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Finders-Keepers: Physician Recruitment
and Retention Practices That Work
1
LEARNING OBJECTIVES
Identify “fit” as the critical success factor for
high-performance recruitment
ONE
Describe systematic approach to onboarding
that results in long-term retention
TWO
Understand team roles and responsibilities to
create a seamless continuum from recruitment
through retention
THREE
2
Pieces in the
Recruitment Puzzle
3
Place
Practice
Pay
Culture
4
PHYSICIAN COMPENSATON
5
SOURCE: Medscape Physician Compensation Report 2018
6
PHYSICIAN PRACTICE TYPE
SOURCE: Medscape Physician Compensation Report 2018
7
PHYSICIAN PRACTICE TYPE
SOURCE: Medscape Physician Compensation Report 2018
8
MORE IMPORTANT THAN MONEY
A distant fourth!
SOURCE: Medscape Physician Compensation Report 2018
FOCUS ON FIT IN SOURCING PROCESS
USE
SEGMENTING
TECHNOLOGY
LASER-TARGET
CANDIDATE
RESEARCH
CUSTOMIZE
OUTREACH TO
IDENTIFY “BEST
FIT” CANDIDATES
9
Source: CDW Healthcare 2015 Healthcare Social Media Report -
http://www.cdwcommunit.com/resources/infographic/social-media/
10
87%of physicians ages 26-55
are using social media
65%of “traditional” physicians
ages 56-75
are using social media
RISE OF THE DIGITAL OMNIVORE
11
SEARCHING FOR
JOBS
INTERESTED, BUT
NOT PROACTIVE
HAPPY IN CURRENT
POSITION
Low Supply and High Demand Means Increased Need to
Reach Passive Candidates
REACHING DIGITAL OMNIVORES
SOURCE: NEJM Career Center
Source: MMS Job Opportunity Preferences
of physicians prefer to receive information about job
opportunities via email.
49% of healthcare professionals read job opportunity emails after 6 p.m.
over
95%
12
SOURCING CANDIDATES
Rise of the Digital Omnivore
Source: Doximity Physician Survey
BEWARE...YOU MUST BE RELEVANT
13
16%
contacted
once
per week
39%
multiple
contacts
per week
55%
of physicians get
weekly
job
opportunities
Less than
10%
of recruiter
communications are
relevant
BE EFFICIENT AND STRATEGIC
14
1. Streamline the Process
2. Shorten the Search
3. Control your Expenses
Accelerating your search by even 30
days can equate to tens of thousands in
revenue/reduced vacancy costs.
15
16
CULTURE AND ENGAGEMENT
The Interview: Window to Your Culture
Tailor the
Interview
Team to the
Candidate
Utilize Your
Best Facility
and
Community
Advocates
Assign Topics
& Ensure
Consistent
Message
Explore the
Candidate's
Priorities and
Motivations
17
Share Your Vision and Community Impact
Community and Culture Should Match Physician’s Values
Involve the Spouse and Family
Personalize and Strategize Every Interview
The Interview: Selling the Vision
CULTURE AND ENGAGEMENT
…who sells the
vision?
CULTURE AND ENGAGEMENT
18
…who shows the
culture?
TILLER-HEWITT PHILOSOPHY
Long-Term Retention starts
WAY BEFORE
and goes
WAY BEYOND
Recruitment
19
Goal: Recruit to Retain
High Quality, Productive
Happy, Engaged, Passionate Providers
PHYSICIAN TURNOVER: EARLY YEARS ARE MOST CRITICAL
Source: 2013 Physician Retention Survey from American Medical Group Association
6.2%
11.0%
12.4%
8.7%
5.7%
4.6%
< 1 1 to 2 2 to 3 3 to 5 5 to 10 10 +
Turnover Rate by Years of Service
Annual physician
turnover at
all-time high:
6.8%
average
20
TURNOVER COSTS WELL OVER $1 MILLION PER PHYSICIAN
Lost Revenue:
$1,000,000+
$1,448,458 avg. annual
revenue
generated per physician
Recruiting costs:
$250,000
Search expenses, sign-on
bonuses, income
guarantees, relocation
costs
21
WHAT IS YOUR BIGGEST BARRIER TO RETENTION?
