It's Important to Plan NOW for Vacation Coverage

As the country begins to thaw out after a long winter and the flowers start to bloom, your medical staff is naturally beginning to think about spring break and summer vacation. More seasoned physicians and advance practitioners may be entitled to three, four or up to six or even more weeks off. Hopefully you are already planning for vacation coverage in order to prevent any loss of revenue while your providers are away.

The Central New York Business Journal reported on average, physicians generate $1.5 million per year in net revenue for their hospitals/medical groups. One hospital CEO notes surgeons (Cardiovascular, Neuro, Orthopedic) generate $2.3 million per year! The loss of revenue from physicians going on vacation for weeks at a time can have a significant effect on your bottom line. Continuity of care is always a priority and losing patients and referrals to a competitor can have a lasting effect on your hospital or medical group.

You can resolve all concerns by using the services of a locum tenens firm, which can pay for itself when you are short staffed. Your locum tenens firm will arrange physician coverage for the timeframe you specify – short or long term. They will arrange all the details including physician reimbursement, malpractice insurance, roundtrip travel, lodging and rental car. Your hospital or medical group is charged a daily or hourly rate and your facility retains all the fees generated by the medical provider. Most importantly, you retain your patient and referral base and will continue to provide quality medical services to your patients and community.

So, NOW is the time to plan ahead – spring break and summer vacation are just around the corner! For more information on locum tenens services, please contact us.

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