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Serving Over 20,000 US Medical Transcriptionists

Some companies pay a percentage of your sm

Posted By: WebHead on 2009-04-08
In Reply to: A better question ........ - Happy MT Robin

regular line rate. Webmedx compensates at 70% of your regular rate - so if you make 10 CPL, you'd get 7 cpl for VR editing.


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Percentage of tax
My account told me a good way to judge how much money to put back was to go off the previous year. If I made 30k - take 30%, 15k-15%. If however you find you are making more money than the previous year and will continue the trend take off what you think your yearly total will be, 50k - 50%.
what is the ESL percentage there?
I heard it was high.  Is it bad or bearable? 
ESL Percentage

 


What percentage of ESL's do you do on a daily/weekly basis?  Which ESL dictation do you find the most difficult to do--Spanish, Indian, other?  Do most companies reward you with a better rate if you tell them that you are comfortable doing ESL dictation or not?  I have been thinking about this and wondering, since I am paid the same line rate to do the difficult ESL dictation (granted, not all ESL's are as difficult as others) as I am to do the clear and easy dictators, why in the world would a person ever tell the company that they are happy to do their part in transcribing ESL dictation?  It is like a person is penalized for doing the difficult work by being put in the difficult dictators work pool and it really doesn't matter if you have 5 years or 20 years of experience, most places just want the work turned around immediately and it doesn't matter how horrible the dictation is--just do it!  


 


I think that the next time that I apply for a transcription position I will say that I am not comfortable with ESL dictation (something that I have never done in my life) in order to get put into better pools of dictators.  Instead of being paid more for doing this kind of work and not complaining, I feel we are penalized and seem to ALWAYS get the hard work, which is not fair at all! 


 


As if it isn't hard enough to be an online medical Transcriptionist these days, having to learn the different styles of a bazillion different dictators on however many different accounts you work on (so as not to run out of work) and all of the hospital specs (plus learning their local terminology--city data, names of popular places in the area, etc.), the experienced are put into pools of hard dictators and the poor MT's” (boohoo!) who claim they can't do this dictation make the good money.


 


So far in my transcription career, I have never played games with companies about things like this and have always told the truth about my strengths and weaknesses as a transcriptionist, but it's dog eat dog these days, and whatever an MT has to do or say to make the $$$ seems to be the name of the game.


 


Thanks for letting me vent tonight!  


 


 


What is your QA percentage? sm

I started with a company last month whose account is extremely picky..  QA is even more picky with their constant nit picky corrections..  I have never had any trouble with my QA.  Always 95% or more.  But this new job has me at around 85 to 89% and it just makes me angry because one person corrects a dictation one way and then another one does the opposite, removing commas that are supposed to be there, adding in them when they aren't and its all counting against me.  Anyone else experience this????????


It is not so much the percentage...
of what they do now, but it is in their company forcasting goals and desires to continue to increase the usage of overseas markets.

It just reminds me of the great linen/towel factories we had here all up and down the east coast that are now no longer because labor was so much cheaper than in Southeast Asia/Asia.

We are the great consumer market of the world and prices have to be kept low so that the market keeps being driven higher and faster to keep the global economy ever profitable and everyone keep their job.

Looked what happened last summer when the Americans stopped buying cars. I rest my case.
I can figure out the percentage, but...
How does one go about figuring their estimated tax?

According to what I've read on the IRS site, we have to pay estimated taxes. Well, great. I can estimate my income at what I'm making now, just starting out, but I don't see my income staying this low, so I would eventually be underpaying. I could estimate it at a higher amount, but what if I don't make as much as I think or hope I will? I can see where getting a refund is a good thing, but I'm more worried about underpaying.

Do you pay the tax on what you've ACTUALLY made in a quarter (it kind of sounds like it) or do you go about estimating your income, say you figure you'll make $20k a year, and put 25% of that away?

Confused.
I don't know the percentage number, but I'd say
there were no more difficult dictators on the accounts I'm working on than on any other big city hospital that I've worked for over 20 years. And I say difficult dictators versus ESL, as ESL seems to be a negative; people think that foreign-born dictators are difficult to transcribe. There are a good deal of dictators on my accounts who are foreign-born, and if you look at the list of names in the physician's list, you'd think you'll be slogging away all day for very low line counts. That's not so. Most of the dictators are very good. As anywhere, there are a few really horrible dictators, both foreign-born and good old red-white-and blue Americans.
I have absolutely no complaints about TT.
They do some ASR but a very small percentage, something like less than 10%
of all their work is ASR. I am not sure what the pay for it, as I only do straight transcription.

They do pay shift differentials. I think it's a half cent for second shift and a penny for third shift.

They are wonderful people to work with and for. Everyone I have ever spoken to has treated me well. Even the President of the co. has been wonderful to me and will take my call anytime I need to speak with her (which has only been twice).

