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RN versus MT, which would involve the most money to be made. I am not sure if I want to go into RN

Posted By: Angela Rae on 2006-03-27
In Reply to:

nursing or remain an MT.  I wonder which one pays best?


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money versus time
I have a friend who is a small MTSO and she said running her own accounts she has come to realize that she either can make good money with her own accounts or be an IC/employee and have more time. She says she picks the money. She works 7 days a week, 15-18 hours a day. Life is too short. I'd rather have the time.
Can you make money editing versus transcribing at 3.75?

I really would like to hear the pros and cons of editing versus transcribing the reports.  I have been offered a position with Sten-Tel at 3.75 cpl.  I was told my production would increase and I would make more money.  I really want to make good money, but really do not have anything to compare editing too.  I have never done it before, thus I do not have a good grasp of how it would or would not increase my production.  If anyone can give me a breakdown of the pros and cons at STen-Tel working at 3.75 cpl, or any information on how much you really can make editing, I would have a better understanding.


 


Thanks


MDI versus MedScribe versus SoftScript versus Transsolutions versus TransHealth. SM

I'm getting ready to start applying and these are the companies that I'm looking at.  So give me the low-down.  Good, bad, India?


Here are my criteria:


9 cpl or better


Does NOT send work to India


Good accounts with at least 50/50 of ESL versus American dictators


Consistent work flow - no downtime or time spent waiting for work


Upper management should be professional, positive, and encouraging.


Pay for lines WITH spaces.


Is there such a job out there or am I just dreaming?  If there are other companies other than the ones I listed that would fit the bill, please feel free to let me know. I tested with TransHealth and I felt like I tanked.  It was a hard test and I had to use the mouse to stop and start the dictation as it was online test and you couldn't download the voice files.  So that made it a lot more difficult.  One of the dictators was cutting himself off through the report and I had to leave some blanks.  I'm very frustrated with this whole process of looking and testing.  Are all the tests like that?  Or are there companies that allow you download the test files and transcribe them using your pedal and software?  Ugh!  I am just so frustrated and discouraged.


Thanks for any helpf.


Me 3, made good money with less cpl than now. nm
xxxxx
I worked that way once, best money I ever made.
.
Is there good money to be made at Transtech? nm
nm
Me, too. I've made so little money this month that I can't even
make my house payment.  This is getting beyond ridiculous.  If it's not one thing, it's another.  I suppose I could go pawn my computer since I'm not getting any work.
I made excellent money in my very first year but ...
... that was about 13 years ago, and it was with a local MT who needed help for all her own accounts, all easy family practice office visits.  She paid 9 cents gross line, didn't use a counter, just said to manually count the lines on each page (!) but was always at least $5 a page.  We didn't use expanders, had no platform, just used a dictaphone machine hooked up to their office and just typed as it came in, 24-hour turnaround time, and anything that came in after 5 p.m. that day was considered the following days' work.  It was great.  Too bad the big corporations spoiled it for all the little guys out there like me and my mentor.  I haven't made anywhere near what I made that first year since because the big corps ate up all the local accounts around here and won't pay more than 8 cents a line for clinic work.  Sucks.
You said it: "They made good money."
I don't mind working hard if I am getting paid accordingly. Doctors and nurses make good money to work weekends. My sister even gets a very nice shift differential for working evenings, nights, and weekends. I get none of that. I get the same 7 cpl regardles of when I work. Hardly seems worth the $12-13 an hour I make to give up the precious little time on the weekends I get to spend with my family. Guess each just has their own priorities in life and mine is not work.
Doing great! Made more money in one week at TT than I did in a whole month
at previous job!
Be wary of their platform. If it's Apex, I'd run. No money to be made there.
I would do whole pages and only end up with like 30 lines. No thanks. I would have starved at that rate and it could be their line counting system too. They do it based on only black visible lines which obviously means no spaces. Good luck though. If I remember right, they send you the footpedal but it's been a while.
Hated VR. Made less money that straight transcription..sm
I was extremely boring and mindless work.  People say they doubled their production/lines with VR.  That is true but remember if you make 0.08 straight typing and 0.04 doing VR, you are making the same amount of money.  I made about 150 bucks less a month because the dictators were horrible and I had to end up typing almost all the reports over.  I will never do it again.
I agree. I was with MQ and made fabulous money and worked for
large universities.  Finally, I had enough and left 2 years ago and never looked back.  It wasnt easy at first learning new hospitals but I am still at that place and am fine.  Actually, I like learning new hospitals every now and then, takes care of the boredom.  Now dont get me wrong, the money isnt as great, but I cant take the boredom.  I lose my focus when I get like that and get sloppy I think.  You just dont watch as closely so every now and then you need a reality check and get pulled back into shape, at least I do.  I focus much more closely on new accounts.
perhaps she preparing for this for a long time. seems she made a ton of money. NM
=
Why is pay rate confidential? It is YOUR money that YOU made with YOUR hard work. You should be
:+
I worked there for abour 4-1/2 years and made excellent money.
I hated to leave but I was only scheduled PT but allowed to work up to 40 hours a week as I wanted. Certain family obligations made me have to choose between FT at Spheris or my local accounts and I chose my local accounts.

