Line rates can also be regional. Too many variables to

• Moneymakers tell us your secret?? - Leanne
  • On a good day - lisamt81
  • Money - Donna Gay Vineyard
    • Oh goodness you took the words sm - mt30+
  • I averaged 250-300 lph, 65 cpl. sm - mt30+
  • Line rates - minimouz
  • Not all jobs are created equally either. - TinaK
    • That would be my point as well - ND_MT
  • Not all 8 cents a line situations are created equal sm - Expander DIVA
  • how much - sa
  • I avg 225 lph - Happy MT Robin
  • I won't give my line rate, - CrankyBeach
    • Not *discussing* your line rate is a bunch of baloney....encouraged by employers.... - Kiki
      • Actually, I was told that back in 1972. - CrankyBeach
        • I don't see the harm - Querying MT
          • Your post is exactly why I don't divulge my pay. - mt2
        • I can understand that, but it you found out - Kiki
          • that has worked for you and that is sm - mt30+
        • I agree 100% with you! There is sm - MT30+
      • Line rates can also be regional. Too many variables to - sm
        • Plus, line rates vary within the company - Happy MT Robin
    • How is giving $-per-hour average vs - cpl rate *not discussing pay*?
      • Because I am not paid by the hour; - CrankyBeach
    • Line rate - TBaum
      • There had to be a miscommunication...sm - Former MQ'r
      • Wow, really makes you wonder what they - sm - XXX
      • That was before the days of outsourcing to India and voice recognition. - --good old days!

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the different companies out there?  I feel lost and confused.  It seems like everything is changing daily, and I am not being organized enough to keep up.  I am about to actively look for full time employment again but if there was a list, I would be able to sort through a lot more quickly. 

Can anyone help?  I am going to start keeping a chart myself in case anyone needs this in the future.

I have only been working from home for 8 months now and my previous MT work was done while i was office manger and of course i was paid hourly but did more then just MT work.

I was wondering what is the going line rate other companies are offering??

I was an hourly employee hired in 1989 at 7.00 an hour, and after 17 years was making 13.00 an hour when I left due to my job being outsourced.

My first IC account paid $1.50 a page, and I got a raise to $2.00 a page (dumped for nonpayment).  My 2nd IC account pays 10 cents per gross line including blank lines (Word), and I haven't gotten a raise in 10 years; afraid to ask; I sub that work and make a killing.

My 3rd IC account on my own I charge 12 cpl (65 cpl w/ spaces), and I can get his work done in no time; so I average about 50.00 an hour for that.

My online account I started at 7.5 and now make 8 and do all clinic work and easy, peezy dictators, no set schedule; no line quota; and no they are not hiring.

My Salary approximately:

2006 - $27,000.00 a year approx

2008 - $45,000.00 a year approx

I never realized I could double my salary if I worked for myself and worked production instead of hourly.  WOW! 

I'm just curious, is anyone out there charging extra to do ESL dictations or dictations from the really difficult, horrible dictators?  I know it is be hard to break these out from other providers of the same group who are of average difficulty but it just seems as though we never have any idea of the quality of the dictations when we agree on a line rate.  Then, whammy!  You discover the quality is really poor.  Sure some may be good those that are bad tend to be really bad.  I think we should be able to charge extra for those.

I'm an experiened MT and it never ceases to amaze me how we set a line rate, but then that goes down the tubes when you get providers who dictate in broken English (taking lots more time to re-listen) and/or those that leave huges gaps of blank recording while they look stuff up, answer their cell phones, etc.  (I guess this is where charging by the recorded amount of time would help). 

Any creative line rates out there to compensate for these, i.e. charging differently for residents, ESL providers, providers who do not know how to use the pause button????

Hi,

Could I get an idea of the "going" line rate for clinic dictation, please.

They tell me I am too expensive and want me to lower my rates......

Thanks, I really appreciate some help.

As we all know, line rates for ICs continue to fall due to offshoring and other issues involved.  I can no longer quote a decent line rate or I hear the phone slam in my ear. 

Therefore, I've decided to do what I have to do to compete and get accounts, which is lower my line rate to 10.5.  Naturally, I am not going to give this large cardiology group a 65-character line for that rate.

What do you feel is fair for me and the group line character-wise for 10.5 cents line?  I was thinking of a 50-character line.  Your opinions, please.

Thank you!      

For my smaller accounts I charge 12 cpl under 4,000 lines per month.  For those from 5 to 15,000 lines per month I charge 11.5 and I have one account at 10.5 but that is only because he gives me a week's turn around time.  Again, I look more at what I make per hour than what my cpl is and if I make $45 an hour at 11.5 I keep it there.   Even with the 10.5 cpl I make close to $50 an hour.  But if it is a large account and it goes close to 2K per month, they will freak out.  I do give a 1% discount for payment within 3 days of receipt and they all love that and do pay mostly the next day.

Patti

I know there is a similar post further down the board, but I am in a similar situation....how DO you figure out what to charge your client?  I think charging what you made as an IC and then adding a few pennies makes sense to me.  Do other MTSOs think that is reasonable?  If there is no way to know what the previous transcription service charged, do you just ask what the CLIENT thinks is reasonable and go from there?

Also, lets assume that the MTSO (very small, of course) has a remote phone-in system...how can the MTSO figure this into their price?  Do you bill them separately for phone charges  or just tack it onto the cpl?  If so, that makes figuring the cpl even more complicated. 

Any wisdom from other MTSOs would be MUCH appreciated!

I've looked through several old threads on this board about eScription/EditScript and have seen those who love it and those who don't. I may be moving to an account that utilizes this platform and am trying to see how my earnings might be impacted. I understand there will be a learning curve, but I anticipate getting "up to speed" quickly as I have always been fairly good at learning new technology. What is the average  line rate I can expect using EditScript software? I've seen rates quoted from between 3 cpl up to 5 cpl.  Is that right?  Is anyone making more than 5 cpl editing? 

