Don't you think it's strange that they were bought by Transcend but still call themselves MDI?
Posted By: SkepticalSally on 2006-05-09
In Reply to: Info on MDI - typingmom
When you talk to them, it is MDI this, MDI that, but when you ask about Transcend it become Transcend this, Transcend that. I know that Transcend has contacted a lot of companies and seems to be the next MQ in terms of gobbling up companies. Who's next?
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- Info on MDI - typingmom
- Don't you think it's strange that they were bought by Transcend but still call themselves MDI? - SkepticalSally
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Transcend bought MDI, so if Transcend sends work offshore, so does MDI. nm
nm
Good and Bad - some gifts bought/missed WMX benefits call (sm)
Of course I procrastinated to attend the call on my day off, then off I went with my daughter shopping.
Did I miss anything much other than explanation of health plans? Is there a web site they referred to you? Should I call HR and admit I am a moron?
TIA
I believe Transcend bought MDI?
s
Do you think that MDI is the same since they were bought by Transcend? sm
I have thought of going back (left a few years ago and took a few years off after having twins nine months after another baby) but I am worried about that. I have a friend who works there and she is complaining a lot, but she tends to be a complainer so I am not sure what to do.
I also was on clinic notes and prefer radiology. Maybe they are doing more rad. I do remember seeing that they were paying a sign-on bonus.
I am just looking for some answers before I make the wrong move.
There is only one MDI now (MDI-MD). The other MDI in FL was bought by Transcend. nm
x
They were bought by Transcend. nm
Transcend bought MDI-Florida....sm
I haven't heard of MDI in Georgia.
No communication. They were bought out by Transcend and it has sm
not been good. I used to love working there but now hate every minute of it. I think that they sold out.
Unfortunately. Transcend bought MDI Florida and now it is as
bad as Transcend. Was the best company out there when it was a smaller privately owned company and Liz was in charge.
MDI-MD? Weren't they bought by Transcend?
x
Transcend bought MDI for 16 million. sm
So I guess they have to make some of that money back. I am pretty discouraged too as I have heard absolutely nothing from Transcend about what my pay is going to be. Guess does not look too good right now since they cut pay for their existing employees. Never been able to get a straight answer about the range of what I will be making, so assuming that means it will be low.
Transcend BOUGHT MDI, you make it sound like
MDI is actually running Transcend. Liz is expendable if she does not do her job. Liz et AL might own stock in Transcend, but I doubt that they own the controlling interest.
However, neither company has the MT's best interest at heart. They are paying to have dictation by easy dictators done by voice recognition and making sure the rest of us are left with the horrible dictators they have on most of their accounts. I used to think JLG had the lock on bad dictators, but MDI and Transcend have made JLG look good.
Which is it? No changes since bought by Transcend or lots of changes? It seems that every time sm
someone says that there have been a lot of changes, someone comes on and says there have been no changes. Is this one person saying this? Obviously there have been changes, there would have to be with a new owner.
Transcend Services bought MDI for $16.2 million.
I didnt realize it was that much! No wonder they feel no loyalty to their old MT's! ,,,everybody has a price I guess.
The $16.2 million purchase price consists of $10.2 million in cash payable at closing (less any existing indebtedness assumed and plus or minus certain working capital and tax-related adjustments), $2.0 million in cash payable after receipt of interim financial statements and audited financial statements for the last two fiscal years, a $2.0 million note payable to the selling shareholder due one year after closing, and $2.0 million of Transcend common stock (119,940 shares). The initial cash portion of the purchase price is expected to be funded using a combination of cash on hand and up to $7.0 million in bank term debt.
Larry Gerdes, Chief Executive Officer of Transcend, said, MDI's strong presence in the mid-Atlantic region significantly expands Transcend's national footprint. We are confident that MDI's culture of excellence and total commitment to customers and employees will help ensure the success of this transaction. We look forward to working together to integrate our operations over the next several months.
I recognized that we needed a larger partner to achieve our long-term growth objectives, said MDI Chief Executive Officer Dorothy Fitzgerald. A critical concern for me was to find a partner that recognized MDI's potential and was committed to providing excellent customer service. I am convinced that Transcend is the best partner for MDI, its employees and customers.
