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Serving Over 20,000 US Medical Transcriptionists

...with a VERY low starting rate, way low, but they do take

Posted By: newbies and do VR right from the start. NM on 2007-10-18
In Reply to: Meditec supposed to be good but has a waiting list. The SOAP program - is quite costly. And MediVoxx starts off w/VERY lo

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cpl rate for new mts?

I am thinking about going to one of the top 2 schools.  If I graduate and am hired as a FT employee by one of the nationals, what do you think would be a reasonable/average rate of pay per line? 


I am trying to get an image of what my finances might look like in the year following graduation. I need to sell this idea to my husband as it is a considerable financial outlay and I need to assure him it will be worth it.  I assume I will have a minimum line count per pay period (say 10-12,000 every 2 weeks).  Is it reasonable to think that after a month or two on the job FT a newbie from a good school could possibly make 120-150lph production?


Thanks for any feedback.


 


Pay rate???
Okay, I just got an offer for $40 per dicated hour by the doctor with a 48 hour Turn Around Time per hour's dictation. It is in allergy/immunology. Is this a bad pay rate? I've always seen line count before.
That is still a low rate,
I get 0.01 cpw and a word is counted as every 5 characters. So hepatosplenomegaly would be counted as 3.5 words. But if you have had problems finding a job, I would take it, get some experience, and then start searching for something better. Good luck to you in your new position!
Pay rate?

I'm a student MT who will graduate in May. Right now at my current job I make $15/hour. I decided to become a MT for a career change. I'm worried after reading the post below that new MTs can start out between $5 to $9 an hour? I just don't understand why anyone would take that as acceptable pay as an MT when it is a obviously an important job. Don't we deserve more than that, even as a new MT? Minimum wage in my state is $8.07/hour, why would anyone accept less? 


Going rate
for an IC is around .09 to .11 cents per line. I would first determine how difficult the specialty and dictators are then quote them a price.  I'm sure there are others on here who can be of better help than myself, but that's what I've seen on the forums. 
average rate
what is the average rate per line or cpl?  I am just finishing school and getting ready to start out.
I rate the VLC very high

I just could not let this pass unanswered.


What you forgot to mention Dianne is that you also paid for the online course and some great Instructors.  I should know, I graduated earier this year and I had two job offers within two weeks.  They really know how to teach MT!


One bad apple don't spoil the whole bunch.


 


Brenda


 


Rate of project Bid
I am wanting to bid on a project, since I'm really quite new at this I'm not sure what to bid. The project is a 4.5 hour audio. They don't have it set up to bid on the price per line, just a amount. I was trying to calculate it per word but I can see from this board that most places pay per line. Any ideas?
Line rate
I believe that means 7 cents per line for a 65-character line. If it does, that is not a good rate, especially if you have experience. Also, you need to find out whether that is 65 characters with spaces or without spaces. If without spaces, that is really a bad rate! Good luck to you!
line rate
I have never heard of someone asking a rate based this way. Find out what the margins and font (etc) are before you sell yourself to short. Then I would calculate any document based on those responses and see what the would equal up to so you get a decent rate.
Determining pay rate
I received an e-mail from a company that states their rate is 83 cents per 1,000 bytes (characters and spaces). I'm new to production pay & am confused by this rate. How do I determine what the cents per line rate is?

Thank you.
What is the average rate for VR?
nm
pay rate considerations

I respect what each of you have written.  Many benefits that this job gives us ARE truly priceless.  But that is beside the fact. 


If the companies keep seeing people posting here saying that they essentially are willing to trade decent pay for these benefits, then that pulls EVERYONE down to a lower level of pay -- which includes people such as myself who have this as their only income.  There is no incentive to companies to even CONSIDER paying us more if we basically tell them give us our candy and we'll be good little kids and then let them walk all over us.  We can't demand higher pay and say we're satisfied with what we have at the same time. 


For some of you the pay may be just fine.  You have husbands or savings or family, etc.  There are others who MUST make a living at this for one reason or another and MUST make as much as they can.  Some of us are caregivers, some have disabilities, some are trying to attend school, etc.  It hurts us when people make compromises and send that message to the MTSOs. 


