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Agree completely.....money making scheme....

Posted By: nm on 2008-09-03
In Reply to: Here is why they're trying to force 'certification' - In a NUTSHELL - (sm)

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Make money? I'm not making any money because of my decision. You read my reasoning
You can agree with me or not, but don't make false assumptions please.
You realize by doing that they're making more money & you're making less? You should reconsid

Making money with VR

Any of you who do this, how in the heck do you make any money? I accepted a job with a company for 4 cpl for VR, but I nearly have to type the entire reports over.  I was doing it part time and it takes so much time that I figured out I am only making 5.00 per hour.  What's the average rate for this?  I  gave it up, it's not worth it for the line rate, considering I was editing typed transcription as well that came back from India and it was just as bad and took just as much time.


 


 


making money?

I think the only way we newbie MTs can make any money is to make it ourselves, like counterfeiting. 


I consider myself still a newbie at almost 2 years of nearly full-time working at home with IC status.  Love my company and enjoy my work; it is mainly VR and 3 cents per line.  I am rather slow because I keep double checking everything, but on a good day at 8-10 hours and 800 lines I will make $24.  Isn't that encouraging?  


The extra dollars do come in handy and so appreciated for my farmer husband's income, but this could no way support a single income. 


Working for $3.00 per hour was great sometime in the past, you know?  Like 35 cents per gallon of gasoline in 1969. But it 2009.


I do think if we newbies hang in there long enough and become good at our work then we will move up to better pay.  However, we who work for 3 cents or 6 cents per line and are so thankful to be making even that are probably the ones others may blame for the poor pay since transcription companies can hire us so cheaply.


Don't know what the solution is.   


 


No they're not because I'm making more money on it....sm
than before the program was implemented.  I also know others who are making more money per hour  - and no one argues with more moolah! 
And you still end up making more money paying LD. sm

If you consider an 80-hour pay period (which I don't do), at $27 per hour with the 800-number company, you'd make $2160.


At $33/hour, paying $1.80/hour, you'd make $2640 minus $144 (a deductible expense also), still netting you $2496 -- substantially more than the company giving you the toll free number and less pay.


 


Makes no difference to me.  I personally wish you all would stay away from MDI-MD so I could have more work ... LOL


Making money - just curious
Just curious, but how does anybody here make any money if you are on this board all the time bashing people- that really takes a lot of energy up that could be spent on making money.
money-making docs? sm

As a hard worker in this industry to put my son through school to become a medical professional, I can tell you that after all my hard work and broken back, he is still paying student loans, works like an animal, hardly has time for his family, continues his education and is not "rich." He treats his staff like family (constantly haunted by his mother to do this) and barely has time to take a bathroom break. I know there are those with fast cars (always thought they did it to get to the patient faster, but I'm sure that's not the case with some of them) and those who are rude (perhaps not taught right by their moms) but some are just ordinary guys and gals who put their pants on one leg at at time like the rest of us and worry about the next payment like the rest of us. They're not ALL the same. I read another post about docs yawning while dictating. I think in most cases they're exhausted and the paperwork is just another thing to deal with after they put their kids to bed, if they get the chance to do that even. I didn't understand this until I "lived in it". As the babysitter, I can tell you, "it ain't pretty." They suffer just like the rest of us.


It is all about them making more money. If you have seen the News lately
they had a piece on money making is with those of us who own animals. Some will pay any amount to cure their pet, like chemotherapy for their animal, when the most humane thing would be to put them down.

Vet medicine is all about them making money now. Personally, I love my pet, but I will only do the basic healthcare, shots, exam, and that is it. They want blood work, lyme titer, check for diabetes, etc. I tell them NO, Absolutely NOT! She is healthy, 3 years old, and even if she has those conditions, which in most cases, the animals do not, she will not be treated. Who ever heard of a dog having diabetes or thyroid problems. It is an animal and I will not pay healthcare bills for a healthy animal for unnecessary things.

