Offshored means it goes to India and everywhere else.
Just to clarify.
They company is hiring for in house positions again. Maybe they shouldn't have ditched us all at the same time
Thanks to a guy named Robert Lynch president and CEO of Cymed (who was greedy and sold all american transcriptionists to the Phillipine Long Distance Telephone company in early 06.)
Know the company you work for:
Philippine Long Distance Telephone Co. (PLDT), the country's largest telecom company, said Friday that its unit ePLDT, through SPI Technologies, Inc.
The acquisition makes SPI the third largest company in the outsourced medical transcription industry.
Philippine Long Distance Telephone Co. (TEL)
Has the vague stock symbol of: TEL. (yes TEL.)
PLDT, through its information technology arm ePLDT, Inc., acquired SPI Technologies, Inc. for $135.34 million in cash.
ePLDT bought the world’s ninth lar-gest independent provider of business process outsourcing (BPO) together with SPI’s $7-million debt owed to former shareholder SPI Tech L.P.
ePLDT likewise advanced $16.43 million to SPI, which, in turn would be used to fully pay debts to DBS Bank Singapore.
CyMed employs more than 650 staff in the US through offices in Virginia, Tennessee and Ohio.
False advertising line: CyMed has a much deeper presence in the US and SPi is better entrenched in the Philippines and India. This merger creates a unique company with a well balanced and deep pool of talented staff in the three countries in which we operate.
When this be in actuality & basic explanation in India's MT news they know:
Philippine Long Distance Telephone Co. (PLDT) now owns thru SPI the company (or possibly even simply an abbreviation for them): 100 % percent of CyMed Inc. and all american Transcriptionist belong to the phillipines and can now be replaced by anybody this Phillipino company wishes.
A woman named Palmer, Edna has her pick and choose of MT's in america... and soon across the world.
The appalling thing be that MR #'s are the exact same as social security numbers could be used by those in another country and sold so easily.
About SPi: (two big letters S&P followed a small i) still no page able to find about the meaning of this abbreviation but the bottom line is that SPi = same as the arm _ePLDT_of Phil Long DIstance Telephone Company !
SPi is 100% owned by ePLDT, is a leading full-service BPO provider with offices and facilities across North America, Europe, and Asia. Together with ePLDT’s Ventus Group, the company has 11,000 employees delivering on a wide range of call center and knowledge-based outsourcing solutions to diversified markets, including financial services, healthcare, legal and publishing. SPi consistently improves operating efficiency, lowers costs and helps to strengthen the competitive position of more than 150 customers.
ePLDT, Inc., is a wholly-owned subsidiary of the Philippine Long Distance Telephone
Company (PLDT), the leading telecommunications provider in the Philippines. PLDT is listed
on the Philippine Stock Exchange (PSE:TEL) and its American Depository Shares are listed
on the New York Stock Exchange (NYSE:PHI).
History of PLDT:
You may not lose your job (lose right now buuut) you have now but you are contributing to:
A. Dedicated transcriptionist who went to school for the privilege of becoming so & spent a fortune (It does take so many $ in books to be a proper med understood, they don't give you any for free and must be not depend on internet all the time or ones not gonna be that bright) on the books to know all the proper terminolgy so they damn sure dont messup on somebodys preliminary surgery etc. report !
B. the quite easy & possible stealing of american's social security numbers
C. There's no job security with this company Cymed-Spi now & no end & no raises or nothing & no health coverage or anything like that.
D. Greed of a Phillipino company buying up all american telephony, & video games and internet everything.
Ownership of PLDT: First Pacific: 31%/ Nippon Telegraph and Telephone: 15% /Fidelity Investments: 5% /Other owners (includes public stock): 49% .
Ps. Why on earth is there no Med-Transcriptionist-American-Union? Who'd be done boycotted such outsourcing SOB's off thier asses ?
Peace, thank you all for reading.
All for sending us down the river so she wouldn't have to be bothered.
There is no reason for me to lie about this.
I am NOT talking about offshoring, but the company whom they outsource to may offshore . . . I have no idea about that. But straight from the horse's mouth, they have outsourced to a small MTSO before.
You can notice how the work dries up all of a sudden when they turn it over to the service and we have no work.
TT mgmt may not tell that they outsource today, but they definitely told me about 9 months ago when I asked when the work was low. From the way the jobs disappear occasionally, I think it happens quite often.