On the Verge of a Physician Turnover Epidemic: Physician Retention Survey Results
President of Jackson Physician Search, Tony Stajduhar, reviews the results of our recent Physician Retention Survey, which also provides insight into physician engagement, physician burnout, as well as how COVID-19 is affecting physicians’ career plans now and into the future.
The great challenge for healthcare administrators is to develop an effective physician retention program that not only reduces physician turnover, but also increases physician engagement, mitigates burnout, and contributes to a positive workplace culture.
The results of the Physician Retention Survey commissioned by Jackson Physician Search suggest that healthcare administrators are attempting to address these dimensions, but a large percentage of physicians have deemed their efforts as mostly ineffective or poorly communicated.
Additionally, 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. Responses from 400 practicing physicians indicate that a surprisingly large percentage are considering leaving the practice of medicine entirely, planning to retire early, or leaving to work for another employer.