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Which is it? No changes since bought by Transcend or lots of changes? It seems that every time sm

Posted By: OutsiderLookingIn on 2006-06-06
In Reply to: You obviously don't work for MDI... - MDI FL MT

someone says that there have been a lot of changes, someone comes on and says there have been no changes. Is this one person saying this? Obviously there have been changes, there would have to be with a new owner.


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Transcend bought MDI, so if Transcend sends work offshore, so does MDI. nm
nm
I believe Transcend bought MDI?
s
Do you think that MDI is the same since they were bought by Transcend? sm
I have thought of going back (left a few years ago and took a few years off after having twins nine months after another baby) but I am worried about that. I have a friend who works there and she is complaining a lot, but she tends to be a complainer so I am not sure what to do.

I also was on clinic notes and prefer radiology. Maybe they are doing more rad. I do remember seeing that they were paying a sign-on bonus.

I am just looking for some answers before I make the wrong move.
There is only one MDI now (MDI-MD). The other MDI in FL was bought by Transcend. nm
x
They were bought by Transcend. nm
 
Transcend bought MDI-Florida....sm
I haven't heard of MDI in Georgia. 
No communication. They were bought out by Transcend and it has sm
not been good. I used to love working there but now hate every minute of it. I think that they sold out.
Unfortunately. Transcend bought MDI Florida and now it is as
bad as Transcend.  Was the best company out there when it was a smaller privately owned company and Liz was in charge.
MDI-MD? Weren't they bought by Transcend?
x
Transcend bought MDI for 16 million. sm
So I guess they have to make some of that money back. I am pretty discouraged too as I have heard absolutely nothing from Transcend about what my pay is going to be. Guess does not look too good right now since they cut pay for their existing employees. Never been able to get a straight answer about the range of what I will be making, so assuming that means it will be low.
Transcend BOUGHT MDI, you make it sound like
MDI is actually running Transcend. Liz is expendable if she does not do her job. Liz et AL might own stock in Transcend, but I doubt that they own the controlling interest.

However, neither company has the MT's best interest at heart. They are paying to have dictation by easy dictators done by voice recognition and making sure the rest of us are left with the horrible dictators they have on most of their accounts. I used to think JLG had the lock on bad dictators, but MDI and Transcend have made JLG look good.
Don't you think it's strange that they were bought by Transcend but still call themselves MDI?
When you talk to them, it is MDI this, MDI that, but when you ask about Transcend it become Transcend this, Transcend that. I know that Transcend has contacted a lot of companies and seems to be the next MQ in terms of gobbling up companies. Who's next?
Transcend Services bought MDI for $16.2 million.

I didnt realize it was that much!  No wonder they feel no loyalty to their old MT's!  ,,,everybody has a price I guess.


The $16.2 million purchase price consists of $10.2 million in cash payable at closing (less any existing indebtedness assumed and plus or minus certain working capital and tax-related adjustments), $2.0 million in cash payable after receipt of interim financial statements and audited financial statements for the last two fiscal years, a $2.0 million note payable to the selling shareholder due one year after closing, and $2.0 million of Transcend common stock (119,940 shares). The initial cash portion of the purchase price is expected to be funded using a combination of cash on hand and up to $7.0 million in bank term debt.


Larry Gerdes, Chief Executive Officer of Transcend, said, MDI's strong presence in the mid-Atlantic region significantly expands Transcend's national footprint. We are confident that MDI's culture of excellence and total commitment to customers and employees will help ensure the success of this transaction. We look forward to working together to integrate our operations over the next several months.


I recognized that we needed a larger partner to achieve our long-term growth objectives, said MDI Chief Executive Officer Dorothy Fitzgerald. A critical concern for me was to find a partner that recognized MDI's potential and was committed to providing excellent customer service. I am convinced that Transcend is the best partner for MDI, its employees and customers.


