Healthcare Business Today Features Tony Stajduhar Discussing Physician Disengagement

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Few career paths are more noble – more revered – than that of a physician. But the stress of COVID-19, poor engagement, and rising burnout are causing some to wonder why they ever signed up for this. Doctors are in crisis, and a new survey shows that they are prepared to make career decisions that could negatively disrupt our healthcare system.

We went into COVID-19 with a looming physician shortage, one that is even worse in rural areas where 20% of the U.S. population lives, but where only 11% of doctors practice. The Association of American Medical Colleges (AAMC) last projected the shortage to be up to 139,000 physicians by 2033, but it is anybody’s guess how much it will grow post-pandemic. Will we ever catch up? Short of major regulatory changes such as increasing residency slots, making medical school more affordable, and revamping licensing requirements, it will be tough at best.

From October through November 2020, Jackson Physician Search surveyed practicing physicians and healthcare administrators to get insight on some of the industry’s toughest challenges: physician retention, engagement, and burnout.

There is promising news. Many future doctors are in the works. The “Fauci effect” has spurred new interest in public health, and in medical school enrollment in particular.

Read the Entire Article on HealthcareBusinessToday.com

Need Help Recruiting Physicians, Physician Leaders, and Advanced Practice Providers? 

Jackson Physician Search is an established industry leader in physician recruitment and pioneered the recruitment methodologies standard in the industry today. The firm specializes in the permanent recruitment of physicians, physician leaders and advanced practice providers for hospitals, health systems, academic medical centers and medical groups across the United States. Headquartered in Alpharetta, Ga., the company is recognized for its track record of results built on client trust and transparency of processes and fees. Jackson Physician Search is part of the Jackson Healthcare® family of companies. For more information, visit www.jacksonphysiciansearch.com.

MGMA Poll Finds 72% of Practices Hiring Physicians: JPS President Tony Stajduhar Weighs In

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The Medical Group Management Association’s most recent MGMA Stat poll asked healthcare leaders, “Is your org planning to hire for new physician positions in 2021?”

  • 72% said yes.
  • 28% said no.

The poll was conducted March 9, 2021, with 1,063 applicable responses.

Among those who said “yes,” the most common physician specialties were:

  • Family medicine (31%)
  • OB/GYN (13%)
  • Orthopedics (11%)
  • Internal medicine (9%)
  • Pediatrics (8%).

Measuring the physician market

The market for physicians in 2021 was already defined by projected shortages in the coming years, as well as a string of unexpected retirements in the past year due to the COVID-19 pandemic and other reasons, as noted in the March 2 MGMA Stat poll.

With more than one in four healthcare leaders reporting an unexpected physician retirement, the potential for hiring seems much higher in 2021 than in recent memory. In an average year, approximately 6% to 7% of the physician workforce changes jobs or location, according to Jackson Physician Search.

Read the Entire Article on MGMA.com

Need Help Recruiting Physicians, Physician Leaders, and Advanced Practice Providers? 

Jackson Physician Search is an established industry leader in physician recruitment and pioneered the recruitment methodologies standard in the industry today. The firm specializes in the permanent recruitment of physicians, physician leaders and advanced practice providers for hospitals, health systems, academic medical centers and medical groups across the United States. Headquartered in Alpharetta, Ga., the company is recognized for its track record of results built on client trust and transparency of processes and fees. Jackson Physician Search is part of the Jackson Healthcare® family of companies. For more information, visit www.jacksonphysiciansearch.com.

JPS President Tony Stajduhar Featured in MGMA Article: COVID’s Toll on Physicians

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The Medical Group Management Association’s most recent MGMA Stat poll asked healthcare leaders, “Have you had a doctor retire unexpectedly in the past year?”

  • 28% said yes.
  • 72% said no.

Among the healthcare leaders who reported an unexpected retirement:

  • Nearly half (45%) said it was related to the pandemic:
    • 4% said a doctor retired after a COVID-19 diagnosis.
    • 41% said the retirement was pandemic-related, such as burnout, health risks, loss of reimbursement.
  • 30% said the retirement was based on non-COVID-19 health reasons.
  • 26% said “other,” which included at least one physician who left to pursue alpaca farming.

Continue to MGMA.com to read the full article, and learn more about:

  • The gap between physician supply and demand.
  • The disconnect between administrators and physicians.
  • Better engagement and retention strategies.

Read the Entire Article on MGMA.com

Need Help Recruiting Physicians, Physician Leaders, and Advanced Practice Providers? 

Jackson Physician Search is an established industry leader in physician recruitment and pioneered the recruitment methodologies standard in the industry today. The firm specializes in the permanent recruitment of physicians, physician leaders and advanced practice providers for hospitals, health systems, academic medical centers and medical groups across the United States. Headquartered in Alpharetta, Ga., the company is recognized for its track record of results built on client trust and transparency of processes and fees. Jackson Physician Search is part of the Jackson Healthcare® family of companies. For more information, visit www.jacksonphysiciansearch.com.

