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

your choice or bought out - just curious

Posted: Mar 12, 2013

How many started working for Mmodal because of their choice and how many because Mmodal bought out the company they were working for??

bought out - nm

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nm

bought out - had actually gotten away

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and was working for Spheris, but now I'm back with the man.

Bought out - saddest day of my life

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well, one of the saddest...

Bought out twice. This is the last place I would choose to work! nm - broke

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..

Bought out - and bummed out! NM

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xx

Bought out, almost threw up - Had quit MQ to begin with...

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xx

^Me too. Had quit before, then bought out. - nm

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x

same here. - NM

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x

Not sure if mine was bought out or not, I started when it was secrephone ions ago - mona

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It was secrephone and then it was mrc group and then medquist and then mmodal. Waiting for another new name to come up

Bought out, but I declined. - SM

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When my hospital outsourced to a mid-size MTSO, I didn't have much choice so went with that MTSO. Within two months, they "introduced" VR to our pay structure, with the "exciting" new potential to rack up a lot more lines per day!! I have no doubt that they knew they'd be switching us to VR all along but started out at a halfway decent 9 CPL for straight typing. With the VR, my pay dropped by at least two-thirds (even though, yeah--I was racking up a lot more lines....funny how that works when you're being paid less than half the CPL, huh?).

While slogging along with that mid-size MTSO and wondering what in the heck I could do, I told my hubby that if that company was EVER bought out by Medquist, I knew I couldn't stay with it. Naturally, that's exactly what happened about 9 months later.

If not for this MT forum, I would never have known that Medquist was now M*Modal, so I knew enough not to accept the position with M*Modal. Otherwise, I'd be in the "bought-out" column, too.

I finally got a job as a pharmacy tech, which pays about half of what I was making a few years ago at the hospital but a lot more than I was earning doing VR editing. Good luck to everyone....truly wishing you the best.

Same here. Also from Secrephone. - sm

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I truly loved my job then. Things were great until Medquist came along. Do you remember Vinnie from Secrephone? I have always wondered where he ended up.

Yes, I loved vince, he was so nice - mona

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can't remember the manager's name as I didn't work in the office but I remember calling vince.

Was it Diane? - sm

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Vinnie left before the merge but Diane stayed, at least through the first merge. I also didn't work in the office but I always wondered where he ended up. He was a really nice person to work with.

Got bought out - But glad I tried them

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I was so scared I would lost the 10/6 and the other benefits our hospital insisted MM give us, that I went ahead and took a part-time position so I could look for full-time work elsewhere. I was dreading it but after a couple of weeks of different QAs picking my work to death, it has been smooth sailing since and they have completely left me alone. I'm glad I tried them out.

bought out, gave it a try and - am on my way outta here

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I was actually excited when my company got bought out because our system is old, clunky, and it's really hard to be productive on it. That's the only thing that didn't change. Now, we are held to MM standards on a system that makes it impossible.

I just came to the conclusion that I'm not cut out to work for a big corporation so I'm really just hanging in until I find something else.

Bought out. - oldtimer

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nm

Bought out/merged. Medifax, Secrephone then, MRC - then Medquist and now MModal.

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They all sleep together. They all know each other in the companies. Kinda like a small knit family. The guy (CEO) who created Spheris was my manager at Medifax and was attending school for his BA degree. Telling ya, small world when it comes to these companies.

Bought out - 3X - outahere

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My guess is they can't cultivate clients on their own merit, so they buy out the smaller companies that least their platforms. It's what they call a "levereaged buyout." Either sell to us or we'll pull our software and drive you into bankruptsy. Either way, they get the company.

bought out - nice!

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Wow that shows their true character. The only way they get employees is threats.

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