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And with so many smaller MTSOs selling out

Posted By: MDIMDer on 2009-07-29
In Reply to: MDIMDer - fatcat

to larger MTSOs with no warning, it certainly justifies our being suspicious and expecting the worse possible outcome.

I don't know about D...her silence during this entire month-long famine has made me second-guess my opinion of many of those at MDI-MD whom I previously thought very highly of. While selling MDI-MD wouldn't make her dishonest per se, at this point it feels like she is selling out her dedicated MTs.

I was completely exasperated with her email this morning which made no mention of any of our concerns and instead acted like it was regular Happy MDI Wednesday.

The lack of acknowledgement that there is a problem on more than one account just flabbergasts me.



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There are many. Try smaller MTSOs. (nm)


This sounds like one the MTSOs who got rich from selling
their company. You need to live in the real world sometime and see what you can do without. Your beer and champagne will be gone, but so will the steaks, lobster, and even a fresh vegetable unless you grow them. Even better, try giving up some other things - aspirin, ibuprofen, kleenex, vitamins they recommend you take daily, doctors visits, dental care.

Sorry, LMAO, I never want to meet you or be around you. You are evil.
Look at smaller MTSOs that want to send you files
in Word.  You'll need to go MOM AND POP shop because it seems all of the larger companies have what you don't want, which is what I don't want and totally despise.  All of these junk-u-scribe platforms seem to benefit the company and not the MT. 
Exactly, but everyone blames MQ - its the smaller MTSOs who are "jiving" us all. Poor little
companies that can't compete with MQ - yeah, right!
selling biz
pls email me more details about your service and clients (type of transcription), etc.
Selling MQ??
Sold to who? I don't know what you're referring to. Thanks in advance for clarifying.
Not sure who they are selling to but...sm
another national has offered us jobs with them and I don't think they are the right fit for me.
medquist selling

Has anyone out there heard anything about medquist selling the company??


Thanks for any info.


 


Selling business sm

Can you email me your contact info?



Thanks.


Difference in selling and just closing down
I can understand if there were legal issues regarding the sale of a company, but rumor has it that QT is just calling it quits, I would not think there would be any legal reason not to tell anyone, maybe they are just trying to prevent the MTs from leaving before the account has terminated. Still from what I read, most of the MTs would not go until the account was gone and the doors were shut, so I think it would more professional if QT told their transcriptionists what was going on.
No mention of selling, just that they won't have work for for me
xxxxxx
Never heard of them. Who are they selling to? Is MQ starting that again? nm
nm
Watch out selling them short...
you just might find another job which you think is better, and guess what, you've made a mistake and want to go back. By then you are stressed out and sorry for second-guessing. Take advice from someone who has been there and done that. Good luck whatever you decide to do, only hoping you save yourself grief. :)
No. We use DocuScribe and have no intentions of selling to MQ. sm
They have a separate department for technology, used to be Lanier, and they keep it separate. It is the same as using WebChartMD or EmDat. We pay what we use.
So, then, you're selling your knowledge
More output for the same pay means nothing more or less than that each line of knowledge (because that's what it is) is going for a lower price.

The value of VR to the client should not be price, but time. When price is the value proposition for VR, knowledge is being offered at a discount. It is positively idiotic for MTSOs to sell VR using price as the value proposition. The appropriate value proposition is TIME because VR should permit shorter turnarounds.

The question is, do MTSO's actually charge less for lines produced by VR? I'm not sure. If they do, they're giving away the store (and forcing the knowledge workers to discount their input).
There are a lot of smaller companies out there

That have managed to stay in business for a while because they don't get greedy.  They're also the ones who don't really need to advertise because the people they hire usually stay with them for a long time and there isn't a high turnover.  I left Transcend for a company that doesn't normally advertise for employees and has been in business for years.  They don't supply equipment and don't have a huge tech support team, but all that overhead saving is passed onto the MTs instead of the lion's share going in the owner/CEO/shareholder's pockets.  They also see the larger companies investing in VR, but they're just biding the time because they know that sooner or later companies are going to see that VR will go the route of offshore outsourcing.  It's not the major wave of the future as some may think because there will ALWAYS be clients that prefer quality over quantity and are willing to pay for it.  VR just does not offer the quality that a human can and the way editing is geared towards producing as much as you can to make enough to compensate for the wage cut, the mistakes will abound. 


