McKinsey September 10, 2024
Healthcare organizations can differentiate by understanding and addressing physician expectations across compensation, lifestyle, engagement, and support resources.
Healthcare organizations are still reeling from the aftershocks of a pandemic that exacerbated existing margin and physician burnout challenges. Now, in light of an increasingly difficult physician labor market, compounded by ever-growing patient demand, organizations face a vicious cycle of physician burnout and turnover that makes achieving their financial and strategic objectives tougher. To break this cycle, organizations have been looking to evolve their strategies to attract and retain physicians by focusing on the factors that influence their decisions to join and stay. Given that physician burnout has been well studied and documented, we focused our seventh US physician survey on understanding the...
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