Many physicians have surely had it rough lately. Between getting the squeeze from insurance companies, private equity buyouts of practices, and a raging global pandemic, there has been a lot of pressure placed on physicians and medical staff across the world.
If you’re nodding your head in agreement, perhaps you’ve noticed firsthand that some of your colleagues at work are making changes to their medical careers. Some might simply be switching health care organizations.
The Covid pandemic has clearly caused unprecedented challenges for the medical community. The sheer crush of morbidity and mortality over the past two years is like nothing the medical community has ever seen.
When you overlay all of this onto the background of vaccine controversy, it’s been an incredibly tough couple of years to have a medical degree. It’s safe to say that this applies in general to healthcare workers in both private practice and employed medicine.
Data from late 2021 shows that it is in fact true that more doctors are retiring from medicine. In fact, 25% of physicians are thinking about early retirement. This shows that it’s not just a feeling.
Another factor in this overall trend towards career upheaval has been the recognition that the traditional work paradigm perhaps isn’t so great. And it’s not just physicians that are unhappy.