Watch your wallet, love your pet, provide a good home, feed them, bathe them, and give them their yearly checkup with shots and they will be fine.
If you are already making that kind of money
and working less hours then I don't know why you would want to change to an unknown. BTW, would you care to share who you are working for now making over 50K and 6 hours a day? Pls e-mail me privately if you like. I won't post it, I promise!
The up side to not making enough money is
that pretty soon the fridge will be so empty it will be significantly easier to clean.  And I do mean soon.
and that folks was where our "mom and pop" biz that we were making the money on...have gone!!
The biggies saw the opportunity to make the money that we were...and decided we made too much, so that is the story...long and short!! The future does not look good for us, only them and the india counterparts.
The money making part is true,
the Congress Center in Atlanta sold out for Sylvia's show and standing room only and I am sure her return show will be the same. It is like wrestling to some, not me, but entertainment and should not be sought out by people who are in the situation such as the missing kid's family. As long as psychics are out there, people will seek them out plus other off the wall treatments for different maladies. It is human nature but I would not want to be the one giving the advice.
You punch a level so you know you are making money?
I would never set something up like this to make myself go faster. I know if I don’t type the amount of lines I want per day, so simple I don’t have a decent check. Don’t need a stop watch, counter, etc. My motivation is bringing home the amount of money I want every 2 weeks. My way is really simple, just fast fingers concentrating on the end result.
I am making tons of money doing tapes.

Just like tapes get misplaced so does digital dictation.  Also, have you ever timed how long it takes to download and upload files?  I think it runs about the same.  I am assuming this is clinic work.  So, if you don't go the office, then you'll need patient lists faxed or e-mailed, what have you.  It also costs money to have a secure FTP site for transfer.  So, no matter how you look at it, there is that time taken for the administrative end of transcription so to speak. 


To the OP:  I would ask if the problem really is the delivery if you could cut back to two days a week and given them the option of typing STAT reports to be faxed to them OR you could ask if they'd go halfers on a courier service.  But, I think the problem is the cutting of the paper, so you may just want to mention that you'll need to attach a fee. 


I had to attach a FAX fee to an office that was constantly calling and requiring me to search for letters that they apparently hadn't filed yet, so I started charging them for that service.  Guess what?  They don't call as much.  Just a thought.


Regarding making money, I forgot to mention...SM
The standard for "average" typing speed is no longer the unassisted "The fox jumped over" standard as measured on a typewriter. You know, back when 75 was considered decent.

I don't actually know the new standard for a competent typist, but it's set by those who have trained themselves to use word Expanders extensively and is at very minimum double that on unfamiliar text. On familiar text with many phrases in storage, much higher.

Current pay rates are adjusting to the new reality that a worker is able to produce considerably more with today's technology than before. Those who aren't using it, and using it extensively, are finding their incomes dropping drastically. Best wishes.
Sorry you are so disgruntled but many of us, myself included, are still making money...
there have been changes but I am still making great money so I have no complaints...good luck to you though
All those folks care about is making MONEY.
-
nice to hear that I'm not the only MT making such little money at this
And I've been doing it for a decade now and it keeps going down every year.

I've finally decided to take some classes in another line of work so I can get out of MTing but still work at home.
How long will it take to start making money as an MT?

I'm new to this career. Have only been working for 6 months or so. Does anyone have any advice for a newbie? How do you make a decent living on 6 cpl? Any advice for increasing speed? Thanks.


MB


I would be 43 and have no life at this time and wish I was making decent money, but not ;0( ...NM
NM
1200 lines should be a given. You could be making superb money!
x
I completely agree
These ESLs work hard to learn the language before they come here, many learning it through their school years, come here and legitimately and legally set up their practices (I haven't heard of any doctors complaining that their jobs are being taken by foreigners), and they still have to fight for any respect.
you are welcome and I completely agree with what you are saying!
it seems that so many like to twist around the Word or leave parts out that are uncomfortable. 
I agree completely!!
When I first started typing for MedQuist, if there was a difficult doctor, I would skip over it. As time progressed, the more typing I did, the better I got and didn't want to skip over reports, I wanted to be able to type whatever came up! If you NEVER type these heavy accented doctors, you will NEVER learn to do them. I agree with you "Got the Letter" and am waiting for my phone call!!
I agree with you completely

when EVERYONE criticizes how the government is run and how they do things? Why put your life and those of your family in jeopardy waiting on the government to help you. What happened to PEOPLE helping each other?  People seeing that their elderly neighbors get to safety? People pulling together to solve these issues? Why do so many seem to be waiting to see what the government can do for them??  The government has enough problems!  I certainly would not rely on the government for ANYTHING!  Do these people want to government telling them what to do in their everyday lives?  If so, move to a country with no democracy! 


 


  I'm finished for the time being.. but WAKE UP PEOPLE!


