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

How much do nationals charge their clients per line? - Tweety

Posted: Jun 23, 2013

I'm curious to know what these nationals charge their clients for transcription if anyone here knows. I know some of them go through bidding. Thanks!

Nationals screw MTs - and make themselves rich

[ In Reply To ..]
When I was transcription manager for large hospital, the successful bidder was over 20 cpl. We eventually went to VR and got rid of the scum notational.

20 cpl? - anon

[ In Reply To ..]
I think I am going to be ill.

Last I heard, maybe 5-10 years ago or so, (then) MedQuist - charged about 23 cpl.

[ In Reply To ..]
That supposedly included some other value-added services like billing or data mining or something, maybe? But yep, over 20 cpl.

http://www.mtstars.com/m-Well-believe-it-Hospitals-pay-that-I-can-tell-you-40014.html

charging - mtso

[ In Reply To ..]
I have a mid-sized service and we havent seen rates on bids in the 20s in some time. The most recent bids showed from 10 to 18 cpl from various bidders and the high end was not the "bigs," they were around 16.

charging - mommy4max

[ In Reply To ..]
And to think that after seven years, I am still making 11 cpl. Have never asked for a raise, didn't quite know how, and didn't want to get myself "let go".

How much do nationals charge their clients per line? - Tweety

[ In Reply To ..]
Wow, 10 cpl is really low. How can you compete with these low bids especially if the MTSO does not have their own platform.

I suppose 10 cpl is pretty good if you're only paying your - offshore MTs 2 cpl

[ In Reply To ..]
xx

You do understand that 2 cpl is not true. They work through a service the same as we - PAMT

[ In Reply To ..]
do and the service picks off their share and then all that work must go through QA so actually that 2 cpl is probably more like 6 cpl until it goes through all the ranks etc. It is really not as resaonable as a lot of people think but I think these companies just want to send work to India because they are Indian and that is what they want.

You think offshore MTs are making 6 cpl??? - Please.

[ In Reply To ..]
First of all, I did not say every service who has offshore MTs pays them 2 cpl, but I absolutely believe there are offshore MTs who are making 2 cpl and LESS.

Do you really think the only reason any work is offshored is because some companies simply have a preference for Indian MTs? That's naive thinking and utterly ridiculous.

Why dont you reread my message. I said there are multiple other levels that take their cut - PAMT

[ In Reply To ..]
just as they do here. I really doubt huge hospitals get Indian MTs per se but hire them through a service such as MModal. Now do you really think MModal doesnt get a cut and all the QA they go through. MModal is owned soley by Indians from India and I absolutely think they want to send their work over there to their own country. I am by far not naive and certainly never was. Get your facts straight. We dont hire MTs over in India for 2 cpl they are hired through a service and I guarantee you that service is getting more than 2 cpl. How naive are you. All that means is the service makes more money by doing it this way. Make sense!!!! I dont work for companies that pay crap wages for my work and never will so they can reap all the benefits from my situation.

I said offshore MTs, not offshore MTSOs - sm

[ In Reply To ..]
I did read your post. Why don't you reread mine? I never said you were naive. I said "naive thinking." Also, I was not referring to MModal in particular. This is the Main Board, not the MModal Board. Your reaction seems emotional and defensive.

If you doubt there are offshore MTs making the equivalent of 2 cpl and less, do a little research and get YOUR facts straight.

Similar Messages:

Dec 10, 2009

Has anyone heard of a company called North American Transcription Company. They claim to have all US MT's but they only charge clients 6 cents per line. How is this possible? ...

Jan 01, 2010

I'm thinking about trying to go out and get my own doctor's office and have a question about what is a fair rate per line in the state of Georgia. I've been doing some research but there seems to be a huge range. Can anyone tell me if $0.18/line seems fair? Thank you for any help or information!!!! ...

Jul 13, 2010

Is it legal to charge an hourly rate as an IC. If I charged by the page, what would you charge? I am thinking they are clinic notes. I don't have a problem transcribing heavy accented dictators, but until I learn him, it will slow me down a bit. ...

