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Serving Over 20,000 US Medical Transcriptionists

Nope...they're making more

Posted By: anon on 2007-03-24
In Reply to: India - mt

when they offshore the work. American MTs all want 10-12 cents/line. When they offshore they pay 6 cents/line for transcription, 3-4 cents/line for QA, so they're making more money offshoring than giving it to American MTs at 10-12 cents/line and then having to still do QA at 3-4. See the picture?? Do the math...


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If you're in the 37% tax bracket, you're making over
100K per year. Quit complaining.
Nope, you're good, MTGrammy...I followed what you were saying
x
Nope, but on their site it says they're only hiring coders and MT supes right now. nm
s
They're making themselves look bad.
I clicked on jen has a big nose and there's an ad there for OSI.
CMT with only 8 mo exp? I think you're making
If you're referring to your CMT as a certificate in medical transcription for completing your course, you're misrepresenting yourself.

CMT is a certification that can ONLY be obtained through the CMT challenge exam with the AAMT (AHDI).

Please, stop with the CMT for just finishing your course.

No wonder you're not making $25+

an hour.  Give yourself a chance.  You've only been at it 2 years.  It took me almost 10 years to really start making a good hourly wage.  Prior to those 10 years, I worked as a medical secretary doing a little transcription.  I went to college for my Associate's in medical secretarial.  During the 10 years I transcribed, I also worked part-time in an office a couple of days a week, as I am not one who can sit 8 hours a day, 5 days a week and type. 


It has taken me this long to make an *hourly wage* that I am happy with.  However, I must say I am far happier at the fact that I work from home, don't have to pay a babysitter or buy office clothes or put gas in a car to go work.  Give yourself a break.  Two years is not that long in this biz.  7 cpl isn't bad for 2 years either.  When I left my last MT job, I had been there about 9 years and was only making 0.775 (even less for voice recognition).  So, please cut yourself some slack.  You'll get there eventually. 


Try not to focus so much on the money and look at the many other rewards.  The money will come, just try not to focus on it.


If you're making it to the
testing stage but not getting any offers, you might look into how you're doing on the tests. Maybe you could have an experienced fellow MT look over some of your work & see if they can offer you any tips or corrections that might be causing the problem.

I had this happen to me & had 10 yrs experience at the time. I had no trouble with any actual medical content, but I was so used to doing things the way my previous employer wanted that I wasn't as up to date on my BOS as I should've been. Just a thought...
LOL is right...If you're only making 4 cpl at TT
You're grossly inadequate. Anyone who just makes base pay at TT with all of their incentives and bonuses must be in over their heads.

LOLOLOLOLOLOLOL is right!!!
Nope, more like a matter of time before we're all working for chump change.
x
They actually think they're making themselves look GOOD to us!
LOL
They're not making a profit.
I work at Futurenet. I don't mind paying the 25.00. It's guaranteed by 10:30 a.m. It has only been late once and I was reimbursed the cost. It's worth it to me for the peace of mind.
Keep in mind you're not making any
money while answering those phone calls and handling tech issues.  Before you know it, you're ordinary 14 hour day turns into a 24 hour day.  It's not as if you take on the client and clear your .14 cpl - it's FAR from that.
You're making me have flashbacks...
I'm going to have to go take a Zantac - LOL :)

Changing jobs is such a nightmare now. It used to be so much easier when we all worked on Word, used our own expanders, etc. They'd basically just send the account rules & turn you loose... We could be up and working full speed in no time. All these weird platforms have really complicated it!
Unless you're secretly making FAR MORE than
I just find it very hard to believe that anyone could feel their paycheck is 'just fine'. If your company is 'in keeping with every other MTSO out there', then I would take that to mean that the pay there sucks, just like it does at every other MTSO out there.

Think about your level of expertise, your knowledge, the skills you have that probably 98% of the U.S. workforce does not have. Believe me, even looking information up on the internet takes a certain level of savvy. I know people who never seem to be able to find what they're looking for on Google, for instance, because they don't know how to search. And how to read between the lines once they find information they think might be accurate.

You make thousands of judgement calls every day as you work. Do you really hear this word, or this drug dosage? Or not? Do I flag this for QA to check, or do I send it through? Your judgement calls can impact patient other people's lives.

Your typing skill, hearing and memory have to be far above average in order to succeed. You have to know prefixes, suffixes, a certain amount of Greek and Latin, anatomy, and your way around a PDR like the back of your hand. And so on and so on.

Imagine if your level of skill were being applied at just about any other line of work out there. Or if you were a legal secretory or a court reporter (2 jobs with similar skill-sets and intelligence requirements). Most of us have probably looked at those careers in the past, and we have a pretty good idea what they pay. And it's far and above what any MT can ever dream of making, even if they work 10-12 hour days, 7 days a week.

I'm 'managing' on my income, too. Just barely. I know how to budget, how to do without most things, and where every penny I own is located. But just 'managing' is a far, far cry from 'thriving' or 'succeeding'.

'Just getting by' is what you do if you sneak into the country and pick lettuce for a living. It shouldn't be what medical transcribers have to settle for.
they're the ones griping about making min wage
and barely making line counts

so they have the qa. so what? they don't have the production.


