The Locums Tenens Strategist | Create A Career And Lifestyle On Your Terms

The Locums Tenens Strategist | Create A Career And Lifestyle On Your Terms

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Tired of working insane hours and missing out on things you love or time with family? This podcast is for physicians that are ready to take control of their skill set and create more balance using locum tenens work. This is not a sales pitch for locums but raw and real conversations with surgeons I've worked with plus inside industry perspectives. I've created over $36 million in income for the 230+ physicians I've worked with and look to share my best strategies. Grab my free Ultimate Locums Playbook: https://simonparsons.ck.page/locums Email me at: simon.parsons@comhealth.com

Simon Parsons | Locum Tenens Senior Advisor


    • Jan 16, 2025 LATEST EPISODE
    • infrequent NEW EPISODES
    • 20m AVG DURATION
    • 41 EPISODES


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    Latest episodes from The Locums Tenens Strategist | Create A Career And Lifestyle On Your Terms

    Global Locums: A Career of Impact and Adventure with Dr. Victoria Mohr

    Play Episode Listen Later Jan 16, 2025 21:07


    In this inspiring episode, we sit down with Dr. Victoria Mohr, an OB/GYN hospitalist with over 18 years of experience as a career locum tenens physician. Dr. Mohr takes us on a journey through her global locum tenens career, sharing how it differs from traditional medical missions and how she's crafted a life full of meaningful work and personal fulfillment. Passionate about global medicine, academic mentorship, and thriving in high-risk, high-volume settings, Dr. Mohr reveals how locum tenens has allowed her to make an impact around the world. From mentoring students who've gone on to lead in medicine to choosing assignments that align with her passions, she offers practical advice on starting your own locums journey and trusting the process to find assignments that truly fulfill you. If you've ever dreamed of combining your skills with the freedom to shape your career, this episode is a must-listen! You find out more about Dr. Mohr's work on her Facebook Page Victoria Mohr Foundation for Health & Humanity: https://www.facebook.com/VMFHH/ You can follow Dr. Mohr on Instagram: https://www.instagram.com/vmohrmd

    How to Set Up Your Locums Practice with Locum Tenens CPA Stephen Lee

    Play Episode Listen Later Sep 20, 2024 26:00


    Want to know if you should set up an LLC or S-corp for your locum tenens business? Today on the show I have a very special guest, tax expert and locums CPA Stephen Lee where we cover several important topics that new and experienced physicians can benefit from. We'll cover: 2 easy steps to take when you first start doing locums and why. The difference between LLC's, PLLC's and S-Corps. Why you shouldn't do a sole proprietorship as a locums. You can grab Stephen's E-Book 'A CPA's Guide To Locum Tenens: Tax Tips for New and Experienced Physicians here: stan.store/thelocumcpa Check out more of his content on his YouTube Channel: https://m.youtube.com/@locumcpa

    How To Create Demand And Negotiate Rate Increases In Your Locum Tenens Work

    Play Episode Listen Later Jul 23, 2024 41:53


    Today I have a special guest named Mark Robbins who is the Senior Director of People and Culture at Comphealth. Today we talk about the power of what we call 'incumbency' as well as setting yourself up for success by becoming a master of networking and social skills. We'll also go into some rate strategy as well as preparing you to have the 'home court' advantage in your locums assignments that will pave the way for you to create demand in your personal brand. New feature on Spotify: Leave me a comment or ask a question for me or my guests. Please drop me some stars on Spotify or Apple, it just takes a second to do. Please share with someone who can use this message. Grab my Ultimate Locum Tenens Playbook here: https://simonparsons.ck.page/locums If you would like to set up a strategy call with me (general, trauma or vascular surgery) or would like me to connect you with a reputable locums recruiter in a different specialty, please email me at: simon.parsons@comphealth.com

    Dr. Bruce Lynch Gives His Best Tips After 10 Years Of Locum Tenens Work

    Play Episode Listen Later Jul 16, 2024 18:03


    Today I have a chat with the very first physician I ever worked with! Col Bruce Lynch who I have worked with since January of 2014 shares his best practices and reflections of doing locum tenens work. He reflects on why he does locums and some of the benefits he has experienced as well as shares what he would tell someone who is considering doing locums work but hasn't started yet. New feature on Spotify: you can leave a comment for me or my guests or ask questions! Please drop some stars on Spotify or Apple; and share with someone who can use this message! Grab my Ultimate Locum Tenens Playbook here: https://simonparsons.ck.page/locums If you want to book a strategy call with me (general, trauma or vascular surgery) or have me connect you with a reputable recruiter in another specialty, reach out to me at simon.parsons@comphealth.com

    How To Conquer Physician Burnout (And Get Back To Loving Life)!

    Play Episode Listen Later Jul 8, 2024 31:20


    As a locum tenens recruiter, the number one reason why there has been such a boom in interest of locum tenens work is that people are getting tired of working 60-80 hours for weeks, months and years on end. Burnout is defined as: A syndrome conceptualized as resulting from chronic workplace stress that has not been successfully managed. It is characterized by feelings of energy depletion or exhaustion, increased mental distance from one's job, or feelings of negativism or cynicism related to one's job and reduced professional efficacy. Physician burnout dramatically increased after COVID, reaching above 50% overall for physicians as a whole and much higher in certain higher stress specialties. Symptoms of Physician Burnout Emotional exhaustion, mental and physical fatigue Cynicism (loss of altruism) Lack of engagement, feeling a lack of contribution or purpose Depression/Addictions/Suicidal Thoughts Burnout leads to: Poor quality of work and increased medical errors Patient safety issues Poor patient satisfaction Lack of provider engagement Poor retention rate and early retirement, or leaving the profession to do something else. Strategies I discussed on this episode: Start crafting out a plan of action of what you can do to change your current situation for the better (start by brain storming). Meditation or doing something meditative like walking in nature, painting or art, gardening (allows your brain to process information more efficiently), mindfulness allows you to recognize you are not your thoughts, but you have thoughts. Group support, being more vocal with leaders and colleagues instead of keeping it bottled up. Let go of expectations that you think other people have of you, set boundaries, say 'no' more often. Carve out time for what you love and who you love. Sleep, nutrition, exercise, sunlight Let go of 'no value' activities and things that don't make you feel good (news, financial and political news, social media, trim your emails and subscriptions), outsource for help with tasks that are not in your zone of genius, for me I have a Virtual Admin, an associate, hire people to do my landscaping and cleaning. Declare your day done when you are done, create an 'off switch' or ritual to declare you are done with work and create a system or plan for eliminating work communication when you aren't supposed to be at work. Rocks, Pebbles, Sand - Define what is most important to least important in life and prioritize those things. For me my rocks are my family, my health, my sleep and doing what I love. My pebbles (still are important) are my work and business ventures. Least important are things like TV, entertainment, water cooler talk, social media. When I sort my rocks first, I still have time for my pebbles and sand. Call to action: Please rate this podcast by dropping some stars on Spotify or Apple, just take a sec. Share this episode with someone who can use this message. If you would like to set up a 30 minute strategy call (for general, vascular or trauma surgeons) or if you would like me to refer you to a reputable recruiter you can email me at simon.parsons@comphealth.com Grab the Ultimate Locum Tenens Playbook here: https://simonparsons.ck.page/locums

