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Client interested but wants to lower rate. sm

Posted By: CCAB on 2007-11-16
In Reply to: When I had my transcription business... - Vann Joe

He said he wants to hire me to do his work, but at 8 cpl and give a week's turnaround time. I worked as an SC at that rate, but not as IC.

Is there anything I can say or show him to convince him this rate is incorrect?


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I would not lower the rate. They know how
much they are paying you and have accepted it.
Never lower your rate

I would never, ever lower my rates.  Is the one doctor in the group that is complaining a constant whiner?  He may just be a tightwad that still has the first .01 he ever earned.  Think about it - we complain about the cost of gas increasing and the cost of groceries increasing, but those businesses sure aren't going to drop the price of their product due to our complaining just to keep our business.  You run a business and the point of that is to earn money.  If you or a family member had to see this particular doctor, would he drop his office visit rate because you complained about his bill?  Never!


Not only that, these are cardiologists - one of the elite money makers in the medical profession. 


Write a note stating that you understand his concerns about the cost, but state that in spite of your expenses increasing along with everything else recently, you will agree not to go up on your rate for a year instead.  Tell him while there is less expensive out there, it comes back to the old saying of, "you get what you pay for." 


I do not give a lower rate for any templates--I still--sm
have to pull them up and there are usually changes that I have to do. I charge my rate x 3 for envelopes and they supply the envelope. I also charge for cc's--if the name and address are provided. If not, I do not print an envelope for them, the office does.

Your other option would be to have his office print the envelope. My ink cartridge runs about 25-30$ depending on where I get them, and can get very expensive depending on the amount you will be printing each week.

I also do not take anything off my rate. I have figured how much I have to charge in order to make a profit and do not vary from that. If he gets you to drop your rate below your profit margin, guess how long it will take for him to spread the word to his friends that you will come down on your rates??
Well....he asked me to lower my line rate for him (sm)
which I did....then he asked that I make copies of everything he cc's and copies of the letters he dictates....then asked me to subtract off the templates he uses, even though I am using my ink to print these templates and making changes where he wants....it seems that I am spending more time doing these things than I am making any money. Just don't know what to do. I am not complaining, just need some helpful advice. Thanks
Have you forgotten we have not gotten the new pay plan yet which will lower the base rate I am sure
and be incentive tiered according to production which is next to impossible on so many accounts anymore. This is only the beginning of the pay decrease.
Call the credit card companies and ask them to lower your rate. sm
Tell them you are having trouble and you need a lower rate. I would try that first on your own. I have done it and went from 14.9% to 4.9% on my credit cards. I can now pay them more monthly than they ask for and I am on my way out of credit card debt.

Consolidation companies, some, charge a fee and it goes on your credit report as "write off or bad creditor". If you have no success with the cc companies yourself, than try a consumer company to help you.

Good luck to you!
You're likely to make more money on the lower rate because easier to understand and can probably
faster and need less time to look things up, etc. Just my 2 cents.
Client rate

It depends on the rate in your area, but I would charge no less than .12 per 65 char line.  I think this rate is not too high and not too low.  You have be careful about charging too much as someone will undercut you.  Practicount is a line count program that will allow you to charge for headers, footers, bolded areas, underlines, and so on.  This way if you have to drop your price in order to get the client you can charge for other things that will make up the difference.


Good luck!!!


The going rate to charge a client for rad by an MTSO is in the $4.50 range.
Need to figure in what type of reports, etc. Never go below that - there is a lot of administrative work to do.
Wait until we get a lower base rate and incentive and no work for incentive.Should prove interesting
because everyone will probably have a lower base rate than now. As I say, should prove interesting.
Does your program change lower case to upper? If so, type all in lower and
it will change the ones it is supposed to.
I wouldn't lower my rates. Should I request a lower CPL from my employer
because I use a ton of normals, templates and such to increase my line count?
Charge him an hourly rate. The current rate is
between $15-21/hr. according to your location. If he had to use an independent secretarial service, he would be charged much more. You can look in the Yellow Pages in your area under Secretarial Service and ask them what they charge, then charge accordingly knowing you can back it up.
Upper case is lower, lower case is upper. Using InstaText. Anyone know how to fix this?

