That's about 17 million more than he's worth. nm
Posted By: Heartlander on 2006-05-11
In Reply to: typo - sympathetic MQer
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- my personal protest - sympathetic MQer
- typo - sympathetic MQer
- That's about 17 million more than he's worth. nm - Heartlander
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Thanks a million!
You're a dear. :)
A million thank you's for saying that
It's so refreshing to hear someone who stands behind the name anon to really believe in what they are saying. It gives you TONS of credibility. On behalf of the entire EDUCATED Mediscribes/Cardiscribes team (including the Indian employees, as you call them) thank you from the bottom of our hearts for sparing us the embarassment of being associated with you any longer.
Thank you a million times over - sm
I thought I had simple questions but after all those posts, you'd think not! LOL!
I really appreciate your taking the time to answer my questions - so thankful! Have a lovely weekend :)
I just won a million dollars!
I found one on her computer! Now I can buy out Medquist and return it to pre-2006! No more ASR, no cesspool and each of you only will have one primary and a secondary and generous quarterly bonuses which you can actually GET! 
2 million lines
Exactly, that is what I asked and got some lame answer. No way should we be running out in the morning.
The $70 million powerball
That's a lot of money. $70 million with an estimated cash payout option of $37 million which means after taxes you bring home approx. $19 mil or so. Yeah, that's a lot of money.
I keep trying. Someone has to win it. It may as well be me!!! 
fatcat... you are one in a million.
I really do appreciate everything you have told me. There are so many people on this board so quick to judge and then every now and again you come across a genuine, quality person such as yourself.
I know my schedule is difficult to work with, but these companies never seem to give anyone a chance to explain them, not that it would really matter. They expect 1200 lines a day for full-time, but I have always done that in part-time hours (5 to 6).
To me, that is all that should matter. They want 1200, I will give them that, but I cannot be put on a schedule for 8 hours a day, 6 days a week.
I have only had 2 transcription jobs in 13 years, the most current one with the Q for over 11. I have always done well on testing, from what I am told my last test I took for a company was 99%.
I just don't understand how all of you girls can comit to working every Saturday or every Sunday.
Ok, I am done complaining. I am hitting the job search full force again. Thanks so much again for your kind words and thoughts. You are in my prayers.
PS... I am probably way older than your daughter, I am going to be 39 in May. :)
Thanks a million! I'll be back....
.
Wouldn't matter if they had a million MTs.
lol
Wouldn't do QA again for a million dollars. (sm)
Biggest challenge - keeping your sanity while having to fix crappy work over and over and over again while meeting impossible deadlines for really low pay. Believe me, if you can be an MT, you'd be better off financially and mentally. Oh, and no one is going to pay me a million dollars, so I feel confident in saying that. :) Why on earth would you want to transition to QA? Did someone tell you it's a step up??? Reevaluate that statement by searching the archives for commentary on QA problems. There was a long discussion on here a few weeks ago about it. Good luck to you. Choose wisely!
And the MILLION dollar question is...
Does Transtech get work from Dictaphone? Does Dictaphone have any control over their workload?
THAT is what this entire thing is supposedly about...
Hmmmm, I guess we'll find out when the court case is complete.
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.
and scoff all you want... my half million house says it all.
xx
Maybe one in a million MT's makes that but I still find it hard to believe.
It looks more common to me that people who do MT are at the doors of destitution. Just read these boards! We have people who can't even buy their kids Christmas gifts, we have people who have had their car repossessed, we have people in debt up to their eyeballs. Seems to me that's the norm by the amount of postings of that type.
Thanks a million times to all your kind posts!
I feel like I hit the jackpot. LOL. Now, I am exhausted from the stress of worry. It will be nice and I won't miss worrying for the rest of my career! :)
Thanks again.
Wasn't it something like 2 million lines a month? Just a
GYNORMOUS amount? That adds up to like supposedly 66,667 lines a DAY!! And there is no work? Where did it all go?
I read $20 million, over $16 mil cash up front
In other words, serious dough. I'd think a wee bonus to us 500 galley slaves might be in order. Had many of us not been told ''MDI does not send work overseas, Dorothy would never do that'' when we were hired, I doubt we would feel so betrayed.
