The going rate to charge a client for rad by an MTSO is in the $4.50 range.
Posted By: MTSO on 2005-11-15
In Reply to: Oops....typo alert! - Resalyn
Need to figure in what type of reports, etc. Never go below that - there is a lot of administrative work to do.
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I know MTSO's that were TOLD by the client to charge less or
they would go offshore. So what is the MTSO supposed to do? You can't stick to your guns in that case. It's either swallow your pride and everyone takes a pay cut, or everyone gets no paycheck.
As long as the MTSO does not charge the client I don't have a problem with it - sm
its those that don't pay, but then charge the client (which I am sure most do in that scenario) that is not right.
Audio hour charge - what is fair rate to charge company?
What is the going hourly rate (range) for QA these days. (sm)
nm
Charge him an hourly rate. The current rate is
between $15-21/hr. according to your location. If he had to use an independent secretarial service, he would be charged much more. You can look in the Yellow Pages in your area under Secretarial Service and ask them what they charge, then charge accordingly knowing you can back it up.
you don't have to charge $60/HR - all you have to do is charge a good rate and then..
work smart, not hard. If you have a great dictator, charge him 14 cpl on a 65 char gross line, then set up your templates and word expanders, you can make $80/hr. But you need all three to work together, otherwise you might only be making $60/hr. Some people are just really good at what they do - shouldn't they make more if they are more productive?
No, I do not charge my client for the template either.
.
I know some companies who only charge the client
18 cpl. I know companies who charge less and even at that they are being pressured to lower rates due to competition from offshore companies. Out of that 18 cpl comes office personnel, office space, equipment, and if you are an employee benefits come out of that too. I'm not saying the MTSO isn't making a nice living, but there can be cutbacks there as well.
If you feel like you s/b getting that kind of line rate you are going to have to get your own accounts and then you'll have all the headaches that come with it.
First-time new client - what to charge?
After working for years as an IC for an MTSO, I have the opportunity to get my own client. It's one oral surgeon in a city of about 30,000. He has been typing his own notes to date. I am going to get him a handheld recorder and somehow figure out how to transfer files via an FTP and what software is needed on both ends (I have a ByteScribe WavPlayer already). We're still working out details - very casually at the moment - although I plan to put a written contract in place (any samples?). He will do printing on his end. What should I charge him and if per line, with or without spaces? Any ideas would be very much appreciated. As stated, I've only worked as an IC and so have no idea how much more the MTSO rate would be.
65-char line to client and charge for gross? sm
That's a bit underhanded. If they ever get suspicious, your line counts are going to exceed what they count at 65 char. a line. You said yourself that 65-char/line and gross line are two different things, so why do you contract with the client saying you bill for one and actually bill for another ?? That's shady, IMO, and I would never quote my client a 65-char line and then charge them for gross line.
Client rate
It depends on the rate in your area, but I would charge no less than .12 per 65 char line. I think this rate is not too high and not too low. You have be careful about charging too much as someone will undercut you. Practicount is a line count program that will allow you to charge for headers, footers, bolded areas, underlines, and so on. This way if you have to drop your price in order to get the client you can charge for other things that will make up the difference.
Good luck!!!
Client always rules over MTSO, QA,
You have to spell the way he wants it especially if he's adamant. You are not the expert in his field, he is, and he signs your paycheck!!! Think about it...
Need to check the with the client/MTSO about
the preferred way to do dates. Most of them are specific on things like this.
Too, the MTSO is not earning extra from the client
The gains come from their paying out less to QA.
Yes - I have a contract that my client and/or MTSO signed.
I always have them sign a contract also - mutual agreement and we stick by it. No problems whatsoever so far. That is the only way to practice good business and protect yourself.
Rate to charge as IC?
Wouild anyone feel comfortable in saying what they would charge for work as an IC? I have been contacted by a medium-sized group of ENT specialists about doing their MT. I need to get an FTP site, which are very reasonable monthly rates. But, I'm not sure what to quote as a line rate in my prospectus. I was thinking 12 to 14 cpl, but is this too low?
Thanks for any input. BTW, the group are located in the upper Midwest in a very large metropolitan area. 
