I think it depends on the MTSO, some do not charge much - sm
Posted By: XXX on 2006-10-04
In Reply to: I understand, but.... - Emily Ayn
in order to beat the competition. I worked for a MTSO that was only charging .13 cpl (65 cpl); I was making .09 cpl with her, that was as high as she would go so she could make some $ too. She ended up losing it to someone who bid lower, so I lost my job with her. As for cost of living and all that, yes it goes up but as far as MT goes, I don't see rates going up. All the doctors want is our prices to go down, since they are getting gouged by the insurance companies, their malpractice insurance keeps going up, etc. So to stay competitive many MTSOs have actually had to lower their prices to keep accounts. So it is possible your account does not charge too much over .12, again demographics has a lot to do with things too. Obviously a more rural area charges less than in the city, rates vary widely from coast to coast. I only make .09 at my current job, though I know they probably charge .16-.20; I don't know for a fact just a feeling I have as they top out at .12, and base your salary on both the number of years there and amount of lines per pay period. Those who do a large amount of lines on a consistent basis make a better wage (no incentive pay). I am trying to get my lines up so I can get to .10 (my goal). I only work PT but luckily I am good and relied up there, so I am in a good position and have 3 raises in 4 years. So I gues it depends on the rate you started at, you started a quite a high and good rate, so your room for advancement of pay is limited I would say by that. Again, ask for a raise, the worst thing that can happen is they say no.
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I know MTSO's that were TOLD by the client to charge less or
they would go offshore. So what is the MTSO supposed to do? You can't stick to your guns in that case. It's either swallow your pride and everyone takes a pay cut, or everyone gets no paycheck.
The going rate to charge a client for rad by an MTSO is in the $4.50 range.
Need to figure in what type of reports, etc. Never go below that - there is a lot of administrative work to do.
As long as the MTSO does not charge the client I don't have a problem with it - sm
its those that don't pay, but then charge the client (which I am sure most do in that scenario) that is not right.
Own accounts, line charge, MTSO percentage
I think you might have posted this same question about a week ago. I take anywhere from 20 to 30% on an account from my IC's that covers my being the QA, the accountant, the customer service rep, the go between and the relief transcriptionist. I really think you MTSO is being more than fair. Stop and think if and when you get your own accounts, would you only keep 25% if someone was typing for you? Sometimes it is hardly worth my time to keep the accounts for the IC's as the time I spend on those accounts I accounts I could be typing and earning $30 to $40 instead of the $10 to $12 that I get when someone else types it. Remember when you have your own accounts there is no one to cover for you when you are sick, your child is sick, you go on vacation, holidays, etc. There is always a flip side to the coin. I do wish you luck but there is more into doing your own accounts than you realize.
Puhleez! I happen to know of two MAJOR MTSO's who charge 0.45 cpl and only pay their people 0.08
to 0.09 cpl! And both of the two companies I speak of also offshore. So let's do the math, they charge the client 0.45 cpl, they pay the India MTs 0.02 cpl. Either way you add it up, they are making big money off our sweat or by exploiting third world workers!
Boo Hoo for the MTSO's and their overhead and their time and headaches. And what friggin overhead do they have, really? They have an office staff of about 10 people at the very most! They employ mostly IC's, don't have to worry about paying for benefits and the one's that do have actually employees, the benefit packages are a joke.
I will say one thing, if I EVER lose my mind and decide to take a job with another MTSO, I will turn over every rock I can find before I accept a position. They want to do a background check on me?!?!! Well, I'm gonna do one on them.
I harbor just a little ill-will towards some MTSO's. If they're not offshoring the work, they're screwing us "worker bees." It is a racket and it's best to get your own accounts or eliminate the middle man and work for the hospital. I do both. The hospital pays me hourly and gives me great benefits for me and my kids. My accounts are for making my fun money!
Depends on your MTSO and the way
program is set up. Every company is different.
depends on your area. I am routinely outbid as an MTSO on 11 cpl.
I don't agree that MTSO's can get 15-20 cpl any more. I have a solid company, well liked by my clients, who are paying anywhere from 14-19 but I can't get any new work anymore. Even if I bid down to 11 cents per line, there are others who bid lower. I feel MT rates are dropping because MTSO can't get the rates they need. On my 19 cpl, my people make plenty good, but if I get another account at 11, I will only pay 7 tops.
