Placement Rate of Advanced Practice Clinicians Doubles for 2016 Year-to-date

Mid-year Review of National Healthcare Placement Activity Reveals Hiring Trends for First Half of 2016

The proportion of advanced practice placements is on track to double that of 2015, based on hiring activity among clients of The Medicus Firm, in the first half of 2016. In 2015, advanced practice comprised a little more than eight percent of all placements. That proportion has doubled to an unprecedented 16 percent for the first half of 2016 (January through June). The percentage of non-physician placements has grown steadily since 2012, when advanced practice placements comprised about 1.3 percent of all placements.

Based on an analysis of hundreds of placements made nationwide so far in 2016, physician assistants were the second-most frequently placed providers, behind Family Medicine physicians. Additionally, nurse practitioners broke into the top ten, in ninth place. Rounding out the top five most frequently placed providers were hospitalists in third place, cardiologists in fourth place, and OB/Gyns were the fifth most frequently placed provider.

When categorizing placements by type, placements of primary care physicians are on pace with last year, comprising 36 percent of placements made year-to-date. Primary care placements include family medicine, internal medicine, and pediatricians.

Placements by Type, Nationwide, clients of The Medicus Firm Jan.-June 2016

Placements by Type, Nationwide, clients of The Medicus Firm Jan.-June 2016

Another trend is the growth of placements in mid-sized communities, which grew from 31 percent in 2015 to more than 45 percent in 2016 thus far, surpassing placements made in urban and rural communities.

In keeping with the trend towards hospital employment, 99 percent of placements were employed opportunities, vs. one percent which were private practice.

By the Numbers: Placements of Advanced Practice Clinicians 2016 YTD

Among the non-physician placements made in the first half of 2016, PAs made up 58% of advanced practice clinicians placed, and 42% were NPs.

Average NP Salary: $113,000

Average PA Salary: $118,500

Average Signing Bonus: $15,000

Signing bonuses for advanced practice clinicians ranged from $5,000 – $20,000, averaging $15,000 overall.

The average relocation package for advanced practice clinicians was $6,500.







Academic Physician Recruiting Trends – 2016

Academic Physician Roles Require More Clinical Time

Physicians pursue medical careers for many different reasons, just as physicians in academics took many different paths to get where they are today, and for a variety of motives. Academic physicians seek to teach and learn, in addition to practicing clinical medicine. They wish to make an impact on the lives of future physicians, as well as patients’ lives.

The physician workforce is not static – people are constantly leaving and entering it, all while the healthcare industry experiences numerous changes including those in legislation, (ACA, HITECH, etc.), patient population, technology, reimbursements, and other economic factors, to name a few.

Recruiting physicians today to any setting is extremely challenging. The decision for a physician to practice in a private practice, community health center, for profit hospital or academic setting is difficult enough when the settings are clearly defined. In today’s practice environment, what were once distinctly unique settings and types of practices have become blurred and overlapping.

All of this results in a constantly evolving scene in academic medicine, creating new challenges in recruiting and retention of academic physicians. A “new standard” of academic medicine has emerged as the needs of academic medical centers shift under the weight of increasing financial burdens and government regulations.

Demographic changes in the physician workforce, including academics, have been widely reported. Diversity is increasing, with growing percentages of women, international medical graduates, osteopathic physicians, and ethnic minorities. Additionally, younger physicians are changing the workforce too as they enter and as more physicians from the older generation retire. The industry and environmental changes, combined with the workforce changes have resulted in a physician workforce that is more technologically savvy, seeking a better balance of work and life, while still earning enough to pay off staggering student loan debt.

According to Kelley Dunn, MBA, Director of Business Development for the Academic Division at The Medicus Firm, the Affordable Care Act and declining reimbursements, as well as cuts in research grant money have made it increasingly difficult for academic medical centers to remain financially viable, particularly with the same staff model of yesteryear.

