Medicus Healthcare Solutions, LLC

If you have locums experience, experience something different.

2012-01-09T11:06:00.000-05:00

Medicus treats our physicians like our own employees — we care about your long-term career growth. We provide you with a dedicated; practice specific Physician Advisor who gets to know you, your needs and your preferences. Our Physician Advisors on average have over 3 years of experience within your specific practice area.

Your advisor keeps you informed of new opportunities and matches your skill set with a program that is suited to both your professional and your life style goals. As important are the relationships that we have with our facility partners. We take responsibility for the management of their interim schedule and coverage needs, thus eliminating much of the guesswork that comes with working with traditional locum firms.

How is working on a Medicus Physician Team different?

2011-12-29T10:51:00.000-05:00

Our Physician Teams work on projects to fill a very specific need for a client. You work closely with your team to either transition a department from one group to the next or launch a new practice. Working with Medicus often offers more interesting and sometimes more complex roles and responsibilities than traditional locums work. Adding one of our project to your CV is more valuable than a traditional interim assignment.

Physician Referral - Earn $1,000

2011-12-13T13:20:00.001-05:00

At Medicus, we're actively looking for physicians to work on temporary projects and fill open Locum Tenens positions across the country and we need your help. And we're willing to reward you for it.

Because of our explosive growth helping hospitals, physician groups, and PMO's plan for and manage changes in their physician workforce we are working to extend our network of medical contacts. The process for you is simple:

1. Think of physicians you know in the following specialties: Emergency Medicine, Hospital Medicine, Surgery, or Psychiatry.

2. Go here and enter their information, you get rewarded:

$150 for any physician YOU REFER WITH A PERSONAL NOTE who submits a CV
$1,000 if your first physician referral works 10 shifts with us
$500 for each of your additional physician referrals that work 10 shifts

3. You get a check from Medicus

What have you got to lose? The physician you know gets a great opportunity, earns extra money, and so do you!

ACEP SA11

2011-10-15T15:47:00.001-04:00

Published with Blogger-droid v1.7.4

Medicus Career Center - Live at medicushcs.com

2011-09-30T12:37:00.000-04:00

We know the best physicians through our experience with them over the years. Our physicians gain valuable clinical and leadership skills by leading or working with leaders on our unique projects. Put your academic skills to work in a clinical environment by joining one of our physician teams.

Visit our NEW Career Center to see how you can Join the Medicus Team.

Visit the Career Center - Click here

Medicus Values

2011-09-30T12:17:00.001-04:00

At Medicus, we live and breathe our values.

Motivation

Excellence

Diversity

Integrity

Commitment

United

Service

Enjoying the SHM Leadership Conference in Miami

2011-09-12T11:38:00.001-04:00

Should You Report a Substance-Abusing Colleague to the State Licensing Board? :: Article

2011-09-08T14:25:00.000-04:00

Should You Report a Substance-Abusing Colleague to the State Licensing Board? :: Article

Young Physicians’ Financial Options

2011-07-05T10:22:00.000-04:00

By Gary Pittsford, CFP®

President and CEO, Castle Wealth Advisors, LLC

7/5/2011

Young physicians who have just finished their residency have a lot of financial topics on their minds. Which student loan do you pay off first? Should you rush out and buy a home because the prices are down at this time?

Picking that first job can be complicated in today’s medical world. Should you work for an independent medical group or a hospital? Large town or small town? To find your best fit, consider working with a locum company to start with and try several hospitals and medical groups before taking a permanent position. Plus, you can earn a top income while you are looking.

The following are some of the many questions that most young physicians are thinking about. The answer to these financial questions may be slightly different for each of you.

Cash Flow

For professionals like doctors, your salary and benefits will be crucial throughout your career. The cash flow that you generate is what you have to count on. A few of you may become part owners of a surgical center, a clinic, or a hospital, but most of you will need to budget the cash flow that you generate every year in order to accomplish all of your goals.

Most of the cash flow that you generate will go for living expenses for you and your family. In the early years at least 5% to 10% of your income should go directly to a tax deductible retirement plan of some type. Also a high percentage needs to go to pay off any outstanding debts that you have after graduating from medical school. Start by paying off the loans that have the highest interest rates. Most of those loans charge interest which is not deductible.

I normally recommend that young physicians be frugal and save as much as possible in the first 5 years of their profession. Concentrate on accumulating cash in the bank. Towards the end of those first five years the accumulated cash can be used to make a large down payment on that first home, and also make a large initial payment on a new car. You may have heard someone tell you in the past that “cash is king.” That comment is true.

For most of you your future retirement and financial security will be based upon the amount of income that you generate and the amount that you save over the next 30 years.

Retirement Plans

If you go to work for a hospital, university, or not-for-profit organization there is a good chance that your

retirement plan will be a 403(b) plan. Many of those plans are managed by TIAA-CREF. Some organizations also use Vanguard or Fidelity. If you go to work for a for-profit clinic you will probably have a 401(k) retirement plan, which will be managed by an insurance company or large money management firm.

