5 things to know about physician placement trends
Primary care physicians remain in high demand, and advanced practitioners are increasingly sought after, according to the Medicus Firm's 2017 Physician Placement Report, released Wednesday.
The report summarizes all provider placements made in partnership with the Medicus Firm in 2016 and also evaluates trends from 2012 to 2016.
Here are five findings from the report.
1. Primary care physicians are most in-demand. Hiring of internists, pediatricians and family practitioners made up 35 percent of physician placements in 2016.
2. Fewer osteopathic physicians are being hired. In fact, the hiring of DOs fell to its lowest rate since 2012, according to Medicus Firm — 7.98 percent of physicians placed in 2016 were DOs, lower than the 11.74 percent of placements in 2015.
3. Nurse practitioners and physician assistants are hot commodities. In 2012, just 1.32 percent of placements were NPs or PAs. In 2016, that number has grown to 12 percent of total provider placements, up from 8.3 percent in 2015.
4. Physician employment model is still going strong. The vast majority (91 percent) of physicians placed with Medicus Firm were hired as employees, which is consistent with the 2015 employment rate (92 percent).
5. Signing bonuses became larger, more common. Including physician and nonphysician placements, 87.4 percent received a signing bonus in 2016, up from 68 percent in 2015. The average amount grew from $23,663 in 2015 to $24,802 in 2016.
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