How physician leaders can improve employee retention

As an executive physician, you know the concerns surrounding unsustainable healthcare staff and leadership turnover.

High turnover rates have serious financial, professional, and patient-care implications. In 2023, 40% of healthcare professionals flat-out resigned, resulting in low employee morale and hundreds of millions in lost revenue.

Physicians applying for executive positions must understand the impact of employee turnover and prepare solutions to gain confidence from hiring committees. Understanding the healthcare staffing ‘leaky funnel’ will also help you secure a long-term leadership position.

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