A transcription service is simply a business service which converts speech into a written or electronic text document. Various transcription services are usually provided for business, legal, or medical purposes.
Do you know that standard rates for a professional North American transcriptionist can range from $1.50-3 USD per audio minute ($90-180 per audio hour) depending on the audio quality and number of speakers. And for projects with extra requirements or highly challenging audio, these rates can increase.
More so, according to Bureau of Labor Statistics (BLS), the healthcare services industry is going to push growth in transcription services. Transcription are of many types like legal, medical and general transcription.