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/
I'll say! Wrote off $82 million as "goodwill impairment"
NM
With over 5 million hits per month to this site, it is quite cumbersome to just pick out the bad
posts, so the entire thread goes. Besides that, generally there are a LOT of posts within a thread that are inappropriate. Please don't think for a moment that I'm only referring to OSI. I am referring to ANY company. I am only asking that posters back up what they are saying with FACTS not innuendo.
Thanks a million!! I guess the spread sheet confused my eyes. :)
nm
I know this question is asked a million times but who is good to work for
anymore? I have 13 years experience and I work at a hospital part time but I know I can make more on production plus I need the flexibility because I have osteo in my back and other health problems that require me to kind of break it up if you know what I mean. I'd only like to work 4 to 6 hours a day, make a decent line rate, and have flexibility of having a span of time within which to get my lines done. I don't need benefits but do not like IC status; I prefer statutory. Any ideas?
WHY isn't it worth it?
j
For what it's worth ...
I don't know about smaller nationals, but Spheris doesn't pay for those things either. If you run out of work, you can flex your time and make it up. If you don't want to do that and had rather have the time off you are allowed to do so. If you cannot get it made up AND you don't have PTO to pay yourself, then you still file for PTO and it covers you as far as failing to make minimum production -- that way you're not in trouble.
When I first started with TEM (now Spheris), they paid downtime by the hour but cut that out with their new pay plan about a year or more ago.
I don't know of any remote company that pays only on a production basis that would really afford such an offer -- paying downtime for no work. The hospital I used to work for has remote employees but they are all paid by the hour, period (yes, even at home) with incentive that pays out an extra hourly for production. If you are going to be down for 2 hours in a day, you are expected to drive to the hospital and work your day or flex it to a later time or PTO the missing time.
I'm not saying I agree with it or am thrilled about that situation but MQ is not the only company and, in fact, I would think right in line with everyone else.
Definitely worth it!
go for it
I think DRC - they'd be worth a try. nm
xx
Keep trying. It is worth it. nm
zz
Not worth it
The 12-hour window was nice and the account I was on was great. The people were nice but the payscale was just too low. Like many others have stated nice doesn't pay the bills.
The whole training in Trinidad and other countries really irked me too. The way it was presented and handled just stunk.
You are worth more than that
I have about half your experience and make more than that. You deserve better. But, I do agree with you since I make less than I did 5 years ago that the industry is drowning.
worth a try
All of the companies that I have left told me before doing so that I was welcome back at any time. You never know if that rings true or not until you ask for your job back.
I asked for my job back at 3 places....
The first one accepted me back no problems but had to jump through all of the hoops again.  I decided after receiving ALL OF THE paperwork late that that is basically the reason I left in the first place (lack of any kind of decent communication) - also noticing that the send back by date on my paperwork was due 3 days before the overnight package even got to me (if that tells you anything). Plus I wasn't able to get an old account back (that I knew had the work) so I would be going back into a situation where I might or might not have work again. From the looks of it would be running out frequently.
So, I decided to stick with the place I was with - hoping the workflow got better and that I would actually start making a paycheck again - It didn't.
I asked for my job back with the other place - they got back to my inquiry within minutes telling me I could come back! Boy was I thrilled. I left to test the waters with VR because I thought it would be easier for me -- boy was I wrong and stupid. I've been back there for a month now and couldn't be happier!!!!!! I've been through H*LL the past few months with companies and it makes you appreciate what you did have.
The third one, well, I didn't burn any bridges (minus leaving the in the first place which I think made her angry) - it was one place that I was sure would accept me back - or at least send me an I'm sorry we dont have any positions at this time. that is the kind of work relationship I thought we had -- because I bent over backwards for them as an IC basically 7 days a week. I do know the e-mail was sent and received (basically as soon as it was sent) and I never received a response back. Then again, thinking back on it, when I said that I was leaving (twice) first time never got a response, second time I got the coldest response out of any company that I have ever been with and I was with this one for almost 2 years making 7 cpl IC. So, I guess I saw the true colors then and regret now even asking for a position back with them.  I can't believe I was willing to take a 2 cent pay loss to go back.
