Healthcare DIVE December 17, 2021
Dive Brief:
- Physician compensation rose faster in 2021 compared with last year, a reflection of the tightening labor market as providers grapple with widespread burnout, according to Doximity’s annual physician compensation report out Thursday.
- More than 73% of physicians reported feeling overworked amid the pandemic and 50% said they are considering an employment change because of it, with female physicians more likely to consider early retirement than their male counterparts, the report found.
- The report also analyzes the rate of retirement among physicians, and found an extra 1% left their practice than were expected. “There’s a lot of physicians continuing to think about that as the lever for managing their burnout,” Natalia Birgisson, Doximity’s director of strategy, said.