What did you expect when Transcend, the leader in overstaffing, bought them?
Posted By: yup on 2005-08-23
In Reply to: Well let's see, I started my day - MDI-FL (sm)
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Transcend bought MDI, so if Transcend sends work offshore, so does MDI. nm
nm
I believe Transcend bought MDI?
s
Do you think that MDI is the same since they were bought by Transcend? sm
I have thought of going back (left a few years ago and took a few years off after having twins nine months after another baby) but I am worried about that. I have a friend who works there and she is complaining a lot, but she tends to be a complainer so I am not sure what to do.
I also was on clinic notes and prefer radiology. Maybe they are doing more rad. I do remember seeing that they were paying a sign-on bonus.
I am just looking for some answers before I make the wrong move.
There is only one MDI now (MDI-MD). The other MDI in FL was bought by Transcend. nm
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They were bought by Transcend. nm
Transcend bought MDI-Florida....sm
I haven't heard of MDI in Georgia.
No communication. They were bought out by Transcend and it has sm
not been good. I used to love working there but now hate every minute of it. I think that they sold out.
Unfortunately. Transcend bought MDI Florida and now it is as
bad as Transcend. Was the best company out there when it was a smaller privately owned company and Liz was in charge.
MDI-MD? Weren't they bought by Transcend?
x
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.
Transcend BOUGHT MDI, you make it sound like
MDI is actually running Transcend. Liz is expendable if she does not do her job. Liz et AL might own stock in Transcend, but I doubt that they own the controlling interest.
However, neither company has the MT's best interest at heart. They are paying to have dictation by easy dictators done by voice recognition and making sure the rest of us are left with the horrible dictators they have on most of their accounts. I used to think JLG had the lock on bad dictators, but MDI and Transcend have made JLG look good.
Don't you think it's strange that they were bought by Transcend but still call themselves MDI?
When you talk to them, it is MDI this, MDI that, but when you ask about Transcend it become Transcend this, Transcend that. I know that Transcend has contacted a lot of companies and seems to be the next MQ in terms of gobbling up companies. Who's next?
Which is it? No changes since bought by Transcend or lots of changes? It seems that every time sm
someone says that there have been a lot of changes, someone comes on and says there have been no changes. Is this one person saying this? Obviously there have been changes, there would have to be with a new owner.
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 worked for a lady's service who was bought out by Transcend
a few years ago and they offered her a position in the home office. She sold, had the job for a few months and then she was terminated. I know for a fact that Transcend said in a paper article in the Atlanta Journal and Constitution that they outsourced because could not find enough American MTs to do the work. Now what I find surprising is how many complain on here about sitting and waking for work for Transcend. Wonder how that happens?
When Transcend bought the company I worked for we were told they did not do IC, just PT/FT... sm
so this is news to me! Maybe they allow different things for different companies they buy. I also understood a little while after the merger that all accounts would move over to their platforms, but now I am reading that maybe not all of them did with other mergers. I am sorry you all are going through this! I remember how it was thrown on us so quickly too.
Thank you for validating the overstaffing! nm
nm
Tired of companies overstaffing.
Scheduled to work today, so did not make plans, now overstaffed. This is such a shame.
Focus bought by Nuance/Dictaphone, DRC bought by Acusis. nm
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My team leader is the best. She
keeps us informed, always available, and provides more help than any company I have ever worked for.
Are you a team leader? NM
You have a decent team leader.
Mine is not that great and is not flexible.
I followed my MedWare ER team leader
She's awesome and I have enjoyed working for her, and she started about a month ago at MedScribe (Jax, FL). MedScribe has been good, plenty of ER work plus the pay is a little higher, plus I still have PS for a team leader.
You should report that team leader to M.L.
I'm sure that he would take care of that. They are having a hard enough time getting MTs. They certainly don't need a TL who is running them off.
If MTs could trust their team leader or the supervisors
enough to talk to them without getting fired, there would be no posts on here, but you cannot say 1 thing without getting into trouble or getting fired. These boards are only used for venting because we have no other place to go. Deb is a monster so don't even try to talk to her. Team leaders are arrogant and only there to collect a paycheck, not in it to help anyone but themselves. They think they have been elevated to the position of CEO.
How is the trainer, team leader or regional mgr
They've already said that it could be months, maybe even into next year, before all the problems can be fixed. Why would the team leaders or trainers have answers that the technical team doesn't even have, and if they do, why haven't they fixed it for everyone??
Nasty team leader, nit-picky QA, sm
mounds of account specifics and company instructions and I mean 7 binders each 3 inches thick , constant busy signals dialing in to get work, slow PC-company supplied, slow tech support, impossible to make line rate. Dock you big time for errors.
Humans require a leader to guide us.
