Home     Contact Us    
Main Board Job Seeker's Board Job Wanted Board Resume Bank Company Board Word Help Medquist New MTs Classifieds Offshore Concerns VR/Speech Recognition Tech Help Coding/Medical Billing
Gab Board Politics Comedy Stop Health Issues
ADVERTISEMENT




Serving Over 20,000 US Medical Transcriptionists

What are top 5 companies size-wise? MQ still largest? nm

Posted By: sm on 2009-05-31
In Reply to:

,,


Complete Discussion Below: marks the location of current message within thread

The messages you are viewing are archived/old.
To view latest messages and participate in discussions, select the boards given in left menu


Other related messages found in our database

I know that MQ and Spheris are the two largest companies. Who are the next ones in the top 10? nm

zzzzzzzzzz


They are probably both medium size companies

People keep talking about mid size companies sm
but which are they? Keystrokes, TT? Are they mid size? That means better? I think it just depends on who you are, how much experience and what platform you end up getting and with accounts going here, there any everywhere, lots of luck.
You mentioned smaller companies, but MQ is the largest, so do you think thousands will be let go?
x
I think the 2 largest companies that do not offshore are Webmedx and Keystrokes. sm
Webmedx is in the $25m range with 750 employees and Keystrokes in the $20m range with 600 employees.

I am not sure about SoftScript or Transtech but I do not think they are bigger than those two.

I know that both have goals to be in the same size range as Spheris. I worked for Spheris in management for a while before coming to my senses and both companies were discussed frequently.

I just hope that MQ or Accusis does not buy either of them. The rumor is that neither will even think of selling but $$$ talks and MQ still seems to have plenty even after losing the lawsuits AND after having a negative income for several years. Not sure how or why, but their pockets are deep, as are those at Accusis.

Thoughts?
Other than the obvious MQ and Spheris, what companies round out the top 10 in terms of size? sm

Which offshore out of those?  I want to go with a big company for a few reasons, but I do not want MQ or Spheris.  I'm also just curious.  It seems like they are very big and the rest are much smaller.  Am I right or just assuming?  Which company or companies do you think are growing and will catch them or close?  Are there any out there that have that potential?  I would love to get in for chance for advancement but not ground level because I want stability.  Easy to know what I want, hard to articulate it clearly.  I have read previous posts, tried to research other sources and want to put together a good list for myself.


As in largest - largest number of MT's -- what is the order of the

Is the Q still the largest ? Is Spheris next ? 


Does anyone have a feel on this subject of late?


Who are the largest? Top Ten? nm
nm
860 yr at the med size
nm
What size?
micro??  I have a micro machine I can get rid of. 
wise
Thank goodness I am not the only one. I do not mind being on top of things, but it just seems anymore like you said that work is trickling in for UC versus where it used to be a good amount even with being up to date. I know we had President's Day last week, but even so we should be back up full steam already. I have a very hard time believing that they only have so much work considering what a huge facility they are.
you are wise to ask.
also, i think companies that have direct deposit are more generally more trustworthy.
You are VERY WISE, old owl.
nm
Wise of you.....
Was a joke when I was there. Got smart and got out!!!!!
you are wise! nm
x
Old and Wise
Thank you for understanding. Things were really crazy last week--lots of family trauma and drama, etc. Guess I was more tired than I thought. Anyway, I am praying that MTDays can find a good solution or catch a break. It makes me sad to see other MTs going through such difficulty. If she were in California, I could help.
What size company?
For the major ones, I can find stock information and all that, but I can't seem to find much on this one.  Anybody know what size they are?
Q is largest with Spheris second.
Q has over 7000 MTs/MEs/QA. Spheris has around 3800 to 4000.


