A Few Recent Placement Successes

Healthcare Providers

SIU School of Medicine
Psychiatrist
Endocrinologist
Springfield, IL

Sentara Medical Group
Orthopedic Surgeon
Harrisonburg, VA

Texas Tech University Health System
Neurologist
El Paso, TX

Executive

Shirley Ryan AbilityLab
Scientific Chair, Legs & Walking Lab
Chicago, IL

Infinity Hospice
Executive Director
Reno, NV

Absolute Care
Medical Director
Greenbelt, MD

Absolute Care
National Director of Behavioral Health
Baltimore, MD

Just a few of our current opportunties

Healthcare Providers

Sentara Medical Group
Urology
Harrisonburg, VA

AbsoluteCare
Internal Medicine
Baltimore, MD

Shirley Ryan AbilityLab
Section Chief, Traumatic Spinal Cord Injury
Chicago, IL

SIU School of Medicine Faculty Positions
Neurosurgery
Non Invasive Cardiology
Internal Medicine
Gastroenterology
Orthopedic Surgery
Urologic Oncology
Springfield, IL

Texas Tech University Health Sciences Center
School of Medicine
Pediatric Critical Care
Amarillo, TX

Rainbow Hospice
Lead Palliative Care Physician
Chicago, IL

Learn More

Executive

Baptist Health
Chief Medical Officer
Physician Advisor
Little Rock, AR

Springfield Clinic
Chief Financial Officer
Springfield, IL

Texas Tech University Health Science Center
Chair of OBGYN
Transmountain Campus Chair of Internal Medicine
El Paso, TX

Learn More
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Recent Posts

Leveraging Hiring Incentives in Physician Recruitment

Leveraging Hiring Incentives in Physician Recruitment

The effects of the current and looming physician shortage are readily apparent in the healthcare industry. When it comes to physician availability, patients aren’t the only ones struggling to find a provider. Healthcare organizations are also finding it difficult to hire the most desirable physicians due to an extremely competitive environment – especially when it comes to primary care physicians. In addition to offering attractive base salaries, it has become commonplace for organizations to include hiring incentives in order to procure the best candidates.

According to a 2018 report by the Medical Group Management Association (MGMA), compensation for primary care providers rose more than 10% in the previous five years, almost double the increase seen in specialty fields. The report, which used data from over 136,000 providers across the United States, showed median earnings of $257,726 for primary care physicians, and $425,136 for specialists. Organizations must stay abreast of current compensation trends for the positions they wish to fill – to attract the best candidates, offering a competitive salary is paramount. In addition to specialty, geographic location is an important variable when determining compensation. The top-earning states for physicians are Indiana, Oklahoma, Connecticut, Wisconsin, and Nevada, while the lowest-earning states are Michigan, Massachusetts, Hawaii, New Mexico, and Maryland. In most industries, urban areas offer higher salaries, but that’s not always true in healthcare. For example, the median income for an anesthesiologist in a non-metro area (defined as an area with a population of 50,000 or less) was $469,057, nearly $25,000 more than the median income of anesthesiologists located in urban areas. With some exceptions, most specialists in rural locations can expect to make more than their urban counterparts. Specialty, geographic region, and location all play a part in determining what constitutes an attractive and competitive compensation offer.

When recruiting physicians, examples of typical incentive offerings include a signing bonus, continuing medical education (CME) support or reimbursement, and a relocation allowance. According to MGMA’s DataDive Provider Compensation database, which represents 147,000 providers in a variety of specialties, the most recent median signing bonus for a family physician without an obstetrics certification was $28,000, the median amount for CME support was $2,750, and relocation allowance was $7,050. For physicians specializing in internal medicine, the median values were as follows: a signing bonus of $20,000, CME support of $3,500, and a relocation allowance of $7,800. While these numbers reflect the median values of various specialties, we’ve also seen signing bonus amounts of up to $50,000 and relocation allowances ranging from $10,000 to $20,000, depending on the specialty and the desirability of the candidate.

Organizations who wish to hire a resident or fellow once they complete their training may offer a monthly stipend as a hiring incentive. Typically, a monthly stipend offer is contingent on an early signing commitment and can range from $1,500 to $3,500 per month for the remainder of their training. When it comes to recruiting younger candidates right out of residency, loan repayment programs are also a very desirable incentive. According to the American Association of Medical Colleges, the median amount of loan debt for recent medical school graduates was $200,000. Typically, organizations will pay a monthly or yearly sum toward loan repayment in exchange for the candidate working full-time for an agreed-upon amount of time. One example: When seeking physicians to fill rural job openings, Banner Health, a nonprofit healthcare system, offered $100,000 in loan repayments over five years. Some healthcare systems also offer a retention bonus where the physician receives an agreed-upon amount ($25,000, for example) after each year of service to an organization.

