More job opportunities available for physicians
(HealthDay)—More than half of physicians are receiving up to three employment solicitations per week, according to a report published by American Medical Association (AMA).
According to a study from the physician recruiter Medicus Firm, released in June, more than half of practicing physicians receive at least three employment solicitations per week, and almost 29 and 23 percent, respectively, receive three to five and six to 10 notices per week. The Medicus Firm's survey also reported that nearly 28 percent of residents received three to five solicitations per week and 9 percent received 21 to 50 notices weekly.
Although the physician shortage is one reason for increased recruitment of physicians, with a shortage of 46,100 primary care doctors and 45,400 specialists estimated by 2020, more physicians are working for health systems and hospitals and doctor turnover is higher. The AMA and Medical Group Management Association-American College of Medical Practice Executives project that only 36 percent of physicians will own stakes in practice by the end of 2013, down from 57 percent in 2000. In 2012, 63 percent of recruiting assignments were hospital employment of physicians, an increase from 11 percent in 2004, according to Merritt Hawkins & Associates.
"I would say there is no question physician recruiting activity is increasing, in part due to the doctor shortage and in part due to the improving economy, which allows hospitals and groups the financial latitude to get back in the recruiting game," said Phil Miller, vice president of Merritt Hawkins, according to the AMA.