Retention of Qualified Physicians Declines Due to Financial Burdens

Financial burdens aren't just for the middle class, many doctors are actually leaving healthcare because the dollars don't make sense.

With many qualified physicians leaving healthcare due to financial burdens, the prospect of being left with only sub-standard healthcare providers is staggering. Many leaders in their respective medical fields express their frustration with struggling to provide excellent care, and yet often earning less than what is needed to sustain their own professional insurance premiums or to absorb the write-off expenses associated with patient insurance legislation. The "insurance hoops" are becoming so numerous, that many are simply giving up, or relocating to other countries where they can sustain a practice.

One of the key cornerstones in any market is its healthcare system, and as healthcare undergoes more stringent regulations and financial margins are squeezed even tighter, hospitals are finding it hard to maintain their viability. This financial strain also often leads to the added struggle of attracting top intellectual capital. "What is critical to the situation is a comprehensive approach to not only assisting these physicians in how they manage their practice of medicine, but to address the market changes facing these facilities", says Tamarin. "When a market loses its healthcare system, it also loses its tax base through the out-migration of healthcare professionals, which often make up its highest paid employees, and therefore the greatest contributors to the tax base."

Interim Executive Management is an international corporation with a history of assisting those within the healthcare industry as they assess "risk versus compensation". Their expertise strategically affords them the ability to assist physicians as they struggle to adopt different business models for their practices. IEM is staffed with a team who is cross-trained in a broad range of industries, and are the product of years of work in their respective fields. "If we're going to shift the tide of physicians fleeing across the globe, we're going to have to prove to them that a sustainable practice in which they can both provide excellence in care and earn a living is a real possibility. To do this, a financial model which incorporates how to work within the government system is critical,"says Tamarin Lindenberg, IEM CEO.

IEM is led and founded by Tamarin Lindenberg, a hands-on CEO dedicated to guiding medical professionals to implemented solutions - a partner to get them beyond the flood of recommendations and experience real change.