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That's not true, my friend owns a payday business

Posted By: tt on 2009-05-01
In Reply to: Yes, I am aware - MTDays

and if you borrow $300.00 you pay $45.00 for that loan ending up paying back a total of $345.00.  Maybe that was just a very unfortunate situation of your friend. 

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A friend of mine is a male and owns a transcription company. sm
He has no problem getting accounts and is quite wealthy from it. So, do not let your gender deter you!

His company is RX Transcription in Newtown Square, PA. Give him a call and maybe he can help you.
Manor Care, who owns Heartland, getting out of transcription business. sm
Manor Care Inc.
333 N Summit Street
Toledo, OH 43604-2617
Phone: 419-252-5500
Fax: 419-252-5500
Web Site: http://www.hcr-manorcare.com


Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Healthcare
Industry: Long-Term Care Facilities
Full Time Employees: 58,000


Manor Care, Inc. provides health care services in the United States. The company, through its nursing centers, offers physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, illnesses, and injuries or disabilities. These centers also provide nutrition services, social services, activities, housekeeping, and laundry services. The company’s assisted living centers offer dressing, bathing, meal preparation, and medication management services. It provides medical and rehabilitation programs for patients recovering from major surgery; severe injury; or cardiovascular, respiratory, infectious, endocrine, or neurological illnesses. The company also offers home health care service, as well as services and facilities for patients suffering from Alzheimer’s disease; hospice services that focus on the physical, spiritual, and psychosocial needs; services related to wound care and dressing changes; infusion therapy; cardiac rehabilitation; and physical, occupational, and speech therapies, as well as assists with daily activities, such as personal hygiene, assistance with walking and getting in and out of bed, medication management, and light housekeeping. In addition, it provides rehabilitation therapy in outpatient therapy clinics, as well as at work sites, schools, hospitals, and other health care settings. Further, Manor Care owns a medical transcription company that converts medical dictation into electronically formatted patient records. The company operates primarily under the Heartland, ManorCare, and Arden Courts names. As of December 31, 2005, it operated 276 nursing facilities and 65 assisted living facilities in 30 states, primarily in Florida, Illinois, Michigan, Ohio, and Pennsylvania. As of the same date, the company operated 91 outpatient therapy clinics located in Midwestern and Mid-Atlantic states, Texas, and Florida. Manor Care was founded in 1991 and is headquartered in Toledo, Ohio.

Not exactly true. Your friend might want to re-read sm
the letter that was sent to all MQ employees. See post at top.
It's true........friend works there....sm
been there for a long time and she got a pay cut and I think she was in QA
We people? If they want to put it in early, that is fine, but payday is payday. If it is late sm
many of us are in deep trouble particularly folks like me that live from payday to payday because I am the sole support of my son and cannot afford a company that does not put the money in on time. Those companies that do that should be run out of business or banned from the MT community. They give MT a bad name.

I bet you are an MTSO who does not pay on time....you people? Gives me an idea as to the part of the country you are located too.

I know my company would die before they put it in early and heaven forbid if you complain because it is late! You are lit into like a light to complain if it is late by the owner. It will never happen that it is in there early and I doubt seriously that it will happen that it will ever be right either. It is never right and yes, I am looking for another job because there are too many good companies to work for to put up with bank charges in excess of $50 for paychecks that are not in there on time or are wrong.

I'm also a true IC; not a business owner

I subcontract for a very small business.  I have one of my own accounts (so I am the contractor for that account), and I also subcontract for an online company. 

Your comment:  with the exception that I don't work for an MTSO who is making money off me while I'm doing all the work.

You are not doing all the work if you are not being the person that has to answer requests directly and collect money from that practice.  As you should know, there are administrative tasks involved in maintaining your clients. 

An MTSO will pay less because they need to make the money for doing the administrative tasks. 

I am doing both.  I have expected the online company to supply me with sample reports and also I was trained on their software, which is only fair since they want me to send things to them through their software, which I agreed to do in my contract.  I have no quota, set schedule, or any of the such.  I type when I want to do the work from a pool.  To me, this arrangement is perfect.  I can simply sit and type all online and am not worrying whether I'll get paid on time because it has never been a problem.

I guess the point I am making here is that when you are the contractor, you can use your system when setting up your clients.  Even though I consider the online MTSO my client (I'm the subcontractor), I agreed to use their software, and I also was trained to do so. 

To state to someone that an IC requires no training is just outrageous especially when that MTSO wants you to use their software, equipment, client specs, etc.  If it were the other way around, then you would tell the MTSO what software you use and then you would require no training and could create your own client specs.  The MTSO cannot have it both ways.  It's one or the other. 


