Believe me, one can make decent money at TransTech.
Posted By: celestialmls on 2006-11-24
In Reply to: I had the same impression. Plus their line rate and incentive sm - jj
There is plenty of work and I don't think the incentive plan is low at all. A good MLS should have no problem hitting the first tier and the QA incentive should be automatic. The starting line rate is also one of the best I had run across. I'm not trying to convince anyone to come to TT, its not a good fit for everyone, just wanted to share my experience. If one is getting a negative vibe about a company, I don't blame them for not wanting to give them a try.
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Are you able to make decent money? I don't mind editing either...
.
can you make decent money straight typing for .08 cpl?
with Expanders for low ESL docs?
Any of the former or current employees, can you make decent money there?
Thanks
Transtech VR -- Can't make the same money IF you are accustomed to using a
lot of expanders/briefs, because you will be constantly deleting and retyping in stuff, rather than getting to expand a word/words. Definitely not the same money. Why do you think all these companies are going to VR? To put more money in the MT's pockets? NOT
Thanks. Can you make any decent pay with them and are the accounts decent. What is your feeling
that. Thank you.
Amherst so we make less money and they get more money for MQ and bigger bonuses. Our guidelines came
from Amherst.
I'm glad you are getting decent money
but I'm really hurt by this. I feel used now. 
Like I said before...you start making decent money
and they find a way to keep your line count down. After 8 years of this BS, I'm looking outside of transcription.
yep, gotta spend money to make money. NM
.
Any Wedmedx'ers out there. How anyone made decent money with them and how is their platform?
Thinking of applying but would like the skinny on if you can make any money with them.
Just wondering if the platform is productive and if the money made is decent.
I have worked on too many platforms where you really struggled to get a good line count and make decent money. I'm just curious how easy it is to get lines on their platform.
I doubt you will make enough money in 5 hours a week to make
nm
You can make a decent salary but
you have to have good platform and not a lot of people training. I did 750 the first hour today, times that by 4 and see what it came up to.
Some make a decent check
so you cannot lump all together.
I might add that I make a decent hourly rate doing
QA, but I really earned excellent money doing MT. I cannot complain about my hourly QA rate at all. I earn more than many I know working hourly.
How can anybody make a decent line count there
I couldn't
You are being hypothetical while we are trying to find a co. where we can make a decent living,,,,nm
:+
if your platform is decent at OSI and you make line count....
nm
I have an easy account and make a decent living.
And while you are at it, TT Management,
BITE ME!!! You were fools to file this lawsuit. $294.50 to lose all credibility in the MT World. Sad, truly sad...
And many thought you were one of the good guys.
Can an MT make a decent living earning 7 cents per line
Just thought I would add my 2 cents worth. It would be great to be paid 10-11-12-13 cents per line (as an employee not IC), but that is not a reality in this job market. Yes, MTs will take jobs that pay 7 cents per line, but that MTSO is not necessarily underpaying or demeaning the MTs that work for them.
Bottom line is that you have to do your homework because, yes, there are people who can make a living on 7 cents a line and will take those jobs. It really depends on your skills and how dedicated you are to making your maximum possible lines per hour. The MTSO that is offering only 7 cents a line but has easy dictators can actually pay you more per check if you type more lines per hour than an MTSO that is offering 10 cents a line but has horrible quality, ESL dictators, nasty QA, etc and you can barely type 100 lines an hour because of it.
MY TIP: When you interview, ask what the approximate minimum and maximum lines per hour that the other MTs that are doing EXACTLY the same accounts that you are going to be doing are achieving per hour/day/pay period. If the recruiter/MTSO will not tell you that information, you probably don’t want to work there anyway so just terminate the interview before wasting any more of your time. The slowest MTs are probably new and the ones achieving 200-250-300 lines per hour have been there a long time and know the account(s) forwards and backwards. If you plan to make that MTSO a long-term employer, you will have a pretty good idea of what you can potentially achieve if you stay there long enough. Don’t let them tell you the “average” of all the MTs that work for the company or what their perfect employee Suzie Q types. We all know every account is different, so Suzie Q who just started last week and is already doing 150 lines per hour may have easier accounts than the one you are going to be working on, so that is not very representative of what your account(s) is really going to be like. Ask specifically about the accounts you will be assigned to and don’t let them distract you. Again, if they don’t want to tell you, terminate the interview.
According to the US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, in 2004 !!!, the MEDIAN hourly earnings for a Medical Transcriptionist (probably mostly hospital and office based) in May of 2004, was $13.64 an hour.
Just for reference, it seems like most MTSOs have a 6000 lines per week minimum production standard which is about 150 line per hour (40 hour week) on average for full-time MTs.
· If you are being paid 7 cents per line, you are making a minimum of (150 x 0.07) = $10.50 per hour.
