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MModal ---Nuance - Irish Eyes Weeping


Posted: Mar 17, 2014

Rumor has it that now Nuance will purchase MModal!!! OMG... There will be no other company left. Nuance is horrible and now with joining hips with MModal it will be worse for all of us. 

I left MModal and now with Nuance and things are not better. MModal will just continue to ruin the industry and send everything offshore or to VR and pay us pennies for our knowledge and hard work.

I am tired of sitting around waiting for work only to now be told that MModal will most likely be taken over by Nuance. Isn't this illegal? 

Irish Eyes Not Smiling Today!

 

 

To Irish Eyes - sm

[ In Reply To ..]
Can you tell us outright or give us a hint as to where you heard this? Thank you.

MModal ---Nuance - Irish Eyes Weeping

[ In Reply To ..]
http://online.wsj.com/news/articles/SB10001424052702303369904579425691066660768

One less competitor for Nuance - MModal files bankruptcy - MModal employee

Posted: Mar 8th, 2014 - 10:43 am

When a company files bankruptcy they are - not out of business. MModal

[ In Reply To ..]
is attempting to restructure debt coming due. Nuance would not purchase a company with that much debt. I wouldn't be suprised if Nuance isn't much farther behind them with their acquisitions and growing too rapidly. If things work correctly, Mmodal could come out the other end much stronger than before. If not, well ... it would be the end I guess, but I don't believe for a second Nuance would touch that with a 10 foot pole.

NuMo? - NotSurprised

[ In Reply To ..]
Kind of thought that would happen when JPMC took control of MM over a year ago. The aquisition of Spheris seemed to put a drain on their profits? That could also happen to NTS acquiring a company that is $480 million in the hole and all the problems associated with BR/BK.

I truly hope this is pure garbage - anon

[ In Reply To ..]
I escaped Nuance and went to MModal. Nuance is the WORST company on earth to work.

Why would you - think

[ In Reply To ..]
it is illegal?

Nuance/M*Modal - Poison combo

[ In Reply To ..]
As you probably have already read on the MM board about the coding thing that is going on now and all the frenzy to be a coder and all of a sudden work for the "best" company ever! Yeah right. I am just wondering if MM is dumping its transcription portion and keeping just coders? Either way, it spells disaster for everyone. I worked for M*M and literally had to find something else and quit. I just couldn't take it. When your heart starts to pound every time you get an e-mail it is time to go, which I did and never looked back. I applied at Nuance and then after reading the posts decided against it and told the recruiter that was the reason why; too many negatives, like they care. So to all of you hanging in the balance, either get out or good luck, cuz it ain't going to be pretty! :o(

R U M O R - IT WILL NEVER HAPPEN

[ In Reply To ..]
You can stop spreading the rumor. It's just that. It will never happen.

Nuance can't afford M*modal first off.

Second, if you read any of the recent information about MModal, they are breaking into pieces. If they can find a way for document creation profitable, they will not be letting go.

Nuance has its own headaches right now. Stop spreading rumors.

Did you even read the information? Nowhere does it - imply a merger or purchase. Stop

[ In Reply To ..]
spreading rumors you know nothing about. I think Nuance struggles with their own issues right now and since they often mimic Mmodal, who knows they may be watching and get the idea next to be in line for bankruptcy protection. Chapt 11 bankruptcy does not put a company out of business.

If these are Indian companies can they file for Chapter 11? Nm - Oldie

[ In Reply To ..]
Xx

Their India subsidiaries are most likely separate - entities and would not be included.

[ In Reply To ..]
nm

If they are incorporated in America, they can - Chapter 11 is American - not worldwide

[ In Reply To ..]

Foreign-owned Companies - Cranky

[ In Reply To ..]
The maor shareholder of a company (or owner) can be foreign and still have an American Corporation filed with the Secretary of State. So they can still file chapter 11 bankruptcy and screw the creditors.

waiting for work? - me

[ In Reply To ..]
If you're waiting for work you need to request another account. On the accounts I see, I see well over 300 jobs waiting of a night. If you're one of the day shift only people I can see you'd be waiting.


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