The company’s survey — 2011 Review of Physician Recruiting Incentives — includes data from more than 2,660 physician recruiting assignments that Merritt Hawkins conducted from April 1, 2010-March 31, 2011. The results showed that more than 90 percent of searches that included physician production bonuses reward physicians using a fee-for-service volume model. In contrast, less than 7 percent of the searches rewarded physicians for meeting quality of cost goals.
Other findings include the following:
– Fifty-six percent of search assignments involved jobs with hospitals, compared with 23 percent five years ago.
– Only 2 percent of the search assignments featured positions for independent, solo practitioners, compared with 17 percent five years ago.
– Primary care physicians were the firm’s most requested type of physician for the sixth year in a row.
Related Articles on Healthcare Compensation:
California’s SVMH Board Member Says Former CEO Sam Downing Earned Retirement Pay
State Audit Will Probe Executive Compensation at California’s Salinas Valley Memorial
Hospital CEO’s Supplemental Retirement Pay Under Fire in California
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