I would go for it. I am so glad I did.
Percentage and be very careful

how you fill out your return.  We had an accountant who was under investigation by the IRS which led to our being audited and we found that much of what he said was allowable was NOT.  i.e.  You cannot deduct a room for an office unless that is all the room is used for.  A guest bedroom with a bed in it is not an office.


I only know about my accounts. Percentage of

ESL relatively low.  There are maybe 4 that are very challenging, a few USA born that are very challenging, but I don't have any of them on a regular basis.  


Someone else answered your other questions I believe.


ESL percentage is definitely account

specific.  However, my personal experience has been that I was only given 1 account, thereby allowing me to get used to the dictators.  Secondly, my account has been broken down into specialties, thereby allowing me to get used to the lingo of that specialty.  Thirdly, I fully believe that MDI does try its best to make sure that the client understands the need to speak clearly.  I'm not saying that's how all accounts are or that that's everyone's general experience at MDI.  I'm only commenting on my experience. 


I think the ESL question is a standard with any company, too. 


Only a small percentage...sm

They do not off shore a lot of their work, only when the client specifically requests it.  I believe the percentage is like 12 or 16 (can't remember which).  They do try to get the clients to keep their transcription here, but if the client is adamant about sending it off shore, that's what they do.


I've been working OT lately due to someone leaving and not being replaced yet.  There's always a need for good US-based MTs at Transcend.


outsource overseas a percentage, which could go up...(nm)
xx
Just out of curiousity, what percentage of work was the
was it a percentage of your production or did they just pull say, 5 jobs per week, or something along those lines?

I left a company where I was doing almost 30,000 lines a month and they only did QA for my score on 4 (that is four) reports a month), so I agree, if you have a bad month, expecially if there is not a good QA ratio to productivity, the company can mess you over.
it's the percentage of reports from that batch

that random percentage number is the break-down of percentage of reports/pages from that batch that you had to have QA listen to a blank, that's all, not your QA percentage.  when you leave no reports for QA, that number remains 0 percent.  clear as mud?  sorry.  it's really no thang....


Yes it is, and ANY percentage is too large for my comfort
ANY percentage is too high. There's no excuse for it except profits for greedy American MTSOs.

There are literally HUNDREDS of US MTs more than willing to work these odd hours that Transcend and others claim they are 'forced' to offshore because they cannot get sufficient help here.

I strongly disagree. In fact, I disgree just short to calling it out as being a bald-faced LIE.

The purpose is nothing more to increase profits for the powers that be, while all of the time hammering down the pay of the American MT.

I hope I am not alone in my stand on this. I would rather somewhere else for less money who DOES NOT offshore and who respects their MTs. Respect is something MDI-MD obviously chose to cast aside when they began negotiating their moneymaking deal while we starved, lost sleep, wondered how we would pay our bills, and yet STILL tried to be loyal to these yahoos.

Nope, not happy and checking out before my work goes to India.

I've worked too hard and am too advanced in my career to be a sitting duck.
Those of you doing VR, what percentage of the report do you have to correct?
How accurate is the VR? Just wondering.
What percentage of American MTs are they using these days? (no message)
xx
It all depends on the percentage of the error assessed.
I have worked for a couple of companies who charge an extremely high amount of points for punctuation errors.  If this is the case, one can definitely dip into the 80s with punctuation errors.
Small percentage to India at night....
Transcend sends less work to India that most companies, and it is public record. Deventure also sends work to India. It is a fact of life in these times, some hospitals request it. Escription work with Focus doing the most of it, has been historically sent to India. From what I read, Transcend has the largest domestic staff on Escription.
What is approx. percentage of ESLs at your company and who do you work for? sm

My company has SEVERE heavy load of ESLs, probably 85% if not more and they are hard!  I have this option of going with another company.  I want to try the new company but I don't want to get in the same situation I am in now only because if it is the same situation I would rather stay where I am at because I like the people I work for.  There is no benefits and a few things concern me yet they are good to work for, plenty of work and pay is ALWAYS ontime every time.  So this is just a poll:  What is the percentage of ESLs and where do you work.


Also, do you think I should try to go with this other company part-time and keep my current job to see?  The problem is I would have to get unlimited long distance and have their programs downloaded on the same computer. Would love to have any feedback for this tough situation.  Thank you! 


I wonder what the number or percentage of MTs that need insurance versus those that dont is. Which
is greater I wonder.
Signed up for second session. Dying to hear what percentage of cut is. (sm)

Hopefully people will post as soon as they find out.  I know we are lucky to have been kept at the percentage we were.  MQ cut us 10% one year and then 10% again.  Have a feeling they are going to skip the gentle repeated insults and just hit us with 20 or 30% right off the bat.  I hope I am wrong.


Good luck to us all.


