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Serving Over 20,000 US Medical Transcriptionists

Over 1000 lph? You must be rich!

Posted By: Ohio MT on 2009-06-30
In Reply to: My company is 1200 lph. I think 1000 to 1200 - me

LOL


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This is rich!
I sure hope you accepted his offer!!!!  I know I would have...instantly!
oh that's rich.
You get your panties in a wad because someone posts your address...I think that kind of says something. If you aren't trying to get away with anything, you shouldn't care.
the rich usually don't, but there are also
a many poor people. Poor people get a lot of assistance from the Saudi government, because the country has so many natural resources, foremost oil.
There are also no taxes
levied, citizens have free medical treatment, and much more...
THINK AND GROW RICH
One size does not fit all. Be true to yourself and your abilities.
ALL? I'd be SO RICH! Only what's asigned..nm

Yah - a couple women got rich, and we all got -nm
.
All these people care about is getting rich, no

This sounds like one the MTSOs who got rich from selling
their company. You need to live in the real world sometime and see what you can do without. Your beer and champagne will be gone, but so will the steaks, lobster, and even a fresh vegetable unless you grow them. Even better, try giving up some other things - aspirin, ibuprofen, kleenex, vitamins they recommend you take daily, doctors visits, dental care.

Sorry, LMAO, I never want to meet you or be around you. You are evil.
Unfortunately, the country seems headed toward rich, or poor, period.
sort of like, anyone not rich has to conform to the mentality that ...we are only working for the good of everyone else.

MT is not the only profession. it seems to be eroding through our entire society like wild fire. you best not have a good opinion of your self or worth, because you will be whipped back into believing you are only lucky to have a job.

heartless. whoever is in charge of this country or in the trend is heartless. any companies that were good, and there were a few, are claiming they now need to compete with lower wages and better technology, all of which we have to suck up, not the owners.

mostly I hear women with that mentality, that martyr-type attitude. we shoud just work like dogs, expect nothing but our sweat-shop pay, keep our mouths shut, and just be glad for any scraps a company wants to throw at you.

these companies love these women...and if it was not so sad, it would almost be funny to watch some of these women now, who are not even making what they made five years ago but are losing work, benefits, and pay. maybe they are happy because, hey, after all, we probably do not even deserve that, right?
I'd say 55 cents a word is a moneymaker, you'll get rich!

you both don't sound happy there anyway. Move on. Happiness is better than being rich! nm
.
(cont'd from posting above) pick up the slack from the rich's tax loopholes!
Who else are the people who refuse to work going to have pay for their stuff?
Yeah, my thoughts exactly. Just another get-rich scheme, preying on desperate
MTs who want a light at their tunnel. Most likely just a train in this case and another way to fill someone else's pockets off your vulnerability, but that is just my negative opinion. Been there done that...
1000 per day - nm
x
Are you serious? Someone doing 1000 lph?
I have not seen that. Don’t know how in the world that would be done.
1000 LINES PER DAY
How long does it take to do 1000 lines per day for a mix of dictators for acute care. Thanks
It's $1000, and you would't believe what the premium is. nm
xxx
950-1000 weekly?
So I am curious, what company do you work with to make 950-1000 a week? I will be a new MT at the end of May next year, and I would like to know. If you dont mind that is.
When I said $1000 a month - sm
I meant that is what it would cost to get a good family policy without a ridiculous deductible through other companies.

I was offered a position by another company and turned it down because the premium was $900+ per month. However, it covered a lot more and had much less out of pocket than this policy has turned out to have. Maybe I should have chosen differently.
Minimum of 1000 lpd at 8 to 8.25 cpl. nm
f
Meaning, you are not getting 1000....
which I thought was the requirement. I have a friend who tried them out and went days without work.
DSG is 35hrs/1000 lpd.
.
i strive for $1000 a
week and can usually hit it in 40 hours or so.
$1000 deductible
I'm single and I pay $75 per period for the $1000 deductible, $25 office visit.  There is also a $2000 deductible option that a single person would pay $37.50 per pay period, $30 office visit. 
1000 lines a day. nm
x
MedWare might be 1000 lpd for FT as it's 500 lpd for
s
I had over 1000 lines my first day
Still going up as I build my Expanders and get used to the docs.
they have ins with a $1000 deduc sm
or 2500 deduc. About a 30 dollar difference per month. 401 K, dental, eye, life insurance, etc. etc. Pretty decent package.
even 6 a ripoff $7,50 hr/1000 ln/day 125 ln hr
that is $60 a day. Take longer than 8 hours, less hourly. Com'on. Com'on. Wake up, lesser of the 2 evils acceptable. Nope, not me.
$1000 weekly gives me a goal to aim for
I look forward to reaching that goal!
What is a good pay per 1000 words?

How many words are on a 65 character line - in general?


