Celebrated on March 30, National Doctors’ Day is an annual event to honor the service of physicians across the country. While many of those that work in the healthcare profession know about this special day, there still exists a lot of unknown information about its origins.
For those who love to travel, having a permanent, full-time job often means feeling tied down. This doesn't have to be the case, though. For medical clinicians, there is an option that allows for traveling while working: locum tenens.
With this work, you don’t have to rely on limited vacation days to travel. Instead, you can explore new and exciting locations and make money at the same time. Alternatively, you can make your vacation pay double by accepting a locum tenens assignment while using paid time-off from your full-time role.
Editor's note: This post was originally published March 13, 2017 and has been updated for Match Week 2019.
The Match is something every doctor remembers. Years of school, intense study and preparation lead to this moment when medical students learn where they will spend their next three to eight years or more in specialty training.
Match Week 2019 is around the corner, with Match Day on Friday, March 15th. To all medical students heading into Match Week — congratulations! No matter what happens, you’ve worked hard to get here and should be proud of your accomplishments.
As self-employed, independent contractors, locum tenens clinicians don’t have access to a traditional employer-sponsored retirement plan, such as a 401(k) or pension plan. But that doesn't mean that they should not or cannot save for retirement, they just need to find alternatives to ensure long-term financial stability.
Fortunately, there are several different retirement plan options available, each with their own benefits. In this post, we're going to walk through the alternative ways that clinicians can save for retirement while working locum tenens.
Many myths circulate around locum tenens work, and these can cause qualified practitioners to avoid this exciting career path. It can also keep clinics and other healthcare centers from finding the professionals that they need. Therefore, we believe that it is important to continue debunking these fallacies so that the truth about locum tenens becomes more widely known.
In reality, locum tenens work provides diverse experiences, the chance to travel, and needed flexibility. Here are some myths about these roles along with facts to dispel them.
Just like the medical industry itself, trends in physician recruiting are constantly changing. This reflects adjustments in the demand for particular specialties. As such, locum tenens clinicians can use this information to plan their assignments for the year ahead.
Which Fields are in the Highest Demand?
In 2018, five fields stood out as being in highest demand, according to a report by national healthcare search and consulting firm Merritt Hawkins, and this trend should continue into the first part of 2019:
Topics: Industry Updates
As we enter tax season, it’s important for locum tenens clinicians to plan accordingly to avoid surprises. When working locum tenens, you are considered independent contractors, and there a few things to know when filing your taxes.
What is an independent contractor?
An independent contractor is someone who is considered self-employed. This means they will receive a Form 1099-MISC and are subject to self-employment tax. Additionally, independent contractors are paid without taxes being held. They may be required to pay quarterly estimated taxes or taxes on the amounts paid throughout the year.
As an independent contractor, you have distinct advantages and challenges when preparing your taxes. Here are a few tax planning tips to help navigate the upcoming tax season:
Demand for locum tenens workers is growing, but that doesn't mean that it's easy to find the ideal position. Instead, you must take a strategic approach to efficiently find the role that suits you the best. To do this, we suggest focusing on these key factors:
1. Job Preferences
The first step to landing a locum tenens job is knowing where you want to go. This means deciding on things like the type of facility you want to work in, the location, duration of assignment, pay and other crucial factors. Defining your preferences before starting your job search will increase your chances of finding a role that fits your needs and wishes.
Topics: Interview/Hiring Tips
There are a number of benefits to working locum tenens, notably the ability to travel from state to state for various assignments. The downside: you may need to obtain a medical license in the state you choose to work.
The licensing process varies by state. While some medical boards are able to deliver licenses within a two-week period, larger states like California and New York could take several months. The Interstate Medical Licensure Compact (IMLC) can even help clinicians become licensed in multiple states sooner than through standard licensure.
Despite the state-specific requirements or route you take, there are a few factors that hold true for every locum tenens clinician when getting licensed in a new state:
Topics: Licensing & Credentialing
Whether you’re considering locum tenens or just starting your journey, you can learn a lot from experienced locum tenens clinicians. These three clinicians chose VISTA because of the personalized service, assistance with licensing and certifications and location flexibility. Here’s what they had to say:
Dr. Mark Rholl, a recent retiree, used to work locum tenens assignments in various locations. Here’s why he considered locum tenens:
“I was at a meeting sitting next to someone a little younger who mentioned what a great experience he had working locum tenens. That piqued my interest, along with the fact that it could be part-time, I could work 2-6 months, then have some time off to be with family or to do some traveling.”
Dr. Rholl worked with VISTA from 2012 to 2018, which gave him an opportunity to travel and explore new communities. His wife, Carol, usually accompanied him on his assignments, and together they were able to visit places like Chinle, AZ, Ignacio, CO (with the Northern Navajo), and in rural Hana, HI. On advice for a doctor considering locum tenens:
About VISTA Staffing Solutions
Founded in 1990, VISTA Staffing Solutions helps hospitals, medical practices, and government agencies in the US optimize their physician staffing, ensure quality and continuity of care for patients, and maintain financial stability. A leading provider of US Locum Tenens and Permanent Physician Search Services, VISTA has 30 years of experience providing award-winning service in the locum tenens industry.