SOOO-- moral of my story is -- follow your heart on this one. You left, match up the reasons why you left to is it WORTH going back. If it is worth it, don't waste your tiem in asking for your position back!!
Good Luck to you!!!
Not worth it
TTS - This lady is actually contracting MTs to work for the company she works for. Very poor communication, much chaos. Pay not dependable and on time, although I did get all money owed but was such a hassle, not worth it!
No, not worth it
Editing by the line can be profitable, but not with this company. Reason being just about all the work is typed offshore and needs to be listened to, even though some are just said to be read throughs. There is also a constant lack of work. The changes are what drove me out the door. Person after person just GONE. I had an account manager who had been there more than 10 years and just all of a sudden her job was gone. The HR lady is GONE, the other HR person is now helping manage accounts. No new accounts in ages. No information is the worst thing, people leaving, pay dropping, and no explanation why. They used to be an awesome company, but not now.
Why is it that men know what they are worth...
...and most women have that 'awesome' attitude in your opinion that we do not count, do not matter, and should be happy just to have a jobs, no matter how we are treated, how low we have to go, how much heavier the work load gets year after year...
sorry, but that attitude is not going to get your anywhere but the unemployment line in the long run...good luck with that.
When your companies start weeding you out, because they WILL eventually, get back to us on how great they are and how happy you are about it.
Seems like you not only agree with that, but you like it.
We always think we are worth more, don't we? (sm)
LOL - seriously though, this profession is not what it was 10 or so years ago. I am very happy at TT. They are very easy to work with, I love their platform, and I especially like the tech support which was practically nonexistent where I was before. I plan on retiring from this company.
Job not worth it
I know how you feel. Now they are going to be cutting our holiday incentive in half too. We only get 2 holidays now as it is.
Not worth it at all
I have done seminars, meetings and all of the above. With everyone talking very hard to do. In 60 minutes of taping, I easly got over $100 for line counts so $50 is WAY UNDERPAYMENT. Again it is not easy to do. I did a three day seminar once and make close to $1000 but it was an orthopedic one and with all the questions, etc. very hard to understand and lots of blanks. No way you can get 98% accuracy and if you have to look over all the presentation material to see what they are talking about, you are wayyyyyyyyyyyyyyyy down there for pay. My two cents worth.
Definitely not worth it.
I made $52,000 one year. No social life, bad health, bad attitude, and that aged me about 10 years in one year. I worked in a transcription office all day, went home, ate dinner, and worked until I could no longer see, finally crashing on the bed (if I made if that far) around 2 a.m. Why did I do it? Looking back 10 years later, I have no freaking idea. It definitely wasn't worth it and I would never, ever do it again. I've learned to live with less, changed my spending habits, and now, as an IC, I take off when I feel like it. My life is way more important than my annual income.
please say it was worth it lol
/
What I am saying is, and take it for what it is worth....
Leads usually have quotas too. Work is directed to other transcriptionists and even though they say it is first in first out, that is usually not true! If you have a way to see who is working, what jobs they are getting you will see this is true. What she said was she took a stand for no work, realizes that the consequences were and went with it. Do you know how much time and lines you lose checking back and back for work? They could have let her go as most companies probably would or maybe a higher up would do something about the unfairness, though I doubt it. It is not going to change until we make it change, I certainly don't have an answer but when you cannot see what is in the dictation pool and leads and managers know this, anything can be done to you and is. Leads have quotas too and they also know where the dictation is. Probably how the girl got dictation, she knew probaby the person would be asked why she was quitting. No Transcriptionist that is solely working on line count is stealing dictation from you, you know that. She just got lucky. You should be mad that her company would give her jobs that should have gone to everybody working, where were they that they could be produced. You said it was showing no work for you. I am on your side too because it happens to me too.
