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How hospitals can keep doctors happy

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Keeping top-performing physicians happy is the key to a hospital's success. They enhance the reputation of your hospital and attract more patients. With physician engagement at an all-time low, hospitals need to find a solution—and fast.

Discover how an insight community can help you build better relationships with your physicians and drive better business decisions:
https://www.visioncritical.com/solutions/health-and-pharmaceuticals/

Published in: Health & Medicine, Business

How hospitals can keep doctors happy

  1. 1. $20,100,000 per healthcare supplier per year DOCTORS HAPPYDOCTORS HAPPYDOCTORS HAPPY Estimated number of employed physicians for an individual healthcare supplier 300 $20,100,000 Keeping your top-performing physicians happy is the key to a hospital’s success. They enhance the reputation of your hopital and attract more patients. With physician engagement at an all-time low, hospitals need to find a solution—and fast. 6 in 10 physicians feel uninformed of the organization’s strategic plans and directions. Hospital and health system CEO’s are twice as likely to rate physician engagement as their best opportunity to improve performance compared with any other options. Figures are based on the national average of an individual healthcare supplier There’s an easy solution to your unhappy doctor problem: invite them into your inner circle and give them a say in the way you do business. Demonstrate that you’re not just listening, you’re also acting on their insight. You can do all this with a tailor-made solution: a Vision Critical insight community. www.visioncritical.com/health Sources: American Medical Group Association, Cejka Research, Becker Hospital Review, and The Advisory Board Company PHYSICIAN ENGAGEMENT REQUIRES ATTENTION Discover how top-performing hospitals have harnessed the power of an insight community to engage with their physicians and make better business decisions WHY PHYSICIAN ENGAGEMENT COMMUNITIES ARE SO SUCCESSFUL The national average turnover cost per physician as a result of failure to engage $990,000 ENGAGEMENT ENHANCES PERFORMANCE Physician engagement improves ROI strategy The national turnover rate for doctors per healthcare system each year 6.8% MULTIPLE CONVENIENT ACCESS POINTS Multiple channels such as smartphone apps + Intranet HOW TO KEEP YOUR UNHAPPY DOCTORS ARE COSTING YOUR HOSPITAL MILLIONS DESCRIPTION TOTAL AMOUNT x x REAL TIME FEEDBACK Allow physicians to provide feedback at their own convenience PHYSICIANS AS TRUSTED ADVISORS Direct feedback loop for physiciansthroughout strategy-setting process CLINICAL PERSPECTIVE IMPROVES STRATEGY Physicians provide insight into the on care delivery $20,100,000 58% of physicians say that medical systems are distant and unresponsive.

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