Competition for qualified physicians has already begun to increase, but the physician shortage isn’t the only reason. Since 2009, the turnover rate for physicians has steadily increased and will likely get worse as an aging physician population begins to retire. But just how difficult is the situation with physician retention? And what can we do decrease turnover rates?
See the below infographic for some key statistics about physician retention and what practices and organizations can do to decrease turnover.
Key Take Aways
- Physician retention begins with recruitment – recruiting for cultural and community fit is crucial
- Having a thorough onboarding and mentoring plan for new hires is key
- Physicians are more vulnerable to turnover early on and late in their careers