Healthcare Recruitment in Today’s Marketplace

Alpha Medical Group recently hosted a webinar on Healthcare Recruitment in Today's Marketplace. Here are some of the startling facts we discovered.

 This information is available in downloadable PDF format at the bottom of this page.

Today’s Marketplace

A Recent Survey conducted by AMN of 285 Hospital CEO’s finds:

  • Hospital vacancy rate for Physicians is 10.7%
    • 86% of Hospital CEO’s state there is a “serious shortage” of Physicians in the US
    • 19% indicate the shortage already compromises quality of care
    • 70% state not enough physicians to meet the increased demand of proposed healthcare referrals
    • 86% indicate it is “somewhat or very difficult” to recruit physicians

Over 50% of physicians hired last year were hired directly by hospitals

  • Increased competition for same physician candidate pool

Physician Workforce Shortage

In 2016, Bureau of Labor statistics predicted physician jobs to grow 13 percent from 2016 to 2026.

AAMC Study Released April 2019:

  • Projected total physician shortfall of between 46,900 and 121,900 physicians by 2032
  • Primary care physician shortage of 21,100 to 55,200 physicians is projected by 2032
  • Projected shortfalls in non-primary care specialty categories of 24,800 to 65,800 physicians
    • Including 14,300 to 23,400 shortfall in 2032 for surgical specialties
  • By 2032, a shortage of 3,400 psychiatrists

Critical Shortages

AAMC estimates that an additional 45,000 Primary Care Physicians will be needed by 2020 to keep up with demand

  • Only 28% of Medical Students will consider Primary Care as a career path

24% of Pediatricians work part-time

Currently have 50% of the Child and Adolescent Psychiatrists needed

Today’s Candidate Pool

American Trained vs. International Medical Graduates

  • IMGs account for 25% of the US Physicians
  • IMGs account for 27% of current US Residents and Fellows

Board Certified vs. Not Board Certified

  • ABMS survey found 93% of patients thought Board Certification to be very important

Malpractice

  • 61% of physicians 55+ years of age have been named in a suit
    • 90% of Surgeons 55+ years old have been named

Interviewing: What Candidates Want

Recent Survey of 16,000 Medical Students Finds Most Appealing Practice Setting:

  • No Call
  • Work / Life Balance –Scheduled to work less than 46 hours per week
  • Electronic Medical Records
  • Academic Link
  • Salary and Employed Positions

A Recent Survey Conducted by AAMC Finds

  • 71% indicate time off and work / life balance are most important
  • 66% will not work more hours for more money
  • 80% would work less hours for less / equal money
  • 60% want a salaried position

If you use recruitment firms, what services do you like provided?





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