1. One in 5 physicians were employed by corporate entities by January 2021, a report by Avalere Health stated.
2. As of January 2021, 49.3 percent of physicians were employed by hospitals, according to a report by Avalere Health.
3. A shortage of between 37,800 and 124,000 physicians is expected to occur by 2034, according to the Association of American Medical Colleges’ “The Complexities of Physician Supply and Demand: Projections from 2019 to 2034” report.
4. New York is expected to have a surplus of 14,875 physicians by 2030, while California is expected to experience a shortage of 32,669 physicians.
5. Sixty percent of ASCs are fully physician-owned, according to Avanza’s “2022 Key ASC Benchmarks and Industry Figures” report.
6. Physicians work an average of 51 hours per week, according to Medscape‘s 2021 “Physician Compensation Report.”
7. Twenty-two percent of physicians saw a reduction in work hours in between Oct. 6, 2020, and Feb. 11, 2021, Medscape‘s 2021 “Physician Compensation Report” cited.
8. Forty-seven percent of physicians say they’re burned out, according to Medscape‘s 2022 “Burnout & Depression Report.”
9. Twenty-three percent of physicians report having too many rules and regulations as the most challenging part of their job, Medscape‘s 2021 “Physician Compensation Report” stated.
10. Fifty-five percent of physicians say they would take a salary reduction to have a better work-life balance, according to Medscape‘s 2022 “Physician Lifestyle & Happiness” Report.”
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.