Pros and cons on SOAP transcription versus MediVoxx? nm

• Pros and cons on SOAP transcription versus MediVoxx? nm - MT2B
  • SOAP's pay is higher even in the trainee/newbie stage. nm - wanderer
    • Heard they have been bought by MDIT - Remember, nothing stays the same

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Never once late on paycheck, reasonably good pay, leave you alone, keep you on same primary, inform you of updates, technicians are helpful for the most part, good equipment.

cons:  More like a sweatshopt atmosphere, just shush and do work, hard to get raises, hard to get anything, definitely geared towards the client, not the MT, feel like a number. 

For me the important things are being left alone and a good paycheck, so it works out for me.

There are pros and cons to this.  I have been doing this for almost 20 years.  I have had some accounts for as long as 18 years.  They do expect a LOT.  The office staff is sometimes the hardest as they will sometimes treat you like the janitorial service.  I do envelopes, printing, cutting apart chart notes, cc envelopes, 24 hour turn around is a MUST or else they really come down on you.   Have had one vacation other than a long weekend during the past 4 years.  They do not want me to get others to cover for me and one account has asked that I absoulutely do NOT subcontract any of their work.  So it is waiting for me when I get back and they expect all of that within 48 hours.   But that is just one account.  Also when the doctor is gone, you do not get paid and that happens a lot during the summer time.  I try to get a monthly schedule from my accounts but it is sometimes hard to do.  If you pull on another account to cover for this you sometimes get overloaded and then behind.  If they would all take off at once you could have a vacation.  Usually have to work one day on the weekend to do the Friday dictation to get back on Monday.

So you ask what are the pros:   They do pay me on time within usually 2 days receipt of invoice - never had to ask or had a bounced check.  I do give a 1% discount though for payment within three days. I do get Christmas bonuses even from the one account that treats me a little like hired help.  I do have templates, auto corrects set up, on one account I can make $45 to $50 an hour if they do a lot of consults/letters.  On another I make $30  to $35 doing chart notes.  Still not bad but that has to pay for all my benefits and putting some aside for when the docs are gone. 

Sometimes it scares me as I am single, 58 years old and supporting myself towards retirement and one of my accounts could pull it and I would be out and looking and so guess that is why I try my best.   They also expect 100% correct and when you have to proof your own work it is hard. 

Anyway, would I work for a company, doubt it.  Am going digital by the 1st of the year and will be looking for more accounts and maybe add on some subs.  Have 2 part-timers now.  I do work in a clinic doing their EMR's and that gives me the best of both worlds.  For my business I bring in around $55,000 with probably 6,000 out to subs and my clinic work brings in 12,000.  I put in 40+ hours a week including your unbillable time.  But I have write-offs and pay taxes on less than half, usually abour 20K or less.   Any more questions ask.

Is it more beneficial to be an IC?  Any personal pros and cons on this subject would be extremely helpful and appreciated.

Thanks.

I recently left an in house hospital position to work from home full time.  I had worked from home part time for a national also, before going full time with a different company.  My main reason for making this change is that I wanted to get paid by production and not hourly.  I am now grossing double or more what I made at the in house job.  Benefits are about the same as far as quality, but cost me about $100 more a month (which I make up for many times over). 

If you are not a high producer, as far as money goes, might be better to take an hourly position.  Benefits generally also are more affordable than with a national at home. 

I do miss though the company of the other girls at the hospital and sometimes feel a little isolated.  But given that I am making twice as much at home, I don't think I will be going back any time soon.

Could someone explain the difference between an office note and a SOAP note when doing transcribing for a specialty doctor. Thanks.

...a physician's study, on the right under in the news...

Still think we have a future?

Hoping to find some input/wisdom here---I have been offered a positon where may of the accounts are partially voice rec--I have never edited this speech stuff--but I am wondering if you can make the same amount of $$ doing that as you can transcribing it--all the speech rates seem very low, around 4 cents a line--is it actually that much faster than transcribing?  I would think it would be a lot quicker to actually do the transcription--has anyone any experience to share in this regard? thanks for any insight.....

I am checking into other options for transcription.  Can anyone tell me how to compare all of these types of lines & also payment per word?  I know companies use different scales, so I wondered how they compare.  I have been paid on a 65 character line with spaces, but I may be making a change in the future - don't want to get burned.

Thank you in advance!

I have always charged or been paid by 65 or 60 character lines or per letter or space typed, but have never been paid or charged per gross line.

What is the advantage of this?  If I were to charge 11 cents per 65-character line including spaces, what does this figure out to for an average line rate and how do you do this calculation? 

I'm wondering if it is financially beneficial for me to bill by gross line or to keep it the way I have it.  I do know some accounts will only pay per 65-character line, as this was the deal my first own account I recently acquired.  They were adamant on a 65-character line, but didn't specify with or without spaces and I personally would never not charge for spaces.

Thanks for explaining this.  I appreciate it and hope everyone has a speedy day.