    From Overwhelmed To A Balanced Life By Using Locum Tenens | Dr. Marilyn Stahl

    Play Episode Listen Later May 28, 2024 30:33


    In this engaging episode of The Locum Strategist Podcast, OBGYN Dr. Marilyn Stahl shares her fascinating journey from being overworked and overwhelmed in a private practice to having the courage to claim back her freedom by pursuing a locum tenens path. Dr. Stahl's candid recounting of the chaos in her life, from overwork to personal challenges, offers a relatable backdrop for anyone considering a change. Dr. Stahl provides invaluable insights for those exploring locum tenens work. She emphasizes the importance of thorough research, understanding the benefits of contracting, and building a strong relationship with your consultant. She discusses the autonomy to create your own schedule, the thrill of traveling to new places, and the joy of rediscovering your passion for medicine without the constraints of long-term contracts and hospital politics. Her advice on balancing professional goals with personal fulfillment is sure to resonate with many. Dr. Stahl shares the highs and lows of locum tenens work, from achieving work-life balance and ticking off bucket list items to the heartbreak of canceled assignments. Hear her heartwarming story of making a significant impact on a distressed team of nurses and her practical tips for integrating into new hospitals. This episode is packed with Dr. Stahl's personal stories and expert advice, making it a must-listen for anyone curious about the locums lifestyle. Your call to action: Please share this episode with anyone you think may find value in this. Please drop some stars (leave a rating) on Spotify or Apple. If you would like me to put you in touch with a reputable recruiter, leave feedback or requests, you can reach me at simon.parsons@comphealth.com Connect with Dr. Marilyn Stahl on LinkedIn: https://www.linkedin.com/in/marilyn-kindig-stahl-832851203 Grab my Ultimate Locum Tenens Playbook here: https://simonparsons.ck.page/locums

    How To Optimize Your CV For Locum Tenens Work

    Play Episode Listen Later May 10, 2024 14:45


    Today I'm going to show you step by step on how to optimize your CV specifically for locum tenens work. You can use these notes as a resource and list these sections in this order: 1. Contact Information Start with your name, address, and contact information at the top of your CV. Ensure your phone number and email address are current and professional. 2. Education List your educational background in reverse chronological order: • Fellowships: Specify the institution, your specialty, and the dates (mm/yyyy) you attended. • Residency: Include the institution, your area of specialization, and dates. • Medical School: Name the institution and the dates of attendance. • Undergraduate: List your degree, the institution, and your graduation date. 3. Work History Your work history should also be in reverse chronological order. For each position, include • The name of the hospital or clinic, • Your role or title, • The dates you worked there (mm/yyyy format), • A brief description of your duties and special achievements, especially those relevant to locum work. 4. Board Certifications Clearly list any board certifications you hold, along with the certifying body and the date of certification. 5. Certifications Include any relevant certifications such as Advanced Trauma Life Support (ATLS), Basic Life Support (BLS), Fundamental Laparoscopic Surgery (FLS), and Advanced Cardiovascular Life Support (ACLS). These are crucial for surgeons and highly valued in locum tenens roles. 6. State Licenses Make sure to include all state licenses that you currently have active, if you have an IMLC letter of qualification it would be good to include this as well. DEA's and Controlled Substance Permits are optional but in my opinion just add clutter and aren't needed. 7. Societies and Professional Memberships Detail any professional societies or memberships you are a part of, as these connections can enhance your credibility and network. Optional Items While not essential, you can include awards, recognitions, and publications if they are relevant and recent. Keep this section brief to maintain focus on your primary qualifications. Proofreading Your CV Before submitting your CV, ensure it is free from spelling and grammar errors. Here are a few tips: Use a reliable spell checker, but don't rely solely on it. Read your CV thoroughly to catch errors that automated tools might miss. Have a colleague or mentor review your CV. A fresh set of eyes can catch mistakes and offer valuable feedback. Read your CV out loud. This can help you catch awkward phrasing or errors that you might overlook when reading silently. Use a Clean, Professional Format • Consistent Formatting: Use a clean, professional format with consistent fonts and clear headings. This makes your CV easier to read quickly. • PDF Format: Save and send your CV as a PDF to maintain the formatting across different computers and operating systems. Use Chat GPT for feedback, questions, spell check or revisions. You an copy and paste your CV (or upload it) and tell it exactly what to do by using prompts. Here are some examples of what a prompt is: "Generate a professional summary for a surgeon with 10 years of experience in trauma surgery."  "List action verbs for describing surgical duties in a CV."  "Help me format the education section of a medical CV with reverse chronological order."  "Suggest concise descriptions for surgical procedures commonly performed in locum tenens assignments."  "Review this bullet point for clarity and impact: [insert bullet point]."  "What are some effective ways to highlight locum tenens work specifically in a surgical CV?"  "Create a list of professional societies related to general, trauma, and vascular surgery."  "Draft a brief section on ATLS certification for a surgical CV."  Please drop me some stars on Apple or Spotify! Contact me at simon.parsons@comphealth.com

    Best Practices On Nailing Your Locum Tenens Job Interview

    Play Episode Listen Later Apr 11, 2024 18:25


    On this episode I'll share some best practices on how to nail your phone or virtual interview for your locum tenens position. These days, about 60% of the locums assignments that we book require 1 or sometimes multiple interviews before they get the green light. I'll share some of my best tips to set you up for success and many of these tips can be used for perm interviews or can give you some ideas on improving communication skills as well as how to play to your strengths and some good questions to ask. Please share this episode with someone who can use this message and don't forget to rate this podcast if listening to on Apple or Spotify, it takes just a second to drop some stars! If you are a general, trauma or vascular surgeon, you can book a 30 minute strategy call with me here: https://calendly.com/simon-parsons/physician-strategy-call If you would like to leave feedback, suggest a topic, ask a question or have me put you in touch with a reputable recruiter please email me at simon.parsons@comphealth.com Thank you for your support!

