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Serving Over 20,000 US Medical Transcriptionists

whatever did happen to Transcription Limited?

Posted By: moving on on 2007-04-07
In Reply to: Transcriptoin Unlimited - KIM

They had a cool platform. Super transcriptionh friendly unless they changed it. All you had to do was type.


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No, I am not limited. I can do it all.
nm
Transcritions Limited
If this is the way it's spelled, it is now Medquist. I started working for them when they had the old name.
Limited Info

I currently work for Precyse.  I'm sorry that I cannot help with insurance because I do not puchase their health care, but do have disability through them and great dental. 


Financially, no complaints here.  Always meet my bonus, always have work (working nights) and checks are always accurate.  Just got a raise---now there is a switch, never happened at any other national without pulling teeth.  As always, I can only speak for myself.  


I have absolutely no plan to go anywhere else.  Been with the company 3+ years (they are only 6 years old).   


Limited to 8 hours a day (sm)

Does anyone know how strict these companies are that only allow you to work 8 hours a day?   - Why do some companies allow you to work as much as you want?  Don't get it.


Limited experience here
but when I was paid by the minute it was $1.50 per and that was several years ago for Radiology... it was very fair. There was only one doctor who dictated a mile a minute and was difficult to understand as well. You can gauge your earnings by asking about the dictators style, etc., and volume. Hope this helps - $1.50 may be on the high side ??
That was keep emails LIMITED.
a
only limited comment
I applied to USAMedical. I have over 15 years of experience and they were only offering 7 cpl with that! Have no idea of whether or not they are a good company to work for though.
No matter what co., If you are limited SM
in the kind of work you can or will work on, you're going to run out.  Simple as that.  You have to be able to do all kinds of work, all kinds of dictators.  If you don't value yourself enough to make yourself valuable to a company, then you will be running out of work no matter what company you work for.
Unfortunately, your days are probably limited..

That was my experience. At first, things were business as usual, but then all of a sudden we were told that we had new managers who would be calling to get acquainted. By acquainted they meant telling us how things were now going to be run. By this time, all of the easier dictations had disappeared anyway (like the others explained, we had trained in our replacements). So at this point, you can either accept their way of doing business or leave.


What really upsets me the most is that we as transcriptionists have let these 'businessmen' steal our profession from us. They got into this business because they saw there was a profilt to be made. We are just a 'unit' to them. Now that hospitals and clinics are forcing them to lower their line rates, they have to start charging 10 to 11 cents per line instead of 13 to 14 cents a line. Where do you think they're going to make cuts? That's right, with us.


We should really start undercutting these big companies (I could live very well on 8 cents a line for a while--long enough to stick it to the big sweatshop companies). Wouldn't that be sweet to run them out of business and take our profession back?


But I digress. In answer to your question, I don't know what they are going to do in your situation. With 350 employees, it probably will take a litlte longer for them to organize, but their goal is to offshore everything they can, so if I were you, I would start looking now.  Good luck to you.


They said that the IC positions are limited
and they would need to know the reasons why we want IC.  It sounds to me that the decision regarding IC status would be theirs, not ours.
Just so you know - the subject is a limited field. SM
If you hit Post Quick Reply, put a little bit of text in the subject, SM for see message, and then put the rest in the box below.

Just trying to be helpful!
Could you do all work types, or were you limited?nm
nm
are you limited on what type of reports to do?
That could make a difference. I never run out of work, but I do all work types.


Limited Liability Company

.


LLC = Limited Liability Corporation - nm
/
LLC - Limited Liability Company
Limited Liability Company

A noncorporate business whose owners actively participate in the organization's management and are protected against personalliability for the organization's debts and obligations.

The limited liability company (LLC) is a hybrid legal entity that has characteristics of a corporation and a partnership. An LLC provides its owners with corporate-like protection against personal liability. It is, however, usually treated as a noncorporate business organization for tax purposes.

