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I doubt you will make enough money in 5 hours a week to make

Posted By: it worth your while. on 2008-09-21
In Reply to: Any companies out there that allow you to work 5-10 hours a week? - momof6

nm


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I work 1 job, about 36 hours/week and make at
least that amount, plus have vacation and PTO, also an employee so they pay taxes.   I found that working multiple account keep me from making money because I have to learn so many doctors and be aware of the different formats/platforms and account specific stuff.  I used to work a bunch of jobs part-time and was working 7 days a week and lots and lots of hours and not making very much money.   If I worked the same hours on one account I could have easily made $80,000+/year. 
I make about $1,500 a month working about 20 hours per week.

Believe me, I'm not bragging or slamming anybody at all.  No way.  I'm frustrated with my own income because I'd like to make more.  I'm willing to put in more hours to do it, too.  Honestly, I'm not that fast.  I have one very small local account and one small MTSO I subcontract for.  None of it is verbatim, it's clean up the grammar as you go, which totally slows me down.


I won't work for a national any more because I couldn't make enough money there.  I wasn't willing to tough it out for three months until I could make their line counts, especially when they had me on their worst accounts, pools of hundreds of dictators per hospital so I couldn't use my expander, and a new account every week.


I've said before that if I'm going to do MT, it's going to be on my terms.  I won't chain myself to a desk or be "on call" all day long waiting for work to come in.  Nationals don't pay you to sit there and wait for work.  That's bull.  Being on call IS working.  Other businesses pay their "on call" people at least minimum wage.  They skirt around the issue trying to use SE and IC terminology, but it's just a way of paying us less to be at their beck and call.


Don't give up on MT entirely.  You'll find your fit.  It just takes some searching.


I make 1300 per month 10 hours per week (IC) extra job

I am curious about the amount of money I am making at this time. I make around $700 every week and
I am wondering if this is average or if I am selling myself short as an IC.
Amherst so we make less money and they get more money for MQ and bigger bonuses. Our guidelines came
from Amherst.
I doubt it - that would make too much sense.
nm
Doubt that will make a difference, but looks like
lots have quit working.  Ran of work earlier today and there is a TON now.  Looks like someone is trying to get a message across. 
Why can't you make money with all OPs? I do all OPs and make
good money.  I'm not with WebMedX though. 
yep, gotta spend money to make money. NM
.
Bare minimum? I make over $50,000 a year in 40 hours a week. That is not bare minimum. sm
Bare minimum would be $8 an hour which is $16,640 a year or $10 an hour which is $20,800 a year. I make more than twice that and that is NOT bare minimum.

I worked to get my typing speed to 80 wpm. I worked to get my Expanders user-friendly and plentiful. I am not the fastest because I look up what I do not know, but I am lucky to have a very good memory so if I type it a few times, I do not have to look it up. I keep notes when I run across something I do not know. I am interested in my profession and read the magazines for our profession and network with other transcriptionists during my free time, devoting a minimum of 2 hours per week to networking and learning new things.

I am not the fastest MT, but I am accurate and boiled it down to simple math. I need to transcribe 250 lines per hour for 8 hours a day, 5 days a week. At 10cpl, that is 2000 lines a day x 5 days per week x 50 weeks per year. I take 2 weeks off per year during July to visit my grandchildren (unpaid), 1 week a year to vacation with my husband (paid) and 1 week a year to spring clean (paid). I have worked for the same company for 4 years and 8 years for the one before this.

I treat my work hours as work hours and take 1/2 hour for lunch which I do not include in my 8 hours. I pretend that I am working outside the home and do not answer the door, get the mail, do laundry, etc. If I have a good day and go over the 2000, I bank it in my mind for days that are not as good and make sure that I get 10,000 lines each week.

My W2 each year is consistently $50,000. A few years it was higher, but I worked a few weekends, which I no longer do.

It IS possible.
I make 11 cpl with straight typing with MDI, and I doubt Transcend will keep our pay as it is. I am
nm
Quit jumping on people who make that statement. Doubt she is
xx
You won't be able to make any money there.
Especially if you have to enter ALL of the patient info.
MAKE MONEY ?
How on earth can anybody make a decent pay with this editing crap?? It is not user-friendly...it is slow and they pay is even more crapier !
Can you make any money?