Sue McGrogan, Transcend's President and Chief Operating Officer added, I have known Dorothy Fitzgerald for years. Like me, Dorothy is committed to outstanding customer service, which is reflected in her high customer retention rates. In her new role, Dorothy will be President of our MDI subsidiary. She will report to Leo Cooper, Executive Vice President of Sales and Marketing, in order to focus on driving future growth, particularly in the mid-Atlantic region.


http://localtechwire.com/business/local_tech_wire/news/blogpost/5878284/


 


What did you expect when Transcend, the leader in overstaffing, bought them?
x
I worked for a lady's service who was bought out by Transcend
a few years ago and they offered her a position in the home office. She sold, had the job for a few months and then she was terminated. I know for a fact that Transcend said in a paper article in the Atlanta Journal and Constitution that they outsourced because could not find enough American MTs to do the work. Now what I find surprising is how many complain on here about sitting and waking for work for Transcend. Wonder how that happens?
When Transcend bought the company I worked for we were told they did not do IC, just PT/FT... sm
so this is news to me!  Maybe they allow different things for different companies they buy.  I also understood a little while after the merger that all accounts would move over to their platforms, but now I am reading that maybe not all of them did with other mergers.  I am sorry you all are going through this!  I remember how it was thrown on us so quickly too.
When was the last time you bought a car? sm
Depending on the car, the loan can be up to 72 months.
CEO hasn't left yet, she's leaving in August. Co's are bought and sold all the time and I
think this is that big a deal.
There is lots of work at Transcend!
I've been with Transcend for over 2 years now and have NEVER run out of work. There have been times when work was a little slow, but if you can be a flexible during these instances (usually around the holidays, like all companies in my experience) you will always stay busy. You just have to communicate with your managers and they will bend over backwards to make sure you are working.

Good luck with your training, Passing Through! Please come back and share your success story! There are many of us Happy Transcenders. We just don't get a chance to chat on the forums often because we are busily typing away!
I love Transcend. Lots of work, sm
great communication, flexibility.
Focus bought by Nuance/Dictaphone, DRC bought by Acusis. nm
s
They do pay on time & have lots of work sm
but I found it difficult to make any money there. They use a Word counter, which is definitely short. Some TATs they have are unreasonable. Because of the way work comes in, your work day could be stretched from 6 in the morning to 9 at night. I like to work with a set schedule, so it was not a good fit for me. They may have different platforms now.
They are a waste of time. Lots of posts in
the archives.
Lots of us lost respect for QA quite a long time
Especially when no 2 can agree on the same thing. Easier to just ignore it and get on with our work. Besides, if we didn't make what you consider to be 'mistakes', you'd be out of a job, wouldn'tcha?
Not easy to make 1000 - lots of ESLs or time
spent looking up addresses, etc. They kept you on because they can't find anyone to put up with the low and steady income.
Probably brand new. Lots of new graduates get out there and try to start businesses all the time. nm
s
Some company lists have been around a long time, so lots of places
s
Lots of people are happy with them, but you DO have to "clock out" every time you leave your
s
Good company, lots of clinic work, pay on time.
nm
Lots of promises, no follow through. Lots and lots of internal sm
problems. She is recruiting heavy right now as she has a CHANCE at getting a big account back. Even if they get it back, they'll blow it again from poor management.
Frequent turnover, offshore big time. Read the archives, lots of info on them. nm
 
Transcend - Down time
I used to work for Transcend for 3 years and now with my new company, I get PAID for downtime!!!

I love it!
Full time at Transcend
Full time at Transcend is $900 gross pay per pay period. There is a full benefits package to include PTO, health insurance, long term and short term disability, 401-K (with match). I work on a large hospital facility, I do all worktypes including ESLs, and I always have enough work. The people are nice and you will never have to worry about a paycheck.