    Passion & Adventure: Dr. Genevieve Jacobs Shares Her 3 Year Locum Tenens Journey

    Play Episode Listen Later Apr 3, 2024 33:54


    What is it like to do Locum Tenens as a career? I had the incredible opportunity to interview PM&R physician Dr. Genevieve Jacobs as she dives deep into her 3 year career out of residency as a career locum tenens physician. In this value packed episode, Dr. Jacobs details what its like to travel all around the country, including up to Alaska. She shares her best practices when it comes to integrating into a new hospital setting, how to find a reputable locums agency and recruiter, what questions to ask before you book a locums assignment and most importantly: the number one piece of advise she would give to anyone who is thinking about doing locum tenens work. Dr. Jacobs now documents her locum tenens journey and uses social media to help educate other physicians on the things that she wish she knew when she first started. Connect with Dr. Jacobs Website & blog: https://www.drjacobshealth.com/ Instagram: https://www.instagram.com/thelocumlady/ LinkedIn: https://www.linkedin.com/in/genevievejacobsdo/

    Set Yourself Up For Locums Tenens Success By Proactively Cultivating Your Network Of Advocates

    Play Episode Listen Later Mar 22, 2024 23:14


    Imagine getting booked for your dream locums gig. Everything looks great, you've done all the paperwork, your plane tickets and hotel is booked and you are getting ready to leave for an assignment and you get a call from your recruiter telling you that they couldn't get you through credentialing! It happens, especially when working with inexperienced recruiters that look the other way and ignore red flags or don't properly qualify their candidates. While some things are out of your control, one thing that is in your control is making sure you have a solid list of references that you can count on. In this episode I'll be breaking down how you can set yourself up for success by asking your recruiter exactly what you need to pass credentialing and not leave it to chance. I'll also share with you some nightmare scenarios that can happen when you don't get intentional about cultivating your list of locum tenens advocates (aka references). I will also tell you exactly what I would do if I was a physician looking for locum tenens work. Your calls to action: Please drop a rating (stars) on this podcast if you are on Apple or Spotify, it just takes a minute! If you are a trauma, vascular or general surgeon you can schedule a 30 minute strategy call with me here: https://calendly.com/simon-parsons/physician-strategy-call?month=2024-03 If you'd like me to refer you to a reputable recruiter in a different specialty, or leave feedback or topic suggestions you can email me at: simon.parsons@comphealth.com

    What You Need To Hear About Locum Tenens Work (Start Here)

    Play Episode Listen Later Mar 17, 2024 11:09


    I don't want to sell you on Locum Tenens work. What I want to do is give you an objective peek inside the Locums world and decide for yourself if its right for you. I've done extremely well as a locum tenens recruiter by giving candid feedback to the physicians I talk with. I tell them the bad and the good. Today's episode is a compilation of clips I've shared on social media from some of the interviews I've done with the doctors I've worked with. Locum tenens is not right for everyone, but it might be a very good fit for people who: More control over their schedule and skill set. Want to work part time or phase into retirement. Value flexibility and freedom over title/status/money. Want to pay off bills in between residency & fellowship. Sick of hospital politics and 60-80 hours work weeks. If you are a trauma, general or vascular surgeon you can set up a 30 minute strategy call with me here: https://calendly.com/simon-parsons/physician-strategy-call You can also email me if you would like to leave feedback, request a topic or have me refer you to a reputable recruiter: simon.parsons@comphealth.com Please share this episode and take 1 minute to 'drop some stars' on this podcast (Apple or Spotify).

    How To Have A Winning Hand In The Game Of Locums Tenens

    Play Episode Listen Later Mar 8, 2024 21:14


    Did you know that winning a locums contract is kind of like playing a game of cards? In a crowded locums market, it helps to know what makes for a 'winning hand' because you may be competing with multiple agencies and each of those agencies may be fighting to get their doctors in for that job. In this episode I'll break down what a 'presentation' is in the locums world and how to maximize your chances of being the one with a winning hand. Here is a recap of the most important factors in securing a locums position (having a winning hand), its important to remember that if you don't have these it doesn't mean that you won't get the job, but by having these it means you will have a strong hand: Availability for all dates in the job. Skill set that matches the job requirments Clean malpractice record (no pending cases or NPDB issues) Licensed in the state of the job & certifications Can qualify for credentialing (meets required counts, case logs or clinical activity requirements) Rates are competitive How You Can Support This Podcast: Please share this podcast with someone who could use this episode and drop some stars for me on Spotify or Apple, it just takes a second. Contact me: You can email me at simon.parsons@comphealth.com if you would like me to put you in touch with a reputable recruiter. You can also use that email to leave me feedback, ask questions or request a topic. Strategy Call: You can also schedule a 30 minute strategy call with me if you are a general, vascular or trauma surgeon: https://calendly.com/simon-parsons/physician-strategy-call

    Finding The Courage To Make A Career Pivot + Locums Jam Session | Dr. Jesus Rosado

    Play Episode Listen Later Feb 29, 2024 23:10


    One of the hardest things to do in your professional career is to make a pivot when you've invested so much time, money and energy going in a certain direction. If you stay the course you risk burning out, hating what you do and being miserable (which affects how you perform and others around you. But making a pivot could mean feeling like a failure or letting other people down. On this episode, I speak with General Surgeon Dr. Jesus Rosado about having the courage to make that pivot and why it may be the best thing you could do. We'll also talk about doing locum tenens work as a new physician and how to use locum tenens work as a bridge between residency and fellowship. We cover a lot of great topics on this value packed 23 minute episode! Action items: Make sure to schedule a 30 minute strategy call with me if you are a vascular, general or trauma surgeon and interested in locum tenens work: https://calendly.com/simon-parsons/physician-strategy-call If you are not a surgeon but would like me to refer you to a reputable recruiter you can email me at simon.parsons@comphealth.com You can also ask me questions, send me feedback or request a topic. I would love it if you would share this episode with someone who can use this message. Please rate this podcast, it just takes 2 seconds on Apple or Spotify, just pull out your phone and drop some stars!

