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

interesting message from M-Modal re cpl rate - ab

Posted: Dec 03, 2011

Take a minute to read this interesting article from M-Modal themselves, and what they have to say about compensation for VR. It may surprise you! For me personally, it validates what I have been feeling as I struggle to get back to my former paycheck with straight typing.

http://mmodal2.wordpress.com/2010/07/23/mt-compensation/

Great article - CB

[ In Reply To ..]
Especially the fact that those of us who are very fast in straight typing take the biggest pay cut. One question I have is why those of us using M-Modal have to make up our own shortcuts (I have too). I came from a much more user-friendly program (ExText) and all these shortcuts were part of the program, you didn't have to take your hands off the home keys, use arrow buttons, go through all the extra steps of drop-down menus just to put in a heading, etc. I'm trying to get my VR on M-Modal back up to the speeds I had on ExTExt but so far no luck.

M-Modal article - BH

[ In Reply To ..]
I haven't finished the article but what I did find interesting was that it asked how will the profession attract quality MTs? It won't; it will attract a person interested in making a bit of extra money working from home, "the hobby MT as opposed to the career MT."

After the merger of Medquist/M-Modal, I think they should keep this point in mind.

I found this statement particularly disturbing...sm - Old Woman

[ In Reply To ..]
"I once heard an MTSO executive say that his company would reduce costs by cutting line rates, allowing the high-producing MTs to leave, and then hiring a bunch of lesser skilled MTs at lower line rates."

While I am not among the "scary fast" MTs (I probably produce around 175 lph on a good day, average), I find this statement concerning, not only for the future of career-oriented MTs (of which I am one), but also for the future of the quality of medical records in general. To sacrifice quality for a company's bottom line is, in my not so humble opinion, irresponsible and unethical. I certainly hope that this trend turns, and turns soon, before the lack of quality causes more loss of life and irreparable damage to patient care, not to mention the loss of income for MTs who do care about quality.

Thank you for sharing this article. Perhaps MTSOs will listen to someone who has a broader view of the industry than their own bean counters.

MTSO comment - LeeLee

[ In Reply To ..]
I have heard these comments, as well. I actually had my work "rerouted" to another MT to decrease my overall quota by a company so they would not have to pay me, my benefits, etc. Very, very scary what these companies employ and they lie about. I have worked this industry for several decades as a career and it is constantly geting worse. With Obamacare on the horizon, it is going straight into the toilet. You need only read the part of this bill that has to do with us and our industry to see how severely we will all be affected come next year and more so in 2013. Although not widely discussed, there are cuts looming for us down the road. Very sad for all of us that have dedicated our lives to patient care and promotion of health accuracy. I personally was horribly affected by someone's error in the EMR that cost me several thousands of dollars. To date, they have NEVER corrected this error. EMRs are only as good as the person entering the info.

And that's what a lot of us have been saying on this subject - VR equals less pay for top producers, nm

[ In Reply To ..]
.

The author of this article was my first boss in MT - catmom

[ In Reply To ..]
She has always had the best interests of hardworking MTs at heart and she is right on the money in this article, thank you Lynn Kosegi!

Similar Messages:

Dec 03, 2011

Read this link to learn what the people at M-Modal think about compensation for VR editing! It is worth reading and may surprise you! http://mmodal2.wordpress.com/2010/07/23/mt-compensation/ ...

Jan 24, 2012

. ...

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 ...

Jul 17, 2012

No clue what this means to us peons working the trenches, but interesting, see link: http://hdstoday.com/?p=143 ...

Sep 30, 2012

I had gotten a message on voicemail that they wanted me to test so as to move ahead in the hiring process and that they would send me a link for the test. I have yet to get that link. Hmm.... ...

Mar 21, 2010

Have been seeing mostly negative comments about going to M-modal and rate of pay reductions. How much of a reduction is it? Does anyone have any positive input on working at reduced rate on this system? ...

Dec 05, 2012

Their way of figuring it is so convoluted. I wonder if they keep us all low like that. ...

Mar 18, 2013

Can anyone tell me if line rate pay is comparable to getting paid by the audio minute? Is 0.50 or 1.00 normal? Any info would be appreciated. Thanks! ...

Oct 29, 2011

ty ...

Apr 19, 2012

Would someone please tell me what the "piece rate" is on the check stub - and where does it show line rate? Thank you. ...

May 01, 2012

I thought they were 2 different services. Everyone is buying out everyone, so who knows. All the small companies have been merged I guess. I thought Nuance was out of New York and were the primary with VR. Maybe one has to keep up with the changes and be a member and pay the dues and go to the meetings with AAMT and be a CMT to keep up with the changes, even though you still get 4 cents. ...

Apr 16, 2012

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. ...

Apr 27, 2012

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

May 02, 2012

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. ...

Oct 15, 2012

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. ...

Jan 23, 2014

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!!! ...

Jan 28, 2014

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 ...

Aug 29, 2014

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/ ...

Mar 11, 2015

...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 ...

Nov 21, 2009

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. ...

Nov 21, 2009

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 ...

Jul 01, 2010

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. ...

Mar 22, 2010

http://www.complaintsboard.com/complaints/andrews-school-for-medical-transcription-c183013.html ...

Nov 18, 2010

proficiency program is from the marketing department. Who the heck are they to know anything about transcribing. They probably aren't showing enough profit with ASR and think they can make us do it faster (despite how horrid the ASR output is). ...

Jun 15, 2011

I work in-house at a clinic. When I'm reading over reports from the transcription service, I noticed there are no periods after "Mr.," "Dr.," and so forth. The transcriptionists type them as Dr, Mr, Mrs, etc. Is this yet another way to cheat the MTs out of keystrokes? If so, that's pretty pathetic. ...

Jun 14, 2011

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

Aug 07, 2011

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

Nov 10, 2011

Time to do something, nja, not enough money, will not allow me to schedule so I can find part time employment to supplement. This company is abusing us without question. Doing some research and found these two articles: http://www.mediate.com/articles/davenport.cfm and http://minoritysurvival.com/2011/07/15/six-ways-employers-abuse-workers/ ...

Apr 08, 2012

On 4/2 a job posting was listed for part-time psychiatry work out of a "small transcription company out of Ohio" that could lead to full time work. Now there is a job listing for a P.r.n. cardiologist transcriptionist that has to have experience to start right away but the rest of the entire posting looks identical to the psych opening and now the psych opening ad is gone? Think they are running some sort of scam? ...

Jun 12, 2012

I think it's really something that the local colleges around me are not teaching their medical transcription programs anymore after 20+ years. What does that tell everybody??? ...