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

Do most companies provide a computer or - kiki

Posted: Aug 18, 2013

do you have to have one already? Thanks in advance

I think very few provide equipment - Mmodal might still

[ In Reply To ..]
Most companies want you o have your own equipment. It's way less work and expense for them.

Thanks....makes sense I guess considering - kiki

[ In Reply To ..]
how greedy a lot of MT companies are nowadays. Actually, I was one of the many who got laid off from MM. No surprise to anyone--that company is BAD NEWS and will soon lay off the rest to offshore to India. Let them provide THEM computers I guess.

Why does everyone assume companies are greedy? Listen to their very public financial statements. nm - RealityCheck

[ In Reply To ..]
The companies that are public have to make their financials public. This is true in transcription and in every industry. They are very eye-opening. Yes, there are some overpaid executives at a lot of companies, but not all, and those salaries, while high, do not account for the loss of money that most run under.

Basic business skills: Bring in more money than you spend. With increased taxes, higher umemployment costs, increased health insurance costs, higher overhead, etc., most companies should lower rates and lay off part of their workforce. The economy is horrible and getting worse. Don't listen to the hype that the economy is better. Do your own research, and you will be surprised at how bad it really is and the signs that it is going to get much worse before it gets better. I am not a doom-and-gloom person, just realistic.

Stone Crab Profit - Simple Analogy

[ In Reply To ..]
In Florida it is illegal to harvest stone crabs and take more than one claw. So, they catch them, pinch off one claw and put them back into the water. Why? So it can live on, grow another claw and they don't deplete the whole industry, and kill everything. A crab with one claw will survive, but a crab with no claws has no defense so it dies rather quickly.

The problem with the economy, including medical transcription is that instead of taking a little profit and paying salaries that afforded the working man a living wage and some discretionary spending they skimmmed the whole industry for profit. When companies decrease discretionary spending they are in essence cutting off both claws - discretionary spending is where new profits are made (new business).

So, the moral is - you can harvest stone crabs, and if you cut off one claw and throw it back there will be a steady profit for a long time, but if you are greedy and cut off both claws at once you may have a healthy harvest for a short time, but it won't take long until your worker crabs starve to death and then no one has any claws.

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