Hi all,


Just wondering if if is possible to make much money doing transcription for these companies at home.  I just started with one and they are very nice, professional, etc. etc., however I feel I am moving along at quite a good pace and am just making a little over $10 an hour.  I was hoping for more like $25.  Is it possible anywhere?  Let me know what the average pay is?


I wish I would get more OPS, always make more money with them.
nm
I think MTs believe NO ONE should make money but them!
If no profit is to be made, no one will be in business - whether it is a small MTSO, an MT on her own, or a national. Heck, even a hospital will close if it isn't making profit!

Business is to make money. Competition is so high for companies/MTSOs. It's not the MTSOs fault, is it? No. They have a right to make a profit for their work.

I'm like you: I don't agree with everything going on in the profession but I am very happy with my work and always have been. I can accept the things that I cannot change. Otherwise, if I am unhappy, I move on. No sense sitting around being glib about something you have every opportunity to change.
Sometimes you make LESS money
Because of having rounded experience, you sometimes get all the crap/scrap work.

How do you make money like this?
Are most of the reports full listens? Does it balance out with lots of reports with only 1 or 2 blanks? I'm considering an offer and need to know if I can make any money with Focus on escription?
How do you make money on VR?
Please tell me how to make $50 an hour with Escription.  I need to be making more than 7cpl.  My husband can't work so I have to take care of my kids.  Please email me any info on how to make money on Escription.  Thanks so much
At TT, can I really make as much money with VR
nm
make more money at Wal-Mart
and they give you a piece of the company


lol
Etransplus--can you make money there
Does anyone know about etransplus.  Upon until now the feedback I have gotten has been pretty good looking through the posts.  I was really taken aback by the amount of styles they have.  Wow, what a change for me.  I know I can get used to it, but I know I'm going to probably take some time.  How do their line counts jive with a character count line?  I really liked the fact that they offered insurance for 900 lines a day.  That is great.  I hope I can bang out the lines!
At Spheris, if you want to make more money
you have to go to a higher level account, period.

That is the only fair way to do this, in my opinion.
so why not buy a few shares and make money off them anyway?
x
I make great money there
I do not do radiology, but ER and basic 4, and I make 10 cpl, have tons of work, and make a great living there. That is just my own experience. Others may have had different experiences there.
You can make a lot more money than that at home
NO MSG
MT's often make more money than managers too
.
hard to make money
One account has a rotten platform that doesn't work half the time and has a long record of miscounting lines.  Just about everything is 100% listen which makes it even harder to make money by the line.  Big turnover in account managers lately so expect to work for phone clerks and HR clerks who have been promoted to account manager (cheaper that way) and people who have no acute care experience whatsoever.  You've probably already been told there is no holiday pay, the vacation time sucks, and the insurance is horrible.  If you just need editing experience to move on, that that's the place.  
i make more money at home but
you must be disciplined to sit and not get distracted. There are a lot of distractions at home.. I do know I save a lot of money not using my car.
And that might just explain why MTs can't make any money. nm
x
I beg to differ, I make more money on VR sm
than regular transcription now.
Me too. You work, you make money. SM
You work well, you make more money. You work smart, you make more money. You work long, you make more money. You work hard, you make more money. The key word all else depends on isn't zone, it's work.
Gosh you can make a lot more money in QA
:)
Could you expand on that? Why can't you make any money with it?
x
make better money coding...sm
I do earn more money coding, mainly because it is hourly pay (so no fluctuations like you get with line counts) and the value of the benefits. I do think there are coding jobs which are much less stressful than where I work. Actually, I think most of them are. Our facility is huge, actually has it's own little city, with 3 hospitals, one with a level 1 trauma center which is shared with a children's hospital, 150-some clinics, an eye institute, and a cancer center plus is a teaching facility so we do the coding for the college facilities. Most coding jobs in my area (midwest) are working from home. Our benefits include health, dental, life, disability and vision insurance, FSA and HSA accounts, tuition reimbursement, AHIMA membership paid, 403B match, 4.6 hours of earned vacation and 1.8 hours of sick time per pay period (2 weeks) so they're pretty good. I do know coders in other facilities around here who do not have the same stressful conditions which we have and who love their jobs. Much of it is due to size and our remote management. I used to work at a smaller hospital and really liked coding there. I left when my daughter became ill and needed me home. I ended up at the facility I am with now because they were one of the few places who did have home coding available at the time that i started. Now I just think I am too darned old to start over someplace else and give up my seniority, vacation accrual, etc., so I will stick it out until I can retire. So it's my own fault I'm miserable 'cuz I don't make the change! If you go into coding, I hope you get to be one of the people who does love it and would venture a guess you would not find the stress level to be what ours is unless you work for one of the largest of facilities.
I couldn't make any money with them
for pretty much the same reason -- and I usually do pretty well with ESL dictators, but combined with the dictation quality it was rough. I think they started at 0.0875 per line, with maybe more per line depending on how many lines you produced. I don't remember for sure about that though.
Used to make good money
My income has dropped by $20,000 in the past 2 years working at Spheris, and from what I understand new hires get paid even less.
I asked for and make no money with the
rescue group. I do not file on any taxes, I did not incorporate it, my only thing is to be able to interact with the animals and rescue from otherwise the animals being put down. I did not go into for the money. If others make money off of it, that is up to them. I only finance.
I do VR and love it and yes you can make money but
you need a good platform to be able to do it. I work on Escription, possibly the best according to others who work on it also. I make 4 cents a line,the biggest percentage of my work day is VR but also have some straight thrown in. I do NOT use any keys to help me. I have done MTing now over 30+ years, no newbie here and fast speed of 120+. I usually average over $20 per hour. I am very familiar with my acct (same hospital job now for 19 years), hold my pedal down and fast forward as much as humanly possible and really like it much better than straight anymore. No secret on my end, just able to edit fast and yes, I do read each and every word and do not just let the work go through in order to make what I would consider decent money.
I never said I didn't make money being an MT. sm
I simply was exploring what would happen when a manager was informed they would take home half their pay in October. I don't know if I'll make money when my pay is cut. Will you when yours is cut?