True.. my favorite is no longer in business
but was my very first job out of school.  I didn't realize how good I had it until I left to work for M/Q and then it was too late.  I couldn't go back.  The owner eventually lost her two largest accounts and had to close shop after 15 years. 
GREAT post. So true. I've been in this business
for 30 years, and never ever had more than an hour or 2 with no work. Not acceptable and doesn't happen to me. I work my behind off, am fantastic at this, and not 1 employer has ever done that to me, and probably never will. Just like you said, if I hit no work, I call and straighten the situation out. Don't ask questions about the account, about what MT can or can't transcribe it, just state that no work is not gonna fly with me, and I am always treated with respect and instantly given work, which I also thank my bosses for. Give and take - it goes both ways. I'm there when they expect me, and I'm there when they need me, and we're all happy. Can you imagine some MTs getting ANGRY at you? Again, another scream or throw up reaction from me. Some of you MTs really need some psychoanalysis, if you know what that is...obviously your income is NOT a necessity, and this is probably a job for you and not a career. You get out of MTing what you give and what you expect, nothing more, nothing less. Expect to be treated like garbage, expect slave wages, expect no work, expect disrespect, and you'll get it, and it seems like many MTs are looking for this! Thus the continual postings asking about companies we all know STINK. There is no other explanation - you want to be kicked to the curb and probably put little effort into your life across the board. Such a shame.
SPI owns OSI now?
I believe Medquist owns
DQS and leases it to other companies and hospitals.
MQ developed and owns DQS.

Maybe Nuance owns them, so they are
Mike, can you tell me who owns this company?
Just curious. I used to work for a lady who owned a company in Louisiana many years ago and she had a bad rep re: paying. Last I heard she moved to Arizona.
I don't think MedQuist owns Lanier.

We used Lanier at a small hospital in a very small town before I went to work for MedQuist.

Who owns or operates Diskriter?
I did know, but I forget.  Anyone know?
Wonder if the same MTSO still owns that company.....nm
Medscribe owns another company too

I think it may be Southscribe.  Does anyone know?  I cannot recall the name of the other transcription company they own, but it is definitely in Georgia.



Transcend owns MDI-FL but each is run separately...sm
Hope this helps!
Just guessing but it might be the woman who owns KS??
MQ owns DQS software. They developed it
Do you feel better now? !! Business is business, most of it should be confidential. Why post on a
MedQuist OWNS Diskriter and Lanier...nm
What?!?!? You clearly have NO idea what you are talking about! The "man" who owns TT
does NOT own the building they are working in. He is NOT a real estate investor. He has worked in transcription for years and was with L&H prior to their acquisition by MQ (as was the rest of the office staff). TT absolutely does NOT finagle their line counts. If you know anything about TT, you know that the Dictaphone ExText platform has had trouble for the last couple of months and they have gone out of their way to keep us informed.

You obviously have some sort of personal ax to grind with TT. It is YOU who needs to stop spreading TT misinformation. You need to be very careful about what you post.
Nuance owns escription and Dictaphone
Are your referring to Dictaphone Extext? Which Nuance system?
Full Circle Transcription in Acworth, GA. Does anyone know who owns this company? SM
Please email me if you do.  I may like to contact them and would just like to know ahead of time whom I'll be emailing. 
The Indian owner also owns a residential home in KY, that's where the KY part comes in. sm
The lead MT is in San Antonio, TX, but as the other poster said, the headquarters are in India and 99% of the people you deal with are in India, some city that begins with an A, can't remember.  They are nice people, but they should be honest about it. 
According to the info I received there is a two-week lag from when you turn in your time card and when you receive pay for that time period.  It shows that on the list of pay dates and also in the Email info. 
I don't think there's a problem with the pay, just that maybe it has moved in house now and is not as automated as it was with the company that handled it before and there is a new payroll person handling it, experienced, I hope, so. . .

My pay has always been in on Friday mornings. I check my account every day before work and I start at 6. This is the first time in my 1 year with TT that it was not in on Friday morning, so I have changed my budget planner to reflect TT paydays based on the payroll sheet they sent out. Sigh. Friday paydays were great for us because my husband got paid on the opposite Fridays, so it always seemed like we had a little bit of money between pay periods. HAHA. Guess it had to come to an end sooner or later. I just hope this doesn't cause serious problems for people. I pay bills electronically so I was able to change some dates luckily.
I am a new KSer also, and am figuring on Tuesday at this point, with nothing in my account. The paperwork does say if it falls on a weekend or holiday, then next business day. I forgot this was President's weekend, and this is my first paycheck.
Trying to build his business? He's been in business over 15 years!!!!!! sm
I also had a hard time, nearly impossible actually, getting paid. The owner does this on the side; he is very involved with other things.
Phillips OWNS MedQuist, who bought Lanier Healthcare in 2002..nm
To my knowledge, the owner still lives in India, simply owns a home here. sm

The work is received FROM the Indian office and sent TO the Indian office.  They used to hire only American MTs, but then started outsourcing to a company in India (big surprise).

I understand what you are saying, though.  And if they are honest about it, then it is the choice of the MT as to whether he/she wants to work there.  The fact that they blatantly misled in their ad angered me, but then again, I have been an MT long enough, nothing should surprise me.  I guess I have done my part, and I have no particular axe to grind so I should just leave this alone now.  I just was shocked when I saw the ad. 