Sue McGrogan, Transcend's President and Chief Operating Officer added, I have known Dorothy Fitzgerald for years. Like me, Dorothy is committed to outstanding customer service, which is reflected in her high customer retention rates. In her new role, Dorothy will be President of our MDI subsidiary. She will report to Leo Cooper, Executive Vice President of Sales and Marketing, in order to focus on driving future growth, particularly in the mid-Atlantic region.
http://localtechwire.com/business/local_tech_wire/news/blogpost/5878284/
What did you expect when Transcend, the leader in overstaffing, bought them?
x
I worked for a lady's service who was bought out by Transcend
a few years ago and they offered her a position in the home office. She sold, had the job for a few months and then she was terminated. I know for a fact that Transcend said in a paper article in the Atlanta Journal and Constitution that they outsourced because could not find enough American MTs to do the work. Now what I find surprising is how many complain on here about sitting and waking for work for Transcend. Wonder how that happens?
When Transcend bought the company I worked for we were told they did not do IC, just PT/FT... sm
so this is news to me! Maybe they allow different things for different companies they buy. I also understood a little while after the merger that all accounts would move over to their platforms, but now I am reading that maybe not all of them did with other mergers. I am sorry you all are going through this! I remember how it was thrown on us so quickly too.
Focus bought by Nuance/Dictaphone, DRC bought by Acusis. nm
s
LOL! Is IS a very strange company run by very strange people. I have had that
very thought before and it made me laugh to see you refer to it as strange, too. Thank goodness it's not just me!
Good luck Candy!
*Strange*; nothign strange about it.
Yes, call waiting works. I also have call forwarding from my home line
NM
You can call it greed, I call it feeling like
I am back in the 80s with the money I am pulling in. SS, retirement check and my paycheck, cha-ching. Not planning on taking it with me, never. Love to travel and have 4 places planned for this year. High maintenance lady here. Ta-Ta.
Strange
That's strange, I received an e-mail from someone from this board about scoping, thought it was you  . And, I replied to that person, who knows who I talked to (and if she received it LOL).
How strange
Can you tell me who contacted you? I just thought it was strange that they sent me a contract without having me test first.
That is strange!
Where do you work? Are you employee, statutory or IC?
Strange
That does seem very strange. I'll have to poke around. I don't really even know of any other MT boards!
That is strange because they were
Maybe they are overstaffed....
What do you mean? Seems like strange
xx
Something strange is going on!
I just signed on this morning and there was nothing to do. I e-mailed the CEO and it will be interesting. I am almost positive that the account I have been working on has been gone, but why have they not told me? Are they embarrassed? The only e-mail I got this week was that work is very slow and that they hope to be getting back up to speed. I was not told that I was let go, fired, etc. You would think a company would at least tell their MTs if their account was taken away. I've been sitting here for 8 days with absolutely nothing to do. Very strange.......
Something strange going on with this
I was contacted by a woman who seemed knowledgeable about the cardiology accounts - I told her I was very interested. She wanted me to email my bank account information for direct deposit without any documents i needed to sign. I told her I was uncomfortable doing that with just her email address and the phone # I had did not even state her name, just the phone number. I told her I would email her to see if she received my email (not my personal information), she did not email me back. I called the # she gave me and left a message to email me and never heard back from her. She had told me my resume was forwarded from Cardioscribe. I emailed Cardioscribe to ask about this person and have not heard back from them. This is really scary.
It is strange. I know when I run out SM
on a weekend or at night I can call the help desk and get another account to work on. The last time I truly ran out of work was Christmas last year.
That's strange because I
didn't need anything special for the platform. You're talking about apex right? I think it's just online and connected to their server in there office. It doesn't have anything to do with using Word.
It IS strange. sm
If the person supposedly got paid everything they were owed before, how did they manage to be owed another $5000 in a month? If one was supposedly owed $12,000 from this MTSO and they got their money, why would they still work for this MTSO?
Yes, very strange
About a month ago, I sent in my resume and was set up for their testing. I tested for them and got a call. They told me I did well on their acute care test and they just wanted me to test on their clinic test. Did that. Didn't hear anything and I sent two e-mail letters letting them know I completed their testing, which was about 2 weeks ago and haven't heard anything from them since!
