Physician burnout is expensive to an organization, contributing to direct costs of recruitment and replacement when physicians leave or reduce their clinical work hours. For an organization, the cost of physician burnout can range from $500,000 to more than $1 million per doctor. This estimate includes recruitment, sign-on bonuses, lost billings and onboarding costs for replacement physicians.
There is a physician burnout epidemic in the U.S. With almost half of all physicians suffering from burnout, it is important for doctors to understand they are not alone in how they are feeling. Even physicians who have achieved the heights of the profession have experienced burnout at some point in their careers.