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SECURING A PHYSIATRIC POSITION - THE RECRUITER‘S PERSPECTIVE

SECURING A PHYSIATRIC POSITION - THE RECRUITER‘S PERSPECTIVE . LINDA FARR FARR HEALTHCARE, INC. NOVEMBER 12, 2014. Disclosure. Linda Farr is President, Farr Healthcare, Inc. and works with national rehab organizations such as Vibra Healthcare, HealthSouth, and RehabCare

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SECURING A PHYSIATRIC POSITION - THE RECRUITER‘S PERSPECTIVE

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  1. SECURING A PHYSIATRIC POSITION - THE RECRUITER‘S PERSPECTIVE LINDA FARR FARR HEALTHCARE, INC. NOVEMBER 12, 2014

  2. Disclosure Linda Farr is President, Farr Healthcare, Inc. and works with national rehab organizations such as Vibra Healthcare, HealthSouth, and RehabCare Group/Kindred and some academic rehab programs.

  3. INTRODUCTION • Notable US health system transformations over the last 2 decades • Different perspectives on the physiatrist’s role • Impact of the passage of health care reform

  4. THE FUTURE “The next 20 years are going to be a lot tougher than the past 20 years for physicians.” From a study titled How to Prepare Your Medical Practice for the 21st Century

  5. SECURING A PHYSIATRIC POSITION • Impact of the health care system • Physiatric services in demand • Compensation issues

  6. THE HEALTH CARE SYSTEM • Impact of horizontal and vertical integration considerations: • Ability to get referrals • Group size • Rural vs. urban

  7. Accountable Care Organizations • Patient care=funding • Epidemiology • Broad focus of services

  8. PHYSIATRY SERVICES IN DEMAND • To be or not to be: physiatry as primary care or not • Payment bundling • Each doctor will need to provide value to the patient visit

  9. Passage of health care reform • Increased need for doctors • Nearly 1/3 of doctors will retire in the next decade • New patients with no deductibles or copays

  10. Non-medical decisions crucial • Planning, time management, the right team • “It’s tough to be an expert in more than one profession when time is the currency of value.” Dr. Bernard Morrey

  11. The Economy “Where physician can save time during their day makes a trememdous difference.” From How to Prepare Your Medical Practice for the 21st Century

  12. COMPENSATION • RVU’s • Doctors staying where they are • Reimbursement cuts affect salaries and services

  13. Compensation considerations • Opt out of Medicare/aid • States with no income tax • Contracts – income guarantee, restrictive covenants, partnership

  14. CONCLUSION • Health care system – bigger maybe better • Services – broad abilities • Compensation – time=money

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