Latest / Becker’s Healthcare Podcast / The Physician Workforce Shortage: How Health Systems Can Attract, Flex, and Enable Their Workforce
Transcript
- 0:00- Hello, everyone. This is Jacob Emerson with the
- 0:02- Becker's Healthcare Podcast.
- 0:04- Thanks so much for tuning in today where
- 0:05- we're gonna be diving into the physician workforce
- 0:08- shortage and how health systems can attract,
- 0:11- flex, and enable their workforce.
- 0:13- Joining me for today's discussion is Melinda Geiss,
- 0:16- who serves as the senior vice president of
- 0:18- enterprise client solutions
- 0:20- at CHG Healthcare. Melinda, thank you so much
- 0:22- for taking the time to be with me
- 0:24- on the podcast today. Thank you, Jacob. It's
- 0:26- my pleasure.
- 0:28- Alright, Melinda. So let's start with the big
- 0:29- picture here, and I wanna hear about what
- 0:32- you're hearing across the industry.
- 0:34- You're you're here today with us to talk
- 0:36- a little bit about,
- 0:37- a bold claim and a blueprint that health
- 0:40- care organizations
- 0:41- need to build a workforce strategy to outlast
- 0:45- the physician shortage. So can can you start
- 0:47- us off today by talking a little bit
- 0:49- about
- 0:50- sharing what's going on in the health care
- 0:52- industry from your perspective? What would make that
- 0:55- a priority?
- 0:57- Yeah. Absolutely. And it's a loaded question. Right?
- 0:59- There's just so much happening within the health
- 1:01- care space today. Lots of change happening.
- 1:04- When I think about it, I've been describing
- 1:06- it as dynamic. You know, from every angle,
- 1:08- there's change at every facet of health care,
- 1:11- and health care is under intense pressures,
- 1:14- to really,
- 1:15- rapidly reinvent itself in order to, continue to
- 1:19- serve patients across our country.
- 1:21- When I think about it, there are really
- 1:22- three main challenges that every HCO is facing,
- 1:25- whether it's a workforce
- 1:28- gap that's creating an access gap for for
- 1:30- their patients,
- 1:32- operational inefficiency,
- 1:34- or, you know, the financial challenges that are
- 1:36- that organizations are facing in health care and
- 1:38- then across our country alike in terms of
- 1:40- inflation and and and wage increases,
- 1:44- to name a few. And the reality is
- 1:46- all these things are interwoven.
- 1:48- One affects the other, and then we really
- 1:50- can't even isolate them down to their their
- 1:52- simplest form because,
- 1:53- as you, deal with a workforce shortage or
- 1:57- gap or access to care,
- 1:59- that creates financial instability.
- 2:01- Financial instability
- 2:03- also can create operational challenges or inefficiencies as
- 2:06- you're not able to plug those gaps. So
- 2:07- all these things kind of compounding upon one
- 2:10- another.
- 2:11- If we unpack it a bit and we
- 2:12- look at the physician shortage,
- 2:14- which we would argue is already here,
- 2:17- the AAMC,
- 2:18- has been reporting about an 86,000
- 2:21- physician shortage over the next number of years.
- 2:24- We believe that's actually what we're facing into
- 2:26- today, and the HRSA,
- 2:28- the governing body,
- 2:30- overseeing all of this projects a 124,000
- 2:33- physicians short by 2027.
- 2:36- You know? Take that one step further and
- 2:39- half of physicians that are working today are
- 2:41- in the age category 55 and above. So
- 2:44- they have a short limited span on how
- 2:46- many years they may wanna continue to practice
- 2:48- or they may wanna start to wind down
- 2:50- how many hours they're spending practicing.
- 2:52- There are fewer active job seekers in the
- 2:54- physician market. And of those, they have more
- 2:57- options than they've ever had in terms of
- 2:59- where they might practice medicine, whether it's via
- 3:01- a health system,
- 3:02- virtually via telehealth,
- 3:05- or private practice, locum tenants, float pool options,
- 3:09- private equity based organizations,
- 3:11- just a lot more options than they've ever
- 3:13- had before.
