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Serving Over 20,000 US Medical Transcriptionists

Wouldn't matter if they had a million MTs.

Posted By: There's no change in the total. nm on 2008-02-17
In Reply to: Doesnt matter. Not much from one MT but X many - MTs, MTSO gets much money that belongs to MTs.

lol


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Wouldn't do QA again for a million dollars. (sm)
Biggest challenge - keeping your sanity while having to fix crappy work over and over and over again while meeting impossible deadlines for really low pay. Believe me, if you can be an MT, you'd be better off financially and mentally. Oh, and no one is going to pay me a million dollars, so I feel confident in saying that. :) Why on earth would you want to transition to QA? Did someone tell you it's a step up??? Reevaluate that statement by searching the archives for commentary on QA problems. There was a long discussion on here a few weeks ago about it. Good luck to you. Choose wisely!
Not sure of her name, but I wouldn't consider a job with her no matter what.
.
Doesn't matter how nice they are, I wouldn't work
xx
I wish people wouldn't be so encouraging. Then maybe we wouldn't constantly run
.
Thanks a million!

You're a dear.  :)


A million thank you's for saying that
It's so refreshing to hear someone who stands behind the name anon to really believe in what they are saying. It gives you TONS of credibility. On behalf of the entire EDUCATED Mediscribes/Cardiscribes team (including the Indian employees, as you call them) thank you from the bottom of our hearts for sparing us the embarassment of being associated with you any longer.
That's about 17 million more than he's worth. nm
x
Thank you a million times over - sm

I thought I had simple questions but after all those posts, you'd think not!  LOL!


I really appreciate your taking the time to answer my questions - so thankful!  Have a lovely weekend :)


I just won a million dollars!
I found one on her computer! Now I can buy out Medquist and return it to pre-2006! No more ASR, no cesspool and each of you only will have one primary and a secondary and generous quarterly bonuses which you can actually GET!
2 million lines
Exactly, that is what I asked and got some lame answer.  No way should we be running out in the morning.
The $70 million powerball

That's a lot of money.  $70 million with an estimated cash payout option of $37 million which means after taxes you bring home approx. $19 mil or so.  Yeah, that's a lot of money. 


I keep trying.  Someone has to win it.  It may as well be me!!!   


fatcat... you are one in a million.

I really do appreciate everything you have told me.  There are so many people on this board so quick to judge and then every now and again you come across a genuine, quality person such as yourself. 


I know my schedule is difficult to work with, but these companies never seem to give anyone a chance to explain them, not that it would really matter.  They expect 1200 lines a day for full-time, but I have always done that in part-time hours (5 to 6). 


To me, that is all that should matter.  They want 1200, I will give them that, but I cannot be put on a schedule for 8 hours a day, 6 days a week. 


I have only had 2 transcription jobs in 13 years, the most current one with the Q for over 11.  I have always done well on testing, from what I am told my last test I took for a company was 99%. 


I just don't understand how all of you girls can comit to working every Saturday or every Sunday. 


Ok, I am done complaining.  I am hitting the job search full force again.  Thanks so much again for your kind words and thoughts.  You are in my prayers.


PS... I am probably way older than your daughter, I am going to be 39 in May.  :)


Thanks a million! I'll be back....
.
And the MILLION dollar question is...
Does Transtech get work from Dictaphone? Does Dictaphone have any control over their workload?

THAT is what this entire thing is supposedly about...

Hmmmm, I guess we'll find out when the court case is complete.
Transcend bought MDI for 16 million. sm
So I guess they have to make some of that money back. I am pretty discouraged too as I have heard absolutely nothing from Transcend about what my pay is going to be. Guess does not look too good right now since they cut pay for their existing employees. Never been able to get a straight answer about the range of what I will be making, so assuming that means it will be low.
At my company I'd ask for $18; probably wouldn't get it, but I wouldn't go lower. nm
x
and scoff all you want... my half million house says it all.
xx
Maybe one in a million MT's makes that but I still find it hard to believe.
It looks more common to me that people who do MT are at the doors of destitution. Just read these boards! We have people who can't even buy their kids Christmas gifts, we have people who have had their car repossessed, we have people in debt up to their eyeballs. Seems to me that's the norm by the amount of postings of that type.
Thanks a million times to all your kind posts!
I feel like I hit the jackpot. LOL. Now, I am exhausted from the stress of worry. It will be nice and I won't miss worrying for the rest of my career! :)
Thanks again.
Wasn't it something like 2 million lines a month? Just a
GYNORMOUS amount? That adds up to like supposedly 66,667 lines a DAY!! And there is no work? Where did it all go?
I read $20 million, over $16 mil cash up front
In other words, serious dough.  I'd think a wee bonus to us 500 galley slaves might be in order.  Had many of us not been told ''MDI does not send work overseas, Dorothy would never do that'' when we were hired, I doubt we would feel so betrayed. 
Transcend Services bought MDI for $16.2 million.