“In years past, the ‘traditional’ work model for academic physicians included blocked time for both clinical practice and academic activities, (teaching, and research, etc.),” Dunn explains. “But, in many cases, the time set aside for academic activities has dwindled considerably, or has even become non-existent. Many current searches we are working in the academic sector have academic/administrative time that’s been reduced closer to about 20 percent, and the other 80 percent of the physician’s time spent in the clinical setting.”

Dunn adds that even the physical location of academic physicians is changing, as well as the entire inpatient model. “We recently placed a hematology/oncology nocturnist (hospitalist) with one of the leading academic cancer institutes in the nation. Previously, an inpatient oncologist was unheard of in an academic setting.” Additionally, Dunn says, academic centers are placing physicians far from the actual university hospital itself, sometimes 40-100 miles away, to help build out networks and refer patients in to help bolster subspecialty lines of service at the academic center. “We recently placed two gastroenterologists more than 40 miles off campus, who will spend the majority of their time treating patients, with very little, if any, time for academic activities.” She adds that this is increasingly becoming the norm for many other academic centers.

The above is an excerpt from a white paper regarding academic recruiting trends experienced by the recruiting leadership team and their clients of The Medicus Firm. To learn more about academic physician search trends, and receive a complimentary copy of this seven-page whitepaper in its entirety, please contact Kelley Dunn:

The Medicus Firm Releases Annual Physician Practice Preference Survey for 2016

The Medicus Firm conducted its 13th annual Physician Practice Preference and Relocation Survey in April 2016. Respondents answered 20 questions via a secure, anonymous survey application, a link to which was sent directly to qualified participants. A total of 2,413 providers representing more than 21 specialties and 50 states completed the survey, which included physicians in practice and in training, as well as advanced practice clinicians (NPs and PAs).

“We appreciate physicians sharing their ideas and concerns with us for this annual survey,” states Jim Stone, president of The Medicus Firm. “We enjoy providing insight to the practice preferences and concerns of physicians and advanced practice clinicians, to hopefully assist administrators, recruiters, and other decision makers to develop effective search  and interview strategies.”

Trends in Physician Practice Preferences and Practice Concerns:

The southeast region remains the most desired region, (23.5%), but the Pacific (CA, NV, HI) took second place this year (14%), pushing Northeast/New England to third, to tie with Mid-Atlantic, at 12% each.

Single-specialty group, the top choice of practice setting, grew further in popularity, to 34%, from 28% favorite last year. Hospital Employment repeated its second place run at 20%, a slight decrease from last year’s 23% popularity.

Nearly 20% of respondents plan to make a career change within 12 months. About eight percent are “definitely” leaving, and another ten percent are “most likely” making a career change. Only 27% indicated they are definitely NOT making a career move this year, which is down from previous years (34% last year, and 43% the previous year definitively ruled out a job change).

Physicians’ approval rating of the Affordable Care Act declined for the first time in several years, and the decline was fairly substantial. Only 71% of respondents gave the ACA a passing grade this year (A, B, C, or D), as compared to 83% last year, and 77% in 2014. Fewer than 3% of respondents awarded the ACA with an “A”.

Doctors are slightly more satisfied with their 2015 income. About 29% were neutral or unsure, 36.7% were satisfied, and 34.1% were dissatisfied. However, they are less optimistic about future income growth. Last year, 39% of respondents projected income growth over the previous year. This year, about 29% project that their income with increase in 2016, compared to 2015.

Approximately 29.6% of physicians project an increase in their 2016 income, as compared to what they earned in 2015. This is a less optimistic reply than last year’s, when 39% of physicians projected an increase in their 2015 income, over 2014.

“It’s also interesting to note that the two greatest practice concerns were compensation (declining reimbursements) and work/life balance,” Stone adds. More than 70% of residents and fellows selected “Work/Life Balance” as one of their top two practice concerns, and 45% of practicing physicians did. The third most significant practice concern was “Work-Related Burnout and Stress,” which was selected as a top-two concern by about 25% of both groups – practicing physicians, and those in training, too.

