A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Bankrupt Spheris wants to pay their workrs in cash - to stay with company until sell to MQ
Posted: Mar 13, 2010
http://www.tennessean.com/article/20100313/BUSINESS01/3130330/1003/NEWS01
So many workers are taking time off that Spheris Inc., currently in Chapter 11 bankruptcy
and waiting to be sold to a rival, is concerned that it won't be able to finish all its medical transcription chores for clients in a timely manner.
The Franklin-based company wants U.S. Bankruptcy Court approval to pay its employees in cash for up to 40 hours of accrued and unused leave time so they'll stay on the job and transcribe doctors' notes into computerized files.
In a bankruptcy filing, the company said it has experienced a 34 percent spike in days off because some workers are afraid they could lose their paid leave time once Spheris is sold.
Without some relief, Spheris said having fewer typists on hand could result in longer turnaround times and damage customer service.
Under a pending sale agreement, publicly traded MedQuist Inc., of Mt. Laurel, N.J., would acquire Spheris' domestic operations.
Nuance Communications Inc., a creditor and a competitor of Spheris, opposes the sale.
Karma - they had no loyalty towards US MTs - let India keep their TAT
[ In Reply To ..]As usual, Spheris expects their MTs to care more about their clients than they do themselves. Spheris itself cares about neither, only saving face. I hope all their customers bail, and their MTs too - they've proven time and again they will lie to their MTs about ANYTHING that serves their corporate interest.
spheris - question
[ In Reply To ..]Someone explain to me how a bankrupt company has an ad posted on mtjobs.com?
What's to explain? Help wanted, end of story. A business BK is different - than a personal BK.
[ In Reply To ..]Apparently they need to keep their existing clients happy. Who is going to want to take on a totally defunct company?
I wouldn't recommend posting references to - other sites similar to mtstars
[ In Reply To ..]I accidentally did that and couldn't post for quite a while. You might want to let them know and ask them to delete your post before they ban you.
I read this and laughed and laughed! - tiredoftyping
[ In Reply To ..]This company left me, my supervisor and my coworkers high and dry with no warning and I think it is hilarious that they are getting a taste of their own medicine! I've said it once and I will say it again - GO KARMA!!! Hee Hee, can't quit giggling!
spheris - need work
[ In Reply To ..]I agree, Go Karma!! May be some of these other companies that are doing the same things and handling things the way Spheris did, should reconsider what they are doing or they will be in the same boat!!! Lovin' it! That was one of the worst places I had ever worked for!
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