|
Item |
Cost In US$
per year |
Explanation |
| Salary |
30000 |
Replace this number with your current Average salary for a medical transcriptionist |
| Benefits |
8000 |
Health, Vision, Dental, Life Insurance, Cost of Managing the above, Professional Training, Tution reimbursement Assuming that the person works in a 6X6 Cubicle and a usage of 200% common area usage., Annual rate of 20$ per Sft of |
| Real Estate |
2000 |
Medical Office Rate |
| Computer Equipment |
2000 |
PC, Software, Upgrades, Maintenance, Internet Connection |
Furniture and associated
Office Equipment |
1000 |
Depreciation on Cubicle, Desk, Chair e.t.c |
| Management |
5000 |
Assuming that a mid level manager is in place and manages a group of 15 medical transcriptionists. This manager would cost about 75000 a year. Consider a salary of 45000 a year and the same over heads listed here for the manager too. |
Recurring Expenses like
Phones and Consumables |
1000 |
Approx |
| Utilities |
500 |
Approx |
| Miscellaneous |
|
Account for the depreciation and maintenance of the dictation system and related server software and hardware. |
| Total Cost |
49500 |
|
Get started with TransDyne and save on your medical transcription costs today!
|
Productivity |
Lines per a 8 hour work
day |
1250 |
We can expect an output of 1000 to 1500 lines a day depending on the skill level of the medical transcriptionist |
| Work hours in a year |
1920 |
40 hours a week * (52 weeks - 3 weeks in vacation and sick leave - 6 national holidays) |
| Lines per year |
300000 |
Medical office rate |
| Downtime in % |
10 |
Downtime caused due to equipment failure, Lack of work e.t.c |
| Actual Lines produced in a year |
270000 |
|
| Actual Cost Per Line |
18.33333333 |
|
See increased productivity! Try TransDyne medical transcription free for 7 days.
Volume - Cost Comparision |
|
Current Cost per
line (in cents) |
TransDyne Rate
per line (in cents) |
Monthly volume |
Monthly savings with
TransDyne in US $ |
Yearly savings with
TransDyne in US $ |
|
18.33333333 |
10 |
100000 |
$8,333.33 |
$100,000.00 |
|
18.33333333 |
10 |
200000 |
$16,666.67 |
$200,000.00 |
|
18.33333333 |
10 |
300000 |
$25,000.00 |
$300,000.00 |
|
18.33333333 |
10 |
400000 |
$33,333.33 |
$400,000.00 |
|
18.33333333 |
10 |
500000 |
$41,666.67 |
$500,000.00 |
Note: If you currently outsource your medical transcription job or have a quote from a competitor, just put the rate in cents per line in the last record and input the volume in lines per month in the appropriate field to see your savings.
Lower your costs. Get TransDyne started on your medical transcriptions today!
|
Volume - Cost Comparision |
|
|
|
|
|
|
|
|
|
|
2 |
$210 |
Note: Subsitute the number of recorders with the actual number you would need to give your total startup cost.
Get started with TransDyne and save on your medical transcription costs today!
|
