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Serving Over 20,000 US Medical Transcriptionists

There IS A CHARGE FOR GRADS, . . .

Posted By: SoCal MT on 2009-05-24
In Reply to: You are incorrect. Read more carefully.. - 2busy2much

and I don't want anyone misled either.


Clearly, grads pay $50 for the classes and another $49.95 for the review guide.  This is still a great price, but IT IS NOT FREE FOR GRADS OR ANYONE ELSE.  Perhaps you signed up for the classes before the fees was implemented


 


I do not care to violate copyright laws by posting the content of posts by Susan the grad forums.


 


However, for anyone without access to the M-Tec grad forum, there is indeed a fee for the RMT or CMT classes. 


 




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There is no charge for grads to take the classes.
I just finished the course and signed up for the classes and did not pay a dime. You may be confused by the $50 Review Guide that is recommended to study with.
Charge what the credit card companies charge when they don't get paid on time!!!!
 
Audio hour charge - what is fair rate to charge company?

Doubt you can charge 15 cpl for VR work to the docs - you can't even charge them 12 for straight
x
new grads and what they have to offer
very little experience, work very cheaply, anything just to get an opportunity. What a reality check it will be for them when they realize theyre going nowhere in this business after a couple of years, no raises, no opportunity for advancement, and still be making the same (or lower)$12/hr they started out at, all the while cost of living going up. Bright futures, I think not. Burn out, YES. These newbies will have to work even harder than we have to right now to make ends meet, maybe even take a second job. You are fortunate to have your own accounts and your own work so..... I don't think you understand whats going on in the world of MTs that work for these companies who work them to death.
Our Co hired about 20 grads from

Hi Rae,


The company I work for hired 20 graduates all at one time from Med Workshops and they did well.  This was about 1-1/2 yrs ago.


We contracted with Med Workshops to provide the graduates based on parameters we were looking for.  Because our Company spelled out the training, it was hard to go wrong.  Students got a break on the normal tuition costs.


I understand they are a medical transcription staffing school; the only one I know of.


 


 


Who Hires M-Tec grads?
I just finished my coursework at M-TEC.  I can't wait for my test to be graded...and I'm itching to find a job.  Before my test, I was 95%.  I'm wondering if anyone knows what companies routinly hire from M-Tec so I can go looking now and not have to wait till I am able to access the COC on M-TEC's website?
Don't forgot all those grads that are
just to get their foot in the door because they couldn't land a job. I haven't been there in a while, but the CS forum used to have a bunch of those kind of posts.
because they know new grads want 6-8 cpl just like they were told in school
and besides, like I said, takes too much time. So you take on a newbie, train them while paying them 2 cpl.   Then they get their "experience" then they move on to greener pastures. Meanwhile the MT in India will still do it for 2 cpl, only now they are trained... get it?
This has changed now. Only CS grads are accepted without
nm
And at least some of those college-grads went to school
so you'd think they would have an idea of not only the standard of living here, but the wages as well, and what things like food, gas & housing cost. Others were trained by American MTs or MTSOs. If nothing else, they should feel a little bit guilty about ripping off the country that is sending so much work their way.
hen why do so many ads clearly state *must have X amount of exp. or New Grads Need Not Apply? sm

Then why do so many ads clearly state *must have X amount of exp. or New Grads Need Not Apply? sm

Totally untrue...M-TEC & Andrews grads are...
still allowed to test.  Please stop giving false information.
Why? M-TEC & Andrews produce the absolute best grads.
nm
Many companies hire new grads for SR editing.
nm
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?
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
//
Not anymore. Only Career Step grads without experience
nm
I've never heard a bad remark from Andrews or M-Tec grads.
I've heard about the grader being wrong/ambiguous, and I've heard about the mistakes in the course.

From what I've heard, I also think the course is geared toward producing MTs to work for the big cheap companies. It's kind of like a (fill in the blank)______ company MT-maker assembly line.


Okay well if you are going to charge 10 cpl..what do your MTs get?
Maybe they are looking out for the little people getting paid a little more?? I see a lot of aspects of this you haven't researched. Ask questions, learn from their decisions so you are better prepared next time.
how much do you charge?

