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

I think the numbers speak for themselves. sm - Just Sayin

Posted: Apr 07, 2011

I just put some things together that are enlightening. MQ/Spheris has 12,000 MT's in the U.S., not counting those overseas. Transcend has 5,000 MT's in the U.S. and another 1500 in India. Webmedx has 1200 MT's. KeyStrokes has 600 MT's. TT has 200 MT's. Softscript has 200 MTs. NEMT has 200 MT's. Transolutions, or whatever they are called now, has 300 MT's. Medware, again not sure what their new name is, has 300 MT's. That totals 21,700 MT's in the U.S., just with 9 companies. There are probably at least that working at the smaller companies. So, let's go with 40,000 for a round number. OBVIOUSLY SOME MUST BE VERY HAPPY OR THESE COMPANIES WOULD BE OUT OF BUSINESS!

This website has gone from being very helpful and a great resource to being a joke with both the over-the-top negative people and the over-the-top positve people. How about all the MT's who are just happy? If all those companies, or even one of those companies, was as bad as they are made out to be, they would not be in business.

Just sayin'

LOL! So there are NO UNHAPPY EMPLOYEES anywhere?! - Realist

[ In Reply To ..]
So, just because someone has a job then they must LOVE it, right!? You have never heard of miserable people staying in a job they hate because they have children depending upon them, car notes to pay, a house note, etc.?

ESPECIALLY in this crappy economy most people will take WHATEVER THEY CAN GET. I know that I am doing that even though in the past I could afford to be VERY choosy.

You really need to get out more.

SoftScript has way more than 200 MTs. nm - Justme

[ In Reply To ..]
x

Your "logic" is a little scary... - ME

[ In Reply To ..]
Seriously did you read your post before you clicked 'submit'?

Was your main intent to complain about the types of posts now versus 'before' ?

Beg to differ but Transolutions has way, way LESS than 300 MTs - TSMT

[ In Reply To ..]
Back in the day they had that many but as far as I know for the past years they have had half that figure or less. Don't know where you got that figure from but I definitely know it is very incorrect.

doubt it is an up-to-date analysis, but no info was given so movin' on. - pishposh

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JustSain' Who Are You? Data input? - ATT

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Common sense sometimes has to be involved in statistics, no? Where did these numbers come from? Then to make a loose statement that people must be happy?? Does that mean that all the unemployed people are happy too? Since you are a sensus bureau, then how many transcriptionsists have quit these services in the past say 1 year, and let's see the turnover too and how many have quit in 1 week and how many in 1 day--to be fair in your loose assumption of your "happiness" assessment. There are how many people in the Middle East and there are people in Cuba and communist countries, does that mean they are happy too? Good thing we have the freedom to disagree and look at things differently and some people USE criticism to make things better for others. Sharing our livelihood disappointments on this website is albeit somewhat healthy. Everyone gave a lot to this profession and just expect a 'comfortable' living and existence. The truth about the job is what it is for a lot of people and we need to know we are not alone. We work and to support or families. Some of us have done this job for years and it is very hard to start over, and espespecially now. Doesn't mean that we love what has happened to transcription just because we put up with something we cannot control. Glad you have the time to collect unfounded statistics and still can get a 2000 linecount a day with 98% error rate and for 4 cents a line!! Who wouldn't be happy in America with all that????

I am an active MT on that list, doesn't necessarily mean I'm 'happy.' - willworkforfood NM

[ In Reply To ..]
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MQ does not have 12,000 US MTs - crazy talk

[ In Reply To ..]
Maybe back in 1999, but not now!

If we have 2000 MTs in the US, I would be shocked. The rest are in India!

Your MQ figures are so way off it's funny! I suppose you think - you have all correct figures here?

[ In Reply To ..]
Obviously, companies are retaining enough MTs to continue business. That does not mean they are happy nor satisfied nor on a constant merry-go-round of incoming/outgoing. It just means they are maintaining enough MTs.

Not every company is for every MT and vice versa. However, the industry, as a whole, is in such a decline for the MT it is shocking.

Just sayin' back at ya.

I agree - the number of employees a company has does... - ndmt

[ In Reply To ..]
not reflect the "degree of happiness" of its employees. There are many things not taken into consideration:

1. MQ is a newbie company. They may indeed have 10,000 employees but they chew up & spit out a new crop of transcriptionists in 3 months or less. Many of these new graduates will never touch another keyboard after the Q (my daughter sure won't.) So while all the graduates who started an MT program in college 2 or 3 years ago may get a job, it's hard to say how many will stay. It is significant that many colleges are now dropping their MT programs.

2. Many of the newbies coming in to the profession will move on from their starter company and apply at others. They will move around as they gain more experience trying to find a company that will pay them more than minimum wage (thus creating the revolving door mentioned in the post above). However, many will again leave the market for better prospects.

3. Many mid-level MTs, those who have invested years in the business, work more than 1 job to make ends meet. This artificially boosts the number of employees in the example. Having to work 2 jobs is not an indication of happiness, and again, you will now have mid-level MT exploring options for further education or better employement opportunities leaveing the field.

4. Those MTs who are ready to retire are hanging on until their magic day electing to deal with the industry downturn. This goes without saying, but then again you have more MTs leaving the industry. Again, nothing to do with happiness factor.

5. The number of employees at any given company does not equal MTs. There are lots of people at these companies with bloated salaries and 9 to 5 jobs who are happy as heck, just not necessarily MTs. However, with the mass exodus from the MT field that is coming, these people will also have to leave and seek new work.

I just see an industry in decline.

Millions of people work in sweat shops. - Happy Happy

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