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Serving Over 20,000 US Medical Transcriptionists

Monthly fees

Posted By: long-time MT-NY on 2008-12-19
In Reply to: phone costs - MWMT

May I ask which carrier this is through?  I have ATT and to use my laptop I can hook it up through my phone with a USB cable but in order to get on the internet I would have to buy the data package for $59.99 a month. Thanks, we do a lot of traveling in the summer.


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Fees
I would not be tax deductible per se. You would not receive the money, therefore it would not be income.
Fees
Actually, the fees are deducted from the income, but you never see it because it is deducted.  I'm pretty sure it would be tax deductible.  Again, I am not justifying the existence of the fee.
Rental Fees

I noticed that several companies are charging their employees rental fees for equipment/software. If one was in-house, they would not have to pay a rental fee. How are these companies getting away with this? Why would you, an employee, agree to pay for their equipment? The only time you should pay a rental fee is if you are an independent contractor. As an employee, you do not pay to work for the employer, they pay you!


I am just amazed that companies are actually charging their employees to work for them!


late fees
My business attorney told me I could really charge whatever I wanted - BUT - it had to be put as a disclaimer on the bottom of every billing you send them-- that is their "notice" -- you can't just charge them without warning them.  I charge 5% of total billing.  Mine reads something like "late fee of 5% will be charged if invoice is not paid within 10 calendar days."   Be careful on the verbage of calendar days versus business days.   And don't be afraid to charge it or defend it -- every other vendor they have is charging it!!
need help with fees - digital

I can get a new contract but will do the work digital.  I have only worked as IC the old fashion way - tapes and picking up, printing and delivery.  I will now do everything through e-mail and a C-phone. The office manager is trying to squeeze me for a good price, telling me she has somebody willing to do the workload for 6c/pl and she says its characters only, no spaces etc.  Their previous lady did the transcription for a fixed amount per month but this sounds really screwed up.  Any help or suggestions on what I need to think about regarding charges etc?  I now get $3 a page and that includes my driving etc.  I am happy that I would save gas and time but don't want to work for free either.  My $3 a page figures to about 11cpl when I checked.


definitely charge fees if you do that

high ones...  they don't want you to do it for free, do they?


I sympathize.. $100 an hour... what a job


Any IC charge late fees? Please advise.
I have been contracted with a hospital for almost 13 years and never had a problem with getting paid every two weeks.  I email my invoice on Monday and receive check via mail by Thursday or Friday.  Within the last three years I have had a little trouble, not often, but usually critical times for me, with receiving payment during that time.  Does anyone charge a late fee and if so, do they pay it?  I thought about putting at the bottom of my invoice "Payment is due within 5 days or a late fee of $ will be charged. 
THEIR pro wages paid with membership fees.
x
I doubt it, though they will sock you with late fees and expect - sm
both your Feb. 1 and March 1 payment at the same time. You could pay the one by March 1 and use the 15 day grace period and pay the March 1 payment by the 15th (along with late fees from the previous late payment) to get square again. I have to use the 15 day period now and then, hate to do it, but it does not hurt anything.
I just started using "mydocsonline" - no extra fees unlike the one advertising above this - sm
Simple to use to, I only have 2 users so $99 for a year which is half the cost of most of the others, and HIPAA compliant, etc. Not sure how cost effective if you have a lot of doctors though, but I like the fact they give you so much space a month, you can save/delete whatever you want to do, no extra charges/mb or kb--metroscript is 14.95 a month (or more) and .34/megabyte of each upload, I would have ended up paying about $120 a month, forget that! I tried the free trial of mydocsonline and it works well for me.
If you're talking about MetroScript, I didn't find that they had any extra fees (sm)
They pretty much only charge you for what you use. I only pay $14.99 per month and it works great for me.
Monthly fee
Is there a monthly fee when you use it through your phone?  I can use my phone but I have to set up internet service and its $60 a month.  I work at the inlaws cottage but they have high speed internet.
monthly earnings
I'm new to this board, just found it today, and have been *so* depressed with what I've been reading in regards to line counts and rates you all are being paid. I've been an IC for 15 plus years, transcribing for about 23 years now. I charge by gross lines, 12 cents a line, max 70 characters possible on a line. I make okay money, averaging between $3000 and $4000 a month, with three good dictators, and I live on the West Coast. I could easily make more if I turned off the TV when transcribing and didn't take time off to be at the kids' sporting events. Before I got married, I easily made $55-60K a year, before expenses, but taxes killed me  so I backed off a bit. (This was before the elaborate Expander programs.) Ladies, the money is out there. You just have to find the right accounts!!
Check into adoption through local Catholic services, fees in our state (Ky) were based on income and
although expensive, not as bad as private adoption.  Still, a long wait, we were told.
I make 7.5 CPL and earn over $4K monthly
Maybe to you that's not a decent wage, or maybe you're not as fast. I don't know. But this IS production-based work. So type more and earn more. I think I clear about 14,000 lines in a 40-hour work week and I bring TAKE HOME about $4K a month. To ME that's good money. Maybe I'm stupid. I know people that earn much more (are much faster than I) at 7.5 CPL. Call me dumb, but I think that's good take home.
Jennifer, recognized your name from MT Monthly
I enjoyed the publication and have referred several MTs your way for ROS through the years. Hope all is well with you.
Try the FDA website. Updated monthly.
FDA.gov
submit invoice monthly, get ck
x
I used to call it Monthly Martha or
Nasty Nancy. Anyway, I can't help you on that. I had a hysterectomy and plenty of those awful hot flashes. I would just be sitting there and whoosh, I felt like I was in a sauna and had to go outside no matter where I was. I would just seem to get severely claustrophobic and have to leave for 10 minutes, then I was fine. It does get better.
Monthly Prescribing Reference SM
http://www.prescribingreference.com/
Monthly audits = QA score. sm
Usually companies audit your work monthly. They will pull 5 or 10 reports you have transcribed and do a random QA check on them. If you have critical errors, they will deduct whole points, noncritical errors usually a half point.

