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What licenses do I need to start a medical transcriptionist company from home? - Mel

Posted: Jan 06, 2012

I am interested in starting a small transcription company in my hometown. I will be advertising to the doctors in my town. I was told to check with my local City Hall. I have been transcribing for 12 years for a local hospital, but I am interested in venturing out on my own. Thanks in advance for the advice.

Mel

If you take advice from the people on this board, you might as well... - Disgusted

[ In Reply To ..]
close your doors and go out of business before you even get started. I would recommend you call your local Small Business Administration office. They usually have a mentor type program with retired business people who can answer these questions for you. Good luck!

check with local SBA for info. - anon

[ In Reply To ..]
Several types of licences for any given business depending on your plan of operation. They'll help you out, especially with the process in your particular city, state.

Thanks for the advice. - Mel

[ In Reply To ..]
I will be working alone. I got in contact with the IRS and now have my EIN (Employee identification number). Next, I will be going to City Hall for my business license. I am starting the process slowly, but will be hopeful. I plan on getting local clients. I already have one. I pray this adventure works out. I just have to apply the courage. Thanks again.

Happy for you - good luck and happy typing! you'll do fine. - one, two docs all you need really. sm

[ In Reply To ..]
and now you get a ship-load of deductions, too!

Well... - JT

[ In Reply To ..]
Well, we're not supposed to be naysayers here, so I won't do that. Will give you some things to think about, though, in addition to licenses. That part you'll need to research to cover yourself for all the T's are crossed, and I's dotted. Get an attorney during the process of setting up.

If you have onsight MTs, obviously you will need liability insurance in case someone gets hurt. Some MTs try to sue for carpal tunnel syndrome, too.

If you are hiring MTs as employees, you would be required to follow all the rules about handicapped, hearing impaired, blind, etc., so that you don't get sued for discrimination for not hiring. And then there's HIPPA, so you'd have to be really up on those laws in terms of how your computers are set up, reports are filed, discarded, etc.

I think this is an enterprising idea, but perhaps a bit outdated.

Depends on your county. - anon

[ In Reply To ..]
that is what we found anyway.

Mel - Old Pro

[ In Reply To ..]
One thing you might also want to do is to contact the nearest office of SCORE. It is made up of retired business executives who give their time (free of charge) to help people starting small businesses. I do not know where you are, but SCORE is very active in California. Sometimes just talking with people who have actually owned a business will help a lot. I was helped a lot by going to classes (free) by local associations for woman in business. Of course, I was in a big city that had all of these things. But I am betting SCORE could match you with someone, even if only for a phone conference. Good luck on your new venture!

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