What are the prevailing “market rates” for locums?
For urban areas, the in-office billing percentage start at 65% and minimums start at $600/day and $75-100/hour. That translates to about seeing 25-30 patients per day, which is reasonable within a family practice setting especially with the GPSC incentives (in BC). For suburban areas, many practices offer higher percentage splits and minimums to compensate for the commuting time because why would locums drive for long distances if they can make the same income close to home? That said, suburban practices tend to be busier so most can afford to offer more generous rates. Minimums and rates are dictated by market conditions (supply and demand) and they are steadily going up because of the increasing shortage of physicians in general, as well as competition from positions offering sessional rates, e.g. hospitalists and government-funded clinics, which are currently $112 per hour in BC. For rural locums, the rates vary widely but good benchmarks are the rural locum programs, which are offe
