A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Been at a cushy happy place clinic job for a few years, no audits, laid back, nice. Making 18 d/h. Type the same stuff, over and over. Boring, but no nail biting. I produce 300+/hr. Should I take a position from home? Will I be making a mistake? I need some opinions pleeease.
On a kinder, gentler note, you can probably make a better decision by checking out some of the other Board on MTStars on your own and draw your own conclusions.
You asked for opinions. Unfortunately, opinions are biased. People who have had bad experiences will show their negativity. People who are generally unhappy with life will be unhappy at any job. Asking people’s opinions will only get you one side of “their” story. You need to look at the facts and decide for yourself. Everyone has to make their own decisions based on their own needs.
Here are some of my opinions.
You admitted in one of your posts “I don't know what is going on out there right now.” Things have changed dramatically in the past 3 years. The days you remember of making good money doing hospital work are long done. Most MTSOs will not hire someone who has not done Acute Care within the last year. Most of the offers you will get now will be for Clinic work only.
Employee status is not what it used to be either. You can now look forward to less and less PTO, higher-cost insurance, no or little incentives, no or little bonus pay, stricter work schedules, more picky QA, massive ESL, daily running out of work entirely, and lousy platforms (just to mention a few of the “perks” of working as an Employee for an MTSO in today’s market).
You may be able to produce 300 lines per hour now because you are familiar with your dictators. If you are lucky enough to find a position with an MTSO that still does strictly straight transcription that probably will drop significantly. When you move to an MTSO, you will have different dictators for every report, different account specifics, different QA, and harder ESL dictators. Eventually, you may be able to attain 300 lines per hour, but it is highly unlikely that you will attain 2400 lines per 8 hour day, every day, every pay period.
If you are hired by a company that starts out with straight transcription and then “suddenly” switches to Speech Recognition, you can expect to make less than half of the pay you were making before.
Draw your own conclusions by looking at the following Boards:
JOB SEEKER’S BOARD
1. Of the few MTSOs who actually tell you what they pay, the average is 8 cents per line (for ACUTE CARE). You will be lucky to find any MTSO offering more than 6 or 7 cents per line if your recent experience is all Clinic.
2. The majority of positions are now 80-90% Speech Recognition Editor, for which the pay is averaging 4 cents per line (some as low as 3 cpl).
3. Look at the number of VIEWS for each position – some in high hundreds or in the low thousands. No, that is not the actual number of MTs looking for work, but every job opening has several hundred applicants sending in their resumes or taking the transcription tests.
To reinforce this, look at the JOB WANTED BOARD. Hundreds of MTs (on this site alone) with resumes; all looking for a job (any job). Many of them with years and years of experience.
Still can’t decide? Look at the RESUME BANK. There are currently 7356 resumes listed. Asking salary as low as 6 cents per line.
If the above has not convinced you that today’s Medical Transcription profession is nothing like the one you remember, then you probably have already made up your mind, and nothing anyone on this Board says will probably change it now.
Good luck in whatever you decide to do.