History

The LLC is a relatively new business form in the United States, although it has existed in other countries for some time. In 1977 Wyoming became the first state to enact LLC legislation: it wanted to attract capital and created the statute specifically for a Texas oil company (W.S. 1977 § 17-15-101 et seq., Laws 1977, ch. 158 § 1). Florida followed with its own LLC statute in 1982 (West's F.S.A. § 608.401, Laws 1982, c. 82-177 § 2). At this point states had little incentive to form an LLC because it remained unclear whether the Internal Revenue Service (IRS) would treat an LLC as a partnership or as a corporation for tax purposes. In 1988 the IRS issued a ruling that an LLC in Wyoming would be treated as a partnership for tax purposes. This allowed the taxable profits and losses of an LLC to flow through to the LLC's individual owners; unlike a typical corporation, an LLC would not be taxed as a separate business organization. After the 1988 IRS ruling, nearly every state in the United States enacted an LLC statute, and the LLC is now a widely recognized business form. Many legal issues concerning the LLC are still developing.

Formation

State law governs the creation of an LLC. Persons form an LLC by filing required documents with the appropriate state authority, usually the secretary of state. Most states require the filing of articles of organization. These are considered public documents and are similar to articles of incorporation, which establish a corporation as a legal entity. The LLC usually comes into existence on the same day the articles of organization are filed and a filing fee is paid to the secretary of state.

The minimum information required for the articles of organization varies from state to state. Generally, it includes the name of the LLC, the name of the person organizing the LLC, the duration of the LLC, and the name of the LLC's registered agent. Some states require additional information, such as the LLC's business purpose and details about the LLC's membership and management structure. In all states an LLC's name must include words or phrases that identify it as a limited liability company. These may be the specific words Limited Liability Company or one of various abbreviations of those words, such as LLC or Ltd. Liability Co.

Structure

The owners of an LLC are called members and are similar in some respects to shareholders of a corporation. A member can be a natural person, a corporation, a partnership, or another legal association or entity. Unlike corporations, which may be formed by only one shareholder, LLCs in most states must be formed and managed by two or more members. LLCs are therefore unavailable to sole proprietors. In addition, unlike some closely held, or S, corporations, which are allowed a limited number of shareholders, LLCs may have any number of members beyond one.

Generally, state law outlines the required governing structure of an LLC. In most states members may manage an LLC directly or delegate management responsibility to one or more managers. Managers of an LLC are usually elected or appointed by the members. Some LLCs may have one, two, or more managers. Like a general partner in a limited partnership or an officer in a corporation, an LLC's manager is responsible for the day-to-day management of the business.

A manager owes a duty of loyalty and care to the LLC. Unless the members consent, a manager may not use LLC property for personal benefit and may not compete with the LLC's business. In addition, a manager may not engage in self-dealing or usurp an LLC's business opportunities, unless the members consent to a transaction involving such activity after being fully informed of the manager's interest.

Operating Agreement

Nearly every LLC maintains a separate written or oral operating agreement, which is generally defined as the agreement between the members that governs the affairs of the LLC. Some states call an operating agreement regulations or a member control agreement. Although some states do not require an operating agreement, nearly all LLCs create and maintain a written document that details their management structure.

The operating agreement typically provides the procedures for admitting new members, outlines the status of the LLC upon a member's withdrawal, and outlines the procedures for dissolution of the LLC. Unless state law restricts the contents of an operating agreement, members of an LLC are free to structure the agreement as they see fit. An LLC can usually amend or repeal provisions of its operating agreement by a vote of its members.

Membership Interests

A member of an LLC possesses a membership interest, which usually includes only an economic interest. A membership interest is considered personal property and may be freely transferred to nonmembers or to other members. The membership interest usually does not include any right to participate in the management of the LLC. Accordingly, if a member assigns or sells a membership interest to another person, that other person typically receives only the right to the assigning member's share of profits in the LLC. Persons who receive a membership interest are not able to participate as voting members or managers unless they are admitted as new members.

State law and an LLC's operating agreement or articles of organization provide the circumstances under which a person may be admitted as a new member. These circumstances vary. Usually the admission of a new member requires the consent of existing members, and in most cases the consent must be unanimous. In some cases the articles of organization do not allow for admission of new members. In others the recipient of a membership interest may be automatically admitted as a new member.