Oct 01, 2012

Just wondering if you think charging by line or by word is more lucrative in the long run for the transcriptionist? What is a good and fair line charge and word charge? ...

Feb 12, 2010

Lost my job to VR. I knew it was coming. When you work on a specialty account that is half templates/normals, and your take home pay is at $3,000 a month - as I have said on here many times, there is no way it will last. I socked away a lot of cash in anticipation. When you have been in this business so long, you know people. I am too old to go back to school and too young to retire. I am tired of chasing account after account and pimping myself out to the hig ...

Jan 18, 2010

May be looking for another job. Any insight on these companies? Know there is good and bad everywhere but want some honest answers. Thanks in advance! ...

Feb 05, 2010

what do they pay the foreign "transcriptionists"? I've been paid 8 cents a line for the past 10 years with never a raise. As my work load has very greatly diminished, I can only assume that the work is going offshore or to new hires at a lesser per line rate. So do the nationals still bill their clients X amount per line and pay offshore or new hires the lesser rate? I am also curious, if anyone wants to share, what the new hire rate per line currently is. It is really sad this is what our ...

Jul 27, 2011

I am wondering when you started soliciting clients if you already had a platform in place or did you wait to see what the potential clients were already using. I want to start trying to get my own accounts as there have been a lot of practices open up near me recently, but not sure of the steps to take in the beginning. I am thinking of using Emdat Inscribe as I am already familar with it, but not sure if that is something I need to set up first or is that a waste if the cl ...

Sep 22, 2013

Just wondering, for those MTs who do now or in the past have had their own clients...if you had dictators whose dictation style was extremely fast, haphazard or overall just terrible to understand, would you ever contact them and ask that they slow down or clean it up a little? Am curious if you felt you had a right to request decent dictations to work with when you were your own boss. ...

Oct 21, 2009

Hi Everyone, Right now the company I work for hardly has any work. I am thinking about sending out a letter to local clinics and also maybe putting out an ad on craigslist for transcription work. Have you tried this? I have questions: What things do I have to consider? How do I charge people (I know I can do line count in INstantText and figure out line count and cost)-is 10 CPL a good place to start? Are there other costs I need to factor in? How about tax ...

Oct 26, 2010

Just thinking out loud here. I know many practices probably do their own outsourcing to MTs at home. Why not more? It must be cheaper for them with higher quality work, personalized service, etc. Some hospitals even hire MTs to work from home rather than use an MTSO. How can we, as the MT community, reach more clients/practices. Surely they have a liason in the office who handles the direction of their transcribed reports, in-house editing; someone who could do ...

May 17, 2011

I mean, I'm an IC, or whatever I'm called now since I'm doing VR.....there has been talk around the company that perhaps the providers don't even know their documents have been moved to VR. In reality, I think that this might ring true! Some of us have quit for ethical reasons, and I can say for certain my VR isn't getting any better with the ahhs and ands and everything else that seems to be in the dication that shouldn't be. After all, the VR doe ...

Jan 08, 2012

I am wanting to start getting my own clients again (haven't done that since I picked up and delivered, printed, etc.!!!) but know nothing about the dictation portion of it. How do you get an FTP site? Where do you go to get the dictation set up and be able to transcribe it? What other things do I need to do for that? Help! Thank you all :) ...

Oct 15, 2012

x ...

Sep 23, 2014

20 years ago, like a lot of us, I worked at home typing dictations from cassettes on a typewriter! Recently I was asked by a health care provider if I can do her dictation notes on her own program, using her own templates, send them to her printer from my computer, like is done with the national company I work for. How do I do set this up in this day and age? Can I download her program onto a thumb drive and put in my own computer? How do I get her templates into my ...

May 17, 2015

I am wanting to start my own MTSO and have my own clients. I need someone who has done this already to be sort of a mentor for me. If all you are going to say is "dont do it" or "it really sucks" or other stuff like that, please save it. I just need advice on how to get started, who makes the decisions in clinics and offices, and so on... Thanks in advance... MTdude ...

Mar 24, 2010

shouldn't be held responsible for what MQ says. If MQ doesn't want the responsibility for correct reports, they shouldn't make the deals, instead of making deals and then underpaying MTs and putting all the responsibility on them. All MQ is after is the money, not the responsibility that goes with making the money. ...