I think it depends on the MTSO, some do not charge much - sm
in order to beat the competition. I worked for a MTSO that was only charging .13 cpl (65 cpl); I was making .09 cpl with her, that was as high as she would go so she could make some $ too. She ended up losing it to someone who bid lower, so I lost my job with her. As for cost of living and all that, yes it goes up but as far as MT goes, I don't see rates going up. All the doctors want is our prices to go down, since they are getting gouged by the insurance companies, their malpractice insurance keeps going up, etc. So to stay competitive many MTSOs have actually had to lower their prices to keep accounts. So it is possible your account does not charge too much over .12, again demographics has a lot to do with things too. Obviously a more rural area charges less than in the city, rates vary widely from coast to coast. I only make .09 at my current job, though I know they probably charge .16-.20; I don't know for a fact just a feeling I have as they top out at .12, and base your salary on both the number of years there and amount of lines per pay period. Those who do a large amount of lines on a consistent basis make a better wage (no incentive pay). I am trying to get my lines up so I can get to .10 (my goal). I only work PT but luckily I am good and relied up there, so I am in a good position and have 3 raises in 4 years. So I gues it depends on the rate you started at, you started a quite a high and good rate, so your room for advancement of pay is limited I would say by that. Again, ask for a raise, the worst thing that can happen is they say no.
Client interested but wants to lower rate. sm
He said he wants to hire me to do his work, but at 8 cpl and give a week's turnaround time. I worked as an SC at that rate, but not as IC.
Is there anything I can say or show him to convince him this rate is incorrect?
I worked for a small MTSO who gave the client
the client changed to smaller and smaller font sizes, the MTSO let them know the rate would change so the MTSO never lost money just because of the font size. The clients always understood. The client simply wanted less bulk in their charts, not to short change the MTSO.
What is rate to charge per report not as MT...sm
I really need to know what going rate is...Illinois too...for charging by the report for radiology. I know that some MTs are paid 1.20 per regular and 1.50 for specials, but what is the client charged? An account wants to be charged per report not by the line and I have only charged per line for 10+ years and have no clue what the rates are for this.
In checking with the only person I know getting paid this way for radiology reports, she is paid the above rate, but have not seen any discussion for the charge to the client and don't want to be underbidding....hard enough getting good wages without underbidding for services.
Any help will be really appreciated.
Confused DCmt
Rush Rate - What do you charge?
 If you had a client consistently dictate Friday or Saturday and ask for a large volume of work to be returned by Monday, would you charge a rush rate? What percentage hike to your normal rate would you give? This particular client dictates the majority of the material over the weekend and always asks for it back ASAP. I have reiterated my work week consists of Monday through Friday. I have decided to implement a weekend or rush rate so to speak and I am seeking opinions or experience. Thank you. 
Charge 1 1/2 your normal rate.
If you normally charge 8 cpl for M-F work, charge 12 cpl for anything that is stat or weekend work.
I used to charge a flat rate
If they don't like it, then they'll get it right the first time. I think 2.00 is fair since you have to pull it up, etc., and it is taking time out of your day.
You are basically charging for your time, but why shouldn't you? It's not like it was your error.
I have been in this business a long time and I am in a funky mood, and let me tell you, I am about ready to charge out the ying-yang for everything from now on because so does every other business operating in the USA.
I would charge an hourly rate in this situation.
Good luck.
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.
Per page rate for legal transcription - what should I charge?
I have only done medical transcription and we charge by the line, not by the page. I have been approached about legal transcription work for template documents such as wills, estate planning, etc. I have been asked what I charge per page...I live in the Northeast/Connecticut area. Can anyone advise me what the current rate per page would be?
I charge 1.5 times my regular line rate.
I think you would have to charge an hourly rate for this type of work.
Puhleez! I happen to know of two MAJOR MTSO's who charge 0.45 cpl and only pay their people 0.08
to 0.09 cpl! And both of the two companies I speak of also offshore. So let's do the math, they charge the client 0.45 cpl, they pay the India MTs 0.02 cpl. Either way you add it up, they are making big money off our sweat or by exploiting third world workers!
Boo Hoo for the MTSO's and their overhead and their time and headaches. And what friggin overhead do they have, really? They have an office staff of about 10 people at the very most! They employ mostly IC's, don't have to worry about paying for benefits and the one's that do have actually employees, the benefit packages are a joke.
I will say one thing, if I EVER lose my mind and decide to take a job with another MTSO, I will turn over every rock I can find before I accept a position. They want to do a background check on me?!?!! Well, I'm gonna do one on them.
I harbor just a little ill-will towards some MTSO's. If they're not offshoring the work, they're screwing us "worker bees." It is a racket and it's best to get your own accounts or eliminate the middle man and work for the hospital. I do both. The hospital pays me hourly and gives me great benefits for me and my kids. My accounts are for making my fun money!
