Rates for transcription and editing.
Posted By: Sup. on 2006-02-06
In Reply to: Can someone please tell me what is a fair rate per line for speech rec editing? - Hopeful Future Editor
Speech recognition. Here are some rates. This is not a guarantee, just what I know first-hand, and what I've been told from others as well. It's just an average.
Cents per Line.
Sten-Tel - transcribe - 7.5, edit - 3
MDI - transcribe 8-8.5, edit 4-4.5
QT Medical - transcribe 8, edit 4
Focus - transcribe 7.5, edit 3
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Editing rates of pay range from about 4 to 6 cpl.
Unless you go to work for a different company there shouldn't be much of a learning curve, but any different company that you go to work for is going to have a learning curve because that's just part of starting a new job. I don't think anyone should be compensated any more for training and it's a darn good motivator to get the ball rollin.
RE: Editing at extremely low line rates
If you get a discount on the coffee, I'm in....LOL
Editing at extremely low line rates.
What are the standard rates for Quality Assurance Editing these days? Well, that depends on what you are editing. If you are editing TRAINED Voice Recognition files expect to make less per line, maybe a couple of cents per line. For UNTRAINED Voice Recognition files, you should be earning at least 3 cpl or better. Editing relatively clean reports that require very little change should earn you up to about 4 cpl. Editing transcribed reports by new grad MTs or offshore MTs should earn you 5 to 6 cpl. I really don't think I'm far off base here, but I am certain that if you take a job editing transcribed reports done by offshore MTs, you should not accept anything less than 5 cpl, otherwise you are doing yourself a disservice even if you are trying to break into Editing. Feel free to respond.
editing rates are 1.5 cents per line....can you say SLAVE WAGES??
Editing versus transcription
I do VRE and I love it. I have done it for a couple of different companies, and how much you make will all depend on the work and how much patient info you have to enter. I think 3.75cpl is pretty low though.
Looking for a co. that does not use VR/editing, rather straight transcription
Is there is such a company? Must pay on time. Don't need insurance.
Would consider clinic work after 15 years of acute care experience.
Don't like my pay cut in half -- cannot make up for $$$$. DQS was the only VR platform that was good to me $$$ wise.
The statistics are that only 7% of transcription is SR editing. Think about all the sm
individual doctor offices, small hospitals and clinics. I even was told that it is too expensive for large hospitals because they need a license for each doctor and they have to train it. When you have a teaching hospital, it can mean 4000 licenses. Not worth the cost.
It's not as prevalant as it seems to be. It is just talked about often now.
Is that 1600 lines a day in editing or transcription?
nm
I should also mention that I do straight transcription, not editing.
I have never run out of work.
Voice will reduce transcription and increase editing
along with lowering pay across the board. There is a company I left after a short period of time who bought into Dragon's sales pitch. It was a medical management company who thought they could make a quick buck moving into MT. They bought the sales pitch without understanding the whole picture.
They hire at $8 an hour, have great benefits and expect you to kill yourself for that $8 an hour. IF you edit more than 16,000 lines a day for each pay period (2 weeks), then you pay bumps up to $10/hr. But if the average for any pay period is less than 16,000 lines per day, you get stuck with your $8 and are told if you don't like it leave. Well, I did. The day after I left they announced they were sending the editing to India. Ain't that a kicker? Their reason? To get the MTs in India to train Dragon so the American MTs can make their 16,000 lpd goals and have happier employees
Things that make you go hummm.
d~
Transcend pays more. There is editing and straight transcription. Let's just say..they pay more
than 9 cpl, double of what people will be making at RC Transcription.
$0.05 per line for editing, 0.065 for transcription IS 3rd world wages.
nm
I think your getting it all wrong.. She is probably doing VR editing..not the same as QA editing..
Does make a difference as you are not correcting someone's else work.. just VR to make sure the sentences make sense, right punctuation etc..If you have good English skills, it is not that difficult but this 1.5 cpl is a joke.
Pay rates
Your pay rate doesn't change. What this policy says is that IF you send a report with a CRITICAL error to a customer and it is returned, you may not be paid for that particular report. I don't see this as unfair frankly because the service can't bill a customer for that serious of a mistake in a document. It's all about us being accountable for our work. We want to be recognized for our value but don't want any of the responsibility that goes with that?
pay rates sm
I turned down a job also because of low pay--company did not want to pay for spaces and added normals themselves so I wouldn't get paid. How low can you go? Wish we all would turn down low pay. Maybe it would send a message. I know this isn't realistic, but I'm wishing :)
pay rates sm
Just curious but which company does not want to pay for spaces? I know of one company that does add the normals and will not pay the MTs but it isn't any of the three mentioned here, can you enlighten us, please?
