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Serving Over 20,000 US Medical Transcriptionists

What new financial partners? I didn't know that? Who are they

Posted By: OSI Buh Bye on 2007-08-15
In Reply to: I fully expect OSI to raise line count from 10K - back to 12K

TIA


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Some, if not most MT co's are in bad financial shape and
nm
And not just financial pressure

Even if you took away the financial pressure - we have high QA standards to meet.  People's lives, and our jobs, are at stake with every report we type - the buck stops here and we are expected to clean up after careless dictators, fix messy demos, all kinds of things where other people drop the ball!


Other professions have days when you can goof off, situations when its not a big deal when you make mistakes, or you don't get much done because you're juggling work and personal drama, etc.  You can go there hungover or emotionally stressed and occasionally just coast through your day.  Not here.  You're expected to consistently produce perfection as fast as you humanly can, or out you go!


So when I tell people I MUST have enough sleep to keep my wits sharp, I MUST have a serene state of mind to work in, they MUST save their drama and demands until after my shift, I'm not kidding - my job demands it!  But they'll never get it until they actually do my job.


I don't disagree with you that financial info, SS#'s...

etc., shouldn't be offshored either, since there would also probably be little legal recourse if something happened with any of that. 


Regarding what could happen with your medical info, there was an incident with a Pakistani Transcriptionist that illustrates what could *possibly* occur as far as that goes (see link below):


then why is it not posted on financial web pages?
No info from Forbes, Reuters...
Spheris Financial Statement...sm

Moderator: This might belong on the Company Board. 


I had occasion to look at the 10-K form that Spheris files with the government and noticed that the company has reported net losses every year since 2004, starting with $3 million that year and accelerating to $19+ million in 2008 for a total of $57 million.  In other words, it would appear that the company wouldn't have paid any US federal income taxes since it was formed. 


At the same time, the company employs 4500 transcriptionists, of whom 2000 are in India.  Last I heard, transcription companies in India receive very favorable financing and tax treatment from that government. 


At the moment I'm not exactly sure how or why, but it's interesting to consider these two facts together.   You can read the 10-K yourself at the link below.


 


MedQuist Financial Statment
See link below. Huge losses.
Thanks. It is frightening enough to have to have this done, but financial ruin along with it really
.
Sorry, but not according to one of the largest financial insitutions in this country.
They totally disagree with what you say. I have talked to them in depth
Find a reputable financial investment guy
And open a ROTH IRA.
Oh good grief. They just published their financial reports and
are 100% OUT OF DEBT. They can't file bankruptcy if they don't owe anyone!

It's part of their digging their way out.

You're grapevine must be in the imagination or just another speculator like yourself.

How ridiculous.

Sorry, but I used to work at one of the largest financial institutions in this country.
Thank you very much. Unless you have proof in your hand that the deposit was supposed to go in on a certain date, DO NOT go writing checks and spending money without that proof because stuff happens.
Yep, exactly -- TransTech lost accounts and I truly believe is in financial trouble right now !

That small overflow account acquired has not paid yet, and the HUGE hospital they lost is no longer paying them.


I really think TT is in lots of trouble right now money-wise.  Keeps changing payroll companies due to *floating* and not having the money for the payroll company, is my thoughts.


We had the best payroll company in the world -- but TT all of a sudden changed . . . and I mean ALL OF A SUDDEN, so much so that all our payroll information was WRONG, etc.  Horrible time with this new payroll company, but it was a FAST decision made on TT's part.  Probably had no choice except to change payroll companies.


TT is not stable as far as financial backup.  Just imagine after losing a HUGE hospital account how much less money was coming in this week and prior.  Those little overflow accounts just don't bring in a lot of monies.  Dictaphone controls how much money TT gets -- due to Dictaphone owning the platform and dividing up the work between Dictaphone's customers ! 


 times for TT now.


OSI's new partners

From their website...


In the business services sector, Culbro is targeting companies engaged in outsourcing and off-shoring. Culbro has a significant private equity effort in India and is particularly interested in companies that have a US/India connection (see Helix-Investments.com for more information).


Health Information Partners
Great people there, good pay, and always have work.  What more could you want!
HIP (Health Info Partners)

You can use the CTRL I feature, and it matches the ichart line count.


Health Information Partners

Does anyone have any feedback on Health Information Partners (HIP)--good or bad?


TIA!


DeVenture Health Partners
Hello, does anyone have any information about DeVenture Health Partners?  They are advertising on the Jobs board.  Thank you very much!
Health Information Partners?

Good Morning.  Does anyone know about this company?  Line rate?  Orientation pay?  Scheduling?  Overall good company to work for? 


Thank you very much.


Health Information Partners - sm

Anybody  working for this company that could me some info i.e. platform, pay, line requirement, work flow, etc.? It would be much appreciated. I did a search and only found minimal information. Thanks in advance.


DeVenture Health Partners anyone?
I am just looking for info on this company.  They are on the Job Seeker's Board.  Thank you very much!
DeVenture Health Partners

Has anyone ever heard of this company? http://www.deventure.biz


Good, bad, ugly, ever worked for them..etc. Any info would be appreciated.  THANKS!


-Ang.


Deventure Global Partners

Is the company's full name.  Enough said.


