Report Finds Continued Decline in Physician Turnover and Retirement
New data released by the Irvine, California health care marketing firm SK&A shows that the “move rate” of physicians has declined for a third straight year. SK&A tracks job turnover among a group of 664,000 physicians across the country, using an annual survey designed to determine whether the physicians have remained at their jobs or have moved, retired or passed away during the previous year.
According to the report, the move rate for physicians in 2010 was 11.3 percent, down from 12.4 percent in 2010, 15 percent in 2009 and 18.2 percent in 2008. The increasing stability reflected in those numbers could be an indication that the nation’s economy is dissuading or preventing physicians from changing jobs or retiring.
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Read the American Medical News story on the report.