Medical Transcriptionist Salary in Colorado - CO

By Jennifer Williams, allied health world Contributing Writer
Published: January, 21 2011

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If you are interested in pursuing a career in medical transcription, then you would probably be interested to learn how much money you can expect to earn each year. According to the Bureau of Labor Statistics, the typical medical transcription salary in Colorado is roughly $36,240 per year, for an average of $17.42 an hour. However, the most experienced and best paid professionals in Colorado have reported earning anywhere from $41,730 to $49,730 each year.

In the medical transcription profession, income is dictated by several factors including rate pay per line, speed, accuracy, experience, and account type. In general, recent graduates can expect to be started on clinic accounts, which are less complex in nature, as they learn how to increase their speed and maintain their accuracy. More experienced medical transcriptionists, however, may find themselves working on acute care and/or radiology accounts, where more in-depth medical knowledge is required.

It is important to recognize that all of these factors can influence your income as a medical transcriptionist in Colorado. Some of the most experienced MTs have managed to increase their speed to an incredible 250 lines per hour while earning anywhere from $0.08 to $0.10 per line, making for an average hourly wage between $20 and $25 per hour. So, the keys to increasing your financial potential in this profession are experience and practice.

Some of the medical transcription salaries throughout Colorado include:

Denver: $37,860
Colorado Springs: $36,100
Aurora: $37,860
Boulder: $40,080
Pueblo: $32,240

Salary figures have been provided by the United States Bureau of Labor Statistics