Largest Nationals?
What would you say the top 5 largest national companies are?  Thanks!!
OK, which are better? Don't tell me, "medium size co that
xxx
mid size company
 If you wouldn't mind, I would like to get an email stating the company you work for now.  I plan to stay where I am as long as I can, but I really want to have some options open if things get any worse.  I am a long time MT, educated, hospital experience, at home experience, IC experience.  Thanks.
Font size has nothing to do with it, it is
x
Probably not too much different terminology wise, sm
but, as you know, differ from dictator to dictator. There wouldn't be any pediatrics in internal medicine.
I think that is a wise decision pls r/o
Like I said above, they are nice people, but nice doesn't pay the bills. I had glitch after glitch with Dictaphone TransNet. It was always MY FAULT somehow. LOL It was pretty archaic. One day I couldn't work for almost a whole day because the TransNet would not load up any jobs, but they kept saying it was MY computer and not theirs. Then they wanted to know how late I would be staying up to make it up! (BTW- lo and behold, it was THEIR SERVER at fault! LOL)
I think it is also wise to keep in mind.....
You get what you pay for. Wouldn't you agree? Bottom line, if you want the best, you will have to pay for the best. I can't get a Porsche for the price of a Saturn, unless there is something SERIOUSLY wrong with it. I think if I were in charge I would definitely have to think, what are MY goals as a business owner.
I don't think its wise to be naming sm
your account on this board.
Administrator...I have text set for largest, but

...have to keep the settings in control panel as is for my job.  The text is awfully small.  Would there be any other way to enlarge it, or do I have to make-do?  


I love the site and the changes, too, just find it rather small.  Unfortunately, on my end, I can not change any other settings, and the +/- does not work for me, either. 


Yes - it's the 2nd largest national, begins with S. :) NM
x
The the huge size of MedQuist...
be used to once again make MQ a true leader in the medical transcriptin industry, realizing the value of all employees and the realization that a happy work force is a productive work force.
I agree, size really does matter! :) SM

With a work force mainly at home, it just becomes unmanageable to try and run a well oiled machine and give each MT the kudos they deserve where there are so many of them.  I would settle for a small company any day.  They don't have the luxury of treating good employees badly.  No MQ for me.  As far as contributing, I would contribute mentoring and put my 35 years' experience to use bringing along the next generation.   I would also do away with the 65 character line standardization initiated by AAMT (who have since stepped away from their discovery) and go back to the gross line, which is much more verifiable for billing and for paying the MT.  Lastly, I would educate the powers that be that the MTs are not their cross to bear.  They are, in fact, their bread and butter and they deserve a decent wage, benefits, and respect.  


I seriously doubt they are the 3rd largest. Maybe on another planet?

We know pretty much who the largest companies are. I think the best benefits I have seen have been with TransHealth.  They are reasonable and they have really good healthcare insurance as well as dental and vision.  Most companies just do not care about the benefits for their people. 


3rd largest DOMESTIC employer
Besides MedQ and Spheris, who else has 750 domestic MTs?  And to answer your question before you ask; yes, CyMed really does have that many.  I work in the corporate office and they've been stuffing envelopes for employee Christmas cards and gifts all week.  (Finally getting them out the door on Monday.)
The largest number of complaints (sm)
about companies that I see on this board are for two reasons: 1) Companies that routinely overhire and make everyone fight for adequate work but still insist on line/hour quotas being met; and 2) Companies that don't communicate well -- recruiters that are more focused on selling their particular service than listening to make certain there will be a good fit between service and MTs and supervisors who are quick to send emails to criticize an MT but are frustratingly unavailable when the work volume is low or when MTs have problems that need addressed.
SPi acquires Cymed - becomes 3rd largest Co.
The talk doing the rounds is almost official. At least one senior executive had confirmed the deal. Further details awaited.
That's the size of a passport photo. nm
*
take font size into account too nm
x
Font size should not matter...sm
65 characters per line, if a line is calibrated that way, is 65 characters per line. 
I read that Transcend was the third largest
How could Keystrokes be that big? From what I heard Keystrokes is still midsize. I would say there are plenty larger than them. Also Transcend has several divisions, which I do not believe is similar to Keystrokes at all.
Okie dokie. You got it, old wise one!
Might want to come back down to the real world and have some fun. Enjoy life!!!
yes they do, everything you need computer wise they supply. sm
very friendly user platform, pay always on time and correct, great bosses, great benefits, great sound quality, great QA people, all around a great place to work. Come on over to Webmedx. You will be glad you did.
Well, it sounds good pay wise, but (sm)

