Essential business and financial blueprints for Locum Tenens professionals. Covers 1099 taxes, malpractice tail insurance, and contract negotiation.
The Interstate Medical Licensure Compact is the most practical tool available to locum physicians for expanding assignment access and negotiating leverage. This guide covers how the IMLC works, which states participate as of 2026, what the application process actually involves, and how to use multi-state licensure strategically in locum work. Editorial note: IMLC participation and…
A locum tenens contract review is not optional — it is the single step between a good assignment and an expensive mistake. This guide covers what to read, what to negotiate, and what to walk away from before you sign any locum agreement. Editorial note: This article is for educational purposes only and does not…
For locum physicians earning income as 1099 independent contractors, the S-Corp election is one of the most consequential tax decisions available — and one of the most misunderstood. This guide breaks down exactly how the S-Corp election works for locum physicians, what the 2026 numbers actually look like, and how to determine whether the structure…
The locum tenens bill rate is the single most important number in your compensation — and the one your agency will almost never volunteer. Understanding how locum tenens agencies make money, what the bill rate actually covers, and where your cut lands is the foundation of any serious negotiation strategy. Editorial Note: Locum Pay Guide…
Disclaimer: This article is for educational purposes only and does not constitute legal or insurance advice. Malpractice coverage terms vary significantly by specialty, state, and individual assignment. Consult a licensed insurance professional before making coverage decisions. Quick Facts: Locum Tenens Malpractice Insurance Factor Detail Most common policy type Claims-made (agency-provided) Occurrence policies Available but less…
Editorial Note: Locum Pay Guide is an independent educational resource. No staffing agency, malpractice provider, or financial service pays to influence our content. Affiliate relationships are disclosed. Our editorial positions are our own. Quick Facts: Locum Tenens Compensation at a Glance Factor Detail Average physician locum hourly rate ~$215/hour (physician-reported, 2025) Emergency Medicine range $200–$300/hour…