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

I am still trying to grasp that Q bought M, but took - their name?

Posted: Jan 25, 2012

I guess since MQ is associated with transcription and we all know that is going by the wayside????

no... the MMMMMs are so much cooler - Qs are so last year

Maybe it is a public relation's move - MTwhatever

[ In Reply To ..]
It could be they feel with a new name, they will do better both in recruiting staff as well as clients. Or maybe M-Model has more say in the operations now and it will become a "friendlier" place. Who knows. But it's probably a PR move.

Not quite, but close... - derp

[ In Reply To ..]
The MQ-MM thing was a merger, not an purchase. The whole reason they went with the M*M name is because they are wanting to distance themselves from "legacy medical transcription" services in order to bill themselves as a technology services company.

merger and Nuance - anon

[ In Reply To ..]
I think perhaps it is also to be competitive with their biggest competitor at this point, Nuance, heavily into VR AND with the purchase of WMx, their NLP programming that WMX had been working on developing (which also will pick out pertinent words to assist with computerized coding). Kind of makes my head spin!

Name change not that unusual - Dinosaur

[ In Reply To ..]
I started with MRC many years ago. MRC and TL (Transcription Limited) merged in the mid 1990s, I'm not sure what year. Even though MRC and TL merged, the name remained MRC and/or MRC Group. It wasn't until the late 1990s when MQ bought out MRC/MRC Group and the last of TL (Florida) that the name changed to MedQuist.

MQ has had legal problems over the years, some they inherited, some they created themselves, but it is clear that their reputation is far from sterling. This may also be a reason for the name change. The new Indian owner may consider this a fresh start, or a way to bring all of the MT companies he has acquired together. I have heard India refers to MQ as "CBay America." This may be his way of trying to end that distinction. Just a thought.

Merger - name - Pal

[ In Reply To ..]
I have never posted before but have to now. My husband's company just went through a "merger". He worked for an exclusively hospice company that merged with a home care company. The home care company had a self-professed weak hospice department and the party line was that they wanted to "merge" and be "taught" how to do hospice right. All the hospice company execs became VP-types. The home care company CEO remained the CEO. They re-branded and came up with a new name and logo. The new name was exactly the same as the old home care company name with the exception of one word (which had nothing to do with the hospice company name), company colors were the same as the old home care company, and logo was similar. Over the past few months there have been several employees let go (including my husband this past week) - to the best of my knowledge ALL of those employees have been from the hospice company. Doesn't sound like a "merger" to me???? Right from the beginning I asked my husband, who is putting up the money for this "merger" - that is the new owner and controller! Just sayin.

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