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MEDICAL TRANSCRIPTION Q&A WITH
MILA SIDMAN
 

1) Who is the product for?
This product is for anyone who is interested in starting
their own medical transcription business or work as a
medical transcriptionist. So it can be for anyone just
starting out but has also helped experience MTs find new
accounts and expand their business.


2) How is this different than medical billing?
I’m not a medical biller but from what I understand is
medical billing has to due with coding and insurance
payments. The medical biller puts medical codes on the
reports so that the insurance companies can process and pay
them. Medical transcriptionists transcribe medical reports
dictated by physicians but don’t really have any knowledge
of coding or billing. They are two separate things
altogether. So for example, I wouldn’t know how to do
medical billing or coding without taking a course or
training class.


3) What exactly are they going to learn?
This product will give them a business overview of medical
transcription. How to register their business, open a bank
account, file taxes, hire subcontractors, find accounts,
deal with doctors, what equipment they may need and so on…
everything they will need to start their own medical
transcription business. It also gives an overview of
medical terminology and frequently used medical
abbreviations, it’s a clear explanation of how medical
terminology works.


4) Why did you create this product?
I mentor a lot of people through my website AskTheMT.com
and after many requests for help and information I decided
to put all that information into one product that would
help anyone interested in this field.


5) Can you really make a living doing this?
Absolutely. You do hear talk sometimes that it isn’t easy
to find a job, but this is just not my experience. I had
plenty of work and I have many MT friends who are never
short for work, many have to turn work away. And as the
national companies start to play an even bigger role in
medical transcription they are always short of good
qualified MTs. Finding work is just not an issue in this
field.


6) How long can they expect it to take before making
money doing this?

They will need to learn medical terminology and other
medical transcription basics such as improve their typing
speed. An online course can take anywhere from 6 months to
a year depending on how fast they learn or their commitment
to this course. Once they graduate they should be able to
start working right away. A few online schools will
provide you with work assistance once you finish your
course. I have a full review of the school I recommend
here: http://www.askthemt.com/virtual-learning-center-
review.html


7) Do you have any testimonials I can use?
Yes, you can use any of the testimonials on the site. I
am putting together a few more and will send them to you
soon.


8) Pitfalls they may encounter.
They may find the medical terminology foreign at first and
there is a learning curve especially if you’ve never done
this before. But with a little perseverance it does get
easier. I give some good tips in The Complete Medical
Transcription System which really helped me learn and
memorize my medical terminology terms.


9) Benefits of this profession.
Tons. You can work from home, you have total flexibility
in that you can work for yourself or an online service, a
local hospital or a combination of all. There are many
different opportunities and if your choice is to work in a
hospital setting you can do that. If you prefer to work
from home but not have your own business you can do that
too. And of course you can choose to start your own
business with very little start up costs and a quick return
on investment.


10) Is it difficult to find work?
No, not in my experience or the experience of my circle of
colleagues/friends. You may have to pay your dues for a
little while and work for a little less pay per line for an
online or national company but with any profession you need
to gain experience before you can expect higher pay. In
medical transcription working for a company to start that
will give you lots of experience in different specialties
is a smart investment and you’ll still make decent money.


11) How difficult is the work? What are some good traits
to have to be successful?

It is as difficult as you make it. Yes there is a certain
degree of learning, as there is with everything else but it
is not overly difficult. I tell a story in my book where
when I started I had the worst typing speed in my class and
in fact I didn’t even know how to get around a basic word
processor program. I didn’t even know how to cut and
paste! So if I can do it, then you certainly can too.

What I find really helps in this business is to have a lot
of common sense. You will use it on a daily basis. This
isn’t a profession where everything will be cookie cutter
and laid out for you in specific rules. The “rules” change
constantly and that is where your common sense will need to
come in. Although you will have a basic structure on how
to do things you need to be flexible. All good medical
transcriptionists apply a lot of common sense to their work.

The only thing I will add is that in my personal
experience this career choice really opened a lot of doors
for me. I was a single mom and desperately needed to find
work that would support my son and I and medical
transcription was it. I didn’t have to struggle to pay the
bills and I had a lot of flexibility which is often
necessary if you’re raising a family.

This career may not be for everyone. There were several
people in my class when I took my course who dropped out
and absolutely hated it but if you’re one of the many that
enjoy it you’ll find this is a great career choice with a
lot of earning potential and flexibility.

 
 

 

 

 


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