SlideShare a Scribd company logo
1 of 3
Download to read offline
FierceHealthcare
PHYSICIAN RECRUITMENT AND RETENTION:
ORGANIZATIONAL CHALLENGES AND OPPORTUNITIES
As the healthcare industry faces a growing physician shortage,
it’s vital that organizations take the necessary steps to retain their
physicians and recruit new ones.
FierceHealthcare set out to find out the main reasons why physicians
leave their organizations, so hospitals, health systems and physician
practices can take action to create competitive compensation and
benefit packages, develop an encouraging and cooperative culture,
and provide leadership opportunities for physicians.
Money talks
Healthcare professionals report that the top reasons physicians
leave their organizations are for better pay, a more desirable location
and greater prestige.
More than half of the 106 individuals surveyed said physicians
typically left for more lucrative positions. Other reasons for breaking
ties included a more appealing location (nearly 40 percent) and more
prestige (almost 25 percent).
But individual respondents also wrote in other factors, such as lack
of internal development and administrative role opportunities. One
in 10 respondents said their organization does nothing to promote
leadership development.
Few organizations, whether large or small, make leadership
development opportunities readily available. Although about one-third
said their organizations set established performance expectations,
only a small portion (17 percent) have some sort of leadership
academy, and even fewer (12.3 percent) have a formal leadership
succession plan or provide doctors with executive coaching.
In a survey, “How to retain
physicians,” FierceHealthcare
asked 106 senior executives
(presidents, CEOs, chief
medical officers), department or
division heads, practice owners,
administrators and staff--what
their healthcare organizations
do to recruit and retain quality
physicians.
Thirty respondents (28.3
percent) worked in large
hospitals (300 beds or more),
33 worked in medium-sized
hospitals (100-299 beds), 12
worked in small hospitals (1-99
beds), 16 worked for integrated
health systems, and 15 worked
at physician practices.
Respondents’ specialties
spanned primary care, family
physician, general internal
medicine, surgical, medical,
Ob/Gyn and general surgery.
57.5% 39.6% 21.7% 24.5%
Pay Location Better shifts More prestige
Top reasons physicians leave their organizations
Integrated health systems were
more likely to offer leadership
academies at their institutions than
hospitals or physician practices.
The seven-year itch
But doctors aren’t necessarily
in a hurry to leave their current
positions. More than half of the
organizations, regardless of
size, retain physicians for an
average of seven years or more,
while nearly 19 percent said their
physicians stick around between
five and six years.
Almost one-quarter reported
that physicians stay at their
organizations for three to four years
and six respondents said docs only work at their organization for one to two years. No one reported that
doctors work for less than a year before leaving their organization.
Integrated health systems tended to retain the doctors the longest, followed closely by small hospitals.
Perks count
To entice doctors to stay, half of the respondents said their organizations offer doctors paid leave,
malpractice insurance and retirement plans.
But every perk counts. Less than half of respondents’ organizations offer access to fitness facilities and
leaves of absence or profit sharing. A handful of respondents mentioned their institutions offer bonuses or
housing allowances, while others provide relocation assistance, community event and membership support,
research opportunities and library services.
Although one in four respondents said location played a role in physicians’ decisions to leave, there are
several ways to create an atmosphere to encourage doctors to stay:
• Play up the positive aspects of their city or town and help integrate doctors to make them a part of the
community.
• Offer support to foster a good work/life balance and help with community events and membership.
• Create a positive culture of cooperation by minimizing organizational politics or disagreements over the
direction the organization. Seventy-five percent of respondents from smaller hospitals said their physicians
left for that exact reason.
23.6%
5.7%
18.9%
51.9%
Average length of time doctors stay at one
organization
1-2 Years
3-4 Years
5-6 Years
7+ Years
63.2% 60.4% 34.9% 31.1% 40.6% 60.4%
Paid leave Retirement
plans
Access to
fitness facilities
Profit
sharing
Leaves of
absence
Malpractice
insurance
Most common perks offered to physicians
Roll out the welcome mat
Another way to hold on to physicians is to make sure they feel welcome the moment they join the
organization.
The large majority of survey respondents said their organizations use introductions, facility tours and
welcome packets with key policies and procedures as part of their onboarding process. However, less than a
quarter of them follow up with weekly calls and check-ins with their new employees.
Mentoring programs, orientations and retreats are typical methods organizations use to acclimate new hires
to the organizations. More than half of those surveyed said their organizations have a culture of participation
that involves physicians in decisions, changes and their overall mission.
Leadership visibility and employee social events are also essential parts of the onboarding process at the
majority of organizations.
Offer more administrative support
Organizations could do more to minimize the administrative burdens placed on physicians.
More than one in 10 respondents said their organizations do little or nothing in the way of specific initiatives
to reduce administrative tasks, while about 20 percent of respondents said physicians delegate the work to
administrative staff, personal administrative assistants or nurses.
One senior executive said his organization has a departmental coordinator—a relatively junior physician who
handles most administrative duties. Technologies, such as well-developed electronic medical records, and IT
training also assist physicians, respondents said.
Provide professional development opportunities
Many organizations also offer continuing medical education opportunities and incentives. The majority (63.2
percent) of respondents—particularly those who work at integrated health systems (81 percent)—said their
organizations offer physicians paid time off to pursue CME opportunities.
About 63 percent of all respondents also said their organizations reimburse physician travel expenses
and 58.5 percent report their organization also pays for class tuition as part of the CME packages. One
department head noted her organization also covers the cost of licensing and specialty association dues.
But not all healthcare organizations are so accommodating. One senior executive, for example, reports his
hospital does not provide any monetary incentive for continuing education, aside from allowing a specific
number of days a year to attend outside workshops and seminars. However, he noted that the hospital requires
each department to conduct regular CME sessions, including a hospital-wide CME activity once a month.
54.7% 46.2% 50.9% 53.8% 56.6%
Follow-up
meetings
Mentoring
programs
Employee
social events
Senior
leadership
visibility
Culture of
participation
Most popular methods organizations use to maintain a good relationship
with new hires