 


Anyone work for Health Information Partners LLC or
have any information about this company??  Need feedback.  Much thanks.
Is PT offered at Health Information Partners? Thanks. nm
nm
Health Information Partners (HIP) questions...
Anyone work for HIP or know about them?  They had an ad up a couple of places and was wondering about the scoop on them.  I found some old posts here from 2004-2005, looks like they are a small, newer company so maybe that's why I can't find much.  Any info and insight, good and bad??  Thanks!!
Were their new venture capitalists, er, partners, on the calls?
Should be very interesting.
Just Google Mercy Health Partners...sm
And take your pick. They are all over the country. We have a couple of their hospitals and med centers in our town. They are in Muskegon and along the west side of Michigan, they are in Ohio, Tennessee, etc. In my former life as a medical biller, I worked for their Collections Center in my town also.
Mercy Health Partners is a conglomerate of
hospitals and clinics that are all over the country and not an MTSO.
Health Infomation Partners contact info?
Could you give me the website and/or telephone number of Health Information Partners? I'm not finding anything on Google. Thanks!
This is Health Information Partners with a new name. City is the same in an ad of theirs. Newbies
s
They might be partners. And the combo bought out Focus a few months ago. nm
s
How many AAMT execs silent partners/on boards/
x
Work for MQ and would rather share with you all than our ILP (international labor partners). sm
Actually I bet after seeing this on here a lot of MQers will be trying to get on at DSG. We both use Docuscribe and that is certainly a plus IMO.
Health Information Partners, but they sold and are no longer around :( nm
nm
Looking for fellow employees of Health Information Partners..sm

Since they sold last year and I did not accept the job with OSi, I have had one crappy job after another.  Just curious to know where everybody ended up at, so email me if you like.


Thanks


Health Information Partners, based in Maryland. She used to take in newbies
d
Mercy Health Partners, anybody ever heard of them? Can't find anything in the archives. nm
dd
If I'm right I need to switch from daytime to graveyard shift to work "with" my partners LO
I just need to reverse my whole schedule...NOT.. Instead, I've been offered a dayshift job with benefits and they do not offshore because they refuse to. That says enough to me about where I need to be and God bless all of the hospitals and facilities out there they refuse to let their transcription services off-shore their world. You are true Americans and care about us.
I totally agree. I also wonder if they increase the work flow to our "overseas partners" so th
gets done by them thus not many US MTs are getting the incentive. I just find it strange that we can have a lot of work before the holiday that no one seems to be working on but then on the holiday we run out of work. Something is up with that.
I didn't say I didn't care, I just don't understand
why the sudden outrage over HL offshoring.  
She didn't say they didn't offshore at all s/m
What she did say is that if the work needs to be done here, it stays here (paraphrased a bit, I think).

That is not lying and saying that they don't offshore work, as was stated by another poster above, but saying that if the client wants the work to stay in the US, they will keep it here. Sheesh.
She didn't say she didn't have a family. A family isn't just kids. sm

She also said she didn't have kids. Why do you think you're so much better  BECAUSE you have kids?  I am so sick of that attitude.  I don't have kids, never wanted them, but have been discriminated against in jobs because of it.  Everyone figured since I had no kids I could work all the time.  I said NO!  Just because I don't have kids doesn't mean I don't have a life or that my life is not important.   


BTW I work part time too. 


Thanks! Not sure why I didn't think of that
but that is what I will do from now on!
Thank you - I didn't know. :) nm
x
Are you sure she didn't say she has been
a recruiter for years (not necessarily with Keystrokes)?  Because I was hired at another company a number of years ago and she was the recruiter, maybe there was a misunderstanding?
I did all that and it still didn't come up....oh well
I think there is just trouble with imail. This happened to me the day before yesterday too. To get to the MQ board click on forums (left blue menu) then click on company forum, (you obviously did that) but then look to the blue menu on the left and now Medquist appears under company board and before offshore board. See ya there.
What $125? I didn't see anything like that.
And there's a charge if we return the computer before three months? I heard they were the absolute best company out there. I simply can't make a decent line count. I sent out three resumes on fulltime local nonMT jobs yesterday because I haven't been able to earn a decent steady income doing MT for a year now. I'm not going bankrupt over this. I don't see why it has to be this difficult. I'd be totally loyal, stay with a company, and move into a more responsible position if I could find the right company.
I didn't know that.

So those who are moseying along, getting in their 11,000 whenever, are making as much as the ones who work really hard to get their line counts into the incentive range?


I wonder if there are any other companies out there that reward mediocrity?  If so, maybe it's time to lower my own personal standards to fit in with the new trend.


you didn't
Boy that was quick! Like I said, it was my oversight and I'm sorry for jumping to conclusions. You didn't deserve it.
I didn't get it either.
x
I didn't think that was possible
NONE - no cable, no DSL? How can that be in this day and age. I only have 2 choices here - Comcast or Verizon DSL. Verizon is out for me and it is a drag when Comcast has outages all the time.

I do work on an a/c where I've worked using dial-up with Comcast down - uses Quadris with VPN server. Worked just fine on dial-up. No problem getting into VPN at all, and able to type & save reports quite well.

Another a/c - uses IDX with no VPN - didn't work w/o high speed.

Definitely can't use dialup tho for any voice files. Only for a/c's with phone dictation.

As to foot pedals - try eBay. Plenty of other sites where people are selling equipment.