· If you are being paid 8 cents per line, you are making a minimum of (150 x 0.08) = $12.00 per hour.
· If you are being paid 9 cents per line, you are making a minimum of (150 x 0.09) = $13.50 per hour.
· If you are being paid 10 cents per line, you are making a minimum of (150 x 0.10) = $15.00 per hour.
If you are one of the highly trained experienced MT and type 200 lines per hour on average, you are even better off.
· If you are being paid 7 cents per line, you are making a minimum of (200 x 0.07) = $14.00 per hour.
· If you are being paid 8 cents per line, you are making a minimum of (200 x 0.08) = $16.00 per hour.
· If you are being paid 9 cents per line, you are making a minimum of (200 x 0.09) = $18.00 per hour.
· If you are being paid 10 cents per line, you are making a minimum of (200 x 0.10) = $20.00 per hour.
The median hourly earnings in 2004 was $13.64 per hour. That was almost 4 years ago. With a minimal 2% per year cost of living/inflation increase, by 2008 the median hourly earning should be about $14.76 per hour.
2004 --------- $13.64
2005 x 2% = $13.91
2006 x 2% = $14.19
2007 x 2% = $14.47
2008 x 2% = $14.76
So, in my humble opinion, if you are an experienced MT with 5 or more years of experience, when you call that MTSO offering 7 cents per line the accounts you will be assigned to should be easy enough so that you can make an average of 210 lines per hour within a relatively short period of time. If they say their experienced MTs are only doing 175 to 200 lines per hour on average, that MTSO is drastically underpaying their experienced MTs and it is time for you to move on. If they say their MTs are averaging 250 to 300 lines per hour, then that MTSO may be worth looking into further, even if their starting wage is lower than what you originally thought you should be getting paid.
I think if WE ALL start doing this, the MTSOs will start to figure out that we are not going to work for companies that underpay our skills and experience. If enough experienced MTs hang up on these companies, eventually they will figure out that the recruiters/supervisors need to be more honest with us regarding their pay structure and the difficulty of their accounts.
Some food for thought !!
More information from the US Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook:
Medical transcriptionists had median hourly earnings of $13.64 in May 2004. The middle 50 percent earned between $11.50 and $16.32. The lowest 10 percent earned less than $9.67, and the highest 10 percent earned more than $19.11. Median hourly earnings in the industries employing the largest numbers of medical transcriptionists in May 2004 were:
General medical and surgical hospitals |
$13.83 |
Offices of physicians |
13.40 |
Business support services |
13.40 |
If you want more information, check out the US Department of Labor, Bureau of Labor Statistics web page for Medical Transcriptionist.
http://www.bls.gov/oco/ocos271.htm
You won't be able to make any money there.
Especially if you have to enter ALL of the patient info.
MAKE MONEY ?
How on earth can anybody make a decent pay with this editing crap?? It is not user-friendly...it is slow and they pay is even more crapier !
Can you make any money?
Hi all,
Just wondering if if is possible to make much money doing transcription for these companies at home. I just started with one and they are very nice, professional, etc. etc., however I feel I am moving along at quite a good pace and am just making a little over $10 an hour. I was hoping for more like $25. Is it possible anywhere? Let me know what the average pay is?
I wish I would get more OPS, always make more money with them.
nm
I think MTs believe NO ONE should make money but them!
If no profit is to be made, no one will be in business - whether it is a small MTSO, an MT on her own, or a national. Heck, even a hospital will close if it isn't making profit!
Business is to make money. Competition is so high for companies/MTSOs. It's not the MTSOs fault, is it? No. They have a right to make a profit for their work.
I'm like you: I don't agree with everything going on in the profession but I am very happy with my work and always have been. I can accept the things that I cannot change. Otherwise, if I am unhappy, I move on. No sense sitting around being glib about something you have every opportunity to change.
Sometimes you make LESS money
Because of having rounded experience, you sometimes get all the crap/scrap work.
How do you make money like this?
Are most of the reports full listens? Does it balance out with lots of reports with only 1 or 2 blanks? I'm considering an offer and need to know if I can make any money with Focus on escription?
How do you make money on VR?
Please tell me how to make $50 an hour with Escription. I need to be making more than 7cpl. My husband can't work so I have to take care of my kids. Please email me any info on how to make money on Escription. Thanks so much
At TT, can I really make as much money with VR
nm
make more money at Wal-Mart
and they give you a piece of the company
lol
Etransplus--can you make money there
Does anyone know about etransplus. Upon until now the feedback I have gotten has been pretty good looking through the posts. I was really taken aback by the amount of styles they have. Wow, what a change for me. I know I can get used to it, but I know I'm going to probably take some time. How do their line counts jive with a character count line? I really liked the fact that they offered insurance for 900 lines a day. That is great. I hope I can bang out the lines!