- 3:15- With all of this in mind, open positions
- 3:17- are taking longer to fill.
- 3:19- If you look at the top 10 specialties
- 3:21- across the country,
- 3:22- the average median days to fill is a
- 3:25- hundred and sixty seven days.
- 3:27- The gross billable for those same services is
- 3:30- about $56,000.
- 3:32- And if you
- 3:33- look at that across the whole span of
- 3:35- those top 10 specialties,
- 3:37- something like $10,000,000
- 3:38- in gross billables are at risk just during
- 3:41- the hiring process alone in that gap in
- 3:43- time it takes to fill a position.
- 3:46- So you can see, you know, you can
- 3:47- definitely see how all these things together create
- 3:49- kind of this perfect storm of challenges
- 3:52- that health organizations
- 3:54- are facing into,
- 3:56- without a lot of answers in terms of
- 3:57- how to solve it.
- 3:59- Absolutely. So a lot of different factors driving
- 4:01- this this perfect storm, Melinda, and they compound
- 4:04- on one another. That that number you mentioned,
- 4:07- a 124,000,
- 4:08- in terms of the physician shortage by next
- 4:11- year.
- 4:12- Maybe you could, talk to us a little
- 4:14- bit about what does that look like on
- 4:15- the ground for patients?
- 4:18- We're often talking about these things,
- 4:20- from a from a business perspective, from the
- 4:22- health system perspective.
- 4:24- How does that all trickle down in terms
- 4:25- of what the patient experiences
- 4:27- on the ground across the country? And and
- 4:29- does it look different across different geographies, this
- 4:32- physician shortage?
- 4:33- Yeah. Absolutely. And right now, if you,
- 4:36- dive into the rural communities who are experiencing
- 4:40- the shortage, maybe more significantly than most,
- 4:44- it takes thirty one days on average to
- 4:46- see a primary care physician.
- 4:48- Compound that if you're trying to get into
- 4:49- a specialist that may or may not be
- 4:51- even available in your market or area, maybe
- 4:53- having to drive some distance for that specialist.
- 4:56- You know, it it's so it can be
- 4:58- very grim. In fact, in major metropolitan areas,
- 5:01- the numbers really don't look much better. So
- 5:03- you're waiting for care. Maybe you're putting care
- 5:05- off. And then if you think about the
- 5:07- compounding effect of not receiving care or delaying
- 5:10- care and what that can do,
- 5:12- to the the overall cost factor within the
- 5:14- health care system,
- 5:16- it can again start to compound upon the
- 5:19- problem.
- 5:20- Telehealth can be a awesome solution.
- 5:24- If you're able to build a program and
- 5:25- sustain a program, it can serve a lot
- 5:27- of immediate needs.
- 5:29- APPs and other types of physicians can come
- 5:32- in and help solve some of the gap.
- 5:34- But the reality is, is as a patient,
- 5:36- it's a it's a given line and wait
- 5:38- type of situation for many.
- 5:41- Absolutely. And so going back to what you
- 5:42- said, there is no real easy fix here.
- 5:44- You're framing this as as a blueprint
- 5:47- instead. And so can you dive into that
- 5:49- a little bit more in terms of why
- 5:51- you're framing it that way? And maybe the
- 5:53- biggest misconception you think the CFOs, CEOs out
- 5:56- there have about the physician shortage right now
- 5:59- and how it's impacting the country?
- 6:02- Yeah.
- 6:03- It's,
- 6:04- we go with the term blueprint because really
- 6:06- you do have to look at every
- 6:08- system individually,
- 6:09- take a look at their operating reality and
- 6:12- understand the challenges they face in their geography,
- 6:15- with their footprint, their makeup,
- 6:17- the patient base they have, the resources they
- 6:19- do have available, and those they don't have
- 6:21- available to them. And you have to solve
- 6:23- for that hospital system or that location uniquely.
- 6:27- And so no single lever can do that.
- 6:29- Right? There's no magic bullet. There's no formula
- 6:32- that can do that, and it's a compounding
- 6:33- effect.
