A community of 30,000 US Transcriptionist serving Medical Transcription Industry


3 years. Question: How many more years do you plan to be an MT/editor? - Rose


Posted: Dec 20, 2013

There is much speculation about the field of transcription - how many of us actually plan to be here 5 years, 10 years, 20 years from now. I realize that the field is going to change, which will contribute to your answer. Will there be enough transcriptionists/editors to fill the need in 5 years and in 10 years? Will the industry be forced out of offshoring because of taxes? Will there be a need even for editors if VR gets better? These are all unanswered questions, but my question is, what is your plan under today's conditions. I answered 3 years because I am going to be 62 on my next birthday and I do not intend to train in another career. I am making about what I will make when I take full Social Security at age 65, so I am using the next 3 years to adjust to that amount of income. Next?

I'm hoping I'm out in less than a month. - Carol

[ In Reply To ..]
This is not a profession anymore. We are being transitioned to Nuance this weekend and I do not like the changes. I'm getting out of MT this coming year and never looking back. I hope you can make it three years. I'm not optimistic.

Hopefully out in 15 months - sm

[ In Reply To ..]
I have 12 months to go to finish my bachelor's and then I'm out. I will have a degree in finance and will hopefully get out of healthcare all together.

Full social security at 65, are you sure - of the age?

[ In Reply To ..]
This is what I just got off the social security site:

Full retirement age (also called "normal retirement age") had been 65 for many years. However, beginning with people born in 1938 or later, that age gradually increases until it reaches 67 for people born after 1959.

I started drawing my full a year or so ago and I had to wait until 67 for full. Think 65 not full anymore.

Full Social Security - greyhoundmom

[ In Reply To ..]
I have been collecting full social security. It has been two years. I had to wait until I was 66 and one month Just thought I would mention, if you don't do it over the computer, you can go to the office, but one thing that is nice, if you make an appointment over the computer, you get taken at the time of your appointment. Otherwise, you have to wait a very long time depending on what time you go.

Hope to get out ASAP - anon

[ In Reply To ..]
but more likely within 12 to 15 months, hopefully. Things are so uncertain right now. I do plan on training to do something else. We just need to get the money together first. Good luck to all!

13 years....sm - Old Woman

[ In Reply To ..]
I will reach full retirement at 67 years 9 months, so I still have a way to go. I had tried retraining about 3 years ago by going to nursing school but became deathly ill and was hospitalized. I now have had several surgeries over the last 3 years and my health will not allow me to finish my nursing education, so here I am. Hopefully, this profession will exist in some form or fashion until I am able to retire, but I know that change is inevitable and that I will have to roll with the punches until then.

retirement age - Effie

[ In Reply To ..]
I was born in 55 and will reach full retirement age at 66 years, 2 months, but hope to work until I am 70... I can't afford to retire at 66 and I have to hope that I don't live that long after 70...

I knew retirement age had gone up, last I heard - was 67, months?

[ In Reply To ..]
I know not 65 anymore.

depends on when you were born - for me - 66 and 6 months.

[ In Reply To ..]
check
http://www.ssa.gov/pubs/ageincrease.htm
I have drawn full now for 4 years but seems - like yesterday when it started
[ In Reply To ..]
This time is going toooooooo fast.

Got out 1 year ago - But...

[ In Reply To ..]
Wanted to get out starting in 2006, but held on. Finally, I couldn't take the mental stress anymore, so I started my new non-MT hunt in late 2010 and got out of MT for good in December of 2012.

Don't wait around if you want to get out. Be proactive. It could take years, whether you are going for a college degree, a credential, or you are just looking for something to coast along until retirement.

I'm 58, and am on the "coasting along" path until I'm 62, when I will collect Social Security. I am eligible for full SS benefits at the age of 65, but I don't trust that system, so I'm going to start to draw at 62. Hopefully, I will be able to fully retire then.

How can you draw full at 65 when others - are having to wait until 67 now

[ In Reply To ..]
I know you can collect early at 62 but full?

Oops - I forgot...see msg

[ In Reply To ..]
I would have to wait until I'm 66 and 6 months; I forgot, because I just plan on starting to collect at 62. We both (hubby and I) decided we should start at 62 with the way the system is.

We started retirement planning when we were in our late 20's, and it has paid off.

