Tuesday, July 30, 2013

What is job satisfaction for physicians?

This is an interested article from KevinMD.com, what is job satisfaction for physicians?  There has been a lot of media attention recently that physicians are unhappy, but what does it take to make physicians happy in their working environment and why are a large majority currently unhappy?


Monday, July 29, 2013

Physician Compensation Report: 2013

MedScape has released their 2013 Physician Compensation Report.  Overall, most physicians and specialists (both employed and in private groups) saw that income was increased from last year's report.  The report also noted that healthcare reform is making a definite impact on physicians practices.

In the annual report physicians revealed the number of hours worked, changes to their practice, and satisfaction with their compensation and the practice of medicine.

Access the report by clicking here:

Also, read 7 Statistics on Physician Compensation from Becker's Hospital Review based on the MedScape report by clicking here:

Friday, July 26, 2013

How Private Practice Physician Attitudes are Changing

Physicians Practice's has published the results from their 2013 Great American Physician Survey.  The report with full data for this year’s survey will be available online in mid-August 2013 and in the September 2013 issue of Physicians Practice.

This year's survey has found that career satisfaction among private practice physicians has remained relatively stable since 2009.  There has been a trending towards hospital employment and hospital systems buying out or merging with smaller groups and private practices, however despite the changing healthcare environment and declining reimbursement private practice physicians have maintained their overall career satisfaction.

Results published in the article on Physician's Practice actually say the 2013 survey responses from partners/co-owners of private practices indicate that their level of career satisfaction may actually be increasing.  In 2013, more of these respondents than in previous years said they strongly agreed with the statement, "I like being a physician." More specifically, on a scale of one to five (with five being "strongly agree" and one being "strongly disagree") 62 percent of partners/co-owners said they strongly agreed with that statement. That's about 10 percent more than said they strongly agreed in 2009.

The 2013 survey findings also indicate that the number of private practices physicians that are happy with their career path has remained relatively stable over the past few years.  When asked, "If given the chance to go back in time and pick another career path, what would you do?" 60 percent of private practice respondents said they would do everything roughly the same way they did it the first time. That's about the same percentage as in previous years.

While most private practice physicians said they wouldn't change the past when it came to their career choices, more private practice physicians in 2013 said they would discourage their child from pursuing a career in medicine in the future. This year, about 18 percent of respondents said they would discourage a career in medicine. In previous years, only about 13 percent of private practice physicians said they would discourage it.

When other private practice physician responses to our 2013 survey findings are considered, it's not surprising that more physicians said they would discourage their children from seeking a career in medicine.

Over the past few years, private practice physicians have indicated that they are working longer hours, and more have also indicated that they feel they don't have as much time for their personal life as they think they should.

In 2013, for instance, 88 percent of private practice physician respondents told us that they worked more than 40 hours per week. In 2010, about 85 percent said they did. In addition, in 2013, 73 percent of private practice physician respondents said they don't have as much personal time as they think they should. That's up from 67 percent just last year.

In addition, more private practice physician respondents this year said they often wish they could change workplaces. In 2013, 31 percent of respondents said they wished they could change workplaces. That's up from just 23 percent in 2010. In addition, the percentage of private practice physician respondents who said they plan to become hospital employed in the next five years doubled between 2013 and 2012 (from 3 percent to 6 percent).

Read the full article by clicking here: http://www.physicianspractice.com/blog/how-private-practice-physician-attitudes-are-changing?GUID=98C7CA21-2AF6-465B-A27F-FC956DFC383F&rememberme=1&ts=26072013