Transcription
US$50,000.00
Overview:
Transcription involves listening to audio or video recordings and converting them into accurate written documents. It’s widely used in industries like medical, legal, business, and media.
Types of Transcription
- General Transcription
- Converts interviews, meetings, podcasts, or lectures into text.
- Requires clear listening and accurate typing.
- Medical Transcription
- Transcribing patient records, medical reports, or doctor dictations.
- Requires knowledge of medical terminology and HIPAA compliance.
- Legal Transcription
- Transcribing court hearings, depositions, or legal proceedings.
- Requires familiarity with legal terminology and formatting.
- Verbatim Transcription
- Includes every word, filler (uh, um), and non-verbal sounds.
- Used in research, media, or legal contexts.
- Edited / Clean Transcription
- Produces a polished, readable document without filler words or stutters.
Skills Required
- Excellent listening and comprehension.
- Fast and accurate typing (typically 60–90 WPM or higher).
- Familiarity with transcription software (e.g., Express Scribe, Otter.ai, Rev).
- Good command of grammar and punctuation.
- Specialized knowledge for medical or legal transcription.
Typical Pricing
1. Per Audio Minute
- General: $0.50 – $1.50 per minute
- Medical / Legal: $1.00 – $3.00 per minute
2. Per Hour of Audio
- General: $30 – $90 per audio hour
- Specialized (medical/legal): $60 – $180 per audio hour
3. Hourly Rate
- For ongoing transcription projects: $15 – $40 per hour
Factors Affecting Pricing:
- Audio quality (background noise, multiple speakers)
- Industry specialization (medical, legal, technical)
- Turnaround time (rush projects cost more)
- Verbatim vs. clean transcription