If I'm an IC and I don't get paid what I invoice but rather what they decide I really made, am

• If I'm an IC and I don't get paid what I invoice but rather what they decide I really made, am - another MT
  • That thought occurred to me as well. - me, too!
    • 1) do you have a contract stating line counting and line rate,sm - questions for the IRS

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If it were only adding up to three bucks, I wouldn't sweat it. $100? Yeah, that's baseball registration for my son for this year. I am not giving tabs, returns, etc. away free when it adds up to that much difference!  Why should I charge less for a Return than I would for a"K"?

Hospital account....it didn't pay good in the beginning because I was just learning to docs, but as I got faster and made my normals, I made good money....very good money....

This, btw, was working 5 1/2-6 hours a day, 5 to 7 days a week. I miss it but needed a job with bennies. I'm no spring chicken, but if I was asked to quit my normal job and come back to them, I'd do it in a minute...if DH would get a real job...(he's self-employed too).

I use Quick Books to do my invoice and do a total for each doctor in the clinic (one line each) it automatically put in the per line charge and enters th entire charge.  I also keet a spreas sheet for my 5 accounts (9 docs) and update it sometimes daily or weekly but keep track by day.  Since some accounts are charged different rates it keeps track of my monthly income and I can project by the 15th whether or not I will be able to eat the next month.  I then highlight each clinic at the end of the month and attach it to their invoce.  My accounts like that as it shows what doctor did on each day.  In my 18 years of doing this have never been questioned on any of my invoices. 

Patti

I keep a spread sheet going in Excel showing by date and doctor (I have 3 clinics, 6 docs) their daily line counts.   I do my invoices in Quick Books showing monthly totals by doctor for that clinic taken from my spreadsheet and print a copy of the spread sheet -- showing only their line counts and attach it.   I like the spreadsheet as it tells me if I am on target for the month, etc.  The Quick Book keeps my totals for tax time.   As I have said many time, the simpler for me the more time I can spend typing making money.  Any more questions, E-mail me and I will try and help with more details.   Patti

This is my first account.   This is the format I'd like to use for my invoice.  I want to be 100% sure I'm not missing anything.  Thanks so much!  I'm open to suggestions.

My name, address, phone number

I consider it a good business practice to pay the sub as soon as their invoice is submitted. After all, don't you expect the client your contract with to do the same for you. You really should have paid this $100 invoice long before now. You have no recourse and should consider this a lesson learned.

Personally, I don't think you have any business subbing out work if you're no more prepared to pay and, apparently, are careless with the information that your sub receives from you. You could also be considered breeching confidentiality if you're not having the sub sign some sort of understanding regarding the confidential nature of the work you're sending out.

I would love to use MT Stars FlashCount for invoicing, although I cannot seem to find a solution on how to get the typed reports to the program without having to click on each one by the patients last name.  It would just be too time consuming and not worth it if that is how it needs to be done.  Is there a trick to this?  I do about 300 reports a week for 4 doctors (and I save all reports for about a month on my computer), so I am looking for the quickest and most dependable way to invoice. 

Thanks for any and all advice. 

Email attachment to either webmaster@mtstars.com or admin@mtstars.com

Thanks,

Administrator

Seriously, I am making up an invoice template and need to know if most people put "Thank you" on the bottom of their invoices.  I cannot find any on the ones that I have recieved from other companies, but then again, I only have a few.  

Thanks~

Can anyone give me a good program to invest in that would allow me to keep a line count and also provide invoices? Also, is there a recommended HIPAA approved transferring site to transfer files through the net? Thanks a bunch!

I know the going rate in our area is 14 cents per line.  As MTs most companies here pay us 8 or 9 cents a line.  Now add in the Editor rate at 4 or 5 per line..you are paying OUT more than you can charge a line.  How would companies stay in biz?

Unless all work is sent by the company overseas at pennies per line, this would not pay for a company.

just curious how this works out

National SE/employee  versus  small MTSO IC

I have my opinions based on my experiences, but I'd like to hear your opinions.  I wish I could have a hybrid of the two.  Steady workload, but a flexible schedule as long as xx number of lines was done per day.  Mostly the same dictators over and over, but still available to help out if another account needs it.  Is there such a creature out there?  Or am I dreaming the impossible dream?  I'd make a list of all my wishes, but I fear I'd be laughed off the boards.  LOL 

nm

I worked as a hospital employee, then IC for quite a few years. Everytime I asked about employee openings, there were none. I would always be out of work for 2-3 months in the beginning of the year.  I finally quit and got a job with a national. The hospital couldn't keep up on the work and asked me to come back and work weekends and days I did not have anything else to do (that's a joke!).

Now I understand they are going to hire another FT MT. I want to apply mainly because of the health benefits, as I am paying $600 a month now.

 I love working for the national but now my problem...I still feel loyalty to the hospital. I don't know what they are paying yet or what the hours would be and don't even know if she would hire me full time.

I know I should take into consideration the benefits, etc. and compare it with the national, but the work at the national company is so much nicer with regards to the doctors and program they use. The hospital has a lot more ESLs to contend with. The only problem with the national is that I have a hard time getting my production and a lot of days, I get really stressed out.

What is the going rate of a in house MT in PA?  I have 10 years acute care experience. What could I expect to be offered?  Thanks in advance for your help.

She would not hire me before because I worked 7 days a week plus holidays. This will probably be the sticking point even now. Plus there is a new CEO there that tries to tow (sic) the line on hiring.

My husband has a heart problem and we really need the insurance (he's self-employed). He is working but I don't know how long, until he drops dead, he says. I don't want to see that happen. Been with him 40 years, but we can't afford to get his heart fixed right now. (Does that give you an idea of our ages). Aw heck, he probably wouldn't do it even if he could, so who is he fooling? He's a workaholic like me. I made a lot of money through them as IC, but really need to get away from that status. We were paying through the --- to the IRS and we're tired of it. I know if I was hired, she wouldn't need the 6 per diems she has now plus the mandatory OT.

Another thing...the hospital is only 37.5 work week. I would probably say yes to any OT or extra time because that's the way I am, but I'm in a hole now $$ wise.

I really would prefer the hospital but I don't want to be suckered into working for less than I'm worth just because I have no idea what they pay. If I get my speed up with the national, and I'm sure I will soon, I should be able to make more, but I don't know the first thing about nationals either as it was my first job with one. All I know is I'm doing as well as expected.

 I thank you for your input. 

be it weeks, months or years, drop me a line, that is if you don't already have someone in mind to take over your accounts, unless you are just planning to give them notice and let them fend for themselves.  Obviously if you are doing tapes this would not work unless we are near each other which I doubt (I am near Richmond, VA), but digital would work just fine and that is how I work now.  I am always looking to add on and looking to one day have a few people working for me.  So if you have the inclination e-mail me, and I will email back with my information. 

Both IC and employee have their advantages and disadvantages. Do you need insurance or not? Based on what some people are saying the health insurance offered by a company is not always the best offer out there. Do you prefer flexibility or do you want to work a set schedule?

To receive full benefits you might have to achieve certain line requirements. I just switched from employee to IC. My employer did not offer much regarding benefits and did not always offer enough work so that I could achieve the line requirements. They only offered paid vacation. Now I have the flexibility and am making the same amount per line after tax deductions as previously before tax deductions.

Not every employee position offers full benefits. Also, depending on what type of work you do, the quality of the dictators and your QA team, you could make more money as an IC.

Maybe not the question IC or employee is as important as finding the job that suits you best.