- 6:34- So back to the workforce access and gaps,
- 6:37- operational efficiency, and financial sustainability
- 6:39- all hitting at once, you can't solve that
- 6:42- problem with one
- 6:43- one solution.
- 6:44- It's a series of things. Often, I talk
- 6:47- about the wedge theory. Right? You've got this
- 6:49- growing problem, and in order to solve that
- 6:51- problem, you gotta stack up different wedges of
- 6:54- solutions,
- 6:55- in order to start knocking the problem down.
- 6:57- There's often a common misconception that this is
- 6:59- just a hiring problem. Just hire more people.
- 7:02- And that actually for years was the case,
- 7:05- But increasingly, it's a deployment and design problem.
- 7:07- How you use the position in APs you
- 7:09- already have in addition to how you supplement
- 7:12- that workforce,
- 7:14- to cover gaps and unexpected coverage needs across
- 7:17- the board.
- 7:19- If you think about it, I'm gonna kind
- 7:21- of go back to this multiple times today.
- 7:23- That's not one thing that can help solve
- 7:25- the problem, but these things
- 7:28- working together,
- 7:30- to solve the problem. And I think a
- 7:31- lot of organizations have to sort of embrace
- 7:33- the idea that
- 7:35- it's a complex problem. It needs a complex
- 7:38- solution, and I'm willing to take the steps,
- 7:41- necessary in order to get to that complex,
- 7:43- complex compounding solution,
- 7:45- which includes attracting and retaining
- 7:48- the physicians you have and spending time on
- 7:51- what engages them and what burnout looks like
- 7:53- and how we help bring solutions in to
- 7:56- help maintain the positions in place that we
- 7:59- already have.
- 8:00- And that doesn't mean just throwing a a
- 8:02- stay bonus at them. Right? That's a fine
- 8:04- that adds to your financial challenges, but truly
- 8:07- understanding what's important to them and then building
- 8:09- a flexible workforce around them. Right? I wanna
- 8:12- go on a vacation as a physician. I
- 8:13- have a life event, and I need some
- 8:15- time off.
- 8:16- I've moved to a new,
- 8:18- opportunity in a new organization. I've left a
- 8:20- gap. How do I quickly and easily fill
- 8:23- those gaps,
- 8:24- in the most cost effective and clinical effective
- 8:27- way?
- 8:28- And in today's world, without a technology wrapper
- 8:32- for all of those things, it just becomes
- 8:34- burdensome and difficult to manage without the insights
- 8:36- you need to continue to move a plan
- 8:38- like that forward. So this type of compounding
- 8:41- approach really can help,
- 8:43- begin to solve the challenge. And, again, uniquely
- 8:45- at every facility or every hospital system given
- 8:48- everyone faces into different challenges.
- 8:51- I wanna go off something you just said
- 8:53- there, Melinda, of a physician, for example, saying
- 8:55- I wanna go on vacation because I think
- 8:57- that really speaks to something that your data
- 9:00- says or is showing that physician autonomy
- 9:04- now outranks
- 9:05- compensation as the top job priority. And so
- 9:08- what does that mean for health systems and
- 9:11- how they they should be competing for this
- 9:13- kind of talent right now, and and can
- 9:15- they offer,
- 9:17- a good competing offer to other other areas
- 9:20- of the health care system that maybe can
- 9:22- offer autonomy better to to a physician workforce?
- 9:26- Yeah. It's a it's a really important point.
- 9:28- Money is table stakes. Right? As a physician,
- 9:31- you go into medicine to make a difference,
- 9:33- and you also know that you're gonna be
- 9:35- well compensated for that.
- 9:37- And so there's a certain level of expectation
- 9:39- there. But as physicians continue to really think
- 9:41- about why they're practicing medicine with all the
- 9:43- things being thrown at them administratively and otherwise,
- 9:47- it gets a little,
- 9:49- off base for them. I get they start
- 9:51- to sort of
- 9:53- lose sight of why they entered health care.
- 9:56- And I was at a a large hospital
- 9:58- system not too long ago talking about burnout
- 10:00- and having a good conversation with the c
- 10:03- team within this organization.
