MDNews - Central New York

July/August 2019

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Physician Recruiters BY STEVE BARRETT PHYSICIAN RECRUITMENT FIRMS ARE ENJOYING SUBSTANTIALLY HIGHER RE VENUE, ACCORDING TO A SURVE Y BY STAFFING INDUSTRY ANALYSTS AND THE NATIONAL A SSOCIATION OF PHYSICIAN RECRUITERS. T HE S U R V E Y, W HI C H includes data from 24 in-house recruiters as well as retained and contingency search firms, also found most physician placements were in hospitals. Among the key findings: + 2018 revenue grow th for physician recruitment firms was 17 percent. + Placements during 2018 were high- est among primar y care providers, i nt er na l med ici ne subspecia l i st s and hospitalists. + Only 27 percent of physician place- ments were in private practice. Slightly more than 50 percent were in hospitals, and the remainder were in contract management groups, federally quali- fied health centers, and academic and other settings. + The most commonly used sources for leads were email campaigns and job boards. Less popular sources included company websites, referrals, cold calls and text messages. E x a c t ly wh at propor t ion s of t he growing revenue for recruiters reflect increasing competition for physicians, a more vigorous economy and other factors is uncertain. The United States could face a physi- cian shortage of up to 121,300 by 2030, according to the Association of American Me d ic a l C ol le ge s , wh ic h s upp or t s increased federal funding for residency positions, as well as loan forgiveness programs and other measures, to address the anticipated shortfall. n SEE REVENUE GROWTH 059990055_PhysicianRecruitment1.indd 1 5/9/19 12:31 PM M D N E W S . C O M /// M D N E W S C E N T R A l N E W Y O R K ■ 2 019 1 1 P H Y S I C I A N R E C R U I T M E N T ❰❰❰❰❰ 1 1

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