More Related Content

What's hot

Population Health Management: Where are YOU?
Population Health Management: Where are YOU?Population Health Management: Where are YOU?
Population Health Management: Where are YOU?Phytel
 
How to Engage Physicians in Best Practices to Respond to Healthcare Transform...
How to Engage Physicians in Best Practices to Respond to Healthcare Transform...How to Engage Physicians in Best Practices to Respond to Healthcare Transform...
How to Engage Physicians in Best Practices to Respond to Healthcare Transform...PYA, P.C.
 
David Prior: driving improvements in the quality of care across the system
David Prior: driving improvements in the quality of care across the systemDavid Prior: driving improvements in the quality of care across the system
David Prior: driving improvements in the quality of care across the systemThe King's Fund
 
Delivering value based_care_with_e_health_services.5
Delivering value based_care_with_e_health_services.5Delivering value based_care_with_e_health_services.5
Delivering value based_care_with_e_health_services.5Greg Bauer
 
Sustainable economic development is highly dependent on the ability of a nati...
Sustainable economic development is highly dependent on the ability of a nati...Sustainable economic development is highly dependent on the ability of a nati...
Sustainable economic development is highly dependent on the ability of a nati...onowa simon
 
Discovering a Common Purpose: Creating Physician Engagement
Discovering a Common Purpose: Creating Physician EngagementDiscovering a Common Purpose: Creating Physician Engagement
Discovering a Common Purpose: Creating Physician EngagementHealth Catalyst
 
Building Patient-Centeredness in the Real World: The Engaged Patient and the ...
Building Patient-Centeredness in the Real World: The Engaged Patient and the ...Building Patient-Centeredness in the Real World: The Engaged Patient and the ...
Building Patient-Centeredness in the Real World: The Engaged Patient and the ...EngagingPatients
 
