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03-19-2011, 05:37 PM
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#1
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Dryer sheet aficionado
Join Date: Apr 2008
Posts: 29
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Locum Tenens?
I am interested in semi retiring in a few years. Am considering doing Locum Tenens work. I know there are quite a few physicians/allied medical fields on this board and wondered if any had considered this. Any one have any experience with Locum work? If so how did it go? Would love to get some feedback on this.
torres9
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03-19-2011, 05:57 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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Many physicians who do locums are early in their careers, trying out new locations before committing. I did one short locum at the end of my residency, but it would not be my choice for ESR. Because I am in a specialized (ICU) field, doing locums as a way to make a living would probably require me to obtain licensing in multiple provinces (in Canada). Because of the complexity of my field and the importance of teamwork, it would be difficult to step into a new place for a week or two and deliver high quality service. Of course that might be different if one had a regular locum in the same place. As well, my type of clinical work is stressful and I honestly have no desire to prolong it beyond what is required. If I do ESR, I will do managenent consulting instead.
Rich in Tampa (an internist) has done locums recently but IIRC has given it up. I'm sure he will be along shortly.
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03-19-2011, 06:50 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Aug 2007
Posts: 1,224
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As Meadbh points out it works better in some fields than others. Emergency Medicine is probably one where it works well. Many ER's have one or more locums on staff at any given time. I work a regular locums job of 3-4 shifts monthly at the same hospital for a national staffing agency in addition to a regular staff position.
DD
__________________
At 54% of FIRE target
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03-19-2011, 10:30 PM
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#4
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Quote:
Originally Posted by Meadbh
Rich in Tampa (an internist) has done locums recently but IIRC has given it up. I'm sure he will be along shortly.
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The rest of us have to call that "Goin' to Vegas"...
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
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03-21-2011, 06:03 PM
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#5
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Dryer sheet aficionado
Join Date: Apr 2008
Posts: 29
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Thanks for ur replies.
Meadbh,
Agree that locums may be stressful. I do plan on being FI b4 semi er, however the uncertainties of a long er, health care coverage in the USA, and having kids, makes me want to continue working just in case!
Dbldoc,
Er work is well suited for locums. I like the idea of working in the same location, definitely something to explore!
Torres9
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03-22-2011, 08:00 PM
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#6
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Moderator Emeritus
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
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I looked into it but decided no. It does not pay well in my field, entails 1099 ss/MC taxes, and can take you away from home for weeks or months in some cases.
Importantly, for me, it generates the same kind of intense working involvement, paper work and other tasks I wanted to be rid of, though admittedly in short doses.
IMHO, a part-time salaried position can accomplish the same goal with the advantages of familiarity, work friends, and better tax and HR benefits.
Just some thoughts.
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
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03-23-2011, 01:43 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Posts: 1,719
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My father did locum tenens work towards the end of his career. As an anesthesiologist, it paid very well. My sibilings and I were all in college or out of school, so my parents enjoyed spending a few weeks or a month in a new location. He had his own personal corporation, so he was able to run things through it, deduct all of the expenses from the vacation, er... work and continue socking away money in his IRAs.
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He had one of those rare smiles with a quality of eternal reassurance in it . . . It faced, or seemed to face, the whole external world for an instant and then concentrated on you with an irresistible prejudice in your favor. -- The Great Gatsby, F. Scott Fitzgerald
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03-23-2011, 02:38 PM
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#8
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Quote:
Originally Posted by Jay_Gatsby
My father did locum tenens work towards the end of his career. As an anesthesiologist, it paid very well. My sibilings and I were all in college or out of school, so my parents enjoyed spending a few weeks or a month in a new location. He had his own personal corporation, so he was able to run things through it, deduct all of the expenses from the vacation, er... work and continue socking away money in his IRAs.
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I hear a lot about the relative quality-of-life advantages of being an anesthetist instead of the surgeon or the primary-care physician...
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
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I don't spend much time here— please send a PM.
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03-23-2011, 02:59 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Posts: 1,719
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Quote:
Originally Posted by Nords
I hear a lot about the relative quality-of-life advantages of being an anesthetist instead of the surgeon or the primary-care physician...
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There are those, but you probably haven't heard that the malpractice insurance is the 2nd most expensive - behind obstetricians.
__________________
He had one of those rare smiles with a quality of eternal reassurance in it . . . It faced, or seemed to face, the whole external world for an instant and then concentrated on you with an irresistible prejudice in your favor. -- The Great Gatsby, F. Scott Fitzgerald
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03-23-2011, 06:39 PM
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#10
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Quote:
Originally Posted by Jay_Gatsby
There are those, but you probably haven't heard that the malpractice insurance is the 2nd most expensive - behind obstetricians.
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Hadn't heard that!
I guess it's oxymoronic for such a competitive bunch of medical professionals to sit around debating who has the best quality of life and can retire the earliest...
__________________
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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03-23-2011, 07:09 PM
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#11
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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Quote:
Originally Posted by Nords
I hear a lot about the relative quality-of-life advantages of being an anesthetist instead of the surgeon or the primary-care physician...
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Anesthiologists work hard and have very long hours equal or longer than Surgeons . The Physicians that have the best quality of life in my opinion and Dermatologists . How many times do you think they get called it in the middle of the night ? I would bet almost never .
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