Physician shortages are here to stay and we are here with everything you need to stay in the know. According to the AAMC, the physician shortage by 2034 is projected to be between 17,800 and 48,000 primary care physicians. The problem is exasperated by the time it takes to educate doctors and release them into the workforce.
Let’s discuss a few things to keep in mind and ways you can thrive amid the physician famine.
Burn Out
The pandemic and rising demand for healthcare took its toll on medical professionals. With many doctors working long hours, some are considering early retirement. Those in private practice consider cutting hours back to make more time for family or relaxing. Additionally, some doctors are still paying off tremendous debts which creates financial stress. Physician mental health has become a cause for concern as doctors struggle to balance all the demands.
Gaps in Upcoming and Retiring Physicians
While the amount of medical students is increasing, the retiring physicians leave a gap in the workforce. The growing national population has also increased the demand. Many doctors at retirement age are also moving toward teaching positions. With more people needing care, the time to see a doctor has increased. Therefore, people with serious medical situations or who live in rural areas may have worsening symptoms before they are seen. Due to these issues, more doctors are referring patients to help them receive the care they need faster.
Welcoming New Blood
The good news, according to AAMC, the number of medical students grew by 34% in the last 20 years. The pandemic allowed the next generation to see the need for healthcare workers. As an employer, now is the time to partner with a staffing agency and begin creating relationships with universities to recruit the new workforce. it is vital to bridge the gap between your veteran staff physicians and to create opportunities for training and mentorship. Be sure to include advancement opportunities and stay competitive in what you offer as many organizations will be head-hunting students.
Solution You Can Offer
As an employer, you can increase retention by caring for your staff. Create opportunities for them to speak with mental health professionals through EPA (employee counseling programs) initiatives. Offer flexible hours and help your staff take breaks as needed. Consider offering student loan forgiveness programs. Make use of the popular telehealth trend. This gives your physicians a chance to work from their office of choice. Utilize services like online messaging or referral systems. This allows patients to ask nurses and have access to paperwork online, decreasing the burden. Finally, offer cross-training to your staff. Creating a team of physicians helps you to expand and disburse the burden of patient care.
Recruiting? You are not alone, contact SVS Group today!
SVS Group has worked within multiple industries with employers just like you. We have honed time-tested strategies for your hardest HR challenges. From recruiting to retention, you don’t have to do it alone. Don’t get caught in the physician shortages. Call or email our offices today!