Aargh.  It happened all day yesterday.  When I brought in text that was all caps


IMPRESSION:


and had lower case on keyboard (as always do), it reverses keyboard commands.  This is driving me c-r-a-z-y.


She must. Probably gets that big lower lip from
chewing on her lip while doing ESLs.
Right lower quadrant ...
Sharp stabbing-like pain...can go away suddenly. Tenderness. Hurts if you jump off a little stool. LOL ER doc had me do that and nearly fainted. LOL
Lower NY state 2.39 and up. nm
n
whereabouts in lower NY
x
With the lower pay per line, I'd have to be able to
get 700-800 lph under that platform to make more money and there is no way to do that.  The higher uppities have even admitted it is best for the slower people, not someone fast.
Don't lower your rates
Don't lower your rate! Don't feel guilty! Feel blessed. I'm envious--am on an account where it is impossible to understand them let alone make a macro but if I could I would and not feel bad at all. I have years invested in this just like the Dr's. You should be paid for your time and expertise macro or not.
Did you mean DSG and TransTech pay LOWER than 8.5??
nm
Hey, I have never made lower than 99% on my
I'm just plain good and fast at what I do.

I don't want hourly rates or salaries. I make plenty on production.

I'm outta here on this deadhorse conversation! LOL


Yup, and it'll most likely only go lower, right about
:(
Maybe it's a new, CHEAP way to lower their
Could happen..........
MT profession getting lower
I would rather not work for a company that doesn't value our experience enough to pay a decent salary. Good luck. I pass.
Line Count...lower pay

I have been doing transcription for many years now.  For many of those years I was paid 9 cents/line per 70 character count with the WordPerfect 5.1 (DOS) program.  I have now been switched over to Microsoft Word and there is a variation in word/line count and a drop in my pay.  Can anyone explain this please?


Upper and lower lid blepharoplasty.

Was setting up a surveillance camera because I am a single woman who lives alone. 


 


 As I was programming it, I could a glimpse of myself and nearly fell off the chair!   I loook old and tired (47). 


Have been so busy and so stressed for the last six months, I haven't really taken care of myself.  I just joined gym, quit smoking, am cleaning up my act.


But, nothing is going to take the bags away from my eyes.  Am thinking of plastic surgery.  If anyone has had this done, can you tell me whether it was worth the money to you?


As you know, I am far from rich but have few bills other than the general overhead (no credit cards).


thanks!  I work very hard and it would be a gift to myself.


Big mistake to every go lower than what you currently make. Don't do it.

mydocsonline is a lower priced (sm)
option if you only have a few clients. Price goes up the more users you add.
No, it was United that offered lower than 8 cpl. nm
s
Sis has had them, here in lower NY state. $60-85 every other week. nm
s
I just started lower carb again too
and I absolutely love carbs.  I love thick crusty bread, chips, pretzels, etc.  A few years ago hubby and I did Atkins and we both lost 20+ pounds. I had gained some of it back, and then my dad died in October and I gained about 10 more pounds since then.  I stay up late and watch tv and eat.  Hubby wanted to go back on low carb and I was really resistant, but went ahead and started on Monday with him.  We're not doing strict Atkins induction this time.  Kind of in between South Beach and Atkins.  I've really watched my carbs this week, though, even though I know I've had more than 3 cups of leafy veggies each day.  Anyway, I love carbs, but I am already to the point where I'm not missing them.  Seriously, my son had a bunch of fries left over last night and offered them to me and I turned them down...and I love fries.  The other thing I've done is I've been drinking lots of diet green tea...trying out different brands.  I swear my appetite is very down, a combination of the diet and drinking the green tea maybe?  Since Monday, my weight is down 8 pounds, and I'm kind of in my "bloated phase" of the month, too.
ooops lower case...sorry
nm

