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:6/23/2016)... -- Bracket , a leading clinical trial technology and ... platform, Bracket eCOA (SM) 6.0, at the 52 nd ... 2016 in Philadelphia , Pennsylvania.  A demonstration ... of its kind to fully integrate with RTSM, will be ... is a flexible platform for electronic clinical outcomes assessments that ...
(Date:6/23/2016)... June 23, 2016  Astellas today announced the establishment of Astellas Farma Colombia (AFC), a new affiliate with operations ... Latin America . ... ... ... ...
(Date:6/23/2016)... June 23, 2016 The vast majority of ... dialysis facility.  Treatments are usually 3 times a week, ... visit, including travel time, equipment preparation and wait time. ... especially grueling for patients who are elderly and frail.  ... nursing and rehabilitation centers for some duration of time. ...
Breaking Medicine Technology:
(Date:6/27/2016)... Brooklyn, NY (PRWEB) , ... June 27, 2016 ... ... is using cutting edge technology to revolutionize the emergency ambulance transport experience for ... Many are aware of how Uber has disrupted the taxi industry through the ...
(Date:6/26/2016)... ... June 26, 2016 , ... PawPaws brand pet ... product that was developed to enhance the health of felines. The formula is all-natural ... two main herbs in the PawPaws Cat Kidney Support Supplement Soft Chews ...
(Date:6/25/2016)... ... ... The temporary closing of Bruton Memorial Library on June 21 due to a possible lice ... overlooked aspect of head lice: the parasite’s ability to live away from a human host, ... a necessary one in the event that lice have simply gotten out of control. , ...
(Date:6/25/2016)... ... , ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department ... in recognition of their exemplary accomplishments in worksite health promotion. , The Wellness at ... Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one of 42 ...
(Date:6/24/2016)... ... June 24, 2016 , ... Marcy was in a crisis. Her son James, eight, ... at his family verbally and physically. , “When something upset him, he couldn’t control his ... it. He would throw rocks at my other children and say he was going to ...
Breaking Medicine News(10 mins):