Member Contributions

Members of an LLC contribute capital to the LLC in exchange for a membership interest. There is no minimum amount of capital contribution, and members usually can contribute cash, property, or services. By default, the total amount of a member's capital contribution to an LLC determines the member's voting and financial rights in the LLC. In other words, unless an LLC's operating agreement provides for a different arrangement, the profits and losses of the LLC are shared proportionally in relation to the members' contributions to the LLC. For example, if a member's capital contributions constitute 40 percent of an LLC's capital, that member typically has a 40 percent stake in the LLC and has more voting power than a member with a 20 percent interest.

A member may promise a future contribution to an LLC in exchange for a membership interest. If the member later fails to make the contribution, the LLC generally may enforce the promise as a contract or sell the member's existing interest to remedy the failure.

Distributions of profits or assets to members are usually governed by an LLC's operating agreement. Most state LLC laws do not require distributions to members other than when a member withdraws or terminates membership. Members vote to determine all aspects of distributions to members, including amount and timing. Because a member's share of any distribution or loss depends on the member's share of all capital contributions to an LLC, the LLC maintains records of each member's capital contribution.

Liability

State LLC statutes specifically provide that members of an LLC are not personally liable for the LLC's debts and obligations. This limited liability is similar to the liability protection for corporate shareholders, partners in a limited partnership, and partners in a limited liability partnership. Under certain circumstances, however, a member may become personally liable for an LLC's debts.

An individual member is generally personally liable for her own torts and for any contractual obligations entered into on behalf of the member and not on behalf of an LLC. In addition, a member is personally liable to a third person if the member personally guarantees a debt or obligation to the third person. A person who incurs debts and obligations on behalf of the LLC prior to the LLC's formation is jointly and severally liable with the LLC for those debts and obligations.

Members may also become personally liable for an LLC's debts or obligations under the piercing-the-corporate-veil theory. This doctrine imposes personal liability upon corporate shareholders and applies primarily if a corporation is undercapitalized, fails to follow corporate formalities, or engages in fraud. Although the law of LLCs is still developing, piercing the corporate veil is likely applicable to an LLC that fails to follow the legal formalities required to manage the LLC. LLC statutes in Colorado, Illinois, and Minnesota specifically apply the corporate veil-piercing theory to LLCs.

A member is generally considered an agent of an LLC and thus may bind the LLC for the debts and obligations of the business. When a member has apparent or actual authority and acts on behalf of an LLC while carrying on the usual business of the LLC, the member binds the LLC. If a third person knows that the member is not authorized to act on behalf of the LLC, the LLC is generally not liable for the member's unauthorized acts. Some states also limit a member's authority to act as an agent of an LLC.

Records and Books

Many LLC statutes require an LLC to maintain sufficient books and records of its business and management affairs. This requirement varies from state to state. The books and records generally detail the members' contributions to the LLC, the LLC's financial and tax data, and other financial and management information. Like a partnership's books, an LLC's books generally must be kept at the LLC's principal place of business, and each member must have access to and must be allowed to inspect and copy the books upon reasonable demand.

Taxation

The IRS generally treats an LLC as a partnership for federal income tax purposes. The LLC's members are taxed only on their share of LLC profits. Any gains, losses, credits, and deductions flow through the LLC to the members, who report them as income and losses on their personal tax return. The LLC is not taxed as a separate entity unless it fails to qualify as a partnership for tax purposes.

The IRS will examine a state's LLC statute and an LLC's operation to determine whether the LLC qualifies as a partnership for tax purposes. Essentially, if the IRS determines that the LLC resembles a corporation more than a partnership, the LLC may not qualify as a partnership for tax purposes. Under IRS regulations, an LLC must lack two of four recognized corporate characteristics before it will be treated as a partnership for tax purposes. These characteristics are limited liability, centralized management, free transferability of interests, and continuity of life. Because every LLC protects its members' liability, an LLC almost always possesses the characteristic of limited liability. Therefore, the IRS's analysis usually focuses on the last three characteristics.