New questions in this year’s survey revolve around the growing trend of employing physicians. Last year, over 90% of all physicians placed by clients of The Medicus Firm were hired as employees, and 60% of this year’s survey respondents are employed by a hospital or health facility. How does being employed impact physician career satisfaction, as opposed to being a partner or owner in one’s own private practice? Most physicians feel that being an employee negatively impacts their compensation, and their career satisfaction, with 55.8% and 42.6% respectively indicating as such.

To obtain a copy of the 2016 physician survey, please contact your representative. For media inquiries, executive interviews, speaking engagements, or a media copy of the survey, please contact Andrea Clement Santiago,



The Medicus Firm Achieves Best of Staffing for 2016

The Medicus Firm achieved Best of Staffing designation again in 2016. The Best of Staffing award, powered by Inavero, is bestowed to the recruiting firms with the highest client satisfaction ratings, as determined by NetPromoter scoring system. This recognition program was established seven years ago, and this is the fourth official win for The Medicus Firm out of six years participating. best-of-staffing-2016-client-rgb

According to the official Best of Staffing website, “The Medicus Firm earned the Best of Staffing® Award for providing remarkable service quality. Fewer than 2 percent of all staffing agencies in the U.S. and Canada earned the 2016 Best of Staffing Award for service excellence. Best of Staffing winners truly stand out for exceeding expectations, and this award identifies the staffing industry’s elite leaders in service quality.”

“We are honored and excited to be recognized for all of our associates’ hard work and efforts to meet our clients’ recruiting needs,” states Jim Stone, president of The Medicus Firm. “We thrive on producing results to keep our clients satisfied with our staffing services, and are pleased to be included on the Best of Staffing list again this year.” The Medicus Firm also achieved the Best of Staffing designation in 2011, 2013, and 2014. “The tenure and tenacity of our recruitment team, as well as the passion and commitment to our clients’ physician recruiting objectives, have enabled us to achieve this important recognition,” Stone concludes.

For more information about the scoring system, or to read client reviews and ratings of The Medicus Firm, visit the Best of Staffing website.

Most Frequently Placed Specialties, Signing Bonus Trends, and More Revealed in New Placement Report

The Medicus Firm, a national, leading healthcare search firm specializing in the permanent placement of physicians and advanced practice clinicians, released its 2016 edition of the annual placement summary report. The placement summary includes all data from placements made in partnership with The Medicus Firm, at hundreds of hospitals, health systems, medical groups, and academic medical centers nationwide, in a variety of practice structures and types of communities.

One notable statistic is the extreme decline in private practice recruitment. Fewer than eight percent of placements were made in private practice settings, and the remaining 92 percent of physicians placed were as employees.

Additionally, the average amount paid in signing bonuses increased, which was probably helped in part by the $250,000 bonus paid to one physician. The three highest signing bonuses paid, each in the six-figure range, were for pulmonary/critical care, internal medicine, and hospital medicine.

Other key findings revealed from the 2015 placement analysis include the following:

  • Primary care once again dominated placement volume nationwide, comprising 35.57 percent of all placements made in 2015.
  • The overwhelming majority of physicians placed were hired as employees (92 percent). About 6 percent of physicians were placed into a private practice on a net income guarantee, and 1.7 percent were placed in a private practice with a gross income guarantee.
  • Placements in urban and metropolitan areas (pop. > 500,000) outpaced mid-sized and rural communities, for the first year in the company’s history of tracking this. Placements in urban communities comprised 36.76 percent of all placements, up from 33.66 percent in 2014, and 25 percent in 2013.
  • Non-physician advanced practice clinicians (PA/NP) placements continue to increase substantially, to 8.3 percent of total placements, up from 6.34 percent the previous year, and 1.32 percent in 2012. Physician assistants were the fourth most frequently placed provider in 2015, up from fifth highest in 2014.
  • The placement of American Medical Graduates reached another new high of 71.43 percent, up from 68.78 percent last year, and 58.55 percent in 2012, despite the fact that the proportion of international medical graduates has actually increased in the active U.S. physician population, according to the AAMC physician workforce report released in December 2015.
  •  D.O. placements (doctors of osteopathic medicine) increased as a percentage of total placement volume, to 11.74 percent, up from 9.9 percent the previous year, and up from 5.4 percent in 2011.
  • In addition to primary care, hospitalists, physician assistants, and OB/Gyn rounded out the top five specialists (most frequently placed) with the greatest placement and hiring activity for 2015. Family practice represented the highest volume of placements in 2015, with internal medicine ranking second highest for placement volume.

