Feature

Residents getting unprecedented attention from employers


 

Half of final-year residents surveyed this April had received 100 or more job solicitations during their training, according to physician-recruiting firm Merritt Hawkins.

Among the 935 survey responses the company received, 70% of physicians in their final year of residency had gotten more than 50 job offers: 20% received 51-100, and 50% received more than 100. The numbers were even higher for those in primary care: 76% had received at least 51 job solicitations, and 55% reported more than 100 offers, Merritt Hawkins said in its 2017 Survey of Final-Year Medical Residents.

Distribution of job offers received by final-year residents
“The search for newly trained physicians is on the verge of becoming a feeding frenzy,” said Mark Smith, the firm’s president. “There are simply not enough physicians coming out of training to go around.”

The 50% of all residents who received 100 or more job solicitations is the highest at that level since the survey began in 1991 (it is generally conducted every 2 or 3 years), with much lower figures seen as recently as 2008 – only 6% got that many offers – and 2006, when the number was 16%.

That primary care physicians are even more in demand shows their importance “as leaders of interdisciplinary clinical teams [and] managers of care and resources in emerging quality-driven delivery models such as ACOs [accountable care organizations],” the company said.

Demand for specialists is slightly lower, with 46% of residents in internal medicine, surgical, or diagnostic specialties getting more than 100 job offers and 64% getting more than 50. Current trends in mental health services, however, led Merritt Hawkins to single out psychiatry for special mention: 78% of final-year psychiatry residents had received more than 50 job solicitations – even more than primary care – although the number at the over-100 level, 48%, was lower, according to the report.

Recommended Reading

FDA moves to guard against abuse of ‘orphan drug’ program
MDedge Dermatology
Doctors testify on health insurance stabilization
MDedge Dermatology
The Inflection Point
MDedge Dermatology
Do you answer patient emails?
MDedge Dermatology
DACA program in limbo after White House attitude changes
MDedge Dermatology
How to give a talk
MDedge Dermatology
CMS alerts physicians of payment reductions for PQRS noncompliance
MDedge Dermatology
Should you sell your dermatology practice?
MDedge Dermatology
Smoking linked to increased psoriasis risk
MDedge Dermatology
Docs, insurers condemn latest ‘repeal and replace’ plan
MDedge Dermatology

Related Articles