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Serving Over 20,000 US Medical Transcriptionists

Yeah I did look it up and that is the way I took it.. 1x your annual salary..They do also have long

Posted By: NewDiskriter on 2007-05-31
In Reply to: life insurance - almost 40

and short-term disability which may be of help if you are out of work for any length of time.


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I know that they are going to be doing annual reviews now as sm
my supervisor was just telling me about them. Yes to raises but I think it depends on how high you start at. I went from 0.08 to 0.09 over a year, now slight higher.
Average annual income!
They all have lines and Keystrokes and little formulas but the average annual income tells it all.
Spheris--Annual Longevity bonus..
Noticed on MTJobs that Spheris' ad says they pay a longevity bonus.  I have been there nearly 5 years and they quit doing that when it was Edix and I never got one.  Is anyone receiving this now?  Maybe it is the Healthscribe side?
It is time for their annual over-hire frenzy. sm

Be warned that in about 4 months work will be low and you will be working every day to make lines.


Does Webmedx automatically do an annual review process? sm
I recently had my 1-year anniversary and have not heard anything from anyone about a review.  I don't know if I should say anything to my STM yet or not. 
Annual performance review criteria--hope it helps!
SC,

Good luck with getting the raise you deserve! I posted a couple days ago regarding my experience with my recent annual review and raise I received. With my company, the annual review is scored with 5 pts being the highest possible to achieve in 6 categories; quality, line requirements, attendance, % to QA, helping out, and communication. They award 1/4 cent/line if you have 4.5+ and 1/2 cent/line with a perfect score of 5/5. They only use the last 6 months of data to calculate total score.

In my experience, e-mails do not work! They are too easily lost and are forwarded to God knows who! Call your immediate supervisor and get their opinion and who to contact with this proposal. Good Luck!
Christmas - the annual draining of the working sector bank accounts.
x
lmao!! yeah maybe I'm the recruiter...suggesting that my co-worker is the problem. yeah that make
x
Yeah, yeah, I spelled health wrong -
I am very angry right now and my fingers are taking it out on the keyboard.
Does FutureNet give annual raises or any type of raises? nm
nm
Salary
When I went to school 13 years ago for MT (I know, back in the day) they always emphasized that the best situation was to work in-house for a few years before attempting to work at home. That option is pretty scarce now, and I keep wondering what the longterm effect will be as far as potential excellent MTs giving up without reaching their goal.
Salary
I average between $18-20/hour for acute care and have been doing this for 12+ years. What I don't get is when are these services going to wake up and pay for experience. I would think that it would be more cost effective to pay a higher rate for an MT who does not need a ton of QA than to pay a lower rate for less experience and then pay QA on top of that to correct the report.
QA salary
Yes QASs are paid hourly. 
Salary
Thanks to those who have answered so far. I am hoping that the responses point a realistic picture of this career good/bad and also by identifying the companies that fairly compensate their MTs, giving credit where credit is due. I should I averaging around $17 an hour working for a private larger practice, with benefits, at home, and this includes insurance. I am not all that happy with the hourly rate, but in my case the benefits are a major factor. There is a chance for incentive which I am struggling with.
Salary
We have a production minimum we have to meet and then anything over is paid on incentive. It is basically a fair system for both the company and the MT. I like that I have the opportunity to push it and make a little extra - put I really do have to push it!
Salary
Our minimum is actually based on minutes. I want to say around 20 minutes an hour, which sounds like it should not be much but we do a lot of retrieving info from the EMR and putting reports into different files, etc. If this was straight transcribing I would be making a great salary - but way more involved on the clerical end of things, plus tons of little 30 second reports which really kill you on minutes. Nothing loads at all so pulling info from the EMR for each individual patient. It can become very frustrating.
How is salary?,...nm

..


salary
In some parts of the country 15K would be an acceptable income, not good but the best available.
According to Salary.com

mean expected salary for a US medical Transcriptionist is $36,956.  I am curious if anyone is actually coming close to that.  I know I sure the !#1& dont't.


Average salary for MT

Hello,


 not sure if it matters from state to state but i live in NY and would like to know what the average income might be for a MT thinking of going to school for this so I'm not sure what the variables would be as far as income. I know that some work for hospitals or private practice would like to get a round about figure for the average.


TIA.


Try salary.com to get this info. nm
nm
The Salary Is Correct
The typo was not the salary. That is really what I am earning.
Withhold 10% of salary for 401(k).... sm
and never deposit those funds in employee's retirement account.  Repeatedly hang up on employee who is demanding Show me the money!  Wait for Labor Dept. to hold feet to fire, dragging resolution out as long as possible.
Salary Survey

Looking at the post below about who loves their company, I am hoping to take this information a step further with what I hope is a fair survey.  Working 40 hours a week, what is your salary, acute care versus clinic, benefits versus no benefits, and what company do you work for?  I think it is very hard to judge what the individual companies are offering, and a lot of the opinions are based on what works for one does not work for another.  Thanks to all who are willing to share this info. 


Also, has your salary gone up (ha, ha), stayed the same, or gone down over the last 5 years?  Thanks again.


