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

TSM emailed me back about pay - sm

Posted: Mar 11, 2014

She said that in the discussions, they said that it would be $20 to $30 hourly based upon quality, speed, and experience.

I find that extremely difficult to believe. - but dang if it were true...

[ In Reply To ..]
Based on a couple of things I noticed (can't go into detail-sorry), I am guessing HUNDREDS of MTs have applied for testing.

Based on that, I am going to guess that the 60 who are chosen get 100% on the test.

If that was true, why wouldn't it have been in the initial email? - anon

[ In Reply To ..]
It's interesting that they didn't put it in writing. Instead, MTs have to ask their TSM what was "mentioned" in discussions? I personally would never sign a contract to work for 2 years in a job that makes no mention of pay.

Probably because every single MT at MM - would have applied .

[ In Reply To ..]
I think it is going to be very difficult to get into the program as it is.

I get to test but am not holding my breath that I will get in.

That would be BS - if they are paying

[ In Reply To ..]
that kind of money after having screwed the MTs down to the nubbins for so long.

Coders have always made more money than - MT, right?

[ In Reply To ..]
When I worked in-house they made a lot more than we did.

I don't want to say it is a more difficult job but it is more tedious and requires pretty much 100% accuracy.

Coding is not a good job fit for everyone and I think a lot of MTs who jump on this will fail and/or end up hating it.

Yeah, they have - That would be BS

[ In Reply To ..]
Coders have always made more money plus they MAKE money for the facility while we were just a necessary nuisance.

Coders - BH

[ In Reply To ..]
I agree coding is not a good fit for everyone. When I enrolled in Dorsey Schools in Michigan for medical transcriptionist, they encouraged me NOT to enroll in this program because they said it would be hard to find a job in this field. They said instead to enroll in Medical Coding where there are lots of jobs (they said). I liked learning about diseases, so I preferred being a medical transcriptionist, but looked at the curriculum for medical coding anyway. There was a lot of accounting in there, and I do NOT like accounting. I ended up not going through any of their programs, but was hired by Spheris/Medquist/M-Modal soon afterwards.

Just FYI, there is no "accounting" in my job - Coder. nm

[ In Reply To ..]
Nm

I can't even imagine trying to do a tedious and - demanding job like coding on a production basis.

[ In Reply To ..]
XX

Coder vs MT pay - Just me

[ In Reply To ..]
I disagree, as I had done both jobs. Now I'm going back into "ancient history" but 20 years ago they were paying coders (at least in this area, rural) $10/hr and as a transcriptionist we were paid on production and could make from $12/hr to over $20/hr.

Coding is a precision job as facility reimbursement depends upon it, so if you do not like ferreting out information, etc it's not for you.

Yeah, but MTs used to make more money, too. - Until MTSOs came into the picture. SM

[ In Reply To ..]
So, with that knowledge, and the knowledge as an MM employee about how they've treated their MTs that were their bread-and-butter for so many years, what's going to stop them from pulling the very exact-same shenanigans on coders? Nothing! And if they do that, and cut coders' pay down to the bare minimum, I wonder what's going to happen to in-house coding jobs. Gee - I just wonder.

Oh for sure, history will repeat itself. - but faster this time around

[ In Reply To ..]
They have it perfected now, so instead of a decade it will be just a couple of years.

Yep. Like exactly two years. It's pathetically - easy to see what is coming. NM

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Don't believe it - NorthMT2

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When we first went on SR, I was told I could make between $20 and $25/hr based on quality, speed, and experience too...what a crock! On a good night, I make $9 MAX!

I made that 15 years ago - BEFORE

[ In Reply To ..]
Before MQ decided to transfer that to the suits' pocket. They will take that from all you would be coders in the end.

Also, an important point I haven't seen brought up - yet

[ In Reply To ..]
Obviously, from a business standpoint, M*Modal will want to become successful and profitable in the coding business. To do that, they will have to obtain as many coding accounts as possible. And to do that they will have to underbid other coding companies to get them and convince facilities how much money they can save by outsourcing the coding departments (the same way they did with MT). This in turn means they will be paying their coders less than the going rate. There's no way around it.

Even if that were true (which doesn't seem very - realistic, considering what we are - SM

[ In Reply To ..]
dealing with, in terms of company morality, and all that, I would not only want that pay quote, ON PAPER, before ever signing on to train. AND, I would also want it on paper that that pay would never be reduced during my 2-year mandatory employment with MM.

However, someone else above said the pay was likely to be based on production, not hourly. (This IS an MTSO, remember, and an el-cheapo one, at that).

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