I was pulling in about $40,000 a year.
Any Wedmedx'ers out there. How anyone made decent money with them and how is their platform?
Thinking of applying but would like the skinny on if you can make any money with them.
Just wondering if the platform is productive and if the money made is decent.
I have worked on too many platforms where you really struggled to get a good line count and make decent money. I'm just curious how easy it is to get lines on their platform.
I am glad to hear that a lot of money can be made with MT work. This gives me hope for the future.
$$
You could threaten to involve the media in their area.
.
Becoming certified, anyone know if there is more money involved in being a certified MT versus non
certified.
Their test didn't involve all that dictation in the past. Wonder why the change? nm
s
Amherst so we make less money and they get more money for MQ and bigger bonuses. Our guidelines came
from Amherst.
The company takes the money out of your salary, before they cut the check. It is your earned money,
:+
It's about "money, money, money, mmmoonnney. Singing The Apprentice song.
:{
yep, gotta spend money to make money. NM
.
So does yours. Perhaps you need a basic money class to learn to keep money. sm
I am off today and appalled at reading the posts on here.

Are you always this bitter? Do you have a family and friends who are safe and healthy? Count your blessings instead of being so angry and you might see that this is not a bad field to be in. It has kept food on my table for 27 years and will continue to do so. Is it harder now? You bet, but it is not impossible to make a good living of $50,000. You just have to work hard, give it your all and appreciate the good companies that are out there.

If I were an MTSO, I would find out who all these people posting such bitter posts are and find replacements for them a.s.a.p. Negativity spreads like poison, and with the world in the state it is, we should bond together not make it worse.
Money is not the root of all evil, the LOVE of money is. nm
x
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.


MQ versus others
Neither do I......
SE versus IC
I thought they were the same, so I guess I am the one with the missing brain cell!
IC versus SE

I know the SS differences between the 2 but can anyone tell me is there any real advantage of being an SE versus an IC?  Why did MQ do away with SE?  Do you think this will be growing trend with companies?


RN versus MT
Take the R.N. course. I wish I had taken it at an earlier age. You will have a job that you can depend on with good salary. Don't make the same mistake I made.

Good luck.
RN versus MT
So true!!!
SE versus IC - sm
If you got 8 cents as an SE, what do you think this would calculate to in line rate as an IC - 9 cents?  By this, I mean SE helps with your taxes but by how much would you estimate?  Anyone know? 
QA versus MT?

I was just offered a QA position.  If I accept the position, it will be my first QA job.  According to my calculations, I would only make about a dollar more an hour on average by staying a production MT than I would as QA with this particular company, who pays their QA staff by the hour.  I am wondering, is being offered QA anything like a promotion in the industry, or is it more of a lateral move/matter of preference?  Would love to hear opinions on pros and cons of QA  Thanks!


BS versus DQS
I have used them both and produce about 150 more lph on Bayscribe.
MDI versus MDI-MD
Would appreciate clarification - Are these the same company, the one located in Gaithersburg, Maryland? Thanks in advance.
MDI versus MDI-MD
Thank you for your response. Do you happen to know if the one in Maryland is the one that people generally refer to as a good company to work for and one that and does not send work out of the US?
MQ versus Webmedx
Been and done MQ...now at Webmedx and enjoying my job again. Nice to feel valued.
SE versus IC. I know there is s simple

but I'm a math retard.  If an SE made 10 cpl and an IC also made 10 cpl, and everything else were equal, then the SE is actually making more because half of the 15% social security tax is paid by the employer.  So the SE makes 7.5% more than the IC, correct?


Now here's where I'm a math retard.  If you take that 7.5% into account, what is the SE's *real* line rate?  Sure, it's still cpl but when you figure the employer is paying 7.5% of the taxes then does that make the line rate actually more like 10.75 cpl?  Or am I off on my math?


MT VERSUS MTSO
I have to agree with you that job hopping can look unprofessional. I have a bit of dilemma though: I am on my second job and either I stay and continue to be unhappy or risk a third try that may put me in a similar/worse situation. Here's the kicker though - My problem is not the company...it is my coworkers. I am discouraged by a lot of my fellow MTs' work ethic and the every-man-for-himself attitude. I don't mind sharing my normals with everyone. If it means they are more productive, helps them get more lines in and our account is in turn, why wouldn't I want to share? We have all been new to an account...why not be helpful and supportive? Here is the resume I would love to send out:

MT with 3 years experience in acute care; ESLs not a problem; reliable, will work the schedule YOU need, will be on time and stay for entire shift(imagine that); no children to bring to doctor/football practice/exhusbands house/school play; actually does research, has an extensive library of research books, and does not just toss a job to Quality dept for them to finish; NEVER cherrypicks or skips jobs; will not poach, working outside my schedule trying to get extra lines to pay for Xmas/kids braces/second mortgage, taking work from others; does not mind working over/extra when needed; does not have a endless stream of mysterious health problems - in fact, has only called in sick once in 3 years; recognizes the Quality department's value and that they are an essential part of the job I do; does not whine about hard dictators/OPS/ESLs/short reports/long reports; have taken Anatomy and Physiology courses in addition to initial training and still taking continuing education courses; sitting for CMT next month; helpful and supportive of my TEAM (for those of you who do not know, that is my coworkers and my employer); does not have constant, vague-sounding internet/phone/electricity problems that prevent me from working.