“This year’s report contained many continued, expected trends, with a few interesting, unexpected takeaways,” states Jim Stone, president of The Medicus Firm. “In general, we continue to see all indications that many of the physician workforce projections seem to be coming to fruition, and competition continues to intensify in searches for any and all types of physicians, regardless of specialty, location, or amenities. That said, primary care, and rural areas continue to experience the toughest competition – for those searches, hospitals and hiring entities must utilize all resources and be prepared for an intense battle for top talent.” Stone adds that physician assistant demand has increased significantly, particularly in primary care.

The Medicus Firm is part of the M3 USA family of companies, operating as a wholly-owned subsidiary of the healthcare solutions conglomerate.

For a copy of the report, or for media inquiries, please contact Andrea Clement Santiago, Director of Communications,

M3 USA Acquires The Medicus Firm Physician Search

Leader in Healthcare Digital Solutions Adds Physician Recruitment to Portfolio

Dallas, Tex., January 4, 2016– M3 USA, a leader in healthcare solutions for hospitals, health systems, and physicians, has acquired The Medicus Firm, a national physician search firm with offices in Dallas, TX and Atlanta, GA. The Medicus Firm joins other M3 USA brands including MDLinx and M3 Global Research as part of global leader in healthcare and life sciences, M3 Group.

“We are delighted to announce the acquisition of one of the nation’s leading search firms specializing in the permanent placement of physicians and advanced practice clinicians,” states Aki Tomaru, CEO of M3 USA. “We feel that the quality, service, and values of The Medicus Firm fit well with the mission of M3 USA to help bring positive change to healthcare through a variety of digital resources, top-notch industry talent, research, and media.”

The Medicus Firm was founded in 2009 via the merger of Medicus Partners (established 2001,) with The MD Firm (established in 2006).

“We are excited about working with the M3 team to enhance the levels of production and service we provide to healthcare organizations.  The resources and support of M3 USA will enable us to continue to grow our current business and to expand into other, complimentary businesses.” states Jim Stone, president of The Medicus Firm.

The terms of the acquisition were not disclosed. The Medicus Firm will continue to operate as an independent, wholly owned subsidiary of M3 USA.  The Medicus Firm was advised by Deloitte Corporate Finance.


About M3 Group:

The M3 Group operates in the US, Asia, and Europe with over 2 million physician members globally via its physician websites such as,,,, and M3 Inc. is a publicly traded company on the Tokyo Stock Exchange (jp:2413) with subsidiaries in major markets including USA, UK, Japan, S. Korea, and China. M3 Group provides services to healthcare and the life science industry. In addition to market research, these services include medical education, ethical drug promotion, clinical development, job recruitment, and clinic appointment services. M3 has offices in Tokyo, Washington D.C., Fort Washington, PA, Oxford, London, and Seoul.

About The Medicus Firm:

The Medicus Firm is an award winning physician search firm.  The company provides individualized, consultative permanent placement physician recruiting solutions to hospitals, health systems, academic medical centers, and medical groups nationwide. For more information, visit or contact Andrea Clement Santiago:

# # #

The Medicus Firm Bestows Annual Holiday Charity Gift to Komen Foundation

Honored Executive Shares Her Story of Survival

On behalf of its clients nationwide, The Medicus Firm gifted its annual holiday donation to The Susan G. Komen foundation for breast cancer research and community outreach.

“In recent years, we started a new holiday tradition that we hope will make an impact in the community and beyond. Instead of buying gifts for our clients, which could not possibly begin to express our gratitude to all of our business associates, we donate money to a charity on behalf of them,” states Jim Stone, president of The Medicus Firm. He adds that the firm’s employees typically vote on the cause they feel has the most impact and relevance to the values of the firm and of their clients.