22
Source: Tiller-Hewitt HealthCare Strategies, Interactive Poll at MGMA 2016 Annual Conference
866
.65
1.8
701
ORIENTATION IS NOT EQUAL TO ONBOARDING & NAVIGATION
<
ORIENTATION VS. ONBOARDING
24
TYPICAL ONBOARDING
25
How Long Does Your Provider Onboarding Last?
Source: Tiller-Hewitt HealthCare Strategies, Interactive Poll at MGMA 2016 Annual Conference, November 2016
The Majority Have an
Onboarding Program
Do you have an onboarding program?
But Only One-Third
Formally Structure the Program
Is there a formalized committee /task force?
FORMALIZED ONBOARDING
Source: Cejka Search and AMGA Physician Retention Survey 2012
Yes
85%
No
15%
No
67%
Yes
33%
26
2017 VALUE & COMPENSATION SURVEY
N=163
YES
64%
NO
36%
20%
14%
31%
14%
12%
9%
1 DAY/WEEK
1 MONTH
UP TO 3 MO
3-6 MO
6-12 MO
12 MO +
0% 5% 10% 15% 20% 25% 30% 35%
Onboarding Process TimeHave an Onboarding Program
866
.65
1.8
701
WHERE TO START
What’s YOUR Reality & Baseline
▪ Cost to Recruit
▪ Vacancy Rate and Cost of Vacancy
▪ Ramp up to Break-Even and beyond
▪ Turn-over rate (compared to national / regional norms)
▪ Resources Dedicated to Retention / Navigation
▪ Focus on Community Assessment / Involvement
▪ Pulse of Recently Recruited Providers
▪ Pulse of Family
28
TILLER-HEWITT’S ONBOARDING 4 C’S
Collaboration
Coordination
Consistency
Communication
29
ASSEMBLE “THE DREAM TEAM”
30
• C-Suite
▪ Community Relations
▪ Credentialing
▪ IT
▪ Liaison
▪ Marketing
▪ Mentor Lead
▪ Practice Management
▪ Recruitment
▪ Service Line Leaders
MASTER CHECKLIST
COORDINATION & ACCOUNTABILITY
31
▪ Consolidate checklists from
each team member
▪ Store on a shared drive
PRE-ARRIVAL PREPARATION
32
▪ Pre-arrival Survey
▪ +120 days before start date
▪ Establishes provider’s
expectations
▪ Professional and personal
▪ Create Provider Roadmap
▪ Ride-along “shotgun”
schedule
▪ Community engagements and
events
▪ Hospital 101
POST-ARRIVAL – COMMUNICATION &
CONSISTENCY
33
Post-Arrival Surveys
▪ 90 days
▪ 6 months
▪ 1 year
▪ 18 months
Feedback Loop
▪ Course correction
▪ Continuous improvement
Visioneers
✓ Communicate Vision
✓ Foster Energy
✓ Approve Resources
C-SUITE - STARTS AT THE TOP
34
RECRUITMENT
Thankfully…..
