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Percentage of loss.

Posted By: MTinIL on 2007-09-20
In Reply to: math people, please help me--sm - Debra

Line pay it's about 15% if my calculations are correct and as far as vacation/holiday pay, it's about 27%. So sorry for you.


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My dwindling paycheck, loss of benefits, and loss of respect is all the proof I need. nm
,
Percentage?

Can anyone estimate a percentage of letters/words straight typed versus expander?  I am quite sure no one type 100% expansions, but I am hoping some of you can give a good estimate.


I make lots of them but am wondering what your ratios are.


Thanks for your feedback! 


You can only take a percentage of
things related around the home if you have an office. I take 7% off of anything around the house, but not 100%. I take 50% for the internet. I do take my office supplies off, but only a percentage, I do use my printer for things other than work. Having a home office and taking deductions is a red flag for the IRS.
You can only write off the percentage actually used...
for work.  Who uses 40% of the space in their house???  I write off 10-15%.  You also must use that work area for work only.  Come audit time (and it eventually may happen), you will need to show a floorplan of your house and what area is for work exclusively.  If you're writing off 40% you will be in deep doo-doo. 
but what percentage of hospitals allow that?

From what I've been reading ... the home-based service MT is averaging 8 cpl, for those dictators which make you run screaming from the room. And, I don't forsee things improving. Then again, some are lucky enough to make a line rate worthy of their skills, without worry about the dictators from Hades.

This is a bit out of date:   http://www.bls.gov/oco/pdf/ocos271.pdf


Percentage of ESL dictators
Have been lied to on 2 jobs now and it is about to give me a nervous breakdown wondering how in the heck I am going to pay my bills with so many ESLs.  They tell me 35% or 50%.....90% or more is about right.  I'm looking for a non-MT job after almost 10 years as an MT.
Some companies just take a percentage
of each report to compensate for headers and footers, not what those headers and footers actually are. The same thing happens to me at my company.
What percentage for state and fed? nm
x
Yes, renters can write off percentage (sm)

of apartment/house used for work.  In the area where it reads, "rents," you can write off percentage of house used.


Brother is a tax attorney and helped me out with this.  I used to pay a fortune, but no more!  On top of that, if you are claiming under $25,000.00 they don't even check for small businesses anymore.


Just trying to help.  You sound like a tax man!  A tax man will say the same thing, you can't write off this, you can't write off that, but if you read the IRS publications there are a lot of things you can write off.  They don't want to end up in tax court, want to run through your return and get it done.  They don't care if you pay a fortune.  If you have receipts for everything what are they going to do?  The IRS is not going to bother with our piddly incomes.


How is the error percentage calculated? nm
nm
I do all ER and only a small percentage are gruesome. sm
The bulk of them are minor car accidents, asthma attacks, chest pains, bug bites, high blood sugar, household injuries, rashes, babies with fevers....and on and on and on. I thought they were easy to learn and get used to because so much was so similar, docs use the same formats for dictating. The charts flow pretty quickly and I make good money on them.
What would be a late fee or percentage suggested?
I think your idea is excellent. Other companies do this. Why can't ICs? Of course we can. But how do you decide on the late fee amount? Certain percentage after a certain number of days. What is the usual company procedure on this? Does anyone know.
You pay your home state tax, whatever percentage that is. You can claim
deductions for anything associated to your job....i.e., a percentage of your utilities, expenses such as supplies needed to do your job, etc.  Save all receipts for any of those items that you purchase related to the job, and I think the 1099 would be sufficient. 
As far as I know you can earn up to a certain amount - you cannot exceed a certain percentage of the
salary you were making when you took your disability. I do not think it is uncommon to work as you could certainly not make it on disability alone.
What percentage productivity gain do you get with InstanText?

Am thinking of switching.  I currently get 400% productivity with SH8 (it types 3 characters for every 1 I type).  Can anyone out there get similar figures with InstanText? 


So MQ explains how they arrived at the increased production percentage for ASR.
It appears to be a good study with what was excluded.  However, don't tell me about the opportunity for increased financial gain with this so called wonderful increased production of 30% when you decrease my pay by 20%.  The only financial gain I can see in all this is in the profit margin for the company. 
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. 
It is irrelevant what percentage the service takes of 'your' earnings...sm

what matters is: is it worth it to you to work for that rate? On some accounts, my IC's might make only 50% of what I charge the client, on others they might be paid 80%. For one physician, I might charge 12 cents a line - if another calls, says they are in a jam and desperate to get their backlog done, I might bid it at 14.  But if you are satisifed with say 8.5 cents a line, it doesn't matter if your MTSO charges them 9.5 or 19.5.


