The transcriptionist working from home must make a significant investment in equipment and reference materials and be willing to make frequent updates to both in order to keep up with rapidly changing technology and terminology. Careful planning and the advice of legal and financial experts are essential to the success of a home-based business. AAMT advises that the individual considering a home-based medical transcription business first gain experience in a healthcare facility or transcription business under the direction of experienced and qualified medical transcriptionists. It is necessary to understand sound business practices as well. Medical transcription provides unlimited intellectual challenge and the opportunity to make a unique contribution to quality health care and service.
Health care is a rapidly growing industry, and the demand for quality documentation is increasing.
The profession provides a high level of job security, and skilled medical transcriptionists may receive a premium for their services. Because their services are in demand, transcriptionists are often able to arrange convenient and flexible work schedules. Medical transcription is a portable skill that allows for professional and geographic mobility. Age restrictions are seldom found, with great value being placed on the experience and knowledge of the well-seasoned transcriptionist. Medical transcription can be a lifelong, satisfying career, providing the constant challenge of an expanding and advancing technology.