Although most physicians do not see a career move in the short-term future, those who did cited greater financial rewards as the main motivating factor, according to findings from The Medicus Firm.
As part of The Medicus Firm's 2013 "Physician Practice Preference & Relocation Survey," physicians identified their primary motivations for seeking new practice opportunities. Figures reflect responses from a pool of 2,568 physicians representing 19 specialties.
Of the sample, 18.4 percent are employed by a hospital, 18.4 percent are in training, 11.7 percent are in a solo practice and roughly 38 percent are in a multi- or single-specialty group.
The plurality of respondents (42.3 percent) said they do not plan to make a career change in 2013. Of those who would consider a career change, they selected the following factors as primary motivators.
1. Greater financial rewards — 27.8 percent
2. Better geographic location — 12.6 percent
3. Better call coverage — 7.1 percent
4. I no longer want to practice medicine and will seek nonclinical roles — 6.6 percent
5. Retirement — 2.8 percent
6. Less competition — 0.8 percent
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