A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Nuance Bought OSI - OMG
Posted: Sep 23, 2010
Just found out Nuance bought OSI. Can anyone with experience with this tell me what to expect. Should I be worried about major changes coming?
When one company buys another, it is never good - for the MT, especially the BUYEE!
[ In Reply To ..]
I wouldn't jump ship just yet, but would definitely start looking for another place to work. My own experience (and that of others here, as well) is that things go okay for the first few months. Then, they gradually begin to eliminate the MTs that came with the company they bought. (They only wanted the accounts in that company, NOT the MTs that came with it). They probably won't just lay MTs off, (though some have in the past). Instead, you may get a paycut, especially if your current company paid more than the buying company does. Or, the work pipeline will just start to dry up, forcing you to quit.
If you need every cent you earn, and can't afford to play little corporte buyout games, my advice would be to keep one foot in the door for now, but to start looking for something better.
The most usual scenario in any buyout in any industryis - Pragmatist
[ In Reply To ..]
to promise no changes, than make them. But, hey, maybe this time everyone'll be needed. It happens. Both feet on the floor as usual at work, just with the old resume located and ready to freshen up so you can sleep well.
So that is Focus Infomatics right? - Focus/Nuance same company
Can you confirm? (sm) - Interviewing with OSI tomorrow.
[ In Reply To ..]
Can you confirm where you found this out, as there is nothing I have been able to find on the internet. I have an interview with OSI tomorrow and I'd really like to know ahead of time.
I work there - OMG
[ In Reply To ..]
We were just informed via email today. I don't want to discourage you from working there. It's a great company from my experience so far. But I'm just a little concerned about this. All I have heard about Nuance is that they are India based and I've seen a lot of negative posts about them. Hopefully, I'm just being paranoid.
Nuance = Dragon speech rec software - travelinMT
[ In Reply To ..]
Nuance is the company that developed Dragon Speech recognition software. They are based out of Burlington, MA. not India.
Good - Maybe I just got some wrong info and don't need to worry - OMG
[ In Reply To ..]
I've just never gone through a merger and am worried about potential changes
Nuance owns Focus, Focus = India - New Nuancer too
[ In Reply To ..]
I'm with Encompass, and we were just recently bought by Nuance as well. They seem to be in a very 'acquistional' mode recently, don't they?
Don't know what to tell you, still on pins & needles myself. We were assured that they wanted to make as few changes as possible, and all production employees seemed to be safe. Recently found out that practically all managerial types have stayed in their same positions as well, so I am hopeful that they really are trying to keep things as status quo as possible. Might even work out to be an improvement in terms of health insurance eventually, according to my supe. No idea what might eventually happen to pay/incentives/etc., though.
Oh, and fwiw, one of the reasons I chose Encompass... - New Nuancer
[ In Reply To ..]
is because they were U.S.-based-only, no offshoring, so that aspect of the acquisition was quite disappointing to me.
I'm now pretty much resigned to the fact that wherever you go, the likelihood of having your company be bought up by an offshoring entity or just start offshoring on their own is just a very ugly part of the nature of the beast of this profession now that I can't afford to make a special effort to avoid anymore. Frying pan/fire, yadda-yadda. :(
A-yep, that's just what I said above. - New Nuancer
[ In Reply To ..]
That my company, Encompass, was just recently bought out by Nuance too.
If you continue to say OMG about everything, you may make a poor impression - Just my own opinion
[ In Reply To ..]
It sounds 'Valley Girl' in a very bad way. Another way to put it is, it makes all your messages sound like you are in a 'deer-in-headlights' panic.
I know, I don't have to read your messages. You are right about that.
I wasn't saying OMG about every message - - OMG
[ In Reply To ..]
I just kept using that because I had identified myself that way initially - I really can't believe you took the time to comment about that - I just wanted some information about my situation - Sheesh!
Hey OMG! Looks like she could use some Midol! OMG! :) sm - OMG2
[ In Reply To ..]
I think your OMG is very positive and upbeat! Just my peanuts' worth.
Not everyone is offended by it spiritually speaking, but Valley Girlism went out of style years ago - It is a little outdated and immature
[ In Reply To ..]
It's outdated, immature, and offensive, but it also let us know a little about the person who uses it constantly, so I'm okay with it.
Actually, if you know any teenagers or 20-somethings, - "OMG" is not outdated; used constantly!
Why is there always someone picking a fight on here - RE: OSI
[ In Reply To ..]
Someone posts wanting some input and someone else always has to find something to bicker about. It's unnecessary and completely off topic.
Burlington is their US office - Make no mistake, this is an Indian company
[ In Reply To ..]
According to their own website, over half of the company resides outside of the US.
Burlington is their main office - travelinMT
[ In Reply To ..]
"According to their own website, over half of the company resides outside of the US."
Since you read their website, did you happen to notice they have offices in 70 countries? I would be surprised if over 50% of their workforce did not live outside the US. Yes they have two offices in India but that leaves 69 other countries that they have offices in. Their two corporate headquarter offices are in the US and Belgium. I don't think that qualifies them as an Indian company. When I qualify a company as an Indian company they are based in India not in 69 other countries. Nuance may have some transcription interests but that is not surprising considering their main claim to fame is their speech rec. software platform.
OSI - Anonymous
[ In Reply To ..]
I think OSI was Indian owned to begin with. I applied with them once and remember that their testing was a nightmare, being owned by Nuance may be an improvement(?). Nuance owns Focus Infomatics and I think they might own Amphion although I'm unsure about that one. Owning all these companies is the perfect way to get everyone to use Dragon Speak, IMO.