2 years. I will be 40 and don't want this for the rest of my life... - clb

[ In Reply To ..]
I've been actively applying to all medical and nonmedical jobs I can (to no avail) but my goal is to out of MT for good by 12-31-14. I will keep chugging along and putting up with it I guess until I either get a new job and can finally quit or I get fired. Only been an MT since 2008 but been trying to get out since 2012 because it's been bad since day 1. IDK how the rest of you "lifers" did it this long. God Bless You.

Us "Lifers" - Had it good at first

[ In Reply To ..]
I did it for 14 years, having started in the late 1990s.

In in the beginning it was wonderful, even working for "the big" MTSO. I was making $42K in my jammies and there was no VR at the time. There was "threat" of VR, but many of us were under the impression that we could still make money editing it, so we hung on even when VR came out. Even then, it was only clinic, easy docs they put on it. I was strictly acute care at the time, and they wisely didn't put acute care on VR at the time, so I was still riding a high game without having to edit. Gradually, they threw everything on VR and it just went horribly sour after that.

So, we "lifers" really had it good at first, and what we also had was more hope. We never imagined they would put this sort of crud on VR, and if they did, they would pay us well to fix the mess.

So, it wasn't the VR, it was basically the serious pay cut to edit the crud, which also didn't happen at first in a big way. I seriously do believe we had more hope than you all "newbies" do, which was part of what kept us hanging in there. We never imagined that with our skill, knowledge and experience, that they would cut our pay. Just did not seem possible.

You rightfully are correct in realizing there is "no hope."

I started preaching here in probably 2008 to NOT go into this business. Many others started preaching earlier.

I wish I saw ur post back in 2008 and saved myself the hassle... - clb

[ In Reply To ..]
I heard about VR back in 2006 or so when I was still in school for MT. I didn't believe it. I was all like "la la la I can't hear you" with my fingers in my ears. I guess the biggest disappointment for myself is that I left a great job to be an at-home MT with all these expectations in my head and they never panned out, financial, career, or family wise. I just hope that the big N doesn't buy up Amphion like I've been hearing because then it will be even worse. I'd gladly work at the grocery store over this. The only thing keeping me in this job (before I can quit to go to a better one when I do find one) is I need the insurance badly. Pretty sad that I'm so loyal just for the insurance because I need prescription coverage. Oh, how I wish I had what you lifers had many years ago. It sounded wonderful. :-)
Lifer Lady - see msg
[ In Reply To ..]
I'm the one who just wrote about being a "lifer."

It was sooo wonderful. I could not have been happier. I cried a lot of tears over the blood and guts I put into this, only to have it crash down upon me.

As I was wanting to say, it's not the VR, per se---it's what the MTSOs did to us because of it. I'd still be there if I was making the 42K working from home, despite editing the crud. I can't say I'd be as happy editing (I adore straight transcribing), but I certainly wouldn't have quit if my pay had not gotten cut so drastically.

So, in the end, I don't blame VR--I blame the MTSOs for making us peon slaves to edit it.

14 years and that is a lifer? I have now done - this for over 40 years

[ In Reply To ..]
I never even knew about MTSOs until the early 2000s, worked in house since I first started. This job has paid me well in the past and now am not counting on just this alone to see me thru. I will say this, I don't mind VR and ours is darn near perfect these days, I would say in the 90 sometime percent range with all, and no one is culled from being on there. I believe one of these days this job will be obsolete though but it's called progress.
My Point Was... - Lifer Lady
[ In Reply To ..]
That this wasn't always bad, even as "recent" as 14 years ago, if you prefer that wording. The OP couldn't imagine how anyone could be in this business any longer than a couple of years.

Not sure what type of MT'ing you are doing, but I'm thinking not the acute care that the MTSOs are putting the docs on. You can't put hundreds of doctors in a given hospital on the system and expect anything but a big mess. You also can't expect hundreds of MTs fixing the mess, and still expect VR to learn it.

I can only assume you have all good dictators, perhaps in a clinic or small section of a hospital

Been out since spring - office girl

[ In Reply To ..]
As I was losing my local accounts a few years back, my friend who installed the voice software at the hospital told me in 10 years we would be out of a job. The MTSO I went to work for lost a big account in 2012, and then decided to ask us to pay them so much a month to work for them (to cover expenses/insurance). That was enough for me. I work in an office now and enjoy the company and the benefits, especially the taxes taken out of my check. Good luck to those who are still typing.

Roughly 3 years if it lasts that long - sm - sm

[ In Reply To ..]
I'm going to be going back to school in the fall of 2014 for a 2-year degree. I'm in my late 40s and never saw myself going back to school again.

