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Turnover rate reflects changing physician demographics

Physician Practice Advisor, March 7, 2007

The average rate of physician turnover remained relatively stagnant between 2005 and 2006, increasing from 6.4% to 6.7%, according to the 2006 Retention Survey from the American Medical Group Association and Cejka Search.

However, the survey revealed a significant increase in turnover among male physicians and a decrease in turnover among female physicians. Turnover among male physicians was 6.8% in 2006, compared with 5.9% in 2005. On the other hand, turnover among female physicians dropped from 7.5% in 2005 to 6.6% in 2006.

Following are the most frequently cited reasons physicians gave for a voluntary departure:

Cultural fit. Consistent with previous reports, poor cultural fit with the group was the single most frequently mentioned reason for physicians to voluntarily leave a practice (51%). "Relocated to find a better community fit" was mentioned 20% of the time.
Family. Forty-two percent of physicians left a practice to be closer to their own or a spouse's family, and 22% cited "spouse's job required relocation" as a reason for leaving.
Compensation. Only 32% of respondents cited desires for higher compensation as a reason for leaving. Incompatible work schedules and excessive call schedules were each cited by 17% of respondents.

Click here for more information about the 2006 Retention Survey.

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