It's a shame what some people will write on this board, not just about Transcend but almost every other company. Now that I know the mistruths that have been spoken about Transcend, I will also take with a grain of salt what I hear about other companies. I have worked for many companies in my 30 years as an MT, and Transcend is the best. Of course, this is just my opinion and I respect the fact that others may disagree. I guess I just don't understand the mean-ness (is that a word?) on this board or of the responses.
Full time at Transcend is $900
This is all true but meet one ROM with an attitude or even a TL and your goose is cooked unless that has improved in the last 2 years. There was a lot of politics back then. I sure hope they have weeded out these horrible things. Otherwise, you are exactly correct - great place to work and I would go back in a heart beat but am black listed because of the above mentioned problem. Stop mean mouthing Transcend, they are still close to my heart, she isn't but the company is fine.
Long time Transcend MT
I have been on BT since day 1...I was one of the first MTs on it.  It is no longer my main job as I have experience in another platform and they needed help.  There is not a lot of clicking on BT.  You type plain and it puts it in the format the hospital wants on the back end.  If there are normals for each doctor they are put in the system and you can use them and get paid for them.  You can use an Expander program, I use Shorthand.  If your acct is just going to BT it will be quite awhile before you will be doing a lot of editing...it will be straight typing for quite awhile.  Its just like typing in word.  No need to be nervous about it.
Regarding Time Clock at Transcend...
I saw some of you asking downthread about how schedules work at Transcend.

Please note this could have changed since I was hired, or the MDI-ers may be getting a different set of rules regarding this, but barring those two things:

You're expected to work an 8-hour day with one weekend day. I was allowed to choose the shift I would work (say 9a to 5p) when first hired, but after you choose you have to stick to that schedule. I believe you are allowed to choose a split shift (say 4a to 8a and then 4p to 8p, etc), but once you give them the schedule you've chosen, that's what you have to work.

To be fair, I do think they're somewhat flexible in terms of emergencies or things planned ahead of time - if you'd rather work 8a to 4p for a couple of days, for example, you won't get too much static from your TL if you inform them ahead of time.

However, you can NOT commit to a certain amount of lines per 24 hour period and do them anytime within that time frame, the old school IC way. You have to have a set schedule of hours and work those hours for the most part.
Transcend part-time status

Can any current Transcend employees please tell me how their part-time status works?  Minimum requirements/hours? 


 


Thanks so much.


Transcend, is full time 40 hours or X lines?
x
the day has 24 hours, I work only 6-8 hours, so, lots of time to post...nm
nm
I totally agree, your story is mine and lots, and lots of others, please
believe me when I say Keystrokes has been honest like we used to have in this profession. If I can help one Transcriptionist avoid what we have, this will all be worth it. I worked parttime for Keystrokes at the time I was fulltime with ____ and quit, 2 years later I begged them to take me back after once again my paycheck was cut in half, and they did with open arms. I don't mean to run down anyone but a lot of these transcription companies are getting obscenely rich while paying below minimum wage to transcriptionists, playing with dictation and after working for a couple of them you know who is honest and who is not. Sorry I came down so hard but the reality is there are single mothers out there that I bet cry themselves to sleep not able to give their children a decent life because it is easier to steal from us. When companies have millions of dollar to pay for other transcription companies, open transcription schools in other countries, ect., ect., you know there is a lot of money in it. That is all I am saying.
I don't think we work at the same place, but I have been working lots and lots of hours.
Very thankful to have a decent job.
Lots and lots of recent stuff in archives.
 
Lots and Lots of info about them in the archives. nm
 
Lots and lots of work. You will love
XY?Z
Lots and lots of posts in the archives.
 
Lots and lots of info in archives and several
posts just down the page.  Open your original post and near the bottom click on the blue see related posts and you'll get the most recent posts. 
Lots lots, cuz I prefer
the OP/PR notes over any report......
What I just bought
Go to stedmans.com and get the AAMT Book of Style and also the Stedman's Spellchecker CD-ROM. They will bill you for these, and you will be happy that you bought them! You will also love working at home if you can pace yourself and refuse to be distracted, especially with the price of gasoline as it is.
Is all of this because when MQ bought YOG SM
they continued to pay the MT's what they were receiving at YOG, which was more than MT's at MQ made? Now everyone will be making the same amount or less?

I don't work for MQ, so I don't know, this is just what I gathered talking to friends.
They were bought out by MQ. NM
NM
This is the co that was bought by the guy from ddi
that left when MQ bought them