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Sep 19, 2023 · Rising inflation and the increasing cost of living has prompted 9% of physicians to leave their job in search of a higher purchasing power outside of where they currently live and work. Finally, 10% of physicians attribute leaving their jobs to career advancement, benefits, or family concerns.
Mar 31, 2023 · The formal accusation of malpractice, whether or not any occurred, marks the beginning of a long cycle of shame and psychological distress for the clinician who has dedicated their life to their...
Jan 19, 2022 · Huge numbers of women physicians are cutting back or quitting and taking jobs that offer them more flexibility in terms of hours and the ability to work from home.
Jan 18, 2022 · One in five physicians say it is likely they will leave their current practice within two years. Meanwhile, about one in three doctors and other health professionals say they intend to reduce work hours in the next 12 months, according to recently published survey research.
- There Are No Winners When Doctors Leave
- Who Is to Blame For Increasing Physician Burnout?
- A Strong Recovery Plan Leads with Two-Way Communication
- Formal, Written Physician Succession Plans Are A Rarity.
- Successful Recruiting Starts with Succession Planning.
The cost of physician turnover is devastating. Recruitment costs alone can reach a quarter of a million dollars per physician when you include sourcing, relocation, and sign-on bonus. With a 6-12+ month recruitment cycle, lost revenue stemming from a specialist vacancy can easily climb to $1 million. In the meantime, adequate patient access to care...
A nationwide study on burnout released by Medscapein January of 2021 found that 42% of physicians are experiencing burnout. The report also showed that 21% of doctors said their burnout started with COVID-19, while 79% reported that it’s been building for years. In the new study, “Getting Ahead of Physician Turnover in Medical Practices,”it appears...
The most recent survey shows that 88% of physicians said two-way communication with administration was the most important factor to keeping them satisfied in their current position. Following in importance are additional compensation, reduced administrative burdens, and additional time off. While solutions won’t likely be obvious, here are some sug...
Recognizing threats and opportunities is where successful business decisions begin. Because Jackson Physician Search has seen a rapid and sustained increase in physician applications for new jobs, it’s somewhat surprising that only 16% of administrators report having a formal, written physician succession plan. Yet, they rate it’s importance an ave...
An effective succession plan not only addresses short- and long-term staffing needs, but it also must be aligned with the organization’s vision and mission. Along with determining key positions, developing a transition timeline, and documenting progress, developing an effective succession plan requires being mindful of the following: 1. Involve Sha...
Jul 7, 2022 · Overall, the primary reasons physicians cited for how the pandemic impacted their careers were unsustainable levels of burnout and stress (40%), unhappiness with their administration's response to the pandemic (35%), and unhappiness with the way medicine is changing (33%).
Aug 18, 2018 · Why are so many experienced doctors leaving the field — and why are more medical students choosing not to follow a career in medicine after they graduate?