Onboarding function started by recruiters
▪ Keeper of needs assessment
▪ Resourceful
▪ Coordinate with key players
▪ Checklists for survival
35
35
CREDENTIALING
▪ Different at every organization
▪ Effects physician productivity
▪ Sets start date
** Starts provider frustration very
early if not handled correctly
36
PHYSICIAN NAVIGATOR / LIAISON / INFORMATICS
• Year 1: Navigator
– Call Frequency Increased
– Physician & Family
• Year 2+: Liaison
– Focus: Growth & Loyalty
– Structured & Systematic
• Data Driven (Referrals)
• Manage Hospital 101
– Private to Employed
37
MARKETING
38
▪ Establish Expectations
✓ Personality
✓ One size DOES NOT fit all
▪ Menu of collaterals
✓ One size does not fit all
▪ Support liaison outreach
▪ Social Media
MENTORSHIP / MEDICAL STAFF
• Physician Leadership Driven
✓ Create Plan/Schedule
• Identifies Mentors & Match
✓ Establish Expectations
✓ Accountability System
✓ Define Roles & Responsibilities
✓ Matching: Find What Works
• Mentor/Mentee Training/Orientation
✓ Matching: Find What Works
✓ Training Improves both sides!
39
FAMILY
The Checklist
Happy Spouse / Happy House
Involve / Interview Spouse
– Understand Needs/Interests
– Family Needs
– Religious/Cultural Needs
– Professional and Personal Needs
Assign Navigator - Who Fits!
– Create Spouse Roadmap
– Acclimate to Community
40
family
Kids
Pets
Personal
Religion
SERVICE LINE LEADERSHIP
• Specialty: Appropriate Service Line
✓Checklist
✓Frequent Pre/Post
Communication/Collaboration
✓Department Orientation
41
PRACTICE MANAGEMENT
42
▪ Monster Checklist/Manual
▪ EMR
▪ Ongoing Communication
▪ Collaboration with Liaison
✓ Monitor Referral
Patterns
✓ Satisfaction Feedback
ONBOARDING & NAVIGATION PROGRAM
1. Determine Baseline Reality
✓ Build the Case with Surveys and Data
2. Identify and Assemble Team
✓ Strong Lead & Scribe
✓ Establish Expectations
✓ Assign Roles & Responsibilities
✓ Create Accountability System
3. Conduct Lean Process
✓ Rapid Improvement Events
✓ Action Plan
4. Develop and Implement Master Checklist
5. Assess/Implement Mentorship Program
6. Continuous Onboarding & Navigation
43
ONBOARDING CASE STUDY
Challenge
▪ Difficult Subspecialty Searches
▪ Slow Ramp-up
▪ Retention Issues
▪ Lack of Internal Collaboration
– Liaison / Practice Management
Solution
▪ Launched Formal Program
▪ Convened Team and Champion
▪ Conducted Lean – Rapid Improvement Event
▪ Included a Formalized Mentor Lead & Program
44
ONBOARDING CASE STUDY - RESULTS
45
Recruited Over 70 Physicians
Months to
Productivity:
From 14 to 5 months
Turnover Rate:
From 11.6 to 2.7%
Days to Full Payer
Credentialing:
From 322 to 84
46
Identify candidates with community ties – or create them
Tailor recruitment champions and interview team to match
candidate and spouse
KEY TAKEAWAYS: FIND AND KEEP TOP PROVIDERS
Adopt modern recruiting technologies and techniques
enhance targeting, and leverage social networking
Benchmark key performance indicators, set goal metrics
and seek feedback for continuous improvement
Establish onboarding best practices, including designated
lead, full-year program with mentorship
CRITICAL SUCCESS FACTORS:
RECRUITMENT AND RETENTION
47
▪ Involve the key players from entire
team
▪ “Personalize” the process for your
organization, the physician and
family
▪ Manage expectations: keep promises
and deliver “no surprises”