- 10:05- And I said, what are you doing about
- 10:07- this challenge with burnout? And their answer to
- 10:09- that was a Zen Room for their physicians
- 10:11- to go in and decompress, which is a
- 10:13- nice idea.
- 10:14- But it really is just insignificant,
- 10:17- for the surmountable challenge of burnout. Right? That
- 10:20- you get to go relax for a few
- 10:21- hours. By the way, they built the Zen
- 10:23- Room next to the C Suite,
- 10:25- and no one would go in it
- 10:27- because they were too afraid of, you know,
- 10:29- taking,
- 10:30- taking time down with the CEO watching them.
- 10:33- But if money is table stakes,
- 10:35- and not a differentiate
- 10:37- differentiator anymore, autonomy rises to the top of
- 10:40- the list. This includes clinical authority.
- 10:43- For an example, I wanna be able to
- 10:45- make decisions that are best for my patients.
- 10:47- I don't wanna always be told what decisions
- 10:50- I need to make
- 10:51- or schedule autonomy.
- 10:53- I wanna have choice over how, when, and
- 10:55- where I work.
- 10:56- And strategic authority, can I have some input
- 10:59- into the organizational
- 11:00- decisions that are impacting my work every day?
- 11:03- That can go further than,
- 11:05- a $30,000
- 11:06- stay,
- 11:07- bonus or even an increase that's in in
- 11:10- some scenarios. So really leaning into that. And
- 11:14- I think it's also important to note that
- 11:16- job
- 11:16- satisfaction isn't necessarily linked to their behavior.
- 11:20- We did a recent, physician settlement survey, and
- 11:23- seventy four percent of physicians
- 11:25- indicated they're satisfied with their employer,
- 11:28- yet their NPS
- 11:30- or their net promoter score is a negative
- 11:32- eight. What this means is that they wouldn't
- 11:34- recommend others to their organization
- 11:36- and that they are at risk for leaving,
- 11:38- yet they claim to be 74%
- 11:40- satisfied.
- 11:41- So there's an undertone
- 11:43- and a willingness to be open to different
- 11:46- opportunities,
- 11:47- if the right opportunity is presented that produces
- 11:49- more autonomy or flexibility,
- 11:51- not just more compensation.
- 11:53- And last, there's a strong financial correlation between
- 11:56- physician engagement
- 11:58- and organizational
- 11:59- performance.
- 12:00- Physicians who are fully engaged are 26%
- 12:03- more productive than their disengaged counterparts,
- 12:07- and they bring in almost a $500,000
- 12:09- more, 460
- 12:10- k on average, in additional patient revenue per
- 12:13- physician per
- 12:14- year. So it's a pretty strong case for,
- 12:17- you know, what physicians want today might not
- 12:20- look exactly like it looked last year or
- 12:22- even five years ago, and it has a
- 12:24- lot more to do with,
- 12:26- them having input
- 12:27- and ability to have some autonomy and flexibility
- 12:31- over over their situation.
- 12:32- Yeah. No. Absolutely. So they they want choice.
- 12:35- They want autonomy. And I I also I
- 12:37- wanted to make sure we discussed,
- 12:39- the use of float pools today as well,
- 12:41- Melinda, because I know they've been used for
- 12:43- a long time in nursing staffing to offer
- 12:46- flexibility,
- 12:47- while still getting coverage needs met at at
- 12:50- the health systems. So I wonder, you know,
- 12:52- you you've you've just mentioned you've worked for
- 12:54- for health systems.
- 12:57- Based off of what you're seeing across the
- 12:58- industry,
- 12:59- what's the appetite for that among physicians, and
- 13:03- how should systems build the infrastructure to support
- 13:06- something like that?
- 13:07- Yeah. Appetite's really high. In our most recent
- 13:10- survey data, we,
- 13:12- saw that 57%
- 13:14- of employed physicians expressed interest in working in
- 13:17- a float pool,
- 13:18- and the top reason why they're interested in
- 13:21- that is for some flexibility
- 13:23- even above additional pay.
- 13:26- So having an appetite's first. Right? Okay. Good.
- 13:29- I'm willing to do it. But the infrastructure
- 13:31- does need to be in place.
