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Financial Health Still Worries PhysiciansFinancial health
52
% are very or somewhat concerned about the financial health of their organization
Financial Pressure Drives ChangeFinancial health
48
% of physicians are considering major operational changes to offset financial burdens (static for 3 years; led by 56% of Millennials)
Labor Shortages Hit FinancesFinancial health
46
% cite labor shortage/ability to find and retain qualified staff as a financial concern
Most See Solid Financial GroundFinancial health
67
% of physicians believe their practice is on solid financial footing (led by 75% of Boomers+ vs. 65% of Millennial/Gen X)
Practice Viability Is a Recurring WorryFinancial health
75
% of physicians worry at least once a year about the financial feasibility of running their practice (including 71% of those who feel on solid financial footing)
Staff Costs Strain PracticesFinancial health
47
% cite cost of staff retention and acquisition as a top financial concern