and scoff all you want... my half million house says it all.
Posted By: i didn't say i worked for 1 company on 2005-11-01
In Reply to: 100,000/year - no way. I charge $35/hour and work 10 hour days - sm - puuhhhleeeaaassee
xx
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Do you work in-house here? I applied last August & was told in-house only and they weren't
s
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.
That's about 17 million more than he's worth. nm
x
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.
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?
They only pay half, so if you were
say 8 CPL, you would only get 4 CPL. I am not doing ME for them but you would have to do twice as much to make the same money. I have already decided if they try to force me into it, I will move on.
Half
A lot of companies like mine pay half. If I had to do ASR full time for that price, I would go to work at a store or something easy.
about half. However, you might be one of those sm
people who really excels on ASR once you get going on it and figure out ways around it. I know people who now prefer ASR and are making more than they did with regular and don't want to go back to regular. Keep in mind you have to do 2.5 to 3 times the lines on ASR as regular to recoup what you were doing on regular. Some people can do that, I can't, because I read too slow. Even with ASR, it's all in the macros/shortcuts. 1200 lines a day at 10 cpl is $120. You'll need 2600 ASR lines at 0.045 cpl to get $117. Can you opt to do both regular and ASR?
one-half cent
nm
I'm a little confused. Do you mean 3/4 of a cpl or 7 and a half cpl? sm
Because if you are meaning 3/4 of a cent per line that seems REALLY low. Maybe I'm just reading your post incorrectly. 
I got mine within about a day or a day and a half.
s
I was only there a year and a half, but
did the same, got a secondary job as an IC back in August when things were crazy with the 15 different CPs I was making NO money and was so frustrated! Before that, I was at the same hospital for 11 years and only left cause they went over to MQ. I am still keeping my IC job, I love it! But am doing 40 hours for KS. Training was today, kind of confusing after working on DQ, but I'm sure I'll get it. Smart move, I hope you find the new job much more profitable so you'll be able to switch over for good!
I was only half joking s/m
I've always worked so I'm sure that I'll continue to make extra money. We, as MTs, have more talents than we usually give ourselves credit for. For one thing, I have a website http://www.ozarkmountainmemories.com that right now is used for a nonprofit event but by the first of next year or so I expect it to be making money. I never thought I could build a website and it took me awhile but I got 'er done!
No, half of what you make as an IC does not
go to taxes, but 30% is a good percentage to work with at this time, but that is likely to change with a Democratic president. Not trying to make a political statement here, just state facts. As an IC, you will have deductions you can take, home office expenses, a percentage of your utilities based upon the square footage of your home office, any expense that has to do with your business, DSL, extra phone lines, etc.
This job is going to the dogs. If you read the ads on the boards, most of the big nationals are nothing more than sweat shops these days, trying to get blood out of a turnip, and paying less and less and giving nothing in return. Oh, they say they offer benefits, but you can't afford them. Not to say that they can make it more affordable in these economic times, but the fact remains that they are in business to make a buck, and they are making their big bucks on the backs of transcriptionists. They expect sacrifice, but it is YOUR sacrifice they want, not theirs. That is evidenced by the fact that you, the MT, will work on the weekends, you will neglect your family, you will have no life, and they don't give a rat's patootie. I remember when we didn't work weekends or holidays. Don't give me this 24/7, 365. THEY, the muckety mucks DON'T work weekends. When they negotiate contracts, they sell your soul to provide 24-hour coverage, but their big asses are at home on the weekends.
I am an IC because I cannot stomach working for a national that wants my blood, my children's blood, and my life sitting and waiting to hopefully grab a job and if I don't have work today to stay up 24 hours so I can make line count to keep my benefits! Benefits???? What benefit is there for me and my family working for these companies if I never see my family, never have the time to take a leisurly day to do the things that normal families do, going to a ball game, a movie, having their friends over for a cookout, going to church together, sitting and watching a DVD together?
