Home     Contact Us    
Main Board Job Seeker's Board Job Wanted Board Resume Bank Company Board Word Help Medquist New MTs Classifieds Offshore Concerns VR/Speech Recognition Tech Help Coding/Medical Billing
Gab Board Politics Comedy Stop Health Issues
ADVERTISEMENT




Serving Over 20,000 US Medical Transcriptionists

I didn't increase my line rate for over 10 years!

Posted By: At Home MT on 2006-05-03
In Reply to: you should be setting your rates according to what the market will bear... - MTSO

I am an IC and have one office of three physicians as well as work for a smaller MTSO and have to totally agree with what MTSO said. You have to take into consideration so many things. Do we deserve a raise, you betcha - I think most of us do. However, if you are making good money, love the accounts, and things are working well for both sides, are you willing to jeopardize them shopping elsewhere? I haven't been, but due to the increase in gas prices which are now going to be reflected in many other ways in our cost of living, I find I really need to increase my rate and I did. I sent a memo and simply stated that in 30 days the billing would reflect a 1 cent/line rate increase. Yes, I held my breath waiting for the phone to ring or the OM asking to speak to me in her office but so far I have not heard anything. I am not sure if this is good or bad but I think they have had a great deal for 10 years and I deserve a raise and I need to increase my rate just due to cost of living. 


Complete Discussion Below: marks the location of current message within thread

The messages you are viewing are archived/old.
To view latest messages and participate in discussions, select the boards given in left menu


Other related messages found in our database

I just had to laugh - after 3+ years of no rate increase SM
I gave my MTSO 4 weeks notice of going up to 12.5 cents (IC) - they do no QA on my work (returned directly to clients) - only have to pay for call-in system. Accuracy rate is pretty near 100% according to my docs (and my own proofing) MTSO said my proposed rate was OUTRAGEOUSLY high and I was living in a dream world compared to area ICs (Chicago land area). Now I read I am not so far off after all. And MTSOs wonder why their ICs tend to believe what they are told with a big salt shaker! BTW, I got my line rate increase - my MTSO leaves me alone, my doctors love their accuracy, and I am happily typing while the kiddos are at school. Win-win for everyone! Just my thoughts FWIW. Nice to see I am still in the ballpark for ICs!
Help with rate increase, please
Good morning, everyone. May I have a little advice on a rate increase I am thinking about, please? I have been transcribing for a clinic here in South Florida for 4 years. I started out at 0.06/line and have never raised my rate for this client. However, I would like to raise my line rate to 0.08. Is this unreasonable? I work from home and feel very isolated when it comes to knowing if I am way too low on my rate. Any advice you can give me would be most appreciated. Thanks!
IC Rate Increase

I would say work with them a little.  I would say try and increase to $2.50 per page in the hopes you get an increase of $2.00.  I had a physician do this where I wanted $2.50 from $1.50 (6 years ago), and he offered me $2.00.  I took it. 


I am now, same physician, looking for a way to increase as I get paid per page $2.00 (typing from handwritten forms/not dictation), but I think he may go for it.  I, however, am looking at whether I am making more with him per page as opposed to per line and with him it seems I do better per page.  I also make deliveries.  If I were you, I would not go 4 times a week if they are not willing to compensate you a little more for that time.  Production is production, but the time spent making the deliveries needs to be worked in. 


Is this a client that could possibly go digital?  You may want to stroll that avenue.  Just a thought.  E-mail me if you'd like and have more questions.  I am having the same dilemma.  No one wants to go digital, but they are flexible with pick-up/delivery. 


I read an article on www.mtworld.com about transcriptionists not making what they should because they do not want to "rock the boat", well my boat is sinking somewhat as everything has gone up but my income!!!  HAHAHAHAHA


Rate increase...

I just this done several months ago and what I did was put a little "blurb" at the bottom on the current invoice that said "Effective xx/xx/xx line rate will be $x.xx", with the effective date starting the next month.   I never heard anything back so have been billing at increased rate ever since.  I did make it large enough (same font size as rest of invoice) and put a couple of ******next to it.  When you get a bill from your water, electric, gas or whatever company, they don't even tell you,they just raise it, although sometimes the cable company will tell you in advance that rates have changed.  Anyway, that's what I did, didn't feel I needed to justify it, especially if your rates have been the same for a long time, like mine!!  Good luck.


To the person asking whether to increase her rate sm

check this website out.  These are the vendors and what they are charging for New Jersey Medical Center.


http://www.umdnj.edu/purchweb/employees/employ16_transcribing.htm


To all of those MQ MTs,  check it out, they are charging up to $0.20 per 65 character line. 


Hope this helps.