The percentage of offshoring is higher than 15%, much higher - sm
Two more points - the Indian transcriptionists seemed to get the easy American dictators while the US transcriptionists get the Indian doctors and other ESLs.  Never made sense to me.  Also, a poster said the work is QA'd before being sent to the client - not all the time and if was then QA needs better training. 
TransTech and Medware, are these companies considered large, medium-sized or small companies? (sm)
TIA
Yikes.. That is only inline with companies like Focus and such. "Real" companies pay their MTs
decent rate.  I make over 5 cpl editing. So, if I got that slap in the face, I'd be outta there.
Do the research...most companies, and not just MT companies, do not pay for maternity leave...
we get time off but not paid...and I really don't even understand the point of you posting this...
How do you know which companies are Nationals and which are smaller companies.
Is there a list somewhere? I'm new to this.
By "most of the companies", I meant MORE than MT companies.
clarification
Sten-Tel is the platform. Different companies use it, pay and how companies run are different. nm
:P
Nobody said MT companies were not for profit companies. (sm)....
As MTs we are an important segment of what it takes for the company to thrive, but we are still just part of the whole structure.

Not trying to be argumentative, just think sometimes we get that "I'm the quarterback" attitude and forget that we can't get anywhere without our line men.
Companies that outsource to other companies?
Anyone know of any reliable companies that will outsource to American companies and pay a decent line rate? I am amazed at what the companies charge and then want to offer in this business anymore.


2 companies with that name. Was this the NJ job? nm
.
I have been through a lot of companies and
they are all the same.  I just found that out not too long ago.  I am with a company now that everyone cheers about.  They are just the same as everyone else.  Nothing to cheer about IMO.  This business has gone downhill fast.  Sad.
What companies, if any,
. . .

. . . hire and actually promote professionals who have forgotten more than many MTs know, have years and years of experience, work when needed, don't rock the boat, and produce excellent work?  At my company, the editors and managers usually have just a few years of experience as an MT, if any, and many have no management experience.  Some managers have never even seen a typed document.  That doesn't make sense.  What companies give one a chance to actually grow with them?  Any of them?  How do the promotions go to those who took an on-line class and have been an MT for 2 years?  Kudos to anyone who could answer this . . . Bewildered 


He said that some companies do that, but
usually when they do there is a reason for it, so told me to keep an eye out for future class action lawsuits or that sometimes they use it as a means to withhold severance pay, etc.  IMO - basically it's a CYA letter.  Atty agreed.  But again, IMO, why be worried about a CYA letter if you have nothing to CYA for?  Any company that wants ex-employees to sign a release from future lawsuits is definitely not up for nomination for Employer of the Year, that's for sure and just one more bit of proof that it isn't the MLSs at fault.   I'm not concerned about it, but I'm sure as heck not signing it either.  I just think it's hilarious that a few Transcend groupies come out of the woodwork ready to blame the MLSs that left as if they weren't the GOOD transcriptionists and that's why they left.  Seems to me if they weren't any good they wouldn't be able to get hired anywhere and so would want to stay put where they know they have a sure thing.
Some Companies...
Charge you per report for their useless template. What a rip off...
QA Companies
Anyone who works as a QA; I am curious as to what you think of the company you work for?  Good or bad.  Looking for a new QA position and would like some information on the companies.  Thanks.
Here are some companies
First Choice Medical
QT Medical
JLG - some accounts still on WP.
TeleType

That is all I know of right now.

Good luck.
Some Companies Pay Less
Some companies, especially small ones, lure you in by starting you at less and tell you that once you're off probation in a couple of weeks your line rate will be raised a couple of cents.  Months later, despite quality work and that pitch-in attitude during backlog periods, you're still making 6 cents a line.  A lot of good begging does....What a joke these companies are...........
Any companies out there?

with:


1.  ENT, cardiology, family practice or internal medicine work.


2.  Require a minimum line count of 500 lines a day with the option to do more.


3.  Word based with a 24-hour TAT and have direct deposit with assigned docs/accounts?


Are there any companies out there using DQS except MQ? (sm)
If I were going to try to work 2 companies at the same time until I could decide I thought it would be easier if they used the same program.  This old dog is getting too old to learn too many new tricks at once. 
That would be companies. If you
want to make it in this biz, you have to learn to spell!
Are any companies besides MQ using VR right
x
Not sure of any companies (sm)
I've worked on it for hospitals.  I am not aware of any MTSO's that use it.
companies
Diskriter has some ChartScript accounts.  A lot of hospitals use ChartScript also.  I used it with my in-house job.  Very productive platform. 
None of the companies do! That's the name of the
zzzzzzzzzzzzzzz
There are probably less than 5 companies
(and that is probably stretching it) that don't offshore.  I've interviewed with probably 8 companies the last 6 months, all either offshored or had less to offer me than QT.   I immediately turned down all the companies that offshored (that I knew did anyway) and all the others I turned down because it would have been a significant cut in pay.   We have a no frills lifestyle as it is so there isn't room to take a cut in pay. 
With all the companies looking for MTs
I don't understand why you are thinking unemployment.   I think you have to be unemployed xx days before you are eligible anyway.  
Which companies use - sm
ftp sites?
Thanks!
Not all companies
are like that.  That is unreasonable.  We do not expect that of our employees.  If you work both Sat and Sun you have 2 days off during the week.