Charge what the credit card companies charge when they don't get paid on time!!!!
Audio hour charge - what is fair rate to charge company?
Doubt you can charge 15 cpl for VR work to the docs - you can't even charge them 12 for straight
x
you don't have to charge $60/HR - all you have to do is charge a good rate and then..
work smart, not hard. If you have a great dictator, charge him 14 cpl on a 65 char gross line, then set up your templates and word expanders, you can make $80/hr. But you need all three to work together, otherwise you might only be making $60/hr. Some people are just really good at what they do - shouldn't they make more if they are more productive?
I'd still charge by line, just charge a lower
rate, like maybe 8 cpl. Do you have to pickup and deliver work? You could also setup a one-month contract until you see how it goes and then you can figure out the best way to charge and go from there. You could also charge a flat rate per page and keep it fairly low.
One office I charge .12, another I charge $2.25 page--nm
//
Okay well if you are going to charge 10 cpl..what do your MTs get?
Maybe they are looking out for the little people getting paid a little more?? I see a lot of aspects of this you haven't researched. Ask questions, learn from their decisions so you are better prepared next time.
how much do you charge?
What should I charge?
I've never solicited my own accounts before, but my fiance's sister called me yesterday asking if I'd be interested in transcribing some letters for the dermatologist she works for. I said sure, since I'd like to go all independent, and this is a good way to try it out. Only problem is, I'm not sure what to charge. I'll be using the doctor's transcriber (she uses tapes, and I don't have a tape player), and it isn't decided yet whether I'll be emailing the completed letters to her, or printing them myself. What would be an average rate?
Is there a law on this? Don't think there is; not sure. You should be able to charge whatever U w
What I Charge
I also work for an insurance company doing claim tapes. I charge $3.00 a page. My reports can vary anywhere from a few pages up to 25 pages, which I actually did last night (I don't think I've done any longer than that). I'm not sure if this helps or not. I use Tahoma 10 with the margins the same as what you're using.
I get 9 CPL for a nat'l, and charge 12 CPL...nm
I charge
12 cents per line, 65 character line. With HIPAA issues, don't forget better grab yourself a carrier that reports will fit in to take back--one that locks. This is very important in case you are in an accident taking their reports back. It happens.
charge them as much as you can sm
I would charge per gross line, that means every line counts, no matter what. Depends on the reports, but why not start with 12 cents a gross line. Don't under sell yourself. You'll be killing yourself for pennies. good luck.
What to charge for something like this?
I have had this account for 5 years now and they have made a change to the format of their report. The first page is basically a template with check boxes. The other three pages are figured out by 65 character count. Being that there isn't much I'm doing to the first page (checking maybe 5-8 boxes and adding little blurbs once in awhile), but I am printing this page out. Any ideas? I hope I'm making sense! Thanks much in advance.
mt-what to charge?
I work at a mental health clinic as a transcriptionist/records person. A coworker asked if I would be interested in making some extra cash by typing some documents for him and his buddies that are in college. I am interested but have no idea WHAT TO CHARGE? 1 cent per word? i have no idea please help.
-Gina
What to charge? Please sm...
I was approached by a family doctor to do some typing for his very small company. He indicated that there are 2 other doctors in his office. I am thinking about taking the offer, but I'm just not sure how much to charge them. I noticed on the job boards that MTs are now being paid on an average of 0.07 cpl. How much more of this would I need to charge in order to actually profit from doing this? I currently get paid 0.12 cpl at a company I am working for, so what would be appropriate for me to charge these doctors then? I'm so confused.
what to charge
no one is going to come out and answer this question for you. It all depends on where you live.. Call a local transcription company, make like you are a doctors office and see what their rates are.. call at least 5 of them and go inbetween.
What to charge for something like this?
I've been contacted about "putting together a training
outline, tips and tricks and materials for MTs moving into the Editor role."
I'd charge at least what I would lose in production spending time on this, but any idea of an hourly rate? The company is moving into a VR platform.
I charge
.10 a line but all my work is done over the internet. I open an e-mail and then e-mail the work back so it does not cost me anything extra. I haven't been doing this for very long, so I am probably not the one to be giving advice, but I did want to make sure you are putting all these expenses on your taxes. You can even log your driving time, these are just things I didn't know when I first began.
I charge 12 cpl as well.
