Learn How Physicians Can Work as Independent Contractors

Learn How Physicians Can Work as Independent Contractors

The modern world of medicine leans on adaptability, and many physicians now find significant value in assuming roles as independent contractors. Specifically, they’re engaging in locum tenens work. Beyond the flexibility and autonomy, this approach carries other unique implications — particularly in the areas of pay, malpractice insurance, and taxes. Let’s explore. Understanding Locum Tenens…

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Strategies for Nurturing Long-Term PMHNPs Talent

Each year, one in five American adults experiences a mental health condition. Psychiatric nurses fulfill a critical role in treating these patients. Yet the American Psychiatric Nurses Association says, “The dramatic shortage of qualified psychiatric professionals to treat persons with mental health and substance use disorders threatens our nation’s ability to provide timely and effective…

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The Benefits of Continuing Education in the Medical Field

The imperative for continuous learning in the medical field has never been more important. The nature of medical science, technological advancements, and evolving patient needs necessitate healthcare professionals to engage in ongoing education. Continuing education in the medical field is not merely a professional obligation but a pathway to enhanced patient care, career advancement, and…

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The Financial Impact of Staffing Shortages in Hospitals

Healthcare staffing shortages have emerged as a critical and chronic challenge with far-reaching consequences. Hospitals face many issues when grappling with inadequate staffing levels. Beyond the immediate concerns for patient care, the financial repercussions of hospital staffing shortages are profound and demand closer examination. Increased Overtime Costs One of the most immediate financial impacts of…

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Overworked and Overstressed: How Healthcare Professionals Can Find Peace Through Mindfulness

Overworked and Overstressed: How Healthcare Professionals Can Find Peace Through Mindfulness

Healthcare burnout reached a peak in 2023. One survey showed burnout stretching across job descriptions; 54% of clinical staff and 46% of non-clinical staff reported these symptoms. The healthcare profession commits to caring for others. However, the demands and pressures of the job can lead to healthcare professionals experiencing high levels of stress and burnout.…

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Psychiatrist Compensation Trends: Tips to Attract Top Talent

Psychiatrist Compensation Trends: Tips to Attract Top Talent MedSource

In recent years, psychiatry has witnessed significant shifts in compensation trends. This is reflecting the evolving landscape of healthcare, increased demand for mental health services, and the efforts to attract and retain top talent in the profession. Understanding these trends is crucial for healthcare organizations and policymakers aiming to address the growing mental health crisis…

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The Role of On-Site Physicians in Today’s Healthcare Landscape

The Role of On-Site Physicians in Today's Healthcare Landscape

Amid emerging trends like telehealth, having a physical presence with your physicians is crucial in preserving the quality of patient care. At MedSource Consultants, we recognize this significance and discuss why healthcare organizations can stand to benefit from increased on-site care this year. Beyond Just Care The value of on-site physicians goes above and beyond…

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Innovations in Psychiatry to Know for 2024

From diagnosis to treatment, technology is revolutionizing how mental health professionals approach their work. In this article, we explore key innovations in psychiatry and how they are reshaping the mental healthcare landscape. Mobile Applications for Mental Health: Accessible Support at Your Fingertips One noteworthy innovation is the expansion of mobile applications designed to support mental…

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