IC, do you write your own rate increase letters?

I'm working as IC with one physician, and I need to increase the rate. I'm working too much typing, printing,and driving 4 days a week at $1.50 per report (mostly one page). I average 25 reports per day.  PE is a given, but the rest of the document has to be typed.  He is ESL and a good one.


Can you share info on what and how to include in a rate increase letter? What would be my effective date, 30 days, 60 days, or 90 days?


I thought I'd increase to $2 per report. What do you think?


 


The owners of the companies I work for certainly could increase my cpl rate. nm
:}
Gross line, also including blank lines because my line rate is so low. It all works out in the wash.
x
1) do you have a contract stating line counting and line rate,sm
if you look at the IRS website it's pretty clear what constitutes IC versus SE versus employee. You might want to photocopy that along with a copy of your contract with your next invoice and also put on the invoice any monies due from past invoices they "changed"...maybe catch more flies with honey than vinegar. Good luck!
That still is not a paid line rate. If your base is $0.10 per line, it will be $0.08 cpl.
Considering other companies pay 4 or 5 cents per line for VR - you are still making out.

I would go with the line rate. At less than 9.5 cents per line sm
I make $30 an hour.  I would never transcribe for $15 an hour, for anyone.
Unfortunately, this rate is so 5 years or more ago.
Ever since offshoring started, our wages have gone down.  I tie it directly to that and thre greed of the companies who offshore. 
How do I know what the line rate is, since it is the co's
zzz
Line rate - sm
If you do 250 lines per hour at 8 cpl, you would make $20. If you did 300 lines per hour, you would make $24. The platform and many other factors would determine how many lines per hour you could do. I would not expect to be offered much more than 8 cpl for radiology, if that. Good luck.
line rate P.S. - sm
I'm referring to employee status, not IC. You could probably get a little more per line being IC, but I'm not into IC status, so can't say for sure.
Rad line rate - sm
Depends on IC or employee...if employee, you'll be lucky to find 8 cpl, probably 7-7.5 cpl is average. Don't know about IC, but seems they don't offer much more than that anymore. Experience doesn't seem to play much of a role anymore either...seems they offer the same no matter how long you've been doing it. Good luck.
line rate
I agree with Patti.  I also work at home and get many distractions but also have accounts that I make around $35 an hour. There is no way I could accurately log in and out on a time card and would also lose money. I am very accurate, as I proofread everything.  I like the line rate but agree that companies should pay a higher line rate to more experienced transcriptionists and should be more concerned with accuracy than they are.
line rate
does anyone know what Spheris pays per line or what the going rate is per line.
Is the line rate enough to
make ends meet? Do you have backup work in case their volume drops? Do you have the flexibility you need? These are all questions I would consider before doing IC.
Line rate

In my opinion, 9 to 10 cpl for clinic, 10 to 12 cpl for acute care.  These should even be higher if you have your own accounts (no middle man).   But like some said below, it all depends on the account and also the way the lines are counted.  I have over 12 years experience in all specialties and in acute care, and I have worked for 8 cpl as an IC and made more per hour than working for 11 cpl doing acute care.   The 8 cpl was all by templates and I could make many, many normals, averaging about 400+ lines per hour, plus it was easy work. 


Ask specific questions about the work, what kind of account, how many doctors, etc.  That in my opinion is more important.     


 


line rate sm
Oh boy, now I see a line rate advertised to the "buyer" for 7.9 cents. What are they paying their transcriptionists -- 5 cents?
line rate
Hello.  I am applying for an MT job and I have 21 yrs of expereince.  They want to pay me 8 cents/line.  Is that the going rate?  It seems it should be more since I started 21 years ago getting 7 cents/line.
LINE RATE
I AM THINKING THE SAME, I SENT A TON OF RESUMES ON MTJOBS WHO DO YOU WORK FOR OR IS THAT ON YOUR OWN?
line rate
i live in long island. new york!!!!!!!
line rate
i am doing it more from boredom as i have my own accounts also that don't take much time and is not productive enough for what i am used to. it seems like it should be more to me too.
line rate
I think it is pretty common knowledge what the average line rate is for nationals, etc.  Does anyone know what the national gets paid by the line?  I'm wondering because I may have the opportunity to work directly for a hospital without having to go through the middle man.  Keeping my fingers crossed.  I don't think they have much of a clue of what to charge either so I thought I would just see what an average might be?  Thanks.
line rate
that is pretty low to start. Are you brandnew in the field? If no experience, it might be worth it just to gain some.
line rate
I think going by gross line is a good way to go.
line rate
I make 8-9 cpl per gross line, and that is with a middle man, so the docs are paying 12-13 cpl per gross line.