Services are having to lower their prices, too..sm
I get routinely outbid for work by other services who are willing to do 24 hour TAT and fax or print the reports - all for 11 cents per line...So don't be too sure the services are making all the money either!
But you see, that's the problem. The lower wages go in the US, (sm)
the less any of us want to pay for things. But when you're on a limited budget and can't buy things any old time you want, one way to save money is to buy QUALITY. Then it LASTS. I may buy a couple cheap T-shirts at Ross that were made in Bangladesh, but I know they're expendable. I'll end up shrinking them the first time I wash them, and then use them as dust rags. But if I'm buying a coat, or a dress, or a CAR, then I go for quality. Even if it means waiting longer to get it, because then it will last, ultimately saving money in the long run. If I have to pay more for things (like gas, groceries, rent, etc.), then I demand a higher wage. If I don't get it, I look for an employer that will pay it. Too many people in this country (and especially offshore!)"settle" for the crappy wage just to get their foot in the door. Sometimes it's just better to go look for a different door.
2.5 mg to 5 mg Valium, lower dose by 1/2 tab a day until
you are off. You should have no problems. I went through that after major illness and surgery with no problems whatever. If you do this diligently, stick to your guns, last couple of days do same doses for 2 days rather than 1, then go to every other day, then off, you should be fine with no withdrawal
MTs like you cause lower rates for us. Co's have to make
After all the time and money spent in getting you hired and equipment ordered and sent to you and then you pull that.

It costs the companies considerably. This is passed onto the rest of us as restricted line rates.

Thanks a lot. We appreciate it.

Gawd.

Not the OP, but I just use the back of my lower leg. It's easy!
nm
Before OP asks, pay lower taxes due to
x
"Rounding" is always calculated at .5 -- less for anything lower.
It will average itself out down the line.
I have a lower versions but I find
that when it stops expanding, somehow (I know I didn't do it) the autoreplace box got unchecked.  When I check it back, it works again.  Hope this helps.
8 cpl seems to be the average. I've seen much lower...sm
I'm an IC and make 8.5 for an ER account. I'd love to know which national you are working for that allows an IC to name their price up into the teens. Care to share:)??
I'm interested in a MT Course??? HELP!!!
Can anyone give me some advice on going thru a MT course?  I would very much like to do an online training but not sure if they are legit or not.  I have some information from Allied Health which is about 1500. Is that normal?  Does anyone know of any better courses?  Is it okay to take an online course?  I have so many questions but don't know who to ask.  Do you guys get paid decent money?  HELP!!!  HELP!!!  All answers will be appreciated!!!
I was interested but...sm
I was interested in finding out answers, not listening to flaming.  You were rude to the poster in your first post.  How is that helping anyone?  No one else had to have a rude comment.  So, no I am not interested in your post if it is smart instead of productive. 
B and E. Not interested! nm
x
Who is interested?
Insurance companies are interested. If you are running for political office, lots of folks would be interested.
Not interested
I am not interested in your suggestions. I posted a message to the Administrator, not to you or anyone else. You don't tell people what to skip. Since we are making suggestions here...I SUGGEST that you not respond to my messages that are intended for the administrator.
I'm interested in this myself.
I would only need it to receive faxes, not send. It says that with the free account you get a non-local number versus a local number with a paid account. This wouldn't matter if the person I am getting the bulk of my faxes from is not local anyways, would it?

Also, I am referring to the efax software. Any info would be appreciated. Thanks!

I'm interested

Hi, there - I'm actually in the Midwest, but have the capability to handle uploaded dictation, and am definitely interested in taking on a new account.  Do they require the MT to be located in their area?


Theresa


I am interested :) Thanks! nm
..
I don't know, but am interested as well
.