Managed Care

 

Physician retention programs gain acceptance

MANAGED CARE April 2009. © MediMedia USA
Compensation Monitor

Physician retention programs gain acceptance

MANAGED CARE April 2009. ©MediMedia USA













Even as the economy sputters along, the work still must get done. Forty-eight percent of respondents to a recent Cejka Search and American Medical Group Association survey say their doctor group uses a retention program. Back in 2006, only 40 percent of physician groups had a retention program.

The largest group likely to leave a practice was physicians having tenure of three years or less (46 percent). Groups with a retention program lose a smaller percentage of their departing physicians in those early years (44 percent).

Groups without a retention program reported that half of their departing physicians were the newly hired.

Would health insurers ever consider using high retention as a pay-for-performance measure?

“High retention is a goal for many medical groups,” says Brian McCartie, a regional vice president at Cejka Search. “But I haven’t seen managed care organizations pay medical groups for retention of physicians. Maybe when P4P affects more medical groups, like 20 percent. At that point, when the medical group is looking for negotiating tactics, I would think that continuity of patient care and retention might be a factor.”

Dampening physician turnover

A survey of 50 medical groups who collectively employ close to 10,000 physicians shows that on average, 46 percent of physicians who leave a practice do so in the first three years.

Source: Cejka Search and AMGA. 2008 Physician Retention Survey

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Pharmaceutical Pricing and Contracting Conference Philadelphia, PA September 22–23, 2014
Private Health Insurance Exchanges Conference Washington, D.C. October 7–8, 2014
National Healthcare Facility Management Summit Palm Beach, FL October 16–17, 2014
National Healthcare CFO Summit Las Vegas, NV October 19–21, 2014
National Healthcare CXO Summit Las Vegas, NV October 19–21, 2014
Innovative Member Engagement Operations For Health Plans Las Vegas, NV October 20–21, 2014
4th Partnering With ACOs Summit Los Angeles, CA October 27–28, 2014
2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014