I agree with you completely

and believe me, they don't give a patient a discount because they feel guilty. They don't give the employees yearly raises. While they (and the 2 office managers) get their bonuses and go buy brand new cars, SUVs, boats, vacation homes and, yes, even airplanes, they have plenty of employees struggling to make ends meet. One employee (that I know of, a newly divorced woman) recently took bankruptcy and our insurance is so bad that most of us can't afford to even go to the doctor as we have $2,600 deductible for a single person!  I would NOT feel guilty one bit!  


  


I completely agree with you . .
Did you see Tanya Tucker's reality show? I loved that. There's one about roller derby girls and a new one is coming out about rodeo cowboys - sounds exciting to me.
I completely agree - sm

I love it when they say thank you.  It makes me smile every time.  It also makes me smile and chuckle a little when I get one that will laugh at themself when he/she gets tripped up on their words.



I agree completely
Sad but so true.
I agree with you completely!
And now that many companies are cracking down on and checking quality due to client complaints and sloppiness, I would bet many MT line counts will be going down real fast.  Remember, haste makes waste... and slow but steady wins the race!
Oh, I completely agree. (sm)
I've also seen 20-year MTs who proudly announce that they don't know the difference between there, their and they're, and it doesn't matter anyway. (?!!)

It is appalling. But those people also rarely post on boards because it's just a job they put in and they don't usually want to use a computer or talk about work outside of work (in my experience).

Maybe if somebody had let them know differently in the beginning, they would have chosen another career or taken the time to learn the English language.

You are only the second English major MT I have come across, and the other one is the best MT whose work I've seen.


Completely agree
Always have two companies, at least.
i completely agree.
"Assault" may sound nicer than "rape" but it's NOT the same thing. It's the MT's job to accurately record the doctor's words, pretty or not. Of course we may correct grammar but certainly not the meaning of a document.

These are sometimes used as legal documents and that should always be taken into account.
I COMPLETELY agree.
I mean, it's not as though we have nothing else to do! These tests take a long time and unless you have no job, they are much too time consuming. The worst is when you don't pass after spending so much time.

Also, you go through the grammar, etc. and then come to that?!

I think a couple of carefully selected files will tell them everything they need to know about your skill level.

NO. Not lazy at all!
Agree completely. Sometimes I am not even
sure if I am talking to the same person when they do not use their same initials or names with every post.
I agree completely (sm)

As another poster said, our bodies "know" when we have typed a certain number of lines.  Having worked for various transcription companies, I found it difficult to even reach the minimum lines with many of these places.  I feel very fortunate to have found an MTSO that is honest.  Guess what, I am transcribing over 2,000 lines in 5 or 6 hours!  I am saving every penny possible because I know it will not last forever.  


I agree completely
Well said. It's been said time and time again there are no grammar police on this board but they're here all the time just the same.
I COMPLETELY AGREE!

nice post!


Exactly. Completely agree.
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I completely agree with what you say.
However, I think the companies have the upper hand with the fact that we are remote employees who never to rarely actually see each other. If there were ever some kind of group formed to work on these issues, I'd be the first to join....
No. I'm making excellent money doing this (IC). I have no desire to leave this profession.
  
I have been around awhile, and will last making good money as long as this field does.
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There are too many MTSO that whine about making not enough money to pay you a livable wage.

I applaud you for being truthful and NOT GREEDY..


Have done both, and still prefer at home, making more money and setting my own hours. (sm)
In-house your required to meet a productivity of nothing less here on the east coast of 135 to 155 lines per hour, not to mention the QA's done weekly!! Yes, weekly, random 10 reports per MT!! I never had a problem with the QA's always between 99.6% and 99.8%. But, you work straight, no talking, in your little box (I call it). Yes, the benefits are a perk, but not that much and I worked 2nd shift always, so it was 18% of my base wage. I am still making more at home productivity wise and take a break when I want to. But, like you said circumstances change. Good luck!!
Two jobs don't equal one when it comes to making money and not wasting time. sm
Recommend looking for one good job.
I agree completely. He is nuts.
But what did I miss with Johnny Depp???
I agree with you completely. It is our government that ALLOWS this
to happen though. My point exactly. Spend money overhauling the system. Make people accoutable for their actions. That opens up money for people who really need it. Also, people here that do not pay taxes and are not here legally, give them the boot.
I agree completely. Especially the line of
"if the company makes money"! I mean, gosh -- that's ridiculous.

I wouldn't stand for it.
Completely agree, Jess.
I could not have said it better myself.


Bravo! I completely agree.
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