“For the 2015 holiday donation, we selected the Komen foundation, because breast cancer has impacted so many of our associates, clients, and candidates, both directly, and indirectly,” Stone stated. “By giving money to a charity, rather than buying gift baskets or miscellaneous items, we can hopefully help make a significant, positive difference in people’s lives, on behalf of our clients.”

Lisa Wagner, regional vice president at The Medicus Firm, adds that “giving to charity mirrors our core values at The Medicus Firm. The feedback we’ve received over the years from clients and candidates has been overwhelmingly positive.” Wagner, who is a survivor herself, says she was “emotional, humble, and proud” when she learned that this year’s charity would be Susan G. Komen. “I am so very grateful and honored to be part of an organization that is giving to help others in the fight against breast cancer,” she continued. Wagner represented The Medicus Firm, along with president Jim Stone, in presenting the donation check to Hilda Avila, marketing and events manager of Susan G. Komen, Dallas County.

Hilda Avila (center) accepts the donation check from Jim Stone and Lisa Wagner of The Medicus Firm.

Hilda Avila (center) accepts the donation check from Jim Stone and Lisa Wagner of The Medicus Firm.

In previous years, The Medicus Firm has contributed to the Wounded Warrior Project, and Children’s Medical Center in Dallas. “We hope that our contribution this year to Susan G. Komen will be matched by other organizations and individuals, to lead to a cure and additional resources. We value the foundation’s role in increasing awareness and funding for breast cancer,” Stone concluded.

Reflecting upon her experience with the disease, as well as her employer’s subsequent contribution, Wagner is overwhelmed by emotion. “Being a survivor has changed my life so profoundly and positively that I would go so far to say it is one of the best things that ever happened to me. Upon learning the terrifying news that I had breast cancer… I made the decision to face this challenge head on with strength and determination and adopted an attitude that ‘failure is not an option.’ I knew if I got a second chance at life, my life would change drastically.”

Wagner says she no longer takes anything for granted, but makes every effort to live in the moment, to be kinder and more compassionate, and enjoy every sunset. “I tell my family how much I love them. I never assume people know how I feel about them. I simply don’t sweat the small stuff and keep smiling and laughing as much as possible,” Wagner states.

Even if you’re unable to make a donation, there are many ways to help those who are impacted by this disease. Wagner said that “just being there” can help immensely. “I have two dear friends I’ve seen only a handful of times over the past 28 years. When they heard my news, they both called me every day. There were times after surgery I didn’t remember talking to them, but they kept calling and sending cards relentlessly. It helped me so much!”

The Komen foundation, established  in 1982 by Nancy Brinker in Dallas, TX, in honor of her sister Susan, ” is the only organization that addresses breast cancer on multiple fronts such as research, community health, global outreach and public policy initiatives in order to make the biggest impact against this disease,” according to their website. For information about the foundation or to donate, visit the organization’s website at

87% of Physicians Signed in First Half of 2015 Hired as Employees

August 19, 2015 - Dallas, Tex. — Only 11.7 percent of physicians signed by clients of The Medicus Firm, a national physician search agency, were placed in private practice settings (as a physician owner/partner) in the first half of 2015. The majority of the physicians placed in the first half of the year, an overwhelming 87 percent, were hired on as employees of hospitals or group practices.

Additionally, the majority of physicians placed were in hospital settings (66.1%), while only 4.2% were placed into a solo practice setting. An additional 24.6 percent of the placements occurred in group practice settings.

The Medicus Firm analyzed all the physician placements made in the first half of 2015, from January 1 to June 30, to identify emerging trends for the year. In addition to the extremely high rate of employment, several other trends were identified based on placements made nationwide.

The volume of searches and placements of psychiatrists has increased significantly for 2015. “Our fourth most-frequently placed provider so far this year is psychiatrists,” states Jim Stone, president of The Medicus Firm. “This is a very dramatic increase in the demand of psychiatrists for us, as they were not even in the top ten providers placed last year. They were the ninth and tenth most placed providers in 2012 and 2013, however,” Stone added.