As far as line rates to physicians, again, it depends on what the market will bear. You could call local physician offices and tell them you are an independent MT service and you are getting price ranges for the locality, and ask the OM what they are paying. That would give you an idea of what is competitive. In West  Virginia, they might be charging 18 cents per line, in Chicagoland they might be charging 11.


 


The line rate


You're probably right. Plus we're losing our percentage of good people by .... (sm)
allowing every loser from every 3rd world country on the planet to just stroll on into our country, some legally, most illegally, and take advantage of the social services all us hard working little gerbils pay for by having money taken out of our pay every month. But I don't think we're all lazy. Just the ones on permanent welfare driving around town in brand-new Cadillac Escalades. Saw one just today on the Bayshore Fwy. Brand-new black Escalade with expensive spinner wheels, with 5 or 6 Mexicans in it. Well, who knows - maybe they stole it and it was on its way to a chop-shop. Smart-and-hungry people aren't always hard-working and honest.
So sorry for your loss.
I'm sure your sweet Lady knows you love her, and she'll be waiting for you over the Rainbow Bridge.
I am at a loss too regarding this sm
I was called on Friday by my supervisor. She begged and pleaded with me to please work this holiday weekend, and I said yes (my own stupidity since we get nothing extra for doing this).

So, I came home early today to type more and........no work! DQS has nothing for me, and I do 6 different accounts. Let's just say I am a little upset. Yes, this is the Amherst office.


loss
I certainly understand what you are going through. I lost my brother 2 years ago and it still hurts every day. We were so close, I was his major care giver for his last 2-3 years and i still find myself picking up the phone to call him! But I must say, the hurt DOES eventually lighten up a little bit. Good luck to you!
Sorry for your loss...see msg
Please grieve in the way that helps you. I know this doesn't sound like much help, but I grieve for a father I wished I had known. I lost him when I was only 16 y/o...he wasn't a part of our family, my brother and I didn't really know him at all, but when I went to his funeral, I felt so sad inside and I am now 45 y/o and still feel a profound sadness at NOT having a father in my life. My friends have lost their fathers over the years, and even though they grieve, they know I didn't have a real father at all, and they all say at least they got to know and live with their father, he was a daily part of their lives, and for that they are ever grateful. They too understood my grief.

I know you are truly grateful for the father you had in your life, someone to talk to, to lean on, to make you feel special and cared for. A girl needs that in her life. It would have made a big difference if I could have been so fortunate. Who is to say what is normal grieving time, but if you feel it is interfering with your daily life, please see a counselor or perhaps join a grief therapy group, so you can share your grief with others who can and do understand.

I understand about not sharing too much with your husband...my husband had his father in his life and lost him many years ago. But I don't think he really understands my grief for NOT having that relationship. Grieving is a solitare process, but there are others who perhaps can share that loss with you.

My prayers are with you.
loss of dad

     I too loss my father at the end of September. I think you are handling it fine but grief is differant for everyone. So I thought I would just post a small note about what has helpped me. I do not look at it as my father is gone. For me, he has merely graduated to a differant plane of existance. This plane of existance allowes his spirit the freedome from his failing corporial body, so that now instead of being able to visit occasionally, he is with me all the time. He is no longer in pain, and all those little memories are his way af saying I am still here with you, watching over you. I still talk to him and ask his advice and guidance, and usually if I am very quiet.. I can hear what he would say. Perhaps it is just my imagination or perhaps it is really his spirit making conatact. Either way it gives me comfort and makes the loss a little less painful. I hope this helps you in your time of grief. My best wishes to you.


I am so sorry for your loss

I have a Beagle that I took in a short time ago.  He came from a shelter and has had some medical problems.  Although I have never been in your situation, your post made my eyes tear up.  Pets do become such an important part of your family and you love them so very much.  Just know that you have ended the suffering of your beloved pet and a better place is to come.


God bless!


I'm so sorry for your loss.
I know what it's like to lose a pet too, and to have to put them down. I had a 16yo cat that I had to put down about 5 years ago, and to this day it still makes me cry when I think about that awful day.

Take some time for yourself to grieve the loss of your beloved friend. Time will help.

