News and briefs: Residents receive numerous job offers
Residency Program Connection, November 1, 2011
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Because of a growing physician shortage, more healthcare institutions are recruiting physicians while they are still in training, according to a survey from Merritt, Hawkins & Associates. The survey asked graduating residents how many job offers they received during their training, to which 75% answered 50 or more. Almost half of the respondents (47%) said they received over 100 phone calls, e-mails, or letters regarding job offers.
“Even in a stagnant economy, new doctors are being recruited like blue chip athletes,” says Merrit Hawkins founder James Merritt in a press release from the company. “There are simply not enough physicians coming out of training to fill all the available openings.”
Although jobs are abundant for physicians, 28% of the residents surveyed said if offered the choice again, they would not study medicine and choose a different career path. This number is up from 18% from a similar survey conduct by Merritt Hawkins in 2008.
“With declining reimbursement, increasing costs, malpractice worries and the uncertainly of health reform, the medical profession is under duress today,” Merritt says. “It is not surprising that many newly trained doctors are concerned about what awaits them.”
To read more survey results, click here.
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