The easiest way to find the companies like this is to post your resume. You don't have to post your name. The companies that pay to see your resume are the only ones that will see it.  Let them contact you instead of going for the companies that advertise consistently and are offering big bucks to get you in the door.  Usually there is a reason for consistent advertising for employees or offering the bucks to hook you in, and it isn't always because of getting new clients. There ARE still companies out there that will pay for quality instead of quantity and will reward loyalty and experience.  Some companies actually DO "get it" and realize that keeping the MTs happy keeps the business running smoothly.  The company still makes a profit and has less problems. The problems arise when the companies get bigger, want more, and offer less.


Some smaller companies might. (sm)
Check locally.
HELP!! Looking for a smaller MT compay!

I am looking to work for a smaller MT company.  The kind of company where you transcribe the same dr. every day!  That sounds so great to me!!  Anybody know of any???? If you do work or have worked for a company like this, please tell me likes/dislikes.


Thank you so much!


I wonder if you could try a smaller MTSO? sm
Maybe a smaller company would like the option if you are interested especially in case of emergency and p.r.n. for summer vacations, etc.  I think you definitely have something here with what you're asking.  I'm just not so convinced a national would be receptive, but who knows?
yes there are; keep looking, try smaller company.
x
Smaller companies
have a tendancy to have this problem because some of them tie payment to contractors to payment by their client. This is OK IF it's discussed up front and agreed to by all parties.

Frankly, any company that can't cover $200 payment has no business hiring people of any status (employee/IC).

These companies don't seem to realize, or care? just how critical it is to be paid on time, consistently.


How about going for the smaller ones that don't test at all but pay well :) sm
They are there. You just have to look!
What about starting a little smaller, like the op-ed
The larger a paper you can get your piece accepted by, the better the chance that one of the TV shows might pick it up. Remember, it's not just about MT... our problem is just the tip of the iceberg when it comes to America selling itself and it's workers to the lowest bidder. Telling the nation about MTSO lies, scams, bait-and-switch hiring tactics, and sweatshop working conditions would be a very good way for the media to illustrate the SYMPTOMS of a much larger and more pervasive problem.
thinking about selling my transcription service
 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.
Proscript does not offshore - one of their selling points. nm
x
Speaking of selling QT to the Indian company. NM
xx
I say be aggressive... You are selling your services and need to let them know you are confident
I just accepted a position after turning down 3 because they were not exactly what I wanted.  If you are pateint and know exactly what you want, you can usually get it, (unless of course you want to transcribe for a doctor who speaks clear english, spells the hard words, talks really slow, but not too slow, and acutally realizes you are on the other side of the earphones ----- I can dream can't I??)
Politicians get money for selling us down river. How
x
The companies are selling America out we're
xx
Depends if it involves selling, bothering - sm
all your friends, family, friends of friends, etc. then NO. It is is something that is done at home or in an office w/o cold calls, etc., again no selling, then yes. My neighbor got sucked into a demo of that cookware that is so great but super expensive, something in the base, forget the name, needless to say she did not get into it, it was crazy what they expected you to do and foot the bill for as well. -- Personally I hate selling and obviously do not have an apptitude or attitude for it.
10.75 cpl National; 11 cpl smaller MTSO. 25 yrs exp. nm
x
I have a question.. are smaller transcription

I've just been wondering this because I made the switch last fall from a national to a smaller place, kept a 99-100% accuracy with a national, but never feel good enough for the small one.


Thanks,


Kel


 


What does one consider a smaller company, 100 MTs, 150 or a lot less? Just curious so I know where
to look.
Smaller company? Not me! Heartland was a
shocker to me!! No thanks! Smaller to me means easier to put on idle status - or lay off!
I don't agree -- some of the smaller great sm

companies find you from your resume.  I recently had an offer and accepted a postion with a very small MTSO who saw my resume.  If she posted an ad, she'd probably be inundated with tons of resumes, if you can believe what everyone says here on the boards about the amount of responses.  Instead, she looks at the qualifications and contacts those who meet her requirements.   I suppose if you are currently in a position and afraid to have your employer know you are looking, it could be a sticky situation, but ...... use a different email addy and/or a different ID of some type until you find out.  


