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I make very good money at home with a small MTSO

Posted By: don't have to go in-house. nm on 2007-09-02
In Reply to: MTs use to make a bundle until sm - Terri




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I also make 11 cpl as an IC. This also is a small MTSO. nm
nm
I have to disagree. I make more money from home
The issue doesn't have anything to do with inhouse or outsourcing.


What is a good inexpensive small home printer.
:
Sorry, don't post here often and not familiar. I was saying I make great money and stay at home w
Where do folks get these odd ideas?
That's definitely good money. I wish I could make that much.
I'm making about $1,400 a MONTH working 25-30 hours per week. ESLs, run out of work often, lousy platform. What's the point any more? I definitely need to pick up some local accounts and never work for another national.
Oh man....that is NOT good...how do you make any money?

Four. And they make very good money.
But I get your point. But you asked!
Oh, but I make really good money
so I did not understand where this was coming from. You see, I have no children at home, only 2 of us, no bills, I only work part because that is all I want but still bring home about $1500.00 every 2 weeks, so no need to feel sorry. I said I type fast.
I used to make really good money.
Anywhere from $28-50 per hour. Same few dictators, lots of templates and Expander usage, pay averaged out to be $.12 per line. I only wanted to work part-time, but the company would have worked me full-time. One particular doctor was so easy, I could do 400+ lph for him. He only had maybe an hour of work per day. Voice recognition has my job now. I've been unemployed for the past six months. But 537 lph consistently? I don't know about that. It would have to be the same pool of dictators and the MT's expander stats would have to be HIGH!
I would please like to know how you make good money at it.

Would you care to share your cents-per-line and lines-per-hour with us?  Roughly?


It would help alleviate the anxiety about it for some of us if we can hear from the horse's mouth (no insult intended) how this can be a good living for us.  Especially when there are so many things to slow us down like ESLs and poor dictators and bad sound. 


Thank you.


Is it possible to make good money working for someone else?
.
I think that is all attitude. I make very good money at MT.

I can make good money without overtime
I posted below but when I saw your post and it said crap- I type mostly VR and I work 8 hour days 4 days a week. I make at least $160.00 per day- add that up if I worked full 40 hour week or lordy if I worked overtime like years gone by. I get paid no more because of my years of doing this- work for national- the pay is low but I am fast. I just wanted to make about the same as when I worked in the office and set my goals accordingly.
I do VR, love it, make good money at it
and I have no idea why people who do not do, have not done, don’t plan on doing talk so much against it.
Depending on who you work for.... you can make good money

I usually average between $15-25 an hour doing VR. That is enough for me. I think it helps if you have companies that pay for footers, headers, spaces etc.. Good luck.


Can you make good money with radiology? I'm thinking of switching
nm
They make darn good money at most large grocery stores
No, I don't tip them. If I thought they weren't getting paid hourly, then I might. I might tip someone who gave extra great service, like coming home and carrying them in the house for me, (j/k!) but most places where you are expected to tip, people just expect the tip and take it for granted anymore and don't always treat you well enough to deserve one!
Any small MTSO need PT help? sm
Okay, I have tried the big nationals and that did not work out for me.  I would like something for a few hours a day - would love to do family practice SOAP notes again or something where I can just type away and make some decent money.  I promise a fast turn-a-round and I am willing to work hard, but no complicated platforms and no set hours.  
I had a small MTSO ask that once. sm
As I was heading toward the exit door, she asked me to send her every single one of the normals I used.

So, I sent her the exact ones she had sent me in the beginning, before I refined them to a fine tune, which had taken me hours and hours to do. I'm telling you, I had most tests for every doctor where I could just hop around and fill in the blanks. No way was I giving those hours of work away!
Two small MTSO (nt)
xx
Thanks, Small MTSO
I knew it must be something like that.  Thanks for your reply.  Molly
Small MTSO
11.5  to 12.5 cpl, put in 30 to 32 hours per week myself now.  Went down to part-time this summer to 22 to 24 hours.  First time in 18 years and felt good.  Just got two new accounts and so back up but will myself after paying IC's make 50K, down from last year but worked less.  Next year will be up to 55K+ unless I go part-time again in the summer if my IC's want to make more.  Will probably raise rates in January as have not done so in two years.    Patti
Especially when the small MTSO

is worth.  I'm done.   


