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Comment Period of Solicitation
By Staff Reporters
A recent survey of 3,729 family care physicians found that 40.3% considered leaving their primary care practices, with 16.5% reporting that 2010 was the first year they had considered such a career change.
M3 Global Research
“The poll results are not surprising given the rising financial pressures for family practices,” said Craig Overpeck, chief operating officer of M3 Global Research.
“Only 15.6% hold out hope of 2011 being a better than average year for their personal income, with 17.7% forecasting 2011 to be one of the worst earning years of their career. The survey also reported only three out of five physicians enjoying better job satisfaction than they anticipated on their first day in medical school.”
The ME-P Wants to Know:
- Are you satisfied with being a primary care physician?
- Why or why not?
- What do you think the main reasons are for dissatisfaction among primary care physicians?
- Would you advise a medical student to go into primary care?
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Conclusion
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Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com
OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:
- PRACTICES: www.BusinessofMedicalPractice.com
- HOSPITALS: http://www.crcpress.com/product/isbn/9781466558731
- CLINICS: http://www.crcpress.com/product/isbn/9781439879900
- ADVISORS: www.CertifiedMedicalPlanner.org
- FINANCE: Financial Planning for Physicians and Advisors
- INSURANCE: Risk Management and Insurance Strategies for Physicians and Advisors
- Dictionary of Health Economics and Finance
- Dictionary of Health Information Technology and Security
- Dictionary of Health Insurance and Managed Care
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Filed under: "Doctors Only", Career Development, Surveys and Voting | Tagged: M3 Global Research, Primary Care Doctorm Satisfaction, Primary Care Doctors |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Shortage of Physicians, APNs, PAs Predicted for 2025
Advanced practice nurses (APNs) and physician assistants (PAs) are frequently touted as the solution to the physician shortage, but there will not be enough of all three professionals combined to meet the nation’s healthcare needs in 2025, according to a study published in the June issue of the Journal of the American College of Surgeons.
Lead author Michael Sargen, a medical student at the University of Pennsylvania in Philadelphia, and co-authors write that although the United States needs to expand the workforce of these three types of “advanced clinicians,” healthcare personnel with less training must assume more patient care responsibilities, especially as more Americans gain insurance coverage under the Affordable Care Act.
Source: Robert Lowes, Medscape News [7/11/11]
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Care-Coordination Initiative Announced
The CMS will pay primary-care doctors to better coordinate care under a pilot program that would require other public and private insurers to make a similar investment. Primary-care doctors will receive an average of $20 per month for each Medicare fee-for-service enrollee to coordinate care in five to seven communities where most other insurers also agree to take part.
Care coordination payments or other support from public or private insurers “will be expected,” as part of the program, according to the solicitation. Insurers must also agree to shared savings, disclosure of cost and medical use data, and should be willing to coordinate quality and other measures. Medical practices that participate in the program and meet quality measures will be eligible to keep a share of savings.
Source: Melanie Evans, Modern Healthcare [9/28/11]
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Administration makes $9.1 million available for primary care in underserved areas
The Obama administration just announced that it is making $9.1 million in National Health Service Corps awards available to medical students who are willing to serve in underserved areas.
http://thehill.com/blogs/healthwatch/health-reform-implementation/210313-obama-administration-makes-91-million-available-for-primary-care-in-underserved-areas
Any thoughts, and will this help the PC shortage?
Dr. Beasley
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Primary Care Docs See Pay Rise 5%: MGMA Survey
New payment methodologies may be driving compensation increases of around 5% or higher for primary-care physicians, according to the new MGMA publication “Physician Compensation and Production Survey: 2012 Report Based on 2011 Data.”
Median earnings for primary-care doctors increased around 5.2%, with internists seeing a 5% compensation boost to $215,689. The median compensation for pediatric/adolescent medicine physicians was $203,948, according to the report; for family medicine physicians, it was $200,114. The report also includes information on non-physician providers, such as primary-care and surgical physician assistants, whose median compensation was $92,635 and $111,246, respectively.
Source: Andis Robeznieks, Modern Physician [7/10/12]
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Firm Sees a “Silent Exodus” from Medicine
Frustrated by mounting regulation, declining pay, loss of autonomy and uncertainty about the effect of health system reform, doctors are cutting back the number of hours they work and how many patients they see.
http://www.ama-assn.org/amednews/2012/10/08/prl11008.htm
Hope Rachel Hetico RN MHA
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3 in 5 Physicians Would Quit Today If They Could
I was struck by this post and comments, and offer this related essay by Jane Sarasohn-Kahn.
Being a doctor isn’t a happy profession in 2012: 3 in 5 doctors say that, if they could, they’d retire this year. Over three-fourths of physicians are pessimistic about the future of their profession.
http://thehealthcareblog.com/blog/2012/10/08/3-in-5-physicians-would-quit-today-if-they-could/
In fact, 84% of doctors feel that the medical profession is in decline. And, over 1 in 3 doctors would choose a different professional if they had it all to do over again.
Sarita
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“I Hate My Job”
Less than a third of U.S. employees were engaged with their jobs in 2014, found a new Gallup poll.
http://www.gallup.com/poll/181289/majority-employees-not-engaged-despite-gains-2014.aspx?utm_source=alert&utm_medium=email&utm_content=heading&utm_campaign=syndication
So doctors, get over your-selves already!
Jenny
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