Kudos for the rolling eyes, I wouldn't have thought of that.
I would rather work on 1 account and make more money, than 5 different ones! No thanks. sm
I think their new program absolutely sucks and there are a heck of a lot of people who say the sound quality is horrendous. I wasn't sticking around to find out. I made my decision as soon as I saw what it was about and knew it would slow me way down. Hey, to each their own. If you like it, fine. I am happy about my decision and glad I did it.
Maybe they are like me, love the platform, but can't make money with it
xx
Too many companies invested money in VR, and they are going to make
sure they can use it, no matter what. So even if it can only type if, and and the correctly, it will be put into VR and the poor MT that has to straighten that garbage out will be paid a big fat amount of around 4 cpl. These companies are the greediest bunch I have ever seen. None of them are worth the ground they sit on.
I wonder if an MT can make as much money as a RN nurse? Curious about that
and wondering
Its sad that we dont believe MTs can make good money at this job....

In the past 7 years that I have been an at-home IC (left my hospital job), I have made no less than $50k and this year, will hit my all-time high of $62K.  There are still good accounts out there, with great dictators that pay .10 to .11 cpl and if you are fast, with great macros and expanders, you can still make $40-$50/hr.  Experience and reliability are what get you top dollar and there are companies willing to pay.   Its sad we doubt those that make the good money.  Maybe there is a tad bit of jealousy there!


I wish I knew where I could make comparable money. nm
x
Not production but can make a lot of money at Med. Bazaar.
abctranscription@insightbb.com
I went back to transcribing because I could make more money!
They wanted me to wade through pure garbage work the MTs were uploading for 3.5 cents per line and $14 an hour on top of that. Trust me, it was NOT worth it. I am happily transcribing again and making more! Let the MTSO or company edit for peanuts. I have bills to pay here!
Believe me, one can make decent money at TransTech.
There is plenty of work and I don't think the incentive plan is low at all. A good MLS should have no problem hitting the first tier and the QA incentive should be automatic. The starting line rate is also one of the best I had run across. I'm not trying to convince anyone to come to TT, its not a good fit for everyone, just wanted to share my experience. If one is getting a negative vibe about a company, I don't blame them for not wanting to give them a try.
I don't struggle. I make good money.
But then again I have been doing this for 21 years, work for a national at nearly top pay. Not sure why the ones who are complaining do it. Well...actually I do think I know why SOME do it. They got fooled by the false advertising of MT schools. Work at home and make $50,000 per year. Yeah right. Not right out of school, nope! That would be the RARE case. And even being able to work from home right away would be difficult IMO. I learned SO MUCH from my coworkers during those first 10 years when I worked in office and in house at the hospital. All of that on the job experience made a big difference when I went home to work. Had I started working from home with just my MT school education....I would probably hate it too.