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

Has anyone else heard this? sm - Concerned

Posted: Dec 03, 2009

I just heard that the 2 largest MTSOs in the world are approaching virtually every large to medium-sized hospital and medical center in the country with an offer for 10 cpl for transcription. I'm not even sure who the 2 largest are, but I'm pretty sure one of them is CBay and both are offshore companies to be able to offer that rate. This is really concerning because this could lower the rates for U.S. MTs even MORE or could literally put all U.S. companies out of business. Can you imagine all of us ending up working for Cbay or another Indian company?

Isn't this price fixing??

Where does this information come from? - Fingers

[ In Reply To ..]
What source of information does this come from that we may refer to? If true and effective, it is concerning. However, wouldn't all major MTSOs try to contact all major medical facilities for their business anyway? So what is different? More concerning would be if they bought up existing MT companies and the business they currently hold.

I lost an account to CBay a couple of years ago. I had worked in the medical firm for years and then worked for the service that they hired. When they switched to CBay, I was already employed by the other service, had benefits, PTO, etc. I really did not want to leave the company just to continue on that account but it did not matter anyway because, for the most part, CBay does not hire U.S. MTs, so I was told.

Funny thing is, after 8 months of the medical office using CBay, they begged me to come back to the office. How was I to know they would not pull the rug from under me again? I was making $15 an hour in their office, but was then making $25 per hour at home with another MTSO.

The stories I heard from the girls in the office about the work received from CBay was horrible. They finally realized, you get what you pay for. Last I heard, they were still looking for someone besides CBay to transcribe their work and I am sure they were willing to pay more.

Similar experience. - MT88

[ In Reply To ..]
Years ago I worked for a couple months as an (hourly pay) editor for them. The work coming back from India had been transcribed mainly by Indian doctors and had been through QA there but it was still so ridden with errors that I almost never had time to correct it all while maintaining their required line quota. One client sent back a whole week's worth of transcription to be redone. At that point I moved on.

I also had this experience with having to correct work done by, sm - outside of the US

[ In Reply To ..]
It was just terrible. They finally just told me to retype the reports and they would pay me extra for them. There were so many off the wall things in those reports, I couldn't understand how a trained professional could have even type some of that stuff.

Go to Offshore Concerns board and read about pirating of --sm - mte

[ In Reply To ..]
medical records in India. I don't think we are going to have to put up with this much longer after this has happened.

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