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Serving Over 20,000 US Medical Transcriptionists

economy

Posted By: pumpernickel on 2009-01-15
In Reply to: Slow work and people not going to the doctor - Anonym

I think the biggest part of it is the economy right now. People are out of jobs, out of insurance, or worried about their jobs and trying not to spend any money, even on health care (dentists seem to be getting the worst of it). Unfortunately, aside from perpetuating the bad cycle of no spending = low business profits = job cuts, in medical terms it is especially bad that people are delaying things that they really need to avoid future problems/expenses, such as colonoscopies, screenings, etc. From everything I have seen so far, this is happening across the board with transcription volumes down. It's normal that we are in a slow period right now just after the holidays, but it seems there are a lot of people on these boards having a hard time finding a new MT job, even with a good resume. I don't think that is going to change until the economy rebounds. There are other challenges for the industry from India, EMR, SR, etc., but I think the economy is affecting our volumes in the immediate present more than anything right now.


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In this economy? I don't think 5 cpl for ANYTHING
Especially when they state they want someone who has experience, and is good at what they do. And more than that, such as 9-10 cpl, is an insult for straight medical transcription. MT isn't a 'career', it's a US sweatshop run by Indians.
Does it have a lot to do with the economy
Do you think it has to do with the economy or is this the way it has been for a while? I see posts from last year where people were being placed pretty easily and quickly.
I thought that maybe in a year things would look a little better. Hopefully anyway...
already signs its bad for the economy
As consumers, we are cutting back, because the price of everything is going up and wages going down.  Its completely out of balance.  Since Bush has been in office, consumers have had to increase their spending because of higher prices in the last year by about 200 billion.  Three years ago, consumers were spending 100 billion, now we are spending 500 billion.  People have just started to cut back, thats why movie theatres are advertising more to get people back in there, not as many kids are eating out, especially with the gas prices skyrocketing.  We've got a complete moron in the office.
THIS economy is doing well, unemployment at 4.9%. Where do you get
x
I think it is the economy. People don't have the
money to buy insurance, or are contractors because their company won't provide insurance, and they cannot afford to have the surgeries they used to. Unless it is a true emergency I bet the hospital rolls are way down. The economy is just very bad right now, and most folks can't even put a doc visit on a credit card, because the credit cards are maxed out. BTW: Even McDonald's recently closed at a mall close to me. Even they are feeling the economic crunch. Yikes!
I think most in this economy would not have a problem
accepting an inhouse deal, some yearn for the chance to have a so called steady income, steady work. The pay seems good. You just said you ran out of work for a few days. You have to ask yourself would you rather sit around in PJs, no money perhaps or inhouse with money. Simple.
AND if another country's economy fails
it will greatly affect us.
In this economy I would not dare - they may look elsewhere, be careful!
.
This economy is so bad, and the past overhiring
have made MTSOs scared, I believe. I sent out a zillion resumes a day and finally ended up with 1 full-time and 1 prn just in case the FT runs out of work. It took a year while I worked at a bad place and went broke. But you have got to keep trying, please keep up the faith. Statistically the more you send out the better chance of getting a response. Did not help when Medquist's thousands of MTs left at once too, so the market is flooded right now. Good luck to you.
Yeah, the whole world economy is going to be derailed because

Do you realize that the Bush tax cut saved this economy after 9/11?
Everybody got a tax cut.  Now you can't cut taxes to those who don't pay any, can you?  That would be socialism.  BTW, do you realize that the unemployment rate in those countries with cradle to grave entitlements runs more than 10%, as compared to our 4.9%.  France for example.  I know it seems like a simple solution that the taxes from the high wage earners should be taken away and given to those who don't earn anything, but in economic terms, that can destroy an economy and therefore hurt the low wager earners even more.  Case in point, the Clinton luxury tax back in the 90s.  He put a huge tax on boats and jewlery and had to remove it because of the trickle down damage that did to all the jobs those luxury items created.
Make sure you don't have it in express or economy mode.
Is it faint all over consistently or is it uneven? If it's consistently faint, go to your Start Menu, Control Panel, Printers and Faxes, right click on Dell Printer 720, Properties, General, Printing Preferences, and make sure Quality/Speed isn't set on Quick Print. If that doesn't fix it, post again and we'll try something else. You may have to put in a new cartridge.
They encourage outsourcing, global economy.
x
Unions are increasingly a thing of a by-gone era. In this global economy,
x
economy doing well? did you ever consider unemployment is lower because after people lose their job
or temporary jobs. well, obviously unem. would look low. what town do you live in? we have major closings of businesses almost on a monthly basis.

we have stores closing all over the place. even 3 burger kings. gas is over $3.00, from $2.00, and is intended to stay that way.

I know of hardly anyone personally who is working full-time with any good benefits to speak of.

of course unem. would look like it is going down. 2000 people lose their jobs, 500 people find lower-paying, service jobs, and then unem. is down?

just look around, if you think the economy is so great. we are suffering in our area. we now face heating fuel prices going up may 100%, which is just went up about 50% last year, for some excuse or another.

americans are being extorted, and it is by our own rich in this country, who are what, the top 3%?

ever wonder where ALL that tons of money goes that is saved by closing shops, getting rid of full-time employees and all the benefits.

DOES THE SAVINGS GET PASSED-ON TO US, THE LITTLE GUY? No, we are actually pay MORE for everythiing. do you grocery shop? ever notice prices going up almost monthly, if not some weekly? salad dressing, 99 cents a few years ago, now over $2, and going up to $3?

how is that good for the economy again?
And we have the largest economy on earth, and lots of good comes
x
Considering all that you mentioned, the fact that the economy is growing is amazing. But,
f
Dignity, get real. It's a changing economy. Get with the program.
p
Dear, I'm wondering if the economy has effected your paycheck...
something tells me it hasn't.
As Economy Slumps, Firms Line Up to Hire Skilled Foreign Workers

 What the heck is going on around here?  It just gets better by the day!


http://www.foxnews.com/politics/2009/03/19/economy-slumps-firms-line-hire-skilled-foreign-workers/


News flash..Don't know where you get your news, but the economy is doing very well.
s