Again, so sorry you lost your friend.
your loss
I am so sorry for your loss. We had to put our beagle mix down about 6 months ago. I was sure I would never want another one. We really miss her. We have healed enough to start thinking about another one. We began to realize just how much they give and never ask for a thing back.
Job loss
I know how you feel.  My department was outsourced also.  And, to top it off they asked me to train my replacement.  I had been with my company for over 20 years.  So, I guess that did not mean anything.  Currently I work for a national; but, I plan to go back to school and get out of transcription.  It is getting harder to make a living transcribing, which I used to love doing; but, I have come to the point where I know I will have to make a career change. 
I am so sorry for your loss

When I was in the military, one of our docs read an OB ultrasound on an anencephalic fetus. He didn't bother to pick up the phone and call the OB, and somehow either the report didn't reach the OB or it didn't get read. In any case, the initial ultrasound was when the woman was in the first trimester, and it wasn't until she was well into her second trimester and had a second ultrasound that her OB became aware of the situation.


I don't know what happened with her - whether she carried it to term or not, but obviously it could not live outside the womb. And if she had found out during her first trimester, it would have been a lot easier on her physically, if not emotionally.


I had never liked that particular doctor. He always seemed like he became a doctor because of the money, not because he wanted to help people. After the incident described above, I disliked him even more.


and im sorry for your loss
i actually meant to post that to the person above you... but i must have clicked on yours last ...

I don't know what it would be like to lose my father... but I can only imagine so I hope you are doing okay!
I am sorry about your loss. nm
X
Screen Resolution/Font/Screen Percentage
My eyes are tired all the time. I usually have my monitor set at 800 x 600 pixels and use Bookman at 10 font in Word at 111% in the normal layout. What might be a better viewing screen setting to use?
weight loss
I use TrimSpa (baby) it's working o.k. I am making a conscious effort to not fry, not add salt, eliminated cornbread (I'm a Southerner), etc., etc. I work a lot of night hours and this helps me with my snacking between 9 p and mid. I do drink green tea. I think it boosts my metabolism....
loss of MQ lines
You especially loose lines when you have to do the back to back to back reports like many docs do. You spend more time putting in the ADT stuff than typing and we know we don't get paid for that. I purposely have sat the full eight hours in my chair and not gone on the net, not done anything but type during those hours and still am down lines. I would love to know if we are getting paid for spaces, I know they say we are, but.........
loss of MQ lines
Well anyone can obviously tell who spends more of their time on these boards gossiping than actually working at the job they get paid to type for!
weight loss
just a general word of encouragement to everyone trying to lose weight that YOU C-A-N DO IT!!!!!   I am very small-boned, 5' 6', and weighed nearly DOUBLE my normal body weight.  Looked like nothing but a big bowl of pudding.  One day I decided to move.  Maybe it was the Nike slogan, but I just did it.  Could barely walk around ONE BLOCK.  But I walked the block.  One day, I could walk two blocks.  One day I walked a mile.  Took me two years to lose the weight, ladies, but I got skinny and toned by EXERCISE (95% walking, a bit at the gym, not much), and sensible eating.  Every single reader here knows what sensible eating is:  Eat healthy, not overprocessed food, and don't eat too much of it  PERIOD.  Deep down, we all know that.  Admit it and change your eating habits -- and walk and/or exercise, and you can do it.  By the way, I am not holier than thou, I did used to take ephedra at half the recommended dosage, every day in the early days, just to take the edge off at dinner time, when I would rip off the cabinet doors cuz i got so hungry for the deadly four: pasta, potatoes, rice and bread.  Couldn't get enough of it.  decreasing (NOT ELIMINATING) these and making myself full with veggies and water did the trick.  I eventually eliminated the ephedra.  GOOD LUCK  TO ALL OF YOU.  Nike:  Just Do It. 
hearing loss
Has anyone noticed a loss of hearing over years of MT work? A new report on the news says that continuous use of head sets can cause hearing loss. I have noticed it (and tinnitus) among me and my MT friends. Anyone else?
hearing loss
After 30 years in this job, yes my hearing is REAL bad! I'm going to start pricing hearing-aids this month, mightly only be able to afford one. Insurance companies - if they are generous might pay for one - if you work at GM I'm told. I'm certain this job has accelerated a natural aging phenomenon. I'm hoping to make it another 5 years. I can't interview for another line of work if I can't hear the interviewer!
Loss of flexibility
I haven't gotten my packet yet, but it sounds like we will have to submit a set schedule.  This is a problem if there is no work within your scheduled hours to work (which happens to me nearly every day).  Then I have to rearrange my life to be able to make any money.   It isn't going to work for me anymore.   
I don't see it as a great loss. Bye.