Thanks!
pay rates
There are two different platforms, one pays 9 cents per line without spaces and one pays 7-8 cents with spaces.
low rates
I have a friend who has a small MT company and she charges her clients 9 to 12 cpl (the 9 cpl accounts she types herself). She has a few ICs locally (usually pays 7 cpl). She is amazed when I tell her what other companies charge their clients but every time she tries to negotiate a little higher rate her clients tell her either it's the same low rate as always or they won't use her services anymore, so she feels stuck. We live in a low cost of living area, so the doctors are generally cheaper here, but for me personally, I wouldn't take that pay if I had to have the hassle of my own accounts, dealing with clients, billing, etc.
Especially re. pay rates....sm
The few MT contracts I have seen, employee or IC, are pretty vague on the subject of compensation, saying something like, ...The agreed-upon rate. Agreed between whom? Get a specific figure in writing, esp. re. rates per line, spaces, etc. They can screw you up here without you knowing it, and how is agreed-upon rate going to hold up anywhere?
rates
Employee rates are 7.5 to 8.5 for dayshift, plus they have an incentive that you can make if you type an additional 200 lines per day. That will add 1/2 cpl to your rate, they also have an additional 1 cpl for late shift plus the incentive. The acute care rates are higher than the ER team rates. They pay by direct deposit every 2 weeks. I started with MedScribe about 6 months ago and like the work and the new platform.
low rates
I have tried to reason with the company I work for, using all my logical arguments - it's best to pay a little more if you expect people to work on their days off, it's better to pay your experienced people a few cents more than to hire in outsiders when work gets behind, especially if your clients are already angry (come on, tell me that someone can just come in and do exceptional work with no experience on an account!), that it would be nice to get a raise or a sick day or some kind of incentive, and it has all fallen on deaf ears.
I believe there is money to be made in this business, but it is not the MTs who will be making it.
low rates
I turned down an offer this morning of 7.5 cpl for acute care. I have over 20 years of experience and I refuse to accept that line rate. It's an insult to all of us who have dedicated our lives to our profession.
MT Rates
If anyone knows the going rate being charged by MT companies or by individuals in Florida, North and South Carolina, would you mind posting it here..hubby and I are considering a move. Thank you.
pay rates?
Anyone know companies that pay on the gross and/or straight line?
pay rates
But, because the vendors spew their crap about how this technology will save the hospitals so much money, the Editor pay is almost always decreased per line versus traditional transcription. Most editors are getting paid 3 to 4 cents per 65-character line, some are paid a % of their usual pay rate per line. It still means a decrease in overall income per hour.
How many MTs/editors are now working extra hours per week to make up that difference?
Although the vendors (keep in mind, they are salesman, they only care about selling their product -- they don't give a rat's a%% about how it affects anything else) claim that the technology keeps learning and improves, that is not always the case. A lot depends on the particular system, how many editors are involved, if the editors are ALL given the identical specs and following those account specifications.
I'm just sick and tired of new technology actually causing a decrease in my income. It should be a win-win situation for everyone involved in the process, but it never seems to benefit the MTs/editors.
Rates for Rad
I've worked for a company offering Rad on PowerScribe (and please ask how you are compensated for downtime) and rates for both editing AND MT should never be below a dollar, that's just insane. $1.25 to 1.50 is the going rate most places per report for MT.
Rates
I would suggest you talk them into using a digital recorder - then you don't have to drive for tapes, and the sound quality is better. There are many inexpensive ways to get the files to you, so you won't have to worry about gas, etc.
As for rates - I wish you the best of luck in getting them to pay the range you're considering. You have a shot at the low end, at the high end, if you can get it, I'll hire you to come do sales for me. ;)
Deborah
PTO rates cut
If you thought the PTO time you have been banking at DRC/Acusis was going to be paid at the rate when you banked it -- dream on! It's being paid at your CURRENT rate -- so for all my sister MTers, we lost bunches of money. One wonders what is next??!!
The insurance rates are the same for everyone who
signs up for that particular coverage. If you are signing up for employee only it will obviously be the lowest cost. If you add children and/or spouse and/or family coverage, those are all different coverage plans and each has a cost.
The benefits for Spheris are not negotiable. Therefore, if $202 was what they told you would be the cost of your insurance, then everyone who has the same coverage will pay that same rate.
