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Serving Over 20,000 US Medical Transcriptionists

The last time I heard, they were over 500 and plan to be over 1000 by the end of next May sm

Posted By: KS MT on 2007-06-14
In Reply to: KS 300 last i heard - mg

because of new accounts, expanding accounts and I think buying two smaller companies at the end of this year. I have a good source, so these are accurate.


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Have heard nothing about the pay plan,

SE possible health insurance, or anything else that is being talked about by certain MQ MT's.


I have had the web-based email since "day 1", and did not need 800 DICTATE to set it up for me. It was simple!  Just not getting any of the emails that some are speaking of receiving. Get PLENTY from my supervisor. Guess having no problem receiving emails . . . so where are all these other emails I did not get???


I heard there would be a new insurance plan in place by 2/1 and 3/1 but so far nothing new (sm)
I will have to drop my insurance and try to find my own policy if they don't come up with something soon.  I hate doing it but I just cannot afford over $500 a month for single coverage.
Not easy to make 1000 - lots of ESLs or time
spent looking up addresses, etc. They kept you on because they can't find anyone to put up with the low and steady income.
Full time empoyee status only -- 1000 lines/day, 10,000 per pay period.

nm


T-C - full-time is 1000 lpd along with a "rough estimate" schedule of what hours you'll wor
It's pretty nice.
Give it time, they'll get to you. The grand plan is

my shoulder, it's a block(head).  The games they play, the excuses/reasons are old, worn out, and it's aggravating to sit there staring at that NJA cyclops when others are getting the work.  Dog-eat-dog is not conducive to a good work environment.  We didn't create the situation but we bear the brunt. 


last time i heard
it was 3 cpl..but that was almost a year ago...dont know if it has changed since then
This is not the first time I have heard about that problem. (nm)
n/m
I heard one time that the CEOs came from
Lernout & Hauspie. Don't know if it's true.
I have applied a few time, but have not heard anything.
Maybe if the poster will take the time to read the emails they have already received and actually hire from them, they would not have to keep posting over and over again.
I applied the last time they had an ad and heard nothing...nm
xx
Don't worry just find out and then have a plan A and plan B
I have gone through something like this but not with that company. I too am the insurance provider for my family and there are preexisting conditions, so a private policy is no good.
First of all, I work elsewhere but had the same situation. I fell short of line count, but not because of me, because they did not have enough work, and I like many others cannot make quota because of the way they count lines. Then, on last paycheck there was a negative on insurance money taken out of check. I thought I lost insurance, but found out at the end of the year, they did an audit and found out that I overpaid all year and so I actually was owed money that check.
In the meantime, I found another job but have to wait 90 days for insurance. Can't find a policy to bridge the 2 jobs, insurance is on my mind all the time. My heart is with you. Personally I am getting the 90 day meds, working on my second job which will become my real job and if I lose the insurance, Cobra will kick in in case of disaster so that is like major medical.
Sorry such a long post, but I suggest: Not to panic. You probably did not lose insurance. Call the benefit provider to see you are still covered, not the employer. If you are not still covered, get 90 days of Rx if your plan covers by mail and be billed, immediately get another job which is a better place to work anyway (I found one) and in 90 days you will be okay. Some places like Disriter cover the first of the following month, but I would not necessarily suggest you work somewhere which is not so great just for insurance. You can consider TransTech. That would be my suggestion. Sorry for such a long post. But this hit a nerve and I wanted you to understand some options, as I have gone through it. Good Luck.
Haven't heard one of those in a long time !
Those were the happy days of MT'ing.
I heard this a long time ago, (couple of yrs) NM
x
I'm surprised he is still around. I've heard he's had a rough time
could just be rumors. I heard someone was trying to buy/force him out.
Has anyone heard of SribeRight and is it a reputable company that will pay on time and have a lot of
work with benefits
Don't say no one warned you. They are doing away with part-time MTs. Heard it directly from th
nm
1000 per day - nm
x
Are you serious? Someone doing 1000 lph?
I have not seen that. Don’t know how in the world that would be done.
1000 LINES PER DAY
How long does it take to do 1000 lines per day for a mix of dictators for acute care. Thanks
It's $1000, and you would't believe what the premium is. nm
xxx
950-1000 weekly?
So I am curious, what company do you work with to make 950-1000 a week? I will be a new MT at the end of May next year, and I would like to know. If you dont mind that is.
When I said $1000 a month - sm
I meant that is what it would cost to get a good family policy without a ridiculous deductible through other companies.

I was offered a position by another company and turned it down because the premium was $900+ per month. However, it covered a lot more and had much less out of pocket than this policy has turned out to have. Maybe I should have chosen differently.
Minimum of 1000 lpd at 8 to 8.25 cpl. nm
f
Meaning, you are not getting 1000....
which I thought was the requirement. I have a friend who tried them out and went days without work.
DSG is 35hrs/1000 lpd.
.
i strive for $1000 a
week and can usually hit it in 40 hours or so.
$1000 deductible
I'm single and I pay $75 per period for the $1000 deductible, $25 office visit.  There is also a $2000 deductible option that a single person would pay $37.50 per pay period, $30 office visit. 
1000 lines a day. nm
x
MedWare might be 1000 lpd for FT as it's 500 lpd for
s
I had over 1000 lines my first day
Still going up as I build my Expanders and get used to the docs.
they have ins with a $1000 deduc sm
or 2500 deduc. About a 30 dollar difference per month. 401 K, dental, eye, life insurance, etc. etc. Pretty decent package.
Over 1000 lph? You must be rich!
LOL
even 6 a ripoff $7,50 hr/1000 ln/day 125 ln hr
that is $60 a day. Take longer than 8 hours, less hourly. Com'on. Com'on. Wake up, lesser of the 2 evils acceptable. Nope, not me.
$1000 weekly gives me a goal to aim for
I look forward to reaching that goal!
What is a good pay per 1000 words?

