Hi, I hope you check back and find this posting. I am a medical transcriptionist who works from home. I have been for 2-1/2 years. Yes, the companies you see who want you to PAY for a job are SCAMS! Stay away from them. There are literally thousands of MT companies out there that are very reputable. You need to go to an MT school first though before most will even think about hiring you. Online schoosl have the best reputation for working from home. Most online MT companies don't know what type of an education we get from our local community college so won't hire us with a certificate from them. And in fact, most community colleges don't have even half the amount of practice transcription that online schools do. I went to Career Step. (www.careerstep.com
) Andrews and M-Tec are also very good and all 3 have a great reputation amoung national MT companies. Career Step is the cheapst. Andrews and M-Tec are very pricey, in my opinion, and their grads are not offered any more money than Career Step grads. You can make a very decent living doing MT at home, but it is not necessarily easy. Some of the doctors are terribly hard to understand and you get paid by the line. Starting pay is usually between 6 and 7 cents per line. Generally you do not get an annual raise. The only way you can make more is to do more lines per hour.
I work for two MT companies because the work is basically feast or famine. Either I am super busy or there is nothing to do, so having two jobs helps to even it all out.
You can do it!! If you want to.
I do know someone who makes $50,000 a year part-time and has been doing it for about 6 years, but I don't, I made just about $25,000 last year before taxes but then again, I was a SAHM for 16 years so anything I made was a bonus!
I hope this helps you some. Check out the schools if you want. It's a job for me, but I still really want to get into nursing!