It may be wise for healthcare organizations to focus just as much on their physicians’ health as the stamina of other resources.
Here are five things to consider:
1. Physician burnout can greatly impact the health of healthcare facilities, so organizations should attempt to treat and stamp out burnout.
2. Physician burnout is a staggering reality — approximately 400 physicians commit suicide annually, according to the article.
3. Replacing physicians is a costly endeavor. Healthcare facilities will accrue costs in the form of recruitment, advertisement, sign-off bonuses, moving fees, training costs and lost revenue in the interim between losing and hiring a new physician.
4. Physician burnout may result in lost revenue. It will impact physician performance, which will result in lower quality of care.
5. Patients won’t return if they felt their physicians didn’t care, hurting the facility’s patient satisfaction.
More articles on practice management:
Pennsylvania hospital readmission rates & charges for TKR & THR: 6 statistics
Electronic tasks increase risk of physician burnout: 6 insights
OrthoIllinois Surgery Center’s Dr. Michael Chmell shares 4 key thoughts on adding outpatient TJR
