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

Need info from IC with own accounts ASAP - maybe getting own account

Posted: Jul 12, 2010

I have always been a subcontractor and not a true IC with my own account. I began working in-house 1 year ago. I was approached from someone in the department saying an ER MD was in need of a medical transcriptionist who does work from home.

I don't know the first thing about marketing myself. I have been in the business for 33 years, and the way things are going now, I definitely would like a side job. How do I approach this. I live in the south in Alabama, so don't know what the pay per line for my own accounts. I have always made 9 cpl to 10 cpl as a subcontractor. I already have Word 2007, Stedmans spell checker, USB and Dictaphone foot pedal, reference books, etc. Will I need some type of dictating equipment if he does not have it himself, or what other way can i retrieve his dictation, although at this time, I would consider tapes. I can buy a transcription cassette player/recorder if they are still around. Need advice. As I would like to know a bit information before speaking with him.

ic - tootsie

[ In Reply To ..]
Most docs these days have hand held recorders. He would just need software from that to upload to a site and you would need access to that site to download files. you would need a digital voice player, like ExpressScribe, to play the files with. You already have foot pedal, so that would be all you need to get started. I believe ExpressScribe has a free trial, but not sure. Start N Stop makes a good one, as well, but somewhat costly. I do not live in Alabama either, so really shouldn't comment on payment per line, but the 9 to 10 cpl sounds good to me. Most larger MTSO's charge more than that, and give you a portion of it while they keep the other portion. The doc might actually like paying the 10 cpl as opposed to 13 or 14 to an MTSO. I wish you luck. I am jealous. I would love to have my own account too, rather than working for an MTSO and having to put up with what they deal out. :-)

IC tips - BamaMT

[ In Reply To ..]
The going rate in central Bama is far less than what you want. Many single doc offices don't want to pay more than 7-8 cpl, especially in the more rural areas. Only the larger facilities pay is higher.

If this ER doc has his own digital recorder (like Sony), he probably already has a program to upload it. It would just be a matter of getting it to you. My out-of-state doc sends it to me by email. We both use MPTools to encrypt email transmissions, and it is really cheap.

You probably don't need to market yourself that much. He will probably let you know what he wants to pay based on what he has paid in the past, and you can accept or counter offer based on things like how much work is templated, what extra services he needs (delivery/pickup if necessary), look up of full PCP names and addresses, etc. BTW, don't ever expect a raise. If you get one, great; just don't expect it.

Know your worth - GetItNow

[ In Reply To ..]
If you're already being paid 9-10 CPL as a subcontractor, do not - I repeat - do not accept less than what you are currently making. The problem now with maintaining adequate pay for MTs is too many are undercutting their worth because they think they're going after the money. If you're making 10 CPL currently, I would at least propose 12 CPL and negotiate, but do not accept less. Otherwise, it is not worth your time because you do have to consider the taxes you will have to pay as an independent contractor as well as other expenses. Don't sell yourself short. Rule of thumb: MTs are "supposed" to make at least 3/4 of the MTSO's CPL. Good luck.

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