Other top placements by specialty for the first half of 2015:

  1. Family Medicine – 18.6% of total placements
  2. Internal Medicine – 11%
  3. Ob/Gyn – 5.9%
  4. Psychiatrists and Hospitalists – (tie) at 5% each

(The above specialties are among 40 different types of specialists and sub-specialist providers placed by the firm in the first half of 2015.)

“Primary care is still the single most significant need among our clients from coast to coast,” Stone states. “Primary care placements comprised 33.6% of total placements for us in the first half of 2015, which is comparable to 2014. However, hospitalists declined a bit in activity from second most-placed provider for 2013 and 2014, to tying for fourth place so far this year.”

Another interesting trend continuing to develop is the added growth of physician placements, especially by a retained, specialized firm, in urban and mid-sized communities. This is another dramatic shift over the past 10-15 years, Stone confirms. “Back then, the vast majority of clients seeking assistance from a highly specialized retained firm such as ours would have been rural hospitals,” he states. “However, more of our placements happened in urban, suburban, and mid-sized communities, than in rural settings. Stone added that the placement mix for the first half of the year is not significantly variant from the mix of active searches (which includes open, unfilled searches).

“The increase in search and placement volume in metro, urban, and suburban communities is indicative of the intensified competition for providers across the board, regardless of how attractive the hospital’s location or community may be,” Stone concludes.

2015 placements (January-June) by community size:

  • 35% Mid-sized communities (up from 28% in 2014)
  • 33% Urban (same as 2014, but high compared to previous years)
  • 32% Rural (<25,000 pop) (down from 37.56% in 2014)

About The Medicus Firm: The Medicus Firm is a national, retained search firm based in Dallas with an additional office in Atlanta. The agency specializes in permanent placement of physicians and advanced practice providers, and employs one of the largest, most experienced teams of retained permanent physician recruiters in the nation. The Medicus Firm has achieved several notable awards and distinctions in the industry since its inception in 2001, including “Best of Staffing” awards based on client satisfaction surveys, “Best Places to Work in Healthcare” by Modern Healthcare, and has also been designated as an Admini-Serve partner of the MGMA. To learn more, visit online at For media inquiries, contact Andrea Clement Santiago

12th Annual Physician Practice Survey Released

2015 Physician Practice Preference Survey

2015 Physician Survey Cover The Medicus Firm conducted its 12th annual Physician Practice Preference and Relocation Survey in the Spring, and released the results in the summer of 2015. Respondents answered 19 questions  via an online survey, the link to which was sent directly to physicians, PAs, and NPs. A total of 2,685 providers representing 19 specialties and 50 states completed the survey, which included  practicing physicians, as well as some residents and fellows. As it does each year, the survey included questions regarding compensation, practice preferences, motivation, job search, career goals, and industry trends.


Physicians are slightly more optimistic about their future income, with 10.6% expecting next year’s compensation to “increase significantly,” compared to 7.0% answering that way last year.

A higher percentage of physicians are open to new opportunities in the coming year. Only 34% said they will definitely NOT make a career change this year, compared to 43% last year.

The average number of years responding providers remained in their first job is 3.61 years.

The average number of jobs held so far in respondents’ careers is 2.49.

The most favored practice setting remains single-specialty group (30.3%) among practicing physicians.

Solo practice declined further from favor to 4.9% (from 7.7%) among practicing physicians.

Physicians’ opinions of health reform (ACA) softened moderately. This year, 16.74% of physicians gave the ACA an “F” as an overall grade for effectiveness, compared to 22.35% last year.


Trends in Physician Practice Preferences:

The most favored practice setting remains single-specialty group (30.3%) for practicing physicians, while residents and fellows showed a preference for hospital-employed practice (26.1%).

