Financial incentives play a subordinate role in drawing doctors to a practice opportunity
MANAGED CARE May 1997. ©1997 Stezzi Communications
A recent telephone survey of 300 physicians completing residencies in primary care suggested that when it comes to choosing a practice opportunity, today's new doctors are swayed less by the financial perks they're offered than by practice characteristics such as a favorable location. Neither a $12,000 signing bonus nor the forgiveness of educational loans would have a "great effect" on their choice, most residents reported.
Residents' top considerations in choosing a practice opportunity
Respondents were instructed: "Other than quality of care provided, please rank the two most important considerations in your selection of a practice opportunity."
The role of bonuses and loan forgiveness in residents' practice choices
Respondents were instructed: "Please rank how the following two financial incentives would affect your decision to choose a particular practice opportunity."
SOURCE: MERRITT, HAWKINS & ASSOCIATES, IRVINE, CALIF.