HCPLive Network
PRACTICE MANAGEMENT

Nearly Half of Physicians are Discontent

Laura Joszt | Saturday, June 15, 2013
In general, physicians are so discontent that more than half said they wouldn’t recommend the medical profession to the next generation, according to the results of a survey.
 
The Jackson Healthcare “Filling the Void: 2013 Physician Outlook & Practice Trends” report revealed that physician discontent is creating a void in health care as these physicians prepare to leave medicine early, either through retirement or a career change.
 
More than a third (36%) reported a negative outlook for the future of their careers and just 16% reported a favorable outlook. Plus, 59% said they were unlikely to recommend the medical profession to a young person considering entering the medical field as a physician.
 
Satisfied physicians were more likely to be male, older than 45 years old and anesthesiologists, surgery subspecialists, pediatric subspecialists or dermatologists. However, overall, 42% of physician respondents reported being dissatisfied.
 
Dissatisfied physicians were more likely to be female, younger than 45 and practicing internal medicine, primary care, family medicine, emergency medicine, hospitalist/critical care, musculoskeletal specialties or radiology.
 
 
Unsurprisingly, the more hours a physician reported working and the fewer support staff he or she had access to, the more dissatisfied the physician was. While 52% of physicians working permanent jobs were in private practice and planned to stay, 31% never worked in private practice and the rest have either already left private practice or plan to leave.
 
According to Jackson Healthcare, 39% of physicians younger than 45 years of age have never worked in private practice. So, although QuantiMD and CareCloud’s recent Practice Profitability Index revealed that only 11% of independent physicians are looking to sell their practices, solo practitioners continue to disappear as medical school graduates choose hospital employment.
 
In the next year, 23% of physicians either plan to leave medicine or are considering to do so — a rather large increase from just 14% who said so in 2012. According to the survey results, 18% plan to retire or leave medicine within the next five years. When the timeline increases to 10 years, the percent of physicians looking to leave medicine or retire increases to 36%.
 
Close to 3,500 physicians completed the survey from Jackson Healthcare.



RELATED ARTICLES
Most Americans know that a given medical service could cost a significantly different amount depending on where one receives the service, but only recently have cost data about healthcare charges become widely available and widely discussed. National Nurses United earlier this year evaluated US hospitals to find out how much they charge for a procedure versus the actual cost of performing the procedure.
If you somehow managed to avoid the 5 worst trading days each year, you could have earned a staggeringly high return on your investments. Here are a list of other surprising figures that could have a significant impact on your wallet.
There are cycles to markets and no one really knows when a small hiccup or a seismic shift may occur. Although the market over the past weeks has rattled some investors, the advice from advisors seems to be hold your course and do not do anything rash.
RECENT CLINICAL ARTICLES
Seniors who wear their dentures when they sleep are at increased risk for pneumonia, according to a study published online Oct. 7 in the Journal of Dental Research.
New York and New Jersey health officials announced today that all health care workers returning from caring for patients in Ebola hot zones in West Africa will have to go into quarantine for 21 days. The new policy is stricter than the current one recommended by the US Centers for Disease Control and Prevention that calls for health monitoring for 21 days. It was that policy that allowed Craig Spencer, MD to be out and about a day before he was diagnosed with Ebola Thursday and rushed to city-run Bellevue Hospital Center in Manhattan.
N-terminal pro-B-type natriuretic peptide (NT-proBNP) modestly improves cardiovascular disease (CVD) risk prediction for women, according to a study published in the Oct. 28 issue of the Journal of the American College of Cardiology.