Thought this was an interesting article

http://health-information.advanceweb.com/Article/VBC-Compensation-for-MTs.aspx Read the comments too. The second one is on point! ...

This just basically proves that it still takes a human to do what a computer can't do... ...

found this interesting and encouraging... ...

http://www.nytimes.com/2012/09/22/business/medicare-billing-rises-at-hospitals-with-electronic-records.html?smid=pl-share Please read! ...

http://www.faqs.org/sec-filings/110316/MEDQUIST-INC_10-K/ ...

http://www.dailymail.co.uk/news/article-1226934/Indian-police-arrest-company-boss-accused-selling-medical-records-British-patients.html ...

I was reading an email about current trends in the industry and it talked about Nuance's acquisition of Transcend and how Nuance had acquired 43 companies since being in business, gaining some of those acquisitions by bullying competitors with lawsuits and then buying them out. Then I stumbled across this article on Bloomberg Businessweek. It's a little dated (May 2011) but quite interesting, especially the quote from the Dave Grannan, CEO of Vlingo: "Competing with Nuance is like havi ...

It was from a 2011 article on SR ... the comments are being made by Lynn Kosegi from M*Modal: Someone else who has been very eloquently making the same case for a while is Lynn Kosegi of M*Modal. Lynn presented at AHDI Florida twice last year, at our technology workshop and at our annual meeting, and she explained that paying speech rec editors at 50% the line rate effectively punishes the best producers and those producers will ultimately be lost to the profession, replaced by transcription di ...

"Wow, the rates have gone down! Only $8-$10 per hour for these folks? Thatâ��s great! Minimum wage in Oregon is currently $8.40 per hour. That means that I can get someone smart enough to learn medical terminology (the average medical studentâ��s vocabulary doubles over four years of medical school), operate an EMR (every one is different, and most all of them are hideously complex), listen carefully (a rare commodity in itself), type quickly (remember, the average follow-up visit only las ...

From Health Care IT News - February 2014. Interview with an ER doctor about using scribes in the ER and the process of documenting/entering information. http://www.healthcareitnews.com/blog/medical-scribes-history-present-illness-now-narrative ...

From Boston Biz Journal http://www.bizjournals.com/boston/blog/health-care/2014/10/apps-the-next-frontier-to-the-electronic-medical.html?page=all ...

I came across this today when I was searching info on medical transcription. I found it interesting when it said offshoring was once popular in the 90s... http://www.ahdpg.com/calling-all-transcriptionists-the-world-needs-you/ ...

Below is the link to article. http://business.nashvillepost.com/2010/03/15/spheris-seeks-approval-for-850k-bonus-plan/ ...

See especially the paragraph about driving down wages and controlling hiring. This reminds me of MM and N's recent calling of ex-employees, and the recent post about the ex-employee being BULLIED (the post is on the board here). ...

Although this article dates back to March, I found it interesting. Had no idea that Nuance and MQ (M*Modal) only had 20% of the transcription business when this was written in March, 2012. http://seekingalpha.com/article/408141-can-transcend-services-write-its-own-ticket ...

Hmmmmmm...I think I'll pass on trying to become a scribe. I don't think I could do what this scribe is asked to do. ...

MTs have been leaving this profession in significant numbers in the last few years due to the pay, the lack of work, companies going out of business, voice recognition, and especially at MM with audits, performance management, firings, and disgruntled employees. At the same time, you seldom see or hear of new MTs signing up and going through the schools to get certified. The New MTs board is a good indication. You also seldom see advertisements these days for MT training (for g ...

I think it is very interesting how a company will make you jump through hoops to "prove" you are an independent contractor but still want you to use an employee based punch in/out system. You don't get it both ways, if I am an independent contractor, then I don't have to use your employee based punch system, especially when you want to charge for it but to keep track of my own hours is free. ...

ASR put "1,000,000 cm" instead of mobility. What? Why? ...

I copied this from another site (sorry not supposed to put names on here): "(Transcription company name) is looking for MTs with minimum one year's experience for its Delhi office. Mail CV at (their e-mail address here). No, we do not outsource!" What the h***fire does that mean? We do not outsource? oh you mean to AMERICA where you got the work from? sad, very very sad. ...

I saw an ad for radiology. It states no experience necessary. Paid training is available. Typing skills are a plus but not required. Earn up to $30,000 part time adn $55,000 full time. How can someone post an ad like this. Obviously it is an ad to train for medical transcription. I hope that no one falls for this. ...

NJA yesterday for a significant amount of time. Today, I log on...NJA. Fifteen minutes later, they begin trickling in...jobs dictated YESTERDAY!!! How is that even possible?? omg. I thought there were NJA available yesterday!!! ...

Been reading the business perspective of what will happen when (not if - when) minimum wage is increased, and 99% of companies who employ low income workers say that will be the day they lay off most of their employees, or have to close their doors altogether. Not that I expect MModal to ever "close their doors", but that does leave open the other alternative for a huge layoff as the need to "supplement" employees who aren't earning minimum wage, or who don't meet their ridiculou ...

Ran across this bit of information while looking for something else. (Isn't that how it always happens?) I don't know if it's been posted before, but even if it has, it's worth posting again. http://www.mtexchange.com/medical-transcription-exchange/who-owns-mtstars-com/ ...

...that on the weekend before a big meeting with the client, there's an OOW situation on both Saturday and Sunday when on previous weekends the TSMs were begging us to work extra since MTs are either quitting or there's not enough coverage in the first place. So now we're being told to make up our missed weekend hours during the week, when it's obvious that the work was outsourced to cover the higher-ups' butts! Why are WE expected to be inconvenienced due to their lac ...

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 people said. The bankruptcy negotiations come about 18 months after One Equity Partners took ...

Just for the heck of it, I went to the resume section of this board, and noticed there were quite a few MTs with "entry-level or less than 5 year's experience" wanting to be compensated 10-15 cpl -- I really seriously doubt that is going to happen, especially for a "newer" MT. I would suggest that if you are really serious about finding a job in MT, then revise your expected compensation rate to something a bit more realistic. ...

I also posted this on the main board, but here goes. Just for the heck of it, I went to the resume section of this board, and noticed there were quite a few MTs with "entry-level or less than 5 year's experience" wanting to be compensated 10-15 cpl -- I really seriously doubt that is going to happen, especially for a "newer" MT. I would suggest that if you are really serious about finding a job in MT, then revise your expected compensation rate to something a bit more realistic ...

us oldies are getting below 98%, in some cases waaayy below, after years or decades of exemplary work, with raises, etc. How much more obvious can it get that they're downsizing the highest paid (and most experienced) MT/ME, to hire the newbies and get the tax breaks. Makes me SICK, so I resigned a couple weeks ago and feel absolutely in shock that I did it, finally, and trust in God for a better job. ...

Thought this was an interesting article - MTgirl

That was PRICELESS! Thanks for sharing! - (SM) Keypounder

Interesting video - MTgirl too

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