Also LOVE LOVE ESCRIPTION and make good money but...
Can I ask how you sit there for 8 hours. Lately, I'm having a motivation problem. When I focus, I can rack up the lines, but lately, I get so easily distracted. My mind wanders and I struggle to get my lines. Any tips on how you stay productive who do you work for?? I work for Transcend.
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.
I did when I worked for a small MTSO sm
and boy, did I live to regret it!  She was, let's just say, um PSYCHO!  In a nutshell, my nephew died and she didn't believe me when I asked for a few days off...she had to see the announcement in the paper first! Needless to say, I dumped her shortly after that incident.  There were many, many more, but this was the final straw!
This happened to me too. Small MTSO been with
them for 3 years.  check was mailed, but post office put it in wrong box.  This has happened 3 times in the last 3 months and every time it was the post office not them.
www.lts-inc.com is it a small MTSO in Richmond, VA-
I have been working PT for them since May 2002 except for a short leave of about 4 months. As far as I know still looking for a few more people, just lost 1 yesterday who could not get the hang of WP5.1 I guess(it's what the hospital they contract for uses). Oh well, their loss will be someone else's gain.
I'm a small MTSO. Here are my thoughts on it

I would determine how much per line the seasoned MT should get.  Not sure how much you charge.  But I, being a small MTSO, charge my clients 14 cpl and I pay my subcontractors 10.  Ideally you would be a bigger MTSO and could pay truly seasoned MTs 12 cpl or something on that order.  Otherwise, if they aren't able to make a decent line rate, and they are truly good MTs, they might as well go get their own accounts.


About the pay between the new MTs/mentoring MTs - I would decide what the total you were going to pay for those lines were, and then divide it between seasoned MT and newbie MT.  Say it's 12 cpl - pay the newbie 8 cpl and the seasoned MT 4 cpl for the work that the newbie does that the seasoned MT is helping with.


My husband's company does something similar.  He works with a partner, but the partner is less experienced.  He is basically my DH's helper.  DH uses his own truck and the helper doesn't have to use his truck.  Each job pays a set amount, and DH gets 70% and his partner gets 30%.


As a small MTSO, I found you had to buy
all I really needed was a few.  So I started filling them out online at www.filetaxes.com.  It's much easier and they send out the 1099 for me!  Price is very reasonable too.
I mean big as in Medquist, little as in small MTSO's
.
For me, a very small local MTSO
doing tapes/office notes.
I have worked for a small MTSO once and

was never afraid of not getting paid. Something in her voice told me I could trust her and just dove in. No contract, either. But I did have to give her my SSN for the 1099.


Never realized I would be setting myself up for trouble but every 2 weeks the check came in the mail.


Ask the MTSO. That's all you can do.


Small MTSO here - 6 cpl -- ridiculous

I as a small MTSO would be so embarassed to offer 6 cpl to anyone.  Could not believe what I read.   At the most I take  20 - 25% of what I charge clients and pay the IC the 80%.  I even do the pick up, QA, billing and delivery of finished products.  But to offer 6 cpl is a slap in the face.  Even newbies I offer 7.5 to 8 cpl and start them on the easiest accounts.   Hopefully she can sleep at night and look at her face in the mirror.  


 


My opinion as a very small MTSO
I determine what my minimum charge is by figuring out what I would pay an IC to do the work and then add in enough left over to pay my expenses (TASP, insurance, QA, etc.) and then some for myself as account manager.  If you get an account that you will be working on yourself, you will make both the salaries for the IC as well as the account manager (you are doing both jobs) and pay your overhead.  If you get an account that is bigger than you can handle by yourself, you can easily sub all or some of it out and still pay yourself and your overhead.  Sit down and at least do the financial part of a business plan in order to figure out what you need to charge.
I'm a small MTSO - what platforms do MTs like?