Centralized Management

A business organization has centralized management when one or more persons have exclusive authority to manage its day-to-day conduct. Most LLCs lack the corporate characteristic of centralized management because most state LLC statutes provide that members manage the LLC directly, and LLCs that do not have separate managers lack the corporate characteristic of centralized management. However, some states require LLCs to have one or more managers to manage the LLC. If an LLC's operating agreement or articles of organization require each and every member to be a manager, the LLC likely lacks the corporate characteristic of centralized management. If, on the other hand, the members designate nonmembers to manage the LLC or designate member-managers who do not own a substantial portion of the LLC's membership interests, the LLC may possess the corporate characteristic of centralized management.

Free Transferability of Interests

A business form possesses free transferability of interests when one of its owners essentially has the power to substitute another person as a new owner of the business. Most corporate shareholders, for example, may sell their shares freely and thereby transfer their ownership interest to another person, without the consent of other shareholders. A member in an LLC, however, generally may not substitute another person as a new member unless the existing members agree to the substitution. A member typically has the power only to assign his economic rights in an LLC. Thus, members of an LLC lack the ability to freely transfer substantially all of their interest in the LLC.

Continuity of Life

Continuity of life essentially means perpetual continuation without regard to the withdrawal, expulsion, or death of any member. Most state LLC statutes provide for the dissolution of an LLC upon the death, disability, bankruptcy, or withdrawal of a member. Accordingly, most LLCs lack the corporate characteristic of continuity of life, unless their operating agreement substantially changes the effect of a member's withdrawal upon the continued existence of the LLC. Many state LLC statutes also limit the duration of an LLC to thirty years, but this limitation does not affect the IRS's determination of whether an LLC lacks continuity of life.

Member Withdrawal

Members may withdraw from an LLC unless the operating agreement or articles of organization limit their ability to do so. A member must usually provide to the LLC written notice that she intends to withdraw. If a withdrawal violates the operating agreement, the withdrawing member may be liable to the other members or the LLC for damages associated with it. State law frequently sets forth the circumstances under which a member may withdraw from an LLC. In many states a member may withdraw only if she or he provides six months' written notice of the intent to withdraw. In a few states, an LLC cannot prevent a member's withdrawal.

A member who withdraws is usually entitled to a return of his capital contribution to an LLC, unless the withdrawal is unauthorized. Some LLCs instead pay a withdrawing member the fair market value of his or her membership interest. The operating agreement typically provides for the method and manner of payment of a withdrawing member's interest. State law also governs those issues.

Dissolution

Dissolution means the legal end of an LLC's existence. In most states an LLC legally dissolves upon the death, disability, withdrawal, bankruptcy, or expulsion of a member. These occurrences are generally called disassociations. Other circumstances that bring about dissolution include bankruptcy of the LLC, a court order, or the fulfillment of the LLC's stated period of duration.

Most states provide for the continuation of an LLC after the disassociation or withdrawal of a member. Continuation after a member's disassociation usually requires the remaining members' unanimous consent. Some states require that the articles of organization or operating agreement allow for the continuation of the business after a member's disassociation. Some states allow an LLC's articles of organization or operating agreement to require the continuation of the business after a member's dissociation even if the remaining members do not provide unanimous consent.

If an LLC dissolves, state law and the LLC's operating agreement usually outline the process for winding up the LLC's business. In this process the LLC pays off its remaining creditors and distributes any remaining assets to its members. The LLC's creditors receive priority. Although members may be creditors, they are not creditors in determining the members' distributive shares of any remaining assets. After the LLC pays off its creditors, and only then, it distributes the remaining assets to its members, either in proportion to the members' shares of profits or under some other arrangement outlined in the operating agreement. After an LLC winds up its business, most states require it to file articles of dissolution.


Your experience may be more limited than the other posters
The other posters were on the money. If you have worked on at least half of the accounts, you would see that most of them are primarily ESL, there is one where native English is the exception and rare, 2 that ESL exclusive.

There have been occasions where work was lean for everyone and those not meeting line counts were sent certified letters to make their line counts or there would be consequences...how can you make line count if the work is not there and then be punished for not making line counts?

