Doximity’s 5th Annual Compensation Report: Top 5 Facts for Recruiters

Posted by Doximity TF Team

Due to the vulnerabilities our healthcare system has been subject to, the last few years left many doctors feeling burned out, with some leaving the profession altogether. We’re facing a shortage of medical talent (Doximity’s new compensation survey underscores this concern), so physician recruiters must have an accurate view of physician compensation. That’s why the newly released 5th Annual Compensation Report is one of Doximity’s most important releases yet.

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Filed under Physician compensation, tips for physician recruitment

How a short letter of intent can go a long way toward a physician contract

Posted by Doximity TF Team

“Medical school teaches the science of medicine, but not the business of medicine," is a statement that Doximity CEO and founder Jeff Tangney has made repeatedly. A 2017 Merritt Hawkins study on final-year residents also found that only 10% of graduating residences say they feel very prepared for the business side of medicine. Physician recruiters know better than anyone that employment contracts are a daunting yet definitive part of the business of medicine.

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Filed under Physician compensation, Physician Conctract, Letter of Intent (LOI), Offer Letter, Business of Medicine

How Doctors are Paid, and How it Affects Physician Satisfaction

Posted by Doximity TF Team

The way physicians are paid is an ongoing discussion in healthcare reform. But if you think changing physician compensation models is simply about how much money doctors are paid, think again. New compensation models are about changing how doctors practice and how they allocate their resources.

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Filed under Physician compensation, physician satisfaction, how doctors are paid, redesigning patient care

What performance-based compensation means for physician candidates

Posted by Doximity TF Team

Healthcare reform is changing the landscape of medicine and physician recruitment. Under the Affordable Care Act, a new Patient’s Bill of Rights “gives the American people the stability and flexibility they need to make informed choices about their health.” The Affordable Care Act is also changing the way physicians are paid—there’s now a major shift toward performance-based, or value-based, compensation.

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Filed under Physician compensation, Performance-based compensation, evolving payment models, physician pay for patient satisfaction, healthcare reform, pay-for-performance contracts

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