Here are three key thoughts:
1. The first step entails calculating the amount of monthly revenue the physician who is leaving generated.
2. Next, organizations should multiply that figure by the estimated number of months it will take to replace that physician.
3. Organizations also need to factor in additional costs, including agency recruiting fees, advertising, interview costs, signing bonuses and moving expenses.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
