If you are inadequately prepared, you will be toast. My business is growing.
Posted By: Not all of us are losing accounts on 2006-06-04
In Reply to: "Continue to be happily employed?" I'm glad you put THAT in writing - Sylvi
Please don't put us all in the same box with you. Some of us have nothing to complain about. We're doing well.
You may not like that. It may not make you happy. That doesn't make it any less true. Go ahead and wish the worst for others if it makes you feel better about losing your accounts, but you may have lost them because you aren't very good at what you do.
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I know many who are doing very well, but they were well prepared
They didn't get into it until they had a good education and they were ready. That often, but not always, makes the difference. Too many people got into the field years ago when you sort of "fell" into it by accident. No training. No education. No idea of how to do a good job. If the boss accepted what we did, it was good enough. That's not good enough these days, so quite a few of the people who worked that way got left behind. That's my opinion from what I've seen over the years. Also, you can't necessarily believe people when they say how good they are at transcription. People I know and like very much have a greatly overrated idea of how good their work is. Just because some employer has accepted it for years doesn't mean any other employer would. That's a big problem when people with poor work skills, doing a poor job for 15 or 20 years have to get a new job when the old boss retires or the hospital outsources. I'll stop here.
But someone who is prepared to (sm)
to transcribe medical transcription has taken a lot more than 2 courses - do you mean courses or in-depth programs that includes biology, pharmacology, anatomy and physiology, medical terminology I and II, and multiple English classes (writing composition, grammar and punctuation, and spelling).
On top of that, a good school will actually put it all together and give you experience with actual transcription, but not until all the above building blocks have been conquered.
If you haven't had all this from a reputable school, you have not yet begun to fight.
Be prepared for QA.
It sounds like you are touchy about advice, even when you ask for it.
You will be prepared if you go to M-TEC! sm
I had no problem passing tests when I graduated. I have been working from home doing acute care work for 9 years now. Best of luck to you. 
No, I did not feel as prepared as I could have been. See message.
I have been working as an MT for a little over 4 years. I am a CS graduate, and if I had it to do over, I'd choose Andrews School or M-TEC.
Almost all of the books you receive from CS are written by the lady who started the school. The other 2 schools use real reference books that contain a LOT more. That's one reason the other 2 cost more. Since graduating, I have purchased quite a few of the textbooks used by Andrews and M-TEC, and have improved my education significantly.
Also, the other 2 schools have real instructors who go over your work and point out errors, and help you along. At CS, your work is "automatically compared" against the same report done at some unknown time and place by some unknown MT, who may or may not have done it correctly. All you get is a comparison between the two, it only shows the differences, like holding two pieces of paper up to the light to see if everything matches. Whenever there are differences, it's up to YOU to figure out which one is correct. The only time a real person actually looks over your work is when you take your final exam (which over 50% of students fail the first time they take it, and that statement comes directly from CS itself, not from me).
Yes, I did get a work-at-home job after graduating from CS. But I feel my first year of work was a lot harder, I spent a lot more time looking things up, there were a lot of things I would have learned at Andrews or M-Tec that I didn't learn at CS.
You're already ahead of the pack by knowing that you will not be prepared.
Unfortunately, far too many students coming out of some programs think that they will be prepared and that the experienced transcriptionists here are just trying to rain on their parade, which isn't true. We speak from experience, something those new students don't have, and some of us are in the position to see what kind of students programs turn out.