    Pros & Cons Of Setting Up A Locum Tenens LLC (Resources in the show notes)

    Play Episode Listen Later Feb 22, 2024 13:15


    One of the questions I get the most is "should I set up an LLC" when it comes to creating income from Locum Tenens. In this episode I'll break down some of the pro's and con's of setting up an LLC so you can make the best decision as it relates to your personal situation. * Please note: I am not a tax strategist, accountant or lawyer so make sure to do your due diligence and recognize this episode is not a specific recommendation for any tax strategy or business entity. I've used this company for setting up 2 of my LLC's and they have done an exceptional job: https://laughlinusa.com/ I recommend getting with a tax strategist to see how locums and creating an LLC can fit into the bigger picture of your overall situation, they can give you a higher level view and create a 'tax strategy' that takes into account your entire situation. I like to use Chat GPT (AI App that is free to use or has a paid subscription of $20 per month) to act as a virtual admin or to bounce ideas off. Inside Chat GPT is a 'Custom GPT' called 'US Tax Advisor' that I can ask tax related questions. AI is known to make errors so always double check any crucial data. For example I can ask Chat GPT about deductions or tax forms needed or common questions about taxes without having to search through a bunch of websites or set up a call with an accountant or tax strategist. If you are a general, trauma or vascular surgeon you can book a strategy call with me here: https://calendly.com/simon-parsons/physician-strategy-call If you would like me to refer you to a reputable locums recruiter or like to leave feedback, ask questions or request a topic please email me at: simon.parsons@comphealth.com

    3 Simple Strategies For Staying Organized and Efficient As A Locum Tenens Professional

    Play Episode Listen Later Feb 13, 2024 13:21


    Today I'm going to share 3 ways to stay highly efficient and organized when it comes to locum tenens work. I work with a lot of physicians and see how much easier or hard it can be to keep up and a lot of that has to do with how you stay organized, and starting off the right way will help you for years to come. On this episode I'll share with you some easy ways to keep your email in check, plus all of your documents such as certifications, board certs, applications, diplomas in one place where you can access them anywhere and anytime. Ill also share with you how to use a shared calendar that you can use with your spouse or partner as well as your locums rep. If you would like to book a 30 minute strategy call with me (vascular, trauma or general surgeons only): https://calendly.com/simonwparsons/physician-strategy-session?month=2024-02 If you would like to request a topic, ask a question or have me connect you with a reputable recruiter you can email me at simon.parsons@comphealth.com My favorite apps for organization: Google Drive Google Calendar GMail Asana (project management app)

    8 Communication Strategies To Help You Become A High Demand Locum Tenens Physician

    Play Episode Listen Later Feb 5, 2024 22:07


    Want to know the #1 things that causes physicians to get cut short on locum tenens assignments (or not get asked back)? Believe it or not it's interpersonal issues and social skills, and that is something that can be totally avoidable. But on top of that, becoming a great communicator creates more demand and helps you get booked more, and asked to return more after you get in; plus you can have an influence on rates and scheduling! In this episode I'll share some of the ways that physicians can 'get in their own' way when it comes to communication, and a lot of times its simply a lack of self awareness. I'll also share some simple tips and strategies on how to build rapport and connection; and how to get your locums rep motivated to make you their biggest priority. Resources mentioned on this episode Book recommendation: How To Win Friends And Influence People by Dale Carnegie. Grab The Ultimate Locum Tenens Playbook: https://simonparsons.ck.page/locums Book A 30 Min Strategy Session (for general, vascular or trauma surgeons only): https://calendly.com/simonwparsons/physician-strategy-session Feedback, Questions, Topics You would like me to cover; or if you would like me to refer you to a reputable locum tenens rep: simon.parsons@comphealth.com Please Rate This Podcast and share with someone who could find value from the content. Quick Recap: It pays to have a good relationship with your recruiter. Do a vibe check, be aware that your energy is transferrable. Ask great open ended questions that show you care. Be aware of the culture and how much or little they would like you to contribute. Treat everyone with respect, especially the support staff. When emotions run high, have a 'plan' to avoid conflicts. Know your audience when it comes to 'colorful language'. Talk less, listen more (great advice for any profession).

    How To Find A Reputable Locum Tenens Recruiter & Agency (And Why It Matters)

    Play Episode Listen Later Jan 29, 2024 18:51


    Want to know one of the biggest mistakes most physicians make when selecting a locums rep or agency to work with them? They don't realize that they have a choice of who they get to work with. They simply start talking with the reps that are right in front of them without taking the time to figure out if that is the best option they could have. You could work with a rep that has been on the job for a few months. You could work with a rep that is thinking about their paycheck before yours. But you could also work with a rep that has years of experience and a proven track record of results (results mean they are getting physicians booked and taking care of them). In this episode I'll share with you 8 pillars to look out for when finding a rep or an agency to work with. Experience matters but more importantly it doesn't cost you ANYTHING to work with the best locum tenens rep (or the worst one). Make sure to grab my Ultimate Locum Tenens Playbook here: https://simonparsons.ck.page/locums Trauma, Vascular and General Surgeons can book a 30 minute strategy call with me here: https://calendly.com/simonwparsons/physician-strategy-session Feedback, topic suggestions or if you'd like me to refer you to a reputable locum tenens rep, you can email me at simon.parsons@comphealth.com Episode Recap: You get to choose who you work with, you don't have to work with the first rep or company that you talk to before committing to anyone. Ask about history and results. Feedback from Peers: Talk to other physicians who have worked with the company or recruiter. First-hand experiences provide invaluable insights. Specialization - jack of all trades/master of none. does the company specialize in certain areas or have teams/reps that specialize? Story about learning about trauma surgeons, use analogy of specialization in medicine Transparent communication - make sure they are open and communicate well when it comes to rates, locations, presentations. Support Services - ask about their support services when it comes to travel, credentialing, malpractice, licensing and payroll. Do they have dedicated people or teams or does the rep handle it all? Personal connection - You want a recruiter who listens and understands your career goals and personal preferences. They should feel like a career partner, not just a job provider. Flexibility and Variety: A diverse range of opportunities means you can find assignments that truly fit your lifestyle and career aspirations. Malpractice Insurance: Ensure the company provides adequate malpractice insurance coverage. It's a critical aspect often overlooked. If you have questions, ask to be in touch with someone who can give you the answers that you need.