If you total QA score is below 98% three or more times in a row, some companies will do what they can to help you, put you back on QA review for a while so every report will go to QA. Other companies may just fire you or let you go.

Is this the answer your were looking for?

Does anyone have the website for Monthly Prescribing Reference? Thanks. nm
xx
This is cool...ShortHand offers monthly SM

subscriptions.  I have a free trial right now and was worried I wouldn't have the whole $99 after my trial, but I can buy a subscription and save for another month!  That's so cool!  I didn't know they did that.  Didn't know if others knew, so thought I'd share. :)


Chickadee


Were you thinking of MT Monthly.....see link inside
xx
The Monthly Emesis is clever! :) no message
:0
I do all my standard maintenance religiously at least monthly. sm
Thinks like Diskclean and Defrag.  Keeping all those temporary Intervet files off your computer makes a huge difference in performance.  I have McAfee because it comes with my Comcast service.  Used to have Norton -- hated it because it made my computer do all sorts of weird things, and then had a he!! of a time trying to uninstall it.  I have an MQ computer that I have had for over 3 years and a couple of months ago it started running really slow, no matter what I did to it.  So I called tech,support thinking maybe I needed a new one, and they suggested a free antispyware called Superantispyware, so I downloaded it and run it regularly and it has made a marked improvement.
Okay - to make it simple, what's your monthly takehome pay?
Mine is $1600/month. Assuming I worked 5 days a week (which I dont... I work 6 to 6-1/2), and 8 hours a day (I dont - I work 10-12), it would be $10 an hour. Where in this country is that a good wage? Working my average week, and my average hours per day, this further drops to about $6/hour. (Again, we're talking take-home, not gross.) I don't base anything on gross pay because I never see a large chunk of it. Part goes for Social Security which I'm sure I'll never receive. Part goes for healthcare, which is often denied and I end up paying out of pocket anyway. Part goes for state & federal taxes. My state is already issuing IOUs, not refunds, and last year they gypped me out of what should've been a $300 refund. The feds? Forget it. Let's not even go there.

So unless you live in some wonderful Utopian town where gas is 20 cents/gal., Cheerios are 85 cents/box, and rent is about $150/month, then spare me the lecture about how far a crappy 8 cpl will go, or even a crappy 9 or 10 cpl.

Oh, and by the way? I aint no 'newbie'. Try 34 years.
Just making sure--$60/mo + monthly phone bill? sm

Talk about perfect timing!  I told my bro last night about connecting via his cell phone.  (Found that info here by searching the archives.)  Anyway, he also uses AT&T.  So that is $60 plus his regular phone bill, correct?  TIA!


I also like to use online references, which by the way I invest in by paying my monthly fee
for high-speed internet service. Why knock someone's way of doing something just because it isn't your way? I personally find it much quicker to find something online than to finger through a bunch of books, which by the way are outdated quicker than you can get them delivered.
Sounds like where I used to work- PHNS- 5% of our total MONTHLY - sm
work was our limit to QA. You'd get your butt chewed off if you went over that....and this was 80% hard ESL too. Totally unrealistic. They did not penalize you though, but that was a while ago too, now, who knows, wouldn't put it past them.
Oh..it's way possible. I've averaged $7000 monthly for the last 5 months sm
I have four accounts and work probably 60 hours a week, but have most weekends off, sometimes I'll work a few hours on Saturday morning or Sunday evening. It can be done, but it isn't easy.
Isnt there a transcription paper/magazine that comes out monthly??
I remember years ago when I was working at a transcription agency that there was a monthly subscription of a magazine/newspaper-type that came out monthly that I read.  It was always sitting around.  I cant remember the name of it.  Can anyone tell me the name of this??  And do they still publish it monthly?  Thanks!
QA, 2750/monthly, salaried, excellent benefits-no complaints here.
Was a long time coming though.
My cost of living expenses monthly is $2200/month
I'm self employed, so I'm killed in taxes AND I live in NY...but I wouldn't have it any other way

I LOVE NEW YORK!!!!
The Latest Word was a waste. Stedman's might have monthly updates on their site, not sure. nm
s