MT worth
I see a lot of people say pay me what I am worth, so I would like to know - what do we think MT is worth and how did you come to that figure? What do you do to make yourself worth that? Do you proofread? Do you follow the BOS or whatever the client preference is? Do you know proper grammar, punctuation, etc? I am really curious as to what the consensus is on what an MT is worth and why? I am starting my own business, lining up several accounts, and looking to work with only the best. What things do you look for from a company? What is most important to you? What would make you want to work with someone or not work with them?
Worth of MT......sm
I would have to wonder also, would MTs rather be paid production or hourly? When I was paid hourly I had the time to proofread, research terms and do a fantastic job, however, when I went production, it is just produce, produce, produce. Don't get me wrong, I still research terms, I never guess what a doc might be trying to say, but, I will only listen for so long before leaving a blank, but, when I was hourly I might take the time to look at a previous report for the same doc or a previous report for the patient.
I am wondering if MTs paid hourly, with the same benefits as most full time employees, such as paid time off, paid holidays, health benefits, retirement plans might not show more accuracy and feel more appreciated and therefore do a better job.
You have great questions, I would like to hear what others have to say.
I don't know how to determine what pay should be, however, I know what I make compared to many on these boards and I can say I wouldn't be able to pay my mortgage on what some of these companies want to pay. For an educated Transcriptionist with 3-5 years experience, I don't think $26-30k is out of the question. There are some on here that may make more than that, there are probably some that make less.
Anyone else have a figure that they think is fair?
Not worth it. (sm)
Crappy pay. Expect lies when they lose accounts and have no work for days on end, and the worst part, it's not true IC - they expect you to keep the schedule you set in the beginning. Yes, you get to set it, however.... when I was interviewing on the phone, the VP asked me to hold on while she IM'd some people asking where the hell they were because they were supposed to be working and weren't sticking to their schedules. They called me once at 8 a.m. on a Sunday asking me why I wasn't working, even though I worked second shift! I was an idiot. Don't make the same mistake I did.
Not worth it for me,
I do 325-350 LPH, so VR would be a huge paycut for me. No thanks!
How can this be worth it?
Do these companies actually save any money sending the work to India? If it still has to go through multiple people to get a legible document, how much could they be saving? I hope it is worth what is happening to the US workers (in all fields) here who are left either jobless or making the same salary they made 15 years ago. I have no ill feeling towards the Indian MTs. I understand that they do what they have to do to make a living, but something needs to be done about companies paying foreigners ridiculously low wages so they can make a higher profit.
is it worth it....
Recently hired by OSi. When the tech went to install the software, he said he couldn't because I had Editscript installed. I use Editscript for another part-time job and really don't want to take it off, however, he told me he could not install their software unless I removed Editscript.
I guess my question is two-fold from anyone with similar experience. Does OSi keep you busy? And, is it necessary to remove another software platform just because you work for more than one company?
Please. WMX is not worth 2 more SM
months (and maybe longer than that) of sitting around. Work runs dry often. The OP should just move on, nothing special about the company at all.
I'm not so sure 8 cpl is worth
Needs 2nd or 3rd shift, flexible hours, but they need to know when you are working. I find that a little odd. I don't know who they subcontract for, but I would think a little higher line rate for IC status and 2nd and 3rd shifts would be in order. I could be wrong on all accounts though! 
I bet you 1 million $$ you won't find one on mine. Mine is
2 years old and it does not have a 9-pin serial port, nor does it have a game port. I have used both ports on other computers so I know what both ports look like. I also have a company provided computer and it does have the ports on it.
TSSC definitely worth it. sm
I just started with TSSC 6 months ago. I think it was the best move I could make. I have assigned accounts. I know when my work is coming and don't have to worry about it being given to someone else. Pay is never an issue. They have direct deposit and set paydays. No waiting for the check to come.
I have been there through the changes and agree that it has been worth it
staying. I use the benefits and they are actually good. They do pay a portion of the health insurance but I do not think everyone knows this as they only give the employee portion when quoting.
My DD was late once by one day. Not a biggie as we knew in advance. Less important as they have a system of double checking the dates so it does not happen again.
3 cents worth
I just started doing QA for 3 cents a line. It's my first shot at doing QA and just want QA experience, but I often feel I'm wasting my time since I'm doing this part time. My first check will be sad.
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