantages of at-home medical transcription jobs:
As you will be working alone at home, you may find it boring and depressing after a few days. Lots of people leave at home medication transcription for this reason. In this profession, you frequently need help of others to crack some blanks or clear the doubts. So, you should be able to work independently.
The solution for this is that you can find some similar at-home medical transcriptionists and work in a group.
Some companies do not pay on time or sometimes do not pay at all. You should be very careful while choosing the company you will be working with.
You will not get the facilities that you would have been with working in an established company e.g. paid leaves, meals, health insurance, provident funds, etc.
Your working place should be quiet and there should be no disturbance as this profession requires a very high level of concentration.
In general, there is less work for medical transcriptionists in the month of December and January. So, for at home medical transcriptionists, it is actually the time of recession as they are pain on per line basis. So, less work means less money.
Useful tips for medical transcriptionists doing at-home medical transcription:
Maintain your computer system in good working condition. Get the high-speed internet connection in the market. Use good quality hardware and especially keyboard. Get your computer services frequently by a professional.
If you are doing at home medical transcription, work for at least two different companies. So if you get no work from one company, you will get it from other. If you are not paid on time by one company due to some reason, then you will have a chance of getting paid by other one.
Get a client which is very easy and will give you a very high line count in less time. It is a decisive factor and makes a big difference over a salaried medical transcriptionist. So try every possible thing to get it.
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