CHG Healthcare Releases 2024 State of Locum Tenens Report
April 16 2024 - 11:00AM
Business Wire
This year’s report highlights locum tenens
helping to bridge coverage gaps, ease burnout, and build revenue
for healthcare organizations
CHG Healthcare published the 2024 State of Locum Tenens Report,
tracking the emerging and continuing trends in the
temporary-physician staffing industry. CHG is the nation’s largest
provider of locum tenens — or temporary, traveling healthcare
provider — services. Highlights of the 2024 report include:
- The growing healthcare provider shortage has made hiring
full-time staff much more difficult for healthcare organizations,
and more and more are utilizing locum tenens to bridge coverage
gaps
- Burnout remains a challenge across the healthcare industry, and
many organizations are leaning on locum tenens to relieve pressure
and provide respite for full-time staff
- Many organizations have realized they are leaving money on the
table by not properly billing for locum tenens services and are
finding that locums can generate revenue for their organization
when billed correctly
- Organizations that hesitate to use locum tenens are often
suffering from lack of coverage and lost revenue
- The number of physicians working locum tenens continues to
increase year over year
“Healthcare organizations continue to face a challenging
environment with a physician marketplace that is tighter than ever
as physicians look for new career solutions that work for them,”
said Leslie Snavely, CHG President. “Our job as an industry is to
help our clients deliver high-quality patient care, closing
coverage gaps in a way that delivers for both physicians and
healthcare organizations. As you will see in this report, these
care gaps in the market would be even greater if not for locum
tenens.”
Supplementing core income, work/life balance, and career
transitions were the most commonly cited reasons for physicians
choosing to work locum tenens. Nearly half of physicians (46%)
choose to work locum tenens to supplement their core income, while
29% say it was because the salary was appealing. Locum tenens is
also frequently used to fill a career gap, whether it is between
phases of training (13%), searching for a new job (24%), or
transitioning to retirement (13%). Another top reason is to have
more control over their schedule for a better work/life balance
(27%).
“Having the ability to decide how much or how often I work
rejuvenates me and prevents the burnout I see in my colleagues,”
said hospitalist Dr. Tammy Allen.
“The theme that keeps recurring to me is balance,” said Scott
Beck, CHG CEO. “Hospital staff are looking for a better work/life
balance that will allow them to provide the best patient care while
being present with their families, hobbies, and life outside of
work. Healthcare organizations are struggling to balance coverage
gaps with the growing burnout crisis and provide the
highest-quality patient care in a timely manner. And everyone is
looking to balance their books.”
View the full report here.
About CHG Healthcare: Since founding the locum tenens
industry in 1979, CHG Healthcare has been powerfully serving the
healthcare workforce to make a difference in human lives. Through
our trusted brands — CompHealth, Weatherby Healthcare, RNnetwork,
Global Medical Staffing, Locumsmart, and Modio — we provide
temporary and permanent placement of physicians, allied health
professionals, and nurses to healthcare facilities across America
(and even in international destinations). Thanks to dynamic
partnerships, we’re helping clients build a more sustainable
healthcare workforce. Our unique culture of caring and purpose
benefits the lives of our people, while also extending to the
communities where we live. Learn more at chghealthcare.com.
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Katie Drake Director of Public Relations 801-971-9626
Katie.Drake@CHGHealthcare.com