Insights

Maximizing Your Earnings: Understanding FMV in Healthcare

In the dynamic world of healthcare, physicians are increasingly seeking flexibility, variety, and autonomy in their careers. One avenue that offers these benefits is locum tenens work. As a temporary placement, locum tenens positions can provide physicians with unique opportunities to explore different clinical settings, geographic locations, and work-life balances. But how does this translate into overall compensation and career satisfaction? Let's delve into the reasons why physicians might consider locum tenens and weigh the pros and cons of this career choice. All locums work (and pay) really comes down to the first rule of economics: supply and demand.

In the evolving landscape of healthcare, the role of a medical director has become increasingly pivotal. As healthcare organizations strive to deliver quality care while navigating financial pressures, regulatory requirements, and technological advancements, the need for effective leadership has never been greater. DocPay dives into the essentials of becoming a medical director, the administrative role you will assume and how to maximize your compensation.

Various types of Physician Compensation Plans and the degree of “financial risk” the physician assumes