Medical Transcriptionists vs Medical Assistants salary

The US Bureau of Labor Statistics has reported that Medical Transcriptionists have an average annual salary of $34,220, whereas Medical Assistants earn an average of $38,190 annually. This indicates that Medical Assistants earn more than Medical Transcriptionists.

Nevertheless, it's worth mentioning that factors such as location, experience, and the specific workplace can affect salary. For example, Medical Transcriptionists in Connecticut may have higher earnings (averaging $49,810 per annum) compared to those in New Mexico ($28,150). As another example, the average pay of Medical Assistants in Washington is 55% higher compared to those in Louisiana.

Medical Transcriptionists vs Medical Assistants overview

Medical Transcriptionists and Medical Assistants are fundamental to the Administrative and Support Services industry. People are often interested in learning about the differences between these occupations, as well as the average pay for each.

Medical Transcriptionist job description

Medical Transcriptionists transcribe medical reports recorded by physicians and other healthcare practitioners using various electronic devices, covering office visits, emergency room visits, diagnostic imaging studies, operations, chart reviews, and final summaries. Transcribe dictated reports and translate abbreviations into fully understandable form. Edit as necessary and return reports in either printed or electronic form for review and signature, or correction.

Medical Transcriptionist education and experience

39% of Medical Transcriptionists have completed a Post-Secondary Certificate, 34% have a College Course Certificate, and 17% hold a High School Diploma. In terms of experience, about a third of Medical Transcriptionist jobs require no previous experience. A smaller percentage of jobs (22%) require a previous experience of 1 to 2 years.

Medical Transcriptionist average salary

According to data from the US Bureau of Labor Statistics, the number of Medical Transcriptionists employed by the United States in 2021 was 55,830, and on average, they earned $34,220 per year. The bottom 10 percent had a salary of $22,810 or less, and the top 10 percent had a salary of $48,190 or more. The average salary has decreased by 8.3% compared the previous year.

Do Medical Transcriptionists make good money?

Medical Transcriptionists salaries are typically not as good as those in other fields, as their average salary is 41% lower than the average wage in the United States ($58,260). Moreover, they earn about a quarter less than the average wage of the Administrative and Support Services industry ($44,870).

Medical Transcriptionists salaries are typically not as good as those in other fields, as their average salary is 41% lower than the average wage in the United States ($58,260).

Medical Transcriptionists job growth

In 2021, there have been 6,300 more Medical Transcriptionist positions than the previous year nationwide, which marks a rise of 12.7%. The average job growth over the past 3 years has been 1.8%.

Medical Assistant job description

Medical Assistants perform administrative and certain clinical duties under the direction of a physician. Administrative duties may include scheduling appointments, maintaining medical records, billing, and coding information for insurance purposes. Clinical duties may include taking and recording vital signs and medical histories, preparing patients for examination, drawing blood, and administering medications as directed by physician.

Medical Assistant education and experience

Among Medical Assistants, 45% have obtained a Post-Secondary Certificate, 21% hold a High School Diploma, and 17% have a Bachelor's Degree. When it comes to experience, 41% of Medical Assistant occupations require a 6 months to 1 year of previous work-related experience. A smaller portion of roles (20%) do not require any previous experience.

Medical Assistant average salary

The US Bureau of Labor Statistics has reported that in 2021, there were 727,760 Medical Assistants working in the United States, and on average, they earned $38,190 per year. The bottom 10 percent earned $29,070 or less, and the top 10 percent earned $48,170 or more. Compared to the previous year, the mean salary has increased by 3.4%.

Do Medical Assistants make good money?

Medical Assistants are not typically highly paid, since their mean salary is about a third below the average pay in the United States ($58,260). Additionally, they make about a half less than the mean salary of the Health Care Services industry ($70,360).

Medical Assistants are not typically highly paid, since their mean salary is about a third below the average pay in the United States ($58,260).

Medical Assistants job growth

In 2021, there have been 17,560 more Medical Assistant job opportunities than the previous year across the nation, and that shows an increase of 2.5%. Over the past 3 years, job growth has averaged 2.6%.

FAQ

Do Medical Transcriptionists or Medical Assistants make more?

Medical Assistants make 12% more than Medical Transcriptionists. The average annual salary for Medical Transcriptionists is $34,220, while Medical Assistants earn $38,190 per year.