Physician Staffing Blog

Career Insights

Launching a Medical Career

July 23, 2019

Launching a Medical Career

By Tom Florence, EVP at Merritt Hawkins

Every other year, Merritt Hawkins conducts a national Survey of Final-Year Medical Residents examining the practice plans and preferences of physicians about to complete their training. The 2019 version of this survey revealed that new physicians are swamped with job offers. Sixty-six percent of those surveyed indicated they had been contacted by recruiters about job opportunities 51 or more times during the course of their training, while 45 percent had been contacted 100 or more times.

Few new physicians, however, indicated that they are ready to handle the business side of medicine. Only 8 percent of those surveyed said they are “very prepared” to assess employment contracts, compensation arrangements and other aspects of employment they need to know to accurately evaluate practice opportunities.

New Physician eBook from Merritt Hawkins

Enter a new resource from Merritt Hawkins. Launching a Medical Career is an eBook that addresses many of the questions physicians ask about the business side of medicine. Topics covered include:

  • Current physician supply and demand trends
  • Types of practice settings available
  • Common elements of physician employment contracts
  • Salaries, signing bonuses and CME
  • Volume and valued-based production bonuses
  • How to write a CV
  • How to partner with recruiters 
  • Interview questions and recommendations 
  • Work visa requirements for International Medical Graduates

Launching a Medical Career offers a framework that new physicians can use to ensure they select the right practice opportunity – one that matches their personal and professional needs. Merritt Hawkins is happy to share this resource with new physicians and any others who may benefit from a review of current physician employment principles, metrics and trends. 

Download your copy of the eBook here

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