profits

Posted By: pumpernickel on 2009-01-21
In Reply to: EMR - Lynne

Here is my big problem with the whole concept of cutting out MTs to save money (aside from the obvious of me losing my job): The hospital cuts out the MTs to save X amount of dollars a year. Do you honestly think they will pass that savings on to patients? I highly doubt it. All that will happen is the money will be shifted and absorbed back into hospital profits.

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What does this mean for the MT industry? sm - Worried MT
- Recent study done... excerpt..see link ... - DJ
- After reading most of the posts below..sm - passing thru
- The reports that are transcribed get scanned into - this is what I do.
- my pediatrician - justme
- EMR - Lynne
  - Back in the Dictaphone dayz, some docs couldnt even - figure out how to turn them ON.
  - profits - pumpernickel
- Go search bar and put in the word Staff - Anony
  - Yes, but I think this is being interpreted too broadly. - They said what
- That means that medical files will be in computer - databases, not paper files.
  - Wanna tell that to the local hospital MTs whose....sm - Hmmm
    - Such gloom and doom. Better head for the bomb shelter. - (I know you've got one!)
    - the hospital I work for already has started to implement this and lessen our work - I agree
      - My hospital does this and - - Amanda
        but for some it does - right

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What a rip-off! That practice keeps their profits UP
$

Then you weren't making any profits -- sm
If taxes were eating up your "profit" you weren't making any as even as an employee you pay taxes and so your takehome pay is less. All you pay is the extra 7.5% of SSN when you are an IC or in business for self. There are so many write offs that I have or anyone can have that I actually have more take home pay than if I were an employee. So again, you had no profits as if you had been an employee you would have been 30% down in take home pay anyway. With all my write offs -- which I would still have an an employee but could not deduct, I am in a much higher tax bracket than I am now. So even with the extra 7.5% for SSN, it is well worth it to be and no I do not cheat just take all available write-offs that I am allowed.