The healthcare recruitment landscape has shifted dramatically, driven by the escalating demand for medical services and the critical need for skilled physicians.
There is a limited supply of family medicine physicians and higher paying specialties further reduce the candidate pool which creates even more recruitment challenges, prompting most employers to utilize consulting firms such as Advanced Scope, Jackson, or AMN.
What about Nurse Practitioners?
Experts assure that the utilization of nurse practitioners (NPs) hasn’t diminished demand for primary care physicians. There is a sustained need for physicians, especially in underserved or rural areas.
Diversification of Hiring Entities
A myriad of healthcare entities, including retailers like CVS and Walgreens, alongside urgent care centers and telehealth platforms, have emerged as formidable players in primary care provision. Private equity firms have also augmented demand for physicians, although hospitals remain the primary source.
Trends in Salaries and Incentives
Compensation packages, structured around base salaries augmented by production-based incentives, have soared. There have been substantial upticks in recruitment packages, with employers adopting creative incentives like flexible schedules and additional paid time off to attract and retain physicians.
Navigating Career Decisions
Experts advocate for a holistic approach to career decisions, emphasizing factors beyond financial incentives, including practice models, support staff, and work-life balance considerations. This means an even stronger push to align personal and professional aspirations with the right practice for long-term fulfillment.
The current physician job market offers unparalleled opportunities amidst escalating demand and evolving recruitment dynamics. It takes more than one practice manager or practice owner to find the right fit. A well connected recruitment consultant can help you get creative to find your next Physician.
Reach out to us at Advanced Scope Talent to learn about our affordable, yet professional search process.
Madison Traylor
CEO, Advanced Scope
Professional MD/DO Recruiter
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