Healthcare’s $979M physician problem 

Turnover of primary care physicians results in about $979 million in excess healthcare expenditures annually for payers, according to a study published Feb. 26 in ScienceDirect.

Advertisement

The study, led by the American Medical Association, estimated that each time a primary care physician leaves their practice, it results in $86,336 in additional healthcare spending the following year. When patients lose their primary care physicians, they may, for example, opt for more expensive specialty physicians, urgent care centers or emergency departments.

Of the $979 million in excess expenditures, $260 million, or 27 percent, was attributed to burnout-related turnover. 

The study surveyed 5,197 U.S. primary care physicians between Oct. 12, 2017, and March 14, 2018, to gauge burnout and physicians’ intention to leave their practice within two years. 

The study found that roughly 11,339 primary care physicians were expected to leave their current practice per year, and physicians with burnout have a 2.16 higher odds of intending to leave their current practice. Reducing physician burnout could reduce unnecessary healthcare expenditures, the study authors concluded.

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.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.