 


Salary is fine
Salary is fine ... how are you?
What do you consider an excellent salary?
If you don't mind me asking. I've never made less than $22/hr average on production and would like to keep it that way.
now it's being paid salary?? oh, my, please

 


$800 for 2 weeks at salary equals an average of $400/week equals $10 an hour  - oh, this bizzaro drama just gets sadder and sadder and the ridiculous bar keeps getting pushed higher and higher...  or is it lower and lower...


if my salary is $ 100,000.--, I would all forget about
ham sandwich and alcohol, etc....
BTW, with the right 'connection' foreigners can get everything, over there, so I have heard.
We work well with our recruiter who also is on salary. We have
open communication and we allow her to do what is necessary to get us the best MTs possible and she has. We do not have a revolving door and never have. We personally have received compliments on the way she has handled our potential MTs and the ones we have hired. One part of her job though is to be liason between those MTs that are hired and the mgmt staff and in doing so, whatever that might be wrong (very little has been) can be fixed. So far all are happy and we are happy. Even though she does not work in the office, we have open communication daily and any questions that need answering are fully answered. All paperwork is shared through our server so it is not necessary to have the paperwork in office for one thing because we trust her.
MT supervisor salary, how much do you make? nm
x
Anyone have a ballpark salary for managers?
Two years ago I made $51K as an MT, and it is gradually going down because of line scalping. Thanks for your input.
typo being your monthly salary
ROTFL
As I recall, anything over 1x year salary SM
required proof of insurability. 
Hardly any jobs out there post the salary.

I don't think it matters if it's transcription or what.  I can't imagine testing for a company before calling them and flat out asking what the pay rate is for the position being offered.  What a total waste of time for both the company and the applicant. 


...and I personally do not think it is inappropriate to laugh at a ridiculous rate and slam down the phone either.  I think the asshats out there who are offering a nickel a line need to get laughed at and rudely hung up on to boot.  None of this PC politeness garbage of thanking them for their time either if they pull a number like that out of their hineys.  A man sure as heck wouldn't stand for that kind of pud pullin'...why should we?!  



Hourly and salary are not the same thing. lol
nm
more than double my yearly salary
Always knew I worked harder than most - now I get paid like it.
I also have doubled my salary with production.

what MT is making a "huge' salary sm
so much that they need to get into their medical records? That is just one more invasion of privacy. Besides who intereprets what they read. Someone may have a chronic illness that has no effect whatsoever on their job. These people are not God and cannot predict how long a person is going to be around.

More and more invasion of privacy!
Wonder what the *average* MTSO VP's salary is...
And if PB is paid more or less than *average*... javascript:editor_insertHTML('text','');javascript:editor_insertHTML('text','');


Too bad the MTs don't get to vote on THAT decision. Instead, if this is all true about a pay cut, the MTs are going to give up what once was a better than average cpl rate so PB (and JH) can keep on making the big bucks and keep on doing whatever it is they do.
Wonder what the *average* MTSO VP's salary is...
And if PB is paid more or less than *average*...


Too bad the MTs don't get to vote on THAT decision. Instead, if this is all true about a pay cut, the MTs are going to give up what once was a better than average cpl rate so PB (and JH) can keep on making the big bucks and keep on doing whatever it is they do... but they'll be doing it with less capable MTs. Good luck with that, ladies.
You can make a decent salary but
you have to have good platform and not a lot of people training. I did 750 the first hour today, times that by 4 and see what it came up to.
Well I do earn a pretty decent salary
and I am not talking anything under $50,000. I have heard of some of you recruiters who earn $30,000. I would not do it at all for that. I know one woman who earns $58,000 as a recruiter. I know another who earns $42,000. I know another who is paid per head and I won't do it because that forces you to hire anyone.

For what I earn, yesI will keep an open phone line to an excellent potential employee.


I hope the typo is your monthly salary. nm

x


The ones who don't NEED the real salary are killing it for the rest of us.
The ones who have the husband with the fat salary who pays the bills are the ones taking whatever pay they're offered instead of standing up for the salary we deserve. THOSE are holding us down!
It's NOT the olden days, as you put it. It hasn't been that way for a few decades.
I just looked at the salary for ultrasound tech and
it is awesome! I went on line and we can study part time on line and then travel for the lab part. The bad thing is getting the 100.00 application fee, and then getting financial aide. So I am still working really hard at MT and saving the money... I think it would be a great way to work at home and get out of the house too, doing both things... but first things first... if it is meant to be, it will happen. At least there may be light at the end of the tunnel and not just a tunnel leading no where or to the grave. I know that stress can lead to the grave and no way is any career worth it... nor is any bill collector worth it... Thanks for giving hope to my day to all of the posters here... at least I have hope, even if I never make it to ultrasound school... one day at a time...
I'm on salary and looking to leave for ages, guess there is no perfect job.
.
No MT's salary alone provides 'the finer things in life'. You
are delusional if you think being a TT MT makes you rich. Why are all the loonies/TT cheerleaders/TT management on the board tonight? Or is it just one person who severely needs some ADD medicine?
That's a $42 a day per diem on TOP OF SALARY ... reading comprehension, people.
Not every offer on the job board is suspect. Chill.

My bet is that it's a really good deal, and if I lived in the PNW, I would look into it (I'd love to live in Alaska for a minute).

I had a pharmacist friend who was looking into going up there and working for a year or two - just the sign-on bonuses alone were $100,000.

Alaska, though, is known for it's crazy, antisocial population.

Sounds perfect for transcriptionists. Heh.
checked the CEOs salary of Transcend. See inside.

Maybe if we lowered his salary we wouldn't be paid peanuts.





































Salary $265,000.00
Bonus $0.00
Other Annual Compensation $0.00
Long term incentive plan payouts $0.00
Restricted stock awards $0.00
Security underlying options $0.00
All other compensation $0.00
Option awards $ $68,523.00
Non-equity incentive plan compensation $132,500.00
Change in pension value and nonqualified deferred compensation earnings $0.00
Total Compensation $466,023.00


Options Granted


MT average salary is $28,600. Does this sound correct? I found this out on Salaries.com
just curious if this is correct for a MT.
RE: MT average salary is $28,600. Does this sound correct? I found this out on Salaries
Check out this article from 2004 on MTx salaries:

http://health-information.advanceweb.com/Common/editorial/editorial.aspx?CTIID=325