It’s really bad for physicians right now. Unfortunately, it’s only going to get worse without some sort of intervention.
- Doctors are burning out at unprecedented rates: they are 15 times more likely to burnout than professionals in other fields.
- A 2015 Medscape survey found that about 50% of doctors are experiencing burn out.
- Doctors have the highest suicide rate of any profession – two times more likely than the US population
- The average Doctor-Patient interaction is only about 8 minutes
- Doctors spend more than two-thirds of their time on paperwork as opposed to taking care of patients
- In a 2016 survey, The Physicians’ Foundation found:
- 54% of physicians described their morale as somewhat or very negative
- 63% are pessimistic about the future of medicine
- 49% would NOT recommend medicine as a career choice for their children
- 80% are overextended or are at capacity, with no additional time to see patients
- 47% plan to accelerate their retirement
- 48% of doctors plan to cut-back on hours, retire, take a non-clinical job switch to “concierge” medicine, or take other steps limited patient access to their practices
- Only 14% of physicians report that they have the time they need to provide the highest standards of care
- 23% of physicians said they are either practicing some form of concierge medicine or are transitioning to a concierge, or concierge-like, model
In the midst of all of this, many current and next generation of doctors are rejecting the 20th Century model of medicine that is harming so many of them. Doctors are seeking to create a work-life-mental-spiritual balance. It starts by figuring out why they have become doctors in the first place.
To read more about finding Solutions for Physicians, become an Impact Physician Private Member and download the free eBook A Unique Way of Thinking: Business Ownership and the Art of Medicine.
If you want to learn more about how to become a Physican again, start here: The Art of Medicine.
Go back to: The Future of Medicine