if you are not used to working the night shift, you may have difficulty.  It always sounds good, like, I'll go to bed when I get home, but in reality, do you go to bed now when you're done working?  Probably not.  It may take you several hours to unwind, if you are like me, and by that time, you would have to be up with your daughter.  I have seen several people over the course of my MT career try to do nights when they are not night people and it always ended up badly.  Not to say it won't work for you, but just keep this in mind. 


I think that is great. Very wise choice.
xx
It can be a toss up money-wise...
I made great money as an MT, and then went to QA. When I left QAing I was at 20/hour.  I used to make a lot more $$ MTing. The benefits of hourly are that you know what you are going to make, and $20 an hour was OK for me.  However, I hated QAing. As the other poster stated, it was so not worth the horror of the entire job.  No $$ can make up for the psychological damage of QAing when MTs are geared to hate you.  I also could not stand fixing up other's work, etc., and listening to nothing but the bottom of the already slimy barrel.  Maybe it was just the company I was with, but the MTs just didn't give a darn anymore, and QA got stuck with just a mess and mgmt didn't care.  Very stressful job.  Returned to MTing and $$ is about equal now, but I have the joy of MTing back again, which is priceless.  I looked for other QA jobs for a while, but heard that most pay by the line now, which is totally not worth it in my experience.  MTs most times are underpaid, and I think QA all the time are underpaid! LOL.  Good luck in your search.
for your wise and sagely advice NM
NM
You are wise not to trust Transcend
Look where trusting MDI got all of us......
Sorry, but not according to one of the largest financial insitutions in this country.
They totally disagree with what you say. I have talked to them in depth
silly wabbit, take a look at the CEOs of the largest
The MT industry IS male- dominated. The ICs and small mom-and-pop MTSOs may still be predominately women, but when the higher echelon of the larger companies are in fact males...well, you just don't come off sounding like you have it all together. Additionally, most of those male-dominated large MTSOs have sunk huge amounts of money in offshore facilities/employees. Our government has made it lucrative NOT to do business in the US.

About this work stoppage thing and organization efforts you advocate, you must not be well read in MT circles on the 'net. There have been some serious people making serious efforts to organize the MT industry and time and time, these efforts fail. The biggest reason for this failure are anonymous message boards like these (no offense to the board owner/administrators) because people don't want to put their name behind what they say, don't want stand up for what they say. There are too many people who simply want to keep their jobs. I DO believe that if the US MTs collectively stopped working for a week, services WILL find alternatives and there will be loss of jobs. Remember the air traffic controllers? Best example I can offer.

I could go on but I got weary from reading your post as I have seen it time and time again, and unless you personally are willing to stand up and organize it, why are you stirring the pot?

Milton's Red Stapler
Can we change the font size without changing

the appearance of the document font/size when it goes to the client. This is a Word-based program, and I know QA has asked me not to send with View size changed, so it must stay at 150% (or whatever size) when you change it in the document.  Thanks for your help.


Work night shift and eyes are tired by the end of the day.


No worry at present. As an IC for a mid size company...sm
I always submit my invoice using one of the accepted line counting softwares out there. Never a discrepancy on my invoice and paid in one week or less after submission of my invoice. Fortunately, I work for a company who values their MTs and pays quite fairly. I asked the question only out of curiosity. I only wanted more information regarding the MT platforms for future use. No plans on going anywhere for now, but one never knows in this industry.
Wow, Will that then make Spheris the largest company?
nm
OSI reduced header/footer size but still keeps
@#$%