Is that right? The MTSO is receiving the same rate
and paying the MT less for editing. That is a horrible thought. I was under the impression that the MTSO was also charging less for editing. Sure, we may in some instances be able to edit twice the amount of lines, but in reality we are still doing double the work for less the money. Makes no sense that we would have to do more work for less money. If this keeps up and we keep getting our rate cut, soon we will end up like one of those down and out person on the street that you see with a sign that says, "Will work for food."
You need to charge for this extra service. Stat reports should be charged at a higher rate or per r
Never lose money. I have unlimited long distance and when my docs what things faxed, etc, I charge them per report to fax the document as well as charging them to transcribe it.
Charge what the credit card companies charge when they don't get paid on time!!!!
Doubt you can charge 15 cpl for VR work to the docs - you can't even charge them 12 for straight
x
I'd still charge by line, just charge a lower
rate, like maybe 8 cpl. Do you have to pickup and deliver work? You could also setup a one-month contract until you see how it goes and then you can figure out the best way to charge and go from there. You could also charge a flat rate per page and keep it fairly low.
One office I charge .12, another I charge $2.25 page--nm
//
Pay range here is $13 to $19 ...
depending on experience, with a 1200 minimum per day line count. Lines exceeding 12,000 per 2-week pay period are paid as an incentive bonus at a rate of 5 cents per line. VERY strict QA department, so quality does not suffer. Seasoned transcriptionists easily exceed 20,000 lines (therefore make an additional $400 for the extra 8000 lines). Combined with the benefits and being allowed to work on-site or at home, it's hard to beat hospital employment in my area.
Dollar range and thanks.. sm
Trying to stay around not more than 275,000. Would like 3 bedrooms, and 2 to 2.5 baths with an office or fourth bedroom for work. A pool would be nice. When we were there about three weeks ago all the new tracts were on lotteries or about a one year wait to build. Don't really wanna hassle with the lottery since I don't live local. How about Palm Valley? Is that a nice place? What would you say is the community with the best schools. My priority is location, schools, price, community amenities, not too far from everything so hubby does not have a monstrous commute, etc.
Thanks so much for answering, it is really nice to get opinions from people who actually live there.
I do all ER work and am in that LPH range. nm
x
That is a fair range...sm
I make a bit more but cover everything, not just any one thing. Hourly is the way to go to keep anyone as there is a LOT of time involved in trainng MTs, time to write feedback, etc., which I would guess you know assuming you have been doing it yourself up until now.
I have worked line rates in the past. Anything less than 0.06 you cannot make a living on unless you work 15-20 hours a day as the accounts would ALL have to have perfect dictators and your MTs seasoned on the well side to make a reasonable living in the MW.
I have looked around and the range for pay is
.60-.75 and the range to charge if you own customer is .80-.95. Sad but true :(
She has a really narrow range. sm
She also sings off key a lot. Paula has been hard on her for a reason. She shouldn't be where she is. She's very attractive and I think that has gotten her a lot of votes like a lot of the very little talent out there like jessica simpson and brittney spears, getting by on looks and not talent. If she beats Taylor, then I will lose all respect for this show.
Salary range
The 2-year assistant degree salary starts at around $30,000 here (the same as a beginning teacher). The PT master's degree starts at around $60,000 per year here; other areas of the country, of course, are likely to vary. I already have a bachelor's degree; I'm going for the master's, but I don't know how long the waiting list is.
Not sure, but they are costly; in the 300 to 400 range. If I
.werewere going to make that purchase, it certainly wouldn't be for use with transcription, but rather listening to ROCK-N-ROLL!
Do you mind if I ask what their pay range is?
Just a general range, not specific. I don't care if a company is located on Mars either if their pay rate is good and they always pay on time.
PRICE RANGE
I think you would be very ambitious and over-reaching if you charged 15 cents a line to think that you were competing with the nationals. It sounds like she is new to transcription and has no way to gauge what she should charge. If she is by herself, she is not going to be able to handle a clinic account or a hospital account by herself. They will give her over 5000 lines a day. She needs to be realistic on what she can handle before she thinks about what she can charge them.
Any idea the pay range?
x
What's your dollar range? I live not too far from there.
l
Foot range of motion
I think he is referring to range of motion when he says 5,0,8,0,3,8,2????
Thanks Patti-Nice to have at least a range
Nice to have at least a range as a starting point. The cpl you gave is close to what I was guessing the rate would be. Thanks for your reply!
..maybe different now. Gave a range of what pay would be. Wouldn't pin down a cpl until after
s
FT range out here is 32-40 hrs. depending on company. nm
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