should I get into this business
Hello, I have been researching the medical Transcriptionist field for months. I have applied and been accepted into a training program but am finding myself hesitant to move forward for several reasons. Maybe someone could give me some advice? 1) I am seeing more and more comments about MT work being outsources overseas and I am concerned I am moving into a business that will be dying in a matter of a few years 2) I am concerned I am moving into a business that will take me several years to make a solid living wage above poverty(in building a business) as I read so often of those individuals starving to get started the first 2-3 years 3) In searching several boards it seems that many long hours are being put in by individuals just waiting for work, which actually makes the work day significantly longer. I am just expressing what I continue to read over and over again on several sites and hearing from MT's I have been fortunate enough to correspond with. Truthfully, I am a mother trying to ensure I secure a future for myself and my family. I am not trying to be negative, just realistic. I look forward to your advice
Should i get into this business
Medical transcription is a great business to get into. You set yyour own hours, you can work from home. Yes it is true that a lot of companies are outsourcing overseas, but if you look closely, a lot come back to America because they are not happy with the work. If you start working with a company, you can get the experience of doing your own invoicing, and transcription, you will eventually find the time to go out and search for docs in your area that may need a Transcriptionist and that is howu you start your own company. It is a lto of typing but if you put in the hours you are highly rewarded. I took a second job with a company when a doctor that I got on my own, became a hospitalist. I am trying now to find the time to go and look again for doctors on my own but it is hard, when I have one child at home and one child in school part time. GOOD LUCK
I have been trying business with no response
I have taken one test and did not pass because they wanted a 98% accuracy and I believe that I had a 94%. All the other companies that I have applied at tell me that they want experience or I keep bugging them to take their test. I am now cold calling doctor offices to see if they need anything. I know 3 people in this field that work from home and they did not have trouble finding a job at all. They all started about three years ago though.
MT business from home.
Thanks so much for your help. It's people like you that I hope will answer my emails. I'm going to keep making phone calls to schools locally and online. Thanks again Dee
You don't have to know if they checked on your business.
Good grief.
I don't think it is. I would not recommend this business
to anyone. With all the work going offshore or going to VR and the line rates dropping, or not increasing with inflation, plus all the horrible platforms, etc. it just isn't the business I woulud want to retrain for.
Future of MT business
EMR/VR is described in previous post. If you do VR you are an MT and an Editor with a pay of 3 to 4 cpl. Not my cup of tea but some people may prefer it. You will see the large outsourcing companies send work out alot more often now to increase their profit margin - ALOT. Therefore you are going to be limited as to how much you can make with them. If you earned $2500 a month full time, there is someone sitting in India or the Philippines just waiting to do your job for an average of $239 a month. Bottom line is that saving $$ will almost always be the deciding factor. To avoid that situation, I have gone to a company that hires U.S. MTs only. That is proudly posted on their web sites and companies who post on MT Stars. You get paid more, there is steady work, and it will not be outsourced. That is not to say that the client will not end up outsourcing as a cost saving measure. Try to support U.S. companies and help them to grow. They are the ones trying their best to protect U.S. jobs, not the AHDI. If it is up to them, in the future the MT positions will probably be cut in half or more by 2015.
As far as satisfying work. If you have an account that you get good on, maximize your potential, and earn up to $20 or more than hour - that is satisfying!! And by the way, there is no way your husband could ever guess what it is like to be an MT. Stressful, yes. Boring, no. The knowledge and technology training you receive are invaluable, as long as you can make money doing it. Not so easy these days, but possible if you don't mind changing companies/clients until you find the right fit.
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.
Okay, we believe you. We are also aware there is no guarantee any particular business is going to b
I suggest you research companies carefully before accepting employment. I could have taken a job with a brand new company a few years ago, but understanding the risk, I looked for something with a proven track record. That's still not a guarantee, and I am now leaving the company I'm working for because the current manager is so untalented that I am concerned about the expansion she is currently planning. I don't think she's up to the challenge, so I'm getting out before I get burned. Posting about her here won't convince anybody of what it's taken me years to be able to see by close observation.
Many MANY of those places listed are out of business now, though, so
s
Allied Business School
Has anyone out there actually graduated from Allied and found employment? I finised their medical transcription program on 10/25/07 and have yet to get any kind of job offer. I have sent tons of resumes with no luck. I am so frustrated I can't even begin to tell you. Any suggestions would be greatly appreciated. I just want to find somewhere to start. Thank You. 
