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Serving Over 20,000 US Medical Transcriptionists

DSG is 35hrs/1000 lpd.

Posted By: DSGer on 2007-03-26
In Reply to: Do any companies require less than 40 hpw for FT? - nm

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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.
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.
Over 1000 lph? You must be rich!
LOL
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?
.
To the poster below making 950-1000 per week, SM

I was wondering if you would share where you work, as I see you do 75% OP notes which are my favorite, but I never seem to get them, I do most HP and consults which I cannot make that kind of money on. I love OP notes. Thanks.


Not familiar with them but 1000 sounds reasonable
NM
I too had done acute care for 1000+ bed hospitals

Spheris was the absolute lowest.  Don't believe the BS that experience is taken into account.   I came highly recommended yet I was awarded cpl that brand new MTs would receive.  It should take you about 5 minutes to find something better than Spheris. 


Please, save the sour grapes routine.  In my new MT position, I spent all of 5 reports QA review and was turned loose and immediately went on to what they expect in terms of weekly line count.  IMO, Spheris is not an MT-friendly company. 


Thank you for the reply - is there any benefit to saying you will type 1000 per day?
Can someone sign on for 500 and type more than that? What I am asking is, is there any benefit to signing up for 1000? :-)
Dependign where you are in the US, rent can be $1000 for a 2-bedroom apt or even a
more than that. The one thing that has always sort of amazed me is that because we work at home our salaries do not always equal our locations. For example, it is far easier to make a living at 9 cpl with an average of 1200 lines per day if you live in the country (as I do) rather than if I lived in a city. I do not own my home at present and pay $750 per month for a nice-sized 3 bedroom home, but my best friend lives out near a larger city and pays $1600 month for a house that is almost the same as mine. In the he real world, salaries are adjusted by locality, but because we work from home that little factor seems to have been eliminated. I know that I would never be able to survive on my pay if I lived in the northeastern part of the US.
1000 lines discrepancy needs to be fixed.
nm
The last time I heard, they were over 500 and plan to be over 1000 by the end of next May sm
because of new accounts, expanding accounts and I think buying two smaller companies at the end of this year. I have a good source, so these are accurate.
$1000 toward the purchase of a new hybrid vehicle
It's a nice way for TT to encourage environmental consciousness. My husband and I are in need of a new car. Haven't made a decision yet, but we're definitely considering taking TT up on this offer.
MTSOs with insurance deductible 1000 or less? nm
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That's disgusting, 1000 US worker versus 600
that I gave Transcend the boot a few years back during their difficult times. They were awful to work for, and now I know why. This was all hush hush back then and still now. We're not supposed to have the intelligence to read the newspapers, let alone find the news.  Backstabbers for sure, and one of the biggest games in town, when they always screamed they would never do this to us.  Yeah, right. Go Transcend India!! And they don't even have the guts to call us US MTs - we're domestics. 
I don't fault them for that. In reality, with nearly 1000 employees...
they couldn't just open the floor to questions on a town hall phone call like that.
goodness 1000 lines short!!!
It kinda sounds like problems on both sides to me.
Not a good thing. Hope you get paid and the correct amount. Labor Board
The company DOES have a way to figure out how many lines you did FOR SURE. Really think they don't and would depend on the MT for the count. They have all sorts of ways to manipulate the count too.
No, she said 1000 monthly - not weekly. Less than minimum wage! nm
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