Navigation Links
How Much is Your Signature Worth? Physicians Command $21,000 on Average To Sign for Employment
Date:2/14/2012

DALLAS, Feb. 14, 2012 /PRNewswire/ -- Hollywood celebrities and professional athletes are not the only people who are paid a handsome sum of money for an autograph. Physicians are often paid for their signature too – if the physicians are putting their signature on an employment contract.

(Logo:  http://photos.prnewswire.com/prnh/20120214/DA52850LOGO)

In 2011, 88 percent of physicians were paid an average of more than $20,000 to sign on the dotted line, according to physician placement data from over 100 healthcare employers nationwide. The signing bonus is paid in addition to full reimbursement for the physician's relocation costs. 

The Medicus Firm, a national physician recruiting firm compiled physician placement data from 103 healthcare systems, revealing several physician recruiting and practice trends among a variety of U.S. healthcare employers including large national and regional systems, rural or community hospitals, academic centers, and for-profit and not-for-profit hospitals.

"As hospitals compete to employ more physicians, the stakes get higher and administrators discover that what used to be considered extraordinary is now average, or expected, when recruiting top physicians," states Jim Stone, president and co-founder of The Medicus Firm.

"The Bureau of Labor Statistics projects the need for the addition of 17,000 physicians to be added in hospital settings through the year 2020, and 126,000 to be added in outpatient settings. Therefore, successful physician recruiting strategies and incentives will be paramount for healthcare employers throughout the next decade," Stone adds.

Although the housing market remains sluggish, the percentage of physician relocations increased in 2011, as compared to 2010. Of the physicians placed in 2011, 93 percent moved to a new community for their new career opportunity.

Primary care remained the largest proportion of physician placements, but demand and placements in psychiatry and neurology increased dramatically. Additionally, placements in subspecialties of internal medicine grew from 12 percent to 18.6 percent.

Hospitals are employing physicians much more often than in recent years. Among the physicians placed in 2011, 83 percent were employment agreements with the hospital, (as opposed to 'recruiting agreements' to open or join a private physician-owned practice) and less than 5 percent of physicians were placed in solo practices.

About The Medicus Firm: The Medicus Firm of Dallas, TX specializes in permanent placement of physicians in hospitals, clinics, and practices nationwide. Visit www.TheMedicusFirm.com, or contact Andrea Santiago (800) 779-8804 x.224.


'/>"/>
SOURCE The Medicus Firm
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. VolitionRX Subsidiary Enters Into its First Revenue-Generating Agreement to Profile Blood-Based Epigenetic Signatures
2. CompanDX Ltd. and Clinical Reference Laboratory, Inc. Sign Multi-Year Deal in Support of Collaborative Gene Signature and Companion Diagnostic Development
3. Genomic Health Study Shows Breast Cancers in Men Display Very Similar Gene Signatures to Those in Women
4. Siemens Corporate Research Develops RAPID2 System for Fast Discovery of Discriminative Pathogen Signatures
5. Brain Signature for Cigarette Cravings Identified
6. Dayton Physicians Network and Zangmeister Center Join RainTree Oncology Services Network
7. Leesburg Regional Medical Center Physicians Perform Regions First Aortic Valve Replacement via Catheter
8. Medicalbillersandcoders.com Puts its Service Offers to Physicians Who Strive to Streamline Their Practice This Holiday Season!
9. American Society of Bariatric Physicians Supports FDA Warning Letters for Misleading Advertising of Lap-Band
10. Denver Spine Physicians Begin Enrollment in United States Stem Cell Therapy Study
11. Physicians Capital Investments Announces Relocation of its Corporate Headquarters to Dallas, TX
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/28/2017)... 2017 EnvoyHealth, a Diplomat company, has partnered with ... CleverCap LITE, a technology designed to improve patient medication ... health technology solutions and services that help track and ... CleverCap LITE offers medication monitoring and control for ... Records date and time ...
(Date:7/26/2017)... , July 26, 2017 E.I. Medical ... the Bimini SharkLab to custom design the worlds first ... of sharks in their native habitat. In preparation for ... Discovery Channel,s Shark Week, Dr. Guttridge approached EIMI with ... pregnancy diagnosis directly to hammerhead sharks underwater. ...
(Date:7/26/2017)... 2017 The Galien Foundation announced today ... USA Award Nominees. Counted among the global health ... outstanding biomedical and technology product achievement that improves the human ... each candidate must be U.S. Food and Drug Administration (FDA) ... tremendous potential to impact human health. Sales data are not ...
Breaking Medicine Technology:
(Date:8/19/2017)... ... ... “Congratulations! It's A Boy! God’s Gift: A Story of Love”: a children’s book that ... Boy! God’s Gift: A Story of Love” is the creation of published authors, Dale ... Christian Faith Publishing, Dale Anthony and Rachael Anthony’s new book is a perfect gift ...
(Date:8/18/2017)... ... ... ... For Immediate Release                Contact: Julian ... Young Women Seek Sex and Relationship Advice from their Fathers ...
(Date:8/18/2017)... ... August 18, 2017 , ... August ... “Vision & Hearing,” advocating for active, healthy lifestyles and highlighting the importance of ... individuals with hearing impairments and shares the latest innovations in hearing aid technology. ...
(Date:8/18/2017)... ... ... The Dawn Johnson Insurance Group, a Missouri-based insurance and financial planning firm headquartered ... efforts to educate the local population on cancer realities while attracting donations to be ... Each day in America, roughly 4,600 new cases of cancer are diagnosed and more ...
(Date:8/18/2017)... ... August 18, 2017 , ... Moore Insurance, a ... in east Texas, is launching a regional charity effort to provide publicity assistance ... the Pediatric Brain Tumor Foundation (PBTF) has raised nearly $30 million in donations ...
Breaking Medicine News(10 mins):