I provide 48-hour turnaround. Instead of raising your rate, why not ask if you can pick-up every two days? I believe that some charge up to 14 cpl. It all depends on the practice.
So you charge ,12 cpl...(sm)
due to the fact that you have to compete with nationals that outsource overseas, right? Okay, what portion of that .12 cpl are you willing to pay a sub? Would you be willing to pay .10 cpl and still make at least .02 cpl AND keep your contracts happy? That's what I did. When I had my own contracts I was happy to get good and truly experienced transcriptionists who would sign non-competitive agreements and pay them almost as much as I got per line. I felt that "something was better than nothing". So, if I only got .02 cpl it was still better than losing client, driving myself nuts working all the time, and .02 cpl adds up after a while. Furthermore, it was more than I would make if I lost the client! Are you wiling to do that, pay your sub's a very good rate - cause if you are willing to do so there are many good transcriptionists willing to work for you (myself included)!
How much to charge
Hi!
I don't mind -- I just answered it when another MT was asking if $50 per audio hour was too low and I said yes, it was too low.
You generally charge per audio hour. I don't know what it takes other people, but I work on a 3:1 ratio, meaning 1 hour of audio takes me 3 hours to do. So I charge $75 an audio hour if it's not terribly complicated. Like I said in the other post, others charge $95 and I have even heard $115. I'm happy with it working out to $25 an hour, but I do spend additional time proofing it afterwards.
I like general because people don't seem to be as "stat" about things as in MT :) Sometimes the speaking is even nice and slow, like they are reading from a presentation so you just keep right up with it.
Diane
Have always seen charge more than $1 per min
x
how should I charge?
I have been approached by a doc who wants me to take over doing his transcription. He is a face/eye plastic surgeon. Most of his stuff is all templates. The only thing I will actually have to type would be the DX and procedure and then insert the appropriate template. (He does have over 98 templates)
He wants me to give him a quote but I have no clue where to start. I normally charge by the line but this would not be fair since I am just inserting templates.
Should I charge by the page, # of reports, hourly, or what. He does about 15 cases per week and the reports average 3-5 pages (again much of it templates).
Does anyone have any experience with this. I want to give him an answer today.
Thanks!
-Ang.
how should i charge
Well thanks so much for the replies!
After a few e-mails with this doctor today. I have proposed to him a per page charge of $2.50 to start. I looked at his previous reports, took the average per line count and adjusted it a tad lower since it is mostly his template. This way there is no question about hourly rate. Like I said...I only have to type in the diagnosis and procedure performed. He then dictates which template out of the 98 that he has to insert. (Don't know why he can't do it himself but on well.. LOL)
Here is hoping that I don't regret this decision.
Thanks again for the input.
charge
I cannot say that I did persay but my girlfriend did. It worked for her. They made sure to send her check promptly.
What to charge?
Hello to all,
I need any and all info in regards to contracting. I have always been a subcontractor but have now been approached at working directly with 2 of my doctors. What should I charge?
Thanks in advance!
I charge $60 for a
60-minute voice file, so that's $1 per minute. You won't be shortchanging him or yourself and also, he will know ahead of time the exact cost of the job.
Have fun with it. I do quite a bit of work that is non-medical and love it.
I charge...
12 cent per 65 char line, and I'm thanking my lucky stars. 11 cents per line is good too. You could always go up a half cent if you're nervous about jumping up a whole cent.
charge
I charge from 11.5 to 12.5 per gross line.
Charge them.
It sounds, unfortunately, like you are allowing your fears of rejection or whatever to cause you to allow them to disrespect you.
Hopefully, there is room for adding a codicil to your contract. Even if not, In a calm and professional manner, in writing, inform them that you need to start charging for the pickup.
For example: My personal favorite is 50 cents a mile, plus a minimum of $10 per hour for the pickup. If it's 14 miles each way, it probably takes at least an hour, including time spent in the office, going back and forth from the parking lot, etc. So, the entire trip will cost them roughly $24.
Offer them the option of digital delivery or providing their own pick up and delivery, shipping of tapes, or whatever option they decide that is mutually agreeable.
Also, indicate that they need to inform you when there will be no tapes. It is not your job to call them and ask, but their job to inform you when there will be nothing to pick up on the days that you have mutually agreed will be pick up days. In the case of when you go there and find no tapes, when they did not inform you of the lack of tapes for that day, a $25 fee will still apply. If you make an appointment with a doc and do not call or show up, what happens? Most of them charge a "no show" fee. Turnabout is fair play.
