Physicians in the Health Care Administrative System
Tired of laboring long hours? Pulled enough hair out every time your computer crashes and loses information crucial to a patient’s care? Are promises to be at your child’s soccer game or dance recital impossible to keep?
Then you’re not alone. If a better work/life balance is something you’ve been thinking about, than you may want to look into what many of your colleagues are already doing. In fact, by 2013, it is estimated that two-thirds of physicians will be employed by a health care system. The trend of private practices being sold is gaining steam, and it is estimated the current two percent conversion rate during the last 20 years will increase to a five percent conversion from private practice in the next three years, according to the American Medical Association.
More and more physicians are seeing the appeal of having a hospital administration that relieves them from day to day administrative responsibilities, allows greater access to better information technology, helps them maintain a more manageable patient load and gives stability in uncertain economic times and in the healthcare world.
“It has gotten incredibly difficult to be a physician in practice,” said Erica Drazen, Managing Director of the Global Institute for Emerging Healthcare Practices at CSC. “A lot of these guys went into medicine because they wanted to take care of patients. Now they are taking care of paperwork half the time.” Drazen said practices need to change in order to facilitate a greater coordination of patient care.
Hospitals are pushing the trend of hiring doctors because of government controlled healthcare reform, but they also foresee a coming physician shortage and a subsequent shortage of customers, or patients! Hiring more doctors now means a well-staffed hospital and steady stream of patients in the future.
This practice may sound familiar because it is. Twenty years ago, hospitals tried owning and managing practices but found it was not as lucrative as they had hoped so they retreated. The big difference between now and the late 80s and early 90s is the interest from private practice doctors wanting to be “employed.”
Additionally, Drazen said, the impact of Accountable Care Organizations (ACOs) on the horizon is making hospitals a little nervous about the competition nabbing doctors and patients. “In some sense,” Drazen said. “It’s a land grab.”
Being on a hospital payroll, former private physicians now have a steady but workable stream of patients and they can focus on healthcare with state of the art facilities and equipment, rather than downed computers and overwhelming paperwork. In return, the hospitals lock in valuable physicians and can ensure the workload (patients), are there.
You may have started a career in medicine with the idea of owning your own practice where you took care of your patients, and eventually, your patient’s children and their children’s children. But in today’s world that just doesn’t happen as often. If you want stability and like the idea of being “employed” with retirement benefits, regular hours and vacation pay, then working for a hospital may just be for you. To see current job openings, please click here to see what’s available through Hospital Dream Jobs.













