MTSO payment
Posted By: Patti on 2005-12-25
In Reply to: LATE PAYERS - MoodyJen
I am a very small MTSO as most are aware and I always pay my gals prior to mortgage,electric or anything. But I also want you guys to know that all of these fringes that you guys want, 800 numbers, direct deposit, etc. cost us money and the more money we have to put out the less money we can pay you. I do not feel that you should be so upset about direct deposit, if you get you checked maile don time and it takes the mail 2-3 days you have to allow for that in your budget. I do not make that much off my IC's 2 to 3 cents per line and I put in a lot of work to make that 2 to 3 cents per line. We have expenses to cover also. If we charge our accounts more, they will look elsewhere or over to India they go. So we have to charge fairly to the accounts and pay you guys fairly also. Remember the saying -- until you walk a mile in my shoes, don't critize. I am seriously thinking about cutting back to working only for myself, making enough to cover my bills and retirement fund and let go of a couple of accounts and gals as it gets quite hectic balancing the amount of work -- either too much or not enough -- payments, QA, decent help and just keeping my sanity. So that is where I am probably headed after the first of the year. I think I simply want to be responsible for just me in this coming year. Hope all have a Merry Christmas.
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No payment
Would her name be Nina? If so, I can help with contact information. Please e-mail me at ellen1@mindspring.com with MT no payment in the subject line
One payment
Look at your 1040 and you will see that your taxes owed include SS and Federal. So when you make your estimates it is only one check.
non payment
infovision software, Kolkata, is not paying my dues (salary + others), resigned during Feb, now it April, Can any good fellow suggest anything? Not only me there are at least 50 MTs i know , who are also not paid after working with them.
payment for VR
So the account I work on has just purchased a voice recognition software. I see that a lot of the VR is paying about 4.5 to 5 ( and higher ) cents per line. Does this include the whole line or just the editing corrections you actually do for them? Please tell me that it is all the lines on the page. How could it be calculated any other way? I actually don't know yet if I will even be getting the installation as there are a lot of MTs working on this account & don't see how there could possibly be enough room for all of us. I might just have to work in another part-time job. Thanks.
Payment
Just wondering what alternatives there are when you don't get paid for work that was done and it's been months!!!! Two people (individual MTs) owe me money from back in February and I can't get them to respond, etc. HELP!!
Just ask for payment - with interests
1 .If you have no contracts - you have been doped.
2. If you have a contract -
Use it legally.
3. Stop all transcriptions at once until they have paid.
4. Report to the AAMT the incident with the contract, work loads, time and date.
That is my mortgage payment alone - sm
Our expenses for the month are about 5-6K per month.
It is a scam. I got one that says I never sent payment and they
are going to report me, but it doesn't say what the item is. I've also gotten one where someone says they are trying to Paypal me money but it won't go through and I don't have any items pending. If ever in doubt never click on a link in an e-mail but go directly to the website and enter/view any information there.
Billing/payment
On my larger accounts I close out on the 25th to 28th, since I keep daily line counts in an Excel program, I print that out, do my bill in Quick Books, get the bill to clients by 28th to 29th, I give a 1% discount on my larger accounts if they pay within 48 hours and they do so I have my checks always by the 1st. I have two smaller accounts that I bill on the 15th so I have cash flow throughout the month. I have never been stiffed, they have never been late, they never question my line counts and always write thank you on the invoice. This works for me. I know everyone says don't give away 1% as a discount but it works for me so I do it.
Non or late payment
Just giving all MTs out there that a company called med-tech is not paying or paying their employees late. I have done some research on them and have found severla employees complaining of this.
Non or late payment
Gosh! We work hard enough for peanuts as it is!
with what you are getting in terms of payment...
Then outsources like us are getting ripped off...
I barely make $5 for 8 hours.. you think that's fair. .. cause I sure *&%# don't.
Thank you!! I did request a stop payment and a nm
wire transfer or overnight but have had no response yet but it hasn't been that long either. Waiting for a response. I did email someone else who also works for them but no response from that yet either. My point is exactly as you said, being a week late, i am in deep trouble and it has costed me a lot as i go from check to check so like me and my kiddos are starving waiting on this check, lol. on the other hand, i make good money with this acct and don't want to tick them off as i love this acct but i am in a bind needing my money.
