How Much Do Medical Transcriptionists Earn?
Question: Can you tell me how much medical transcriptionists earn? Are they paid on an hourly basis or are they paid a salary? If you had a choice, how would you prefer to be paid? Thank you. Hillary Answer: Great question, Hillary. I wondered the same thing when considering becoming a medical transcriptionist. I’ll share what I learned researching online medical transcription courses, and what I know now after being in this business for about seven years. Most national companies pay their transcriptionists by the line produced, which is known as CPL (cents per line). Some companies’ pay starts at $0.06 per line and some may pay as much as $0.11 per line, and this usually depends upon experience and credentials. There is another variable, which is number of characters considered to be a “line.” Some companies pay based on 55 characters per line, some 60, and some 65. Obviously, you would prefer working for the company that pays based on the fewest characters per line. To build speed an