Search this site for some time in June or May and there is more about TH.
Point taken, but for some options are limited
That's one of the reasons I hate how judgmental some posts are (not you, per se, but in general). Above is the post telling the non-working TT'ers to go get 2 or 3 jobs, whatever it takes to make ends meet. And that's what I'm doing. I live rural- the Walmart is 34 miles/45 minutes away. There are a couple of jobs in town (15 miles away). In addition, depending on the work, even at slave wages for transcription, I would still make more than the town jobs pay, not to mention the added expense for gas, work attire, etc.

So I understand your point and it's valid, but there is a divide between what some people say (with your knowledge of the wage of a Walmart greeter, perhaps you?) about working 2-3 jobs if necessary and holding out for the wage that MT is truly worth.

Frankly, there are some that would look at one's decision to work for Walmart as a bad moral choice, too, considering what they've done to local wages and small mom-n-pop enterprises.
I have limited op note experience...sm
and I fake it....I can do the work, just takes me a little more time looking things up, and i also HATE OP notes, but If i need a job all i see are acute care.....then I fake it...
Just to clarify. I am limited in the number of fields ....sm
that I have experience in.  There are areas of this profession that I know very little/nothing about.  I do not pretend or present myself as having it all. However, I am well trained in the areas that include my clients. 
I've been limited to 6 hours/day per ortho doc sm
orders due to traumatic arthritis of hands from typing--an example of how the ground can be pulled out from under an MT.

Loved your answer -- limited vocabulary

Never really thought about it, but you are right.  They do have a limited vocabulary.  That's probably why their reports sound so funny, because they don't know the correct term to use and just use the closet term they can remember. 


Your post cracked me up.  Thanks again gourdpainter!


It can be done for limited people. And they quit allowing
Yes, I'm sure, not for YOUR account.

I do believe $50,000 may be possible for many at MQ, but not for Spheris and if Spheris finds out they are paying more than a few MTs $50,000, they will no doubt lower rate of pay again.
This was a limited poll. Post your comments on

the Initiative web site, which I cannot post here because they keep deleting it, so ask around.


The more voices that are heard, the more input received, the more realistic the figures will be.


The person that posted that there are union MTs making $28 hourly with full benefits must have typed that during cocktail hour.  It's not happening any where, especially not for at-home MTs who are paid by production and paid nothing when there is no work.


Acute care experience is limited...

BUT I want to apply for a position in acute care.  I have experience in everything except for operative reports and I am wondering if I should lie and tell the company I have this experience just to secure the position.  I know I can do it because I am resourceful, but is it worth it?  Should I be upfront about my experience or just wing it?  Is acute care really that much harder than clinic?  I pretty much aced the acute care exam, but wondering if my lack of experience will hurt me in the end.  Hm...


Thanks for any advice you may have!


Acute care experience is limited...

BUT I want to apply for a position in acute care.  I have experience in everything except for operative reports and I am wondering if I should lie and tell the company I have this experience just to secure the position.  I know I can do it because I am resourceful, but is it worth it?  Should I be upfront about my experience or just wing it?  Is acute care really that much harder than clinic?  I pretty much aced the acute care exam, but wondering if my lack of experience will hurt me in the end.  Hm...


Thanks for any advice you may have!


I am STILL finding VERY LIMITED information.... some URLs please?
Why so mysterious?  Where are the URLs to these sites?  I am not able to find much at all, except two people who did not like the Louisville branch. 
Form an LLC (limited liability corporation) if you are an IC by filing legal paperwork SM
that way no one can sue your personal assets away, only those of your business entity, even if it is only your IC company in your name. This can be done through a lawyer or at companies such as legalzoom. this limits your liability and protects your personal assets. otherwise, they can take away all your assets, including your joint assets of your spouse.
In my limited jobseeking experience I'm finding I only get to learn line rate after I spend hours
.
I don't think that could happen at....
Heartland, only because they already have 2 Indian facilities plus a domestic team? Do you think?
It can happen anywhere...
We were told so many lies by the woman who owned our company, who stayed to run it after she sold it.  And the lies told by the company who bought the company were just outrageous.  I never would have believed this could have happened, or that the former owner would have become so dishonest and manipulative.  It was to the point where no one in the company trusted people we'd known and worked with for years.  It was really awful and it can happen in any company.  I hope it doesn't happen to you at Heartland but look at what's gone on there in the past few years.  How much turnover has there been in upper management?  If the president, who founded the company, was fired, why do you think anyone at the parent company cares about you?  They care about one thing and that is $$$$$$$$$.
When did this happen??
I have been with them for quite a while and have not heard anything yet.  Would not surprise me though....I'll have to think about whether to cooperate with this or not.  I already know I'm nuts....ha :)
That did happen....