▪ Remember to survey and adjust the
process for continuous improvement
▪ Your current physicians are your
GREATEST recruitment and retention
resources
48
▪ Physician Salary Calculator
▪ White Paper: Physician Workforce Through 2030
▪ Guide to Developing a Strategic Physician Recruitment Plan
▪ Infographic Guides: Physician Trends, Engagement and Networking
▪ Case Studies
Find these and more at:
www.jacksonphysiciansearch.com
RESOURCES
49
RESOURCES
Find these and more at:
www.tillerhewitt.com

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Physician Recruitment and Retention Practices That Work

  • 1. Finders-Keepers: Physician Recruitment and Retention Practices That Work 1
  • 2. LEARNING OBJECTIVES Identify “fit” as the critical success factor for high-performance recruitment ONE Describe systematic approach to onboarding that results in long-term retention TWO Understand team roles and responsibilities to create a seamless continuum from recruitment through retention THREE 2
  • 5. PHYSICIAN COMPENSATON 5 SOURCE: Medscape Physician Compensation Report 2018
  • 6. 6 PHYSICIAN PRACTICE TYPE SOURCE: Medscape Physician Compensation Report 2018
  • 7. 7 PHYSICIAN PRACTICE TYPE SOURCE: Medscape Physician Compensation Report 2018
  • 8. 8 MORE IMPORTANT THAN MONEY A distant fourth! SOURCE: Medscape Physician Compensation Report 2018
  • 9. FOCUS ON FIT IN SOURCING PROCESS USE SEGMENTING TECHNOLOGY LASER-TARGET CANDIDATE RESEARCH CUSTOMIZE OUTREACH TO IDENTIFY “BEST FIT” CANDIDATES 9
  • 10. Source: CDW Healthcare 2015 Healthcare Social Media Report - http://www.cdwcommunit.com/resources/infographic/social-media/ 10 87%of physicians ages 26-55 are using social media 65%of “traditional” physicians ages 56-75 are using social media RISE OF THE DIGITAL OMNIVORE
  • 11. 11 SEARCHING FOR JOBS INTERESTED, BUT NOT PROACTIVE HAPPY IN CURRENT POSITION Low Supply and High Demand Means Increased Need to Reach Passive Candidates REACHING DIGITAL OMNIVORES SOURCE: NEJM Career Center
  • 12. Source: MMS Job Opportunity Preferences of physicians prefer to receive information about job opportunities via email. 49% of healthcare professionals read job opportunity emails after 6 p.m. over 95% 12 SOURCING CANDIDATES
  • 13. Rise of the Digital Omnivore Source: Doximity Physician Survey BEWARE...YOU MUST BE RELEVANT 13 16% contacted once per week 39% multiple contacts per week 55% of physicians get weekly job opportunities Less than 10% of recruiter communications are relevant
  • 14. BE EFFICIENT AND STRATEGIC 14 1. Streamline the Process 2. Shorten the Search 3. Control your Expenses Accelerating your search by even 30 days can equate to tens of thousands in revenue/reduced vacancy costs.
  • 15. 15
  • 16. 16 CULTURE AND ENGAGEMENT The Interview: Window to Your Culture Tailor the Interview Team to the Candidate Utilize Your Best Facility and Community Advocates Assign Topics & Ensure Consistent Message Explore the Candidate's Priorities and Motivations
  • 17. 17 Share Your Vision and Community Impact Community and Culture Should Match Physician’s Values Involve the Spouse and Family Personalize and Strategize Every Interview The Interview: Selling the Vision CULTURE AND ENGAGEMENT
  • 18. …who sells the vision? CULTURE AND ENGAGEMENT 18 …who shows the culture?
