BOCA RATON, Fla., Oct. 10th – HealthCare Appraisers, Inc., a leading healthcare valuation and advisory firm with offices nationwide, has released its new publication, the 2020 Physician Relocation Study. The study provides key trends and data from nearly a decade of metrics, as well as insights into how these factors impact recruitment and retention success. It analyzes the long-term relocation patterns of a large sample of physicians at all stages of their careers. A complimentary download is available at: https://healthcareappraisers.com/2020-physician-relocation-study/
“Employers who align their recruitment strategies with the market trends in this study can improve their chances of recruitment success and compete effectively for physician employees,” said Nicholas Newsad, MHSA, Director at HealthCare Appraisers and an author of the study. “Physicians’ willingness to relocate is a major factor in competitive physician labor markets. Relocation trends affect the physician recruitment and retention prospects of thousands of medical groups, hospitals, and health systems each year.”
The 2020 Physician Relocation Study analyzes physicians’ geographic relocations during the nine-year period from January 2011 through December 2019 for a sample of 279,992 physicians who graduated from medical school between 1989 and 2016. This analysis was performed using data from semi-annual NPI record updates from 2011 through 2019, U.S. Census Bureau 2016 Gazetteer ZIP codes data, and Federal Office of Rural Health Policy (FORHP) ZIP code data files.
HealthCare Appraisers’ contributing experts to the publication are Nicholas A. Newsad, MHSA, Director; Matthew J. Muller, ASA, Director, and Dana L. Boatman II, CMPE, Director. HealthCare Appraisers’ team members are valuation experts who regularly present at national conferences and produce highly cited published insights.
HealthCare Appraisers, Inc. is a pioneer in the field of healthcare valuation and advisory services and is recognized for its thought leadership and proven track record. With eight offices strategically located throughout the country and 100+ dedicated team members, HealthCare Appraisers works with clients – ranging from small, solo physician practices to large, national hospitals and healthcare systems – in all 50 states and abroad. www.healthcareappraisers.com.