Residency

News and briefs: Hawkins survey reveals top resident destinations

Residency Program Insider, April 3, 2012

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About 94% of residents prefer to practice in communities of more than 50,000 people. This is one of the statistics derived from Merritt Hawkins’ 2011 Survey of Final Year Residents, according to an article in Becker’s Hospital Review.

The survey assesses where residents would like to practice in the following couple of years. Some other statistics gathered from the survey include:

·         Only 1% of residents said they prefer a solo setting as their first practice.

·         48% said they are unprepared to handle the business side of medicine. Only 9% of residents felt they were "very prepared."

·         56% of residents said they received no formal instruction during medical training around medical business issues such as contracts, compensation arrangements, and reimbursement methods.

·         Residents identified "geographic location," "personal time" and "lifestyle" as their most important considerations when evaluating a medical practice opportunity.

·         Residents identified "availability of free time" as their greatest concern as they consider entering their first medical practice

To see more statistics from the survey, click here.

 



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