I've said it before and I will keep saying it -- anyone who works from home can have the benefits you mentioned but they also deserve a decent salary for their work.  They are two completely different things.  No home accountant, dentist, car repairman, electician, physician with office in their home, lawyer with office in their home -- you think they lower their rates because they have the above-mentioned benefits?  Think again.  I use quite a few of them and they charge no less than anyone else. 


Working from home = good for the employee/IC.


Working from home with decent pay = good for the employee/IC and just as well. (as in "justice.")


Working from home for less pay just to get to work from home = a compromise that affects more than just a few and overall not a sound decision because you are not fighting for what you are worth (whether you feel you need it or not).   You are letting emotions override reason.  Yes, there are savings in gas, etc. but we still deserve more money. 


People who take public transportation to a job outside their home save money in gas too but they are not paid a lower wage because they take the bus or ride the metro!  People who wear uniforms are not paid a lower wage because they don't have to get dressed up!  People who are allowed to bring their kids to work (I worked for such a firm) are not paid a lower wage because they can bring their kids to work.  So what makes that acceptable for us?


Same goes for the question of benefits.  You may not need them.  Others do.  It matters very much what a company's benefits are.  Good for those who don't have to worry about it.  They can decline.  But all of us should be offered the best so that those of us who do need them can afford them.   


And if you reply, well, if you don't like a company you can change jobs, it's not about that either.  It's about the salary range overall for the transcription profession period.  Benefits come second and are an entirely different category.  The standard of pay affects each and every one of us from the most experienced to the newest newbie.  Benefits affect some of us but they ARE important and are also worth fighting for.  If you don't need them, there are enough who do.  


Companies watch one another.  They watch this board to see what we want.  They watch this board to see how little they can give us and still retain us.  Right now we have people saying "unionize!" and others saying "It's okay.  I get to stay home which is something I'm willing to take less pay for."  You honestly think the MTSOs are taking us seriously??? 


Look, I'm not trying to come down on you -- good for you for what you are able to have.  I'm glad for you.  Just please look at the overall picture, look at us as a group of professionals who deserve what any professional deserves working from home or not.  Why should we be treated any differently?  Why should we make compromises?  You are deserving of a decent, living wage and all the benefits a company can give period.  Anything else is icing on the cake.  At least, it is in other professions.  Let's NOT be "specialists" in compromising.


Are we a team or not?  We're giving the MTSOs mixed messages here folks!  Let's look out for one another. 


Need advice on line rate

I have someone asking me what line rate I would be willing to work at on a 13 words per line basis, and I have no idea what to answer. Can someone please give me some advice on this?


Thank you!


Going rate per line as employee

Can anyone tell me the going rate per line for employee status?  I am currently IC, but looking for employment.  Any help appreciated. - Newbie!


how can you rate a "car" you haven't taken out on the "highway" yet?
x
&that rate is experienced MT. Figure you making
x
100% placement rate is like guaranteeing you a job when you finish.
NO reputable school would do that.

They are also frowned upon because they use/used their students to spam all over the internet about their school. WAHM message board actually deleted the MT area because of them.
Average is 1/2 the line rate for straight transcription.
Companies say that you should be able to edit twice as fast as you can transcribe, but most VR editors I have talked to say that is rarely the case. So the 1/2 line rate hardly seems fair.
I need help starting out.
I have been struggling for the past year to get my paycheck.  I am so fed up with having to constantly hound the "company" that I work for that I might as well get my own accounts if I have to do so much footwork.  I would love any advice on how to start up my own accounts.  I'd love to receive all my files off the internet.  Any advice...... Please.
is that what starting cpl is now?
Although I am not there anymore, I started with Spheris at 0.065 as a newbie just a little over 1-1/2 years ago. This was for clinic work, not acute care, either. It just seems the rates continue to drop. I agree with the person who said that is VERY low.
Starting pay

Does anyone know what the MT starting pay is for Webmedx, Accustat Carolinas,  Accusribe and Transolutions?  Also, could you give me your feelings about these companies?  I'm looking for the good, bad and ugly.  I need to make a change, but am looking to avoid going from the frying pan directly into the fire.  So, I am asking here in an effort to get some honest information from those of you who would know from your experience. 


