Our white paper, The Realities of Physician Retirement: A Survey of Physicians and Healthcare Administrators was recently featured in a HealthLeaders article written by Chris Cheney titled “How to Prepare for Physician Retirements”.
There are several considerations for both physicians and administrators, including notice periods and how to initiate retirement discussions.
- By next year, about one-third of physicians will be over 65 and nearing retirement.
- In a recent survey, lifestyle was identified as the most important factor in retirement decisions for physicians, with lifestyle cited by 44% of physicians.
- The survey found physicians and administrators have widely variant expectations on the ideal notice period for announcing plans to retire.
Healthcare organizations should create a positive culture and effective processes for physician retirements, according to a recent survey report published by Alpharetta, Georgia-based Jackson Physician Search.