Payment to Santa's House
Here is the transaction number that Paypal gave me ...
December 2, 2005, $10.00 to MT Stars for Santa's House
# 1AF41998N6331691A.
Thank you
pagett4584@comcast.net
I agree but ask for full payment
good luck
...maybe incentive pay like OT or payment for bonus
s
Should I make the car payment, pay the electricity, or
buy a few small Christmas presents for the kids? Of course, the electric company won't wait one more week to get their money.
The Jan. 15 payment is for last quarter in 2007.
x
I ask for partial payment upfront if they were
Make a tax payment every pay period online.
I use the Electronic Federal Tax Payment System because I also am incapable of saving money. When I deposit my paycheck, I immediately go online and transfer a percentage of my check to the IRS. You can do it weekly, biweekly, quarterly--anytime you choose. It requires setting up an account with your SS# or tax ID#. Then you designate a bank account to be debited. They snail mail you a password and PIN about a week later. As soon as you receive your PIN, you're set to go. When you make a payment, you're given a confirmation number. The system records each payment and the date it was processed so you have a record of all your payments and the date the payment was made when you organize your tax info at the end of the year.
My mortgage payment is nearly that much. Ten year loan.
You have no obligation to assist in college payment.
I don't understand why so many parents these days insist on handing their kids an education while going into debt over it. My nephew had to work and find scholarships to go to college. My Dad worked the railroad to pay for his college. I'm still paying for my own college, and I've got a kid ready to start college in two years. I told him I'm not paying for it. He needs to get his grades up, find some scholarships, and work. You don't appreciate something you don't earn.
Your son will get a reality check when his bills are due.
Dud you send a demand payment letter? sm
You can find a sample one by Googling.
If you do win in small claims court, the judgement will give you legal ways to collect. For example, having the sheriff put liens on bank accounts, using a collection agency, etc.
Good luck to you. I have been in your shoes and, fortunately, the demand payment letter worked for me.
Mortgage late payment question. sm
I have 18 months left on my 30 year mortgage, roughly 4K left. If I don't pay my February 1st payment until March 2nd, is it likely they will demand the whole 4K immediately? Just broke right now.
Beg, borrow, or steal not to have that payment be late!!!
It does not matter how little you have left on it. Late is late in my opinion.
agree - haven't had a car payment in years
paid $6000 cash for a 93 Volvo wagon back in 2002. Too many people think they need a new (or pricey) vehicle and really have better things to do with their $400-600 per mo. Every time I look into getting something new or simply newer, I decide that I neither want to take that much money out of savings, nor do I want to have such an outrageous car payment. I would totally prefer a brand new car, but it seems like such a waste of money.
Try calling back about a payment agreement.
deal with compared to my state department of revenue! I owed taxes over $10,000 in taxes two years in a row to the IRS, so over $20,000, and they let me make payments on it and I got it paid off. I also got the INTENT TO LEVY notices, but when I called and set up a payment agreement they stopped with the threats.
Right now I owe the IRS about $5000 and when I called to set up payments I asked them if I could make payments of $150 a month and they accepted that without question. I was a little afraid to suggest such a small amount, but they took it.
Now my state department of revenue is much meaner than the IRS. They told me to pay what I owe them in six months or else. They put a lien on my house. They will only accept payments if I take the total and divide by 6 and pay that amount each month (impossible for me to pay that much) so I am just in a holding pattern seeing if they are bluffing or if they really are going to do something.
I'd say if you really have nothing of value the IRS can get, then it is to their advantage to work with you. I think you just got a bad agent. Call back and try to get another one that will work with you.
How I solved the late payment issue -
- with most clients I started subtracting a certain amount (or free of charge) for each report that I turned around late (far and few between) even for circumstances out of my control, while at the same time charging them late payment fees. I also started accepting credit cards.
Thank you. As long as we accept payment like that, they will continue to do it.
If we do not accept jobs that pay without spaces, then they will realize that we are not going to continue to do something for nothing. How many of you do several things throughout the day at no charge? Now this...