BRAVO!! I'm sure you're making lots of $$$s..sm
But if you were like the rest of us peons who had to run back every few seconds of footage because you can't understand most of what the dictating clown is saying, whether ESL or native train-catcher or sleepwalker or can't-make-up-my-mind-what-I-want-to-say, Ah...Hmmmm...Scratch that!...Let's see, ..uh...where were we.. uh... zzzz (yawn) zzzz.  And then they race through the labs & medications 78 RPM.  But they're God's chosen people while we can't miss a comma...QA gets p..... off if we send too many blanks, well, I hope you see my point. My hat goes off to you!
You're making $400 a day on voice recognition?
How in the heck are you doing that? What kind of rate are you getting? How many lines are you doing a day? I'm just blown away at people making $50,000 a year in this business, much less $104,000. WOW! Congrats! Talk about depress me even more LOL.
QA compensation - anyone happy with what you're making?

I'm sorely tempted to look into a QA position and I was wondering how the compensation compared to transcribing.  I would love to be paid hourly, but it seems most offer by-the-line pay.  I know there are variables (platform, ESL, etc.) but I'm trying to come up with some type of comparable compensation formula just as a jumping-off point for negotiation.  Anyone care to elaborate on what they're earning, how they're paid, and how this compares to their transcribing earnings? 


If you're making yourself sick over no work

why not get another job instead of complaining about no work all the time? No job is worth getting stressed and sick over it.


Don't forget, TT is not the only company that has low/no work. Haven't you read the other posts on the other companies or do you just concentrate on putting TT down all the time?


Find another job, leave TT if it makes you so sick.


If you aren't management & you're making good
money on VR, then why are you so desperate to attack those who don't want to do VR & try to shove it down their throats? A fellow MT wouldn't do that. They'd simply say they like it & how much they make rather than having a meltdown over other MTs not being thrilled about the switch....
You're making mountains out of mole hills. A vindictive
.
FUNNIEST THING..they all think you're making all this big money (LMAO) -nm

nope, not me, NOPE Worked to hard and long to sm
know what I know, my expertise is worth more and constant updating . Keep looking on the job boards. Email and ask if VR, pay for space and lowest to highest line rate for the POSITION (generic question) not I have 20 years exp. etc
Ok - here ya go. I went from making $1800 per pay period to making just under $900.
Is that significant enough for you? Believe us, we are not just being negative with a grudge or anything like that. This is real! A month later, I was gone from there fast!
Hope you're enjoying those slave wages you're earning.
.
So you guys feel you're getting paid what you're worth with VR?
I'm not trying to be snarky. I've never done VR, so I'm trying to understand.

You're happy with your paycheck with VR? Do you find the files to be as bad as the original post implied?
Nope
Not yet!
Nope...
I'm already in the process of getting in with another company while I can still make the change because I WANT to and not because I HAVE to. 
Nope,they have their own although sm
if you speak to tech support,they may be able to import your shortcuts into their program.
NOPE, OSi
nm
Nope. nm
 
Nope...
No, it doesn't make it 10.75 cpl. I thought that it might at first, too. Look at it this way: 15.3% (the actual %) has to be paid out of what you make. As an SE, half of that is paid by your employer, the other half by you. As an IC, you pay the whole. So you're actually only paying 0.0765% more.

What I did to figure out which rate was best. SE versus IC, was to take the base rate and subtract the 0.0765% from it. At 10 cpl, that gives you an SE-comparable rate at 0.09235 cpl.
Nope. Nope and not any more
.
Nope, not that one! (sm)
The BestPRN I know of does primarily psych and has a system that prevents cherry-picking. The owners are the best I have ever worked for.

There are about twenty zillion services named PRN transcription.
Nope
Nope
Nope, she's gone.
nm
Nope I don't.

They have their OWN accounts now using several types of software.  I only use one type of software they have, but they have 3 accounts with it.  I work on two of them.


Nope,
That is how she tests
Nope, I think it is after 2
nm
Nope. :) nm
s
Nope, never have
Whenever I have applied for a job in the past, I have always submitted it directly to the employer. I want to avoid being contacted by these types of strange places.
Nope. nm
c
Nope.
//
nope. but only been one day. n/m
:0
Nope.
I don't know a thing, except that I wouldn't want to send my personal information to an unidentified company with a rapper's personal email address as contact information. This is the business world. They can be more professional in their communication efforts.
Nope, not MQ or OSi, but...
but thanks guys for the tip - I know who to stay away from!   I have played MQ before, never ever again - don't know about OSi, but I think I'll steer clear.  This is more of a wish list and a compilation of all the negative things I have experienced over the years and just don't want to deal with again.  I realize no place will be perfect.  I'm hoping some MTSOs will see the post and pay attention - but if they are already operating this they most likely won't change their ways, nor are they likely to care - just a vent.
Nope! nm
x
Nope... I am
Wendy too! Hi Wendy!
Nope, FT only
NM
Nope, FT only.
NM
Nope......

Its you.