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Whaddya mean bail? Did they sell the company or just quit?

Posted By: Curious Georgette on 2005-12-01
In Reply to: They are planning to bail on other company - giving up control effective 12/1

Very interesting.


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They are planning to bail on other company
that was in employee newsletter
The owner of the company I work for says she will never sell but I doubt anyone could
pass up millions if put in front of them. I couldn't, that's for sure. A nice island somewhere with someone to bring me slushy drinks :)
Fatcat -- whaddya think?

You're generally pretty vocal (in a good way) about MDI and I'm just curious as to your thoughts on this situation.


absolutely, they need to have new hires for all those who bail with the buyout. sm
you don't think they've prepared for many to quit when they hear the news. They know what they're doing, but unfortunately they don't care who gets trampled on in the process.
Kinda sounds like you got scammed into doing some free work for them. I'd bail. They are underhan
I wouldn't trust anyone who does business like that.
VR is a joke. I just quit a company that used it. SM

You wouldn't believe the errors.  They pay low to edit VR - about 2 to 4 cpl or low hourly pay but you still have to listen to the report to be able to fill in the blanks and to correct the VR errors. 


The low pay, IMO, is not rewarding an experienced MT/editor for their knowledge and expertise. 


I quit because it was a crappy company. I worked in QA.
There was so much crap like you are spewing here.  My standards are much higher than SS and I told H so when I quit. 
I wouldn't quit a decent company for seasonal low work volume.
I'd hang around and see what the New Year brings. I wouldn't say that if you were working for MQ, but I would for a company with a decent reputation. If it is still slow in January, I'd talk to my supervisor and find out what her take is on the situation.
I feel your pain! I decided to shut up rather than put up and quit my company. Better places out t
nm
I just quit Medquist, hired by Etrans and quit them after one afternoon during the last two weeks!sm
Medquist made me buy a new computer to go to the "Docuscribe" system that was so much better than cottage.  When I got there I took a real big pay cut to the tune of probably 30 to 40%.  I was getting paid gross lines doing Cedars-Sinai operative reports.  I asked for more per line and my supervisor just laughed and said you think were going to pay you $0.12 a line to just do operative reports!  I said I quit.  I should have said F you and your mamma too:(  I had been there all together 7 years through buyouts.  I am just sick of it all.  I'm going to go sew my daughter a cute little Halloween outfit right now. 
What do you mean? Who is PSI? Did OSI sell or something? nm
x
And I will sell it to ya, too. lol
p
? about Keystrokes..Did Lee really sell? nm
xxxxxx
Didn't YOG sell out to MQ?

x


yes. you should be very scared if they did sell.
SPI is a bunch of crooks.
However, if you are willing to sell yourself cheap,
x
So you;re willing to sell America out
because there's always work---(for now)?
I don't sell America out
I work only for companies that do not offshore, period.
sell not sale
just before someone jumps on that one
Fatcat - I know exactly what you mean. She does have the right to sell

her company, and if she had been honest and up front and just TOLD us, hey, I need to go in a different direction, I want less stress/work, whatever, so I'm looking to sell the company, I'd have been fine with that.  If she'd been honest and said I'm in negotiations and some of your work is being funneled into the new company so they can test the accounts or whatever, I'd have been most unhappy, but at least informed and looking for a new job.  It's the fact that they've boasted for years we're the cream of the crop and then gave us the mushroom treatment, and treated us all like we're stupid sheep that will just trot along with Transcend and take whatever they decide to offer us.  I can't believe for one minute that they had any of the MTs in mind if they didn't even bother to ask what the pay scale would be, the scheduling requirements, or even the LINE DEFINITION.  Carlotta flat out said in my call yesterdya that she hadn't even THOUGHT TO ASK what kind of a line they pay on.  For all they know we'll be getting huge pay cuts along with say losing all our spaces or whatever.  The fact that she said they never thought to ask and they knew absolutely zero answers to EVERYTHING that directly affects the MTs told me that they either knew and were NOT about to tell us and make us madder, or they never bothered to ask because they absoultely had no interest in it.  If they'd been honest and told us what was going on, I could handle this much better.  It's the sneaky underhanded way they did it, after years of touting their open communication, etc., that really bothers me.  And the offshoring is just the icing on the cake of the giant slap in the face.  Talk about stepping on the backs of the people who put her at the top. 


