Larger squeeze. .
Posted By: Grapenut on 2006-03-25
In Reply to: The larger companies are squeezing out the smaller ones, so they - soon-to-be ex-MTSO
Since medical care is 24% of our gross domestic product (1.9 trillion)and electronic charts has been made law, a small MTSO could not pay for a VR machine or an $80,000 dictation retrieval system. Smaller is better, but bottom line always speaks. 1000 lines a day is achievable working in one hospital, familiarity, normals. Unfortunately that standard carried over to MTSOs, with MTs transcribing eight accounts at the same time. No money!! Pay for your own computer, $$high-speed internet and/or phone line. Unachievable benefits based on production. What a deal!
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Cannot squeeze blood out of a turnup. nm
I have no main squeeze companies and Transcription Matchmaker isn't even a sponsor
so I cannot see how you justify that I show any kind of favoritism to that company. You are grasping at straws to put down this site.
What better/larger companies?
I have noticed that all of the better/larger companies that everyone talks about are all going offshore. Spheris is already there and so is MQ. We need to stick together on keeping our MTSOs HOME where they belong!!! If they want to send work offshore, let those MTs from there transcribe their own medical reports!!!!!!!!!
I would imagine all the larger ones do, whether
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I keep my font at 100% (not larger), and I also have to
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...and Easter. Wonder if any of the larger ones do this? nm
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Larger companies are doing this...........
I have become very angry when my husband has told me this is happening, as I too believe it is nothing more than age discrimination, BUT on the other hand, there are younger employees who have major medical situations and any company's insurance could be greatly affected by this.
Most of this is practiced by companies who pay high range salaries. I believe they are checking to make sure if they put that kind of money into an employee, that employee will be around for the long haul so to speak and not out sick all the time....
Either way, if all the hooplah about discrimination against handicapped, gender, etc. is out there, why would this even be legal. It obviously is legal but I really don't understand why it hasn't been brought up in an age discrimination case myself. The employer can always just say that candidate didn't fit the bill and it had nothing to do with their health but of course, companies used to say the same thing about race and sex, so who knows!!
There is a new, larger account coming on in Dec. (sm)
I would imagine they are hiring in anticipation of that. Work flows vary anywhere, but these people go out of their way to try and keep us all in work on a steady basis. Benefits good, you are treated well by management, pay on time, accounts pretty good, platform is such that you can actually make money.
Ups and downs are the name of the game, but I would highly suggest you at least talk to them. Hiring on with them was one of the best things I ever did for myself. I will ride the waves of feast and famine gladly with this company.
Opinion: Small company vs. larger one?
Just looking for opinions on the positive side and/or negative side of a small company vs. a larger one. Help me out here....please!
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?
Correction: They owned the other one and built this which one which is much larger. sm
I just read this in one of the magazines and asked my lead if they were moving far. She said it is literally across the parking lot from a small office to a huge building, taking on the whole building. I am thrilled to be part of a growing company instead of the sinking ship I was on!!!
I'd be afraid to jump from a larger company to a
Sometimes these smaller companies seem great, but then the contracts run out and they lose accounts. Also, the smaller companies do not offer as many benefits. Don't feel left out. All of these people going to Keystrokes could be in for a rude awakening and then have to go back to MQ. JMO.
I think they are making a much larger profit on the backs of MTs...
Think about it. Do you think it is costing the clients any less for their transcription. How would they even know it was VR? If the MTSO charges the same, they are making more money (half of what they used to pay the MT).
The requirement is 50% participation. It is actually harder for a larger company sm
than a small company if they are national to get good rates. Once in, they will have it easy after that. I dealt with it personally for another company and it was a nightmare. Insurance is crazy and once national, it is harder to get the insurance. They should have gone with BC/BS when smaller but chose Unicare for some reason. Now they are regretting it.
Most larger companies do not close for holidays, this is a 24 houra day/365 day a year job. (nm)
x
This hospital started in July after WX lost another, larger acct.
Currently, the acct is always out of work. Perhaps they will be sending more work WX's way now.
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