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#6075 - 08/13/02 06:53 AM "MT.Con: The Cockroach Problem In Medical Transcription
Nae Administrator
Administrator


Registered: 07/16/98
Posts: 6464
Loc: Sanford, Fl, USA
Sort of like "must-see TV", I would call this "must read MT" But then I am from the South and I think we are born with a natural inclination for stepping on those bugs and squashing them flat no matter how many of them there are or how darn long it takes
Nae
Cockroach Problem

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#6076 - 08/13/02 07:31 AM Re: "MT.Con: The Cockroach Problem In Medical Transcription
girllimberlost
Member


Registered: 02/22/01
Posts: 2409
Loc: spanish fork, ut, usa
I found it interesting in the sidebar that MTDesk was mentioned and recommended, she added a note that she found it difficult to navigate. She also mentioned MTDaily (not by name, only by proclaimed reputation) and the problems that they are having over there since announcing the "registration". Frankly, on the few times that I have stuck my head in over there, I found it extremely confusing and difficult to navigate.

Otherwise, I found the article quite interesting, especially the story about the old plumber charging $10,000 to fix an engine in a ship that he fixed by merely banging on it with a hammer. When the ship's owners balked at the charge, reasoning that all he did was hit it with a hammer (when they had others in who worked with it for hours but could not fix it), they requested an itemized bill:

Hitting engine with a hammer: $2
Knowing where to hit it: $9998

We really do ourselves a disservice when we don't figure in the cost of doing business when we accept a line rate. Ever since I incorporated, I find myself paying more attention to the cost of doing business. After paying myself a paltry wage last year, my business only cleared about $400. We really don't pay attention, I think, to the actual cost of doing what we do.

Good article! Thanks for bringing it to our attention.

[ 08-13-2002: Message edited by: girllimberlost ]

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#6077 - 08/13/02 08:52 AM Re: "MT.Con: The Cockroach Problem In Medical Transcription
Julie W8
Member


Registered: 01/10/99
Posts: 3525
Loc: Los Angeles, CA USA
quote:
We really do ourselves a disservice when we don't figure in the cost of doing business when we accept a line rate.

THANK YOU!!! This has been my particular soap box.

How many ICs (I hate to call them MTSOs) do you know who think that the lines they type, at the full line rate, is "profit?"

How many calculate what to pay their subs by taking "2 cpl for me?"

Argh! I'm going to get off this soapbox before it consumes my day!

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#6078 - 08/13/02 08:57 AM Re: "MT.Con: The Cockroach Problem In Medical Transcription
kjlowe
Member


Registered: 12/24/01
Posts: 320
Loc: Deltona, Florida
Geez, after reading that article I feel like I just got a giant group hug at the Domestic Violence Shelter!

I love what I do for a living, because I'm a voyeur when it comes to medical records, and I love the flex time aspect of my job because I've got anxiety issues where clocking in is concerned, but there is a lot of stress, too much stress, where the future of this business is concerned. I made more my first year in transcription than I do now. Of course that first year was at a hospital and then they went MTSO on us, and it's been a down hill battle financial wise for me ever since. To make up for the drop in pay, I put in more hours. My family thinks I'm a workaholic, but I just see myself as the only responsible adult right now. (Does that make me codependent, or just doing what women who want the best for their family do?). I guess it's pretty prophetic for me, personally, to look in my checkbook and see that my last 3 purchases over the past 5 days have been products to help me relax (peaceful New Age music CD, stress-relieving gadget, and aroma therapy). If I weren't so nuts about being legal, I'd turn to illicit substances, but there's too much stress attached to that route to break even on anxiety scale!

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