For any of these types of plans you should try to put at least 8% to 10% of your income into these plans every year for the next 30 years. The money in these qualified retirement accounts will be the backbone of your retirement. You need to have as much money in these plans at retirement time as possible.

In the next 30 years if you are able to save $1 million in a qualified retirement account you can take out comfortably about 4% to 5% per year, that equals about $50,000 per year. If you were able to save $2 million then your retirement income would be about $100,000 per year.

In addition to your qualified retirement account you need to save more cash that can be invested personally in many safe investments that will provide income for you in future years.

College Loans

If you have several college loans that you have accumulated while you were in school you need to look at each loan and analyze the interest rate and the payback schedule. For those loans where the interest is not deductible and the interest rate is high those should be paid off quickly. The loans that have a lower interest would be paid off second or third. If you want to pay down $1,000 on one of the loans you would need to earn $1,400 of income, then pay $400 in income taxes, and then use the remaining $1,000 to pay down the loan.

Your Advisors

Most physicians need to surround themselves with excellent advisors that will protect them during their career. You will probably need a business attorney to help review employment contracts and corporate benefits. You will also need an estate tax attorney to help prepare wills and trusts once you decide what state you plan to live in. You will need an excellent accounting firm which can help you make tax decisions each year and prepare your personal income tax return.

I would recommend that you have a financial advisory firm that charges fees for financial advice and does not sell products. This advisory firm should have partners that are very familiar with the medical profession and specifically your medical specialty. You will also need an insurance agent that can recommend excellent term insurance or perhaps universal life insurance policies which you will need to protect your family. You may also need disability income insurance during your career. Make sure that the insurance agent works for a large independent agency that can quote 10 to 20 different insurance companies.

In the future when you have financial or tax questions, talk with both your financial advisor and your accountant. When you have business questions or contracts that need to be discussed talk with both your financial advisor and your attorneys.

Summary

As a medical professional, remember during your career, your financial stability will be based upon the cash flow that you generate and the amount that you save for the future. It is not wise to go overboard on any one item. In the early years of your career try to be frugal and pay off your debts and save as much cash as you can. In your 40s and 50s invest your savings wisely and let it grow. In your 60s and 70s continue to invest carefully and there is usually no reason to take a big risk.

For most of you a big corporation is not going to provide for your retirement. For most of your career you will be on your own and that is why using the cash flow that you generate for the next 30 years becomes very important. Find good advisors and listen to them carefully.

For more information regarding services associated with the content of this article, please fill out this short Request Information Form and a representative will reach out to you shortly. For more information on Medicus Healthcare Solutions, please visit us at www.medicushcs.com.

This article was written for Medicus Healthcare Solutions by Gary Pittsford, CFP®. Gary Pittsford is President and CEO of Castle Wealth Advisors, LLC. Castle specializes in helping high net worth families and closely held business owners with asset management strategies, succession planning, estate and income tax analysis and family gifting techniques. Castle’s senior partners work with clients throughout the country in making logical decisions that help them fulfill their personal and business financial goals. For more information visit www.castle3.com, call 1-888-849-9559 or e-mail Gary directly at gary@castle3.com.

Transition Management – Case Study - Summit Health

2011-06-20T11:17:00.000-04:00

Case Study

We found ourselves in a transition stage with our Anesthesia Department at one of our hospitals. The incumbent group was nearing the end of their contract, and the new group was not slated to start for a few months. During this period, we were down 2-3 FTEs. Our affiliate hospital in Waynesboro also used locums Anesthesia doctors.

I was working with multiple locums companies representing multiple providers. We were experiencing quality issues with some of the doctors, and managing the process of covering the openings at both hospitals was becoming a full time job for me. I realized that I needed a better solution.

Medicus offered to manage my entire schedule for both hospitals and guarantee both the coverage and the quality of the physicians. We knew that Medicus was easy to work with, and the quality and consistency of the Medicus physicians was the best that we had experienced. So, we decided to work with Medicus exclusively, giving me a single point of contact.

Medicus seamlessly managed us through our transition. The quality of their clinical team, as well as the efficiency of their internal team allowed us to focus on the development of our new practice policies, operations and permanent recruiting.

Although the transition is over and we have a full staff, we use Medicus physicians for unexpected vacancies and vacation coverage - for Anesthesia and other specialties. Our medical staff and community enjoy seeing familiar physicians when we need help.

I would recommend Medicus to any facility that may find themselves in a similar situation.

Marie Royce, CPMSM
Director of Physician Relations
Summit Health
Chambersburg, PA

Transition Management

2011-06-17T09:04:00.000-04:00

If you are a health care facility and you need to change providers, but are concerned about the transition period and how it might disrupt your facility, we can help. We take responsibility for your physician coverage so you can focus on identifying and implementing the right long-term solution to ensure stability.

Your Challenge

Your current physician group isn't working out. Your medical community is concerned. You can't afford one hour of missed coverage.

You need time to identify the best long-term solution, but you need help now, and the traditional locums model doesn't meet your needs. With them you have to manage multiple companies - none of them take responsibility - and it's impossible to know how much the transition will cost.