Reasonable rates
Reasonable rates to you may be unreasonable to others.
If you don't feel you're being paid for your experience, then you're not.
As you can see below, when MTs start posting anything regarding rates, line counts, etc., flames start.
Decide what is reasonable for you and what is fair compensation for your experience. If MQ isn't paying it, talk to them. If they are, then congratulations!
line rates
When I started I was told line rates are based on years of experience and what account you work on. When you are hired they give you a pay matrix so it is easy to see exactly what you are making. They also pay a shift differential after 6PM and have an incentive plan that is paid at 12,000 per pay (2 weeks).
Pay Rates Have Not Changed -
It must have been the level of the account.
This is exactly why our rates are going into the toilet -
SOMEONE will nearly always work for whatever ridiculously low rate is offered!
Line rates
Why do all these companies keep dropping their line rates? The cost of living sure isn't falling.
Line rates
Because they can get away with it. As an experienced MT, at this point I will go work doing something else before I will take less, but I am frustrated that there are so many out there who are willing to sell themselves short. I also will happily learn voice recognition or do QA but not at my expense. I keep wondering what the fallout in this profession will be.
Line Rates
Hi
Could anyone tell me what to expect for a decent line rate... I never see any ads for more than about 8-9c per line? Thanks. Lou
They told me the rates and that I would be doing one
doctor within the first few seconds of my interview. I took the test an hour later, was hired two hours later and started two days later!
IC rates at Medware 9-10 cpl
nm
TRS ....line rates...etc.
Dear TRS-er --
I worked for TRS for a few months back in 2000 and had a very good experience with them, had to leave for unrelated reasons. I cannot remember what they paid me per line, but I now have over 20 years of MT experience. I am looking for 10 cents a line. Do you think they will pay me that figure, or more? And what if I take the CMT test (have not taken it yet), how much more will I get?
Also, do they ever run out of work for more than say a few hours?
Thanks for your answers...hope to chat more with you very soon, as I want to leave my present company very soon. 
Thanks.
Linda  
about insurance rates
A Tennessee-based MT company has decided to go with a high deductible insurance policy with a well-known insurance company. It is going to cost the employees $2500 out of pocket before Blue Cross covers any medications. It will cover the $20 copay to the doctor, but not medicines. Is this right or way off base? Would like some info on what others think.
line rates
We have different line rates for different accounts, ranging from 9 to 10 cents per line without spaces but include headers and footers and 8 cents per line with spaces. Our MTs who transcribe on both platforms say their pay is the same day in and day out..
What company with these rates
I'd like to know what companies have offered these rates, if you are willing to share. I have 15 years experience in acute care and multiple specialties and have been told my testing is excellent but have not been offered anywhere near this. I'd love to know. Thanks.
Does anyone know the new Health Ins rates?
Trying to decide
Line rates
experience and what account/schedule you work, that is what their recruiter told me. Plus they have 2 levels of incentive. I have them in the top 2 choices and will make my decision this weekend, but they seem to have work and offer a nice overall package. I would rather work for a smaller national that one of the big ones.
Waiting to see what rates are!
Wow, $400 a month is higher than I'm paying now and I thought it was high! I currently pay $340 a month for family but the coverage is very good. I did hear that they have a new rate plan coming in. I will wait to see what I hear from this change. I have to have good insurance. My husband does have some health issues.
One last question....can someone tell me how soon insurance starts when you hire on with Keystrokes? Do you have to wait 3 or 6 months or does it go in effect on Day 1? My current job insurance went into effect Day 1. But they are outsourcing some to India starting this month and I'm afraid we may all be out of jobs soon. Doesn't look good. I may check into the plan to just purchase myself and not have to worry about changing jobs, etc.
Thanks for all your replies, I appreciate it.
Connie
Bonus rates
Can anyone tell me how your bonus rates are structured? Number of lines per week or per pay period and if so, what is the going number to achieve a bonus and how much is that bonus? Thank you
Have seen rates from 2-5 cpl, average seems to be around 3 or 4 cpl. nm
s
yes, they have very reasonable ins rates
i do hope you will consider the Florida hospital account because we really need help on there. thanks
escription rates
I worked for a company that paid 4 cpl for editing VR documents and 8 cpl for straight typing. I did read a posting here of a company paying 4.5 cpl for editing VR.
LINE RATES
There are companies that do base pay on experience and they are well over 0.85 or 0.825. You just need to find them.
line rates
Best I can figure, 8 for 55 is equal to 8.8 at 65.
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