- 13:33- Imagine a tiered system for when you have
- 13:35- gaps in coverage.
- 13:37- You first obviously, everyone wants to employ a
- 13:40- staff physician or a permanent physician,
- 13:43- as a first option. When that isn't available
- 13:45- to you, if you can first tap into
- 13:47- your internal flow pool, your own physicians who
- 13:50- are already credentialed,
- 13:51- privileged, and ready to work within your organization,
- 13:53- they understand your expectations, your needs, your culture.
- 13:56- If you can tap into them first, wouldn't
- 13:57- that be ideal? But in order to do
- 13:59- that, you really do have to set up
- 14:00- a good system where everyone can indicate availability,
- 14:03- match that against open gaps, etcetera.
- 14:06- And then if you could say, well, there's
- 14:08- not an internal,
- 14:10- physician who can float for us. Maybe I
- 14:12- could use virtual care as telehealth an option
- 14:14- in this scenario. And then in that case,
- 14:16- I don't need to
- 14:18- recruit,
- 14:19- even a temporary
- 14:22- slot for my physician pool. I can utilize
- 14:26- a network of telehealth physicians.
- 14:28- And
- 14:29- that may not be an option either. Maybe
- 14:31- that particular service isn't available in the telehealth
- 14:33- space space or doesn't make sense for that
- 14:35- service.
- 14:36- An APP can be a great additional option.
- 14:39- And at the end of the day, when
- 14:40- all of those options have failed,
- 14:42- physician locums becomes really prime.
- 14:45- Sometimes physician locums aren't utilized at the extent
- 14:48- they could be because of the cost of
- 14:50- bringing in a position,
- 14:53- temporarily.
- 14:54- But when you're using them strategically
- 14:56- and you're starting and going through your your
- 14:59- pool and you've
- 15:00- exhausted your options, locums often is the right
- 15:03- answer. And as long as managed strategically,
- 15:07- can have a high ROI as well.
- 15:09- Understood. So there is an appetite there, can
- 15:12- have a high high ROI.
- 15:14- I'd be also remiss, Melinda, if I didn't,
- 15:16- shift the conversation a bit and ask you
- 15:18- about the AI piece of all of this
- 15:21- because, obviously, as you know, it's it's showing
- 15:23- up now in recruiting, credentialing,
- 15:25- scheduling.
- 15:26- So
- 15:27- you're talking about ROI. Where are you seeing
- 15:30- the most immediate provable ROI in the space
- 15:33- versus where it's still high. There's there's more
- 15:35- promise than proof. We're hearing the c suites,
- 15:39- really talk about that a lot more today
- 15:41- in terms of the share investments being made
- 15:43- in this space versus,
- 15:44- the ROI that's being proven. So can you
- 15:47- talk to us a little bit about,
- 15:48- to us about that side of this?
- 15:50- Yeah. Absolutely. From the recruitment perspective, you know,
- 15:53- obviously, CHG Healthcare is the largest physician workforce
- 15:57- solutions company in the country, and we do
- 15:59- a ton of physician recruitment and placement, about
- 16:02- 10, 11,000 positions annually.
- 16:05- And we're utilizing
- 16:07- AI to help improve and expedite our credentialing
- 16:10- process dramatically as well as the screening and
- 16:13- matching process.
- 16:14- How do we bring the right candidates in
- 16:17- quickly? How do we match them up with
- 16:19- the right job opportunities quickly,
- 16:21- to bring a quality provider through for our
- 16:23- customer and that patient on the other end?
- 16:26- We've been able to
- 16:27- reduce candidate matching from hours to minutes and
- 16:31- from credentialing cycles that last sometimes up to
- 16:34- months to to weeks or days. So it
- 16:36- can have a really profound impact on speed,
- 16:40- quality,
- 16:41- and accuracy.
- 16:43- We also
- 16:44- see, you know, a lot of use cases,
- 16:47- where AI won't solve the physician shortage.
- 16:50- It won't replace APPs or physicians, but it
- 16:53- will, and is
- 16:55- helping to reduce workload and burnout and taking
- 16:58- some of that administrative burden off of physicians
- 17:00- so that they can see more patients and
- 17:03- maybe even spend more time with patients.
