What’s Causing Physicians to Quit Their Jobs?
There’s a problem in our nation’s physician pool and our doctors are in crisis. HCPro reports that one in three doctors are planning to leave the profession in the next decade. This will exacerbate the physician shortage the Association of American Medical Colleges (AAMC) says could top 100,000 in both primary and specialty care. What’s happening in the industry that’s causing this trend?
Average Revenue Generated by Primary Care Physicians and Specialists
Primary care — defined as family practice, general internal medicine and pediatrics – providers draw in their fair share of revenue for the organizations that employ them, averaging nearly $1.5 million for the practices and health systems they serve. Specialist physicians typically generate even more revenue for their affiliated hospitals than primary care physicians, as might be expected, but the point here is that caregivers drive enormous economics surrounding they serve.