What Does it Cost to Fill Physician Vacancies with Locum Tenens?
Darcy Devine • April 21, 2016
According to our research, the average cost of a locum tenens physician is approximately $1,600 per day. This includes an 8-hour shift plus being on-call until the next shift begins. (Rates vary significantly based on physician specialty.) The $1,600 per diem does not include travel or lodging expenses.
These and many more findings are published in a report, Cost of Physician Staffing Services: Hourly Rates for On-Site Work and On-Call Coverage,
which is available for sale on this website here.
(We would like to share the report with you. So, please send me an email at ddevine@buckheadfmv.com
if you would like a free copy.)
The study focuses on rates included in government contracts with 91 different physician staffing firms across the country. The data reflects 75 physician specialties and allied health positions and includes hourly rates for on-site services and hourly rates for after-hours on-call services and weekend on-call services. The summary below provides a nice overview; however, if you really want the details, send us an email.
We ranked the 30 largest healthcare services and information technology deals of 2018, according to our database, by valuation multiple. The lowest reported price to EBITDA multiples (10x or lower, sorted alphabetically) are listed below.
We ranked the 30 largest healthcare services and information technology deals of 2018, according to our database, by valuation multiple.
We ranked the 30 largest healthcare services and information technology deals of 2018, according to our database, by valuation multiple. The highest reported price to EBITDA multiples (15x or higher, sorted alphabetically) were as follows:
Healthcare services organizations rely on a variety of intangible assets to create business value, including patient and customer relationships, medical records, trade names, assembled workforce, licenses and certifications, non-compete clauses, proprietary technology, software, and others.
For those of you who’ve been involved in a transaction where the only asset transferred is a certificate of need, you’ve probably found that market data is scarce for CON-only deals.
CON Laws, Scope of Practice Restrictions, and Provider Non-Compete Clauses Targeted in New Trump Adm
On Monday, December 3, 2018, the Department of Health and Human Services (HHS) – in collaboration with the Departments of the Treasury and Labor, the Federal Trade Commission, and several offices within the White House – released a report detailing recommendations for improving choice and competition in the healthcare industry.
One of the questions we get asked a lot is how valuations have changed over time.
One of the many benefits of tracking healthcare transactions closely and maintaining a very large database of deals where we can get reliable price to EBITDA and revenue multiples is that it provides insight into profit margins for segments where other financial benchmarking information is sparse.
The most important component of a valuation of an accountable care organization (or other multi-provider network that relies on risk-based shared savings models) is the revenue forecast, which involves “probability-adjusting” future shared savings payments in some manner.
CMS' offers a helpful online tool that shows provider market saturation levels at the national-, state-, and county-levels for the following health services:
