Legal Affairs: New legislation affecting Texas hospitals, see page 3
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The Leading Source for Healthcare Business News
September 2015 • Volume 12, Issue 6 • $3.50
Special Report: Physicians Salary Index
Locum Tenens industry growing; where do
you stand on the spectrum?
BY CHRIS MCDONALD, Regional
Vice President, Delta Locum Tenens
PLACEMENTS & INTERVIEWS
New imaging agent aids in
the diagnosis of patients
According to studies throughout the
Placement
Data by Specialty industry, the utilization of locum tenens
with Parkinson’s
This data represents average statistics of placements and interviews
by Delta Healthcare
over the
twelve-month
period.
physicians
is at Providers
an all
time
high,survey
and
is
see page 14
Since these averages only include placements and interviews, the compensation information presented is an indicator of the rate at which
only projected to grow as a more popular
practice in the coming years for physician
Average Compensation
Average Days
recruitment. In a recent survey
conducted
by a national staffing firm, 91 percent of the
259 healthcare facility managers surveyed
they
a locum
tenens
$10,543 indicated
$67,960
$6,250had used
6
66
1
physician at least once in the last 12 months,
$9,872 42 percent
$13,754
$4,125they are8 currently
82
2
said
looking
for one or more locum tenens physicians,
$4,500
$3,500
4
39
and$18,000
73 percent
of respondents
said
they14use
at least one locum tenens physician in a
$7,275
$54,063
$5,758
14
105
10
typical
month.
Candidate Sources
Speech Language
Pathologist
$74,120
Financial Perspectives.......4
$110,027
Allied/
Other
Integrative Medicine.........6
$143,667
Dentist
$9,750
Psychologist
$86,705
$5,000
Registered Nurse
$67,448
$10,692
Hospital Headlines...........8
$87,250
Physicians’ Forum.............9
Dir. of Nursing
Dir. Surgical Services
$85,009
Technology......................14
Nursing
$4,500
$5,000
-
Home Healthcare Dir.
$75,421
$30,000
Nurse Manger of ICU
$95,000
$5,000
Nurse Manger of OB/
GYN
$85,000
$5,000
$6,444
13
125
Fastest
Days-to-Fill
$79,000
. . . . . . . . . . . .
$5,000
Websites 4%
3.
Kansas
Data indicates sources of Delta Healthcare Providers permanent candidates
for placements and interviews from July 2014 through June 2015.
STAFFING
Years of Experience
The data below is comprised of travel placements made by Delta Heathcare
Providers over a three-month survey period.
15
As reported by this edition of The Standard,
$2,500
3 and primary
43
20
demand
for hospitalists
care
physicians make up almost half of requested
$55,000
8
searches,
and$6,143demand 6remains94 relatively
consistent
across
the
nation.
$27,500
$5,333
9
124
16
$31,800
$5,589
8
76
1
Although
evidence
supports
a much
greater
adoption
of
locum
tenens
practices
then
$5,000
13
95
61say,
that of five years ago, there is still hesitancy
7
89
89
on the
part of$3,000
hospital and
medical
practice
executives about making use of this
$5,000
5
134
85
valuable
resource.
Understandably,
the most
common
argument
to the
implementation
$5,000
6
72
72
of a locums physician to a recruiting facility
is the
initial cost
of the investment.
$5,000
$2,500
11
53
53
When- looking
at the
“bottom
line,”
$5,000
29
111
111
utilization of a locums physician requiring
Data reflects averages from placements and interviews by Delta Healthcare
Providers from June
2014 through
July 2015. “Average
Compensation”
reflects
a certain
dollar
amount
per
hourdatatoward
average yearly compensation for each position listed above. “Average Days” data does not include off-contract placements.
salary, plus travel and housing fees might
The benefits of
seem like a hindrance instead of a lucrative
investment.
plants in cancer
see page 6
However, in most instances, locum tenens
physicians more than pay for themselves
in terms of professional service revenue
Nurse Manger of
Surgical Services
Minnesota
Facility Demographics
100-200
29%
27%
24%
>200
27%
23%
<100
44%
Number of Beds
12%
<10k
10%
11%
1%
Practice Settings
2%
>50k
67%
10k-50k
23%
Community Population
(physician billing) and inpatient and
outpatient revenue generated for their
affiliate hospital.
Other arguments against utilization of
locum tenens physicians have included
patient satisfaction ratings, referring
physician satisfaction, and the argument
against temporary employment itself on
physician retention. In all, organizations
that use locum tenens physicians have
reported a positive impact toward their
organization. In instances where high
patient volume has increased wait times
for patients to receive treatment, overall
satisfaction rates plummet, as patients
choose to seek healthcare elsewhere, or at
a minimum share their woes with friends
and relatives (or whatever digital channels
Recent Grads
< 2 Years
2 - 5 Years
6 - 10 Years
> 10 Years
28%
$51,364
$49,667
New Mexico
5.
8%
Medical
Technologist
$7,167
4.
Alaska
23%
Physician Assistant
Texas
2.
17%
$122,099
THA.................................5
1.
24%
Extenders
Nurse Practitioner
Total
Placement
School
$80,544
From Interview
to Placement
Outpatient/
Inpatient
General
Inpatient
Physical Therapist
Legal Affairs......................3
Relocation
Reimbursement
Home Health
$80,270
Student Loan
Repayment
Skilled Nursing
Occupational
Therapist
Sign-on
Bonus
Cold Calls 11%
Referrals 5%
All Outpatient
Rehabilitation
Starting
Compensation
Compares all states for the top 5 candidate placements as initiated by Delta Healthcare
Providers from June 2014 through July 2015.
Top 5 States Providers Have Taken New Opportunities
eMarketing
63%
candidates are choosing to interview or sign. Average days information ca