More Physician Recruitment Articles
Improve Physician Retention and Boost your Bottom Line
A growing U.S. physician shortage means organizations are
demanding more of staff and contracted physicians at a time when
physician frustration is on the rise.
Surveys conducted in 2006 by both LocumTenens.com and the
American College of Physician Executives (ACPE) indicate that
issues like low reimbursement levels, high workload volume and loss
of autonomy are challenging physicians to find great satisfaction
in practicing medicine.
Read the complete
whitepaper, "In Their Words: The Real Story on Physician
Turnover"
Physician staffing
LocumTenens.com Survey of Physician Recruiters in U.S. Healthcare
Organizations
In summer 2006, LocumTenens.com surveyed the 700+ members of the
Association of Staff Physician Recruiters (ASPR) to gather
information and identify trends in physician recruiting and
retention.
Highlights of the survey findings included:
- Almost half (45%) of respondents reported they had recruited
more than 20 physicians in the past year, compared to 27% of 2005
respondents. Among those, about a third of respondents (32%)
recruited more than 30 physicians in the past year.
- Forty percent (40%) said their organizations plan to spend more
than $300,000 on physician recruitment in 2006. Of those, 19% said
their organizations planned to spend more than $500,000.
- The number of organizations using no locum tenens physicians
decreased, from 32% in 2005 to 20% in 2006. The number of
organizations reporting they had used up to 10 locum tenens
physicians in the past year increased by 10%, from 50% in 2005 to
60% in 2006. The percentage of respondents reporting their
organizations used more than 10 locum tenens physicians in the past
year increased by 5%, from 20% in 2005 to 25% in 2006.
Physician Recruitment Resources
RecruitRx: Add this to your physician recruitment toolbox
Your healthcare organization faces a recruiting dilemma when a
staff physician leaves the practice unexpectedly. Whether it's for
a vacation, a death or parental leave, how will the sudden
physician vacancy affect the growing practice and your annual
physician recruitment budget?
Traditionally, you have had to decide if you would spend time
picking through curricula vitae one-by-one, or spend money
conducting the search through a physician recruiting agency. Now
there's a third option called "RecruitRx."
A precedent in the physician recruitment industry, RecruitRx is
a web-enabled broadcast email tool that saves you time and money.
Essentially, the software application gives non-agency physician
recruiting staff access to the agency's physician database.
Learn more about
Recruit Rx
The ROI of Locum Tenens
Healthcare executives are often concerned about what they see as
the high cost of locum tenens physicians / CRNAs. But the lost
revenue associated with leaving a physician vacancy unfilled for
months on end can more than justify the hiring of a locum tenens
doctor. Consider this: without the cost of payroll taxes, benefits,
malpractice insurance, and CME expenses, the total cost of locum
tenens doctors is comparable to the cost of salaried doctors.
Although the potential lost revenue in professional fees and
ancillary services can be significant, the value of hiring locum
tenens doctors touches more than just your bottom line. For an
in-depth analysis of the ROI of locum tenens read: "Locum Tenens: A Smart
Investment".