A community of 30,000 US Transcriptionist serving Medical Transcription Industry
After having been an MT for over half of my life and constantly reading these forums and realizing the shortcomings we are all facing in this industry, I'm taking the plunge.
Yesterday my husband and I bought 2 domain names, ordered 500 business cards, my husband is researching MT salaries nationwide, and we're going to start our own MTSO. An MTSO run by HUMAN BEINGS for HUMAN BEINGS. A small one, we're looking at probably 20 or less ICs to ensure ample work for everyone. We already have 2 FT'ers already wanting to sign on as soon as we're up and running and a third person who wishes to be on board part-time.
I'm compiling a list of things I loved about certain employers and things which I found unacceptable. I also told my husband I wanted some type of incentive program for the "highest producer of the month" (a small monetary bonus), as well as just monthly "token" gifts, MT related, whether it's a top-of-the-line hand creme, a customized mousepad with the ICs favorite picture (which the MT would provide), or even a Starbucks card. SOMETHING to show the ICs every month just how much they are appreciated.
I've started my list of contacts and am going to concentrate on those physicians who have small, 1-4 MDs on staff and are not taking kindly to voice recognition and prefer good-fashioned dictation and transcription. No VR. Most assuredly NO offshoring. In fact, the back of my business card clearly states my EIN # and "ALL SERVICES PROUDLY PROVIDED IN THE UNITED STATES OF AMERICA."
I figure within 12-18 months, I should have an internet-based platform in place, all my ICs ready to go, an accounting software/linecounting program, and hopefully enough word of mouth from satisfied physicians that we'll either have to hire more ICs or turn work away.
I'm excited beyond words. And when the time comes, you can rest assured I'll be placing an ad on MTStars and snapping up some of you highly-qualified MTs to come on board our team, where you'll not only be paid fairly but you'll also never feel like a number.
I may not be able to change the state of affairs of medical transcription, but with a little practicality and a lot of determination (and a whole lot of experience behind me plus my husband's bookkeeping skills), I have no doubt we can make this a "go."
Wish us luck with our venture. We've had more than a few sleepless nights already brainstorming and loving every second of it, LOL!
Do you have a name for your company already? Want to keep an eye out for it when you are ready to hire in six months. Will keep our fingers crossed and say a prayer for your success.
Good Luck. Wish you the best.