Medscape Reports New Survey Shows COVID Tied to Big Turnover of Docs

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A Year of COVID Tied to Big Turnover Among Employed Docs: Survey

Expect more turnover among employed physicians, says Jackson Physician Search, a leading recruitment firm. And the turmoil in the field is at least partly due to the extra burden the COVID-19 pandemic has placed on clinicians, according to new survey data.

Based on survey responses from 400 practicing physicians and 86 administrators of healthcare organizations, a Jackson report finds that 54% of employed doctors are ready to make major career decisions. Of those physicians, 50% said they’re planning to switch employers; 21% are opting for early retirement, and 15% intend to quit medicine. The rest have other plans.

Thirty percent of the administrators said they’d already lost physicians during the pandemic. Coupling that with the physician responses to other questions, the Jackson report commented, “It appears a mass exit of talent is yet to come.”

(cont. on medscape.com)

Read the Entire Article on Medscape.com

Need Help Recruiting Physicians, Physician Leaders, and Advanced Practice Providers? 

Jackson Physician Search is an established industry leader in physician recruitment and pioneered the recruitment methodologies standard in the industry today. The firm specializes in the permanent recruitment of physicians, physician leaders and advanced practice providers for hospitals, health systems, academic medical centers and medical groups across the United States. Headquartered in Alpharetta, Ga., the company is recognized for its track record of results built on client trust and transparency of processes and fees. Jackson Physician Search is part of the Jackson Healthcare® family of companies. For more information, visit www.jacksonphysiciansearch.com.

Jackson Physician Search White Paper on Physician Retention Featured in Fierce Healthcare Article

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COVID-19 is exacerbating physician retention and burnout. Here are some tips to address it.

A surprisingly large percentage are considering leaving the practice of medicine entirely, planning to retire early, or leaving to work for another employer, based on a survey of 485 physicians and administrators by Jackson Physician Search.

COVID-19’s impact on front-line healthcare staff will unfold for years to come, but it appears to have already had an effect on physicians’ career plans, according to a new survey.

A surprisingly large percentage are considering leaving the practice of medicine entirely, planning to retire early, or leaving to work for another employer, based on a survey of 485 physicians and administrators by Jackson Physician Search.

The financial realities of physician turnover are staggering. Recruitment costs can add up to $250,000 or more per physician, including sourcing, relocation, and sign-on bonus, according to the survey. Plus, lost revenue can easily exceed $1 million during a specialist vacancy.

(cont. on fiercehealthcare.com)

Read the Entire Article on FierceHealthcare.com

Need Help Recruiting Physicians, Physician Leaders, and Advanced Practice Providers? 

Jackson Physician Search is an established industry leader in physician recruitment and pioneered the recruitment methodologies standard in the industry today. The firm specializes in the permanent recruitment of physicians, physician leaders and advanced practice providers for hospitals, health systems, academic medical centers and medical groups across the United States. Headquartered in Alpharetta, Ga., the company is recognized for its track record of results built on client trust and transparency of processes and fees. Jackson Physician Search is part of the Jackson Healthcare® family of companies. For more information, visit www.jacksonphysiciansearch.com.

Healthcare Innovations Highlights Insights from a New Jackson Physician Search Survey

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Is Healthcare on the Verge of a Physician Turnover Epidemic?

A new survey gathered insights from physicians and healthcare administrators on a variety of employment-related issues.

The impact of COVID-19 on front-line healthcare staff will likely be felt for years, and the findings from a recent survey of physicians bring up a key question: is the healthcare industry on the verge of a physician turnover epidemic?

The survey, conducted by Jackson Physician Search, a national physician recruitment firm, included responses from 400 physicians across a range of specialties, and from 86 healthcare administrators from throughout the U.S. The study revealed several insightful findings, including:

  • Nearly 70 percent said they are actively disengaged from their employers. Interestingly, when administrators were asked the same question, they said only 35 percent of their physicians felt this way.
  • 54 percent of physicians surveyed said COVID-19 has changed their employment plans.

(cont. on hcinnovationgroup.com)

Read the Entire Article on hcinnovationgroup.com

Need Help Recruiting Physicians, Physician Leaders, and Advanced Practice Providers? 

Jackson Physician Search is an established industry leader in physician recruitment and pioneered the recruitment methodologies standard in the industry today. The firm specializes in the permanent recruitment of physicians, physician leaders and advanced practice providers for hospitals, health systems, academic medical centers and medical groups across the United States. Headquartered in Alpharetta, Ga., the company is recognized for its track record of results built on client trust and transparency of processes and fees. Jackson Physician Search is part of the Jackson Healthcare® family of companies. For more information, visit www.jacksonphysiciansearch.com.

Tony Stajduhar Published in MGMA Connection – Tight Physician Market in a Post-COVID-19 World Calls for Competitive Compensation

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The year 2020 has been a remarkably challenging period for the healthcare industry, with intense pressure on physicians during the COVID-19 pandemic. Doctors have learned to cope with new safety protocols, while much of the industry has absorbed the financial impact of reduced elective procedures and patient volumes. And those providers on the frontlines of acute care have worked tirelessly helping patients in need, risking their health in the process.