Millenium Business Solutions
Anyone out there heard of Millenium Business Solutions? Any information you might have would be great. Thank You
Allied Business Schools, Inc.
 Has anyone else out there taken MT courses from Allied Business Schools, Inc. - and if so - have you had any trouble finding a job?
Allied Business Schools
I also graduated from Allied and I have had a terrible time finding employment. I graduated in October and have yet to start working.
Allied Business Schools, Inc.
I graduated from their course in Aug. 2006. I found employment within two weeks, of course, with no help from Allied. I went to Google and found as many transcription companies as I could and applied to all of them that would let me. I did a lot of foot work.
Just keep testing, and eventually, you will find employment. I know it is rough to get started, but it will eventually pay off. I just got a job working at a hospital on an Air Force base (coincidentally the same base my husband is stationed at), and I didn't even apply for the job. The staffing company that has the contract found my resume on Monster.com and called me. I don't work at home anymore, but it is a steady paycheck.
If you are this new to the business, then you might want to consider working outside the home just to get your foot in the door.
Hope this helps! If you have any questions, you can e-mail me, and I will help you out in any way that I can.
I didn't know Allstate went out of business...sm
Do you know why? I did the AIM program and worked for Allstate too.
If you take an MT program at an outside college or business school, you might just be able to take
s
thinking about selling my transcription business...
 and just wondering if any one has any opinion on interest in that. The person owning the company would make a minimum of $82,500 a year, running the business and doing some transcribing part time. It would be very easy to do some marketing and bring in some new accounts, which could easily push that 82500 to over 100000 a year. I have repetitive stress injury and my doctor has told me I need to find something else to do. I was thinking if there was an MT or a group of MT's (the company is incorporated so shares can be sold) that would like to get together, they can eliminate the middle man, earn retail price for their lines and establish job security, not to mention satisfaction. Price would be around $250,000 but like I said, a group of people could go together to cover that and with a little work in marketing, it could be paid off in three years. The business is about 10 years old and to the point where it is generating its own referrals. It could really go places if someone wanted to spend a little time marketing to a few new hospitals. Any one have any thoughts on this.
Sorry to hear about your lost business. We aren't seeing that.
I'm seeing more business than ever before. I hope yours will pick up. Don't get discouraged.
MBS (Millenium Business Solutions)/Medlytics
Can anyone please tell me, specifically,
what problem there is with MBS? I was just notified by e-mail to fill out their job application and did so. I have been trying in vain since 11/07 to find a job (new grad from LearnTranscription.com) and am getting desparate!! There is a posting that they are terrible, but not really any specifics about them. Anyone worked for them?
MT schools are in the BUSINESS of selling MT courses.
Of course they are going to paint a rosy picture of this career.
Allied is not a very good course, and the MT companies know it. That's why they say they require 2 years' experience. (But they will waive that for grads of the better schools.)
How extremely childish. You are in for a BIG surprise. This is a tough business. nm
"
All we have to go on is what you posted. You are losing work, going out of business, failiing
If you aren't doing well, the wisest thing is to change your situation. Get a better education perhaps. All we know about you is the fact that you have posted that this career is not working for you and some of your friends are also having problems.
How long have you been away? Might need a refresher course from a local college or business school.
s
I'm going to say at an outside source where you attend classes - college, business, or computer
s
I enjoy MT, but I see the writing on the wall. I have started another at-home business....(sm)
I love the tax benefits of working from home, so I have gone into another business. I am probably about six months away from having this business surpass my current income. Once that happens... I am out of MT. Sad, but true.
I don't want to be the last rat off of the sinking ship! (Not that I consider myself a rat, mind you. More like a cute, fuzzy mouse, perhaps...)
Ha ha!
If you can afford it, a college program or business school that teaches it. You'll make contacts,
s
Agree with an outside school, but I went to a business & tech school. Great experience, better
s
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