Is medical transcription a good home-based business?
Many popular publications sing the praises of medical transcription as a home business, citing the potential for high income with little investment. Courses in medical transcription are proliferating, some offering quick fixes for students interested in becoming business owners. Failure to make the investment in quality education can result not only in business failure but also in shoddy documentation for the real client, the patient. Most often rumors circulating about how much money is involved seem to be the driving force behind the desire to be an independent MT contractor. Experienced MTs are lured by the enhanced paycheck(s) every month, compared to someone working “in-house,” but this is fallacy. If you are working with a MT service provider, in addition to workspace, equipment, and supplies, your employer is contributing to your salary in the form of perks and benefits. For most independents there is no sick or vacation time; or medical benefits, insurance or provident fund sch