How can an effective electronic referral management system improve care coord...
How can an effective electronic referral management system improve care coord...How can an effective electronic referral management system improve care coord...
How can an effective electronic referral management system improve care coord...GaryRichards30
 
staffcare2015surveyPDF
staffcare2015surveyPDFstaffcare2015surveyPDF
staffcare2015surveyPDFJennah Safi
 
2017 Physician Strategies: Physician Enagement - Gelb
2017 Physician Strategies: Physician Enagement - Gelb2017 Physician Strategies: Physician Enagement - Gelb
2017 Physician Strategies: Physician Enagement - GelbEndeavor Management
 
Top Five Reasons Physical Therapy Practices Fail
Top Five Reasons Physical Therapy Practices FailTop Five Reasons Physical Therapy Practices Fail
Top Five Reasons Physical Therapy Practices FailJim Cucinotta
 
Q7 ethical
Q7 ethicalQ7 ethical
Q7 ethicalTEDMED
 
Building Clinical Integration as a Foundation to Become a Successful ACO
Building Clinical Integration as a Foundation to Become a Successful ACOBuilding Clinical Integration as a Foundation to Become a Successful ACO
Building Clinical Integration as a Foundation to Become a Successful ACOPhytel
 
National Benchmark Survey Physician Referral Programs November 2011
National Benchmark Survey Physician Referral Programs November 2011National Benchmark Survey Physician Referral Programs November 2011
National Benchmark Survey Physician Referral Programs November 2011Cary Wing
 
WellNet Healthcare Case Studies 2011
WellNet Healthcare Case Studies 2011WellNet Healthcare Case Studies 2011
WellNet Healthcare Case Studies 2011WellNet Healthcare
 

What's hot (20)

Population Health Management: Where are YOU?
Population Health Management: Where are YOU?Population Health Management: Where are YOU?
Population Health Management: Where are YOU?
 
Christopher Zinn
Christopher ZinnChristopher Zinn
Christopher Zinn
 
Dr Rachel David
Dr Rachel DavidDr Rachel David
Dr Rachel David
 
Incentive Initiatives
Incentive InitiativesIncentive Initiatives
Incentive Initiatives
 
How to Engage Physicians in Best Practices to Respond to Healthcare Transform...
How to Engage Physicians in Best Practices to Respond to Healthcare Transform...How to Engage Physicians in Best Practices to Respond to Healthcare Transform...
How to Engage Physicians in Best Practices to Respond to Healthcare Transform...
 
David Prior: driving improvements in the quality of care across the system
David Prior: driving improvements in the quality of care across the systemDavid Prior: driving improvements in the quality of care across the system
David Prior: driving improvements in the quality of care across the system
 
Delivering value based_care_with_e_health_services.5
Delivering value based_care_with_e_health_services.5Delivering value based_care_with_e_health_services.5
Delivering value based_care_with_e_health_services.5
 
Sustainable economic development is highly dependent on the ability of a nati...
Sustainable economic development is highly dependent on the ability of a nati...Sustainable economic development is highly dependent on the ability of a nati...
Sustainable economic development is highly dependent on the ability of a nati...
 
Discovering a Common Purpose: Creating Physician Engagement
Discovering a Common Purpose: Creating Physician EngagementDiscovering a Common Purpose: Creating Physician Engagement
Discovering a Common Purpose: Creating Physician Engagement
 
Building Patient-Centeredness in the Real World: The Engaged Patient and the ...
Building Patient-Centeredness in the Real World: The Engaged Patient and the ...Building Patient-Centeredness in the Real World: The Engaged Patient and the ...
Building Patient-Centeredness in the Real World: The Engaged Patient and the ...
 
