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Serving Over 20,000 US Medical Transcriptionists

Yes, you are correct. IC=Independent Contractor.

Posted By: NCMT on 2006-03-28
In Reply to: IC stands for what? - what is

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Sorry, that should say as an Independent Contractor (nm)
nm
independent contractor means you are sm
working for yourself and not for them. You must pay all your taxes including the other side of your SS tax called self-employment tax.

Six cents per line is a good rate for a newbie with no experience but not for an independent contractor especially having to invest in equipment. I would work for a company that made me an employee for a couple years.
Independent
You can send mass mailing out to all docs in your area just letting them know you are willing and able to work as regular or to fill in for their regular transcriptionists when needed which is how I got my start at .10/line as a very very newbie and now make .15/line and transcribing independently for three docs. No benefits but that's ok - love the freedom of being my own boss. Initially sent out 75 letters - got three responses which was good enough. Good luck to you!!!!
You need to look for independent
contractor status.  This allows you some flexibility in scheduling with your toddlers in tow. 
Independent contractors
Be wary of independent contractors.  Some of these job offers may be nothing more than scams.  They offer a certain wage per line, send you a HIPPA agreement to sign, charge you for free downloadable software, and then you never hear from them again.  Finding work as a "newbie" can sometimes be even harder than you imagined.
Being an independent guarantees...
…really nothing that I see so far. I have accepted a job as an independent and guess what? They asked what hours and which days I would be willing to work for them. I told them the hrs and days and because I really wanted, really wanted to work for this particular place, it was OK for me. Now I know lots will say well you should be their employee. I do not need the benefits, hubby carries those and I, knowing what work this particular place had, was more than willing to go along with their needs. That is the part of being a transcriptionist. I fit into what they need, not whaas I wanted. This person sounds like they have a lot of growing up to do.....
Any independent MTs using microcassettes ?
Having a problem with one of my docs tapes.  One report will be fine and then the volume gets really loud and muffled sounding....so muffled that it's hard to determine lab values accurately.  He's ready to ditch the microcassette and go digital.  I have no clue what I would need to transcribe digital.  Right now I'm using a Sony microcassette transcribing unit.  Any suggestions ??   Thanks !!
re: independent studier
I am an M-Tec student, and I have to add that I am a very independent person; I don't ask very many questions of my instructor. I pretty much do what my syllabus says, learn the material, and send in my assignments. I do, however, appreciate the fact that she is there when I do need her. She gives excellent feedback on my graded assignments as to what I missed and why I missed it. The "why" part is invaluable; I need to understand why you do this or that in order of it to stick in my head. If you're not getting that from a book and have no instructor to turn to, how will you learn? JMHO.
Independent MT study
ebay, yes, alibris, no, I will check that now, thanks :)
Independent MT study
I am training on my own at home with Medical Transcription Fundamentals By Diane Gilmore but I have no access to the answer keys to check myself. I have contacted the publisher but I think you have to be affiliated with a school to access that content. Does anyone know how I can obtain the answer keys to the book work and the dictation files provided? I am currently at a stand still because I have no idea if my transcriptions are accurate. Any help would be appreciated. Thanks!
Independent Contracting questions
I am currently subcontracting with a company and I enjoy the work, but as a new transcriptionist, there isn't much of it. I was wondering if anyone had any experiences to share with how they found an independent contracting job.

I'm actually searching for something to supplement the job I have. I would like to work with one doctor if possible, but I don't know if that is possible. I'm hoping that someone had started out working with one doctor and then added on doctors when they felt their work with the first doctor was consistently good.

I am really just looking for some information and advice to figure out how to do what I have mentioned above.

Thank you,
Dara
question regarding independent contracting
Hi. I am a new MT and worked for over a year as an independent contractor for an MT transcription company. I would like to know what form do I need from them that is required in filing for my income tax return? Thank you in advance for the info.
Unfortunately, that's correct. SM
This board has several posts from new MTs in the same position you are - try reading through a few pages and see if you get some ideas. :)
That is correct.
The pay does suck but if you want the experience it is a start, although a low one. I am currently looking for a new job with another company.

There was a new MT that said that he would work for free. He might as well sign on with Sten-Tel because you are practically working for free.
Olympus is correct - nm
x
Correct answer - only cap if.....sm

only cap medical Transcriptionist if it is a company name....I am an MTSO with my first name and surname coming before, i.e.,  [My Name Here] Medical Transcription Service



They were correct. Should not use contractions
unless it is in quotes.  That is where becoming familiar with BOS will help, though not all companies follow the guidelines strictly.    I don't think that is reason enough to not hire you though if that was the only issue.   I have been doing this 20 years and what the account specifics were for one company were not the same for another and I had to relearn the way I did things. 
Auto Correct
Hey I did not know about that feature!  So cool!  I am still a newbie and I do not want to jump into Expanders yet.  I want to be sure I know what I am typing and how to spell everything before I start relying on a program to do that for me.  I will, in time, get one so that I may increase my speed.  But for now, I think it is an essential part of still being in the learning phase to have to spell it all out.  However, I did go into the auto correct feature and added a few things like RRAR for regular rate and rhythm, of CToA for clear to auscultation.  I do clinic reports for an internal medicine clinic so those are used with every report.  I figure as I work I can add things in there.  Thanks for the great tip!
The article WOULD have been correct....
You now have a different president with a completely different agenda that he is going full throttle on.......universal healthcare.....

The govt is NOT going to pay for paperwork (transcription), which is why Obama wants everyhing on a computer, which is another problem, considering the privacy threat there but doesn't matter, O wants to govern and control everything.

Because of the aging population, there definitely would have been a need for more and more MTs, but considering Obama is pushing fast to have government run healthcare, that has changed the playing field considerably. That is why healthcare companies are going to him first before he gets his claws in their companies..... they are trying to put his brakes on before he tries to rule them too! Proposals are being made by the healthcare commpanies to cut their costs to the patients over the next few years in hopes this will keep Obama at bay, at least until he's out of office.

Too bad the pharmaceutical companies aren't offering to cut their prices! Don't see Obama going after them either!

So, unless healthcare corporations can keep the prices down AND afford to outsource to transcription companies, only time will tell.

The baby boomers would have been a sure bet for more MT jobs, but all bets are off for right now. Four years from now may tell a different tale.
Yes, that is correct...sorry if I worded it wrong.
/
type 2 is correct, no caps
x
Auto correct in Word
I agree with auto correct in Word.  No need to waste money on an Expander auto correct work great and comes free with Word.
Patti is correct. I do not pay quarterly- sm
taxes anymore. I was doing it but it seemed silly since my husband was having extra taken out from his taxes which covered my taxes. We still end up getting back about $1500 every year. Total waste for me to send them $1200 a year just to get it back a few months later.
You can create your own in Word with Auto Correct.
nm
If you use Word you can use the auto correct feature
until you can afford something. 
There is no need to correct grammar or spelling mistakes on this board. (NM)
Goldbird
Auto correct within Word works great. nm
 
aren't we lucky this site has you to correct our spelling/grammar usage.
maybe you should consider editing.