.....at the end of 2004 into 2005 that did happen with my company.  It was not an issue of the company not being able to pay, they were trying to get set up with direct deposit at the time.  I was a fairly new employee and my first check arrived without problem.  My second and third ones did not arrive but when I brought it to their attention, they immediately wired the money to me.  Once all the paperwork and computer set up was taken care of for direct deposit, we've had no trouble since.  I was rather upset and concerned at the time too, but the people were so down to earth and kind I just knew they would make it right and they did.


If you'd like to email to see if we are talking about the same company, please feel free.


Will NEVER happen
xx
Does this happen often??? because
I was going to use their online application to apply for a job today!
Unfortunately, what seems to happen
on these boards is that certain people feel that it is their way or no way. We are all entitled to post our opinion about a company. I personally would prefer to hear all of the comments, good and bad. I won't base my decisions on what others say but will certainly pay attention to what is said. There is no point in any one getting offensive. If you don't like what is said about your company, then don't read it, but just because you don't like it does not mean that it is a false statement. We each have the right to express our opinion on this board; that's what we do and there is nothing preventing you from not reading it. There is no point in beating the issue to death.
Did this happen to all QA
@@
Did this happen to all QA or just a few
@@
Would you happen to know if (SM)

you must use their computer euipment?  TIA. 


Does this happen often?
I just started with TT and so far I haven't run out yet, but I'm only part time. I was thinking about going full time, but not if there isn't any work to do.
,,,it can happen. nm
s
When did this happen? sm
When I was there they only had one plan that was hugely expensive and no one bothered to ask if you wanted to sign up, although perhaps they assumed (rightly so in my case as a newbie) that one would not be able to make the minimum lines in 30 days.
How did that happen?
xx
had this happen too
first time gave the benefit of the doubt, they replied to my second email regarding the test saying someone else did better - then sent another test needed back right away - and lo and behold someone else did better but did I want to test again on yet another account. I called them on it - and even questioned here about this particular company but no one said a word except of course some people who worked there for years although I never heard of them before. Wonder if it is the same company??????
did you happen to
a job with DSG, Presynct (CMT Corp), OSi, or Transcend? I wish someone would be willing to give me helpful info about these companies.
not going to happen
Acusis US does NOT outsource to India.  The account they are taking from us will not allow them to outsource to any country but the the good ol' USA.
Would you happen to know
Is there a way to put a backspace before a ShortHand entry? For example a backspace before -year-old female? Thanks for any help--very appreciated.
Had the same happen..
Have vonage phone line (not cable) and same thing happens.
Like that is really going to happen. nm

Here is what I think will happen
Qualified US MTs will leave the profession due to low pay which is the result of EMR and VR. The clients who want quality will be left with overseas transcription companies. They will find that unacceptable and will come back looking for those qualifed MTs who left the profession and offer more money. It will take a while but this is what I see happening. Just my $.02 worth.
Did something happen
to make you think you are being let go? I had a friend that was just let go last week. She got an email from the Manager asking why her phone call wasn't returned. She never received a call, nothing on the caller ID or voice mail. When she emailed the manager back, you got an email saying she was being let go because she didn't return her phone call, what the heck?? I wouldn't have believed it if I hadn't seen the emails myself. I saw below where someone else was laid off from the same company recently, so maybe she is just using different tactics - crazy!!