How can an effective electronic referral management system improve care coord...
How can an effective electronic referral management system improve care coord...How can an effective electronic referral management system improve care coord...
How can an effective electronic referral management system improve care coord...
 
staffcare2015surveyPDF
staffcare2015surveyPDFstaffcare2015surveyPDF
staffcare2015surveyPDF
 
2017 Physician Strategies: Physician Enagement - Gelb
2017 Physician Strategies: Physician Enagement - Gelb2017 Physician Strategies: Physician Enagement - Gelb
2017 Physician Strategies: Physician Enagement - Gelb
 
Top Five Reasons Physical Therapy Practices Fail
Top Five Reasons Physical Therapy Practices FailTop Five Reasons Physical Therapy Practices Fail
Top Five Reasons Physical Therapy Practices Fail
 
Q7 ethical
Q7 ethicalQ7 ethical
Q7 ethical
 
Building Clinical Integration as a Foundation to Become a Successful ACO
Building Clinical Integration as a Foundation to Become a Successful ACOBuilding Clinical Integration as a Foundation to Become a Successful ACO
Building Clinical Integration as a Foundation to Become a Successful ACO
 
National Benchmark Survey Physician Referral Programs November 2011
National Benchmark Survey Physician Referral Programs November 2011National Benchmark Survey Physician Referral Programs November 2011
National Benchmark Survey Physician Referral Programs November 2011
 
WellNet Healthcare Case Studies 2011
WellNet Healthcare Case Studies 2011WellNet Healthcare Case Studies 2011
WellNet Healthcare Case Studies 2011
 
Physician Trends 2015
Physician Trends 2015Physician Trends 2015
Physician Trends 2015
 
Hcv guidance april-2017
Hcv guidance april-2017Hcv guidance april-2017
Hcv guidance april-2017
 

Viewers also liked

Cerma Presentation 2010
Cerma Presentation 2010Cerma Presentation 2010
Cerma Presentation 2010Mauricio Dias
 
Mark's CURRICULUM VITAE (5)
Mark's CURRICULUM VITAE (5)Mark's CURRICULUM VITAE (5)
Mark's CURRICULUM VITAE (5)Mark O'Neill
 
Job roles in film production by Salma Begum 12 a2
Job roles in film production by Salma Begum 12 a2Job roles in film production by Salma Begum 12 a2
Job roles in film production by Salma Begum 12 a2CFGSSALMAB
 
Renderings preliminary design ideas artwork
Renderings preliminary design ideas artworkRenderings preliminary design ideas artwork
Renderings preliminary design ideas artworkRebecca Barnhart-Allan
 
Curriculum Vitae Gerard Lane
Curriculum Vitae Gerard LaneCurriculum Vitae Gerard Lane
Curriculum Vitae Gerard LaneGerard Lane
 
Genetic engineerig
Genetic engineerigGenetic engineerig
Genetic engineerigUsman Arshad
 
Manual de Cálculo Financiero en Excel
Manual de Cálculo Financiero en ExcelManual de Cálculo Financiero en Excel
Manual de Cálculo Financiero en ExcelDaniel Robles
 
Clase 1 excel financiero
Clase 1   excel financieroClase 1   excel financiero
Clase 1 excel financieroMaria Luisa
 

Viewers also liked (9)

Cerma Presentation 2010
Cerma Presentation 2010Cerma Presentation 2010
Cerma Presentation 2010
 
Mark's CURRICULUM VITAE (5)
Mark's CURRICULUM VITAE (5)Mark's CURRICULUM VITAE (5)
Mark's CURRICULUM VITAE (5)
 
Job roles in film production by Salma Begum 12 a2
Job roles in film production by Salma Begum 12 a2Job roles in film production by Salma Begum 12 a2
Job roles in film production by Salma Begum 12 a2
 
Renderings preliminary design ideas artwork
Renderings preliminary design ideas artworkRenderings preliminary design ideas artwork
Renderings preliminary design ideas artwork
 
Curriculum Vitae Gerard Lane
Curriculum Vitae Gerard LaneCurriculum Vitae Gerard Lane
Curriculum Vitae Gerard Lane
 
Ofimatica
OfimaticaOfimatica
Ofimatica
 
Genetic engineerig
Genetic engineerigGenetic engineerig
Genetic engineerig
 
Manual de Cálculo Financiero en Excel
Manual de Cálculo Financiero en ExcelManual de Cálculo Financiero en Excel
Manual de Cálculo Financiero en Excel
 
