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Every year, approximately seven percent of physicians resign for a variety of reasons. They move to a new physician job with higher earning potential or for growth opportunities; they relocate to be closer to family; they accept a physician job with better hours or lower stress.
Demand for physicians in rural areas has never been greater. According to the AAMC, 20% of the US population lives in rural areas, but only 11% of physicians work there — and that figure is likely to decrease. Due to a projected increase in physician retirements, the number of practicing rural physicians will decrease by 25% by 2030. Additionally, the number of medical school students from rural areas is steadily declining, meaning the group most likely to practice in rural areas is shrinking.
Show me the money. While most physicians don’t go into medicine solely for the high compensation, the six-figure income doesn’t exactly hurt.
If you are among the group of future physicians entering or already in residency, the fast-paced, all-consuming nature of it can leave you with little time to think about where all your hard work is leading — or, more importantly, where you want it to take you.