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Serving Over 20,000 US Medical Transcriptionists

Ok, my tax person saying on every $1000 made

Posted By: Sarah on 2007-03-05
In Reply to: The reason there is a change in pay - me

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?


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NOBODY, other than the person who made the
You people really need to get a life or get back to work, one or the other...or both. Gheez!
The type of post made by this person

The type of job ad post made by this person is not condoned by MTStars.  Due to the unprofessional content of the job ad, the post has been removed, the posters email has been deleted, the post itself has been removed, and the posters IP has been banned.


I can't stress enough how degrading it is for any MTSO to post foul language in a job ad post along with making references that people should know what the **** they are doing.  Our industry has been demoralized enough without our own MTSOs posting in this manner. 


MTStars apologizes to posters for this MTSOs poor judgment in posting.


Administrator
MTStars


The type of job ad post made by this person is not

The type of job ad post made by this person is not condoned by MTStars.  Due to the unprofessional content of the job ad, the post has been removed, the posters email has been deleted, the post itself has been removed, and the posters IP has been banned.


I can't stress enough how degrading it is for any MTSO to post foul language in a job ad post along with making references that people should know what the **** they are doing.  Our industry has been demoralized enough without our own MTSOs posting in this manner. 


MTStars apologizes to posters for this MTSOs poor judgment in posting.


Administrator
MTStars


I think it is one person. I had a few print outs from a few weeks ago and this person even capital
I have had a positive one. I have been with Keystrokes for 3 months and am very happy.

I printed them to show my manager but she told me that there are few bitter people out there and no one can do anything about them. My manager said that everyone can tell that it is the same few over and over again, for Keystrokes and a few other companies as well. Time to move on Ms. Anon. I cannot think why a company would go through the trouble of getting IDs and getting you installed just to ignore you after that. Doesn't make sense, does it? Are you sure that't the whole truth? You keep saying truth but it sounds fishy.
Exactly what I'm talking about RUDE! You are a very unhappy person. A happy person does not
respond in such a way!  This is the reason SS has such a bad name.
I am not a hateful person but that person screamed at me for 45 minutes. sm
She said all transcriptionists are idiots.
u made 300 a week? That's more than I made there.
But no work, no pay. Nice ppl, they really are, some of the nicest in the business. Just can't communicate to save their lives and the recruiters are lying dogs.

I'd say if you're looking for part-time work, as in less than 20 hrs a week's worth of work, then this place is for you. Use them as ur backup. Because guaranteed that's all they're using you for.


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.
DSG is 35hrs/1000 lpd.
.
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.
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