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Serving Over 20,000 US Medical Transcriptionists

Not making $$ but still buying companies?

Posted By: MTPockets on 2008-12-05
In Reply to: Nobody is saying anything because sm - not a web fan anymore

What they MEAN is there is no money for those of us in the trenches who keep this company floating day after day. They apparently have enough money to buy out TransHealth - which we were supposed to merge with over a year ago! They had enough money to buy MTEC. Apparently they just don't have the money for the poor working stiffs in the trenches. Seems everyone else in this company is doing just fine!! Remarkable!


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With so many IC jobs/companies, would think MTs are buying insurance outside
v
Did Keystrokes sell to Transcend? I thought Keystrokes was buying up companies sm
but I heard from another service owner that they sold out to Transcend. Anyone know if that happened?
The companies are making a huge
profit.  They are paying the Transcriptionist half their line rate to work a VR program that is junk and doesnt really work that well.  Think about how great it is for them.  They get the same exact work from the transcriptionists while only paying them half the money for it.  They say you can double your money working on VR.  What a joke.  The one doubling their money is the transcription company.
the companies that are making folks sm
sit and wait for work will one day be out of business wait and see. As far as IC status, there are still true IC companies out there you just have to look for them. For that matter, there are employee companies that are very flexible as long as you get your work done.

Far as the doctors attitude, if they are farming their work out to an MTSO, the doctor has nothing to do with the hours you work, it is the MTSO that is the problem.

sounds like you need a change of company and there are a few great companies out there. Problem is I doubt you are going to make the cpl that you want (whatever that is). Nobody is making it anymore. Then again no job is making the money they should anymore right?

So we will leave it at that ok?
Ok - here ya go. I went from making $1800 per pay period to making just under $900.
Is that significant enough for you? Believe us, we are not just being negative with a grudge or anything like that. This is real! A month later, I was gone from there fast!
I'm buying it...nm

You buying?
x
But you have to keep buying
needles, and a bunch of other stuff, all of which stand a very good chance of having been made overseas.  You may be paying less for all this than for ready-made garments, but you probably still are purchasing foreign goods.  Just sayin'...
I'm not buying your story at all. Besides,
speech therapy, pain clinic, wound care are all not acute care. How many YEARS did you have in acute care and ONLY acute care? And how long ago? Also, how did you do on the test? You're not telling something.
SPi buying Medware
Heard this from a supervisor a while back that it was in the works for SPi to buy out Medware. Confirmed with another management person last week.
When they bought out CyMed, none of the editors or MTs heard a word until we had a conference call telling us that they had already bought out Cymed and changes would start taking effect almost immediately.
If you work for Medware and they do buy you out, be ready for some MAJOR changes to the way you do your work.
I actually thought the changes they made in our benefits from what CyMed had were improvements. CyMed never offered us ANYthing benefits-wise that was either company matched or just outright paid by the company, which SPi does...
They DO get rid of people who aren't 'doing their jobs' & a LOT of management were quickly gone.
Is SPi buying Medware?
I currently work for Medware and have heard about SPi buying them out.  After all I have read with SPi buying Cymed out and the way the company has treated people I am terrified now.  Can someone shed some light?
Likely that is the company buying you out. (sm)
Which company is offering you jobs?
Is SPI buying OSI (from post below)
//
Do you mean apart from them buying 2 Indian co's

And they seem to have an interest in buying some
nm
Please think twice before buying a computer for
As stated below, many new hires do not even have the work to transcribe 5 jobs a day. While the poster above is happy, she is not happy financially.  She is happy she got 5 jobs today to even transcribe. That's not going to pay for a computer.  Can you use another computer until you're sure this is going to work for you?
Not buying your retraction for a second
If you were that deliriously happy with your employer, you would not be INTERVIEWING, not just look as you said you turned down the job which means you INTERVIEWED.

I think instead you just realized maybe in spite of other problems you have with your MT, you're allowed to call your own shots on your schedule so you'll stay.

Don't try to be deceptive or change the meaning of your first post. It destroys any credibility you may have had going in, even if people did not agree with your post.

You love your heart sooooo much you're out interviewing...thanks for the giggles!!!
If you are really serious about buying clothes
that are American-made, here you go:

http://www.americansworking.com/clothing.html
Yes, I will, but I'm not buying this. I think someone's trying to stir things up.
xx
How about buying a set of SUM tapes to do some self study?
.
I wonder if buying another company could in fact
I wonder if for these employees this could mean a lower premium to pay for health benefits or steady work for the Transcriptionist that runs low each and every day.  Sometimes when companies merge it can not necessarily be a bad thing.  Transcription is definitely global.  I would have to imagine even companies who say they do not offshore are doing it but do not always inform the employees of such.  Not every decision that is made on an upper management level is passed down to the employees.  You'll find this a lot in institutions and larger companies.  That is why companies have CEO's and believe me they are making the decisions so that the company benefits, hence so will the transcriptionists even if you think you're not. 
A $1000 computer is bit different than buying $10
asfd
OSI in Ga. buying out Pradot and Fore

OSI has always sent work to India but the greedy little b___ couldn't keep their fingers out of more Indian pie.


Guess with their new partners who have Indian interests the final nail is about to come.


This is the very reason they are about to do an across the board pay cut. 


Why should they pay the US MT's more than they pay the Indian MT's?


Look for managment fallout.


Welcome to the world of the modern day transcription industry.


Maybe Acusis will end up buying Spheris, too.
After all, they bought DRC, and are looking for more.
You're right, but we would have to stop buying
drugs and Ford cars because their factories are in Mexico. The Ford cars are not big deal, but the drugs are. I do try to buy only American though.
S/L Transcend is buying DeVenture to me. sm
I work for DeVenture.  Not sure what to think, but their wording was a little strange.  Not sure if I believe things will not change as they stated.  The company name will be Transcend, so I am thinking the benefits will change.
Agree. Don't waste your time buying
Word 2003 if you don't have it.  They say lots of work and then there is nothing.  Also check any QA you get back very carefully as I don't think the QA lady knows what she is doing and she also has an extremely condescending attitude if you have a question.   I learned quickly to not ask since I didn't appreciate being talked to like I was 10 years old.  I wasted my money on Word 2003 and I wished I hadn't.
Agree. Don't waste your time buying
Word 2003 if you don't have it.  They say lots of work and then there is nothing.  Also check any QA you get back very carefully as I don't think the QA lady knows what she is doing and she also has an extremely condescending attitude if you have a question.   I learned quickly to not ask since I didn't appreciate being talked to like I was 10 years old.  I wasted my money on Word 2003 and I wished I hadn't.
Does TT still offer a bonus for buying hybrids?
nm
all this shifting aroung at MQ...is spheris still interested in buying them out? (nm)
/
Buying reference books a tax write-off, yeah? (nm)

Your opinion we stop paying taxes, buying
x
And stop buying foreign cars for crying out loud. sm
Look at the 10s of thousands of workers who are being laid off from GM and Ford after giving decades of their lives.  Thanks to all you people who buy foreign cars.
With Nuance buying Focus, what will happen to the eScription accounts? sm

I really don't think eScription is going to like the fact that Dictaphone/Nuance is going to be working on their platform and learning their secrets to their software.........do you?


This is so interesting to me as I am an eScription editor.  Maybe it is time I start my own business again and contact all of the eScription hospital accounts or contact eScription and get their input on this.


In reading Nuance's press release, Bringham Women's Hospital is an eScription account not a dictaphone account.   Very interesting......Don't you think?  Would love to hear opinions on this.


After 8 years in the business, I start buying presents in August, cause I know the slow period SM

is coming around the holidays.  :-)


Not to say we dont all starve and Im not totally stressed out come December, but at least Ive got my gifts :-) 


Get real..... who is buying new cars, satellite dishes, video games? How about rent, utilities on t
NM
Did Keystrokes sell to Transcend? I thought Keystrokes was buying sm

small companies but another service owner told me that she heard that Keystrokes sold to Transcend.  Is this true? 


I posted this down below but meant to post it as a new thread.  Before I apply with them, I would like to know as I left Transcend a few months ago and do NOT want to get back into that mess.


We heard Transcend is buying Keystrokes next. I'm not working for Transcend. No Way !
nm
TransTech and Medware, are these companies considered large, medium-sized or small companies? (sm)
TIA
they are making a lot of changes....
This is the first I heard of it also and I found out by logging on and all the sudden have all new work types. When I inquired as to why this happened and was told it was part of the "MQ compliance team" (whatever!). Later on that morning, I received an email stating that the first change made was to rank the MTs by classification: Level 1 - ER/clinic notes, Level 2 - ER, Clinic, Progress notes, H&Ps, DS, Consults, Cardiac notes, PT notes (everything except radiologys and OPs), Level 3 -everything including radiology and OPs.
how much are you making, cpl

what are you making, cpl. ect.

It is b/c OSi is making changes
Positive changes...and that scares the daylights out of everyone else.  Yes, they have made a few mistakes, but who hasn't?  I am with you here.  I never had a single problem with OSi until I came to this board and then I found out just how sucky my job really is.  So, why wasn't my job bad before?  It is a pitty that I had to come here to find out that OSi employs only the worst.  I make a lot of money and I don't leave my home.  I have a wonderful AC too and I love the people that I have actually gotten to talk to on a day-to-day basis.  What more could I ask for?
I'm currently making more than that, but have been
looking around, testing the waters.  I ace the tests, they call 2 and 3 times offering me different things, but never enough money.   I have even been offered 7 cpl as an IC.  My point was that experience doesn't necessarily count for anything these days as no one wants to pay you for it. 
Where are you making $120 a day, can I ask?
That's pretty good.
I will be making 9.5 cpl
They offered me 9.5 cpl right off when I was hired last week for an ER account.
making fun?
saying - Having a laugh - is not making fun - it is a comment - not like are they kidding, could not get a coffee for that etc. They do not belong here.
but I am sure if you are concerned the moderator can give you the information so you can apply.
I was making ...
17.00 a hour.
She's making more
than I am right now at my company and I have 15 years of experience and she has about 8 or 9. From what I have heard, it's at the top of the pay scale for most companies out there and you get paid half of your typing rate for editing which is a lot more than I make editing. All I can say is 15 years in this business, they pay very well and that is why I'm applying for a job with them.
Are you saying you re making 0.075 MORE than before, or
they are giving you that which is more than you made before? 0.075 more a line is hard to believe.
I was making 16/hr when i was QA
x