Fatcat - I know exactly what you mean. She does have the right to sell

her company, and if she had been honest and up front and just TOLD us, hey, I need to go in a different direction, I want less stress/work, whatever, so I'm looking to sell the company, I'd have been fine with that.  If she'd been honest and said I'm in negotiations and some of your work is being funneled into the new company so they can test the accounts or whatever, I'd have been most unhappy, but at least informed and looking for a new job.  It's the fact that they've boasted for years we're the cream of the crop and then gave us the mushroom treatment, and treated us all like we're stupid sheep that will just trot along with Transcend and take whatever they decide to offer us.  I can't believe for one minute that they had any of the MTs in mind if they didn't even bother to ask what the pay scale would be, the scheduling requirements, or even the LINE DEFINITION.  Carlotta flat out said in my call yesterdya that she hadn't even THOUGHT TO ASK what kind of a line they pay on.  For all they know we'll be getting huge pay cuts along with say losing all our spaces or whatever.  The fact that she said they never thought to ask and they knew absolutely zero answers to EVERYTHING that directly affects the MTs told me that they either knew and were NOT about to tell us and make us madder, or they never bothered to ask because they absoultely had no interest in it.  If they'd been honest and told us what was going on, I could handle this much better.  It's the sneaky underhanded way they did it, after years of touting their open communication, etc., that really bothers me.  And the offshoring is just the icing on the cake of the giant slap in the face.  Talk about stepping on the backs of the people who put her at the top.  I keep wondering what Ondrea would think of all this.


Just because companies don't know how to sell a contract,
they shouldn't pass their shortcomings on to us. This is part and parcel of what is killing our profession. Companies keep low-balling contracts and we all will lose. Very sad.
No, Keystrokes did not sell to Transcend.
Not sure how all these rumors get out. Ridiculous
eBay intrigues me, but I have nothing to sell! (nm)
.
SELL on Ebay and start over
By the way, even if KS is responsible for giving you bad information about Vista, you still would have had to get a computer to do this work. So that investment is a given.

Save yourself more headaches: Sell your computer on ebay (keep the peripherals) and buy a new computer with XP. You are likely to lose $ but you will probably lose more trying to replace Vista with XP UNLESS you call in a professional to do it for you who guarantees their work.


If you believe the answers below, I have a bridge to sell you.
VR produces a big mess & it takes a lot of time to correct it all. I'd hate to see an audit on those flying through it at full speed, and I'd hate to be the patient depending on a quality report.
They may initially find a way to sell us down.....sm
the river BUT the real issue is that MTSOs jump on any and every chance they can to cheat the MT. It IS, after all, all about $$$ and whose pocket they are in!
Agree. Got any swamp land to sell her? nm
x
Yup, change to create a need to sell more books.
That's what I said the first time I heard examples of the new edition's changes. With the logic this one uses, I expect the next edition will decide that a lot should now be one word, and no one should be spelled as one word as well, because it is now so common for people to spell them that way. Oy.


I was just thinking of that -- Carole swore she'd never sell, right up until the day she sm

announced it was sold.  I do not blame her for selling, and I guess there were legal issues that made it necessary for her to lie, but it does leave you with a mistrust for what people say.  At least we still had jobs, although I quit the minute I heard The Squid had bought the company.


I wish the QTers the best of luck.  There are still lots of great companies out there. 


Not much left to sell since they lost big account.nm
nm
I don't sell myself short but don't have 5 "current" years
nm
Spoken like a true corporate sell-out.

Get a loan on the item rather than sell it if it is sentimental.
Gold is at about 900 an ounce. Get a loan on a ring and it will give you 4 months before buying it back, at 800% interest but hey, ya gotta be resourceful and when it comes down this far, time is of the essence.
I've been through mergers and sell-outs before. SM
I don't work for work for the companies being specifically discussed here; however, I have worked for many other companies (in the MT world and other job environments) that have gone through such changes.

