WHAT IS LOCUM TENENS?
Locum tenens is taken from a Latin phrase meaning “to hold the place of.” A locum tenens physician is a physician who provides temporary services within a healthcare facility. Locum tenens physicians contract with Onyx M.D. to provide temporary physician services for a specified amount of time. Onyx M.D. locum tenens providers are independent (1099) contractors, not employees of Onyx M.D.
WHY SHOULD I USE LOCUM TENENS?
Locum tenens physicians ensure continuity and quality of care for your patients, help preserve your referral networks, and generate revenue. Simply put, locum tenens providers prevent lost revenue. Physician vacancies cost healthcare facilities millions each year. This lost opportunity cost is enormous. Not having the right physician in the right place at the right time can literally cost your organization its bottom line. By utilizing locum tenens, you can provide a quick solution to short-term and long-term staffing needs providing continuity of care for your patients and sustain revenue.
WHY SHOULD I CHOOSE ONYX M.D.?
Founded by a Physician, for Physicians
Our founder is a board-certified physician with a proven track record of building physician practices, giving Onyx M.D. a unique perspective of the challenges our clients face in finding AND retaining quality healthcare providers. Physicians often align with organizations that have their best interest at heart. In addition, our physician-centric model grants us access to unique providers due to our strategic relationships with various physician organizations; giving Onyx M.D. a higher placement rate than the industry average.
With Onyx M.D., you will have your own dedicated recruitment team, regardless of the specialty or the location of your facility. Your team is not only responsible for filling ALL of your locum tenens needs, they are also committed to building a pipeline of quality candidates that are licensed in each state so adequate resources are at hand for your future needs.
“XVantage” Cost Savings Discounts
Having used locum tenens in many practice management scenarios, our physician leadership team recognized that locum tenens coverage can be a significant, but often necessary expense. Based on this, the Onyx M.D. XVANTAGE Program was born. This program is intended to help organizations obtain coverage that is necessary to meet the demands, while offsetting some of the cost of locum coverage. Our Onyx M.D. XVANTAGE program provides our facilities with several cost savings discounts to benefit our clients.
WHAT SPECIALTIES DO YOU PROVIDE?
OnyxM.D. provides physicians in all specialties, with the exception of Dentistry. We also provide coverage for Nurse Practitioners, Physician Assistants and CRNA’s.
DOES ONYX M.D. PROVIDE PERMANENT PLACEMENTS?
Yes. However, we feel that the best approach to finding the best match while keeping attrition rates low is the “working interview” model. We define success by measuring both objectives of recruiting and retaining physicians. Most forget about the attrition or retention part of the equation. We call this our Onyx M.D. Fusion Model which was designed to make the locum tenens, or “working interview”, cost effective and successful with industry unique discounts.
HOW DO I GET STARTED?
The first step will be to get a detailed practice description in place so we can ensure that we present the most qualified candidates to your facility. Once we have an understanding of your need, we will send you a contingent agreement for signature. Our search is free and there is no obligation to use OnyxM.D. exclusively or accept any of our providers, this agreement simply gives OnyxM.D. ownership over our candidates and allows us to present CV’s for your consideration. Once we have a signed agreement, we will begin sourcing candidates based on your specific needs.
HOW MUCH WILL A LOCUM TENENS PHYSICIAN COST?
The cost for a locum tenens provider will vary depending on specialty. Our daily rates include provider compensation, malpractice insurance and professional services costs. Our unique advantage that comes with physician leadership allows for the most competitive pricing in the industry. While many of our competitors are increasing prices, Onyx M.D. has many ways to keep costs within reason while meeting goal of a successful match. Please contact on of our representatives or call us at 877-466-9963.