  • 19. TILLER-HEWITT PHILOSOPHY Long-Term Retention starts WAY BEFORE and goes WAY BEYOND Recruitment 19 Goal: Recruit to Retain High Quality, Productive Happy, Engaged, Passionate Providers
  • 20. PHYSICIAN TURNOVER: EARLY YEARS ARE MOST CRITICAL Source: 2013 Physician Retention Survey from American Medical Group Association 6.2% 11.0% 12.4% 8.7% 5.7% 4.6% < 1 1 to 2 2 to 3 3 to 5 5 to 10 10 + Turnover Rate by Years of Service Annual physician turnover at all-time high: 6.8% average 20
  • 21. TURNOVER COSTS WELL OVER $1 MILLION PER PHYSICIAN Lost Revenue: $1,000,000+ $1,448,458 avg. annual revenue generated per physician Recruiting costs: $250,000 Search expenses, sign-on bonuses, income guarantees, relocation costs 21
  • 22. WHAT IS YOUR BIGGEST BARRIER TO RETENTION? 22 Source: Tiller-Hewitt HealthCare Strategies, Interactive Poll at MGMA 2016 Annual Conference
  • 23. 866 .65 1.8 701 ORIENTATION IS NOT EQUAL TO ONBOARDING & NAVIGATION <
  • 25. TYPICAL ONBOARDING 25 How Long Does Your Provider Onboarding Last? Source: Tiller-Hewitt HealthCare Strategies, Interactive Poll at MGMA 2016 Annual Conference, November 2016
  • 26. The Majority Have an Onboarding Program Do you have an onboarding program? But Only One-Third Formally Structure the Program Is there a formalized committee /task force? FORMALIZED ONBOARDING Source: Cejka Search and AMGA Physician Retention Survey 2012 Yes 85% No 15% No 67% Yes 33% 26
  • 27. 2017 VALUE & COMPENSATION SURVEY N=163 YES 64% NO 36% 20% 14% 31% 14% 12% 9% 1 DAY/WEEK 1 MONTH UP TO 3 MO 3-6 MO 6-12 MO 12 MO + 0% 5% 10% 15% 20% 25% 30% 35% Onboarding Process TimeHave an Onboarding Program
  • 28. 866 .65 1.8 701 WHERE TO START What’s YOUR Reality & Baseline ▪ Cost to Recruit ▪ Vacancy Rate and Cost of Vacancy ▪ Ramp up to Break-Even and beyond ▪ Turn-over rate (compared to national / regional norms) ▪ Resources Dedicated to Retention / Navigation ▪ Focus on Community Assessment / Involvement ▪ Pulse of Recently Recruited Providers ▪ Pulse of Family 28
  • 29. TILLER-HEWITT’S ONBOARDING 4 C’S Collaboration Coordination Consistency Communication 29
  • 30. ASSEMBLE “THE DREAM TEAM” 30 • C-Suite ▪ Community Relations ▪ Credentialing ▪ IT ▪ Liaison ▪ Marketing ▪ Mentor Lead ▪ Practice Management ▪ Recruitment ▪ Service Line Leaders
  • 31. MASTER CHECKLIST COORDINATION & ACCOUNTABILITY 31 ▪ Consolidate checklists from each team member ▪ Store on a shared drive
  • 32. PRE-ARRIVAL PREPARATION 32 ▪ Pre-arrival Survey ▪ +120 days before start date ▪ Establishes provider’s expectations ▪ Professional and personal ▪ Create Provider Roadmap ▪ Ride-along “shotgun” schedule ▪ Community engagements and events ▪ Hospital 101
  • 33. POST-ARRIVAL – COMMUNICATION & CONSISTENCY 33 Post-Arrival Surveys ▪ 90 days ▪ 6 months ▪ 1 year ▪ 18 months Feedback Loop ▪ Course correction ▪ Continuous improvement
  • 34. Visioneers ✓ Communicate Vision ✓ Foster Energy ✓ Approve Resources C-SUITE - STARTS AT THE TOP 34
  • 35. RECRUITMENT Thankfully….. Onboarding function started by recruiters ▪ Keeper of needs assessment ▪ Resourceful ▪ Coordinate with key players ▪ Checklists for survival 35 35
  • 36. CREDENTIALING ▪ Different at every organization ▪ Effects physician productivity ▪ Sets start date ** Starts provider frustration very early if not handled correctly 36
  • 37. PHYSICIAN NAVIGATOR / LIAISON / INFORMATICS • Year 1: Navigator – Call Frequency Increased – Physician & Family • Year 2+: Liaison – Focus: Growth & Loyalty – Structured & Systematic • Data Driven (Referrals) • Manage Hospital 101 – Private to Employed 37