Thanks a lot for any info you can provide.  Feel free to send me an email if you would prefer.  Thanks again.


Starting out as an IC?
I graduated from my MT course in August and have been trying ever since to find work. I currently have an offer from LTS to work as an IC, but I find the idea kind of intimidating. Having to get insurance, quarterly taxes and me being new to the field. Could anybody give their opinion on whether I should wait or give it a shot as an independent contractor?

Thanks
Starting out

Starting out as an IC is probably a good thing.  Most companies want their employees to type 100 to 150 lines per hour average.  I know that does not sound like a lot, but when I was new I had to stop a lot to look things up.  I still have a hard time getting in 150 lines per hour and I have been at this for over 3 years.  (I probably should have learned how to touch type before I started!)  I started out with a company called MedQuist.  They hired me right out of school.  It is a good company to work for, but they require 100 to 150 lines per hour for benefits.  I know that most companies won't even consider hiring anyone with less than 2 years at least, some require 5 or more years expierence. 


I am an IC now and I am a bit concerned about taxes also.  I was told by my accountant that you can deduct a percentage (based on the size of your home office) of your bills, possibly taxes, and even mortgage.  Save all receipts!!!!  To be sure, please talk to an accountant.  Tax laws are different in every state. 


Good Luck 


Starting a new job
Did anyone find it a little frustrating starting a job.  I have 2 jobs.  One I trained today, but there is no work as of yet.  The other I am waiting for the account to start.  Did anyone else have these problems?
just starting out
I have finished an online course w/a good grade & am TRYING 2 find a job but seems anyone/everyone hiring is looking for @ least 2 years of experience... does anyone have any advice or ideas on how 2 get started? thanx in advance.
when just starting out
First let me wish you best of luck in your chosen field. I would not expect to be able to do this at home right out of school though. It takes most people a while to "get their feet wet" so to speak, at the very least a year, maybe even two. I don't mean to discourage you, just don't want you to be discouraged later. I think the best thing to do is find a job with a local hospital or clinic and take it from there. Good luck.
Okay, I'm starting to think that it is me.
I have taken the test for RI Unlimited, and yesterday morning, I got an e-mail that said I failed. Today, I started the test for Princeton, and completed all of the written test. I obviously passed, but when it came time for the transcription test, all that happened was that I got a pop-up saying that my experience wasn't what they were looking for. No transcription test as simple as that. Now as far as the 2 test I have failed, I just don't understand how I failed them, and neither does my cousin (who looked them over before I turned them in), and she's been in the business for a really long time now. I'm going to try Sten-Tel, but is there any pointers anyone can give me that may help. I'm getting really frustrated, and I'm about ready to give up and take a convenient store job. I really need the work, and I'm actually willing to take less pay.
Starting pay in hospital
Any ideas of the pay for in the hospitals?
RE: Starting pay in hospital
Depends on what part of the United States you are inquiring?
Starting Salary

Thats what i heard but about what will that come out to per hour if I am working from home?


Starting Salary
How much should starting salary for a new Medical Transcriptionist be?
Just starting.. and scared..

Hi.. I'm so new, that in fact, I just signed up for an MT course at Career step.


Now, after reading this, i'm quite concerned that I will never have work when i'm done with this.

We live in a small rural community but there are a lot of doctors and one hospital.
I would like to stay home and work.. is there really money.


I see people talking about the money is not very good that they are making.


I only need to make 25,000 a year- can that be done?  With outsourcing?


 


Thanks for your help.