Good luck to all of us in finding a job that treats us well and pays us even better (smile).

Tomorrow is payday
Are you saying that you have not received your check from last pay day? If you have not, please call HR immediately.
When is the next actual payday for TT?
I will be starting soon. When does the current pay period end, and then when will the check for this pay period be paid? Is the pay period Monday through Sunday, then it is paid by the following Monday? I will have DD and want to plan my finances this weekend. If I can get a pay date for the next check, I can plan ahead for every two weeks. I forgot to ask the recruiter and don't have my packet yet. Thanks.
Next payday at Transtech?
I start there soon and wonder when the next paydate is and what calendar days it covers? I just would like to determine when I will get my first check. Thanks!
Payday is Monday and that is when I sm
anticipate being paid. My check is always there on Monday, never sooner. You are lucky your bank floats it sooner. Most banks don't.
DON'T do a payday loan!
You will borrow around $300 and end up paying something like $900 back! That happened to a friend a while back. I know that our state is trying to outlaw these payday loan companies. It was on the news and in the newspaper not too long ago. Their interest rates are also illegal.
payday loans sm

The problem with these is that a lot of people don't pay the entire amount back plus the fee and that's it because they're short again on that paycheck so they roll it over and the cycle begins.  Sometimes they go to another lender to pay the first lender, then another to pay the second lender, etc. Storefront lenders at least are regulated.  Most of the ones on the internet are illegal and are more expensive.  In my state they passed a law last year limiting the amount of interest these places can charge.  A lot of them went out of business.  However, if you can use it once, pay it back and that its, you'll be fine.

$100 at a payday place near me is $120 sm
on payday.  $200 is $239.  Come on, we are not talking about exending a payday advance for months on end.  If she needs it now and absolutely pays off the $120 on payday, not borrowing more, it's an option.
etrans payday
haha...I've been thinking the same thing all morning! Duh!
Keystrokes, payday
Isn't today payday for keystrokes?  I had no direct deposit and no email yet.  I sent an email, but have yet to hear back?  Seems like the dates of getting paid aren't consistent.  Sometimes the 1st, sometimes 31st, sometimes 14, 15, 16.  What gives?
Payday supposed to be 1st and 15th.sm
Received it 10 to 15 days after that date. I do not think we are talking about same company. I worked for BTS, not Sten-Tel.
Yes, tomorrow is payday at TT, every other Monday. nm
PS This was Saturday the 15th, payday
Mine has always been in on Saturday and not before. Since payday is not until
TT has it's faults but they've never been a single day late on a paycheck and have paid early for holidays many times. I don't think they can be blamed for not paying us early.
Stay away from Payday Loans if you can (sm)
I'm the poster child for what can go wrong with payday loans.  Because of the constant situation of low work I turned to payday loans.  I had every intention of paying it back on payday, which I did for the most part.  But because my paychecks never made it back up to where they once were, it turned into a fiasco, robbing Peter to pay Paul, or borrowing from another payday loan place to pay the first one back.  I got into a horrible situation with them.  I have paid them all back except for 2 which, now that I got a second and third account at work, my checks are getting bigger and I will be able to hopefully pay those off by June.  Some people can get PDLs and pay them back on time and move on.  But for people like me who used them to pay bills for too long it got out of control.  Last November my state (Ohio) did vote to lower the interest rate drastically on the loans and give people at least 30-40 days to pay them off.  But that would have put them out of business. Some of them closed down but the others found loopholes around the law.  Instead of calling them Payday Loans or cash advances, they simply renamed them, calling them Short Term loans or whatever. Plus they started buying and selling gold.  So even though they were all supposed to be put out of business, believe me, most of them found ways to stay open by finding a way around the new law that was passed.  If you can get one loan and pay it back and use that to supplement your income, fine.  But watch out, because you can get sucked into a never-ending vortex of re-loaning over and over.  I can't wait until these last 2 are paid off!   
Mine is always there on Friday, but Monday is payday.
If my payday falls on Saturday we are usually paid
on Friday, if Sunday, then we are paid on Monday. We also have a pay schedule that is published at the first of the year so we know when our paydates are.
If your company hasn't paid you come payday and

promises it will either be overnighted to your or in your account by the end of the day and it isn't, and the next day the money isn't there and they wait until the end of the day to tell you they don't know when you'll get paid doesn't that sound very fishy?  I think the CEO should have issued a statement and outlined exactly what the issue is.  If it isn't a matter of money (like they don't have it) then why not say what the problem is. 

Someone mentioned this situation yesterday or the day before and got reamed, but I think this is now a MAJOR issue.  Fortunately for me I got a big tax return and I haven't paid all the bills yet so I'm not hurting, but I can imagine there are more than a few who NEED their checks NOW.  

Today is not payday. DD will be in bank tomorrow. nm


Agree with you. Payday is Monday, this is the Friday..

before payday. Some people will whine about anything. As I said before, plan your finances better and you won't be relying on DD. Why don't you call payroll and whine to them, see what they tell you?