Ophthalmology Business

DEC 2012

Ophthalmology Business is focused on business topics relevant to the entrepreneurial ophthalmologist. It offers editorial, opinion, and practical tips for physicians running an ophthalmic practice. It is a companion publication of EyeWorld.

Issue link: http://digital.ophthalmologybusiness.org/i/98302

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Page 19 of 27

Part-time physician work on the rise by Vanessa Caceres Contributing Writer Why part-time work is increasing and how some ophthalmologists swing it 20 A desire for better work/life balance is leading a number of physicians, including ophthalmologists, to consider part-time work. Could it be a good option for you or another physician on your staff? Some physicians who are choos- Ophthalmology Business • December 2012 ing the part-time route are fresh out of medical school and just starting a family. Others are closer to retirement age but not quite ready to play golf or tennis all day. Although it is difficult to track down statistics regarding the number of part-time ophthalmologists in practice right now, there is a definite trend toward part-time physician work. "Since 2005, the part-time workforce has grown by 62%," said Mary Barber, vice president at the healthcare recruitment firm Cejka Search, St. Louis. "This trend tracks with the change in profile of today's medical workforce, in which the two fastest growing segments are female physicians entering the practice and male physicians approaching retirement." A 2010 survey conducted by Cejka Search and the American Medical Group Association found that 13% of male physicians and 36% of females practiced part time. That's an increase over 7% and 29%, respectively, in 2005. "Some physicians are drawn to practices where they know part-time work is an option," Ms. Barber said. "Physicians entering practice are usually interested in a full-time schedule, but knowing that the culture of the practice permits flexibility later in their careers can give the practice a competitive edge. Additionally, physicians who are not ready to fully retire can continue to practice on a part-time basis, which is critical during this time of physician shortage," she said. Of course, part-time work as a physician usually involves more than the standard 20 hours it might in other professions. Instead, part continued on page 22

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