Recruiting the best medical staff — and keeping them — is essential to success in healthcare.
In today's world, this is becoming a more difficult objective than in years past. Here are some great resources to help you improve your success rate.
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Early Career Essentials
Webinar: Building Better Recruitment and Retention Strategies for Early Career Physicians
MGMA offers a great series of webinars with healthcare experts. Here's one you can access for free!
Do sports teams win or lose at the draft? While the reality is more nuanced, there’s no doubt that a successful draft contributes to building a competitive team and a winning season. The same is true for medical groups in competition for physicians. The growing physician shortage, partly fueled by two of every five physicians on the cusp of retirement, means practices are recruiting physicians still in residency or fellowship earlier than ever. But just as the average NFL career is only 3.3 years, it’s been estimated that many physicians don’t stay much longer in their first physician job.
Early-Career Physician Recruitment Playbook
New research results from Jackson Physician Search and MGMA confirm that physicians who completed residency or fellowship in the past six years spent less than two years on average in their first job before leaving, compared to practicing physicians of all ages who spent an average of six years in their first job.
The same study revealed that, while physicians-in-training rated compensation (50%) as their most important need in a first position, the driving motivator to leave that first job was practice ownership/governance (35%), indicating a substantial shift in priorities.
The new report – Early-Career Physician Recruiting Playbook – reflects feedback from physicians and administrators across the nation. The survey sought medical group administrators’ and physicians’ unique views on the top factors influencing residents and fellows to accept and remain longer in their first jobs to inform better physician recruitment and retention strategies.
Visit our executive partner, Jackson Physician Search, to read the full whitepaper on this topic.