With the TT merger, M*Modal bankruptcy, and OTI with no work, nm - Looks like Patient Fist may be a good choice

Wall Street Journal M*Modal Preparing to File for Bankruptcy Wall Street Journal M*Modal is in discussions with its creditors on a prearranged restructuring plan that would streamline its trip through bankruptcy court, these people ... ...

So now Medquist and M*Modal are merging. Wonder what this is going to mean for all of us working for companies that utilize M*Modal. Now I understand why WMX sold out to Nuance. Seems to me no one wants to hire Medquist because of their terrible quality so now they are swallowing up competitors platforms and bullying their way into accounts. They have already stopped allowing other companies to use their DocQScribe platform. Interested to know anyone else's thoughts. ...

http://online.wsj.com/news/articles/SB10001424052702303369904579425691066660768?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303369904579425691066660768.html ...

Not to stomp on someone when they are down....but WOW! You mean with all the outsourcing and cutting pay, you STILL cannot pay your bills M-Modal??? I was really surprised to see this in the mail today. Almost threw it away when I saw it because it looked like junk mail. Glad I didn't. Unbelievable. But I imagine they are not filing Chpt 13, just getting a fresh start. Best of luck to all my former sister and brother MTs there! Wow!!! ...

Just got an e-mail from Glassdoor about "new jobs for medical transcription" and the first one in the list is M-Modal for acute care MT 3 days ago. How could they do this if they have filed for bankruptcy? Or is this just an automated posting for new MTs? ...

Im an analyst who is following the bankruptcy of Mmodal and am trying to understand the company better on both the transcription and ASR side. I have read that on the transcription side, many of you have seen pay cuts, lower task volumes, increased quality standards and/or outsourcing of jobs. If anyone has the time, would you mind sharing with me when this transition first started? Has it been 5yrs, 3yrs, 1yr, or only in the last few months that things have gotten more difficult for ...

Does anyone know why I am receiving notifications of this process when I no longer work for the company? Are past employees filing claims against the company? If so, for what exactly? It appears to be a reorganization of the company and not a dissolution, which is good for those still there. Just curious about what's going on. Thanks! ...

It's been my experience that when there's a deluge of work all at once to be finished up, it's because the hospital/company is about to switch gears, with the MT suffering the most. I'm not financial savvy, but I wonder if this latest MOT stuff is related to the recent bankruptcy, that possibly the reserve money to pay the MTs is running out, so the company is about to go under or sell out. Something's up for sure. ...

Today I received 2 letters advising of Spheris bankruptcy. I want to know if this went out to all employees and ex-employees (like me). Anyone know why we got these letters? thanks ...

Gonna lose the car. Thank God I work at home, but it still sucks. ...

http://www.healthcareitnews.com/news/mmodal-files-bankruptcy-protection?topic=76,02,08 ...

Got mail entitled "IMPORTANT LEGAL DOCUMENTS ENCLOSED", and its the legal filings and info on the Chapter 11, as if we, the employees, are creditors??? That makes me WAY WAY NERVOUS, as if I wasn't nervous already. Any thoughts? I flinched at the email that brought up we "would be paid". Now I'm freaked. Been with companies before that went BK and NEVER was included in the legal papers. ...

I also just received the notice of the MModal bankruptcy. What I'm worried about are the words, "A discharge means that you are barred from attempting to collect your debt from the Debtors..." Does that mean they won't have to pay us what we worked for once the bankruptcy goes through? ...

What the he** are we supposed to do with this paper I received today. It is asking how much my claim is, how the h*** am I supposed to know. Am I just to guess or do I need to take this to a lawyer. I can't figure this stuff out. So frustrated. ...

Just got this in the mail today. Wondering why? as I quit almost a year ago, got my last check and pto pay without any problems. any ideas? ...