This is my opinion and mine only but while I have been nervous of the outcomes of such actions, I have never once taken it personally. It is business. Businesses have always and will always do what is best for them. It is no different than what you and I do for ourselves - we make the best choices we can, sometimes make deals, sometimes have to compromise, sometimes have to completely change our game plan. I cannot blame them for doing what they feel is best for them.

And before anyone starts bashing me with the corporate greed song-and-dance: Companies are about making money - the same as you and I are about making money. Not one of us is here on a volunteer basis, just doing this out of the goodness of our heart. Neither are companies. You and I are PAID and COMPENSATED for our work. Company owners have sunk all their money into their business and are taking the risk. They owe NO ONE bonuses when they sell, etc.

Enough said, I suppose, but just keep in your heart, people, that these are business decisions and that you, as a worker and supporter of your own household, have/will/do make the same types of decisions that are in your home's best interest.

Here's my hat off to everyone here - I truly wish the best for each and every one of you.

type there, oh yes, should be about -- why would you sell yourself and your knowledge for half your

pay ? ? ?  Can't you see that a speech document Editor has to have the same education/knowledge as traditional transcribing has.  Why wouldn't you be worth the same amount of money per line? ? ?


If you have any experience at all and any knowledge of medical terms, then you are worth your regular line rate whether doing VR or traditional.  THINK ABOUT IT !


Because they actively OFFSHORE and sell American MTs down the river?
That's ALL the reason I need NOT to give them a chance.

Glad it's okay for you, it's an individual thing, apparently, but MY skills and my patriotism are NOT FOR SALE.

AT ANY PRICE.

Thanks for your post.
You are the one who is incorrect. The owner of Zylomed would sell his mother for a dollar if he
They most certainly DO outsource offshore.  Perhaps you're not as IN THE KNOW as you thought!
The owners aren't the problem, it's the current management. Sell THEM!!!! nm
x
stop giving politicians money to sell us down river..nm
nm
I've said this before, but I'm ready to go sit on the beach and sell cheap stuff sm

to tourists ... has to beat this.  I passed burnout a long time ago.  I am not sure what the next stage is supposed to be.  However, in the meantime, I have to make a living.  Maybe I could open a margarita stand and compete with the little kiddies and their lemonade stands .. hmmm ....LOL



Ugh .. I hope Keystrokes doesn't sell, but no guarantees nowadays. :( nm

Well, just wondering if they are getting ready to sell out or merge with Spheris. I dont work for
them either but from what I have ready this is close to the way they operate.
Heartland will sell accounts, because when it is done overseas the cost for the client is cheaper
nm
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?
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.


Perhaps you all should quit (sm)
talking to "Sandy" since she can't spell the name of her own city, she probably isn't "Sandy" after all!
Just quit
I originally told them I wanted to try them out part time for 2 weeks and they agreed but weren't happy about it. I decided what the heck, I'd try FT. For the first FIVE days I had ONE report per day. They kept telling me they couldn't give me a backup until I was off QA, and couldn't get off QA until I had done enough reports!! Lose-lose situation there.

The QA was ridiculous, should have known since the head QA person was from Edix. I had a report that had many many physician errors, illness denied in one spot, added in others. I marked them all for QA and when I got it back, they said they have no way of knowing what's correct so they just put them on through!!! They did find the time however to mark the word "an" that I had put to make the sentence correct as being WRONG, even though the account was not verbatim. I had 2 other QAs come back with errors that I documented to the super that I was right about and they were changed, but all this trouble and I only did 6 reports? I shudder to think what it would be like IF they had any work!!
Quit
Sorry, but there's no other way. Been there, done that. Unfortunately, some QA people get their jollies by terrorizing other people just because they can.
I quit!
Etransplus is all about the numbers, not keeping their MTs in work. If you continue to work for them, you must have a secondary job.
Did you quit yet?
There are companies out there hiring right now even though it's right before Christmas. I had three job offers in one day after leaving. Life's too short to be frustrated.