Very strange, that's where I'm looking.
Nevertheless, there's no need for dark side to be so mean.
Lots of nasty on the board today, must have been a bad Monday.
Strange
They not only require calendars from us as to what days we will work but also that they be 60 days in advance. You can imagine what this does to any social and/or family life. I did not mind that as long as I could earn a living, but the last four months have been pitiful. What I want to know is where did the work go? Are we just supposed to keep checking every hour for 12-20 hours a day? This isn't working for me at all.
very strange
that you can't use any of your editing tools on the VR reports. The company I work for encouraged expanders, etc. They want you to edit these reports as quick as you can to keep TAT. The more you produce, the more money they make.
I know the pay is less, but you will be able to produce more lines than with straight typing. Maybe not to starting off, but you will after you get use to it.
I don't VR is going anywhere soon. MTSOs will do whatever is needed to get accounts.
Here's my strange experience
I had a recruiter from a company (initials PS) tell me on a second interview that she wasn't going to hire me because I asked too many questions. Same recruiter swore that this company didn't offshore. I ended up getting the job but wish I would have paid attention to the red flags and run the other way.
I think it sounds strange but it is a way to
No telling how far I will go. I know that Florence has been pushing this and she wants me to work with her which I am honored to do. I really hate to say this here but it does look like I am going to be replacing one QA and there are two more. I feel a little uncomfortable but at least I will have a long happy career in QA at OSI. I am very greatful for that.
How strange. I just got through posting
and they called!LOL! They told me they would be calling me back at the end of the week. Wish I could wait that long. Oh well.
That is pretty strange...
that with your years of experience Axo offered you 7 cents!! I have 10 years total MT experience and they offered me 9.5 to start and said after 30 days they would review and possibly bump it up to 10...
That is the thing that really irks me about this transcription business. There really isn't any standard as far as pay goes and it seems you just have to get lucky to get a good line rate....I've had other places offer me anywhere from 6 cents up. No way I am working for 6 cents... 
They have a very strange pay scale and no one
can quite figure it out. Very hard to get lines, unable to make any money. Lots of turnover. They are also currently training women in Trinidad to be MTs so it is only a matter of time before the jobs follow.
Not strange... using keystrokes... sm
I work for a company who computes pay by Keystrokes (not the company Keystrokes, that's different). For example, the average range when I started working there was about 0.0014 - 0.0016 per keystroke. Now, this is easier than it sounds... It's based on a 65-character line, just like most places - counting spaces, etc. If you multiply 0.0014 x 65 - that equals about 9.1 cents a line, which isn't shabby pay. If you do 65,000 keystrokes that day, that's 1000 lines (65,000 keystrokes divided by 65 is 1000) that's $91 dollars a day. If your daily quota is reasonable, you could be making some nice money. Hope this helps.
So you take what you were offered, and, depending on quotas for keystrokes during the pay period
Well, I think you are right and it is strange that no one can figure it out. I am also considering
not working for anymore companies that use it. I think I lose about 75 lph at least. That adds up especially at todays rates or MTs.
That's strange because I was making
I did not have to test, and even though I was not too keen on the VR, I still thought the communication was good. The training was a little much since there were five trainees, and one that was not so bright taking up a lot of time when I could already tell she would never last. Oh well, so much for that. I think they are all the same really, the nationals that is. You are basically just a number. Go with a smaller company if you're looking to be stroked all day, and doted over.
That's strange. A few weeks ago someone
and sold it all off as it was taking a full-time person to maintain equipment. Oh well, I guess I shouldn't believe everything I read on this board.
I just think it is kind of strange that
inquiries? Do they not have other employees? It seems that only two posters pretty much reply, which one is you (Jo), and the other is KSMT.... Just think this is kind of strange. Are you to PR for keystrokes? Hmmmm?
Strange account
Oh yeah, I tested for them too. I have a lot of ortho experience but the sound was sooooo bad and the dictator so awful I didn't even finish the test. Good thing!
I find it very strange.
x
What is strange to me, are posters who use a reg.
x
Sounds strange....
Sounds like one of those crazy people who want to try and attack your computer with a virus....
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