It Seems Like All Doctors Are Quitting Medicine

Many physicians have surely had it rough lately.

Between getting the squeeze from insurance companies, private equity buyouts of practices, and (oh yeah) a raging global pandemic, there has been a lot of pressure placed on physicians and medical staff across the world.

Do you feel a little on the “fried” side? Has some of the joy, the raison d’être you had for practicing medicine diminished somewhat? As The Darwinian Doctor points out in this guest post, you are surely not alone.

You may have noticed something strange if you’re friends with any doctors on social media these days. It seems like a startling number of doctors are quitting medicine to pursue other career paths or retire early. Some might be leaving to become life coaches, while others might be leaving to become investors or business owners.

What the Heck is Going On?

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The number of deaths from Covid is now more than the deaths we saw from World War II, Korea, and Vietnam combined. Depending on your specialty, you’ve had varying levels of exposure to the “front line.” 

The Covid-19 Pandemic

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. More doctors are in fact quitting medicine, and many more are considering it.

More Doctors are Retiring

Working a 9-5 job with a commute has never seemed so unsatisfactory for our nation at large. In 2021, somewhere between 25% to 40% of workers planned to leave their jobs. Most are planning to move to a better job, but many people (especially women), may have left the workforce for good.

Dissatisfaction with the status quo

Medical practices are increasingly being bought by private equity groups and hospital systems. In fact, 2020 marked the first year more physicians were employed, rather than in private practice (according to the AMA).

The experience of healthcare workers

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