“In the Interim” is a snapshot of the latest and most relevant news in the locum tenens industry. No repeats, less scrolling, more knowledge. Check out the articles we found most interesting this month.
1. Harvard study highlights role of international medical graduates in alleviating primary care shortages
A Harvard Pilgrim Health Care Institute study published in the Journal of General Internal Medicine emphasized the vital role international medical graduates (IMGs) play in addressing primary care physician shortages. IMGs make up 25% of licensed US physicians and are more likely to enter primary care than US citizen graduates, especially in underserved areas.
The report revealed a recent decline in the number of non-citizen IMGs choosing careers in primary care. To address this, the study’s authors recommended that policymakers consider implementing visa-related incentives. These could include extended work visas, streamlined pathways to permanent residency, or waivers for certain requirements for professionals willing to serve in high-need rural and underserved areas. These measures aim to strengthen the primary care workforce where it is most needed.
(Medical Xpress, October 18, 2024)
2. A contract trap every doctor should know
Attorney Dennis Hursh warns physicians about a critical employment contract pitfall: the lack of a “without cause” termination provision. In this article, Hursh shares real-life cases where doctors, eager to leave their positions, faced costly barriers due to this missing clause. Hursh explained that without it, hospitals could demand exorbitant sums to allow early departures, even when physicians give ample notice.
Hursh recounted one case in which a hospital sought nearly $400,000 in damages from a doctor planning to leave months in advance. He advised physicians always to have their contracts reviewed by legal professionals to avoid such predicaments, noting that hospitals’ growing desperation to retain doctors amid staffing shortages leads to increasingly aggressive retention tactics.
(KevinMD, September 20, 2024)
3. Addressing doctor shortages in rural communities
A looming physician shortage—projected to reach 86,000 by 2036—is straining rural healthcare systems. In regions like rural Oregon, patients face long travel distances and delayed care. Several initiatives are underway nationwide to mitigate the crisis, including educational programs and legislative efforts. For example, medical schools such as the Kansas College of Osteopathic Medicine train students in rural settings to encourage them to practice locally. Still, only about 2% of residencies are currently based in rural areas.
On the legislative front, bills like the “Rural Residency Planning and Development Act” aim to fund rural residency programs. At the same time, the “Conrad State 30 Act” proposes visa waivers for foreign-born doctors who commit to serving in underserved areas. Despite these efforts, many patients remain skeptical about immediate improvements, as access to local care remains a significant challenge for rural communities.
(Business Insider, October 15, 2024)
4. AAFP president advocates for increased primary care funding
The American Academy of Family Physicians (AAFP) is advocating against a nearly 3% cut to the 2025 Medicare Physician Fee Schedule. AAFP President Dr. Jen Brull contends that family physicians deserve compensation that reflects the value of their care rather than simply the volume of patient visits.
Brull advocates for increasing primary care spending from 5-7% to 12-14% of total healthcare expenditure, citing studies demonstrating how this shift can reduce overall healthcare costs and improve population health by preventing hospitalizations. Brull also addressed the challenges of healthcare consolidation, expressing concerns about the influence of private equity and vertical integration, which she argues can compromise physician autonomy and limit patient access to care. Brull and the AAFP support family physicians across employed and independent practice models, aiming to equip them with the knowledge to make informed career and practice decisions.
(Medical Economics, October 14, 2024)
5. Gastroenterologist compensation soars while burnout declines
The gastroenterology workforce in 2024 has experienced notable shifts in compensation and burnout levels. Gastroenterologists rank among the highest-earning physician specialists, with an average annual salary of $514,000 and sign-on bonuses averaging $46,000. This specialty also has a high percentage of physicians with significant wealth—31% report a net worth exceeding $5 million. Self-employed gastroenterologists saw a 15% increase in compensation, compared to a 4% increase for those in hospital-owned groups.
A substantial gender pay gap persists in the field, with male gastroenterologists earning over $80,000 more annually than their female counterparts. Although compensation has risen, the focus on work-life balance remains strong, with over half of gastroenterologists indicating they would accept pay reductions in exchange for more personal time. Encouragingly, burnout in the specialty has decreased by 2% from the previous year, signaling positive trends for specialists in gastroenterology.
(Becker’s Hospital Review, October 7, 2024)
6. Healthcare consolidation fuels physician burnout
A 2024 Physicians Foundation survey reveals that physician burnout remains high, with 60% of physicians and residents reporting burnout, up from 40% before the COVID-19 pandemic. The survey, which included over 1,700 respondents, highlights the impact of healthcare consolidation, with more than two-thirds of physicians saying it negatively affects patient access to high-quality, cost-efficient care. Mergers and private equity acquisitions are growing concerns, as half of the physicians who experienced consolidation in the past five years reported declining job satisfaction, and more than one-third observed a drop in patient care quality.
Burnout is also exacerbated by losing physician autonomy under private equity control, where doctors feel responsible for outcomes without complete control over decisions. These findings underscore the pressing need to address burnout, as many physicians cite the stigma around mental health care within the profession as a barrier to seeking support.
(Advisory Board, September 30, 2024)
7. How millennial physicians feel about their compensation
A new Medscape report highlights millennial physicians’ perceptions of their compensation. Among more than 7,000 respondents, 49% felt fairly compensated, an increase from 46% in 2022. However, many remain dissatisfied, pointing to a disconnect between their extensive training and compensation models that prioritize patient volume over expertise.
Only 2% of respondents cited potential pay as their primary reason for choosing a specialty, yet 18% have taken on additional work, such as moonlighting or locum tenens assignments, to supplement their income. Gender pay disparities continue to affect millennial doctors, with male physicians earning approximately 24% more than their female counterparts. Despite these concerns about pay, 68% of millennials would still choose a medical career—though this is down from 76% in 2021.
(Medscape, September 27, 2024)
8. Doctors increasingly turn to AI tools like ChatGPT, raising concerns over accuracy and safety
A Fierce Healthcare report highlights physicians’ increasing use of generative AI tools like ChatGPT in clinical settings. Most (76%) doctors surveyed said they used them for tasks like drug interaction checks, diagnosis support, and patient education. While these tools offer convenience, they also pose risks due to the potential for inaccurate or incomplete information.
Experts caution doctors not to become overly reliant on AI without proper validation from trusted medical sources. The American Medical Association advises skepticism, warning that generative AI can lead to patient safety concerns if not used with caution and oversight. Despite the potential benefits, regulatory guidelines and safeguards remain underdeveloped, leaving doctors responsible for carefully vetting AI outputs to ensure reliable patient care.
(Fierce Healthcare, October 7, 2024)
That’s it for this month’s edition of In the Interim! Stay tuned for next month’s roundup of newsworthy articles for locum tenens providers. To stay in the loop on future news, follow us on LinkedIn.