Or we can lead the pack...if we have leadership qualities recognized by our peers.
hmm..be careful of your confidence among such greed... who will the team leader be?
nm
How professional..signing as KS Team Leader and posting about the ex. sheesh
sm
Then you are a line leader taking what you want to type, the rest of take what your leave, Give me
Nm
I expect I and a lot of others will be also saying bye bye.
:
they can expect all they want,
but you do not have to comply. When they send out their pleading "we need all the team helping on this" move past it. You cannot be productive or happy working 7 days a week for too long. White collar sweatshop is only there if we allow it.
I just have to say this: What do you expect?
A company comes underfire in a public forum by what may well be just 1 employee who didn't make it. There could be many reasons why.
Now, the company cannot name employees but the employee can name employers?
So, why wouldn't you expect an owner to come out swinging? This original post to the thread has nothing wrong in it. I saw the posts that were removed and they should have been.
But you know what? They were not any worse, different, or shocking than the trash that is posted here daily.
While some know how to post appropriately - complain in an appropriate manner still showing some integrity - most do not.
I don't blame her for at least addressing the issue. If MT's don't like employers coming on here defending themselves, perhaps they should consider the ridiculous trash they themselves are handing out.
This is a 2-way street, people.
Don't expect that to last
nm
Expect nothing and you will never be let down (sm)
Some of us got absolutely nothing from our company but personally, I'm just thankful to have a job in this messed up world we live in.
You cannot expect (sm)
to receive more than 7 cpl if you only graduated from an MT school 1 year ago. You are still considered a newbie. Actually, some would say you are lucky to have found a job at all, especially a job that pays 7 CPL. My advice: Stick with your current job for 2 or 3 years; try to work on as many different accounts possible, learn as many different report types possible; then, after 2 or 3 years, search for a company who will pay you a higher rate. I know it is hard to make it on what you are being paid, but we have all been there; it comes with the territory.
If IC, co cant expect you to do ANYTHING for no
x
Expect nothing, get nothing.
nm
Oh come on!! How do you expect her to
stay in business if she isn't making something beyond what she pays the sorry likes of you??
Oh come on!! How do you expect her to
stay in business if she isn't making something beyond what she pays the sorry likes of you?? I think we'll all heard enough from you today and probably for a long time to come.
But why do it if you don't have to? And why expect
others to do it just because you have to? This whole conversation is silly.
I don't expect others to do it because I sm
may or may not do it. I expect others to not knock me or the ones who are willing to change their hours around and do what it takes to get work when there is none. If you have no work and you have no money but won't work when the work is not there because the shift is not to your liking, then why feel sorry for you?
I am glad you have what you want. some of us like it this way or are working this way because the work isn't always there when WE WANT IT.
No, and I don't expect to sm
I just could not hack it anymore. Low work, no work, big push for ASR...I left.
I am starting with another company next Wednesday. I will have the schedule I have dreamed of having. They don't know it yet, but they will have to find me at least one more account to work on because I tend to slurp up a lot jobs. I know they will keep me happy.
I took an interim IC position that is actually pretty good. I kept my very long term PT job all the way through my time with TT and am working it more while I have a bit of a hiatus between jobs.
TT people are very nice, but nice didn't pay the bills. I was suffering physically and emotionally trying to work more hours to make the same amount of money. I have taken a raise over my previous pay, will have benefits and a nice incentive program with my new company. I feel your pain, I have been there!
I'm with you fat cat. I don't expect sm
anything either from anybody. If it comes great, if it doesn't then I probably forgot there was an MT week anyway and don't CARE!
Good grief, there is a week for everything under the planet it seems. Is everyone required to send a gift out for every week that somebody makes up?
I don't know who even started MT week to begin wtih, probably AAMT. Whoever did had to have somekind of a money gimmick. You kind of like Hallmark has a holiday for everything so they can sell cards? AAMT probably did this so they could sell their junk for MT week. Folks need to grow up.
Well, I expect
that since I posted in one of my posts that any member of management who read the post would know exactly who I was, it proved to be true. Too bad they don't have anything to do other than puruse these boards. Otherwise, I expect it wouldn't be hard to find out identifying information for anyone. The more I think about it the more furious I become.
What I just bought
Go to stedmans.com and get the AAMT Book of Style and also the Stedman's Spellchecker CD-ROM. They will bill you for these, and you will be happy that you bought them! You will also love working at home if you can pace yourself and refuse to be distracted, especially with the price of gasoline as it is.
Is all of this because when MQ bought YOG SM
they continued to pay the MT's what they were receiving at YOG, which was more than MT's at MQ made? Now everyone will be making the same amount or less?
I don't work for MQ, so I don't know, this is just what I gathered talking to friends.
They were bought out by MQ. NM
NM
This is the co that was bought by the guy from ddi
that left when MQ bought them
Well, I bought one
and got the reimbursement. I work at home, but I still drive.
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