Clase 1 excel financiero
Clase 1   excel financieroClase 1   excel financiero
Clase 1 excel financiero
 

Similar to Chg healthcare survey

Hospitalist presentation final ppt
Hospitalist presentation final pptHospitalist presentation final ppt
Hospitalist presentation final pptratliff6275
 
Optimize the Role of Medical Affairs in Health Economics & Outcomes Research ...
Optimize the Role of Medical Affairs in Health Economics & Outcomes Research ...Optimize the Role of Medical Affairs in Health Economics & Outcomes Research ...
Optimize the Role of Medical Affairs in Health Economics & Outcomes Research ...Best Practices
 
The Beryl Institute 2013 State of the Patient Experience Benchmarking Study
The Beryl Institute 2013 State of the Patient Experience Benchmarking StudyThe Beryl Institute 2013 State of the Patient Experience Benchmarking Study
The Beryl Institute 2013 State of the Patient Experience Benchmarking StudyEngagingPatients
 
Perficient Physician Loyalty Program
Perficient Physician Loyalty ProgramPerficient Physician Loyalty Program
Perficient Physician Loyalty ProgramPerficient, Inc.
 
2016 Survey of US Physicians: Physician awareness, perspectives, and readines...
2016 Survey of US Physicians: Physician awareness, perspectives, and readines...2016 Survey of US Physicians: Physician awareness, perspectives, and readines...
2016 Survey of US Physicians: Physician awareness, perspectives, and readines...Deloitte United States
 
HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...
HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...
HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...HealthcareSource
 
DoctorsOrdersStudyJune2016
DoctorsOrdersStudyJune2016DoctorsOrdersStudyJune2016
DoctorsOrdersStudyJune2016Bryan Peters
 
3 Reasons Health Systems Should Invest in Improving Patient Experience
3 Reasons Health Systems Should Invest in Improving Patient Experience3 Reasons Health Systems Should Invest in Improving Patient Experience
3 Reasons Health Systems Should Invest in Improving Patient ExperienceInMoment
 
Medical Affairs Resources, Structures, & Trends Report Summary
Medical Affairs Resources, Structures, & Trends Report SummaryMedical Affairs Resources, Structures, & Trends Report Summary
Medical Affairs Resources, Structures, & Trends Report SummaryBest Practices, LLC
 
Presentation Uncovers Trends in the Unpredictable Healthcare Industry
Presentation Uncovers Trends in the Unpredictable Healthcare IndustryPresentation Uncovers Trends in the Unpredictable Healthcare Industry
Presentation Uncovers Trends in the Unpredictable Healthcare IndustryPYA, P.C.
 
HE_MJ 06_Phys Rel_jad ghostwrite
HE_MJ 06_Phys Rel_jad ghostwriteHE_MJ 06_Phys Rel_jad ghostwrite
HE_MJ 06_Phys Rel_jad ghostwriteJoyce Dunne
 
Physician Recruitment: The Cost to Hire and Return on Investment
Physician Recruitment: The Cost to Hire and Return on InvestmentPhysician Recruitment: The Cost to Hire and Return on Investment
Physician Recruitment: The Cost to Hire and Return on InvestmentJackson Physician Search
 
Benchmarking Bio-Pharmaceutical Medical Education Programs: Structures, Resou...
Benchmarking Bio-Pharmaceutical Medical Education Programs: Structures, Resou...Benchmarking Bio-Pharmaceutical Medical Education Programs: Structures, Resou...
Benchmarking Bio-Pharmaceutical Medical Education Programs: Structures, Resou...Best Practices
 
The Commonwealth Fund 2015 International Health Care Policy Survey of Primary...
The Commonwealth Fund 2015 International Health Care Policy Survey of Primary...The Commonwealth Fund 2015 International Health Care Policy Survey of Primary...
The Commonwealth Fund 2015 International Health Care Policy Survey of Primary...Odyssey Recruitment
 
