Actually, the ratios are variable...
Posted By: RCAMT on 2006-07-26
In Reply to: dication min to transcription min - sue
If it takes 20 minutes to transcribe 10 minutes of dictation, that is very fast at 2:1. It is possible for an experienced MT on an account with which they are very familiar, if normals and lots of expansions are used and if no time is spent looking up or verifying any terms. Demographics would throw this out the window as well.
Unfortunately, or rather realistically, the ratio is usually much higher than 2:1. We figure about 6 or even 8:1 on a new account, and as high as 10:1 or more for new MTs or for especially difficult accounts.
Our "average" MT does from 60-100 minutes in an 8-hour shift.
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Variable Income
You are so right. Maybe we need to stick together and ask for hourly wage that is fair to us and to the hospital/clinic/private office, benefits that mean something, and all work our shifts. If some of us don't keep up then we will get fired! However, the rest of us will all benefit immensely and be fairly treated. It seems in the world of transcriptiion that we, the transcriptionists, always get ripped off. Consider that my husband has a "regular job" and has had yearly cost of living increases, bonuses, etc. forever. By my estimation, my pay translated into hourly has gone down considerably. Twenty years ago the hourly offered for our services has never changed one iota and now that we are home not only did it go down (unless we skip lunch and work over) but we have lost all our benefits unless we work for cheap line counts for big nationals. I am tired of them taking all of my money, are you? It is just like the health insurance racket. They have all kinds of "middle men" who get their piece of the action from the people who really do the work. My husband's share we pay for our benefits has gone up, his company's share has gone up and the offerings have gone down. Why? There is no real need for middle men. All they do is drive the cost of things and the real workers get it in the neck or other body parts I won't mention because I am a lady. Face it, doctor's don't even know we exist any more. There is no personal factor. I don't need constant affirmation, but it was nice when the doctors I transcribed for vaguely or not so vaguely knew who I was and respected me and my integrity and realized I made some contribution to their practice by my careful attention to detail. They also remembered that I too worked there when everyone else got a raise. I guess I am done now, but this gripes me so much and we all continue to sit here and type and nothing changes. Somehow others have insinuated themselves into our transcription business and are pocketing all the profits and calling all the shots. Some days I feel like a rat in a wheel.
My rewind is at 900 and 100 with the variable
s
What about the sometimes-variable pay period length??
Twice a month, it's usually 11 working days, but can be a day shorter or longer from time to time....
We have a very generous 125 LPH requirement, which in an 8-hour day would come to 1000. Multiply that by the number of days in the pay period.
We have to average at least 1200 lines per day to make the first incentive bonus level, and it stays at 1200 lines per day regardless of pay period length. I.e. if it were a 10-day pay period, the incentive level would be 12,000 lines. For the usual 11-day pay period, it's 13,200.
My sister works for a hospital in Oregon; they have a 1400 lines per 8-hour day requirement, which comes to 175 lph.
Will be variable depending on the normals and shortcuts you have and how
s
Too many variable. Suggest google and make
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