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

Need help-starting up own MT business-advice appreciated - Sarah

Posted: Jan 04, 2010

I am starting up my own MT business and have been in the process for about six months now. I just do not want to get it up and running and realize that I forgot something or messed up somewhere down the line. My main concern is the new HITECH Act that goes into effect in February. I plan on having a couple of girls working for me from their homes and I am just confused on the exact rules and regulations that coincide wtih this new act.

Also, I need advice on the best way to obtain new accounts. I have thought about sending out brochures but I am not quite sure what to put in them. I have been advised not to purchase a program yet and to wait to see what that account holder would like and then purchase one. I have looked at two and the price difference is incredible and it all just depends on the account holder's preference (800 number, electronically docking...etc).

Any help at all would be greatly appreciated! I really would like to get this business underway as soon as possible. Thank you so much!

business - sm

[ In Reply To ..]
I have my own IC business with 3 helper MTs. The main thing to keep in check is 1) HIPPA regulations and 2)Tax matters for your business.

I never did brochures or yellow page ads. I was listed in the business pages of my local phone book, county phone book and then also listed in the two next biggest towns around where I live. I did have to pay to be listed in some of the books, but it was fairly cheep compared to other advertising modes. Doing this plus going in personally to medical facilities and talking with the manager has given me the best response in obtaining accounts.

Also, I do not have an 800 number or any system setup for docs to call in and dictate on. I only do accounts that offer their own electronic dictation system that I can use to receive/submit the work on, which is most hospitals have already. I also do cassettes, which I have found is the preferred method for most of the non-hospital facilities in my area.

So, before putting out a lot of money into an 800 number or professional brochures or your own electronic dictation system, I'd make sure the demand would be there for that kind of investment first. A lot of times the simpler the better.

Good Luck!!

own business - Ejt

[ In Reply To ..]
I also have my own business. I work along and do cassettes and doctor's notes, very simple. I only posted my resume on MTStars. Also, 11 years ago my dear husband called 100 doctors and we got 2 accounts, both cassettes. The one account since moved out of state, but was very nasty.

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