Ee benefits ca-healthcare
Ee benefits ca-healthcareEe benefits ca-healthcare
Ee benefits ca-healthcareshrm
 
Ee benefits ca-healthcare
Ee benefits ca-healthcareEe benefits ca-healthcare
Ee benefits ca-healthcareshrm
 
Navigate 2 Scenario for Health PolicyEpisode 1Policy An.docx
Navigate 2 Scenario for Health PolicyEpisode 1Policy An.docxNavigate 2 Scenario for Health PolicyEpisode 1Policy An.docx
Navigate 2 Scenario for Health PolicyEpisode 1Policy An.docxmayank272369
 
What Veterinarians Can Learn From Physician Practice Models
What Veterinarians Can Learn From Physician Practice ModelsWhat Veterinarians Can Learn From Physician Practice Models
What Veterinarians Can Learn From Physician Practice Modelsmjmcgaunn
 

Similar to Chg healthcare survey (20)

Hospitalist presentation final ppt
Hospitalist presentation final pptHospitalist presentation final ppt
Hospitalist presentation final ppt
 
Optimize the Role of Medical Affairs in Health Economics & Outcomes Research ...
Optimize the Role of Medical Affairs in Health Economics & Outcomes Research ...Optimize the Role of Medical Affairs in Health Economics & Outcomes Research ...
Optimize the Role of Medical Affairs in Health Economics & Outcomes Research ...
 
The Need for a Provider Retention Plan
The Need for a Provider Retention PlanThe Need for a Provider Retention Plan
The Need for a Provider Retention Plan
 
The Beryl Institute 2013 State of the Patient Experience Benchmarking Study
The Beryl Institute 2013 State of the Patient Experience Benchmarking StudyThe Beryl Institute 2013 State of the Patient Experience Benchmarking Study
The Beryl Institute 2013 State of the Patient Experience Benchmarking Study
 
Perficient Physician Loyalty Program
Perficient Physician Loyalty ProgramPerficient Physician Loyalty Program
Perficient Physician Loyalty Program
 
2016 Survey of US Physicians: Physician awareness, perspectives, and readines...
2016 Survey of US Physicians: Physician awareness, perspectives, and readines...2016 Survey of US Physicians: Physician awareness, perspectives, and readines...
2016 Survey of US Physicians: Physician awareness, perspectives, and readines...
 
HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...
HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...
HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...
 
DoctorsOrdersStudyJune2016
DoctorsOrdersStudyJune2016DoctorsOrdersStudyJune2016
DoctorsOrdersStudyJune2016
 
3 Reasons Health Systems Should Invest in Improving Patient Experience
3 Reasons Health Systems Should Invest in Improving Patient Experience3 Reasons Health Systems Should Invest in Improving Patient Experience
3 Reasons Health Systems Should Invest in Improving Patient Experience
 
Medical Affairs Resources, Structures, & Trends Report Summary
Medical Affairs Resources, Structures, & Trends Report SummaryMedical Affairs Resources, Structures, & Trends Report Summary
Medical Affairs Resources, Structures, & Trends Report Summary
 
Presentation Uncovers Trends in the Unpredictable Healthcare Industry
Presentation Uncovers Trends in the Unpredictable Healthcare IndustryPresentation Uncovers Trends in the Unpredictable Healthcare Industry
Presentation Uncovers Trends in the Unpredictable Healthcare Industry
 
HE_MJ 06_Phys Rel_jad ghostwrite
HE_MJ 06_Phys Rel_jad ghostwriteHE_MJ 06_Phys Rel_jad ghostwrite
HE_MJ 06_Phys Rel_jad ghostwrite
 
Process biosafety
Process biosafetyProcess biosafety
Process biosafety
 
Physician Recruitment: The Cost to Hire and Return on Investment
Physician Recruitment: The Cost to Hire and Return on InvestmentPhysician Recruitment: The Cost to Hire and Return on Investment
Physician Recruitment: The Cost to Hire and Return on Investment
 
Benchmarking Bio-Pharmaceutical Medical Education Programs: Structures, Resou...
Benchmarking Bio-Pharmaceutical Medical Education Programs: Structures, Resou...Benchmarking Bio-Pharmaceutical Medical Education Programs: Structures, Resou...
Benchmarking Bio-Pharmaceutical Medical Education Programs: Structures, Resou...
 