Prepaid Visa Card for payment
Has anyone used a prepaid Visa card for receiving payment for work? Is this safe? Thanks
No you are not! I'm a single mom and I'm trying to make a house payment, pay utilities.... SM
buy groceries, and provide for my two kids all on one paycheck. I recently got a job doing QA and getting paid per hour and that has helped me tremendously, but I know how it is to scrape by on 8 cpl, low line counts due to a number of factors that work against us (high ESL accounts, technical difficulties, and interruptions). It isn't worth shelling out $300 for certification when you get very little in return not to mention the $300 could be better spent on clothes for the kids or to pay the electric bill or to buy groceries, etc.
We should be treated better than slave labor! It's ridiculous and very discouraging to say the least. Hang in there! I've been studying coding on my own and I'm about confident enough to take the CCS exam. After that, I may move on to RHIT, but that means back into the office. So we'll see.
Agree, checks not definitive proof of payment.
x
Send him a certified letter with bill demanding payment within
within five days from receipt (make it RRR). You have your proof that you notified him. If it is not picked up or signed for, you have your proof that occurred to. All these things go in your favor when trying to collect money. that's just a starter. I would never have let him get away with it this long. Once would have been it.
Dell will finance at a very reasonable rate, just bought one and my payment is $50 a month with no i
just start charging interest. I am using my IC job to pay it off. Medquist does furnish computer, Amphion furnishes but with a monthly fee that is refunded at the end of a year's employment, I think.
Send a letter of demand payment (check Nolo Law websites) - sm
to find any legalese you may want to include on it), and send it via Registered Mail, so that she must sign for it and you will get a receipt proving she received it. If she doesn't pay by your demand date, file a claim at Small Claims Court. Very inexpensive, and if she doesn't pay, and doesn't show up at court (in your state), you win by default. If still no payment, you can return to Small Claims and put a lien on her car, her house, anything you want, which can be forcibly confiscated by the Sheriff and then you can sell it to recoup the money owed to you.
Request that they place a stop payment on the check, reissue, and mail priority or overnight mail
If they refuse or invent unbelievable excuses, you'll know you have a problem. If MY check was a week late, there are many months I would be in deep trouble.
I realize checks occasionally do get lost in the mail. If they are 100% sure it was mailed, then they shouldn't mind issuing another.
Be firm and be persistent.
No brainer here. Stop payment on first check before you issue 2nd check.
:+
what is MTSO?
I'm an MTSO. I can tell you....
We don't hire *anyone* unless they have successfully completed a college education, meaning an associate's degree, in medical transcription. It doesn't matter if they learned on the job, learned in their garage, learned on their patio, learned it on their own 25 years ago or 25 months ago, taught themselves or taught the next door neighbor, or if they used to be a nurse, doctor or janitor. The short and simple of it is: No formal college training in MT, no job! (And that includes the "make-$40,000.00-a-year-correspondence-courses, too!). We've seen the handiwork of those who say they're self-taught, and it's not pretty!
mtso
Amen!
I'm an MTSO
and trust me I believe in paying above average for an above average job, but when you can't get the docs to cough it up because you've got third-world countries and VR breathing down your neck, not to mention newbies fresh out of school who will do it for even less, well, what do you expect...the MTSO to pull it out of her pocket to pay for you to work. Never forget ....MTSOs have to make a profit. They're entitled to that dear....If not, there's no reason to be in business. If you don't like what you're being offered, you're always free to get brave, strike out and get your own accounts.
When I was an IC I sent my MTSO
Christmas lottery tickets, which he loved. Nothing compared to the $500 bonus he gave me. Now that I am working for a large national, I'm just another number lost in the shuffle. I probably won't send them anything, don't expect anything from them and probably will receive nothing, though a full day's work would be nice once in a while.
I am a MTSO
I am a small MTSO and also IC'd for another company a couple of years ago and something similar happened to me. However it was probably a little different as I did the pick-up and deliveries although I was an IC for the company. When she did not bill the clinics so that I could not get paid, I knew the clinics and so I went to them and told them that after a certain date I would not be doing their sevice because I was not being paid -- a little different than your story but you can also let the clinics know how that service is being run. Again, only after you write your calm, fact filled letter. But if someone threatened my business with anything like that - going to my accounts -- they would be paid within 24 hours. Reputation is what counts in this business. But again, just write to them calmly and with the facts asking them to prove that you had signed a contract, then giving them 48 hours to produce such contract or send you a check for your services or you will see them in court. Again, I would threaten to go to their accounts to let them know how they run their business but only as a last resort. But just do it, write them you deserve your money. Was there problems prior to quitting and that is why you just left suddenly -- I know this leaves them in a lurch but if they were a crummy company they probably deserved it. Also if you did not sign a contract stating you would not go after any account you worked on for two years go for the accounts.
