"For doctors, there is little reward in
this era of high costs, high regulation."
Richard L. Jackson, Chairman &
ATLANTA (July 25, 2012) - A new, nationwide survey of U.S.
physicians shows that 34 percent say they will leave the practice
of medicine in the next decade.
In 2012 alone, sixteen percent of physicians are going
part-time, retiring or leaving medicine or considering retiring or
leaving medicine in 2012, according to the survey conducted by
Jackson Healthcare, one of the nation's largest healthcare staffing
"Physicians are retiring in large numbers just as baby boomers
are starting to turn 65," said Richard L. Jackson, chairman and CEO
of Jackson Healthcare. "That creates a real healthcare access
problem. Many are demoralized and weighing their options."
The primary reason doctors cite are economic and political:
medical malpractice and overhead costs closely followed by not
wanting to practice medicine in the era of health reform. Fifty-six
percent cited economic factors for retiring or leaving medicine in
2012, while 51 percent cited health reform.
The survey was conducted prior to the U.S. Supreme Court ruling
upholding much of the Affordable Care Act.
"For doctors, there is little reward in this era of high costs,
high regulation," Jackson said.
Younger doctors also said they were considering leaving medicine
this year. Of those who said they would leave the practice or are
strongly considering so by the end of 2012, 55 percent were under
the age of 55. Those doctors also reported that the cost of running
a practice was too high and that they didn't want to practice
medicine in the era of health reform.
"The future of medicine is not what it used to be," Jackson
Specialists showing the greatest propensity to leave the
profession in the next decade, according to the survey:
- Oncologists and hematologists - 57 percent of these specialists
said they would retire by 2022
- Otolaryngologists - 49 percent of these ear, nose and throat
specialists said they would retire in the next decade
- General Surgeons - 49 percent of these physicians said they
would retire by 2022
- Cardiologists - 45 percent of these doctors said they would
retire in the next decade
- Urologists - 42 percent of these physicians said they would
retire by 2022
This survey was conducted online from April 19 to April 27,
2012. Invitations for the survey were emailed to physicians who
have been placed by Jackson Healthcare staffing companies and those
who have not. Respondents were self-selected with 2,218 respondents
completing the survey. The error range for this survey at the 95
percent confidence level is +/- 2.1 percent.
To download the full report of this survey, click here.