Physician burnout is real … and costly.
Aside from negative clinical outcomes, it’s costing the U.S. healthcare industry roughly $4.6 billion a year, according to a recent study published in the Annals of Internal Medicine. At an organizational level, the annual cost associated with burnout is approximately $7,600 per employed physician each year.
One culprit to the burnout: paperwork.
Why is it Paperwork?
The study cites a mounting load of paperwork, in addition to bureaucratic demands, and policy and legislative changes as main factors contributing to physician burnout.
Think about it. Physicians are required to submit their documents and information to every healthcare facility they visit. It’s a redundant process of faxing, dropping off and emailing pages and pages of paper, over and over. And then they wait – up to 120 days – to get privileged at each facility. Of course, there’s a cost involved too, usually more than $1,000 each time.
It’s a stressful process.
What's the Remedy?
Decrease the paperwork. As a company that has transformed paper-based processes in healthcare with digital technology, we know it can be done. Credential and privilege digitally in a way that
- allows physicians to submit information only once,
- gives physicians portability of their credential file,
- gives the medical staff office or HR office all the information digitally at their fingertips,
- privileges and credentials in 24-hours, and
- decreases costs for everyone involved
That’s how our technology SEC³URE Ethos works, and why each practitioner needs a SEC³URE Passport. Whether a contracted clinician or physician, we make compliance easy for them, so they can focus on their job.
Want to get rid of the paperwork associated with physician burnout? Learn how our medical credentialing and verification can help.