  • 38. MARKETING 38 ▪ Establish Expectations ✓ Personality ✓ One size DOES NOT fit all ▪ Menu of collaterals ✓ One size does not fit all ▪ Support liaison outreach ▪ Social Media
  • 39. MENTORSHIP / MEDICAL STAFF • Physician Leadership Driven ✓ Create Plan/Schedule • Identifies Mentors & Match ✓ Establish Expectations ✓ Accountability System ✓ Define Roles & Responsibilities ✓ Matching: Find What Works • Mentor/Mentee Training/Orientation ✓ Matching: Find What Works ✓ Training Improves both sides! 39
  • 40. FAMILY The Checklist Happy Spouse / Happy House Involve / Interview Spouse – Understand Needs/Interests – Family Needs – Religious/Cultural Needs – Professional and Personal Needs Assign Navigator - Who Fits! – Create Spouse Roadmap – Acclimate to Community 40 family Kids Pets Personal Religion
  • 41. SERVICE LINE LEADERSHIP • Specialty: Appropriate Service Line ✓Checklist ✓Frequent Pre/Post Communication/Collaboration ✓Department Orientation 41
  • 42. PRACTICE MANAGEMENT 42 ▪ Monster Checklist/Manual ▪ EMR ▪ Ongoing Communication ▪ Collaboration with Liaison ✓ Monitor Referral Patterns ✓ Satisfaction Feedback
  • 43. ONBOARDING & NAVIGATION PROGRAM 1. Determine Baseline Reality ✓ Build the Case with Surveys and Data 2. Identify and Assemble Team ✓ Strong Lead & Scribe ✓ Establish Expectations ✓ Assign Roles & Responsibilities ✓ Create Accountability System 3. Conduct Lean Process ✓ Rapid Improvement Events ✓ Action Plan 4. Develop and Implement Master Checklist 5. Assess/Implement Mentorship Program 6. Continuous Onboarding & Navigation 43
  • 44. ONBOARDING CASE STUDY Challenge ▪ Difficult Subspecialty Searches ▪ Slow Ramp-up ▪ Retention Issues ▪ Lack of Internal Collaboration – Liaison / Practice Management Solution ▪ Launched Formal Program ▪ Convened Team and Champion ▪ Conducted Lean – Rapid Improvement Event ▪ Included a Formalized Mentor Lead & Program 44
  • 45. ONBOARDING CASE STUDY - RESULTS 45 Recruited Over 70 Physicians Months to Productivity: From 14 to 5 months Turnover Rate: From 11.6 to 2.7% Days to Full Payer Credentialing: From 322 to 84
  • 46. 46 Identify candidates with community ties – or create them Tailor recruitment champions and interview team to match candidate and spouse KEY TAKEAWAYS: FIND AND KEEP TOP PROVIDERS Adopt modern recruiting technologies and techniques enhance targeting, and leverage social networking Benchmark key performance indicators, set goal metrics and seek feedback for continuous improvement Establish onboarding best practices, including designated lead, full-year program with mentorship
  • 47. CRITICAL SUCCESS FACTORS: RECRUITMENT AND RETENTION 47 ▪ Involve the key players from entire team ▪ “Personalize” the process for your organization, the physician and family ▪ Manage expectations: keep promises and deliver “no surprises” ▪ Remember to survey and adjust the process for continuous improvement ▪ Your current physicians are your GREATEST recruitment and retention resources
  • 48. 48 ▪ Physician Salary Calculator ▪ White Paper: Physician Workforce Through 2030 ▪ Guide to Developing a Strategic Physician Recruitment Plan ▪ Infographic Guides: Physician Trends, Engagement and Networking ▪ Case Studies Find these and more at: www.jacksonphysiciansearch.com RESOURCES
  • 49. 49 RESOURCES Find these and more at: www.tillerhewitt.com