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The U.S. Department of Labor reports that employment of medical transcriptionists will decline by 3 percent through 2024. Recent health care reform has given more people the opportunity to acquire affordable health insurance, which means an increase in patients and medical reports. Also, people are living longer and they will require more medical tests and procedures—which will require transcription. But the introduction of back-end speech recognition technology has made medical transcriptionists more productive and, therefore, limited growth in this profession. Even with these technological advances, there will continue to be a need for medical transcriptionists. They will still have to review electronically created documents. Those with experience, certification, and advanced education will have the best job prospects.
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