1 in 4 New Docs Regret Career Path
Katie Imborek, MD, a family physician who recently completed her residency at the University of Iowa Hospitals & Clinics, is emphatically not one of those young physicians who wishes she'd picked another career. However, she is not unsympathetic to the concerns of her disgruntled colleagues.
Imborek reminded me that the new physicians were surveyed by Merritt Hawkins during their last year of residency – a time of great stress, mental exhaustion, and uncertainty, during which young physicians are hugely in debt, have worked harder than they ever have in their lives, and have yet to see the financial rewards for their hard work.
"Even though it should seem like a tremendous time of optimism because they have a lot of job offers and then salaries will be better, it has still been a difficult journey for them," Imborek says. "They are finishing a time where they had absolutely no control over [their] time for three to seven years. Residency is very hard. They cut the work hours at 80 hours per week. They are working double a full-time job and most residents get paid $50,000. If you would make that an hourly wage it is pretty darn cheap labor where you are told when and where to be and it is a stressful situation for a long time," she says.
Dr. Imborek makes some excellent points, and it was cheering and reassuring to speak with her.
Perhaps these young physicians with second thoughts have been so deep into training that they haven't had the time to understand the reality that this nation has been facing for the last few years. If that is the case, it's time they caught up on current events.
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- FDA hopes hospitals will switch to newly regulated pharmacies
- New G-Codes to Pay Doctors for Broad Array of Non-Face-to-Face Care
- Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
- The Most Polarizing Topics in Healthcare IT
- Why You Should Involve Patients in Nursing Handoffs
- The 5 Biggest Healthcare Finance Trouble Spots
- States Rejecting Medicaid Expansion Forgo Billions in Federal Funds
- How CPOE Will Make Healthcare Smarter
- Safety Net Executives Renew Call to Preserve DSH Payments