In an average year, approximately 6% to 7% of the physician workforce changes jobs or location, meaning approximately 50,000 physicians will accept new positions in 2020 alone.1 Even in today’s softer recruitment environment in which more doctors are temporarily available, hiring remains a sizeable investment — up to $250,000 for a single candidate when you factor marketing, sign-on bonus, relocation stipend and other expenses.2 Interview costs alone can total approximately $30,000 per candidate.3

It’s also a time-consuming ordeal, requiring 7.3 months on average to fill a family medicine role and 7.9 months for a surgical specialist such as a cardiologist, according to Jackson Physician Search’s Recruitment ROI Calculator. Respectively, those vacancies can lead to $503,000 and $1,607,000 in lost revenue for a medical group.

Demographic trends are contributing to a growing doctor shortage: Some estimates suggest that 30% of the physician population is at or near retirement age. Combine that with the prohibitively large costs involved in training to be a doctor and decades of student loan debt, and we are seeing an ever-increasing void in the specialist community.

As the business of healthcare returns to relative normal, it is the ideal time to resuscitate your physician recruitment process. Searches have decreased as much as 25% to 50% for some healthcare organizations and medical groups. Operational cutbacks and mandates to cancel or delay elective surgeries have meant that overall revenues are down, making recruiting of non-essential employees a lower priority. But essential physicians remain in high demand.

(cont. on MGMA.com)

Read the Entire Article on MGMA.com

Need Help Recruiting Physicians, Physician Leaders, and Advanced Practice Providers? Learn about Jackson Physician Search’s Executive Partnership with MGMA.

Jackson Physician Search is an established industry leader in physician recruitment and pioneered the recruitment methodologies standard in the industry today. The firm specializes in the permanent recruitment of physicians, physician leaders and advanced practice providers for hospitals, health systems, academic medical centers and medical groups across the United States. Headquartered in Alpharetta, Ga., the company is recognized for its track record of results built on client trust and transparency of processes and fees. Jackson Physician Search is part of the Jackson Healthcare® family of companies. For more information, visit www.jacksonphysiciansearch.com.

2020 AAPPR Physician Recruitment Search Success Survey Report

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Sponsored by Jackson Physician Search, the Association for Advancing Physician and Provider Recruitment (AAPPR) surveyed in-house physician recruiters just prior to the pandemic taking hold in the U.S. to learn about the factors that may have impacted recruitment success.

With time-to-fill increasing an average of 10 days over the past five years, this timely report offers insight on how culture, compensation, and location may influence your organization’s ability to recruit. A few key findings include:

  • 10% said their organizations are “world-class” in terms of overall efficiency at filling searches.
  • 72.3% agreed their C-Suite enhances the recruitment process.
  • 35% rated planning for workforce succession as somewhat below average or poor.

Go to the AAPPR website to download the full Physician Recruitment Search Success Survey.

 

About Jackson Physician Search
Jackson Physician Search is an established industry leader in physician recruitment and pioneered the recruitment methodologies standard in the industry today. The firm specializes in the permanent recruitment of physicians, physician leaders and advanced practice providers for hospitals, health systems, academic medical centers and medical groups across the United States. Headquartered in Alpharetta, Ga., the company is recognized for its track record of results built on client trust and transparency of processes and fees. Jackson Physician Search is part of the Jackson Healthcare® family of companies. For more information, visit www.jacksonphysiciansearch.com.

2020 AAPPR Physician Recruitment Workplace Satisfaction Report

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Sponsored by Jackson Physician Search, the Association for Advancing Physician and Provider Recruitment (AAPPR) conducted a survey about in-house physician recruitment workplace satisfaction.

In-house recruiters face the tough challenge of recruiting physicians where there are often more roles than candidates available. In this survey, you’ll find how their job satisfaction and plans to remain in their current position may be influenced by the physician shortage, overall workload, leadership concerns, and more. Key findings include:

  • Finding candidates was the #1 most challenging aspect of a recruiter’s job, with leadership cited as #2.
  • 75% reported a high degree of stress and heavy workload.
  • 41% plan on leaving their current organization within three years.

Go to the AAPPR website to download the full Physician Recruitment Workplace Satisfaction Report.

Tony Stajduhar Featured in HealtheCareers Article – Recruiting in the Age of Coronavirus

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President of Jackson Physician Search, Tony Stajduhar, was recently interviewed for an article published by HealtheCareers.com. Below is an excerpt from that article.

At Jackson Physician Search in Alpharetta, Georgia, President Tony Stajduhar is all in for the greater good. “We’re in a cool position to be a part of something greater in healthcare right now, to be able to do so many things to help so many people in different ways,” he says. “We’ve always been a company that puts others first, and we are living those values. It’s refreshing.”

Click here to read the full article on HealtheCareers.com.