In recent years, the demand for locum tenens physicians has risen dramatically across the country, largely as the result of increased patient volume. Contributing to this increase is the aging baby boomer population and a drop in uninsured under the Affordable Care Act.
As physician burnout continues to be a major issue in the healthcare industry, many hospitals are taking steps to encourage wellness among their physicians. Such programs are a worthwhile enterprise, as a single physician turnover is estimated to cost a hospital anywhere between $250,000 and $...
In the past five years, the total compensation of primary care physicians increased by more than 10%, nearly double that of specialty physicians, according to data released by the Medical Group Management Association (MGMA).
Many of the best states for physicians are located in the Midwest, according to an analysis by personal finance website WalletHub. South Dakota was ranked as the best state for physicians, followed by Nebraska, Idaho, Iowa, and Minnesota. New Jersey was ranked as the worst state, followed by New...
When the time comes to choose a medical field, primary care is often overlooked for what medical students and residents consider more glamorous specialties. Unfortunately, this can cause its true value to go ignored. By 2025, there will be a predicted primary care shortage of 12,500 to 31,100...
The increasing trend toward direct employment of physicians by hospitals may seem to be shifting power from physicians to hospitals; however, in the words of Lawrence Peter “Yogi” Berra, “it ain’t over till it’s over.”
A Moody’s report on hospital financial trends pointed out that while...
