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

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 [https://url.us.m.mimecastprotect.com/s/zxjCCgJNQgHXN2ExsohEC4wEHq?domain=youtube.com] Check out more of his content on his YouTube Channel: https://m.youtube.com/@locumcpa [https://url.us.m.mimecastprotect.com/s/hHbACNky5qcKwnRjTmfpCypU4l?domain=m.youtube.com]

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

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

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 1. Emotional exhaustion, mental and physical fatigue 2. Cynicism (loss of altruism) 3. Lack of engagement, feeling a lack of contribution or purpose 4. Depression/Addictions/Suicidal Thoughts Burnout leads to: 1. Poor quality of work and increased medical errors 2. Patient safety issues 3. Poor patient satisfaction 4. Lack of provider engagement 5. 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

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: 1. Please share this episode with anyone you think may find value in this. 2. Please drop some stars (leave a rating) on Spotify or Apple. 3. 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 4. 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