Or do you prefer typing in your own Word program and emailing encrypted files?  Do you prefer to use C-phone to access the dictation, or wav pedal?  I'm seriously thinking it might be better to use a platform where MTs can go online to access the dictation and the platform to type into and I am looking for ones that MTs like and consider MT friendly.  So...what have you used and which ones do you like best?  I did do a search, but I'm asking again.  Obviously, being a small MTSO some of the larger platforms might be beyond my reach, but I'm looking for opinions.


You're working to make money, not to spend money.
These people should be ashamed of themselves taking advantage of people this way!
I also blew some money signing up with Quixtar... The only way to make any money is to bug everyone

you know into signing up.  I felt like a snake oil huckster.  I hated it.  I was flushing money down the toilet from the moment I handed over my money. 


RUN, do not walk away!  I do an entirely different side business now that I really love (in addition to my MTing, which I also love!)  Find something you're good at and that you truly love doing.  Then make a business out of it.  That's the best way to have a side business.  Selling discount toilet paper through Amway/Quixtar?  Not so much. 


I assume she works for a small MTSO or something, not MQ
x
Re: Post way below about the small MTSO in Suffield, OH.
I posted that I worked for a company, though don't know if it is the same one.  I'm just curious if it is.   I've included by e-mail if you want to e-mail me.  
MTSO needs to pay MTs on time, no matter how small sm

her business is, no matter when (or IF) the MTSO is paid by the client.  I would NEVER contract with an MTSO that expected me to wait to be paid until they were paid by their client.  Impossible way to do business, very unprofessional. 


I used to work for a small MTSO that used gotomypc - sm
I would connect up to her computer and download the voice files to my computer. Then disconnect/log off. Then I would play the voice files on my player (Bytescribe) and go to work. When I was done, then I would just email the work to her. But if email was down for some reason I would just connect back to her computer with the gotomypc and upload the finished work to her that way. Your computer would probably run faster if don't stay connected via the gotomypc. I suppose you can do that of course, just doesn't seem much point to it though to me, unless you only get one voice file every now and then, so you just stay connected to see them come in on the remote computer.
Would be interested in working for small MTSo
I currently am working with a small co and I would like approx 15-20 more hours of work. I mainly do clinic. If you have anything please let me know. I love small MTSOs
I'm glad I work for a small MTSO....
I hope my boss never sells out like my last one did. My old company went down the tubes after that and I see lots and lots of posts about it here talking about how bad it is. These nationals sound awful.
No matter how small an MTSO is, their first obligation is to
nm
Costs for small MTSO equipment
This question is directed to our wonderful small MTSOs who participate in the site postings:

I have a question about what extent of expenses you incurred for equipment and related components for the physicians to dictate, i.e., FTP services, server, physician call-in phone services, physician digital dictation uploading/downloading services, and all that related equipment to send and receive dictations (voice files) and send/receive reports, all pertaining to internet and latest advances.

Considering a small MTSO venture of just three small doctor's office accounts, enough for 1-1/2 MTs, with a total physician dictator capacity of 5 physicians, not necessarily at the same time.

I would be also interested in not only cost figures (ballpark) but the types of equipment and software you elected to use (platform if any).

This information would be beneficial to me, and perhaps to other entrepreneurial MTs as well. Thank you in advance for your helpful information.
Just wait. I work for small MTSO and they have
dg
I work for a small MTSO about 25-30 hours a week
nm
I worked for a small MTSO who gave the client
the client changed to smaller and smaller font sizes, the MTSO let them know the rate would change so the MTSO never lost money just because of the font size. The clients always understood. The client simply wanted less bulk in their charts, not to short change the MTSO.
I only have dial-up, I work for a small local MTSO -sm
that uses a FTP site to send us our work, so dial-up is just fine for that (work is about a 20 hour TAT, so it does not matter how long it takes for me to download my work, and uploads are quick. So obviously a job that has no set hours, etc. is ideal for someone with dial-up. Also get your own accounts, then it doesn't matter does it as you are the boss. I have 1 account of my own and we transfer the files via the internet through an intermediary website (in place of a FTP). Just keep hunting there are dial-up jobs out there.
national/small MTSO are both on-line companies
there is PT and orthopedic work.