It is amazing how organized the office will become once you set limits and impose charges. They might even just ship you tapes once or twice a week and extend their TAT time in the process. Or, maybe they will quickly LEARN how to accomplish digital tape delivery.
How much should I charge..
How much do you think I should charge per double-spaced page for doing a one-time project, on my own equipment, for someone doing mental health interviews for a research project? If it was 12 cents per line, how much per page would that be? This is a parent at my kid's school who knows I work for a transcription company. I wouldn't use the equipment owned by the company, I have dictaphone machine that takes tapes. I'm not sure how long the project would be or the format yet. Just give me some idea of what you guys think. Thanks -
Well then she needs to charge for them.
They should have told her that up front.
I wouldn't be surprised if this office is a mess and that's why the MT up and quit. She'll find out that not all accounts are sweet. It goes both ways.
I would charge them; that's not fair and I wouldn't work for free or they'll expect it all of the time.
This may be an account that someone dumped for nonpayment. Have to be careful.
Charge, charge, charge; they can afford it!
What should I charge....
what should I charge for a "transcription" job which does not include tapes BUT does include taking doc's charts and combining them for a single report? Don't know all the work this will take but going for the interview and hoping to set a good hourly price. They agreed to hourly, I just didn't give a price yet. They have TONS of work but don't want to outprice myself. This is an at home job that I found after tons and tons of searching......I have 12 years experience.
Actually, there is still NO charge..
for M-Tec grads to take the prep classes. There is only a fee for the general public interested in the classes.
M-Tec is is dedicated to top-notch education and support, and that has not changed regardless of who has retired.
charge or not?
I am an IC. I worked for a clinic that has gone EMR. They are calling quite often to have me reprint reports they have lost, etc. I have taken them down there directly at least 4 times already and fax'd a few times, as well. Today, they specifically asked me not to fax a report, because it needed to look good (whatever). How would you charge for this or would you? The trip is 3 miles round trip and takes me 10-15 minutes by the time I drive down there and run the report in and come back home. I am trying to keep good communication going with them, maybe hoping they'll ask me back someday, but don't want to be a chump, either.
What should companies charge
After reading all these remarks and messages, I need to ask some of you who are so upset with your companies what percentage do you think the company should get and what should the transcriptionist get? What would be fair to you? No I am not management, just a small MTSO and would like your input as to what you think is fair
What to charge for book
I transcribed a book for a local gentleman and charged him $20.00 per hour. This was for ALL reedits. In fact, I'm still working on it with him and he knows it's $20.00 per hour no matter how many times he changes his mind. It's work well for both of us. I just have a hard time squeezing it in with all my other work. Hope this helps.
Book charge
I have done a lot of seminars which are probably a little harder than the books as you are listening to someone speak in a large group away from the microphone sometimes but I charged - depending on the difficulty as one was building a microchip -- 10 to 12 cents a line. Gross line. Revisions were by the hour at $25. They gladly paid it.
Patti
How much do you charge for copies? sm
One of the doctors I transcribe for wants me to print the notes and the cc's to other docs, but I don't know how much to charge for this. I have never had a doc ask me to do this before, as my other docs just copy everything themselves. TIA
HELP! How much to charge for copies? sm
Just got a new account; however, the doctor wanted me to take half a cent off my rate AND not charge him for his templates (even though it's my ink he's using) AND he wants me to do the cc's and envelopes at no extra charge.....I do not want to do this as I really think that's a lot of extra work with no extra pay....could anyone help me with this? What do yall do?
How much for evelopes??
How much for copies?? Thanks to everyone who replies!!! I realy need help on this one as none of my other accounts have asked for a bunch for nothing.
Suckered in the South
But how much do you charge for the actual
cc? He wants me to print out the cc also, and if there is more than one cc I have to print out more than one copy of the note...the notes are usually two pages long, too. Thanks for your help.
Holli
Charge for printing
I do transcription for a group of physicians out of my home as an IC. One of the physicians (an Indian doctor) outsources his work (fortunately, in the US), which is fine with me as I have difficulty understanding him. The office asked today if I could print his notes/envelopes after they're sent back to him and he edits them. Does anyone have suggestions on what I should charge for this printing? Thanks for any ideas.
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