Close to half of last-year residents would prefer hospital employment, survey finds

Morgan Haefner - Print  | 

Forty-three percent of final-year medical residents said they would prefer being employed by a hospital over any other practice option, according to a survey from healthcare consulting firm Merritt Hawkins.

The 2019 Survey of Final-Year Medical Residents consisted of an emailed questionnaire that gauged the demand of final-year medical students. About 400 final-year residents responded to the survey.

Five additional findings from the report:

1. When considering an employment opportunity, geographic location was cited as a top priority for final-year residents. A good financial package and availability of personal time were second and third, respectively.

2. Just 2 percent of last-year residents said they would consider opening their own practice.

3. More than half of residents said they didn't receive any formal instruction on business issues like contracts, compensation arrangements and reimbursement methods during their training.

4. About two-thirds of last-year residents received at least 51 recruitment offers during their training. Sixty-three percent said they received too much contact from recruiters.

5. If offered a do-over, nearly 20 percent of residents said they wouldn't choose medicine as a career.

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