Location is definitely a factor in pricing, but in my case, one MTSO is across the country from me and the other is local. I think that is definitely a low rate for direct office contact.
Line rate

I would like to get my own accounts with doctors but I don't know what to charge. How do I figure out what to charge. Does it matter where I live and what specialties I do?


Line rate

I haven't found anything. What should I do a search for?


Line rate
I charge 15 cpl to my neurosurgeon, only because he takes too long to remit.  I do think I will offer a discount  like you within 3 days of receipt, of course.  But he has never balked at my rate.  I almost feel guilty charging this rate.
Per Line Rate
When I started my new job with a national, I told them I would not take less than 9 cents per line for my 20+ years of experience, and they agreed. If we are foolish enough to say okay to the low rate, so much the better for them! I hope everyone listens to this poster because she is so right.
Line rate

What would be a reasonable line rate for dermatology. Current MT is charging .12 per line. I will be typing very short one or two paragraph letters with no progress notes. 


Also, I need a dermatology reference books - Any suggestions?


Thanks    


Per line rate

I see a lot of talk about line rates and MT's unhappy with their line rate they receive.  I would like some opinions.  We pay 8 cents per line and the line consists of 65 characters plus spaces.  This is exactly how we invoice our clients.  Is this a fair rate in your opinion?


ASR line rate?

Just started training in ASR and received line rate and LPH goal proposal.  I have no way of knowing if this is an acceptable rate or not.  My first imperssion is that they have basically cut the line rate in half for ASR work and are expecting twice the number of lines just to break even on ASR vs nonASR.  Goody, goody  Type twice the lines for half the pay.  Would appreciate any input on competitive ASR line rate and production goal number, i.e., lines per 8-hour shift.   


VR line rate
Could someone just throw out some numbers for me on a fair VR line rate?  I know the rate will vary greatly - just as it does for MTing and QAing.  We all know the nationals pay 8-10 cpl (hopefully on a 65 character line w/spaces) for MT work - and more often than not they just pay for the typed report and not for any ADT info - no headers/footers, signature lines, etc.  We probably can agree on QA rates - 3.5 seems to be the minimum acceptable and again on a 65 character line and while the company would like to believe you match 100% voice to typed word - it is possible to give a quick read and fill in the blanks - but only if you know the MT and know the dictator and this can be dangerous.  Can someone please PLEASE give me some indication of what VR pays?  Thanks so much! 
per line rate?
I have been working with the company I am with now for 4 years.  I have 10 years of MT experience.  I am wondering what I should be able to expect for pay per line?  What is an average or what are other people are getting paid?
We get a better line rate sm
overall for working more difficult accounts, and this includes heavy ESLs, but all work types. Bonuses for lph production. But nothing specifically for work types, just general level of skill. I've never seen anywhere that they adjust by work types (although I think they should).
I'd look for another job. With my line rate at
the number of lines you do a day I'd make $65,000+. 
Anyone know what the going rate per line is in NJ?

Line Rate

In my honest opinion 9 cpl is good for online work.  You would want to go higher if you had your own account though to cover your overhead especially if it required printing or delivering the work, other duties as required including bookkeeping.   


I think 8 cpl is acceptable though in a case where the dictators are good, and you can get good lines especially if it is for a national or MTSO.  However, I would expect a raise if you stick it out, are responsible, and are in essence making the MTSO money.  I hope this helps. 


Then you have the fact that an employee might not make as much as an IC per se because an employee is getting benefits as opposed to pay per line rate. 


Line Rate
I know it is not set by the state I just want to know what people are actually getting paid so I can get a feel for the industry average in Michigan. 
line rate in MI
I live in Michigan and get 9.5 cents per line. I am a subcontractor.
line rate
I know, but what is the line rate you make?
line rate
It is a simple question.  What line rate do you get?
what line rate do you get
As an IC what line rate do you get?
The line rate is so different...
At 0.03 a line, you'd have to edit 1500 lines a day to make $45.00 a day. At 0.08 a line (which should not be hard for you to get at 25 years experience), you could type 750 lines and make $60.00 a day. To me, the amount of work and the headache of VR is not worth it. With VR (depending on how good the dictator), an MT can end up totally re-writing the report anyway, and for 5 cents less than you could just type it in the first place.

I'm not a fast typist either, but I'll plug along at the typing over VR any day.
line rate
Ditto on line rate - I earned 7.5 in 1994.... we all agree to band together and refuse. Currently at 10 and 12.... let's work on keeping it there!
help on line rate
What is the current average pay rate for a 65 CPL/line?
line rate
I would say $.10 per line. At least keep up with the companies in India!!!!