How many words are on a 65 character line - in general?


$100 per year? I was spending about $1000 sm
with my yearly membership to AAMT, a subscription to the journal, membership dues for my local chapter and fees for attending symposia for credits, the cost of driving/traveling to these things, etc. The math didn't work for me one single bit.
I produce around 1000 lines per day...
I have seen my production increase quite a lot in the last four months. When I first started I could only get about 500 lines a day...so I get a little more every day. :-)
I make 950-1000 per week

I am an employee, only 8 cpl with incentive over 1200 lpd, work a strict 8 hr/day, 40 hr/wk shift.  I do work on only one account, about 75% op notes, although it is a very large teaching hospital so still have a very large variety of dictators (currently wrestling with my list of 500+ new residents for this summery).  I have full hospital benefits.   It is possible.....


$700 is very good, except as IC you are losing 7.5% in having to pay your own taxes.      


Do you have enough work? 1000 lines a day?
I have read on some of the threads that there is not enough work to keep everyone busy.
Ok, my tax person saying on every $1000 made
I should put aside about $200.00 in the bank. I pay state tax, SS and federal, of course. That does not seem like that much to pay but I guess tax folks should know?
Over 1000?! I left there 18 months ago...
..and there were only 300 or so! They hired that many since then?

Ex Recruiter
at 80+ reports a day, you are getting more than 1000 lines in
nm
A $1000 computer is bit different than buying $10
asfd
Two payments of $500 are indeed $1000 in a bonus.
What are you referring to?

Transtech is 1000 x better than Diskriter (nm)

x


Here it is in text - 1000 MTs in US, 600 in India !

Transcend Services: Ranked No. 1 among Georgia's top public companies

Published on: 05/22/08


Ticker symbol: TRCR


Where traded: Nasdaq


Chief executive: Larry G. Gerdes, 59


Headquarters: Atlanta


Business summary: Transcend Services provides medical transcription services to the healthcare industry, such as physician dictation of a medical case. Its market includes hospitals, hospital systems and specialty clinics.


When you go to the doctor or to the hospital, the physician dictates or writes a record of that visit. That report is then transcribed for future use by the doctor or by other doctors. Gerdes talked about the company's success.





Q: What is there about your business or your business strategy that resulted in a Top 10 performance?


A: Mostly fundamentals. But two major initiates we took three years ago had an impact on our margins. We implemented speech recognition technology and last year started seeing the results of that technology. Twenty-five percent of our volume goes through the speech recognition engine and that has increased our margins and efficiency.


We also began, a year and a half ago, sending work overseas – to India – for overnight and weekend shifts, and that has had an impact on our gross margins.



Q: One source of strength for many companies hurt by the domestic economy has been the continued growth of foreign economies. How much of your success was due to foreign sales or investments?


A: We have transcribers in India who handle about 15 percent of the business. But our customers are in the continental United States.


The transcription industry in this country has inadequate staffing or capacity. We have a quickly aging population and as a result we can't handle all the required work. Out of necessity as well as for efficiency [we outsourced to India].



Q: Even if the economy does not sink into a technical recession, analysts see slow growth and weakness ahead for an extended period. What is your forecast, or guidance, for the economy and especially the sectors that most affect your business?


A: We don't give guidance as such but we tell our investors we would expect to grow the company by 20 to 25 percent on the revenue line. We can grow the bottom line at a faster rate than that because of improving margins. We will also contemplate growing the bottom line faster through acquisitions.



Q: What's on the horizon for your company that you can talk about, such as an acquisition, stock offering or buyback, new products, expansion.


A: We are right in the middle of the medical crisis. The electronic record is coming fast now — an electronic record that is available to the patient and the doctor. We [handle] 30 to 40 percent of that record automatically. One of the big cornerstones in the industry is the more efficient use of information, which reduces the redundancy of tests and other inefficiencies in health care that are related to turnaround time in hospitals. The patient is discharged from the hospital and that discharge summary may become the admission summary next time around, or maybe to a nursing home where the information is relevant.



Q: Will the computer eventually take over the job of the transcriber?


A: A big share will be done by computer, but we still have language and speech that will always be a requirement of the medical specialty to edit. The computer can help the transcriber do more. And this is a good career opportunity. These people work from home. They are in total control of their work.


 We have 1,000 domestic transcribers and 600 in India.



–Tom Walker


5.50 per 1000 words @ 5 KS per word
you are typing 5000 KS to earn %$5.50. Based on a 65-character line with spaces, that comes out to approx 77 lines to earn $5.50. 154 lines for $11, 231 lines for $16.50.

At 8 cpl based on a 65-character line with spaces, you earn $6.16 versus her $5.50. You tell me. Is this a good line rate? Looks like smoke and mirrors to me.
eTransPlus is 1000 lines per day. nm

I used to make that $1000 a week but
that was in 1989 or 1990. Wish on.
1000 lines in eight hours??
If a person types that slow then obviously being an MT may not be for them!  I type around 300 LPH and that averages up to a lot more than 7 bucks an hour.