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:10/5/2017)... , Oct. 5, 2017  In response to ... Oral and Maxillofacial Surgeons (AAOMS) released prescribing recommendations ... to be used as a first-line therapy to ... Recognizing the value ... White Paper "Opioid Prescribing: Acute and Postoperative Pain ...
(Date:10/2/2017)... Oct. 2, 2017 Diplomat Pharmacy, Inc. (NYSE: ... Software and Consulting, LLC , and named its founder ... based in Tennessee , will operate ... expands EnvoyHealth,s service offerings for health care partners to ... "In an interoperable world, technology ...
(Date:10/2/2017)... COPENHAGEN, Denmark , Oct. 2, 2017 The ... tool in the struggle to reverse the tide of prescription ... plan for regulating their medicine intake and stepping down their ... is set to launch in December 2017; the first 100,000 ... access. Learn more at http://www.rebound-solution.com/ ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... October 13, 2017 , ... PurhealthRX , a leading Health ... technology. Applying the Purzorb™process to full spectrum CBD oil will revolutionize the rapidly growing ... form that can be easily incorporated into liquid products, while reducing costs to end ...
(Date:10/13/2017)... N.J. (PRWEB) , ... October 13, 2017 , ... The ... Holly Day Market. Featuring a collection of specialty vendors and unique items from across ... personalized and quality-focused health and wellness services offered by the VNA. The boutique ...
(Date:10/13/2017)... VA (PRWEB) , ... October 13, 2017 , ... ... of DevOps and Agile Software Development, has been awarded a contract by the ... Blanket Purchase Agreement (BPA) aims to accelerate the enterprise use of Agile methodologies ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the largest and ... plans to open a flagship location in Covington, LA at 401 N. U.S. Highway ... store next to Office Depot in the Holiday Square shopping center. Its location allows ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... drug delivery system that we intend to develop to enable prevention of a ... lead to severe hearing loss, especially in pediatric patients. For cisplatin, hearing loss ...
Breaking Medicine News(10 mins):