ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Staff Care Survey: Locum Tenens Physicians Play Active Role in Treating Covid-19 Patients

Most Not Deterred by the Virus from Taking Temporary Assignments

Close to three quarters (71%) of locum tenens physicians and other advanced practice healthcare professionals working on a temporary basis have treated Covid-19 patients, according to a new survey, suggesting that locum tenens practitioners have played an important role in providing care during the pandemic.

Conducted by Staff Care, a national physician staffing firm and a company of AMN Healthcare (NYSE: AMN), the 2021 Survey of Locum Tenens Providers examines the practice patterns and preferences of locum tenens physicians, nurse practitioners (NPs), physician assistants (PAs) and certified registered nurse anesthetists (CRNAs). Healthcare providers who work as locum tenens (Latin for “to hold a place”) fill temporary assignments that may last from one day to over one year.

According to the survey, most locum tenens providers were not deterred by Covid-19 from taking temporary assignments. Only 5% said they stopped working temporary assignments due to the virus, while 22% reduced the number of assignments they accepted. However, the majority (55%) said the virus did not cause them to change the number of temporary assignments they accepted, while 18% said they increased the number of temporary assignments they accepted as a result of the virus.

“Locum tenens physicians and other locum tenens providers have been widely used for years to fill gaps caused a shortage of healthcare professionals,” said Jeff Decker, President of Staff Care. “Having a mobile resource of providers that healthcare facilities can draw on can be particularly useful when healthcare challenges spike, as they have with Covid-19.”

Freedom and Flexibility

The majority of providers surveyed (81%) identified freedom and flexibility as the primary benefit of locum tenens work, followed by per diem pay rates (55%) and the opportunity to travel (50%). Ninety percent indicated that locum tenens is as satisfying or more satisfying than permanent practice, while only 10% said it is less satisfying.

“Many physicians and other providers are burned out by the administrative and reimbursement hassles that come with medical practice today,” Decker said. “Locum tenens allows for a comparative degree of freedom and the ability to focus on treating patients, which is what healthcare providers enjoy the most.”

Wide Acceptance

Though locum tenens physicians and other locum tenens providers were once an anomaly at hospitals, medical groups, and other healthcare facilities, they are common today, according to Decker. Staff Care estimates that approximately 52,000 physicians work as locum tenens during the course of a year. The great majority of those surveyed indicated that they are accepted at the temporary assignments they work. Ninety percent said they are accepted by colleagues, 82% said they are accepted by administrators, and 96% said they are accepted by patients.

More NPs and PAs Working Locum Tenens

While physicians have been working on a locum tenens basis for many years, the survey suggests more NPs and PAs also are working as locums. Sixteen percent of providers who responded to the survey were either NPs or PAs, up from 8% in 2016. According to Decker, the growing number of NPs and PAs working as locums indicates shortages may be developing in these professions.

“As we have seen with nurses and physicians, when shortages occur temporary providers are used to fill gaps,” Decker said. “This is now happening with NPs, PAs and other advanced practice professionals.”

Staff Care’s 2021 Survey of Locum Tenens Providers was emailed in March to physicians and advanced practice professionals known to have worked as locum tenens in the previous 12 months. Data is based on 672 responses. For complete results of the survey call 800-685-2272 or access https://www.staffcare.com/2021-survey-of-temporary-physician-staffing-trends/.

About Staff Care

Staff Care is a leading healthcare staffing firm providing locum tenens physicians, advanced practitioners and dentists to hospitals, medical groups, government facilities, and other healthcare organizations nationwide. Staff Care is a company of AMN Healthcare (NYSE: AMN). For more information about Staff Care, visit www.staffcare.com.

About AMN Healthcare

AMN Healthcare is the leader and innovator in total talent solutions for healthcare organizations across the nation. The Company provides access to the most comprehensive network of quality healthcare professionals through its innovative recruitment strategies and breadth of career opportunities. With insights and expertise, AMN Healthcare helps providers optimize their workforce to successfully reduce complexity, increase efficiency and improve patient outcomes. AMN total talent solutions include managed services programs, clinical and interim healthcare leaders, temporary staffing, executive search solutions, vendor management systems, recruitment process outsourcing, predictive modeling, language interpretation services, revenue cycle solutions, credentialing and other services. Clients include acute-care hospitals, community health centers and clinics, physician practice groups, retail and urgent care centers, home health facilities, schools and many other healthcare settings. AMN Healthcare is committed to fostering and maintaining a diverse team that reflects the communities we serve. Our commitment to the inclusion of many different backgrounds, experiences and perspectives enables our innovation and leadership in the healthcare services industry. For more information about AMN Healthcare, visit www.amnhealthcare.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.