Medical Journal Houston Vol. 11, Issue 6, September 2014
Legal Affairs: Texas Supreme Court agrees with physician and hospital in dismissing late-filed lawsuit, see page 3
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The Leading Source for Healthcare Business News
September 2014 • Volume 11, Issue 6 • $3.50
The 2014 Physician’s Recruiting Standard
BY THE DELTA COMPANIES
INSIDE
▼
Houston first: mobile
video monitoring
see page 6
INDEX
▼
Legal Affairs......................3
Financial Perspectives.......4
Integrative Medicine.........5
Technology....................6
Physicians Forum.............7
In today’s abundance of one-click access
to real-time tweets, instantaneous photo
uploads, constant status updates, and
instantly available information, most
people are accustom to quick turnarounds
and speedy communication. This mentality
is demonstrated in the world of physician
recruitment as illustrated in a recent
case study published by Delta Physician
Placement. The study compares recruitment
outcomes of five facilities in the process of
hiring one or more primary care physicians,
and suggests that facilities able to make
quick decisions during the recruitment
process leverage their offer above competing
facilities and expedite overall placement
time.
A qualified physician receives multiple
calls per day from recruiters and
facility
representatives
presenting
open
opportunities
throughout
the nation that match the physician’s
skill set. This influx of opportunities has
resulted in a limited window of availability
before a desired candidate moves on to
the next option. This situation is termed a
pyramid of interest, which states a physician’s
interest in an opportunity is greatest within
72 hours of his or her on-site interview.
According to the case study, facilities that
gave an offer within this pyramid of interest
had the most favorable outcome.
MARKET DEMAND
Nationwide Search Distribution
8.0%
4.9%
2.4%
. . . . . . . . . . . .
4.5%
3.5%
6.3%
9.8%
10.5%
4.5%
2.8%
Map represents searches initiated by Delta Physician Placement on behalf of healthcare facilities from
July 2012 through June 2013.
Specialty Demand
Comparison
2nd Quarter 2013
2nd Quarter 2012
1.
Family Medicine
Family Medicine
2.
Psychiatry
3.
Hospitalist
Hospitalist
Emergency Medicine
Emergency Medicine
5.
Family Medicine - Obstetrics
General Surgery
6.
Internal Medicine
Psychiatry
7.
General Surgery
Obstetrics and Gynecology
8.
Pediatrics
Pediatrics
9.
Obstetrics and Gynecology
Urology
10.
Orthopedic Surgery
Pulmonary Critical Care
11.
Gastroenterology
Family Medicine - Obstetrics
12.
Child & Adolescent
Psychiatry
Gastroenterology
13.
Urology
Orthopedic Surgery
Neurology
Otolaryngology
Otolaryngology
Search Specialty
Distribution
Internal Medicine
15.
see page 7
1.1%
7.7%
14.
Financing acquisition of a
medical practice
In Case 2 of Delta Physician Placement’s
study, a facility in Western Montana was
able to take advantage of this speed-tomarket mentality. Prior to interviewing any
candidates for the facility’s primary care
opening, the facility’s CEO prearranged a
letter of intent to present to an interviewee
on-site in order to aggressively pursue
desirable candidates. This facility located,
offered, and signed three primary care
physicians within a span of two weeks.
2.4%
15.7%
4.
THA................................11
3.1%
8.0%
4.9%
Neurology
Primary Care
60%
Hospital-Based
16%
Sub-Specialties
13%
Surgery
11%
Data indicates the percentage of searches initiated by
specialty grouping between July 2012 through June
2013
Candidate Placements
Top 5 States Providers
Have Taken New Opportunities
1.
Texas
2.
Wisconsin
3.
Iowa
4.
Data compares the top 15 most requested
searches initiated by Delta Physician
Placement, comparing the 2nd quarters of 2012
and 2013.
Alaska
5.
North Carolina
Compares all
states for the
top 5 candidate
placements
as initiated by
Delta Physician
Placement
from July 2012
through June
2013.
Please see PHYSICIANS INDEX page 12
PRSRT STD
US POSTAGE
PAID
HOUSTON TX
PERMIT NO 13187