What should I charge?
I've never solicited my own accounts before, but my fiance's sister called me yesterday asking if I'd be interested in transcribing some letters for the dermatologist she works for. I said sure, since I'd like to go all independent, and this is a good way to try it out. Only problem is, I'm not sure what to charge. I'll be using the doctor's transcriber (she uses tapes, and I don't have a tape player), and it isn't decided yet whether I'll be emailing the completed letters to her, or printing them myself. What would be an average rate?
Is there a law on this? Don't think there is; not sure. You should be able to charge whatever U w
 
What I Charge
I also work for an insurance company doing claim tapes. I charge $3.00 a page. My reports can vary anywhere from a few pages up to 25 pages, which I actually did last night (I don't think I've done any longer than that). I'm not sure if this helps or not. I use Tahoma 10 with the margins the same as what you're using.
I get 9 CPL for a nat'l, and charge 12 CPL...nm

I charge
12 cents per line, 65 character line. With HIPAA issues, don't forget better grab yourself a carrier that reports will fit in to take back--one that locks. This is very important in case you are in an accident taking their reports back. It happens.
charge them as much as you can sm
I would charge per gross line, that means every line counts, no matter what. Depends on the reports, but why not start with 12 cents a gross line. Don't under sell yourself. You'll be killing yourself for pennies. good luck.
What to charge for something like this?
I have had this account for 5 years now and they have made a change to the format of their report.  The first page is basically a template with check boxes.  The other three pages are figured out by 65 character count.  Being that there isn't much I'm doing to the first page (checking maybe 5-8 boxes and adding little blurbs once in awhile), but I am printing this page out.  Any ideas?  I hope I'm making sense!  Thanks much in advance.
mt-what to charge?

I work at a mental health clinic as a transcriptionist/records person.  A coworker asked if I would be interested in making some extra cash by typing some documents for him and his buddies that are in college.  I am interested but have no idea WHAT TO CHARGE? 1 cent per word?  i have no idea please help.


 


-Gina


What to charge? Please sm...

I was approached by a family doctor to do some typing for his very small company. He indicated that there are 2 other doctors in his office. I am thinking about taking the offer, but I'm just not sure how much to charge them. I noticed on the job boards that MTs are now being paid on an average of 0.07 cpl. How much more of this would I need to charge in order to actually profit from doing this? I currently get paid 0.12 cpl at a company I am working for, so what would be appropriate for me to charge these doctors then? I'm so confused.


what to charge
no one is going to come out and answer this question for you. It all depends on where you live..  Call a local transcription company, make like you are a doctors office and see what their rates are..  call at least 5 of them and go inbetween. 
What to charge for something like this?

I've been contacted about "putting together a training
outline, tips and tricks and materials for MTs moving into the Editor role."


I'd charge at least what I would lose in production spending time on this, but any idea of an hourly rate?  The company is moving into a VR platform.


I charge
.10 a line but all my work is done over the internet.  I open an e-mail and then e-mail the work back so it does not cost me anything extra.  I haven't been doing this for very long, so I am probably not the one to be giving advice, but I did want to make sure you are putting all these expenses on your taxes.  You can even log your driving time, these are just things I didn't know when I first began. 
I charge 12 cpl as well.

I provide 48-hour turnaround.  Instead of raising your rate, why not ask if you can pick-up every two days?  I believe that some charge up to 14 cpl.  It all depends on the practice. 


So you charge ,12 cpl...(sm)
due to the fact that you have to compete with nationals that outsource overseas, right? Okay, what portion of that .12 cpl are you willing to pay a sub? Would you be willing to pay .10 cpl and still make at least .02 cpl AND keep your contracts happy? That's what I did. When I had my own contracts I was happy to get good and truly experienced transcriptionists who would sign non-competitive agreements and pay them almost as much as I got per line. I felt that "something was better than nothing". So, if I only got .02 cpl it was still better than losing client, driving myself nuts working all the time, and .02 cpl adds up after a while. Furthermore, it was more than I would make if I lost the client! Are you wiling to do that, pay your sub's a very good rate - cause if you are willing to do so there are many good transcriptionists willing to work for you (myself included)!
How much to charge

Hi!


I don't mind -- I just answered it when another MT was asking if $50 per audio hour was too low and I said yes, it was too low.


You generally charge per audio hour. I don't know what it takes other people, but I work on a 3:1 ratio, meaning 1 hour of audio takes me 3 hours to do. So I charge $75 an audio hour if it's not terribly complicated. Like I said in the other post, others charge $95 and I have even heard $115. I'm happy with it working out to $25 an hour, but I do spend additional time proofing it afterwards.


I like general because people don't seem to be as "stat" about things as in MT :) Sometimes the speaking is even nice and slow, like they are reading from a presentation so you just keep right up with it.


Diane


Have always seen charge more than $1 per min
x
how should I charge?

