thinking about selling my transcription service...
Posted By: seller on 2005-11-09
In Reply to:
 and just wondering if any one has any opinion on interest in that. The person owning the company would make a minimum of $82,500 a year, running the business and doing some transcribing part time. It would be very easy to do some marketing and bring in some new accounts, which could easily push that 82500 to over 100000 a year. I have repetitive stress injury and my doctor has told me I need to find something else to do. I was thinking if there was an MT or a group of MT's (the company is incorporated so shares can be sold) that would like to get together, they can eliminate the middle man, earn retail price for their lines and establish job security, not to mention satisfaction. Price would be around $250,000 but like I said, a group of people could go together to cover that and with a little work in marketing, it could be paid off in three years. The business is about 10 years old and to the point where it is generating its own referrals. It could really go places if someone wanted to spend a little time marketing to a few new hospitals. Any one have any thoughts on this.
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Considering selling my transcription service. See message
I have an established transcription service that I am considering selling. Anyone know who I would contact to pursue this? Thanks in advance.
transcription service provider, I think. nm
s
Transcription Matchmaker Service....
Here is the information that, I believe, another poster had mentioned, but didn't know where to go to find the service.
Transcription Matchmaker
Contact: Terri Kaminski
PO Box 10861, Bainbridge Island, Washington 98110
recruiter@transcriptionmatchmaker.com
Telephone: 206-855-9524, Fax:
Title of position: Transcriptionist
Experience: 2 years as a transcriptionist.
Location of position: United States: nationwide position
At home or company: Work from home
Full or Part time: Full-time position
Employee Type: Employee
Type of Transcription: Hospital transcription,Many types of transcription
Specialty: Any Specialty
Job Description:
Free MT job search assistance available ONE TEST, ONE INTERVIEW, RATHER THAN TESTING WITH EACH COMPANY!! Are you interested in finding a new employer, but do not know how to choose between the hundreds advertising job openings? Would you like to know more about a company than what they pay and what kind of benefits package they offer? Transcription Matchmaker is here to assist you. We believe that one of the most important criteria in choosing an employer is the company culture. Not everyone is a good fit for every company. But in those instances where you land in an organization that is a great fit for you, success and happiness are just the beginning. At Transcription Matchmaker we take the time to get to know you. We want to know what environment you work best in. We will ask you a series of questions to get a sense of your ideal environment for satisfaction and success. Then we match you to companies that meet your needs. We have an extensive database of transcription employers.
How about....No Injuns Transcription Service.
Funny.! I was thinking ...this is my Transcription GOD!
nm
medical transcription service owner. nm
x
Medical Transcription Service Owner :D
When you do not know, you should ask and you are not an idiot! :)
Medical Transcription Service Owner
!!!!!!
Do you work in a hospital or a Transcription Service
Office? It is a hospital there should be a manager that you can go to or an administrator. Production is key in hospital work, and it is important you have the quiet you need to produce.
Software to Use to Set Up Digital Transcription Service
Hi Everyone,
Looking for assistance with setting up a digital dictation transcription service. What is the appropriate software to use for the digital dictation, transcription, downloading voice files, typing reports, uploading reports to facility, HIPAA compliance, etc. Would like to do this without spending a huge amount of money, but at the same time want to be secure and compliant. Any and all assistance would be appreciated!
Thanks in advance. 
Transcription Application Service Provider.
IOW the smart computer folks who deal with the headaches! :)
They provide HIPAA complaint file hosting/ftp set up for MTs. Some charge per line, other charge per month, it just varies. Some provide a call in dictation service and charge per minute. It's great if you have no capital in invest in equipment. :)
I'm not sure but I think it's what some MTs refer to as a platform?
Medical Transcription Service Organization nm
s
I think any transcription service can well assess an MTs ability
requires so many test files to be transcribed is taking advantage of applicants.
I worded it wrong - should have said new idea for transcription service. sm
This "branch" of the company will be in office only. The rest of our transcriptionists are at home. I just feel that new grads have no place to go after finishing school but realistically they are not ready to be on their own at home for 6 months to a year. This will bridge that gap, let us train new MTs correctly, add more MTs to the U.S. transcription pool, etc.
Medical Transcription Service Organization/Owner.
//
American Association of Medical Transcription Service Owners
They do not represent the rights of the individual Transcriptionist it seems but rather promote their organization in order to continue to exist and to continue to survive, they seem to think they should stand up for the service owner and not the MT.
