Resource:

Physician Talent Management: Human Resources Transforming Healthcare

White Paper

Challenge: Cultural Transformation  Care Continuum  

Content provided by AHA Endorsement partner: The Physician Leadership Institute

This white paper offers a detailed plan for developing physicians for leadership positions and ensuring seamless transitions.

Resource thumbnailHealthcare CEOs are concerned about the lack of bench strength in their organizations. They are worried they lack sufficient "ready now" physician candidates to replace both planned and unplanned losses of key leaders. Without physicians who are prepared to step into leadership positions, the continuity and future performance of the organization is at risk. Consider these key contributing issues:

  1. Healthcare is a high turnover industry. Medical executive leadership positions are planned for short tenures, usually assuming 100 percent turnover every one to two years.
  2. Healthcare organizations traditionally have done little to plan for the transition of key leadership and even less to prepare for unexpected vacancies, resulting in high replacement costs, loss of revenue, decreased performance, and shrinking market share.
  3. Physician alignment, engagement, and leadership are lacking due to many factors including, M.D. bias, clinical culture, and deficient business acumen and other non-clinical skills.