Are you consistently billing your payors for services performed by locum tenens at your facilities? We’ll help you capture every available revenue dollar for the services rendered by locum tenens physicians.
The payor enrollment process can be confusing. But all locum tenens use cases — whether replacement or supplemental — are billable, so it’s imperative that your organization claims the maximum revenue from their services.
Specialty care positions
226 days to fill
$4.5 million* in lost revenue
Primary care positions
189 days to fill
$1.9 million* in lost revenue
Reliance on locum tenens
80% - 90%**
of all healthcare organizations utilize locum tenens, often to prevent revenue loss gaps
Billing challenges
50%
of locums providers’ services go unbilled due to payor enrollment issues
*Days to fill position based on AAPPR 2024 Benchmarking Report
**Locums utilization based on State of Locums 2024 report
Bottom quartile
2nd quartile
3rd quartile
Top quartile
Analyzing multiple clearinghouses allowed us to see how many gross billable dollars were submitted to insurance payors for our locums providers on behalf of the health systems that utilized them. We found our best-in-class HCOs are seeing an 8x return on investment for every dollar spent on locums coverage.
Enough talk… it’s time to see how the numbers play out. Simply choose a specialty below and see the typical costs and revenue from a single day of coverage.
Projected gross profit or loss
$13,637
Gross ROI multiplier
10.2x
$13,637
10.2x
Total billable charges*
$16,998
Total locums investment*
$1,661
*Actual claims data for CHG Healthcare providers. Aggregated from 73% of all claims data in the U.S., leveraged with a blend of commercial, CMS, and proprietary claims data from multiple payors and clearing houses. Compiled quarterly, with a six- to nine-month lag.
Note: Data is directional. Claims represent actual provider billings and not reimbursement (hospital collection). Reimbursement or payor mix will vary for specific hospitals.
Follow these steps to get the maximum benefit from your locum investment.
We’re all about multi-purpose solutions. Here are six ways our locums support your finances beyond the revenue you’ll collect by billing for their services:
Let’s get specific about your situation.