    The Shocking Truth About How Much Overworked Physicians Get Paid For Their Time

    Play Episode Listen Later Jan 22, 2024 18:35


    Do you know how much you are actually making for your time? Physician salaries may seem high on the front end but if you are working 70, 80, 90 hours per week then your time for yourself is slipping away at the same time you are getting paid less. On this episode I'll be talking about how to calculate your numbers and figure out 1) how much you are actually making, 2) how much you need to make (your budget number) and how to find out 3) how much you need to work using locums to hit your numbers. #1 Your real hourly rate: Your yearly salary/weeks per year/hours per week. For example: $400k salary/49 weeks per year/40 hours per week = $204 per hour. $400k salary/49 weeks per year/80 hours per week = $102 per hour, significantly LESS per hour and LESS time to do what you want in life. #2 Your Budget Number = all of your expenses including loans, discretionary income, food, car, house, investments, savings x 1.4. For example: My expenses/savings/investments come out to $192k per year, multiplied by 1.4 for taxes = $268k per year. I need to meet or exceed this number WITHOUT taking time away from my family or things I want to do in life. https://www.calculator.net/budget-calculator.html #3 Know Your Locums Number - talk with your locums recruiter and find out what is the average daily income a physician in that specialty makes, they should have plenty of data. Once you know your Budget Number: divide it by the Daily Number, then divide that number by 12 to get the number of days per month you need to work to hit your Budget Number. For example: $300k per year (budget number)/$1400 daily rate/12 months per year. This means you need to work 18 shifts per month to make $300k per year. From there you can optimize your income or time even further. Grab the Ultimate Locums Playbook Here: https://simonparsons.ck.page/locums If you are a vascular, general or trauma surgeon you can book a 30 minute strategy call with me here: https://calendly.com/simonwparsons/physician-strategy-session For questions, feedback, topic suggestions or if you would like me to connect you with a reputable recruiter you can email me here: simon.parsons@comphealth.com How much are you making per hour? $250k at 40 hours per week = $127.55 $250k at 50 hours per week = $102.04 $250k at 60 hours per week = $85.03 $250k at 70 hours per week = $72.87 $300k at 40 hours per week = $153.06 $300k at 50 hours per week = $122.45 $300k at 60 hours per week = $102.04 $300k at 70 hours per week = $87.44 $300k at 80 hours per week = $76.53 $400k at 40 hours per week = $204.08 $400k at 50 hours per week = $163.27 $400k at 60 hours per week = $136.05 $400k at 70 hours per week = $116.62 $400k at 80 hours per week = $102.04

    The 5 Regrets Of The Dying | Redefining Success, Wealth & Freedom Through Locum Tenens

    Play Episode Listen Later Jan 15, 2024 16:51


    What do the 5 regrets of the dying have to do with being a physician or locum tenens work? A decade ago, an impactful book was published by a Palliative Nurse who spent 20 years interviewing people in their last days about the regrets they had in life. The 5 most common regrets are: I wish I would have lived a life true to myself and not based on the expectations of others. I wish I hadn't worked so hard. I wish I had the courage to express my feelings. I wish I would have kept up with my friends. I wish I would have let myself be happier. Every day I see more and more people who are unsatisfied with their current path, working 60-100 hours per week, stressed out and losing their passion for medicine because they are being worked to hard. You have a choice and can opt out of the current paradigm but it starts with setting direction. This will be a 2 part episode on how to reverse engineer getting what you want in life. Don't wait until the end and 'wish you would have', instead, be glad that you did but taking the steps you need to right now. Make sure to grab the Ultimate Locum Tenens Playbook Here: https://simonparsons.ck.page/locums If you are a vascular, trauma or general surgeon you can set up a 30 minute strategy call with me here: https://calendly.com/simonwparsons/physician-strategy-session If you'd like to leave feedback, ask a question or have me refer you to a reputable locum tenens recruiter you can email me at simon.parsons@comphealth.com

    The Quickest Way To 10x Your Locum Tenens Footprint (Jobs Available To You)

    Play Episode Listen Later Jan 8, 2024 14:41


    Want to 10x your success with locum tenens work? This episode will tell you how to do it. Today's show we will be talking about the Interstate Medical Licensure Compact (IMLC). This episode is your key to understanding how this innovative initiative is revolutionizing the way surgeons practice across different states. As more states join this initiative, the IMLC is emerging as a significant force in modernizing medical practice. It offers a streamlined approach to licensing, opening doors to practicing in multiple states. This is the IMLC's promise – a gateway to diverse opportunities and professional freedom. The benefits for surgeons are substantial and exciting. The IMLC paves the way for enhanced flexibility, consistent work, and a broader range of opportunities, particularly in locum tenens roles. It's about taking your valuable skills to where they're needed most, often leading to a more fulfilling career and a higher rate of success in diverse clinical environments. For the full scoop on how to be part of this exciting venture, make sure to listen to the episode. We've packed it with all the essential information, presented in a clear and straightforward manner. Make sure to grab my Ultimate Locum Tenens Playbook here: https://simonparsons.ck.page/locums If you are a trauma, vascular or general surgeon and would like to set up a 30 minute locum tenens strategy call with me, book here: https://calendly.com/simonwparsons/physician-strategy-session Feedback/topic suggestions or want me to put you in touch with a reputable recruiter? Email me at simon.parsons@comphealth.com

