Locumsmart Announces 'Dividend' To Locum Tenens Industry

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LocumsMart Celebrates 2500+ Days Booked in 1st Year of Operations with a 75% Price Reduction to Participating Agencies

LocumsMart, LLC (“LocumsMart”) today announced a reduction in prices on assignments of 1-4 days in length. Participating locum tenens agencies were previously charged $200 for each 1-10 day assignment booked through the LocumsMart.net portal. Agencies will now be charged just $50 for assignments of 4 days or less. LocumsMart is celebrating its first anniversary in June 2010, and the price reduction gives its customers another reason to celebrate their relationship with LocumsMart.

Over 150 hospitals and more than 10 top locum tenens agencies have signed Master Contracts on LocumsMart; booking more than 2500 temporary physician coverage days on the LocumsMart.net web-portal during its first year of operation.

LocumsMart wishes to thank its agency partners for the role they’ve played in LocumsMart’s early success and high adoption rate. A price reduction is most appropriate because it is consistent with LocumsMart’s business philosophy on growth. Since its launch in June 2009, LocumsMart has advised agencies that the key to sustainable growth in any service industry lies in thinking of your customers’ costs as your own. “We’re putting our money where our mouth is,” said Aaron Paul, LocumsMart CEO, “we tell agencies that as they gain operational efficiencies from their use of LocumsMart software, they should pass on a portion of their increased earnings to hospitals in the form of lower rates. We therefore must be willing to pass on a portion of our increasing earnings to our agency customers.” LocumsMart contends that the agencies that do the best job of lowering hospitals’ costs will grab market share and be the locum tenens industry leaders of tomorrow.

The 75% price reduction for assignments of 4 days or less will go in effect for all assignments booked on or after June 22nd, 2010, the date of LocumsMart’s first anniversary.

About LocumsMart, LLC

LocumsMart, LLC (http://www.locumsmart.net) is a technology company that provides software-as-a-service to hospitals and staffing agencies. LocumsMart provides web-based tools for lowering the costs, and increasing the efficiency, quality, and transparency of the locum tenens recruitment process.

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Michael Kendrick
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