Did you know?

Do you know how much physicians spend on transcription costs per month? According to a recent study, on average a physician spends approximately $2,000 per month on transcription costs – that is nearly $25,000 per year on transcription costs alone!

A Patient Note averages 20 lines
Average cost per typewritten line $0.12

Average number of patients per day 40 x 21 working days per month = 840 patients
840 patients x 20 lines = 16,800 lines per month
16,800 lines x $0.12 per line = $2,000 per month
$2,000 per month x 12 months = $24,000