Today our podcast will look at the two sides of physician recruitment: the cost of recruiting and the oft-ignored cost of doctor turnover.
The US is facing an unprecedented shortage of physicians. By 2025 some analysts say the shortage will approach 100,000 doctors. That threat, and current market demand, combine to throw the physician recruiting into a dysfunctional, commoditized business model.
Some surveys say that 54 percent of doctors who are recruited to new practices leave within five years.
Why can hospitals and practices do to offset this costly dysfunction?
John outlines five ideas to help you improve your approach to physician recruiting.