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you don't have to charge $60/HR - all you have to do is charge a good rate and then..

Posted By: Smart MT on 2006-05-19
In Reply to: Hard for me to charge $60+ hr - Patti

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?


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Audio hour charge - what is fair rate to charge company?

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.
Charge what the credit card companies charge when they don't get paid on time!!!!
 
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.


Doubt you can charge 15 cpl for VR work to the docs - you can't even charge them 12 for straight
x
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.
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?
The going rate to charge a client for rad by an MTSO is in the $4.50 range.
Need to figure in what type of reports, etc. Never go below that - there is a lot of administrative work to do.
I charge 1.5 times my regular line rate.
 
I think you would have to charge an hourly rate for this type of work.

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
//
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.
Absolutely not! Most editors do not charge by the line. A good editor
knows that line pay is not fair pay, or let's say a quality editor knows that line pay is not fair pay.  I have done some VR editing and believe me, the ones I did you literally had to retype the whole report.  Figure out an hourly rate that would work for you and don't take anything less.  Editors or QA people should not be paid on production.  That's the final step to quality and some of these groups, services, will learn that one day!  Some of the better ones already know that. 
For this account, I charge 0.12 cpl. It is very easy clinic stuff with good dictators, but ...

I also do tapes which are horrible so I'm considering upping my line rate especially if all this aggravation keeps up.  When I first took the work, I thought I was being fair because the work was so easy, but then they asked me to do tapes and then work specific hours, print and deliver work three times a week.  I wish I would have addressed more than TAT and line rate in the original contract.  I do charge them a $5 per delivery fee because of gas prices, but still I think I'm getting the shaft.


Oh well, live and learn.  I am negotiating for a local doctor's office here in my hometown, small one doctor office, and I'm here to tell you I will be negotiated every little detail right down to paper and toner charges!


accounts. Pay own taxes & insurance, charge to cover it all & to pay yourself a good salary.
nm
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.
charge or not?
I am an IC. I worked for a clinic that has gone EMR. They are calling quite often to have me reprint reports they have lost, etc. I have taken them down there directly at least 4 times already and fax'd a few times, as well. Today, they specifically asked me not to fax a report, because it needed to look good (whatever). How would you charge for this or would you? The trip is 3 miles round trip and takes me 10-15 minutes by the time I drive down there and run the report in and come back home. I am trying to keep good communication going with them, maybe hoping they'll ask me back someday, but don't want to be a chump, either.