You'd think they would be giving information on how to get more production since our wages have stood still and unless speed engines are used, we make much less than what one would think.
Idea for a new transcription service. We are looking for some ideas to firm things up. TIA. sm
Here is the basic structure:
All work kept in the United States. Recent graduates of either a 2-year community college program or one of the better distance learning courses.
We are thinking of opening a combination office/training center. Half will be recent grads. Half will be seasoned MTs who like to mentor.
The seasoned MTs will get an hourly with a line incentive as there will be time taken away to be second ear for the newbies, more in the beginning, less as time goes on.
The newbies will have to be in-house at the company for one year on either 1st, 2nd or 3rd shift.
The newbies will receive either by the line or by the hour, have not decided.
What do you think would be a fair hourly for the new grad? For the seasoned MT who will be transcribing their own work and mentoring.
We want to be generous without going bankrupt.
Do you all think the idea is a good one?
If you could work in house at a company with good benefits would you prefer that to working at home?
Just looking for some input. It looks good to us, but outside opinions really can be eye-openers.
This is an established company, so there would be plenty of work. All of our MTs are home-based now, but not sure if everyone really wants to be home-based. We are near a major metropolitan area, so finding the MTs should not be a problem.
Any suggestions would be appreciated!
MTSO-Medical Transcription Service Organization or Owner
..or when the doc dictates "prior report LOST by XXX Transcription Service...AGAIN." sm
I work for a national MT company, we do hospitals all over the country, I work from home. I have NO control over where the chart goes once I send it in, I'd bet the original chart was never dictated and hence never 'lost' by us....but in the case that it may have been, THEY HAVE THE PHONE NUMBER of the company to call them, they have specific contacts at the company for issues such as this...I CAN'T HELP YOU WITH THIS, especially when all they're doing is bitching at me on a voice file. Funny, it's always the same couple of docs complaining of lost dictations. Curious that it's JUST THEM. ;-)
Thinking of applying at Golden Isles Medical Transcription..sm
Would someone with some inside information please email me? I would like to know some particulars about this company before I think of applying for a job. Would be interested in their platform, the type of accounts, their line rate, whether they require weekend work, and anything else you would care to share! Thank you.
You will be notified via email. Gift pull is not instant because I also run a transcription service
in addition to running MTStars and the donation program.
Thank you for your patience!
Administrator
MTStars
I think they are actually dictating to a transcription service (Baker Sten-Stel) via C-phone
then they e-mail back to the doctor's office for me to type. So maybe it will go back to them for QA. Why I don't know. This work cameto me from a temp service and they obviously did not know much. I will find out Monday morning. Thanks for your input. I will more than likely be on this site screaming for help. The AOL question was just in case I can get them to use my home office next time, because I just switched to DSL through AOL and I was hoping that would would work with Express Scribe, my footpedal and their software.
We're not a transcription service. We offer toll free call in dictation
service at rock bottom prices. I was only offering you an alternative without having to put out a lot of money by buying handheld units.
Speaking of Kenny Chesney, is anyone thinking what I am thinking? see message
When I hear the words, "annulment" and "fraud" in the same sentence, I can only think of one thing. Anybody else thinking the same thing?
We have decided to add this to our current service not have a new service. It will be easier to sm
keep track of and will just be a different department.
It looks like we will work out details over the next 6 months, talking with community college program directors as well as a few of the distance-learning course leaders to work on the recruiting end.
We will train current staff to mentor if they would like to do so and want to work in the office.
We are still working on production requirements, goals to set, pay, benefits and other fine details but we have 6 months to get it all in place with three months to pull it together after that with a tentative start date of 09/01/06. We need to build the building as well, although that is already at the blueprint stage in a spot next to our current office.
We did not want to cause flames and bashing by listing the company name as there are always so many negative people on this site, but we are national with over 200 transcriptionists, located outside of Chicago (40 miles west) and have the best team of transcriptionists around!
We will have an "official" announcement after the first of the new year.
Thank you for all of your feedback and suggestions!
Selling on E-Bay
I have quit doing MT and have been selling some odds and ends (clearing out my closet, etc.) on E-Bay and have done pretty well so far. At least I can realize some extra money which is more than I can say for doing MT lately. It's a good way to get rid of unwanted items and make some dough too, so why not? I have a cousin who is seriously into E-Bay, even going to college full-time, and she makes enough each month to make her car payment.
I think the money to be made is out there, just depends on how MUCH money you really need. I'm retired now so anything I get is a plus to me.
