THE PHYSEMP INDEX: The Money

Three Forces Reshaping Physician Recruiting Competition in 2026

Medicare physician reimbursement change since 2001, adjusted for inflation: −33% Increase in physician practice overhead over the same period: +47% (We will pause here to let that sink in. Take your time.) Medicare reimbursement cut that took effect January 1,..

Burnout Emerges as Primary Driver of Physician Attrition

Burnout Emerges as Primary Driver of Physician Attrition

Nearly half of U.S. family physicians now report burnout, with new research establishing a direct causal link between burnout and workforce exit intentions. This analysis examines why individual resilience programs fail to address the structural drivers of physician attrition and what the labor market implications mean for healthcare systems competing for clinical talent.

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