New Publications Reflect Physicians’ Insider Views and Revenue Information
By Mark Smith, president of Merritt Hawkins, an AMN Healthcare Company
March 24, 2010 - What do physicians really think about medical practice in the United States? And how much revenue are they generating on behalf of their affiliated hospitals? These are just two of the questions that we set out to answer recently on behalf of hospitals and other constituents in the field of healthcare.
Merritt Hawkins, an AMN Healthcare company, has been helping connect healthcare providers with the right medical talent for over 20 years. In addition to conducting individual physician searches and providing consulting services, one of our top priorities has always been to provide relevant information on physician recruitment and staffing trends for a variety of stakeholders. We conduct industry research and publish the results in surveys, white papers and books that are made available to healthcare administrators, health leaders and medical practitioners.
In recent weeks, Merritt Hawkins has released two new publications. The first is a new book entitled In Their Own Words: 12,000 Physicians Reveal Their Thoughts on Medical Practice in America. The book was written by Merritt Hawkins on behalf of the Physicians Foundation, a national non-profit group of physician and medical society leaders dedicated to improving the medical practice environment for physicians and patients. Much of the material is based on the survey of some 12,000 physicians that we conducted for the Physicians Foundation in 2008. The book was co-authored by Phillip Miller of Merritt Hawkins, Louis Goodman, CEO of the Texas Medical Association, and Timothy Norbeck, executive director of the Physicians Foundation.
In Their Own Words includes a discussion of current physician morale and explains why many doctors are disillusioned with current medical practice conditions. It features hundreds of written comments from doctors across the country, ranging from one-word exclamations (“Help!”) to detailed analyses of today’s health system. The book is available for purchase through many online retailers and major bookstores.
The second new publication is Merritt Hawkins’ 2010 Physician Inpatient/Outpatient Revenue Survey. This key survey shows how much revenue physicians in various specialties generate on behalf of their affiliated hospitals. The average for all specialties is $1.5 million a year. First conducted in 2002, the survey has become a national benchmark that hospitals turn to when preparing physician recruiting cost/benefit analyses. This year’s survey has already been referenced by the WallStreetJournal.com, HealthLeaders and a variety of other publications. The full survey is now available for download, at no cost.
As Merritt Hawkins strives to continually innovate and expand our capabilities in the areas of staffing and healthcare research, we will continue working with healthcare providers and clinicians to develop the kinds of materials that provide important, “insider” information—including how we can make healthcare better for everyone involved.