Any statistician can tell you that if you extrapolate the data over a year's time, the numbers will play out in a similar fashion. If a transcriptionist commits to turning over a certain number of minutes of recorded dictation time at X dollars per minute, he knows what he will get paid. Less tension about cash flow. And last, but certainly not least, less undermining of a transcriptionist s self-esteem. With more economic stability in their daily lives, medical transcriptionists can be much happier workers.
Happier workers contribute to a healthier business environment that earns bigger profits.
Or whether clients are going to pay for spaces and hard returns. Or whether people are going to count bold, underlined or italic codes as part of a 65-character line count. By giving your clients value-added formatting, you empower risk managers and medical records directors to confront dictating physicians with incomplete reports and require them to supply the missing data. Paying for Appropriate Levels of Service One of the most pressing reasons to charge by the minute of recorded dictation time is that it can dramatically simplify billing and accounting. There is no need to confuse clients by making your pricing structure as complicated as the offers being touted for various cellular phone services.