How to Increase Physician Wellness?

Concierge physicians also need wellness incentives to improve their practices, so when they invest in physician wellness, it is a crucial component of your practice's human capital strategy. You cannot ignore the cost while studies have linked physician burnout to high turnover, poor health outcomes, low productivity, increased medical error, and alienated patients. Medical concierge Los Angeles physicians must offer benefits that reduce work-life friction and increase incentives for physicians by the providers.

1. Relocation assistance

The essential consideration of moving to some new location could be complex for the employees though moving services are not thinking as a physician wellness incentive. It is difficult and quite stressful for many people to move to some other place, so you can give them relief by providing onboarding to start a new job with no stress and anxiety.

2. Student loan assistance

You can also support concierge physicians with student loans because medical school is expensive, so only 73% graduated with heavy loans. The median debt was $200,000 in 2019. They can get relief from student loans if they work in a non-profit hospital, whereas for many people paying off a student loan is difficult and stressful. If your company list innovative physician wellness bonus by adding student loan assistance, it can help you retain talented employees. It will also improve their mental health and financial wellness.

3. Physician coaching programs

Concierge physicians' opportunities, peer-to-peer coaching, and mentorship programs can help them prevent burnout and low stress levels. An employment bonus including such programs can benefit both the employer and employee because of lower turnover rates and increased productivity.

4. Back-up child care

For everyone, child care is a priority, especially when both parents are working and cost and logistics have complicated the issue for the physicians. During a pandemic, it has become difficult to find child care almost impossible, so backup child care benefits last-minute child care challenges won't turn into a workplace disruption.

5. Concierge and errand running services

These services help physicians who are suffering bankruptcy to provide a resource to offload some of their household responsibilities, errands, and personal tasks. The program is sponsored by employers and providers as the more they will higher, the more time they will save. The physicians served by the providers can save between one and seven days a month on average. Some of them get their engagement with clients by scoring 10%.

Conclusion

Concierge doctors in Los Angeles and their practices should be financially and morally obliged to the provider wellness program so they can get benefits against high burnout, turnover rates, low productivity, alienated patients, and medical mistakes. They should be assisted with the student loan, relocation, and child care stress and anxiety when running through critical conditions.