The Commonwealth Fund 2015 International Health Care Policy Survey of Primary...
The Commonwealth Fund 2015 International Health Care Policy Survey of Primary...The Commonwealth Fund 2015 International Health Care Policy Survey of Primary...
The Commonwealth Fund 2015 International Health Care Policy Survey of Primary...
 
Ee benefits ca-healthcare
Ee benefits ca-healthcareEe benefits ca-healthcare
Ee benefits ca-healthcare
 
Ee benefits ca-healthcare
Ee benefits ca-healthcareEe benefits ca-healthcare
Ee benefits ca-healthcare
 
Navigate 2 Scenario for Health PolicyEpisode 1Policy An.docx
Navigate 2 Scenario for Health PolicyEpisode 1Policy An.docxNavigate 2 Scenario for Health PolicyEpisode 1Policy An.docx
Navigate 2 Scenario for Health PolicyEpisode 1Policy An.docx
 
What Veterinarians Can Learn From Physician Practice Models
What Veterinarians Can Learn From Physician Practice ModelsWhat Veterinarians Can Learn From Physician Practice Models
What Veterinarians Can Learn From Physician Practice Models
 

More from VASAN HEALTHCARE

More from VASAN HEALTHCARE (7)

Planning-hospitals-of-the-future-
 Planning-hospitals-of-the-future- Planning-hospitals-of-the-future-
Planning-hospitals-of-the-future-
 
Hospital business plan
Hospital business  plan Hospital business  plan
Hospital business plan
 
Ulhospitalsorganogram
UlhospitalsorganogramUlhospitalsorganogram
Ulhospitalsorganogram
 
Hospital care for children who
Hospital care for children whoHospital care for children who
Hospital care for children who
 
Day case for web
Day case for webDay case for web
Day case for web
 
Hospital Inventorymanagement
Hospital Inventorymanagement Hospital Inventorymanagement
Hospital Inventorymanagement
 