I am afraid we have allowed this to happen to this profession. We bowed to their demands of Tue. thru Sat. or Sun. thru Fri. We accept poverty-level wages. We say it is okay that our benefits are based on our production, but when we don't have work, we don't scream and yell when they take away our benefits.
You know, unions were created because of just such conditions. These companies are taking advantage of us, and if you don't think so, just look at the demands being made if you apply and are one of the chosen ones.
Lord help us all. When the economy really tanks (quite soon, I'm afraid), you'll see them drop like flies, all of them, to 3rd world countries. You think they care about the American MT? Heck no. They only care about themselves.
not paid the second half
Ok, about a month ago, I posted about a service who would not answer emails, phone calls, about paying me what was owed. She paid me less than half of what she owed, and now I have waited patiently to get the balance and once again she will not answer emails or phone calls. She is blatantly ignoring me. I emailed her and asked her WHEN she plans to pay me. She has in her contract that she pays twice a month when the docs pay her. Well, this is going into the 3rd month now. I have gotten that ONE check which was less than half what she owes. I no longer work for her, as she locked me out of her system when I kept emailing her. (GO FIGURE!), who would want to work and not get paid anyway!
I have tried to work with her and give her the benefit of the doubt, but at this point, I think that I am going to have to take other measures.
What is the other half of the company?
Signed on contracts like hospitals and stuff? I'm not following what you all mean. If it covers it for now does that mean lay offs might happen?
Thanks Travelin! I think half the sm
battle is finding the fit for you! Not every company is for everyone.
Yea my job offered me less than half....
of my salary accompanied by the e-mail saying how I would be getting 3 times my lines with this wonderful VR system. I'm not overly concerned because it is my part-time job. I barely make any money with them anyway, so I will take the opportunity to learn it and just see how it goes I suppose. It's ridiculous though.
Oh heavens. Sorry about that. Half awake. nm
NO, you are wrong. They deduct half of the 15%
the other half. So 7.5% is deducted from your check, then they pay the other 7.5% themselves. My company does not withhold any federal or state taxes, only 7.5% for SS and then Medicare tax.
If half of these companies were worth
a rat's butt, there would be no need to hop.
I hopped right into a fine job paying 14 cpl, so I say hop away.
Plus, your line rate is up to half of what it
would be transcribing and there are so many corrections since the machine has no brain like a human does and spits out all kinds of crazy things. It wastes one's timI with all of the correcting. I feel it is INDEED a big threat.
Can't even get half of that with my current company...
:(
bout a year and a half ago
been awhile.
Yes, and if they are in a bind they PAY time and a half, so (sm)
what is your problem?
Excuse me. I didn't even put half a name
/
They pay half and it is really, really good insurance. nm
nm
Same experience. Half the pay for doing work that would take
x
We're not even getting half rate.
Our company is going totally VR on all accounts and we're going to 3.5 cpl. Adding insult to injury is that the accounts haven't been on VR yet, so we get to train the system. I don't plan on staying long.
you said 446 for half an hour of VR LINES SO... DUH....SM
I just did x2. I don't care if you typed after that, it still would be doubled for an hour. this is REALLY idiotic all right and I'm not wasting any more time on you. You already lost credibility by saying you type 130 wpm and would rather VR. Simply a lie miss L.
No, you didn't. It's still there about half way down the first page here.
nm
So, Transcend pays half of MT rates for ME?
@@
I get half the number of reports I request each sm
download, and then I have to call and ask for more work. Of course, then I have to wait for it, sometimes it never comes in, and I give up after waiting 45 precious minutes. Could this be why there were problems with TAT--that MTs weren't getting the work DURING THEIR REGULARLY SCHEDULED WORKDAYS??
The OP could have been me posting. I voiced my sadness to this company using the very same words.
I am sick about this.
I won't be defending this company here anymore, either. I've found that indifference helps to mend wounds such as these.
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