MedQuist Inc. is set to buy bankrupt medical transcription firm Spheris Inc., sources confirmed to NashvillePost.com this morning. The New Jersey-based company came out on top in the race to buy Spheris' assets, beating out competitors Transcend Services and Nuance Communications in an auction that apparently lasted through Wednesday night and into this morning. It is unclear this morning what price MedQuist (Ticker: MEDQ) will actually pay for Spheris. Transcend offered $7 ...

I got caught up in the ARM back in 2004 and 2005 and when it was time for my mortgage to adjust, the rates were higher, and my payment jumped to almost 900.00 dollars a month, and while that may sound low to some, how about at the same time, regular transcription went to VR, and companies started outsourcing, and my transcription pay went from about 45,000 a year to 29,000 to 30,000. I finally found a stable MT position at a local hospital, at almost 17.00 an hour, and while it is a good s ...

A few weeks ago, I wrote a post on the company board that STAT-Copy Technologies is over 2 months late paying me (over $2500). A week and a half ago, she had sent me an e-mail saying she sent a check, which I have not yet received as of today. I contacted her again to let her know I had not received any check. I told her I was tired of messing around and begging for my money and she would hear from my attorney. Well, she just e-mailed me and told me her company is filing ...

From this morning's Wall Street Journal: M*Modal, a medical services company owned by a J.P. Morgan Chase JPM +0.85% & Co. private-equity arm is preparing to file for bankruptcy protection in the next two weeks as it struggles under a hefty debt load and declining sales, people familiar with the matter said. M*Modal is in discussions with its creditors on a prearranged restructuring plan that would streamline its trip through bankruptcy court, these peo ...

I heard or read somewhere the everyone was getting a half cent pay cut, whether part-time or full-time. I was cut a full cent - so I'm guessing I must have heard/read this wrong. ...

My region did the switch this weekend and so far everything has gone smoothly for me except when I hit F9 it says there are no results (looking for my feedback and line counts). Any ideas? TIA ...

Anyone else in SA3 having problems with this merger? My first job after we switched to the combined South area with a new log in # came up completed by someone else. Called my manager and she said her phone is riinging off the hook with people telling her the same thing. She does not know what the problem is, has to investigate. My CCM is great, I know she will inform us as soon as she knows, but in the meantime if these jobs keep coming up completed and all I do is upload ...

Do you have work? Able to get into backlog? Running out of work? ...

I came in with the merger of MDI a year+ ago. I almost got an ulcer reading some of these posts, seriously. While you must consider what you see here, especially when there is an abundance of similar opinions, be aware, a small percentage of the company's MTs post here. I will offer my advice. Treat it like a death of a spouse. Mourn your loss and look towards the future. Don't make any big changes for 1 year, or at minimum 4-6 months. Go with ...

Here's a link to the merger agreement. WARNING: This is not for the faint at heart! www.hotstocked.com/8-k/transcend-services-inc-new-TRCR-1378652.html ...

I guess this is just a question to those who have been part of a Nuance merger in the past. Were you able to keep the schedule you were working before the merger, or were you herded into the 1st, 2nd, or 3rd shift spots? I work split shift over two of them right now. Anyone allowed to keep working M-F after a merger? I suppose I'm mainly wondering if I can continue to pick my own random schedule after the Trasncend merger is complete. ...

Anybody notice merger of MModal with One Equity Partners? OEP invests in transactions that promote strategic and operating change, creating long-term value...... what does that mean. Sounds like a redo of our company getting rid of things and people they don't like... ...

My company "merged" with Imedx several months ago. Here is my question to those who have had their company merge with Imedx: What happens if/when your account goes to India? Does the account slowly phase out or is it just one day gone? Can I expect honesty about what is going on or will the higher ups just act like they are oblivious and they have no idea why that account suddenly dried up? ...

With the TT merger, M*Modal bankruptcy, and OTI with no work, nm - Looks like Patient Fist may be a good choice

That'll be a whole lot easier than MTSO Fist! - Rose

Patient Fist sounds like a patient advocate group. Maybe we are on to something. nm - Might as well laugh

I think you've got something there! - Silly Milly Bedilly

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