Independent Contractor

[finalpsychyear]

Hey guys. While I'm building up my practice I'm looking at some contracting work offers but I don't really know what to ask for. The location is in Ohio about 70 ish minutes from a big city. Here are a few:

1. Outpatient offer: 8 hour days with your typical 15 min follow ups and they are saying new evals 45 min slots but they are pushing for 30 min ideally. Daily census something like 28-32. Initial offer in 1099 money being $130 an hour, no benefits, I think travel is paid for as this is about 30-40 min drive for me. Is it fair to counter that I'm looking for $200 an hour? I'm not sure but 99213 pays about 60-70 in private practice so i would think these bigger companies ( they have multiple clinics in the state) would have higher contracted rates so i doubt they lose money even if they pay 200 per hour?

2. Is the hourly pay for inpatient psych that is 1099 the same as the above and are those rates typically payed for the night hours as well?

Any help on going rates in midwest part of the country I'd be very thankful.

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[TexasPhysician]

Hard to say as I typically ignore anything that looks like a sweatshop. 30min new evals is insane in my opinion.

Something similar in Texas has been offering $125/HR for similar work and has gone unfilled for over 3 years.

If this is appealing to you, I think around $160/hr is more appropriate. Of course, I'd ask for higher, but I wouldn't expect to get it.

 

[finalpsychyear]

Hard to say as I typically ignore anything that looks like a sweatshop. 30min new evals is insane in my opinion.

Something similar in Texas has been offering $125/HR for similar work and has gone unfilled for over 3 years.

If this is appealing to you, I think around $160/hr is more appropriate. Of course, I'd ask for higher, but I wouldn't expect to get it.

Thanks. Your response was very helpful. I declined when they refused to pay anymore. I have another opportunity. It is a 360 bed hospital with an 18 bed inpatient psych floor, doing floor consults, and ED consults. They provide you with 2 nurse practioners to help you round and after 5pm you can leave and do home call which is from 5pm to 8am the next day by phone only. Most attendings left by 3pm. They were saying they get an average of 10-12 consults a day.

Any idea what is fair to ask for on an hourly basis? I was thinking close to 200. Id also have to travel almost 80 minutes each way. Im just checking it out while i realize it may be insane to consider this. I would probably start by doing 1 week a month as an indep contractor and take it as is. They have been unable to find a permanent position for the last two years it seems but have 2-3 locums doing their coverage from about an hour away so im not sure if this is an obvious red flag.

 

[Shikima]

$200/hr is reasonable place to start negotiations.

 

[Thruster]

Thanks. Your response was very helpful. I declined when they refused to pay anymore. I have another opportunity. It is a 360 bed hospital with an 18 bed inpatient psych floor, doing floor consults, and ED consults. They provide you with 2 nurse practioners to help you round and after 5pm you can leave and do home call which is from 5pm to 8am the next day by phone only. Most attendings left by 3pm. They were saying they get an average of 10-12 consults a day.

Any idea what is fair to ask for on an hourly basis? I was thinking close to 200. Id also have to travel almost 80 minutes each way. Im just checking it out while i realize it may be insane to consider this. I would probably start by doing 1 week a month as an indep contractor and take it as is. They have been unable to find a permanent position for the last two years it seems but have 2-3 locums doing their coverage from about an hour away so im not sure if this is an obvious red flag.

who does the scut work on the consults? Also is the EMR easy to use or is dictation available?