I have been approached by a doc who wants me to take over doing his transcription.  He is a face/eye plastic surgeon.  Most of his stuff is all templates.  The only thing I will actually have to type would be the DX and procedure and then insert the appropriate template.  (He does have over 98 templates)


He wants me to give him a quote but I have no clue where to start.  I normally charge by the line but this would not be fair since I am just inserting templates. 


Should I charge by the page, # of reports, hourly, or what.  He does about 15 cases per week and the reports average 3-5 pages (again much of it templates).


Does anyone have any experience with this.  I want to give him an answer today. 


Thanks!


-Ang.


how should i charge
Well thanks so much for the replies!

After a few e-mails with this doctor today. I have proposed to him a per page charge of $2.50 to start. I looked at his previous reports, took the average per line count and adjusted it a tad lower since it is mostly his template. This way there is no question about hourly rate. Like I said...I only have to type in the diagnosis and procedure performed. He then dictates which template out of the 98 that he has to insert. (Don't know why he can't do it himself but on well.. LOL)

Here is hoping that I don't regret this decision.

Thanks again for the input.
charge
I cannot say that I did persay but my girlfriend did. It worked for her. They made sure to send her check promptly.
What to charge?

Hello to all,


I need any and all info in regards to contracting.  I have always been a subcontractor but have now been approached at working directly with 2 of my doctors.  What should I charge? 


Thanks in advance!


I charge $60 for a
60-minute voice file, so that's $1 per minute. You won't be shortchanging him or yourself and also, he will know ahead of time the exact cost of the job.

Have fun with it. I do quite a bit of work that is non-medical and love it.
I charge...
12 cent per 65 char line, and I'm thanking my lucky stars.  11 cents per line is good too.  You could always go up a half cent if you're nervous about jumping up a whole cent.
charge
I charge from 11.5 to 12.5 per gross line.
Charge them.

It sounds, unfortunately, like you are allowing your fears of rejection or whatever to cause you to allow them to disrespect you.


Hopefully, there is room for adding a codicil to your contract.  Even if not, In a calm and professional manner, in writing, inform them that you need to start charging for the pickup. 


For example:  My personal favorite is 50 cents a mile, plus a minimum of $10 per hour for the pickup.  If it's 14 miles each way, it probably takes at least an hour, including time spent in the office, going back and forth from the parking lot, etc.  So, the entire trip will cost them roughly $24. 


Offer them the option of digital delivery or providing their own pick up and delivery, shipping of tapes, or whatever option they decide that is mutually agreeable. 


Also, indicate that they need to inform you when there will be no tapes.  It is not your job to call them and ask, but their job to inform you when there will be nothing to pick up on the days that you have mutually agreed will be pick up days.  In the case of when you go there and find no tapes, when they did not inform you of the lack of tapes for that day, a $25 fee will still apply.  If you make an appointment with a doc and do not call or show up, what happens?  Most of them charge a "no show" fee.  Turnabout is fair play.


It is amazing how organized the office will become once you set limits and impose charges.  They might even just ship you tapes once or twice a week and extend their TAT time in the process.  Or, maybe they will quickly LEARN how to accomplish digital tape delivery.


 


How much should I charge..
How much do you think I should charge per double-spaced page for doing a one-time project, on my own equipment, for someone doing mental health interviews for a research project?  If it was 12 cents per line, how much per page would that be?  This is a parent at my kid's school who knows I work for a transcription company.  I wouldn't use the equipment owned by the company, I have dictaphone machine that takes tapes.  I'm not sure how long the project would be or the format yet.  Just give me some idea of what you guys think.  Thanks -
Well then she needs to charge for them.

They should have told her that up front.


I wouldn't be surprised if this office is a mess and that's why the MT up and quit.  She'll find out that not all accounts are sweet.  It goes both ways.


I would charge them; that's not fair and I wouldn't work for free or they'll expect it all of the time.


This may be an account that someone dumped for nonpayment.  Have to be careful. 


Charge, charge, charge; they can afford it!


What should I charge....
what should I charge for a "transcription" job which does not include tapes BUT does include taking doc's charts and combining them for a single report? Don't know all the work this will take but going for the interview and hoping to set a good hourly price. They agreed to hourly, I just didn't give a price yet. They have TONS of work but don't want to outprice myself. This is an at home job that I found after tons and tons of searching......I have 12 years experience.
Actually, there is still NO charge..
for M-Tec grads to take the prep classes. There is only a fee for the general public interested in the classes.

M-Tec is is dedicated to top-notch education and support, and that has not changed regardless of who has retired.