Tuesday, April 2, 2013

Stronger Economy Stimulates Doctor Turnover


A recent Physician Retention Survey has determined many physicians are considering a new practice environment as a result of the strengthening economy.

There have been uncertainties in sustainability with the changing healthcare environment and how changes in healthcare reform and reimbursements may affect net compensation for physicians.  With positive media attention on a strengthening economy, many physicians are seeking out new, more stable employment opportunities.

According to the recent survey physician turnover has increased by the largest amount in 8 years.  If the economy continues to increase, the physician turnover is also expected to increase.  Many physicians will seek different employment opportunities or retire, as many were forced to delay retirement with a more tumultuous economy.

Turnover will come at a time when there is already a significant physician shortage.  

Read the full article including the full survey results in American Medical News, or click here:

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