MDI-MD? Weren't they bought by Transcend?
Posted By: CardMT on 2008-08-28
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Transcend bought MDI, so if Transcend sends work offshore, so does MDI. nm
nm
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
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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.
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.
Don't you think it's strange that they were bought by Transcend but still call themselves MDI?
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?
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?
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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
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You weren't there, you don't know..
.
Then you weren't there for the last pay period which should be DD on the 5th and was not done unt
x
And like I said, if you weren't typing SM
the stuff, they'd have nothing to come back to you with. And how did they get angry with you anyway? Did you respond to their feedback with negativity and not take responsibility for knowing your account or the basics of transcription?
From knowing many people with your type of attitude over the years, 9 times out of 10 they are people who have the same problems at every job, don't take feedback well, think they are right all of the time and just generally cause problems. Instead of taking responsibility for your part in doing a job, you lay blame on your supervisors, other employees, etc.
They weren't even bad. I don't know why they were deleted sm
unless the name-calling started again. That is the only reason they are deleted. I wish they would've stayed as there was a lot of information from both the company and others and none of it really ugly unless someone blew it as usual.
They weren't very structured when I was there. SM
They pay okay, around 10 cents a line, but no benefits, no taxes taken out, no direct deposit, so that brings it down to about 6 cents a line. If you want your check overnighted, you pay about $25 or $30 for that. Otherwise it gets mailed and take a chance on when you get it. Even having it overnighted does not always work. I had three or four instances when my check was lost, twice for weeks at a time. I'll stick with the more MT friendly companies who manage to pay 9 and 10 cents a line and still give full benefits and direct deposit. I don't mind working a weekend day now and then.
Heard they weren't less than 8 cpl.
Oh, I'm sure they weren't! But what I meant was, (sm)
not that we be contacted before the sale, but after. We sure haven't been getting any reassurance, here.
There weren't a lot of us left (sm)
I think there were a couple of accounts and we were waiting on some bids to come through but capital-wise apparently they could not keep operating waiting on potential accounts so decision was made to close.
I think we all knew it was potentially coming, just surprised that it happened so quickly. I have no hard feelings, but am nervous about finding new work as I have little experience looking for a job!
weren't they saying last year during
transcriptionists? It was part of some contest or something. Maybe that was a few years ago.
now I know you weren't talking to ME right?
/
postings about them is that they weren't getting paid. nt
Who are you talking to. I did not say you weren't! Respond where you are
supposed to
They weren't rude with me, but a little disorganized and
not looking out for my best interests, but the interests of their client, which I guess is the way it should be since the client is paying for their services. As far as I know there are 2 women that run this company, I have not talked with the owner and maybe she was the one rude, but the woman I dealt with was not rude, just a little dingy and maybe not 100% truthful about the company that she was recommending. All TM did though was screen me and then I still had to go through the testing/interview process with the company. I had had contact with the referred company previously and had even been offered a position with them, which I turned down. The pay rate offered to me by TM and the pay rate offered to me by the company were the same. I declined referral to the company, being that I had already declined an offer from them and I never heard from TM again.
This is the price of doing business. If there weren't
something in it for you, you wouldn't be doing it - whether it be money, ego, prestinge, etc.
I was hoping they weren't liars. sm
What a concept eh to think companies actually tell the truth once in a while. I was hoping they would make good on their promise. I have spent a lot of time making templates and such and did not want to start all over again. OK, I get it now. I told them I would not do anymore work until they sorted this out but I am looking elsewhere. Thanks for the input.
If you weren't looking for the job why'd you read it and post?
Inquiring minds want to know.
Don't come back saying you weren't warned!
Why bother to ask for feedback if you ignore it?
Makes me wish I weren't menopausal!
LOL
I could go along with that if it weren't for the "cheesy" part
I could go along with that if it weren't for the "cheesy" part
Gosh, maybe. They honestly weren't bad.
I have transcribed much, MUCH worse ESL than what was sampled on their test. When they asked me what percentage of ESL I had transcribed for in an average work day, I told them 20% or less and that's when they said that their work involved 80% ESL. But man, that 20% that I got at my former job was some of the worst on the planet, I swear!
I posted below that we weren't talking about
Ascend, but that Ascend is well known for not paying on time. I don't know that they never paid, just not on time. All the information should be in the Archives.
But weren't there payment issues??
x
They weren't losing those accounts.
They weren't losing those wonderful accounts, they were being sent to the Philippines to their transcription center there.
You weren't even getting paid enough in 1989.
I was making 5.5 to 6 cpl in 1976. It was a good wage back then, but I don't know how anyone with half a brain thinks MTs will make ends meet with that amount in 2009, or will continue to work for companies that pay that chickenfeed, or even consider hiring on with them, when you can make much more money flipping burgers.
You weren't even getting paid enough in 1989.
I was making 5.5 to 6 cpl in 1976. It was a good wage back then, but I don't know how anyone with half a brain thinks MTs will make ends meet with that amount in 2009, or will continue to work for companies that pay that chickenfeed, or even consider hiring on with them, when you can make much more money flipping burgers.
They weren't related at all. Her sister-in-law is my lead and is
wonderful. This person was a transcriptionist who took over HR. No one liked her and we thought she must be related to Lee, but she wasn't.
Are you sure those posts weren't by people who had applied
and couldn't hack a little competition?
Don't know, but a few wks ago, they weren't hiring for their net accts., only for the Lanier o
s
You weren't offered secondary accounts?
That's unusual.
KS has many accts, many different kinds of software, many TLs, etc. Some of us just weren't
d
If the Indians weren't all glomming for our jobs there would be more of us.
They have trashed this occupation into the ground, IMO.
TNI told me last week they weren't hiring currently as
s
You sure as heck weren't in mgmt at TT because that is NOT how they operate.
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