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Serving Over 20,000 US Medical Transcriptionists

Those numbers are brought down because they include MD's private offices

Posted By: MT on 2006-06-13
In Reply to: umm...I hate to tell you this...but further Labor Board stats show wages in 2004 - MeganMT

Physicians' offices and clinics pay next to nothing. That brings the numbers way down. Every MT I know makes more than that, at least after the first year!




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Mostly inpatient hospital dictation - H&P, DS, Consults, Ops, some include ER
and progress notes. Acute care is usually inpatient dictation from hospitals.

Hope this helps.
Some interesting numbers for anyone

Wow, these companies sure have a friend and defender here.  Good!  Stick by your guns, although you aren't under attack by me.  We are only sharing ideas.  Maybe I was wrong about ownership, although who owns the ownership company?  Maybe what I heard that Andrews, M-Tec and VLC were the moderators.  I know Linda Andrews was answering questions as a moderator when I was on the site a year ago.  I don't have time to research it now, but I know someone who knows for sure.  I'm curious now.


Listen, those schools deserve tons of credit.  They are the industry leaders in retail internet schooling.  People like Linda Andrews, Ellen Drake, Vera Pyle (Vera died) and Sally Pitman are icons in this field.


But Deb, Andrews, M-Tec and Career Step advertise all over the internet 24X7.  I've been told what that advertising costs.  It is amazing.  If they have a full-time waiting list then why advertise at $10 to $15 a click on Google?  I think they are just businesses- good ones, but not something holy that is beyond scrutiny.  I was seeing posts that said to only attend the Big 3 which is silliness.  We don't want to line up like lemmings.  It is good that Americans are essentially skeptical.  In that way we constantly seek out the best in price and quality.


Figure 100 clicks per day on Google at $10 per click.  That is $1000 on Google advertising per day or $30,000 per month. NOTE: I just checked Google Adwords (we have our own advertising account there under MTs).  It is $18 per click to hold one of the top 3-5 spots for "Medical Transcription School".  It is about $10 per click to be slightly further down.   Someone has to pay for that- the students.  This goes for all schools advertising on the internet.  Figure that a school has 100 new students per month.


That means that advertising costs the school $300 per student.  Deb, this is any school, I'm not attacking your favs.  Just looking at costs.  A school like PennFoster which always holds a top spot it seems, might get 200 clicks per day at $18 per click- $108,000 to Google each month if my guess is right.  Since their tuition is lower than Andrews let's say, their biggest cost may be advertising, not curriculum or teachers- they probably don't have teachers.


Spheris is a public company so who they own is on their Financial Statement.


I know folks at Meditec.  They are an MT company which also owns a school.  This may be another way to lower costs and ensure employment.  I don't hear bad things about Meditec from their graduates.  I don't know what they charge.  They probably also use the HPI educational material.  This is another option I would look at if I were a student.


I still predict that staffing schools will be the solution to very costly tuition and the 2 year experience requirement.


Back to work.  Throwing these ideas around is fun!!


 


I'm glad you brought this up...
I'm glad you brought this up, because there are scams out there and new MTs need to be aware of them. Just look at the threads below regarding Proficient Transcription.

Best of luck to you in your job search!
Sent you private message, MT from BC - nm
nm
Do not post names, e-mail addresses or phone numbers. (NM)

x


I'm in shock. She brought the child over to me
and it was her idea. wow. Don't know what I will do tomorrow but I will figure it out. Such a sweet little child...I'll always be her grandmom and won't push her mom away because she will need to go back once my kid has grown a bit more.
You still haven't addressed the issues brought up below . (sm)
The first sentence of your post above says you are going to address the issues posted on this board, and yet you STILL haven't addressed these issues, such as why you take money upfront instead of letting people buy their own software, why you charged for software that is free, why does someone need to buy a foot pedal from you when they can buy it on their own, and if someone already has a foot pedal and the software what would you charge them. It seems you're skating around the issues instead of addressing them. This has nothing to do with pleasing people 100% of the time, and it has nothing to do with personnel issues. I don't work for you. This is about enlightening those who need it about the scams that are out there.

And you DO respond to these posts very quickly. You responded to my original post INSTANTLY.
i work for one national, one smaller, and have one private account.
i am always busy, but never without some type of work :). I make a great line count with MQ. I was statutory but effective January 1st, I am an employee. Not sure how that will work out. My secondary account is with a smaller company I have been with for over ten years, and I have a small private account that pays very well but low volume.
You were "blessed to find a private company" in your area. Most people are not so blessed.
And most companies will not even let grads of AHP take their employment test, because they know they haven't been trained well enough to pass it. However, the companies will simply say that they "don't hire newbies" and "you must have 2 years' experience" which isn't true, you just need a good education where they know you can pass their test and do the work.
Doctor offices do pay well
My docs pay very well, on time, no bounced checks and appreciate me.  So I disagree with you over this.   Dermatologists do use transcriptionists as they have a lot of consults that go out.   Evidently this office had to cut corners or they felt that another way was more profitable.  This is happening in all aspects of business world/life and there is not much that can be done to stop it.  We must use our expertise/experience in other ways and it is possible out there.  I don't think that they will every replace us 100% and we might be typing in EMR's or doing voice editing but there will be a need for us.  
Doctors' offices pay little or nothing anyway. see message
I've seen this happen before. It usually turns out to be a mess and they go back to a classic transcription system. As far as coding, they use a Superbill anyway. They don't need a coder. They just list the codes and check off the appropriate ones for each student. They don't get paid as well as if they had an actual certified coder, but they won't or can't afford a real coder. That's nothing new. As far as the transcriptionist, most dermatologists don't hire transcriptionists anyway. They scribble the notes in the patient's chart. Even if they use some voice recognition system and get poor results, it may be easier to read than the scribbled notes. I've also noted that doctors who do have transcriptionists who know what they are doing are not willing to replace them with a machine. Others are easily replaced. That's just what I've seen and I have access to small and large organizations.
check with local offices

I agree with the above poster.  It may sound mean, and I don't mean it to sound that way, but a course through Penn Foster doesn't mean much to employers and doesn't even come close to the education offered by the top schools.  I would try to start local if you can, get some experience in, then check out some of the bigger companies if that is what you want. 


 


 


Don't forget radiology offices in your area.
Never know when they might need some part-time help. Or chiropractic offices. You might do other jobs as well, but variety isn't all bad.
Have you tried local clinics or doctors' offices?
I went to a local community college and decided I didn't want to work for a large national so I sent out resumes to local offices and I got a job working for a Nephrology office with great benefits. I can be done, just send resumes everywhere and test when you can.
Why not try local MTSO's or local doctors' offices
That's how I started out when I first became an MT. I found a very small local MTSO who gave me a chance and now I work for a local company and have been there for two years. It might be worth it to take a look. I basically trained at the MTSO's office for about a month so there was no testing involved at all. Just learning along the way. Good luck whatever you decide.