I didnt realize it was that much!  No wonder they feel no loyalty to their old MT's!  ,,,everybody has a price I guess.


The $16.2 million purchase price consists of $10.2 million in cash payable at closing (less any existing indebtedness assumed and plus or minus certain working capital and tax-related adjustments), $2.0 million in cash payable after receipt of interim financial statements and audited financial statements for the last two fiscal years, a $2.0 million note payable to the selling shareholder due one year after closing, and $2.0 million of Transcend common stock (119,940 shares). The initial cash portion of the purchase price is expected to be funded using a combination of cash on hand and up to $7.0 million in bank term debt.


Larry Gerdes, Chief Executive Officer of Transcend, said, MDI's strong presence in the mid-Atlantic region significantly expands Transcend's national footprint. We are confident that MDI's culture of excellence and total commitment to customers and employees will help ensure the success of this transaction. We look forward to working together to integrate our operations over the next several months.


I recognized that we needed a larger partner to achieve our long-term growth objectives, said MDI Chief Executive Officer Dorothy Fitzgerald. A critical concern for me was to find a partner that recognized MDI's potential and was committed to providing excellent customer service. I am convinced that Transcend is the best partner for MDI, its employees and customers.


Sue McGrogan, Transcend's President and Chief Operating Officer added, I have known Dorothy Fitzgerald for years. Like me, Dorothy is committed to outstanding customer service, which is reflected in her high customer retention rates. In her new role, Dorothy will be President of our MDI subsidiary. She will report to Leo Cooper, Executive Vice President of Sales and Marketing, in order to focus on driving future growth, particularly in the mid-Atlantic region.


http://localtechwire.com/business/local_tech_wire/news/blogpost/5878284/


 


I'll say! Wrote off $82 million as "goodwill impairment"
NM
With over 5 million hits per month to this site, it is quite cumbersome to just pick out the bad
posts, so the entire thread goes. Besides that, generally there are a LOT of posts within a thread that are inappropriate.  Please don't think for a moment that I'm only referring to OSI.  I am referring to ANY company.  I am only asking that posters back up what they are saying with FACTS not innuendo.
Thanks a million!! I guess the spread sheet confused my eyes. :)
nm
I know this question is asked a million times but who is good to work for
anymore?  I have 13 years experience and I work at a hospital part time but I know I can make more on production plus I need the flexibility because I have osteo in my back and other health problems that require me to kind of break it up if you know what I mean.  I'd only like to work 4 to 6 hours a day, make a decent line rate, and have flexibility of having a span of time within which to get my lines done.  I don't need benefits but do not like IC status; I prefer statutory.  Any ideas?
I bet you 1 million $$ you won't find one on mine. Mine is
2 years old and it does not have a 9-pin serial port, nor does it have a game port.   I have used both ports on other computers so I know what both ports look like.  I also have a company provided computer and it does have the ports on it. 
What does it matter what others do?
I don't believe you're an MTSO at all.


CPL DOES NOT MATTER
So well said. With a bad platform and missing demographics you never get to transcribing.
Not a matter of...
doable. It's a matter of the difficulty of your account!!!! Consider yourself very lucky to have gotten an easy account.
Why does it matter?
Why does it matter that it is MQ overflow as long as you have work??
does not matter...sm
MTs outside of the US are restricted from this site. Do not solicit - job ad posters from this forum. Administrator nm
Why does it matter?
Either take and use the advice or don't. You guys make us all look like a bunch of grumpy ol' hags. She simply gave some advice, she wasn't trying to insult anybody. No need for everyone to get defensive. If you are an experienced MT and know what you're doing with your resume, then chances are you're not putting Burger King on there....so she's obviously not talking about you. I wouldn't suggest anyone put their email address on there....spammers search the web and have bots that search the web just for that. Any email address they find....spam, spam, spam. Also, any spammer could send an email with an attachment saying it's a resume but it's actually a virus. They have to safeguard themselves too, and many times that means not opening attachments from senders they don't know/trust.
Does it really matter?

Seems like the certification would be a waste of money to me. 