At Spheris, if you want to make more money
you have to go to a higher level account, period.
That is the only fair way to do this, in my opinion.
so why not buy a few shares and make money off them anyway?
x
I make great money there
I do not do radiology, but ER and basic 4, and I make 10 cpl, have tons of work, and make a great living there. That is just my own experience. Others may have had different experiences there.
You can make a lot more money than that at home
NO MSG
MT's often make more money than managers too
.
hard to make money
One account has a rotten platform that doesn't work half the time and has a long record of miscounting lines. Just about everything is 100% listen which makes it even harder to make money by the line. Big turnover in account managers lately so expect to work for phone clerks and HR clerks who have been promoted to account manager (cheaper that way) and people who have no acute care experience whatsoever. You've probably already been told there is no holiday pay, the vacation time sucks, and the insurance is horrible. If you just need editing experience to move on, that that's the place.
i make more money at home but
you must be disciplined to sit and not get distracted. There are a lot of distractions at home.. I do know I save a lot of money not using my car.
And that might just explain why MTs can't make any money. nm
x
I beg to differ, I make more money on VR sm
than regular transcription now.
Me too. You work, you make money. SM
You work well, you make more money. You work smart, you make more money. You work long, you make more money. You work hard, you make more money. The key word all else depends on isn't zone, it's work.
Gosh you can make a lot more money in QA
:)
Could you expand on that? Why can't you make any money with it?
x
make better money coding...sm
I do earn more money coding, mainly because it is hourly pay (so no fluctuations like you get with line counts) and the value of the benefits. I do think there are coding jobs which are much less stressful than where I work. Actually, I think most of them are. Our facility is huge, actually has it's own little city, with 3 hospitals, one with a level 1 trauma center which is shared with a children's hospital, 150-some clinics, an eye institute, and a cancer center plus is a teaching facility so we do the coding for the college facilities. Most coding jobs in my area (midwest) are working from home. Our benefits include health, dental, life, disability and vision insurance, FSA and HSA accounts, tuition reimbursement, AHIMA membership paid, 403B match, 4.6 hours of earned vacation and 1.8 hours of sick time per pay period (2 weeks) so they're pretty good. I do know coders in other facilities around here who do not have the same stressful conditions which we have and who love their jobs. Much of it is due to size and our remote management. I used to work at a smaller hospital and really liked coding there. I left when my daughter became ill and needed me home. I ended up at the facility I am with now because they were one of the few places who did have home coding available at the time that i started. Now I just think I am too darned old to start over someplace else and give up my seniority, vacation accrual, etc., so I will stick it out until I can retire. So it's my own fault I'm miserable 'cuz I don't make the change! If you go into coding, I hope you get to be one of the people who does love it and would venture a guess you would not find the stress level to be what ours is unless you work for one of the largest of facilities.
I couldn't make any money with them
for pretty much the same reason -- and I usually do pretty well with ESL dictators, but combined with the dictation quality it was rough. I think they started at 0.0875 per line, with maybe more per line depending on how many lines you produced. I don't remember for sure about that though.
Used to make good money
My income has dropped by $20,000 in the past 2 years working at Spheris, and from what I understand new hires get paid even less.
I asked for and make no money with the
rescue group. I do not file on any taxes, I did not incorporate it, my only thing is to be able to interact with the animals and rescue from otherwise the animals being put down. I did not go into for the money. If others make money off of it, that is up to them. I only finance.
I do VR and love it and yes you can make money but
you need a good platform to be able to do it. I work on Escription, possibly the best according to others who work on it also. I make 4 cents a line,the biggest percentage of my work day is VR but also have some straight thrown in. I do NOT use any keys to help me. I have done MTing now over 30+ years, no newbie here and fast speed of 120+. I usually average over $20 per hour. I am very familiar with my acct (same hospital job now for 19 years), hold my pedal down and fast forward as much as humanly possible and really like it much better than straight anymore. No secret on my end, just able to edit fast and yes, I do read each and every word and do not just let the work go through in order to make what I would consider decent money.
I never said I didn't make money being an MT. sm
I simply was exploring what would happen when a manager was informed they would take home half their pay in October. I don't know if I'll make money when my pay is cut. Will you when yours is cut?
Kudos for the rolling eyes, I wouldn't have thought of that.
Is there good money to be made at Transtech? nm
nm
I would rather work on 1 account and make more money, than 5 different ones! No thanks. sm
I think their new program absolutely sucks and there are a heck of a lot of people who say the sound quality is horrendous. I wasn't sticking around to find out. I made my decision as soon as I saw what it was about and knew it would slow me way down. Hey, to each their own. If you like it, fine. I am happy about my decision and glad I did it.
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