Interesting article on Spheris buyout.

I am a current employee of Spheris and was wondering what kind of health insurance does Medquist offer? If you could give details that would be great. ...

http://health-information.advanceweb.com/Article/VBC-Compensation-for-MTs.aspx Read the comments too. The second one is on point! ...

This just basically proves that it still takes a human to do what a computer can't do... ...

found this interesting and encouraging... ...

http://www.nytimes.com/2012/09/22/business/medicare-billing-rises-at-hospitals-with-electronic-records.html?smid=pl-share Please read! ...

http://www.faqs.org/sec-filings/110316/MEDQUIST-INC_10-K/ ...

http://www.dailymail.co.uk/news/article-1226934/Indian-police-arrest-company-boss-accused-selling-medical-records-British-patients.html ...

I was reading an email about current trends in the industry and it talked about Nuance's acquisition of Transcend and how Nuance had acquired 43 companies since being in business, gaining some of those acquisitions by bullying competitors with lawsuits and then buying them out. Then I stumbled across this article on Bloomberg Businessweek. It's a little dated (May 2011) but quite interesting, especially the quote from the Dave Grannan, CEO of Vlingo: "Competing with Nuance is like havi ...

It was from a 2011 article on SR ... the comments are being made by Lynn Kosegi from M*Modal: Someone else who has been very eloquently making the same case for a while is Lynn Kosegi of M*Modal. Lynn presented at AHDI Florida twice last year, at our technology workshop and at our annual meeting, and she explained that paying speech rec editors at 50% the line rate effectively punishes the best producers and those producers will ultimately be lost to the profession, replaced by transcription di ...

"Wow, the rates have gone down! Only $8-$10 per hour for these folks? Thatâ��s great! Minimum wage in Oregon is currently $8.40 per hour. That means that I can get someone smart enough to learn medical terminology (the average medical studentâ��s vocabulary doubles over four years of medical school), operate an EMR (every one is different, and most all of them are hideously complex), listen carefully (a rare commodity in itself), type quickly (remember, the average follow-up visit only las ...

From Health Care IT News - February 2014. Interview with an ER doctor about using scribes in the ER and the process of documenting/entering information. http://www.healthcareitnews.com/blog/medical-scribes-history-present-illness-now-narrative ...

Personally, I think it would be great if we had TV commercials or radio commercials showing the impact and decline of the accuracy of patients' medical records and the starving of US MTs to death by greedy MTSOs offshoring to other countries. http://www.ahdilounge.org/index.php/2014/06/is-it-time-to-take-to-the-streets/ ...

From Boston Biz Journal http://www.bizjournals.com/boston/blog/health-care/2014/10/apps-the-next-frontier-to-the-electronic-medical.html?page=all ...

I came across this today when I was searching info on medical transcription. I found it interesting when it said offshoring was once popular in the 90s... http://www.ahdpg.com/calling-all-transcriptionists-the-world-needs-you/ ...

See especially the paragraph about driving down wages and controlling hiring. This reminds me of MM and N's recent calling of ex-employees, and the recent post about the ex-employee being BULLIED (the post is on the board here). ...

Although this article dates back to March, I found it interesting. Had no idea that Nuance and MQ (M*Modal) only had 20% of the transcription business when this was written in March, 2012. http://seekingalpha.com/article/408141-can-transcend-services-write-its-own-ticket ...

Hmmmmmm...I think I'll pass on trying to become a scribe. I don't think I could do what this scribe is asked to do. ...

Having paid too much you can be assured their will be layoffs a plenty in about 6 mos time. ...

HOT OFF THE PRESS SEE BELOW Transcend Submits Bid to Acquire Spheris ATLANTA, Apr 09, 2010 (BUSINESS WIRE) -- TRANSCEND SERVICES, INC. /quotes/comstock/15*!trcr/quotes/nls/trcr (TRCR 17.43, +0.13, +0.75%) , the third largest provider of medical transcription services to the U.S. healthcare market, announced today that it has submitted a bid to acquire substantially all of the assets of Nashville, Tennessee-based Spheris, Inc. and the stock of ...

A question for you previous buyout MTs. How long is it usually when Nuance buys out a company and the official switchover is made before Nuance changes the platform? ...

In past months I have read on this board, with dismay, so many posts about long-time MQ MTs/MEs failing consecutive audits, and eventually being discharged. I think it is a major coincidence that so many employees are suddenly and consistently failing to meet the same quality standards they always met. I think it’s a flimsy contrivance to get rid of the more highly paid employees and replace them with cheaper newbies while avoiding an age discrimination actions because those higher-paid pe ...

Speaking of changes. Ba-Ba-Big Ch-Ch-Changes are coming. CBay is trying to buy 100% of MQ. Check out article at: http://investing.businessweek.com/research/stocks/news/news.asp?ticker=MEDQ:US Other articles of interest there also. Basically reads: Management Led Buyout of MedQuist Causes Shareholder Claim Investigation by Goldfarb Branham Law Firm LLP DALLAS--(BUSINESS WIRE)--Feb. 7, 2011-- Goldfarb Branham LLP is investigating whether the Board of Directors of Medqui ...

The hospital I work for went with an MTSO that doesn't offshore last year. They were adamant about not using one that did. After many months, they are still not on the MTSO's platform but now the MTSO has been bought out by a company that does offshore. No one is getting any information regarding what is going on. If the client you are working for did not want to go off shore and the MTSO they are using was bought out by one that does, did the cli ...

Thanks Webmedx for selling out and now keep us waiting for what seems a million years to hear about our job security, our pay, our PTO, our 401k, and on and on. Just wish they thought this out first and kept us informed instead of their usual secrecy on the whole issue. We were notifed right before the July 4 holiday, we would hear soon and well no news......I for one am not very productive as I am up and down popping ulcer remedies in my mouth wondering what is happening..... ...

How will a hospital or clinic, who did not solicit MM for business, but were part of a buyout, work with MM? I don't understand? I doubt the clinics and hospitals will accept any electronic change from MM, they have their own and working fine. Is there something I am missing here? Usually folks solicit work from MM, but this is just the opposite, almost MM steppin' into the shoes of working with an acquired client who was not part of any negotiation, and may be resentful of even change ...

I do not believe there is a buyout, but maybe these facts can shed some light. Take a look at the com pg at the 3rd shift or which ever shift is working around 2 or 3 AM. Lots of work in lots of accounts, but almost all gone when the regular day shift comes on in the morning. As I recall some time back Webmedx was hiring MTs for their so-called SWAT team and it was for those late night shifts. I believe the job was advertised as $19.00 per hour for outside (new hires) and as I recall for ...

Okay, everybody breathe! It will be okay. They didn't close the doors so we still have jobs. I know the posts are very negative about Medquist, but they have a lot of people working for them who stay working for them. There must be something positive about medquist. Does anyone have anything POSITIVE to say about Mediquist? ...

The ugly squid has reared its head again! MQ acquired Alltype as of 9/1/11 and then proceeded to ship every single AT account and ALL work to India. I know this for a fact. Guess what, surprise surprise, we all got pink slips yesterday!!!!! Run for your life if you work for a company that gets bought out by MQ-the suits at MQ are unscrupulous and greedy! ...

Interesting article on Spheris buyout. - mom2huskies

Wow! - kv

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