Calculate break-even point to choose in-house or external recruiter
Forget signing bonuses and other up-front salary incentives-recruiting a physician becomes costly before compensation even enters the picture. Factor in advertising to find a candidate and interview expenses, such as airfare and lodging, and the administrative costs of recruiting a physician can average between $20,000 and $50,000.
But a physician vacancy isn't cheap either, often resulting in hundreds of thousands of dollars in lost revenue. Facilities must be willing to spend money to bring the right physician in, but finding the most economical strategy can lead to a substantial savings.
Most Viewed
Most Emailed
- ICD-10 Coding Uncovers Higher Rate of Fatal Falls Among Seniors
- Will Maryland's Rate Shift Send Tremors Around the Country?
- MO Hospitals Review Highlights Value of Disaster Preparedness
- Mapping Out Revenue-Cycle Solutions
- Medical Boards Step Up Disciplinary Actions
- Best Healthcare Leaders Know When to Exit
- Aetna Building National ACO Network
- FL Hospital Vendors Sentenced in Bribery Scheme
- E-book Revolution Changes, Challenges Healthcare
- Eat Healthful Food...If You Can Find It


Comments are moderated. Please be patient.