$100 per year? I was spending about $1000 sm
with my yearly membership to AAMT, a subscription to the journal, membership dues for my local chapter and fees for attending symposia for credits, the cost of driving/traveling to these things, etc. The math didn't work for me one single bit.
I produce around 1000 lines per day...
I have seen my production increase quite a lot in the last four months. When I first started I could only get about 500 lines a day...so I get a little more every day. :-)
I make 950-1000 per week

I am an employee, only 8 cpl with incentive over 1200 lpd, work a strict 8 hr/day, 40 hr/wk shift.  I do work on only one account, about 75% op notes, although it is a very large teaching hospital so still have a very large variety of dictators (currently wrestling with my list of 500+ new residents for this summery).  I have full hospital benefits.   It is possible.....


$700 is very good, except as IC you are losing 7.5% in having to pay your own taxes.      


Do you have enough work? 1000 lines a day?
I have read on some of the threads that there is not enough work to keep everyone busy.
Ok, my tax person saying on every $1000 made
I should put aside about $200.00 in the bank. I pay state tax, SS and federal, of course. That does not seem like that much to pay but I guess tax folks should know?
Over 1000?! I left there 18 months ago...
..and there were only 300 or so! They hired that many since then?

Ex Recruiter
at 80+ reports a day, you are getting more than 1000 lines in
nm
A $1000 computer is bit different than buying $10
asfd
Two payments of $500 are indeed $1000 in a bonus.
What are you referring to?

Transtech is 1000 x better than Diskriter (nm)

x


Here it is in text - 1000 MTs in US, 600 in India !

Transcend Services: Ranked No. 1 among Georgia's top public companies

Published on: 05/22/08


Ticker symbol: TRCR


Where traded: Nasdaq


Chief executive: Larry G. Gerdes, 59


Headquarters: Atlanta


Business summary: Transcend Services provides medical transcription services to the healthcare industry, such as physician dictation of a medical case. Its market includes hospitals, hospital systems and specialty clinics.


When you go to the doctor or to the hospital, the physician dictates or writes a record of that visit. That report is then transcribed for future use by the doctor or by other doctors. Gerdes talked about the company's success.





Q: What is there about your business or your business strategy that resulted in a Top 10 performance?


A: Mostly fundamentals. But two major initiates we took three years ago had an impact on our margins. We implemented speech recognition technology and last year started seeing the results of that technology. Twenty-five percent of our volume goes through the speech recognition engine and that has increased our margins and efficiency.


We also began, a year and a half ago, sending work overseas – to India – for overnight and weekend shifts, and that has had an impact on our gross margins.



Q: One source of strength for many companies hurt by the domestic economy has been the continued growth of foreign economies. How much of your success was due to foreign sales or investments?


A: We have transcribers in India who handle about 15 percent of the business. But our customers are in the continental United States.


The transcription industry in this country has inadequate staffing or capacity. We have a quickly aging population and as a result we can't handle all the required work. Out of necessity as well as for efficiency [we outsourced to India].



Q: Even if the economy does not sink into a technical recession, analysts see slow growth and weakness ahead for an extended period. What is your forecast, or guidance, for the economy and especially the sectors that most affect your business?


A: We don't give guidance as such but we tell our investors we would expect to grow the company by 20 to 25 percent on the revenue line. We can grow the bottom line at a faster rate than that because of improving margins. We will also contemplate growing the bottom line faster through acquisitions.



Q: What's on the horizon for your company that you can talk about, such as an acquisition, stock offering or buyback, new products, expansion.


A: We are right in the middle of the medical crisis. The electronic record is coming fast now — an electronic record that is available to the patient and the doctor. We [handle] 30 to 40 percent of that record automatically. One of the big cornerstones in the industry is the more efficient use of information, which reduces the redundancy of tests and other inefficiencies in health care that are related to turnaround time in hospitals. The patient is discharged from the hospital and that discharge summary may become the admission summary next time around, or maybe to a nursing home where the information is relevant.



Q: Will the computer eventually take over the job of the transcriber?


A: A big share will be done by computer, but we still have language and speech that will always be a requirement of the medical specialty to edit. The computer can help the transcriber do more. And this is a good career opportunity. These people work from home. They are in total control of their work.


 We have 1,000 domestic transcribers and 600 in India.



–Tom Walker


5.50 per 1000 words @ 5 KS per word
you are typing 5000 KS to earn %$5.50. Based on a 65-character line with spaces, that comes out to approx 77 lines to earn $5.50. 154 lines for $11, 231 lines for $16.50.

At 8 cpl based on a 65-character line with spaces, you earn $6.16 versus her $5.50. You tell me. Is this a good line rate? Looks like smoke and mirrors to me.
eTransPlus is 1000 lines per day. nm

I used to make that $1000 a week but
that was in 1989 or 1990. Wish on.
1000 lines in eight hours??
If a person types that slow then obviously being an MT may not be for them!  I type around 300 LPH and that averages up to a lot more than 7 bucks an hour.
$1.35 per 1000 characters. hiring process is too sm
daggone long.  they SNAIL MAIL you a tape to transcribe for testing.  DUH!!!!!
I cannot believe anyone would make $1000.00 weekly after taxes.
That is very good pay
I am a slower but accurate producer, around 1000 sm
lines in 8 hours. Are there any companies out there that would value me as an employee?  Seems like everyone wants 1200 lines or better or you are out the door.
If you can't make 1000 lines in 8 hours,
in the wrong profession.
What is the definition of "Very nice?" $25, $50, $100, $1000?
.