Home     Contact Us    
Main Board Job Seeker's Board Job Wanted Board Resume Bank Company Board Word Help Medquist New MTs Classifieds Offshore Concerns VR/Speech Recognition Tech Help Coding/Medical Billing
Gab Board Politics Comedy Stop Health Issues
ADVERTISEMENT




Serving Over 20,000 US Medical Transcriptionists

If you really are an IC, you set your rate of compensation.

Posted By: MT in PA on 2007-10-01
In Reply to: Paid by VBC - its horrible. Do you really think it - will be enforced?

The prospective client can then either pay what you're asking or find someone who is more in line with what they can afford or are willing to pay.


As long as I'm an IC and setting my own rate, VBC is not my line standard and I would not agree with any statement that it is the standard of the future.




Complete Discussion Below: marks the location of current message within thread

The messages you are viewing are archived/old.
To view latest messages and participate in discussions, select the boards given in left menu


Other related messages found in our database

Workers'/Worker's Compensation or Workmen's Compensation
?
compensation

Hourly charge.


Editing Compensation
I'm an Editor located in the Midwest. I edit radiology as well as most other specialties. I am paid by the line and average well over $20/hour depending on the day and the difficulty of the account; however, I am an IC, so therefore have no benefits. I also provide extensive feedback and assist with training and testing of transcription applicants. I am paid separately for the training and testing responsibilities. I personally believe that paying by the hour is the best way to compensate an editor. Paying by the line rewards speed, not accuracy.
I think your compensation would be based on the...sm.
following:  Your level of experience, the time that you are able to commit to transcribing each day, your use of expanders, your baseline typing skills, your ability to utilize the software package utilized by the company, your ability to adapt, and you ability to negotiate your line rate.
I would ask for some compensation for the "try
aa
Unemployment compensation?
Is is possible to apply for unemployment, at least a partial check, since we are supposed to "produce" so many lines a pay period and the work is never ever there.  We promise them so why should they not pay?  Anyone ever done this and is it possible? 
Workers Compensation
Have any of you who are employees of a national company ever had to file for WC due to hands that just won't work anymore?  I need to get carpal tunnel surgery but can't afford to make zero dollars while I'm off.  I don't want to start accumulating medical bills or alert my company until I've done my research.
Workers Compensation
I did workers' compensation claims in my pre MT life.  If MD says it is work related, should be no problem being covered.  Depending on what state you live in, there is probably a waiting period that you would not be paid for until you are off for a certain number of days.  State laws dictates the % you are paid of your average weekly wage based on a minimum and maximum rate.  Do not wait too long to get your CTS taken care of.  You could cause more problems with your hands if you wait too long. 
Workers' Compensation and the ER
I thought the correct order of things would be for him to be seen regardless of where or how it happened, and the Workers' Compensation part handled after the fact. What would they have done if he'd been hurt more severely? I thought they'd (WC) reimburse whatever out-of-pocket expenses you have once the insurance claim is settled. The boss was definitely trying to set him up, which is disgusting. The funny part is that he actually gave your husband ammunition for an even more complicated lawsuit, should it come to that.
Pathology Compensation
Can anyone tell me what the average compensation is for transcribing the gross only for pathology, by report, not lines?  Thanks so much for your assistance.
IC Workers Compensation
Having come from being a workers compensation claim represenatative in my prior life, unfortunately you do need to carry your own coverage as an IC. 
VR compensation/2 wk period
It seems that we have to make that high productivity in voice recognition for two weeks straight. If for even ONE day in the two weeks, your productivity was not as high, it bumps your average back down to making way less money. For example, let's say you work hard to edit 350 lines (voice recog.) per hour for 6 or 7 days, but one day your productivity was only their minimum of 150 lines per hour- that reduces your two-week average. What am I missing? What are you doing to keep productivity really high for that two week average?
VR compensation/2 wk period
No, I have not been able to achieve 350 lines per hour with voice recognition, or anywhere near it. But at 150 lines per hour at 4 cents per line for editing voice recognition, that is $6.00 a hour pay, and so the minimum wage requirement kicks in, as I am an employee, and I make $6.55 per hour for 150 lines per hour. So, how do I double or triple my voice recognition editing production per 2-week period, to at LEAST 300 lines average per hour (or even more if possible) so I can make more money?
Thanks for clarifying the compensation plan. sm.