22458
2245822458
22458
 

Chg healthcare survey

  • 1. FierceHealthcare PHYSICIAN RECRUITMENT AND RETENTION: ORGANIZATIONAL CHALLENGES AND OPPORTUNITIES As the healthcare industry faces a growing physician shortage, it’s vital that organizations take the necessary steps to retain their physicians and recruit new ones. FierceHealthcare set out to find out the main reasons why physicians leave their organizations, so hospitals, health systems and physician practices can take action to create competitive compensation and benefit packages, develop an encouraging and cooperative culture, and provide leadership opportunities for physicians. Money talks Healthcare professionals report that the top reasons physicians leave their organizations are for better pay, a more desirable location and greater prestige. More than half of the 106 individuals surveyed said physicians typically left for more lucrative positions. Other reasons for breaking ties included a more appealing location (nearly 40 percent) and more prestige (almost 25 percent). But individual respondents also wrote in other factors, such as lack of internal development and administrative role opportunities. One in 10 respondents said their organization does nothing to promote leadership development. Few organizations, whether large or small, make leadership development opportunities readily available. Although about one-third said their organizations set established performance expectations, only a small portion (17 percent) have some sort of leadership academy, and even fewer (12.3 percent) have a formal leadership succession plan or provide doctors with executive coaching. In a survey, “How to retain physicians,” FierceHealthcare asked 106 senior executives (presidents, CEOs, chief medical officers), department or division heads, practice owners, administrators and staff--what their healthcare organizations do to recruit and retain quality physicians. Thirty respondents (28.3 percent) worked in large hospitals (300 beds or more), 33 worked in medium-sized hospitals (100-299 beds), 12 worked in small hospitals (1-99 beds), 16 worked for integrated health systems, and 15 worked at physician practices. Respondents’ specialties spanned primary care, family physician, general internal medicine, surgical, medical, Ob/Gyn and general surgery. 57.5% 39.6% 21.7% 24.5% Pay Location Better shifts More prestige Top reasons physicians leave their organizations
  • 2. Integrated health systems were more likely to offer leadership academies at their institutions than hospitals or physician practices. The seven-year itch But doctors aren’t necessarily in a hurry to leave their current positions. More than half of the organizations, regardless of size, retain physicians for an average of seven years or more, while nearly 19 percent said their physicians stick around between five and six years. Almost one-quarter reported that physicians stay at their organizations for three to four years and six respondents said docs only work at their organization for one to two years. No one reported that doctors work for less than a year before leaving their organization. Integrated health systems tended to retain the doctors the longest, followed closely by small hospitals. Perks count To entice doctors to stay, half of the respondents said their organizations offer doctors paid leave, malpractice insurance and retirement plans. But every perk counts. Less than half of respondents’ organizations offer access to fitness facilities and leaves of absence or profit sharing. A handful of respondents mentioned their institutions offer bonuses or housing allowances, while others provide relocation assistance, community event and membership support, research opportunities and library services. Although one in four respondents said location played a role in physicians’ decisions to leave, there are several ways to create an atmosphere to encourage doctors to stay: • Play up the positive aspects of their city or town and help integrate doctors to make them a part of the community. • Offer support to foster a good work/life balance and help with community events and membership. • Create a positive culture of cooperation by minimizing organizational politics or disagreements over the direction the organization. Seventy-five percent of respondents from smaller hospitals said their physicians left for that exact reason. 23.6% 5.7% 18.9% 51.9% Average length of time doctors stay at one organization 1-2 Years 3-4 Years 5-6 Years 7+ Years 63.2% 60.4% 34.9% 31.1% 40.6% 60.4% Paid leave Retirement plans Access to fitness facilities Profit sharing Leaves of absence Malpractice insurance Most common perks offered to physicians
  • 3. Roll out the welcome mat Another way to hold on to physicians is to make sure they feel welcome the moment they join the organization. The large majority of survey respondents said their organizations use introductions, facility tours and welcome packets with key policies and procedures as part of their onboarding process. However, less than a quarter of them follow up with weekly calls and check-ins with their new employees. Mentoring programs, orientations and retreats are typical methods organizations use to acclimate new hires to the organizations. More than half of those surveyed said their organizations have a culture of participation that involves physicians in decisions, changes and their overall mission. Leadership visibility and employee social events are also essential parts of the onboarding process at the majority of organizations. Offer more administrative support Organizations could do more to minimize the administrative burdens placed on physicians. More than one in 10 respondents said their organizations do little or nothing in the way of specific initiatives to reduce administrative tasks, while about 20 percent of respondents said physicians delegate the work to administrative staff, personal administrative assistants or nurses. One senior executive said his organization has a departmental coordinator—a relatively junior physician who handles most administrative duties. Technologies, such as well-developed electronic medical records, and IT training also assist physicians, respondents said. Provide professional development opportunities Many organizations also offer continuing medical education opportunities and incentives. The majority (63.2 percent) of respondents—particularly those who work at integrated health systems (81 percent)—said their organizations offer physicians paid time off to pursue CME opportunities. About 63 percent of all respondents also said their organizations reimburse physician travel expenses and 58.5 percent report their organization also pays for class tuition as part of the CME packages. One department head noted her organization also covers the cost of licensing and specialty association dues. But not all healthcare organizations are so accommodating. One senior executive, for example, reports his hospital does not provide any monetary incentive for continuing education, aside from allowing a specific number of days a year to attend outside workshops and seminars. However, he noted that the hospital requires each department to conduct regular CME sessions, including a hospital-wide CME activity once a month. 54.7% 46.2% 50.9% 53.8% 56.6% Follow-up meetings Mentoring programs Employee social events Senior leadership visibility Culture of participation Most popular methods organizations use to maintain a good relationship with new hires