Physicians in training overwhelmingly favor major metro areas, even more so than last year, at 36.3%, while practicing physicians favor suburban (33.1%) or mid-sized (23.2%) practice settings over major metro (22.6%). Practicing physicians were almost twice as likely to consider practicing in a small city or rural community, than those coming out of training.

Solo practice declined further from favor to 4.9% (from 7.7%) among practicing physicians. Meanwhile, government and military practice increased in popularity from 2.5% to 4.1% of respondents selecting it as their most desirable practice structure.

Physicians’ opinions of health reform (ACA) softened moderately. When asked to grade the ACA, the percentage of failing grades declined in each of five categories/objectives, including the overall grade. This year, 16.74% of physicians gave the ACA an “F”, compared to 22.35% last year.

Could the coming year bring increases in physician turnover? Only 34% of physicians completely rule out a career change within the next year, compared to 43.1% last year.  Additionally, more of the physicians considering a move are doing so for financial reasons (31.1%) vs. 25.3% who were money motivated last year.


 For a copy of the 2015 results, please email

Signing Bonuses Increase for Non-physician Providers, Doctors Command up to $200k to Sign

Feb. 24, 2015, Dallas, Tex. – Hospitals and physician employers are offering up to $200,000 to sign a physician to fill key openings, a new report from The Medicus Firm physician search consultancy shows, underscoring the importance of offering signing bonuses to secure physicians. Additionally, the report reveals a growing trend of offering signing bonuses for non-physician advanced practice providers such as nurse practitioners (NPs) and physician assistants (PAs), as competition for such providers also intensifies.

In 2014, 50 percent of non-physician providers were offered a signing bonus, compared with only 11 percent in 2013. Additionally, the average signing bonus for a PA or NP increased from $3,000 in 2013 to $7,500 in 2014.

“What was once considered going ‘above and beyond’ in up-front bonuses, is now the standard practice. Most physicians expect a five-figure signing bonus when they are being recruited, so, to really get a physician’s attention for particularly challenging searches, some employers are offering six-figure signing bonuses,” states Jim Stone, president of The Medicus Firm.

“Prior to 2014, the largest signing bonus offered to one of our physicians was $75,000,” Stone adds. “In 2014, the highest signing bonus was $200,000. Already in 2015 we’ve placed a primary care physician with a signing bonus of $100,000 in a small town in New England.” He adds that he expects to see more employers and recruiters following suit with significantly sizeable signing bonuses.

The 2014 Provider Placement Summary includes five years of placement data from hospitals nationwide, and includes an analysis of hiring trends illustrated by placements in more than 200 facilities in a variety of settings.

The Medicus Firm releases an annual report summarizing the placement trends of the past several years, and the average signing bonus upon placement has ranged from $20,000 – $25,000 over the past five years.

Other healthcare workforce trends highlighted in the provider placement report include:

o   D.O. placements (vs. MDs) have almost doubled since 2011, increasing from 5.4 percent in 2011 to 9.90 percent in 2014.

o   Non-physician advanced practice providers (PA/NP) placements increased from 1.32% in 2012 to 6.34% in 2014. Physician Assistants were the fifth most-placed provider in 2014, up from 6th in 2013, (prior to that year, PA placements weren’t in the top ten.)

o   Primary Care providers continue to be top needs. Specialties placed the most frequently, for the 3rd consecutive year, were Family practice, Hospitalist, and Internal Medicine, respectively, from first to third.

o   Placements of American Medical Graduates increased to a five-year high of 68.78 percent, up from 56.1 percent in 2010.

o   The percentage of placements in urban/metro communities jumped nearly 9 points from 25 percent in 2013 to 33.66 percent in 2014.

“The increase in the placement of providers in larger metropolitan areas is noteworthy for healthcare employers, because, historically there has been a perception among hiring authorities that hospitals in metropolitan areas don’t ‘need’ to retain a search firm to find doctors. However, many urban centers are finding it increasingly challenging to find enough physicians, particularly primary care physicians and hospitalists, needed to meet the growing demand,” Jim Stone concludes.

For a copy of the 2015 Provider Placement Summary 2010-2014, email Andrea Clement Santiago,