    Trauma Medical Director Shares Why Every Physician Should Consider Locum Tenens Work

    Play Episode Listen Later Jan 2, 2024 23:01


    What could you learn about locum tenens work from a trauma medical director who has decades of experience in not only building up trauma centers but has spent years doing locums work as well hiring other locums physicians to staff his facilities? In this episode of the Locum Tenens Strategist Podcast I hop on a casual call with someone I consider a friend but who has also worked with me for years helping trauma centers with locums coverage. Dr. Chris Salvino graduated from Loyola University then became a well known trauma surgeon who ended up starting trauma programs in Chicago and then Arizona. He share's his perspective as a locums but also what he does to take care of the locums physicians that visit his facility in Lake Havasu, Arizona. He shares his best practices on integrating into a new environment as a locums and why every physician should consider doing locums work. You can grab my Ultimate Locum Tenens Playbook Here: https://simonparsons.ck.page/locums If you are a general, trauma or vascular surgeon you can book a 30 minute strategy call with me here: https://calendly.com/simonwparsons/physician-strategy-session Questions, feedback or topic suggestions? Email me at simon.parsons@comphealth.com

    Pediatrician Reveals What Is Possible In Just 3 Years Of Locum Tenens Work

    Play Episode Listen Later Dec 26, 2023 43:43


    Are endless hours of work, burnout and suffocating under a mountain of student debt a requirement to participate in the medical field? It certainly can seem like it is in this day and age of healthcare, but there are a rare few who reject the paradigm. This is the inspiring journey of Dr. Trevor Cabrera, a pediatrician who transformed his life and career through locum tenens work. Dr. Cabrera's story is not just about escaping the clutches of staggering student debt; it's a tale of how a strategic career move can lead to unprecedented freedom and financial security for physicians. His achievement of paying off his student loans within a mere three years, while simultaneously maximizing his retirement contributions, is nothing short of remarkable. Locum tenens work could be the key to unlocking a more fulfilling and balanced life for physicians struggling with burnout, overwhelming workloads, and financial burdens. But how did Dr. Cabrera accomplish all this? In this episode, Dr. Cabrera opens up about the blend of freedom, compensation, connection, adventure, and autonomy that locum tenens work offered him. His journey across the country wasn't just a professional endeavor; it was a quest for personal growth and adventure, culminating in a dream month-long trip to Europe, financed entirely through savvy accumulation of credit card and travel rewards. The details of how he managed this are both intriguing and instructive, yet we've only scratched the surface in this brief overview. For any physician feeling the weight of debt or the burnout of a demanding medical career, this episode is a must-listen. Dr. Cabrera's experiences offer a blueprint for how locum tenens can redefine the concept of a successful medical career, providing a path to financial freedom and a lifestyle that prioritizes personal well-being and adventure. But the full depth of his insights and advice – those nuggets of wisdom that could be the turning point in your career – are reserved for the episode. Make sure to check out Dr. Cabrera's blog here: https://thenomadicpediatrician.com/ https://www.linkedin.com/in/thenomadicpediatrician/ Make sure to grab my Ultimate Locum Tenens Playbook Here: https://simonparsons.ck.page/locums If you are a vascular, trauma or general surgeon you can book a no pressure 30 minute strategy call with me here: https://calendly.com/simonwparsons/physician-strategy-session Feedback, topic suggestions or want me to put you in contact with a reputable rep? Email me at simon.parsons@comphealth.com

    Orthopedic Surgeon Blows Up These 7 Myths About Locum Tenens Work

    Play Episode Listen Later Dec 18, 2023 18:06


    Does the thought of doing locum tenens work make you feel like there might be people who judge you for it? Don't worry, things have changed and the people who create these myths about locums work are behind the times. In this episode, I'm sharing some insights and locums myths debunked by Dr. Laura Bruse that was posted on the Comphealth Blog. I'll be adding some of my perspective and commentary from what I see when it comes to these myths about locums work. This isn't to try to sell anyone on locum tenens work but just to provide some perspective because when I first started in this industry back in 2013, it did feel like there was a stigma around it. Things have definitely changed in the last decade and both hospitals and health care providers have largely embraced the idea of locum tenens work; while younger physicians are craving the flexibility and freedom that it can provide. If you are a general, vascular or trauma surgeon you are welcome to book a 30 minute, no pressure strategy session with me: https://calendly.com/simonwparsons/physician-strategy-session Here is a link to the Blog article by Dr. Bruse: https://comphealth.com/resources/exploding-7-locum-tenens-myths-a-physicians-perspective If you'd like to grab my Ultimate Locum Tenens Playbook: https://simonparsons.ck.page/locums Questions, topic suggestions or want me to refer you to a reputable recruiter? Email me at simon.parsons@comphealth.com

    9 Amazing Tax Deductions You Can Take As A Locum Tenens Professional

    Play Episode Listen Later Dec 11, 2023 11:13


    It's not about how much money you make, but how much money you KEEP after taxes. Most locum tenens physicians start out their work an receive income as a 1099, basically 'side hustle' money. But the best way to do it is to set up the right entity for you to be able to maximize your deductions (make sure to get with a tax professional who does strategic tax planning, not just an accountant or bookkeeper). Once you have the right entity set up that is in context with your work and family situation; you can create a strategy that aligns with your professional and financial goals. You can download my new Ultimate Locum Tenens Playbook right here: https://simonparsons.ck.page/locums If you are a general, trauma or vascular surgeon you can book a 30 minute no-pressure strategy session with me: https://calendly.com/simonwparsons/physician-strategy-session?month=2023-12 Feedback - want to suggest a topic or ask a question, or have me put you in touch with a reputable recruiter? You can email me at simon.parsons@comphealth.com The book I mentioned in the episode is the Tax Free Wealth by Tom Wheelwright.