p


weight loss sm
I tried the following - a little more walking, no more white bread,(12 grain), flavored non-dairy creamer instead of cream, not water-friendly, so drank a lot of non-caffeine tea (raspberry) and Sweet & Low (don't think this is a good idea). Tried Benefiber chewable to add bulk and fiber; lean beef, 90% lean a few times a week only, sweet potatoes instead of white, only 1 at a time and generally cutting out the obvious (no alcohol, fried foods, rich pastry). Took off 15 lbs. and was able to get into an old Size 10 for my reunion, from a 14, and saved a bunch on new clothes and felt great! Hope I can keep it up. When my son was getting married years ago, I hated the "mother of the groom" puffy chiffons, so I stationery biked from Feb. to May and went from a 14 to a 10 (700 miles total) and wore a lovely silk suit. Unfortunately, I ate my way back because I felt the "empty nest" syndrome. Once you lose, don't snooze, keep it up! You'll like yourself better. This profession can ruin your body, take control by getting up and moving around as much as you can. I did not do that and suffer the consequences with my back, my right thumb is totally painful so that I can't open jars, unlock the babies' safety belts, etc., it comes upon you when the damage is done. Don't let it happen to you, exercise when you can, you're worth it!
Has anyone used LA Weight Loss?
If so, what were your results. Any info would be greatly appreciated. TIA
LA WEIGHT LOSS
I tried it and lost 40 pounds in 3 months or so but it came back as quick as it went. They are VERY expensive. Currently not working on anything but GOOD LUCK TO YOU!!
Sorry to hear about your loss.
I lost my dog this year when he got hit by a car. I still get teary-eyed thinking about him. Talking about the pitbull I had a previous neighbor/family who had a Doberman that they didn't take care of. He was outside 24/7. All they did was feed him and he barked and barked and barked whenever we were outside or anyone around the yard. He ended up dying so they got another dog. This time a pitbull looking dog which I found out was an English bulldog? maybe. There are some people who just have to have a dog that has a tough reputation. It sounds like those near you didn't just have a rep. I'm glad to be moved away from them. They were nice people but I hated that they didn't take care of their dogs very well.
Hearing loss
Is there any new technology out there on improving hearing loss besides hearing aids?  My DH has a herititary hearing loss that seems to be getting worse these past few years.  He refuses to wearing hearing aids even though we have spent $$$ on them.  He is a teacher and it is getting very difficult for him to teach his classes effectively or without students making fun of or taking advantage of his hearing loss.  Just curious if anyone knows of anything before we spend $$$ and time seeing doctors that will tell him nothing.
Hearing loss
My son who is 11 has worn hearing aids since before he turned 3, first the BTE kind (which were mini) and for the last couple of years, since he has shown so much responsibility, he now has ITE very small,programmable aids. Quite expensive, but worth it.

One of the contacts that assist me in the state (VA) with school issues recently sent me additional information; included was a brochure from NFSS Communincations which is a supplier of assitive-listening devices.

However, I would not just randomly purchase an item without discussing it with an audiologist that you trust. Fortunately, my son's audiologist is wonderful beyond words and quite helpful.

I have quite a bit of additional information on this subject if you need it.

My son says to tell your husband just to get good hearing aids and wear them. (Nothing mean intended, he just knows that if he can hear with assistance, then why not wear them). He has explained to the other children that basically it is just like someone who wears glasses to see better.

I hate to see anyone struggling due to this matter and hope that he finds something he is comfortable with. Good luck!

jrm
That is horrible. I'm so sorry for your loss (sm)
Those animals should be outlawed as well as the people who train them to kill. We have a Golden Retriever who is the sweetest thing in the world and we love her and she wouldn't hurt a fly. I am an animal lover but I do not like pit bulls. I also have small children and I'm thankful no one in our neighborhood has a pit bull. Again, I'm so sorry for your horrible loss.
My condolences on the loss of your
dad. I lost my mother a few years ago when I was 43, and I know it's rough.

I would encourage you to reach out to your physician, clergy person, or a bereavement support group in your area. There are even some options online to help you work through your grief. A short course of an anti-depressant might also help.

I can tell you that things do improve. It might also help to remember that your father would never want to suffer. Be patient with yourself, but try not to hold onto your loss. Moving on with your life doesn't mean you love your dad any less. Best wishes to you.
Loss of father
To wimt: I lost both parents within 7 days of each other. I cried off and on for a couple of years. It takes time to heal and everyone is different. It always helps to surround yourself with people you feel comfortable with and you feel give you support. Plus, grief counseling never hurts--only helps. Good luck to you.
weight loss
I needed to reduce my cholesterol, so I really cut down on fat in my diet.  By doing this, I not only lowered my cholesterol, but I lost about 13 lbs. in 5 months!  This is so much safer than those fad diets.
weight loss over 50
Thanks so much for responding and for your words of encouragement! At age 56, it's very encouraging to hear this. Small goals and one-day-at-a-time are very good advice Thanks again! (and congratulations on your weight loss too!)