- 17:05- And that helps with their satisfaction
- 17:07- and burnout in their role as well. So
- 17:10- all good things on the AI front, maybe
- 17:12- not, to help completely close the gap of
- 17:15- the physician shortage, but certainly having massive positive
- 17:18- impact,
- 17:19- across the board.
- 17:21- It is interesting, though, when you look at
- 17:22- it where administrators
- 17:24- see, you know, really, really high high use
- 17:26- cases and, levels of optimism in terms of
- 17:29- how this is gonna help, where physicians
- 17:31- are a little more skeptical, although they do
- 17:33- think it is definitely helpful and here to
- 17:35- stay.
- 17:36- And I think the last, you know, the
- 17:37- last thing is just getting clear visibility
- 17:40- into data
- 17:42- through AI.
- 17:44- This has been a long standing challenge for
- 17:46- organizations, and we're seeing rapid deployment of new
- 17:48- tools and technologies
- 17:50- to help manage spend utilization and credentialing
- 17:53- status alike. So
- 17:55- lots of new and emerging use cases that
- 17:57- I think we'll continue to see.
- 17:59- Yeah. No. Absolutely. It's really interesting. And I
- 18:01- know we could do an entire podcast today
- 18:03- just on on that topic. But in the
- 18:05- interest of time, I do wanna make sure,
- 18:08- to to ask you to,
- 18:10- give some last minute bits of advice to
- 18:13- to the c CFO or the CEO listening
- 18:15- today. And I think going back to what
- 18:17- you were saying earlier, Melinda, about,
- 18:20- as an example of putting the Zen Room
- 18:23- next to the c suite and how sometimes,
- 18:26- there can be
- 18:28- surface level solutions to to the problems that
- 18:30- we're talking about today. If you were talking
- 18:33- to that to that c suite listening in
- 18:35- right now and they could act on only
- 18:37- one thing from this conversation in the next
- 18:39- quarter to to really
- 18:41- make change in terms of what we've been
- 18:43- talking about today.
- 18:44- What would you tell them to prioritize?
- 18:47- Yeah. I I would start with having a
- 18:49- deliberate focus on how do you shore up
- 18:52- the health of your physician and your AP
- 18:54- workforce
- 18:55- through a combination of strategic actions
- 18:58- that you can take? And there is no
- 19:00- one single thing, but a set of things
- 19:02- to ensure that your current physician population is
- 19:06- is secure, engaged, and it's going to, you
- 19:09- know, maintain employment with you for a long
- 19:11- time. That's the most important thing anyone can
- 19:13- do. And there's little little activity in this
- 19:16- area, very little focus or deliberate focus in
- 19:18- this area. So that would be a really
- 19:20- easy thing for anyone to do. And then
- 19:22- you can shore that permanent population up with
- 19:25- a routine of different ways you tap into
- 19:27- your vendor partners, whether that's through telehealth or
- 19:30- an AP or a locum provider to help
- 19:32- you provide a flexible,
- 19:35- solution for when your physician workforce either can't
- 19:38- be delivered timely or or,
- 19:40- needs a break.
- 19:42- And then, you know, leveraging technology to make
- 19:45- it easier for everyone involved. I mean, these
- 19:46- are the really the three things that any
- 19:48- organization
- 19:49- can do if
- 19:51- they deliberately focus on it, and a good
- 19:53- partner can absolutely be game changing on this
- 19:55- front.
- 19:56- Wonderful. Laura, I think that's a really great
- 19:59- place to leave things. So, Melinda, I wanna
- 20:01- thank you for taking the time to chat
- 20:03- with us and for sharing your insights with
- 20:05- our listeners. We really appreciate you doing so.
- 20:08- Yeah. It was my pleasure.
- 20:10- And to our listeners, we'd also like to
- 20:12- thank our podcast sponsor, CHG Healthcare. You can
- 20:15- tune in to more podcasts from Becker's Healthcare
- 20:18- by visiting our podcast page at beckershospitalreview.com.