Category Archives: Working Locum Tenens

Top 4 Specialties in Highest Demand for Locums

Across all specialties, physicians are in high demand throughout the country. A growing elderly population, an increase in number of Americans with health insurance, and physicians leaving the profession due to burnout are all contributing factors to the overall physician shortage. Because of this demand, locum tenens is more popular now than ever. As a locums…
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Your Guide to Locum Tenens

Today, there are over 100 agencies that provide temporary physician staffing, or locum tenens, services. As a physician, it is likely you have either heard of locum tenens of worked alongside a locums doctor at some point in your career. For those of you who are curious about locum tenens but unsure if you'd like…
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Why More Physicians Are Making the Switch to Locums

Whether you're fresh out of residency, in the middle of your career, or nearing retirement, locum tenens can benefit physicians of all ages, experience levels, and specialties. More and more physicians are opting for the locums life and enjoying the several benefits of going locum. In fact, 78 percent of residents and fellows and 64…
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How Can Part-Time Locums Boost Your Income?

What would you do with an extra $5,000, $10,000, or $20,000 a year? Maybe you'd add to your retirement plan or contribute to a child's college fund. Perhaps you'd complete a costly home repair you've been putting off or finally take that much needed vacation. Locum tenens makes it possible. As a locum tenens physician, you…
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Making the Transition to Locum Tenens

As a physician considering locum tenens, you've probably heard about the great benefits, such as competitive pay, travel opportunities, and flexible schedule. While these perks are great, there are other things to consider before choosing locums. How do I find job placements? How do payment and taxes work? What about liability insurance? These are all things…
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Locums Lifestyle: Myths vs. Reality

True or False: locum tenens is only for doctors who can't get a job anywhere else. False! Locum tenens can be an attractive option for many physicians coming from several different backgrounds and experience levels. Numerous benefits, like competitive pay, flexibility, and enhanced work-life balance are all advantages to working locums. You may have previously heard…
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Freelance Doctors: Take a Scalpel to Your Tax Bill

By Peter C. Thoms, CFA www.LocumTenensTaxStrategy.com Many freelance doctors who earn high income from self-employment are eligible to make very large annual, tax-deductible contributions to an IRS-approved retirement plan called a defined benefit plan. In many cases, they can contribute $100,000 or more annually—and thereby save $40,000+ in taxes every year while rapidly building a…
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Top 5 Reasons Doctors Choose Locums

Over the years, the locum tenens industry has continued to grown. This is even more true in recent years as the nation has experienced an unprecedented shortage of doctors in addition to an overwhelming jump in patient population. Competitive pay, career flexibility, and travel opportunities are the most obvious benefits of working locum tenens. However,…
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Reducing Your 2016 Tax Bill Just Got Easier

Wondering how you can reduce your 2016 tax bill? Working with a firm like Orion Capital Management LLC makes it easy by helping you to set up a defined benefit plan catered to you and your unique needs as a locum tenens physician. To make things even simpler, they've created an infographic that provides a quick visual summary…
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5 Vital Tips For First-Time Locums Physicians

There are many reasons physicians are drawn to locum tenens. Extra income, travel opportunities, and escaping burnout are just to name a few. Once you've made the leap and joined the thousands of other physicians choosing the locums life, it's time to prepare for your first assignment. After credentialing, finalizing rates, and completing licensing paperwork, you’re…
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