More Doctors Are Leaving Healthcare. Could Working Locum Tenens Be The Answer To Stay In The Game?
COVID-19 has caused many people to look at their lives more closely and how they have been living them. About 25 percent of physicians are planning to retire earlier than planned as a result of their experience treating COVID-19 patients. Twelve percent are considering leaving medicine according to a Medscape report. The report also indicated that 62 percent of physicians said their income decreased since the beginning of the pandemic, with 33 percent reporting their income decreased by 11 to 25 percent.
Doctors Having To Close And Or Sell Their Businesses
Thousands of medical practices have closed during the pandemic, according to a survey from the Physicians Foundation of America, which surveyed 3,500 physicians. The survey found that 8 percent of the doctors reported closing their offices in recent month, which the foundation estimated could equal some 16,000 practices. Another 4 percent said they planned to shutter within the next year. The Paycheck Protection Program authorized by Congress to help businesses, including medical practices, with the economic fallout of the pandemic, helped many doctors remain afloat.
Burnout And Strict Practicing Guidelines
Approximately 64 percent of physics report higher burnout since the pandemic started. Forty six percent said they are lonelier due to stay at home social distancing guidelines. Other doctors report that their reasons for leaving stem from strict practice guidelines which left them feeling constrained in their careers. Some have left their conventual physician roles in order to pursue start up ideas in healthcare.
Physician Shortages Are Predicted To Become Worse
There’s an increased number of people looking for primary care doctors after the Affordable Care Act became viable. An aging population that requires more care and more medical students choosing specialties rather than primary care are also reasons why there is a looming primary care physician shortage. A survey completed in 2015 predicts there could be a shortage of 33,000 primary care physicians by 2035.
So, what’s the solution? Several family medicine organizations have launched a long-term initiative called 25 X 2030. Leaders in this effort will work for the next 10 plus years to ensure that by 2030 25 percent of combined U.S. allopathic and osteopathic medical school seniors select family medicine as their specialty.
Could Locum Tenens Be The Answer For Doctors To Stay In The Healthcare Game?
The word “Locum” comes from the Latin term meaning ‘place holder.’ A provider working as locum tenens is a person who temporarily fulfills the obligations of another. Therefore, In healthcare, a locums provider can be employed at a hospital or community healthcare facility that may be short staffed or need temporary coverage when another provider is on leave.
Locum tenens offer a variety of diverse experiences and the opportunity to see how various healthcare systems work. Locums also offers a diverse patient population from working in inner city to working in rural farmlands. If you are a health care provider looking for a change, are open minded, adventurous and flexible, you should definitely give Locum Tenens a try.
Some locum tenens assignments could be part time or offer a short-term assignment. Perfect if you are thinking about retiring from your full-time position, but you’d like to still keep one foot in the game. Locum Tenens can also be considered the ultimate ‘Work-Vacay’ experience. It’s literally paid tourism. You can work in amazing places that offer historical and local attractions that will add to your work life balance.