2024 Review of Physicians and Advanced Practitioners

2024 Review of Physician and Advanced Practitioner Recruiting Incentives

Federally Qualified Health Centers (FQHCs) Continue Safety Net Role Five percent of AMN Healthcare’s search engagements tracked in the 2024 Review were conducted for Federally Qualified Health Centers/Community Health Centers or Indian Health facilities, the same number as the previous year. FQHCs offer a primary care, behavioral health and dental care safety net for all patients regardless of their ability to pay. FQHCs are supported by both sides of the political aisle, and federal funding is regularly approved to support them. As long as funding is available, FQHCs will play a vital role in providing care for traditionally underserved populations and will continue to be active in the recruitment of primary care physicians, behavioral health professionals and dental professionals. Recruiting Not Limited to Rural Areas Physician and APP shortages, and, by extension, physician recruiting efforts, are often thought to be concentrated in smaller communities and rural areas. AMN Healthcare’s 2024 Review underscores how this dynamic continues to change. For the first 22 years that AMN Healthcare/Merritt Hawkins completed the Review , the number of search engagements we conducted in communities of 100,000 or more never exceeded 50%. That has not been the case over the last seven years (see chart below):

PERCENT OF AMN HEALTHCARE SEARCH ENGAGEMENTS IN COMMUNITIES OF 100,000 OR MORE

2023/24

2022/23

2021/22

2020/21

2019/20

2018/19

2017/18

66%

71%

68%

67%

66%

66%

62%

As these numbers indicate, during the 2024 Review period, two thirds of AMN Healthcare’s search engagements were for communities of 100,000 people or more. AMN Healthcare worked for clients in 49 states during the 2024 Review period, underscoring the national presence of physician recruiting needs and challenges. Average Starting Salaries AMN Healthcare’s Review tracks the starting salaries offered to recruit physicians and APPs, as well as other types of recruiting incentives. Average starting salaries represent the base only and are not inclusive of bonuses or other incentives. This is in contrast to physician compensation numbers compiled by the Medical Group Management Association (MGMA), the American Medical Group Association (AMGA) and other organizations, which track overall average physician incomes rather than starting salaries.

AMN Healthcare’s salary ranges are therefore indicators of the financial incentives needed to attract physicians and APPs who are already established in a practice, or those coming out of training, to a practice opportunity, rather than indicators of physician and APP average incomes.

© AMN Healthcare 2024

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