Turnover rates reflect shifting demographics
The average overall rate of physician turnover remained relatively stagnant between 2005 and 2006, increasing from 6.4% to 6.7%, according to the 2006 Physician Retention Survey published by the AMGA and Cejka Search. The majority of medical groups found this rate acceptable. Slightly fewer than 60% of groups surveyed said their turnover was close to their anticipated rate, and roughly the same number said their turnover wasn't too high, suggesting that groups are aware of retention issues and have more realistic expectations about turnover rates than in the past, says Mary Barber, vice president of marketing for Cejka Search.
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