    Travel Hacking: 5 Ways Physicians Have Fun Adventures Using Locum Tenens Work

    Play Episode Listen Later Dec 4, 2023 14:54


    Is travelling and seeing new cities and parts of the country exciting for you? If you are someone who loves to travel, locum tenens work is a great way for you to do that and many of the physicians that I work with get very creative on how to maximize adventures around the country! In this episode I'll share with you: Understanding what is typically included when it comes to travel and lodging during a locum tenens assignment. Little known hacks that you can take advantage of when it comes to travelling. 5 stories of how physicians I've worked with get creative and integrate travel and their hobbies into their locum tenens assignments. Is travel important to you? If so, where do you want to go and what parts of the country are you excited to see? If you are a general, vascular or trauma surgeon and would like to schedule a strategy call with me and talk about how locum tenens work can help you design a lifestyle that you love, you can book a call with me here: https://calendly.com/simonwparsons/physician-strategy-session

    Overworking Our Healthcare Providers MUST Change & Locum Tenens Will Force Transformation

    Play Episode Listen Later Nov 27, 2023 18:41


    Big Corporations that are forcing our healthcare workers (the heroes that are saving lives) to work unsustainable workloads is not a long term, ethical or sustainable solution to creating more corporate profits, its actually doing the opposite. We all know that stress, burnout and even suicide rates are at all time high when it comes to our healthcare providers. Big hospital groups in their search for more and more quarterly profits try to save money by forcing people to work more and more. But what it really does is push more healthcare workers to either leave medicine or adopt locum tenens work to create a better work & life balance, which also costs hospitals more. In this episode I'll be talking about the 2 biggest reasons why locum tenens has grown at a 27% growth rate over the last several years. There has been a huge generational shift on what is important to us when it comes to having success in our careers and lives. Generation Z and Millennials are craving more flexibility and freedom at the same time where Boomers are ready to exit the practices that they've held for 20, 30 and 40 years to have more freedom. I believe locum tenens work will force change in the healthcare system one way or another; but either way, you have the option to live your life on your terms. In this episode I mentioned this article which I believe needs to be shared: https://nurse.org/articles/nurse-died-by-suicide-letter-to-abuser/ If you are a general, trauma or vascular surgeon and you'd like to set up a 30 minute no pressure strategy session where we can talk about locum tenens as a pathway to better flexibility, freedom and income, you can book a call here: https://calendly.com/simonwparsons/physician-strategy-session

    What You MUST Know About Locum Tenens Credentialing Before Quitting Your Job

    Play Episode Listen Later Nov 20, 2023 14:32


    Want to avoid getting into a really bad situation of not being able to get credentialed for locum tenens work, or even worse, practicing medicine again? Unfortunately that happens to some physicians when they take time away from work for a much deserved break without understanding what is required for credentialing at the locums agency or the hospital/clinic that they are working at. In this episode I'll dive into the 4 most important things that a credentialing entity will look for so that you are prepared to do locum tenens work or for that matter, getting back into the practice of medicine after a longer break. The 4 areas we'll discuss in this episode is: clinical activity, time gaps, malpractice & NPDB reports and references needed. Best practices: If you'd like to as me a question or have me answer a topic about locum tenens work, taking control of your skill set, reducing burnout and overworking, or income you can send me a message at simon.parsons@comphealth.com If you are a General Surgeon, Trauma Surgeon or Vascular Surgeon and would like to set up a no pressure strategy call, please set up an appointment here: https://calendly.com/simonwparsons/physician-strategy-session

    Understanding Rates And Creating Leverage For Higher Locum Tenens Compensation

    Play Episode Listen Later Nov 13, 2023 18:01


    Want to know what goes into locums rates and how to create leverage for getting the best rates that you can? In this episode I'll de-mystify locum tenens compensation on both the physician and client side and help you get a better understanding of how you can understand ways to get the best possible rates you can without pricing yourself out of deals. I'll talk about 3 myths that I hear about when it comes to locum tenens compensation. I'll also cover how to understand if your specialty is 'job heavy' or 'physician heavy' and how that can play a role in your ability to negotiate higher rates as well as how to partner with your locum tenens representative or agency to create a 'win, win, win' when it comes to rates. If you are a general, trauma or vascular surgeon and would like to set up a strategy session with me, please send me an email at simon.parsons@comphealth.com. Also welcome to hearing from you about questions you would like me to answer or topics I can cover when it comes to Locum Tenens work! Thank you so much for listening!

    The Locum Tenens Journey Step By Step From Interest To Money In The Bank

    Play Episode Listen Later Oct 17, 2023 14:18


    Want to know what the entire locum tenens journey looks like from start to finish? In this episode I'll be sharing the step by step process from initial interest in doing locums work, all the way up until money is landing in your bank account. I'll be covering: Initial consultation, getting an updated CV, prospecting for jobs, getting confirmed, paperwork & credentialing, travel, orientation, working your assignments, and then getting paid for your work. Have any questions about this process? You can also set up a strategy call with me if you are a general, trauma or vascular surgeon. Reach out to me at simon.parsons@comphealth.com Thanks!

    3 Ways To Easily Create An Irresistible CV And Set You Apart As A Locum Tenens!

    Play Episode Listen Later Oct 9, 2023 9:19


    Does your CV look boring and undistinguished? Or does it stand out from the crowd? In this episode I'll share why its important to make sure your CV looks attractive, relevant and professional, then I'll give you 3 resources to easily get your CV looking sharp! Method #1: Use Kickresume.com, this is an AI app that asks you questions about your work history and experience and then uses Artificial Intelligence to create a resume for you, which you can add, delete or refine to your liking. Once you are done with that, you can select an attractive Template that allows you to stand out. https://www.kickresume.com/en/ai-resume-writer/ Method #2: Canva.com - (for more hands on) This is my favorite easy to use graphic design app and I use it all of the time in my business. You can sign up for a free (or paid) account and search for a medical resume or physician resume and it will give you an enormous selection of templates. Once you find one that you like, you can go into that template and replace the standard text with your own custom text. Easy to modify troo Method #3: Hire Freelance Services: type in "Medical Resume (or CV)" or "Physician Resume (or CV)" in the search bar. Look through some of the vendors and find one that aligns with your goals and also has good reviews. Fivver: https://www.fiverr.com/ Upwork: https://www.upwork.com/ 2 More Tips: Make sure your 'final copy' is saved as a PDF file, this is the one that you send out to your recruiters or apply for jobs with. Make sure if you outsource that you get a copy in a file that you can edit (for example Microsoft Word) without having to pay additional fees for small changes.