I'm not a MTSO, but
my hospital's TAT is between 24 and 48 hours depending on type of report. When I worked in-house, it was from 2 to 48 hours, with Op notes/HP having a 2 hour TAT. I think it varies a bit between hospitals, but as a general rule most reports are no greater than 24 hours. Sometimes discharge summaries have a longer TAT, such as 48 hours. I don't have any experience with VA hospitals, but they probably aren't much different.
What would you do re this MTSO?
I am an IC for a small MTSO. I have a deduction taken from my invoice every pay period for renting Transnet equipment. My foot pedal broke and I asked urgently Monday morning for a replacement foot pedal to be Fed Exed to me - work was on the system and needed to get done. Well, after many many phone calls and e-mails I got the replacement foot pedal via Fed Ex (they shipped on Friday) on Saturday morning. So I worked all weekend to get caught up on a whole week's worth of work. Got my invoice yesterday (late - the MTSO has rescheduled their payment schedule as they are not getting promptly paid by their clients - the ICs had to accept the new payment schedule or quit). There was a deduction for $40.13 for delivery fee for the foot pedal. The Accounts manager says that "many memos" have been sent out that ICs are responsible for delivery fees. Huh? I looked over the memo I received about Transnet rentals and it said our invoice deduction covers maintenance costs for faulty equipment, etc. (the MTSO had originally said I would be billed for a new foot pedal - then I brought up the memo on rentals that covers faulty equipment and that got dropped pretty quickly). I told the Accts manager that postage is the MTSOs expense, just like it is my IC expense to return the faulty equipment to the MTSO. I also mentioned that the MTSO pays for phone charges to fax stuff to ICs; likewise the ICs pay for their phone charges for faxing to the MTSO.
What would you do? I am so fed up with this MTSO...I don't make that much money on Transnet anyway (most of my lines are from microtapes) that I am tempted to just tell her to take all of my doctors on Transnet and quit doing these willy nilly deductions without my approval or knowledge. This is the third time the Accts manager has taken "deductions" from my invoice without telling me - the last time was for Chicago taxes on rental equipment (totally illegal according to Cook County govn't) - that took 2 weeks to get straightened out! Arrggghhh!!!
i'm not an MTSO,
but i think you did right and my guess is that within 6 months to a year, they'll come back to you.
MTSO
I have checked the labor sites and just could not find anything. In the beginning, my accountant told me I would need to either collect sales tax or get a wholesale exemption from my client, but after calling the local and state sales tax offices and being told I didn't need one, she changed her mind too. The problem with offices is you don't always get the right answer but you are still responsible for the results. I just thought if nobody else charged, then I could be pretty safe in not charging as well. Thanks for replying anyway!
MTSO??
x
MTSO
I am just starting with an MTSO and looking foward to many, many happy years with them; locally based to my area. Can't wait. Start training tomorrow.
Everyone should be IC/MTSO at least once
it gives you a great prespective on where your money goes and how much goes to taxes... people think that when you are an employee the employer is "giving" them benefits, paying their share of the employee's SS taxes, etc. but actually the employee is paying indirectly, reflected in their wage amount, cpl, etc. They just don't have to write the check for the taxes, it's taken from them before they can see it. The problem with being in this business and being IC is that you need to make a better line rate than an employee and people do not realize that until the tax bill comes. I had to go with a national last year as my large physician group went to an EMR, so I switched to employee status. They were only going to pay the same line rate either way, so it works out better for me now to be an employee. As an IC/MTSO I had alot of deductions, kept every reciept, took depreciation, mileage (a big ded for me as I live in the country), etc. but now with my national position everything is internet, no printing documents, etc. so it only made sense for me to switch to employee. I have another sideline business which provides plenty of deductions right now and not much income. Planning is key whenever taxes are involved, check out the IRS publications or home business books, etc. Some great information to avoid the same tax problems next year.
MTSO
I loved your comment about the outhouse!! :) (And some of the matchbook schools could well BE outhouses for all we know.)
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