Becker's Healthcare September 10, 2024
Physicians today are caught between growing consolidation of hospitals and large health systems on the one hand and increased financial pressure on ASCs and independent practices on the other.
Hospitals appear to offer a number of important benefits for physicians. They are typically able to pay higher salaries or offer flashy sign-on bonuses that are less feasible in the ASC setting, creating a competitive recruiting environment.
“We get fully staffed, we think everything is good, and then it just falls apart because somebody gets lured away for a $30,000 sign-on bonus at one of these major hospitals that locks them in for two years … you’re constantly competing,” Curt Collins, COO of Palmetto Surgery Center in Columbia, S.C.,...
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