SELECT PERSPECTIVES BLOG

The Shocking Cost of Physician Turnover

Posted by  Bryan Warren

We’ve spoken with several hospital Chief Medical Officers over the past few months.  They all tell the same story:
  • Building a team of employed physicians is core to the hospital’s survival strategy.
  • The recruiting and selection process has not changed in twenty years.  It’s all based on credentials and informal interviews.
  • They are surprised when physicians leave.
  • They go back and do the same thing again.
  • No one looks at the financial implications of this cycle.  They are too focused on rushing to fill the spot again.

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