How to Hire and Retain Millennial Doctors

The healthcare industry is in serious need of primary care physicians, and the Association of American Medical Colleges (AAMC) reports that the United States will face over a 43 thousand primary care physician shortage by 2030.

The answer to this shortage will be millennials, but the recruitment of qualified young doctors will be competitive. Medical practices should consider how to accommodate and embrace the new generation of physicians because their needs and wants will be much different from their baby boomer counterpart.

Encourage employment

A new survey shows that physicians prefer a secure salary and employment instead of taking on ownership of an independent practice. Many graduates are dealing with massive student loans, so financial security is a must.

Embrace technology

Millennials are the first generation to grow up when computers, cell phones and even the internet were introduced to the world. They are extremely comfortable utilizing technology, and it has become a huge factor in everyday life. If your practice is very traditional, think about how you can begin incorporating EMRs or other healthcare tech into the office.

Foster work/life balance

Millennials don’t mind rolling up their sleeves to work, but when they’re not working they don’t want to be burdened by the office. Focus on how your practice can incorporate work/life balance into your workflow. Consider offering flexible vacation time or hours, minimizing the amount of being on call or other ways to optimize the time for physicians to work but also enjoy time out of the office. It’s key to avoid burnout, and the key may be hiring more physician assistants or nurse practitioners to offset the workload.

If your medical practice needs assistance hiring young doctors, Tinkbird can help.

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Doctors and the economy