    How To Use Locum Tenens To Free Yourself From The Hustle And Grind | Dr. Omar El Shiekh

    Play Episode Listen Later Sep 14, 2023 35:59


    Have you ever wanted to have MORE time with your family or to do what you love but have been worried about leaving the 'security' of a full time job? If so, you have got to listen to this episode with Double Boarded Trauma Surgeon Dr. Omar El Sheikh. In this episode we'll discuss: How to get away from the non-stop grind of a permanent job that keeps you from having quality time with your family or the things that are important to you. How locums can actually make you MORE money than a perm job while allowing you to take month long vacations. How to create your own locums personal brand that allows you to work where you want, when you want and keep your skill set diversified. Experiencing different work 'cultures' through locums and learning how to adapt to those work environments. You can reach out to me at simon.parsons@comphealth.com if you are a general, vascular or trauma surgeon and would like to set up a strategy session on how to use locums to create more time, more income and m ore flexibility in your career.

    Why Am I Not Getting Confirmed? | Understanding What Goes Into A Locum Tenens Confirmation

    Play Episode Listen Later Aug 31, 2023 16:14


    Not getting confirmed can be a frustrating process! But don't worry, I got you covered! I'll give you a look behind the scenes and show you how many factors that need to line up to create a confirmation for a locum tenens assignment. It's not you! Feedback or questions: simon.parsons@comphealth.com

    The Dark Side Of Locum Tenens: 5 Red Flags Of Shady Recruiters

    Play Episode Listen Later Aug 17, 2023 19:43


    In this episode I'll share with you 5 things to be on the look out for when working with Locum Tenens agencies & recruiters. Here are some guidelines of what should be the standard when it comes to you being presented for locums jobs, as defined by NALTO (National Association of Locum Tenens Organizations): At a minimum, disclose the following information to a candidate when requesting permission to present such candidate to a client: a. The name of the client. b. The name of the facility and the location of the worksite. c. The time frame of assignment. d. The clinical requirements.

    How Locums Can Provide Career Independence & Prevent Burnout | Trauma Surgeon Felix Boecker

    Play Episode Listen Later Aug 9, 2023 29:42


    On today's episode I get to talk with a friend, a colleague and someone who I used to do locums work with, double board certified Trauma Surgeon Felix Boecker. This is a solid conversation where we talk about how locums gives physicians a level of independence over their career & skill set. We also talk about the physical, mental & financial costs of physician burnout and how locums as well as mindset & mindfulness strategies can create more happiness and balance in your career. Felix created the 5P System for helping professionals use mindset & personal development to live a life of contribution and helping others without succumbing to burnout, depression and suicide. He also provides career coaching and guidance for medical professionals. Connect with Felix here: https://linktr.ee/felixboecker

    The 2 Biggest Pain Points Of Doing Locum Tenens (And How To Solve Them)

    Play Episode Listen Later Jul 25, 2023 14:35


    In this episode we'll talk about 2 major pain points that physicians have when it comes to doing locum tenens work: credentialing & paperwork as well as dealing with references. I'll give you some of my best practices when it comes to dealing with both of these to make your locums process much more digestible when it comes to these two things. If you are a general or trauma surgeon and would like to set up a strategy session, please reach out to me at simon.parsons@comphealth.com

    2 Incredible Tips To Make An AMAZING First Impression On Your First Locum Tenens Set

    Play Episode Listen Later Jul 12, 2023 7:19


    They say first impressions are everything! In this episode I'll share 2 incredible tips with you that will set you up for success on your first locum tenens assignment. The first one is one that I use as well as one I coach my doctors on, the second one is actually from one of my physicians that he uses (and the hospitals LOVE him)! If you are a general or trauma surgeon and interested in having a discussion about locums work you can message me at: simon.parsons@comphealth.com

    Show Me The Money! 3 Things You Can Do To Boost Your Success With Locum Tenens

    Play Episode Listen Later Jul 7, 2023 13:09


    On todays episode I'll share with you 3 things that as a physician you can do to help your locum tenens rep have more success in getting you placements. Make sure you work with a rep that you trust and one that will go the extra mile in marketing you to clients as it can be a competitive field. If you'd like me to answer a question or suggest a topic leave a comment or send me a message! General & Trauma surgeons you can schedule a strategy session here: https://calendly.com/simonwparsons/physician-strategy-session

    Taking Control: The Top 5 Reasons Why People Do Locum Tenens Work

    Play Episode Listen Later Jun 30, 2023 19:58


    In this episode, I'll be sharing the top reasons why surgeons and other specialists do locum tenens work. I'll also share how I found my way into locum tenens and how I ended up at one of the best companies to work for (Ranked #3 out of the top 100 best places to work, according to Forbes in 2013). For questions about locums, topic requests (or if you are a general surgeon you can schedule a strategy session) please email me at simon.parsons@comphealth.com.

    5 Important Factors That Affect Your Ability To Get Confirmed For A Locum Tenens Assignment

    Play Episode Listen Later Jun 29, 2023 22:10


    In this Episode I'll dive into the 5 most important things that will impact your ability to get confirmed for a locum tenens assignment. Make sure to stay tuned to the end and I'll give you a bonus idea on how you can get into the drivers set and take control of future assignments! For questions on locums or topic suggestions (or for general/trauma/vascular surgeons to schedule a locums strategy session) please reach out to simon.parsons@comphealth.com

    Video: Trauma Surgeon Chris Salvino On Using Locum Tenens For Skill Set Diversity

    Play Episode Listen Later Jul 3, 2020 9:30


    Here is a 10 minute interview I did with Trauma Surgeon Chris Salvino on 3 reasons why he does locum tenens work and leaves a few valuable tips on how to network within a hospital once you start a locums assignment. Please feel free to reach out to me at simon.parsons@comphealth.com

    Video: Trauma Surgeon Jon Bowersox Discusses Team Building On Locum Tenens Assignments

    Play Episode Listen Later Jun 24, 2020 13:21


    Jon Bowersox discusses his history working with the military and as a Johnson and Johnson executive and how he uses team building, trust building and staying clear of locums politics. Feel free to shoot me a message at simon.parsons@comphealth.com

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