Bottom line ..... I never say never :-)   I feel very fortunate to have fallen into the situation I am in -- a great small MTSO with great accounts,  who cares about helping you achieve whatever you want to achieve. 


 


Is Keystrokes smaller than TransTech?
Do they have more MT's than Transtech out of Houston?
You may have to search smaller companies
and look for a few IC jobs.  Smaller companies have doctor office transcription and also will assign 2-3 docs.  It seems to me that the larger nationals are the ones requiring you do acute care first and foremost, but these are the companies with the larger hospital accounts.  Keep checking the job seeker's board for smaller companies. 
Another nat'l (smaller sized) just announced they
are going to voice recognition very soon.  Pay now 3-4 CPL.  I quit MQ for this.  I could cry.
I can't paint worth a you-know-what but I'm in on that Caribbean crap selling gig ... let's
n/m
Sounds like one of the smaller, new services out there...hmmm...nm
s
The larger companies are squeezing out the smaller ones, so they
probably do have 3 new hospitals starting. I have been letting my accounts fade out naturally, not renewing them when contracts come due, not replacing people that quit, etc. I am down to 3 of us, and will be looking to work for a national soon. No more headaches, no more worries about keeping hospitals happy, no more worrying about the financial well-being of my employees. I am done kaput. Finished as an MTSO.

Who do you think will still be around? I am looking at Medware, Execuscribe, Keystrokes, SilentType, Cymed and MDI-MD. Any others? Do you think these will be around and survive? I lost two accounts to Keystrokes and one to Silent Type. Neither was cheaper but the hospitals all felt they were bigger so better. What's up with that?
The smaller companies just can't afford the health
00
I wonder if those places ABC was talking about selling bulk identity theft...
information online with the internet could be getting the information from health records overseas. The identity theft is sold in bulk to bidders on the internet from overseas. ABC I think had a special on it but never did identify where all of this information was gleaned. Something to consider I guess
That's good news. I love Keystrokes, and I hate to think of them selling. sm
The people are great, and I truly feel that I have finally found a home.  Still, business is business.  I have a friend who has been with Transcend for years and is very happy there, but I want no part of it.  I plan on working until I'm 70, so I'm crossing my fingers that the bottom does fall out for me before then. 
Can I make the font smaller on this board? Some text is being cut off because it's too big on
nm
Are TransHealth or Medware considered big nationals or smaller
companies?  I'm having trouble sifting through some of these companies and trying to find the smaller ones. Thanks. 
You mentioned smaller companies, but MQ is the largest, so do you think thousands will be let go?
x
Yep, it's for selling some kind of health supplements from home, like an Amway organization. nm
s
InterPro Medical...Hope this doesn't appear to be selling soul to devil.... but
I am seriously considering working for InterPro (a company owned by India that outsources).  Never thought I would, but I see they have BCBS insurance which starts in 30 days of employment, and other good benefits.   I am a diabetic with hypertension and paying almost $400.00 a month for Cobra health insurance, which will expire soon, thus will be left uninsured.  I've tried getting individual insurance, but no one will ensure because of my health problems.   Can anyone give me some specs on InterPro, i.e. current employees, etc.., or any other companies where insurance goes in effect 30 days of employment.

Keystrokes is not for sale at this time, and there are no plans for selling in the foreseeable futu
This is a rumor started by someone for absolutely no reason. There are a few companies out there who have approached Keystrokes about selling and have been turned down. A few have been very agressive and do not like to hear the word no.

The company has been growing steadily for the past 10 years and has agressive growth plans in place for the next 5 years.

If you have any questions, contact one of the owners or member of the management team directly. They will answer your questions.

This is just another example of someone trying to stir the pot.

Not every company is for sale, at any price. Although that may change in the future for the owners of Keystrokes, right now they enjoy growing the company and improving on what they have built. It will be several years before the idea of selling would be entertained.
If you want big, move to Philly (3.6 mil); or on a smaller scale, the surrounding suburbs where
you can live as if in the country, but only be minutes away from all the action. Philly really does have it all.