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Medical Practice - Page 10


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and earn enough money to begin paying off debts. Physicians employed under such an
arrangement do not share in the HMO's profits (or losses).
Group Member Position
In this case the physician members sign on as partners and as such have a direct interest
in the success of the organization whose profits they share. This arrangement is an
option for those physicians for whom salaried or solo practices are not attractive
because they prefer fixed hours and wish to avoid all the other burdens that a private
practice involves, even if it means possibly having a lower income.
Affiliated Position
This is an arrangement where physicians who belong to a group known as an
Independent Practitioners Association (IPA) are contracted to serve a segment of an
HMO's patient load. The primary activities of such physicians are outside of the HMO
and not involved in the organization's business success.
Locum Tenens
After completing residency training, some physicians, albeit a minority, have opted to
defer their decision for a while and have elected a more mobile form of practice. They
have chosen to serve as substitutes in areas where there is a shortage of doctors. They
are called locum tenens, the Latin name for place holder. They usually obtain their posi-
tion through a placement agency, but some freelance. The locum tenens concept was
developed to entice physicians to come to rural areas and to keep them there. They were
used to substitute for physicians who wanted time off for vacations and continuing edu-
cation, or who were ill. To replace them during such intervals, a network of temporary
physicians was organized.
Currently, it is estimated that 12,000 physicians in every age group and specialty are
working as locum tenens. While the majority of them are over 50 and semiretired, the
fastest growing group are recent residency graduates. The reasons for engaging in this
work are the desire to travel and the opportunity to explore a variety of different prac-
tices. In addition, since this is a way to keep living expenses down, new physicians can
use their savings to more rapidly pay off their medical school loans.
For some new practitioners this may prove to be a good transitional phase but they
need to be aware of all of the ramifications. An assignment may last for a few days or
several months and may vary from steady work in one area to practicing in widely sepa-
rated locations. In addition, practitioners are responsible for their own health insurance.
A major consideration is the impact of relocating one's family, both in physical and psy-
chological terms, and it can prove costly in view of the need to store some belongings
and ship others. Naturally, for single people, these problems are less troublesome.
There are currently about 25 agencies placing physicians, with CompHealth-Kron
being the largest, but some prefer the freelance route. The key to success using this
approach is to arrange a steady flow of assignments using an organized marketing plan.
In addition to this substantial challenge, the freelancers must handle all the administra-
tive details, such as obtaining and paying for medical licenses and malpractice insur-
ance, travel and housing arrangements, etc., normally taken care of by the booking
agency for a fee, which may be up to 40% of the client's income.
Practicing Abroad
Physicians seeking opportunities to serve overseas can contact the following
sources for information:
National Council for International Health
1701 K Street NW Suite 600
Washington, DC 20006
(202) 833-5900
University of Phoenix
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