What is the average line count for editing I can expect (hope) to achieve?  I've seen some say 300+/- lph and others who can do 600 or more lph.  What is the highest sustained lines per hour one can expect when editing, if utilizing all the keyboard shortcuts, etc., available? 

Thanks for your input. 

q

can anyone share what going rates are for IC and transcription services  in their area?

I'm trying to get my own docs and want to set rates that are equivalent to everyone else so as not to undercut and lower our industry standards. But, I can't seem to find out what rates are locally, soooo, as much input as possible would be appreciated.  Anyway, I know that local family practices have been quoted by the hour, by the minute, by the line, by the page, and so on.

I don't really want to do by the minute -- it makes them feel like they have to dictate at sonic speed. Some of them balk at by the line because no matter what you tell them, they feel like they are penalized for having nice formats. They balk at by the page because they think you will extend it to 2 pages for more money. Then there are the ones who gripe about hourly rates because they feel like you will type slower to make more money. I actually typed a sample tape for a local practice a year ago and based on my rate the office manager figured it up PER PATIENT and said it was too much!! 

I know family practice docs and nurse practitioners don't make that much money but dangit I gotta feed my family too.

So help, please!!!!

and what company to help turn things around in this industry, meaning, the 4,5,6,7,8 9 etc per line which is grossly under paying if one takes the time to figure, how many lines, how many lines per hour, per minute, per second to make HOW MUCH PER HOUR.  This is the key, how much per hour you make.

With a list of where to refer to, it helps curb this slave labor mentality.

THE MTs NEED A SECTION ON THIS BOARD to list going rates so the industry becomes more competitive and not at our expense with all this " supply 3 phones, supply long distance TO THEM. BUY THIS AND PROVIDE THIS TO THEIR COMPANY.  Buy this license, this software. 

My contribution: As taken from their ads the last month (looking back) at least 10/ln

Future Net Tech - California  9-10

CPR Tech California 10

Digital Records California - California

Phoenix Trans

Keystrokes Ill.

Tidewater  Virg.

Trans tech

Ascend 9-11 BVirg.

Paladin

TTS New Hampshire

Softscript - California

MWPS Michigan   Rad.

i

CPR - California

Phoenix

nix

I recently had a call for family practice dictation and I offered 12 cents per line.  Have always charged by the gross line and was charging 14 cents, which I thought was too high, so lowered it to 12 cents.  However, the more I am reading I see that 65 character seems to be the way everything is getting billed.  I also realize at 12 cents per line I lose a lot going to 65 character lines. 

I also realize with family practice that they might have a lot of times where there is one or two words on a line and probably wouldn't be too happy about paying for gross lines. 

I guess I'm looking for advice on charging.  Is charging for gross lines unheard of anymore? I have already quoted the 12 cents, so that will have to be my charge.  But as far as gross or 65 character, I haven't been asked that yet but would need to have that absolutely straight with them before starting.  Any opinions would be greatly appreciated.  I know I'm a little behind the times and am trying to catch up and stay competitive also. 

Thanks!

However, you fail to see that if the company itself was honest about the company, its structure, the software, and the accounts, few MTs would leave so quickly.  It's the old saying of what came first, the chicken or the egg? 

To the original poster, if you feel uncomfortable with a company or an account, by all means go with yorur gut feeling.  If you feel somehow responsible for accepting the job without researching it first and want to keep your side of the street clean, you can always resign and offer to return the equipment at your expense.  As always, make sure you get a return receipt, but this might make the ending to this chapter of your life more comfortable for you. 

Good luck in whatever you decide to do!!!

Farther on down there are some comments/replies to this question.  It depends on whether or not you are doing digital, picking up tapes and delivering back hard copies, etc.  Also your experience.  As much as everyone thinks that we MTSO's rake in the big bucks by subcontracting our work -- we are lucky to make 10% after the cost of gas, if we deliver and pick-up, the non-billable hours of invoicing, QA the account, the marketing, the customer service to the account, etc.  Also be prepared that you will be the one to cover when that IC decides not to work -- as an IC they have that choice, call in sick, or whatever and if that happens with 2 out of 4 you are up all night typing.  That is why I have cut back to have enough for mainly myself and one I/C that works a very small account and if something happens I can cover easily.   Also think about who will cover for you and the administrative part of the job when you go on vacation or get sick.   But all that aside, start small with one account for yourself and charge what you feel you need to make a decent hourly rate, .11 to .13 cpl either gross or character count seems to be a good starting point if that is what the going price is in your area.  Pay your IC's .08 to .09 cpl so that they can make a "decent living" that they want.  I am not trying to tell you not to just pointing out some of the pittfalls and to start off smaller with just one account for yourself, get used to the "business" aspect of it as well as the medical and then in a while if all goes well grow.  Also remember that just as easily you get that new account, you can lose one and then you will have to lay off your IC's as you yourself will need the work.   Also remember that when those docs are on vacation, around holidays or the summer the workload goes down and that is usually when the IC is clammering for more work and wondering where is the work.   Remember to keep enough money is reserve to pay your IC's on time so that when the clinic runs 30 to 45 days late in payment, you can pay them and not yourself or your bills.    Even though they are a business also, they want their money whether or not the account pays.   Have enough work on hand to keep the accounts happy with 24 TAT and those "emergencies" of being one person short but not too many so that your help runs out of work and especially when the account decides not to dictate for 3 days and then you get it all at once.    There are accounts out there but you have to probably send out 100 to 200 flyers/contacts made to land one and if you are willing to put in the time -- go for it. It is not as easy as everything thinks but for those with the determination and drive it is there for you.    Good luck.   Patti