Retention strategies to keep top physicians
AUDIOCONFERENCE ON CD OR AUDIO ARCHIVE
Sponsored by: Physician Compensation & Recruitment
presented on February 12, 2008
Retention is more important than ever
It can cost 2.7 times a physician’s annual salary to find a replacement when he or she leaves, so you can’t afford not to have an effective physician retention program. As the market evolves, retaining physicians has become more complicated than simply offering more money. Cultural fit and other non-monetary factors also play a role. Developing a strong retention plan will enable your organization maintain a cohesive culture and avoid the high costs of recruiting.
During this 60-minute audioconference, you’ll discover retention strategies that you can implement immediately without breaking the bank. Learn why many physicians leave practices and how you can keep them happy.
By the end of this program you and your colleagues will be able to:
- Learn about market forces that are making retention more important
- Discover effective physician retention strategies and tips
- Create a culture that gives your physicians a reason to stay
- Develop a plan to address turnover and retention issues
- Why retention is more important than ever
- Reemergence of hospital employment
- Changes in the physician marketplace (gender, generational, etc.)
- Highlights from the Cejka Search and AMGA 2007 Retention Survey
- Top physician retention strategies
- Beginning retention during recruitment
- Mentoring physicians to ensure a smooth transition
- Assimilating physicians and their spouses into the community
- Conducting periodic reviews and providing feedback
- Creating consistent compensation packages and incentives
- Developing a formalized retention plan
- Making retention an ongoing endeavor
- Action points for key practice members
- Q & A
Brian McCartie, Regional Vice President, Cejka Search.
With more than 10 years of healthcare experience, Brian McCartie joined the Cejka Search team in 1998 as Regional Vice President. He demonstrates his extensive experience and knowledge of the physician recruitment industry, traveling weekly to meet with hospital and group practice administrators, assess their search needs, and present Cejka Search proposals to meet those needs.
Kevin Donovan, FACHE, FACMPE, Vice President, Physician and Ambulatory Services, Elliot Health System. Donovan joined the Elliot Health System in March 2007 as the Vice President for Physician and Ambulatory Services and is responsible for physician and ambulatory care strategies for the entire health system, including management of the primary care network of approximately 65 physicians and the specialty care network of approximately 50 physicians.
WHO SHOULD LISTEN
Physicians, physician leaders, office managers, practice administrators, practice managers, CFOs, CEOs, directors of physician relations, medical directors, medical staff directors, physician recruiters
Purchase a CD or audio archive of the program and listen when you can. It's also a perfect training tool for new staff or as a refresher for veteran staff.
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