A Recruiter Can Save You Thousands Per Day

You might think this sounds backwards, but a recruiter can actually save you money! Even thousands of dollars per day.

In this example, we will be focusing on Physicians, although similar numbers can be seen with Physician Assistants and Nurse Practitioners (commensurate with their annual revenues).

To begin, we first need to know what exactly the cost is of a physician vacancy. According to a 2019 Physician Inpatient/Outpatient Revenue Survey by Merritt Hawkins, the following illustrates one physician vacancy and how it equates to thousands of dollars of missed revenue (both direct and indirect) every day the position goes unfilled:

Specialty Annual Revenue Monthly Revenue Daily Revenue

Orthopedic Surgery $3,286,764 $273,897 $9,004

General Surgery $2,707,317 $225,609 $7,417

Cardiology (Invasive) $3,484,375 $290,364 $9,546

Internal Medicine $2,675,387 $222,948 $7,329

Engaging a dedicated healthcare recruiting team can drastically reduce the length of time it will take to hire a qualified candidate into your practice. The first step is getting candidates screened and presented to the hiring managers at your organization - and nobody does that faster than CHS Recruiting. We are proud to say that we present qualified candidates to 90% of our clients within 15 days of beginning a search, while simultaneously offering flexible, competitive rates to help maintain your bottom line.

We also help coordinate the interview process and maintain regular communication with the candidates, to ensure you aren’t unknowingly losing potential hires to competitors who are moving faster or extending offers with aggressive deadlines.

Every day you spend recruiting is a day your practice is losing money, so it’s critical to engage expert recruiters who can get candidates into process FAST. If CHS Recruiting helps you onboard a qualified physician even two days earlier than you could have on your own, our placement fee will pay for itself and then some!