Oct 30, 2010

Anyone have an idea of what MTSO client rates run? I'm thinking 18-22 cpl for acute care (depending on TAT) and 16-20 cents for clinic (depending on TAT). Do you think these rates are totally outrageous or about in the ballpark? ...

Jul 26, 2012

This post is in regard to posts I have seen lately on this board regarding dictators. They actually do care or must feel they need to address situations that I bring to their attention. A call regarding flags from the physician himself. He is realizing how much time I am spending locating certain info not dictated. He tells me officially that the facility is to handle that now so as not to take up my time. A call from a dictator today, stating as he made so many errors and redictations on the ...

Oct 30, 2012

Just how much profit are they making. I have no clue, 17 years ago it was 14-cents a line for a 50 character line. Or maybe somebody can give me a site where I can look it up myself. Thanks ...

Nov 28, 2012

This is the first time I've done this, and I'd like to offer a free trial. However, I can't do too much as I'm still working for an MTSO. Any suggestions on what would be a reasonable amount of work to do for free? Not sure if I should say something like maximum 10 letters, or maybe 1, 2, 3, days average work. I think the trial would be of mutual benefit. I'd get an idea of how difficult their work is and they could see the quality of my work. Would ...

Mar 18, 2013

I am looking for info regarding how MTSOs out there obtained their clients. Are there any websites that advertise vendors or is general marketing strategies the best way to go? I am starting out on my own and just wanted to ask a little advice. Thank you! ...

Jun 20, 2013

I was just wondering if I wanted to acquire a few clients on my own, what type of software do I need besides something like Express Scribe? Those of you who have your own accounts, what do you use? Thank you :) ...

Apr 26, 2015

Hello I was looking into using this Cloud Dictation system because it seems to mirror the Digital Dictate/Digital Delegate system commands so not a big change for the clients. Has anyone here been using this? The last posts I could find were from 2013 so just wondering. If not this system, any other system working? I have the older Digital Dictate system from NCH but can't seem to get ANY HELP OR QUESTIONS ANSWERED from them on to upgrade or not to upgrade. ...

Oct 19, 2009

My two docs, whom I have typed for 6 years, are considering going to digital dictation from tapes. I told them I would look into it and need some advice. I can't seem to find how to search the archives on this new board...can some of you offer me some names of transcription platforms that I can check out? I would be most appreciative.... ...

Apr 02, 2010

I have been a MT for three years. I have been working for somebody else and have recently decided to start up my own business. I have sent out over 200 letters/business cards to area doctors and thought for sure it would produce a better return. I was just wondering if anybody has any advice. I'm trying not to get discouraged and I just keep plugging along but I'm open to any and all thoughts. Thanks in advance! ...

Oct 24, 2010

I am in the process of starting up a transcription company. Just want to start off with enough to keep a couple of transcriptionists busy at first. Going to be contacting clinics and rural hospitals and possibly offer to do overflow for larger facilities. Who would you contact...the CEO, HIM manager, MR supervisor? I am at a loss as to who is the best point of contact. Also, do you think one would do better to send out business cards and introduction letters/pamphle ...

Nov 02, 2010

I really would like to know the answer to this and wonder how to find out the true answer. Some (all?) of the hospitals are very demand and critical, so its impossible to believe they want their work to go to India. MQ is screwing up royally with their software for the MT's so I can imagine it is just as bad for the hospitals. My question is why is there and why has there been so little work throught the entire US? ...

May 31, 2011

Anyone have any helpful suggestions on cold contacting potential clients. Better by email, mail, fax or phone? Which would be thought of as the most professional? ...

Jan 30, 2013

So I've started pounding pavement..but switched to calling first to ask if I may bring my business card and a flyer outlining my services to them. Here's why: Besides the percentage that only use EMR, the others fall under a huge umbrella of healthcare chains, and these chains outsource their MTs. Out of about 30 so far, I found ONE chiropractor who was independent and took my info saying they may need an MT soon, and one other who said he's had the same MT for 30+ years (lu ...