 



 


Congrats Ed!! I'm starting the CS
course at the end of March. I'm taking it through Everett Community College, so I'll have additional help from instructors! Maybe we can help eachother out! You'll be about a month ahead of me, but Everett says their timeline to complete the course requires about 40 hrs. a week. Maybe I'll catch up with you quickly if your not studying full-time.
Christy
starting an mt business from home
Help - I'm currently looking to do medical transcribing from home but don't know where to begin.  I'd really like to talk to someone that can help.  I worked at a hospital for 2 years in the orthopedic department as an mt.  However that was 27 years ago.  I have been with a major airline for the past 21 years which is now bankrupt, so I thought I'd go back to MT.  At least that way I'll be home once in awhile.  Where do I begin.  Thanks so much for any information you can give me.  I'm in  Northern Kentucky if that matters.
help with starting mt from home business
I don't know what online schools are legit!  Any suggestions.  I'd like a quick refresher course online if possible.  I want to get started now.   I'm still going to keep my other job and transcribe part time. 
Honors or not, I pay 5 cpl starting out and if the MT proves
that they can do the job then I'll go up from there.  I am the one who has to sit and edit every single word that is transcribed by the new MT and give feedback.  That takes up all of my time.  If an MT shows that they can get the job done accurately, I'll increase their line rate even if that's only a couple of weeks down the road. 
This is starting to sound like a company
that is known for being difficult. You aren't working for TranScam, are you?
$9 an hour starting is really good for a new MT.
As the poster said below, most new MTs do not start that high. It took me months to get to $9 an hour.


Anyone even thinking of starting school SM

for this field, go to the Main Board and read the post from "I AM DONE" - I didn't type it, but it's a pretty good summary of what an MTs career ends up to be.


I know when I was just starting, I was leaving whole phrases blank! sm
that is the only way to build your vocabulary. Also you need to learn techniques for re-listening to figure out words.   First rewind and listen over and over and try to pick up the very beginning. Be careful that you don't let the end of the prior word run over into the beginning of the word you are trying to figure out, (as in "gonna lash it to the bow", if the end of "lash" runs over into the beginning of "it" LOL). If you can figure out the beginning then run through the dictionary or word book, looking for possible matches. Relisten through the matches. Be careful with similar sounds, B and P, V and F. If you think it starts with a P and you don't find it, look in the B's. If you can't find the beginning, then start listening for the end. Sometimes that can be helpful.  Once you have more experience you will have an idea of what **should** be in the blank and you can look for something that might fit and go from there. p.s. this is why MTSO's don't want to hire newbies....too much extra training 
starting a school and can't spell curriculum - PLEASE
can't help but be police-
Just received a foot pedal that I need for a job I will be starting...sm

Everyone starting on this new account I was hired for need a Boomerang foot pedal so my recruiter sent them out.  I told her that since I work on my laptop I needed a USB but she never responded.  When I opened the package it has a 15-pin port.  I did a search and it seems that is what is available.  Is there an adapter so I may fix this problem.  Otherwise, I'm not sure what can be done except letting them know I won't be able to take the position.


Thanks for the help in advance.


 


That's the problem with newbies starting at home...used to be-
you went in-house and you had someone sitting next to you that you would pass your headphones to real quick. Nowadays, the newbies are begging, begging, begging for a chance to work on accounts but what they don't realize is for the small MTSO, that means SHE gets to be the person who listens to every little word they don't get- only far less convenient because you have to go back into the report, re-load the dictation or find the spot where the word is, then listen, then correct it, then send the corrected version somehow marked back to the newbie - I won't hire newbies anymore unless they are willing to work cheap - otherwise I can't recoup the money I lose because I'm chasing words instead of hitting the keyboard myself.
6 cpl is too much for someone just starting out. If they're good, you'll know it & can up the
rate from there. If they suck, you'll know it, too, and can either take the chance of training them or cut them loose.  I know it's brutal, but it's honest and it's business.
Career Step grads - what was your starting wage?

Career Step grads - what was your starting wage? What were you offered in cents per line? How many offers did you get? How long did it take you to find work?


Thanks  : )   -MKJ


A good book for phrases is the Medical Phrase Index. $$$ but well worth it when first starting
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