Worst case scenario as early as 26 months - sm

[ In Reply To ..]
till I can draw survivor benefit from deceased hubs, 56 months to draw off ex at 62 and defer my own until I'm 70. It will depend on how the work situation shakes out. I would like to get my house paid off before I retire so I don't have to worry about losing it. I will be able to quit one of my jobs next December when my car is paid off.

staying till I can't anymore - age 55

[ In Reply To ..]
Right this minute my situation is not terrible so I'm staying till the race is run and then I hope by that point to have come into my inheritance and I won't have to work anymore.

Waiting - Carried away

[ In Reply To ..]
Until I find a rich man to come and carry me away.....Richard Gere style. LOL!!

I got out 2 weeks ago. - Maggie May

[ In Reply To ..]
I start a new job on Monday. Office work. Over $13/hour, which is more than I ever made at MT. Plus paid holidays, sick days, benefits, the whole shebang. Best Xmas present I've ever gotten!

CONGRATS Maggie. I been gone 9 months. - Happy for you.

[ In Reply To ..]

Outta here in 3 years - LB

[ In Reply To ..]
I am counting down the 36+ months I have before early retirement. I am just hoping that the MTSOs I work for now are still in business, that I can find more work somewhere else if they do crash and burn and that nobody has the bright idea of raising the early retirement age.

I have been an MT for 25+ years and I have seen it go through so many changes, some good, but some horrible.

I'm too old for a new career, and just planning on retiring at age 62 and then finding some easy part-time work just to keep me busy.

Editors will be needed until (sm) - The other Rose

[ In Reply To ..]
Editors will be needed until they incorporate dictation into the med school curriculum. Dictation has always been thought of as so simple that no training is needed. That's because there are brains on the other end (MT/Editors)to catch all the mistakes that technology can't without a brain. If they got rid of us now, they have to pay someone an hourly rate to:

Find out which doctor to send the cc to, look up MD names to check spelling, check previous notes to see if he really meant the man was on estrogen, correct errors, omit the telephone call regarding a different patient the patient's record, reformat what they didn't dictate as a heading, correct other format errors, correct grammar, correct demographic errors and get the dictation onto the right record, proof read and correct all errors and I could go on and on and on.

Doctors don't think of these things we do because is happens silently in the background and they don't see the erros created with VR. Just as they were conned by the VR developers, they will continue to be conned that they don't need editors. I cannot see our complete demise until doctors realize that there are correct and incorrect ways to dictate and if they choose not to learn how to do it correctly, they have to pay the price with an in-house hourly paid worker to do everything we do to avoid total chaos.

VR has about the same capabilities today as it did decades ago. Only 20% of doctors who purchased it didn't return, and out of those 20% there were few who ended up actually using it. It has been forced upon them today. Unfortunately the powers that be need to live without something to learn it's value and I think that is what will happen with our jobs. The side that still has editors will learn what is happening with those who fired their editors and hopefully come to the realization that they need us.

That is not how it works - Informaticist

[ In Reply To ..]
You are describing the situation you have now, where you work, using SR, and you assume that the same scenario will continue in the future. In other words, you think that doctors will dictate into systems that store the dictation, run it through SR offsite at a later time, send it to an editor to fix up, send it back to the facility, have someone hunt up the right record, etc.

You are also assuming that every facility allows CCs to be sent, requiring someone to look up names, and that they obsess about formatting and punctuation.

You don't understand that what you have now is not the same as front-end SR. Big difference. With front-end SR, the dictation is not sent out or delayed. It is done as the doctor speaks. He does it IN the patient's record. He sees what he is getting and ... rather remarkably ... adjusts his dictation habits, fixes the errors, and both he and the SR software learn. The system is trained TO HIM INDIVIDUALLY, not to thousands, so it does a lot better.

We have never allowed CCs to be dictated or sent. No one ever looked up spellings of doctors' names.
No one ever looked in past records to see if anyone was on estrogen because they never had access to it.

I have said this before, but no one listens. We never had over-functioning MTs who saved the dictation day, so we don't aspire to that level of service. You will find that the cost of those over-functioning MTs is more than medical care can bear and that facilities quickly determine that concierge-level MT services are not necessary.

We have front-end SR, templates, and keyboards, and our doctors use them. We have no MTs and no "editors."

And, no, I am not a SR salesperson. I work with an EHR that has FESR.

Really, you should find another career. The future is already here. There are no MTs in it and all the things you think will keep you in business are absolutely unnecessary.




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