Here's a thought (not for the original poster, but for those the shoe fits) - how about thinking about what you have to offer a company instead of what you can get out of them? What do you bring to the table? Selfishness? Laziness? A baby hanging off of your hip, a slew of pathetic excuses, and a victim's attitude? No wonder you are not happy anywhere...you get what you give.

I will not send out that resume, obviously. Why? Because those types of MTs are everywhere. I cannot hope to find a place where none of that exists, not with the pool MTSOs have to pull from. Plus, it is not professional. The reason I did it here was to illustrate a point. People do not always job hop with the hope of improving their situation, many do it for bonuses or to find a place where they get the most and can do the least.

Want change? The responsibility for change and growth within this industry lies with the individual MTs.
IC versus Employee
As an IC, you can deduct at 100% all of your expenses.  An an employee, you can only deduct the amount that exceeds 2% of your gross income (if you are married and filing jointly, it is yours and your sponse's combined gross income).  In other words, if your joint combined gross income is $100,000, you can only deduct your expensed over $2000.  That is a huge amount to have to not include.  Check with any tax accountant or IRS regarding this.
Holidays versus PTO

I think it all depends on the amount of PTO that you accrue per pay period.  Some companies allow you to accrue more, but then you are expected to use your PTO for holidays.  Some may pay for holidays separately, but then you don't accrue as much PTO; it basically all balances out in the end.


IC versus employee

This is a muliple-part question--hoping someone here can help with some or all of them! 


1.  Does anyone have experience working for Shriners' Children's Hospital inhouse in Norcross, GA?  Many ESLs, how are working conditions, etc?


2.  I've been recently sent home from my small office practice (didn't volunteer!) and changed from transcription/med records clerk employee to IC; lost benefits. I think a little further on I'll have to get another inhouse job--remains to be seen if I can afford to live on this reduced income.  Does anyone have solutions regarding health insurance for self-employed, single people?  In my state an individual BCBS premium for someone my age is $300.00/month w/$250.00 deductible. (Yikes!)


3.  How to tweak my (hopefully) next interview to reflect that in my last job I was told basically I wasn't a good "fit" for the office, even though they were happy with my work quality and quantity?  In their opinion I didn't pitch in and answer phones quickly enough, schedule patients and take on copying duties cheerfully enough--in short, lacked a positive attitude, even though I DID do these extra duties politely. I'm nearly 60 years old--and don't do perky very well.  Should I just explain this last job didn't suit my skills and personality? 


Thanks for reading thus far--will appreciate your suggestions or input!


 


 


VR versus straight
Oh, I get pain 4cpl for VR.
VR versus typing
Do you make more money with straight typing or VR?  Just a poll.  I do both and seem to make more straight typing.  You would think VR would be quicker.
VR versus typing
I make WAYYYYYYYY more money typing that VR. There is no question about that at all. On one particular account that I do I can type almost as fast as he speaks so that is a great moneymaker, but even on my fast talking doctors there is no comparison to doing them in VR.


SPI versus MedQuist
I tested with SPI yesterday -- no word yet on the results, but keeping fingers crossed very tightly!  Anyway, got an E-mail from Medquist today but I see I lot of MTs complaining about running out of work and a high ESL range of doctors.  Is MedQuist a place I should avoid?  I haven't tested or applied yet -- just looking to get out of where I am working now.  Not enough lines and just generally unhappy there. Thanks for all of your input!  Was offered a job with DocuMed -- called to accept and was asked to type a few more files only to never hear from that company again.  I guess I did some free work as I heard that I was not alone.
MQ versus Webmedx
Can anyone compare the hourly line rates between MQ and Webmedx for me?  I'm usually around 250 and 300 per hour at MQ but want to find a company with a better reputation.  Just want to know an average of what anyone can type at Wedmedx per hour.
OSi versus DeVenture

Hi.  There used to be a lot of negative posts on here about OSi.  What are you guys' current opinion on it?


Here's what I'm really contemplating:  contacting DeVenture, who had offered me a job at around the same time that OSi did.  Here's why:  I got put in a program that would advance me to acute care kind of transcription.  It did, but now I have to type for about 10 hospitals, thus I never can get good--or a good line count--at any ONE hospital's transcription.  So--my cents-per-line rate in theory has gone up but there's no way I can make the kind of line counts I made when I was just doing clinic transcription.


Theoretically, I have a primary account, but there is never enough work on it.  That's why I get work from 9 other difficult accounts instead.


Anyone else having this type experience?


Thanks a lot-


CC