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


Nuance selling out - Check out this article - Seeing signs


Posted: Sep 26, 2014

http://www.forbes.com/sites/sarahcohen/2014/08/29/nuance-faces-challenges-whether-selling-in-whole-or-in-parts/

 

And being that

$240 million revenue for quarter ending June 30th. - Is that for real?

[ In Reply To ..]
This is apparently from the transcription sector of Nuance. This is truly sick.

Of course - millions

[ In Reply To ..]
Nuance, and others, cut our pay when speech came about, but their clients are still paying the same amount for the same quality work that the MLS provides; we are just being compensated less. Therefore, higher profits for them.


Similar Messages:


Check Out This Article
Jun 04, 2015

Reminded me of our business, except worse!  How humiliating for them. http://www.nytimes.com/2015/06/04/us/last-task-after-layoff-at-disney-train-foreign-replacements.html?_r=0 ...


Now The Nuance Selling Point Includes No MT
Apr 13, 2015

Add that to the all caps and $2000 dangling carrot (oops bonus I mean) and what do ya got? DESPARATE. Oh, the up to 0.127 cpl thrown in too I guess in case one is not dazzled by the other fake info. Way to go Nuance! HA If you valued the employees you have (or had) you wouldn't be the situation you are. ...


Check Out This Article About India
Nov 02, 2012

"These big companies can attract customers by selling at cost prices. That means people here are going to lose jobs. Shops like ours will be hit the most," Mr Sethi said. Sounds familiar, doesn't it? ...


Article About Nuance
Feb 19, 2011

I don't work for Nuance or the other 3 MTSOs listed, but I found this article clear and with devastating details about the exact cost of what happens to the local economy when employers opt to switch to the offshoring companies: http://www.abc4.com/content/news/slc/story/University-of-Utah-Hospital-sending-local-jobs/ApYQbQl0d0OqwCx2vzmjlQ.cspx or search "University of Utah Hospital sending local jobs overseas" "Hundreds of people just like Rachelle are losing their jobs at medical tra ...


Interesting Article About Nuance
Mar 22, 2012

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 ...


Article About Nuance And MModal
Jul 29, 2014

Take a look at the load of crap they're selling these hospitals! ...


Nuance Is Mentioned In This Article About
Dec 08, 2014

Very interesting...   http://www.foxnews.com/tech/2014/12/03/stephen-hawking-artificial-intelligence-could-end-human-race/ ...


Interesting Article, Nuance/M*Modal 20% Of Tx Business. Sm
May 22, 2012

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 ...


Last Nuance Check
May 03, 2013

Can someone tell me if the last check has PTO on it or does it come after last payroll check?  Now that I cannot get into the web site to check I have no clue.  ...


All Nuance Fans, Check This Out . . .
Dec 30, 2013

I happened to see this on indeed.com - Nuance's ad for a VP of operations for their transcription service division.  It's just packed with insights about Nuance.  A couple of my favorite quotes from the ad: "The Nuance Transcription Service business is the largest contributor of revenue to our Healthcare business . . . " The transcription service business brings in more revenue than anything else ??!!  Real interesting fact, who would have thought, LOL. "Key emph ...


Nuance Employees Check This Out!
Jun 17, 2014

Baptist Health Systems in Louisville KY is looking for remote MTs on first and second shift and it says you need to know the Nuance platform. ...


Check Out This Link To Nuance India
Jul 11, 2012

Oh please look at this link for Nuance India: http://www.ntsindia.in/ and while you're in there, check out the tab at the top that says "MT Training" and while in that tab, look at the subheading concerning earning potential for Indian transcriptionists. The base salary as quoted from that information is 8000 rupees a moth, which equals 160 dollars in US funds.  This is why we have no work and can't make production because we cannot compete with a company that hires out of coun ...


Check Out The UNEMPLOYMENT Message On The Nuance Board Everyone
May 29, 2012

nm ...


Holy Smokes ... If You Think WE Have It Bad, Check Out The Nuance Forum
Dec 03, 2014

New pay plan was just announced and is going into effect ... WOW ... what a mess.  Reading that page will make you want to count your blessings with MMoral.  ...


Selling My Copy Of IT???
Oct 11, 2010

Silly question ahead...If I uninstall my version of IT PRO V on my PC can I legally sell it??? ...


InScribe Selling??
Jul 20, 2012

Has anyone heard the rumor that InScribe of South Carolina may be selling or merging with another company? ...


Thanks A Lot TCI For Selling Us Out To A Company..sm
Mar 01, 2013

who doesn't pay on time!  TCI wasn't the greatest company to work for but at least the pay was there on time ALWAYS!  :( :( :( ...


Selling To Viva Transcription
Apr 23, 2012

I see people have posted about selling to Viva Transcription and I tried to post there but I couldn't see exactly how. Maybe this will work. I sold to them a year ago and had some serious reservations at first. They didn't really do anything wrong or against the contract but I had a tough time sleeping regardless. I spoke with some of the mt's after the deal closed who said the new manager was a complete robot and never listened to their personal concerns. This is significant s ...


Thanks Transcend For Selling Us Down The River. When
Oct 25, 2012

I came to Transcend less than a year ago I asked if there was any danger of them selling out to one of the "big ones."  Of course, I was told absolutely not; was told that they were actually the ones buying smaller companies.  I left the company I was with (and liked) because they had sold out to the other "big one" and work had dwindled away to nothing, just like it's doing now.  ...


Selling Insurance Products?
Feb 23, 2013

I posted my resume on Monster recently and this morning got a response from an insurance company, wanting me to apply to sell insurance products.  WTH?  I am looking for a coding job.  Why would they think I would be good at or want to sell insurance?  Has anybody ever sold insurance?  I am not the salesperson type and I don't know if this job would advance me towards my goal.  Anybody else post on Monster and get strange replies?  Well I guess it's s ...


RE: Recent OTI Email ~ Are They Selling Out?
Sep 02, 2014

d ...


Selling My Business To Viva Transcription
Jun 18, 2010

I was approached by VIVA transcriptionabout selling my business by handing over my list of clients. Has anyone worked with them before? ...


Question About Selling Stedman's Spellchecker
Jun 07, 2013

How does it work with the new buyer and the registration code?  I installed it once.  I don't remember registering but that doesn't mean I did or didn't.  Anybody got any ideas??!!  It is the Stedman's Plus Medical/Pharmaceutical Spellchecker 2013 CD-ROM. Thanks! ...


Medical Transcription Vs Selling Insurance?
Feb 18, 2014

In my eagerness to get out of MT (and home based work in general), I've sent my resume to 4 different staffing agencies. I have an interview at a local Aflac office tomorrow, they seemed impressed by my medical knowledge and clerical skills. The interview occurs during my normal MT schedule, so I lied to my TSM, telling her I had a dental appointment. The thing is, I've got other offers from other insurance companies. I have NO sales experience, and there is NOTHING on my resume to ind ...


It Would Be Nice If People Selling Things On The
Dec 02, 2014

check that board for any responses and also check the email connected with their post for responses.   Some people really do want to buy things from that board.  ...


Is It Check Rein, Check-rein, Or Checkrein Ligaments
Sep 19, 2011

NM ...


This Article Just Says It All.
Oct 09, 2012

...


Whole WSJ Article
Mar 08, 2014

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 ...


MedicalScribes - An Article About Them
Sep 07, 2010

This is an interesting article about using medical scribes to do transcription.  It is a way for doctors to create electronic medical records and not have to enter information into computers themselves. http://articles.latimes.com/2010/sep/06/health/la-he-medical-scribes-20100906 ...


Interesting Article On VBC...
Jun 14, 2011

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