If it is just a matter of maintaining 98% accuracy with QA, then there is no problem.  My concerns were with changes in the structure of the payment method to the MT, MedQuist's interpretation of a line count, what constitutes a line, as MedQuist is no longer adhering AAMT's line count standard, etc. All of this would directly affect the MT.  Thanks again for all of your responses.


Geee compensation is wonderful!!

You should be eligible for unemployment compensation.
``
Compensation for Medical Transcriptionists

I just came across this on the AHDI site, what used to be AAMT, in an article with the above title: "It is a concern of AHDI that medical transcription professionals are often viewed by their employers and the clients they serve as keyboard specialists who have a familiarity with medical terminology which enables them to transcribe dictated reports for an originator's signature.  In contrast, it is the view of AHDI that keyboarding and transcription should not be confused. Medical transcription involves translation from oral to written in order to generate a record of a patient's healthcare documentation. AHDI views medical transcription as a medical language specialty which requires medical knowledge and understanding, sound judgment, deductive reasoning, and the ability to detect inconsistencies in medical dictation." You can read the rest here:


http://www.ahdionline.org/scriptcontent/rjobcomp.cfm


Are they actually going to fight for better wages, or is this just a ploy to get people to join?


Just sounds like more rules, what about compensation, PTO, raises across

does workman's compensation cover us for carpal tunnel? nm
x
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.
ME rate 80% of baseline MT rate
are you happy with the 20% cut to do ME work or are you going to just do MT work (which will be those dictators that ASR can't do) at your baseline rate?
Cross off old rate, put in your new rate, (nt)

Employee rate/IC rate......
I work at home for a hospital account that I make .11 cpl on 60-character line. I also do IC work for a clinic where I make .14 cpl. I am from Missouri.
On-call requires on-call compensation by law
This field gets more disgustingly grotesque daily.
take a cent of their rate and a cent of your mom's rate. I'd do it to keep the account or the

You already charge a fairly low line rate, but I'd definitely cut it to keep the account.  JMO


DQS pay rate
Hold onto your hat, honey, it's bad. Real bad. I used to type 500 lph, now barely 120 lph...This depends on wether or not you're used to straight line or character count. Rememeber, your word Expander won't work, no headers, no footers, no signature line, no CC's. AND, to top it off --- you won't get paid for spaces --
my pay is now less than 1/4 and they're making me statutory w/no benefits for me or my child. Jumping ship. New job starts Monday.
Going rate
Depends on area, location, what is your experience, what kind of account, whether or not you pick up and deliver, etc.  Can vary from 10 cpl to 15 cpl.  What do you think you are worth?
Could you the rate...sm

I am one of the few that get paid per minute of dictation.  Could you tell me what your rate is and if IC or employee and what area.  Thanks. 


Pay rate?
Was there every a time that MTs got paid per word rather than line? If so, why did it change?
As an IC you should set the rate,

You will need to talk to them and tell them you need to raise your rates.  They may not be willing to accept it though. 


Welcome to the wonderful world of an IC MT.


What is the going rate

I have someone who wants me to retype a book for them.  Does anyone have any idea how much I should charge for this?  by the page?  line?  TIA!