No, would be like selling my kid!
....
How is this selling out?
In any other world, getting a credential is not "selling out."
MT's stubborn refusal to value continuing education and credentialing goes a long way to explain the lack of respect we get in this industry.
The people who hire MTs and MT services are almost always credentialed.
I am selling one for $100, in box, Panasonic...
If interested, I would be happy to give you more information. This is the exact same thing, if that is what you mean. It lists for $267, but they are always $199 in stores.
Mine is gently used, in box, and $100 or best offer.
Thank you...
Product Group: Microcassette Recorder/Transcriber Model RR930 [ view group ]
Product PANRR930 [ companion items ]
Microcassette Recorder/Transcriber Model RR930 Function—Play/Record Two-Speed Tape Operation Tape Counter—Mechanical Foot Control—Two-Function Optional Deluxe Headset—PANRPEP110, sold separately AC Adapter Included—Built-in Model includes: Standard headset, playback variable speed control, auto and variable backspacing, quick erase, tone/volume controls and manufacturer’s one-year warranty. Black
Your Price $199.99 Quantity
[ add item(s) to cart ]
--------------------------------------------------------------------------------
Selling business
This may not be what you want to hear but basically you are selling your client's name and hopefully they will use the new person. I went through a divorce and because my husband felt that I had a "business" (I have 5 accounts) he wanted a portion of what it was worth. I had to have someone come in and do an audit, talk to my accounts and give a net worth which he said was basically what I could sell my computer and things I use in my business and my business name which was not worth that much. My clients said that there was a 50/50 chance that the would go with someone that bought my business and one account said that they would go out and find someone on their own. With only one small client you might find someone that would pay you a percentage per month for a while but that would also be hard. What if who bought the business was not any good and the client quit them after a month, would they still owe you a couple of thousand dollars. Your best bet might be to find someone to subcontract for you and you keep on with 20 to 30% until you know that they are good and then ask for a month's income and give it to them. Look at what your business brings in a month and you might get 50% of that. I would not "buy" a client because they might not stay with me. Unless a contract is signed all the way around and then there is always a loop hole for them to get through if they don't like you. I have gotten two accounts over the past 20 years from gals that were moving or quitting and never paid for either one. One has stayed with me for now 7 years and the other one quit after one month as someone in-house wanted to do it at night. But that is my little knowledge. If you had an actual business, office space, computers, etc. then that is a different story but it doesn't sound like you do. A beautician does not sell her client list.
selling house
You need to document all of this and write her a registered letter recepit requested ahd outline all of this and inform her that you are going to send a copy to the Stare Board of Real Estate licensing and do a formal complaint unless either release you from your contract with no fee or to start doing her job. Whichever you prefer. If she is with a large company, I would also cc a copy to the broker/owner of the company. You do not need to take this nor pay for cancelling her contract if she is not doing your job and that should be stated somewhere in the contract. Also the state will investigate this and it will be a mark on her name. You can always call the state board and see if there are any complaints against your realtor. But you don't have to take this kind of service. But forewarn her of what you will be doing. And like I said if she is working for a large company like Century 21 inform the broker -- call her office and ask who is the manger/broker and talk or just send them a copy of your letter. They do not want any investigations believe me as it ties them up too much.
Patti
Selling the BOS to MTs in other countries?
Does the AAMT really sell the BOS to MTs in India and Pakistan? Can MTs there belong to the AAMT?
Selling jewelry sm
I have some to sell as well and was wondering about E-Bay. Do you know if you have to pay taxes, file forms, etc., if anyone does buy anything from you on there? Does anyone else have ideas that do not involve getting a business license? I think a tag sale would bring people around who would only want a quarter. I could use some extra cash and the things I have are nice and never worn, not a jewelry person but have made some from fine gems. Been thinking of where to go with it.
How about selling Avon?
x
selling home
Has anyone sold their home without a realtor or with one of those FSBO companies? If so, I'm just wondering if it was easy or a hassle. I'm getting ready to put my house on the market but hate the thought of paying a huge commission to a realtor. Any input is greatly appreciated !
selling house
Yes, this was something I was looking into also - around my area it's Assis2Sell and they charge a flat rate, no matter what your house sells for. Thanks to all of you who replied with some input on this. 
selling home
I just saw a segment last week on the Today Show about selling a house and because the market is soft now they advise if you do not have to sell your house right now anywhere in the US, not to, take it off the market and wait until the spring of next year. I know homes in our neighborhood where they are usually bought within a matter of weeks have been on the market for 3-4 months now even with a reduction in the price. They said on the Today Show this is a good time to buy a house, but not sell it, because buyer's are taking a lot longer to choose a home and not acting quickly on buying the first house they love when they see one. Just telling everyone what I saw.
selling home
Unfortunately I don't have a choice about when to sell as this is due to divorce. :(
selling home
When I checked their websites (Assist2Sell, etc.) it seems they offer different packages, some of which include "full service" so now I'm getting a little confused. Aren't these flat rate places still realtors?
selling snake oil?
