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Medical Transcriptionist

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AVG. SALARY

$31,550

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EDUCATION

1-2 years post-secondary training

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JOB OUTLOOK

Stable

Real-Life Activities

Real-Life Decision Making -- Solution

You quit your job and work from home.

You thank the doctor very much for his offer, but you decide that your best bet is to decline the promotion and quit the clinic. The doctor is very disappointed and your co-workers are questioning your sanity after turning down such a fantastic offer.

Your reliable paycheck will disappear and your benefits will diminish. But you want to spend more time with your children and your spouse.

You acquire a business license to subcontract work and use your severance money to buy up-to-date medical terminology books, transcription equipment and software.

You then contact several medical transcription companies you know that subcontract work out to medical transcriptionists who work from home. At this point, you are living off savings money and relying on your spouse to pay for the car, the mortgage and other expenses. There is now more tension than there was before.

But work starts to trickle in. You set your own hours and decide what you will and won't do. You also charge by the line, a method that gives you almost the same amount per hour as you were making before.

Mary Quintigliani is a medical transcriptionist who made the decision to work from home. She says it was the right decision for her, especially as a parent.

But everyone must set their own priorities and adapt to whatever work situation they choose.

"I guess it just depend on each person individually, as to how much time you going to put into it and how to make it work," says Quintigliani.


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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.