There is no one-size-fits-all approach to determine the best hiring incentives and amounts; much depends on the type of position, organizational resources, geographic location, and the individual candidate. At Jordan Search Consultants, we spend time getting to know the organizations we recruit for – and the candidates we recruit so that we can help develop innovative recruitment packages that attract the best candidates. For help and insight on finding and hiring the right provider for your organization, email us or give us a call at 866-750-7231.

Meet Healthcare Hero Dr. Joel Rosenstock

At Jordan Search Consultants, we take healthcare recruiting to heart. We know that our mission to help organizations across the nation find the right providers profoundly impacts a myriad of communities and the individuals living there. This is especially true when it comes to placing providers for underserved populations struggling with serious and chronic health issues, such as HIV. In our new Healthcare Heroes series, we highlight the individuals and organizations who are transforming the healthcare industry in various innovative ways.

In our first Healthcare Hero interview, we talk with Dr. Joel Rosenstock, Chief Medical Officer and Founder of AbsoluteCARE. Learn about AbsoluteCARE’s innovative care and business model – and how Jordan Search Consultants partnered with the organization to recruit over 170 providers in one year to support their recent expansion.

If your organization needs assistance finding healthcare providers, Jordan Search Consultants is here to help. Give us a call at 866-750-7231or contact us here.

 

The Continuing Evolution of Telemedicine

Telemedicine, which uses digital monitoring tools and communication platforms such as email, text, and video conferencing to connect patients to providers, is increasingly being utilized to provide a variety of remote care services. It is especially helpful for patients who live in rural areas and must travel considerable distances to see a provider or specialist. Recent legislative changes and emerging technologies are fueling the growing use of telemedicine to bring much-needed healthcare services to those who need it most.

In hospital settings, telemedicine is most often used to provide off-site radiology reading services and timely stroke care. Acute remote stroke care, known as telestroke, is common in emergency departments that do not have stroke experts or radiologists on the premises. Telestroke connects on-site personnel with remote experts who assist in giving a prompt diagnosis and treatment recommendations. For patients suffering a stroke, time is of the essence. Swift treatment is necessary to reduce the occurrence of subsequent stroke-related disabilities.

Telemedicine is also used for diagnosing and treating non-emergency primary care issues that need immediate attention, such as the flu, lower back pain, conjunctivitis, and urinary tract infections. With telemedicine, patients can receive faster access to care because they don’t have to wait several days for an in-office appointment. In fact, SSM Health, based in St. Louis, recently unveiled an initiative that offers virtual appointments within an hour of the request, for a flat fee of $25. Telehealth appointments for non-acute issues such as these can also be capably managed by Nurse Practitioners and Physician Assistants, freeing physicians to concentrate on more complicated or urgent cases.

Telemedicine also works well for assisting patients who are living with chronic conditions, such as diabetes. Affordable and convenient access to preventative care is an effective tactic to keep patients healthier – and reduce healthcare costs. The Center for TeleHealth at the University of Mississippi Medical Center in Jackson focused on engaging and educating their diabetes patients in addition to remotely monitoring their blood glucose levels. As a result, they were able to completely eliminate diabetes-related emergency room visits within six months.

Telemedicine tools are increasingly being used to monitor patient health and collect essential data. Mobile cardiac event recorders enable patients to capture an electrocardiogram of their heart whenever symptoms are occurring and instantly transfer that information to their providers. Digital stethoscopes can amplify and record the sounds of a patient’s heart and lungs. For remote video consultations, some telehealth platforms integrate directly with an organization’s EHR system, enabling the provider to easily reference a patient’s medical history while also providing real-time virtual care. And when off-hours telehealth monitoring was used in nursing homes, a 10% decrease in hospitalizations was observed.

The power and possibilities of telemedicine are exciting, especially for populations that cannot afford or easily access traditional healthcare services. At Jordan Search Consultants, our mission is to ensure that all people have access to top-tier healthcare services, no matter where they are located. If your organization needs help finding the right providers, including those who specialize in telemedicine, for your community’s needs, email us or give us a call at 866-750-7231.

Jordan Search Consultants

Jordan Search Consultants

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