OSi - anon
[ In Reply To ..]
OSi wasn't Indian owned. They did/do outsource some work, but not huge amounts. They are currently a great company to work for, but I just wonder how that will change now. Haven't heard from anyone who currently works for Nuance/Focus, so I'm thinking that might be a bad sign. Nuance says they want to migrate the "brands" together, so everyone is still very unsure right now I think.
I'm freaking out! - anon
[ In Reply To ..]
I too work for OSi and am scared to death as to what this means for our jobs. I have read a lot about most operations being in India, but those were in things from 2007, so I don't know what the story is now. I guess I'll just stay in wait and see mode for now, but I really don't see it being a good thing, as management keeps trying to spin it.
How Things Transition with Nuance? - anon
[ In Reply To ..]
So, can anyone who has gone throught a buyout from Nuance tell their experience of how things went...such as any changes in pay, quotas, accounts, etc?
Nuance bought Encompass recently, too. I heard they are buying all the eScription companies. I bet that Keystrokes gets bought by MQ soon. What the heck is going on with all these companies buying each other? Will there be anyone left? ...
WMX employees are notified we will find out pay adjustments to be made as we blend in with Nuance sometime in November. Sucks... Just at holiday time.
Can you tell us, did they stick it to everyone down to the 8 and 4 cents per line?
We have found out about insurance, but like every other company the insurance is high.
We are just waiting to find out about pay. If they cut people make 9 or 10 cents per line down to 8 there are going to be some ticked off tooties. ...
Transcend employees received notification this morning that Transcend is being bought out by Nuance. Transition expected to happen during the second half of Nuance's fiscal year 2012. Those of you with Nuance - is this a good thing? ...
Everywhere you look it seems like Nuance is buying out companies. They bought out M-tec. Do you think they will continue buying schools as well as companies? ...
Just wondering if there were any warning signs before you were bought out? Or anything unusual happening? The company I work for now hires Nuance to do our audits and had them do HIPAA training for us. Now, I am worried they will be buying the company out. I am probably being paranoid but just wondering. ...
Did I read a post before that mentioned that MQ might be getting bought? Does anyone have any info on that? They were referring to changes being made, and trying to decide whether to stick it out or not.
TIA! ...
I have not seen any postings on the company for a few years. I actually was hired by this company 2 years ago and quit very fast as my first few days were not impressive. Tech support not calling me back, having to keep calling them, trouble with foot pedal not working. Just curious.. ...
Absolutely Petrified....too young for Social Security; too old to change careers. Went through this a few years back and honestly can't go through it again. I don't know how some people sleep at night. ...
Has anybody worked for Alltype (Jerry Kelly) in the past in NJ? Apparently they were bought out by Medquist or M*Modal in 2012. I worked very briefly for Alltype in 2011 and then moved on to brighter horizons, although they reported to the IRS that I earned 4x what is actually on my W2 and according to my bank records. IRS needs me to contact Alltype for verification but they no longer exist (number disconnected)... so what to do? Something is very fishy and the ...
KOLKATA: CBay Systems — a leading healthcare BPO, that services nearly 40% of the US hospital market — is looking to become a $1-billion company and shift nearly half its work to India in the next two years.
******** Transferring work to India is a critical part of the strategy,” said Mr Kumar, one of the founders of the company.
This comes within days of CBay acquiring a bankrupt clinical documentation firm Spheris in the US, which, in turn, has increased CBay’s reve ...
is it when I check on my battery status it says that it is not charging, even though it is plugged in? Any one know how to fix this or what the problem is? TIA. ...
I've sort of been out of the loop for a while at least as far as MQ's acquisitions are concerned. The last I heard was the Spheris takeover of MQ...oh, wait, that's supposed to be the MQ takeover of Spheris, right? Can anyone tell me what other companies have been purchased by MQ? Thanks! ...
working on your accounts from your bought-out company, are you consistently running out of work? We were told things would not change for a while but I'm running out of work all the time. I tried to apply for SUI this morning online but with this particular situation, I could not answer some questions to complete application so I have to go down there, which I am getting ready to do. I don't want to quit but this is getting extremely frustrating punching in and n ...
I know a lot of MT's have been forced into slavery by the Q when their company was bought out. I'm curious, how many of their promises did they live up to? I worked for them over 5 years ago but I'm sure a lot has changed since then (likely for the worse).
I've seen people on these boards saying that their pay was cut, hours/accounts changed, etc. Of course we were promised that none of that will happen! I don't believe it, but I'm curious t ...
was it before you became intwined with all the other MTs regarding working on different accounts, etc. I am wondering how long I have until I need to really find another job. I am so unhappy about the DSG buyout! But I didn't have a say in it! ...
http://www.nashvillepost.com/news/2010/4/15/medquist_to_buy_spheris
The bid by MedQuist (Ticker: MEDQ) and CBay totaled $116 million, including $98 million in cash and about $17.5 million in face value of notes and assumed liabilities. Transcend offered $78.2 million to join the auction, which lasted until about 5:30 a.m. this morning. ...
They so far have changed payroll, but not for ICs. Now they are doing a webinar, but ICs are not included.
I'm thinking they're either going to get rid of ICs, or make us become employees or walk. Anyone have experience with MD-IT buying out the company you work for as an IC? ...
My company is being bought out by Keystrokes. Do any of you currently work for Keystrokes? If so, what do you think about the company? Should I be worried? ...
I am nervous and excited at the same time. It's been a long time since I was an employee, so it will be a change. I have a few friends who went there last year and are very happy, so I am sure it will be a good thing for all of us. The drawback is that I feel too old for change, and I know things will. ...