What does it matter...
Speech and straight type are totally individual opinions. There are so many different factors and I am trying to sort those out. It is not the difference between scared to try and how many others love it. I want facts, which never appear on this board. I want to hear from the people who have been doing straight type for at least 10+ years, no less. That is what I have been trying to say in my case...it does NOT mean I am ignorant, because I certainly am not, and it does NOT mean I can't face change, which I certainly have had to do over and over again in this industry. Haering some of the responses so far, it seems as though some think it is just like learning a new account, and that can at times be gruesome..but with the added cut in half of pay.... So give it a rest you speech presidents. This is an individual thing and all I am tring to find out is the true ratio of experienced who like it/not and inexperienced love it/not. So far, I am not sure. I am so confused right now, my brain is rattling and I think I just need to go watch Housewives of New York. I can dream of being rich eh?
sometimes it's not a matter of...
sometimes it's not a matter of typing slow. you should consider the fact that sometimes due to demos, ESLs, quality, etc, etc, it is just impossible to go any faster. I'm a pretty fast typist and a good MT, but on certain accounts, I struggle to make the LPH. Good for you that you make good money. Unfortunately it is not possible for all of us. Consider yourself lucky. ;)
truth in the matter
I know people who still work with Transhealth and they are just sticking with it until something better comes. They don't feel appreciated. When I worked with them, the mgmt team needed to practice their professional skills. Everyone has their right to post their opinion and that is what it is, an opinion like anyone else who posts positive/negative comments about the company or any other company. It is up to the person to make the best decision and all we can provide is our opinions regarding the matter.
Doesn't matter
They won't have the work anyway! They just want to keep EVERYBODY on standby constantly.
It doesn't matter anyway
We don't have any work now, so no work later will be no surprise.  Have been working for 3 hours and have been able to "snag" only two reports. 
FT or PT shouldn't matter.

Pay should be based on your abilities and quality of your work instead of how much you can do sloppy just to get your lines.  There's nobody stopping you from going PT with several different companies.  I would never put all my eggs in one basket since every place runs low on work or overhires, etc... 


Makes more sense to me to work PT as an IC, unless you absolutely need benefits through an MT company, which I'd never trust since you don't know how long you'll have them if they don't have the work or lose the account, etc...  Too many things could happen to be able to depend on a single MT company.


Yes, as a matter of fact I do. sm
I haven't worked for MQ, so they, indeed, may be better than MQ. However, I have countless accounts with Webmedx and still run out of work. I can do all work types. I bounce around on many accounts. I am completely out of work some days. It usually picks up later, but who has the kind of life that they can be around all day waiting for work to trickle in? And bouncing around on many accounts costs the MT.

And there are plenty of similar opinions if you simply look over the archives.
Maybe for editing, but not tx no matter how new!!
nm
It is not a matter of whether or not AAMT can do
anything aboutit, the point is they should stand behind all American MTs and push to help maintain it as strictly a US-based business. Those who are members are, after all, paying to keep them together and pay their salaries, and send out their notices, etc., etc.
no matter - sorry - I need my own editor! nm
nm
Sometimes, no matter how many questions you ask...
...you aren't going to learn what you need to know. I won't say every company does this, but at times a recruiter is told to say certain things that are at odds with reality.

Personally, I couldn't do it and live with myself, and that's why I left recruiting.

I think the best thing to do is to ask questions about a company on the boards, and try to get as much info as you can from the recruiter, but realize that real life might be a different kettle of fish.

Also, don't hang the recruiter after the fact. They are told what to say, and sometimes even they don't know the reality of day-to-day transcribing in the company any longer (if ever), and they completely believe what they are selling. I think most try to do their best to be as honest as they can. I don't think many would intentionally lie to you. They may gloss over some negatives, but they probably/hopefully won't lie.

I know this probably wasn't much help, I'm sorry!
No, it really doesn't matter sm
I get health benefits through my husband, so I really don't need those.  I do like my taxes taken out, though. 
You should make that no matter what. sm
With their FT minimums (which are VERY easy to get on their ortho accounts), you will be there easily. Mine tend to be in the $1400 range on the 1st and 15th. There are slower times and busier times but I never go under $1000 (and have yet to go over $2200, which is the next goal I have made for myself!).

Good luck in your new position! The ortho manager is the best!
I don't think hours matter.
I don't think hours matter. However, I would encourage you to get definitive answers from them.

I work 6-7 days a week by choice to get lines in so I can't verify whether weekends are required or not. I also give them a very general schedule as to when I'll be working and they don't have a problem if I need to change it.

Communication is great. My supervisors generally get back to me within a couple hours.
Dont think it would matter
It seems as if they feel they can get aware with it - and unfortunately they have for so long. Why - because they bounced checks in the past and no one ever said or did anything as long as they get there money eventually - I say bounce a check get fined, charged etc. Bounce a check at walmart and you can go to jail - what makes you less than walmart? Pay a bill late and get finance charges and fees - you are a business, charge them fess and late charges and maybe - just maybe - it wont happen again.
I always get a mix, no matter which acct I am on.
nm
No matter who you work for
There is no variant in my opinion.  8 cpl does not equal 12 cpl.  Sorry to have to disagree, but even with the most glorious platform and dictator, 8 cpl is 8 cpl, and 8 cpl seems to be the going rate, so you could pick and choose at this point with any of these MTSOs if you want to settle for 8 cpl.  JMHO.