Does anybody know what the going rate
per line is for a private account in the Philadelphila, PA area?
same rate
I do not charge extra for STAT's unless I have to make another trip to deliver it.  If I fax it over same rate applies.   I don't understand your question about charging extra if they have more minutes than usual.  Unless you have only hired on for so many minutes, then perhaps you could charge more.  My accounts have been heavier than usual this past month but I feel it all evens out for when the months are light and so I take it when I can get it.   I am a bit unusual but my accounts are good to me and I don't like to nit pick them to death with extra charges for this and that.  They work with me when I am down and cannot adhere to the 24 TAT and so if they need a STAT on a patient going to surgery I just do it and fax it over.  I have said it before and will say it again, I might bend over backwards for them sometimes (all 4 accounts) but they do the same for me so we just work together to get the job done.   When I hear the horror stories on here about how some are treated -- I just thank the Lord for my accounts.     Patti
Going rate for QA
What's the going rate for a QA person? I'm getting paid per line of QA that I do. Thanks!
7-8 cpl is the going rate.
You'd probably be better off to get your own accounts unless you are in dire need of medical benefits.  Even then from what I've read on these boards the premium is really expensive.  Good luck in your search. 
If you are IC -- you set the rate
It is hard and scary as you often wonder that they will take it away from you but you have to have confidence in yourself.  Again, I would try to figure out what I make per hour or cpl and go from there.  See how many lines you can do, and so on.  Then compare monthly salary versus production and see how you come out.  Perhaps just switching over to a gross cpl to show him that you only want him to pay you for the work that is produced no matter how long it takes will work for you.  And that alone could be a raise for you - who knows or at least let you know that what you are making is not that bad as you do get paid for when times are slow or he is off.  Production rates will not pay you for when he is off.  Show him you are putting in more hours than two years ago, producing more work, etc. and so you must raise your rates to such and such.  Good luck. 
Rate
I have 6 years of experience as an MT. Eight cents seems to be the going rate but personally I would like to see MT's with more experience being offered more like 10 cents a line.
rate
Alot of companies just pay one flat rate no matter what type of work type it is. Some companies may pay a little more for ESL's but no more for different work types. Its all the same rate.
rate of pay

$50 per recorded hour of straight (non-medical transcription).. Is this low, high, or in the ballpark?  I am so used to being paid by the line for medical transcription, this being paid by the dictated hour kind of threw me for a loop.  


 


 


 


rate
Figure out what your average line rate is per hour and charge them that. Don't sell yourself short.
rate of pay

Thank you...  The job description was rather vague, typing up conferences or interviews..  They said $50 for standard dictation and that it goes up from there for harder dictations..  I think I will pass..


 


 


Going rate
I was just wondering what the going rate is that companies are charging their clients?  Any help would be appreciated!
Going rate
I was just wondering what the going rate is for transcription per hour.  I currently work for a national company and get paid by the line, but a friend of mine wants me to do some transcription for him and I don't know what to charge.  This is not medical stuff, rather educational/training.  He doesn't want me to short-change myself, but I don't want to over charge him either.  Any ideas? 
Going rate
I work for a research company doing focus groups and I make about $100 to $120 per 60-minute tape. They are usually 2-hour focus groups, so I get about $200 to $250 for each tape. This is good pay I think, but $60 for a 1-hour group isn't all that good. Just my thoughts.
Rate of pay
I think you're being ripped off with your rate of pay! That's horrible! You can serve hamburgers for a better pay than this!
VR rate of pay
Transcend is paying 40% of our current line rate!  I can't afford that kind of pay cut!
She might get the same rate elsewhere, but

if she goes national she can't expect the same treatment.  They will be no more tapes, they will possibly have to buy new equipment, she'll become frustrated and wondered why she couldn't give, especially when terms are spelled out in the contract.


It all depends on how much this account means to you.  If you are willing to make an effort to log on by 9:30 most days, but no promises that may keep her happy and keep the $$ in your pocket, but it also might make her think she has the power and she exercised it once and you caved and she'll find something else to gripe about. 


mi pay rate
When I worked last April as an IC for a 411-bed hospital with over 400 physicians in Jackson, I made 9cpl, 10cpl if I produced a greater amount of lines, and 11cpl for weekends and holidays.
Pay Rate
Any IC's out there...have you requested a pay increase and been told the company doesn't give pay increases to IC status, just employee status?  As if the cost of living increase doesn't affect you if you are an IC?
pay rate
yes, it's beem the same rate forever.  it would take me 12 hours a day to be f/t with these platforms they use.  feeling very discouraged.
I think 12 cpl is about the going rate in most

markets, but I would say it depends on what you have to do - pick up tapes, deliver work, do reprints, etc.