So for the second time this year, "At Home Professions" has come calling to town to give their big seminar. The flood of calls to my house start coming in from people I barely know or hardly know about all the fame and fortune of being an MT. They are telling people they could start at 15 cpl and make 50K per year.  Are they even a real school? I want that job!
Nevertheless, I get the calls about how wonderful and terrific working at home is (not that it isn't, but it is hard work!), how "I listened to what they had to say and I can do that" (like it is no big deal), and basically how "easy" it is. Sigh.... I feel like I am explaining the science of building a rocket to my 5 year old who just wants to jump in and take a ride!
Selling plasma sm
Has anyone tried this as a way of making extra money?
I really need to find an additional source of income and the local plasma center is paying out about $200 a month for plasma. Can't work a second job outside the home because of mom with Alzheimer and 2 teenage boys that would likely kill each other before I could get home. 
My telephone service is VOIP, but it s through my cable service, along with my cable internet. .
We have had VOIP for about a year now and I love it. I really can't tell a difference in traditional service, except the price. One of the best calls of my life was to Bellsouth to cancel our service!
I know! I'm trying, trouble selling mine!
I'm doing everything I can to get out! It's awful...3 years ago nicest, quietest neighborhood you could ever want.. Now, AWFUL. Homes unrecognizable in some areas.. homes that were nice! It's sad.
Trailers selling for $1M+ in Malibu now. You go, G/F. -sm
Yep, there was an article on Yahoo yesterday about trailers in Malibu for over $1M. In a place called Dume Park - not "doom" but "do-may".
I lived in a trailer at one time. Now I live in a house I paid cash for at the city tax auction. It is sweet not to have to pay rent or mortgage.
They started selling it, sorry to hear you
are losing money, but glad to FINALLY have an outside source reaffirm what I have been saying for two years, Docuscribe cheats us out of lines. That is one bad thing about computers/technology, no proof except the sweat of our brows (or fingers as the case may be) and they can say "It's just you", as they have been doing!!!!!!!!!!!!!!!!1
Selling business deleted?
May I ask why the selling business messages were all deleted? Was something said that should not have been? Just curious so that if I said something I do not do it again.
Selling body parts in the US sm
There was a brief mention of a recent arrest (I believe it was in New York) of a phony business set-up involving funeral homes, etc., selling bone grafts, etc. from dead bodies (one was supposedly Allistair Cook's body of the PBS fame) and replacing these parts with PVC piping in some cases. These people made "millions" and the patients/families had to be notified. One man was practically crying because he had been told he has to be tested every 6 mos. for HIV, hepatitis, etc., since he had a recent surgery on his neck. They said it may not present itself for years in some cases. They showed some gentlemen being led away in handcuffs but the story was cut short. Anyone else know about this travesty and why so little else has been said about it or is there any web site, etc., that explains it in more detail? Would like to know morel I am very concerned for the recipients as well as the unbeknownst-to-them "donor" families.
selling real property
I, too, am a real estate broker and agree with you 100%. Selling real property is not like selling an automobile or a piece of furniture. There's a lot of legalities when selling real property.
India's selling itself short, too. nm
.
Question about selling used Stedman's
I was hoping someone here could help me out. I was thinking about selling 2 of my electronic word books since I don't use them any more and was wondering if I have to call them about the whole licensing thing and get that taken care of...or can I just sell them right out?
Thanks!
I have one (USB) I am selling for $85 (this includes shipping)
when I bought it I was told to get USB. I don't even know if it comes in PS/2 or not. It does not matter what your keyboard it as far as I know. My keyboard is a wireless with an transmitter plugged in at the PS/2 port. Ask the MTSO which you should buy and you should have your answer if you are worried. But if you want mine I take PayPal and M.O. --- it is basically brand new, used for about 2 hours, have original box too. But is is a IN-PI-USB. See my note on the Classified's page.
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