Our Solution

We understand the challenges you're facing. We've developed our organization to meet your needs through the transition period, freeing you up to identify the right long-term solution.

We assess your clinical, logistical and financial needs, then we use tools we've developed to provide you with a comprehensive plan to provide guaranteed physician coverage, financial predictability and peace of mind.

We provide the people and tools for a successful transition:

A Medical Director
A team of highly qualified physicians
Dedicated staff, including a project manager
Budget modeling tools to help the budgeting process
Processes and checkpoints to ensure a smooth transition
A QA program to ensure physician and clinical service quality

We take responsibility for the transition so you can focus on the future:

We provide a physician team for the duration of the program.
We guarantee the coverage and continuity of your schedule.

Medicus - Practice Expansion

2011-06-16T09:16:00.000-04:00

If you are a Practice or Physician Management Organization looking to acquire additional contracts, we can help. We can help you launch new contracts quickly by managing the implementation of a complete team of quality physicians, freeing you up to focus on building the right long-term team.

Your Challenge

You've made the commitment to start a new contract or launch a new service and you need to deliver a quality solution, right now.

You know how to build and sustain a practice with high-quality administrative, billing, and support staff, but it takes time to build the right team of physicians. Using locum companies to find physicians rarely suits your needs.

How will you deliver the quality you promised in an impossibly short time frame?

Our Solution

We understand that producing a strong team of physicians and predictable budget in the short-term is hard to do with the traditional locum model. We've designed our organization to meet your needs through periods of transition, allowing you to focus on what you do best - building the right practice infrastructure for operational performance, physician alignment and buy-in and the right long-term team.

We assess your clinical, logistical and financial needs, then use the tools we've developed to provide you with guaranteed coverage, financial predictability and peace of mind.

We provide the people and tools for a successful transition:

A Medical Director
A team of highly qualified physicians
Dedicated staff, including a project manager
Budget modeling tools to help the budgeting process
Processes and checkpoints to ensure a smooth transition
A QA program to ensure physician and clinical service quality

We take responsibility for the transition so you can focus on the future:

We provide a physician team for the duration of the program.
We guarantee the coverage and continuity of your schedule.

Medicus - Supplemental Physician Staffing

2011-06-10T09:07:00.000-04:00

Supplemental Physician Staffing

When you are stable but need additional coverage for unexpected or scheduled gaps, or until you have identified a permanent candidate, Medicus can help. We take responsibility for filling your entire schedule. You will soon see why Medicus does not follow the traditional locum staffing model.

Your Challenge

Your practice is stable but you don't have enough of your own physicians or the support team to cover holidays, vacations and other schedule gaps. You experience the frustration of working with multiple locums companies when you need supplemental physician coverage.

Working with multiple locums staffing companies can be frustrating and inefficient. Although they're all willing to help, none of them take ownership for organizing and completing the schedule. Using multiple locums companies creates challenges in consistency, quality and cost.

Our Solution

We understand that organizing short-term coverage is not your primary responsibility. We take ownership by guaranteeing your complete physician schedule, allowing you to focus on permanent physician recruitment and your daily responsibilities to your organization and your patient community.

We will assign dedicated people to your practice who will manage your schedule, logistics, and credentialing. That's what we're built to do.

We ensure your physician coverage. We ensure your physician quality. We give you the budget predictability you need.

Watch video of Linda Grinder as she speaks highly of how Medicus Healthcare Solutions assists with Supplemental Physician Staffing. YouTube Video

Medical Directors

2011-06-06T15:30:00.000-04:00

Medicus Radiology Services is currently looking for on-site interim Medical Directors to help us provide interim leadership to hospital radiology departments during transitions from:

One radiology provider to another
Outsourced coverage to an in house employment model

The interim Medical Directors will help construct policies and procedures for the departments and work with Medicus and the hospital to complete these transitions successfully.

If you are interested, or know someone who may be interested, please let us know by calling me at (855) 301-0563 or submitting one of the following short forms.

Request Information - Click here

Refer a Doctor - Click Here
Send to Friend - Click Here

Dr. O'neil Pyke and Medicus are mentioned in Today's Hospitalist

2011-05-11T09:39:00.000-04:00

Dr. O'neil Pyke and Medicus are mentioned in Today's Hospitalist "Leadership lessons for young physicians" http://bit.ly/TodaysHospitalistMag

Today's Hospitalist :: Leadership lessons for young physicians

todayshospitalist.com

One key is overcoming generational differences with other medical staff

What we do

2011-05-05T11:04:00.001-04:00

Medicus Healthcare Solutions specializes in providing health care facilities, health care systems, practices and practice management organizations with supplemental physician coverage during transition periods. We take 100% responsibility for our clients' schedule so they can focus on identifying and implementing the right
long-term coverage solution.

Medicus Health Care Solutions assists with Practice Expansion

2011-05-04T15:10:00.000-04:00

Debra Hawkins, VP of Keystone Health Care Management speaks highly of how Medicus Health Care Solutions assists with Practice Expansion. Medicus specializes in helping Hospitals develop and launch new programs.

View our website