Is there Hope for Healthcare?

Let’s Make Healthcare Well-Being a Priority

Dr. Katie Cole, affectionately called “The Healer’s Healer,” asserts that by educating and collaborating with key healthcare leaders and stakeholders, and by using intuitive and science-driven solutions for healthcare organizational well-being, there is indeed Hope for Healthcare.

It’s time to broaden your network, expand your community, and become actively involved in our national movement for healthcare well-being.

The Great Resignation – A Burnout Crisis

Now, more than ever, it is critical to shift our focus to the well-being of our leaders, physicians, staff, and systems nationwide. Why? The numbers tell a grim story…

33%

33%

We are in the midst of Medicine's Great Resignation: in the next two years, approximately one in three physicians, advanced practice providers, and nurses intend to reduce work hours. According to a recent study, one in five physicians and two in five nurses intend to leave their practice altogether. *

75%

75%

According to the National Academy of Medicine, up to 54% of nurses and physicians, 60% of medical students and residents, and 61 to 75% of pharmacists in the U.S. have symptoms of burnout -high emotional exhaustion, depersonalization (e.g., cynicism), or a low sense of personal accomplishment from work. **

117,000

117,000

That’s how many physicians left the workforce in 2021. The same study by Definitive Healthcare estimates that 333,942 healthcare workers left the workforce in 2021. With a projected shortage of nearly 140,000 physicians by 2033 and a shortage of three million lower-wage healthcare workers in the next five years, U.S. Surgeon General Dr. Vivek Murthy has sounded the alarm on the country's ongoing healthcare burnout crisis.

51%

51%

51% of female physicians experience burnout compared to 36% of men.***

Female doctors have consistently reported higher rates of burnout compared to male doctors throughout the last few decades. 2021 showed a greater disparity compared to normal. A psychiatrist at the Montefiore Medical Center attributed this to the impact of COVID-19 on family units. It is well known that women assume more responsibilities in the home compared to men, so women also assume more pressure when children are learning digitally.

How Do We Address the Burnout Problem?

Together we can positively shift our national healthcare landscape to foster engagement and bring the ‘care’ back to healthcare.
To do that, we have to:

Re-ignite

Healthcare Engagement & Passion

Re-imagine

Cultures for Retention & Resiliency

Re-design

Systems for Transformation & Profitability

If you want to join our community and support the national Movement for Healthcare Well-Being, a good place to start is by joining Dr. Cole’s podcast – Hope for Healthcare. Listen to potent, solutions-based conversations that positively advance the culture of medicine. You can also read Dr. Cole’s blog posts, explore our movement resources, or attend educational events.

PHYSICIAN BURNOUT COSTS UP TO $6.3 BILLION

(Annals of Internal Medicine)

This is a massive cost that healthcare faces. The true expense is between $2.6 billion and $6.3 billion per year. This is from the cost of recruiting and replacing physicians when they leave their positions or cut back their hours. Turnover is starting to become a problem.

 

FEMALE DOCTORS HAVE 250-400% HIGHER RATES OF SUICIDE

(NCBI)

Death by suicide is already more common among health experts than any other profession. But this is even more likely for female physicians. According to a report from the American Foundation for Suicide Prevention, death by suicide is 250-400% more likely for female doctors due to stress and depression. This is because they are more prone to experience more negative outcomes from stress than other occupations.

300-400 DOCTORS DIE BY SUICIDE EACH YEAR

(NPR)
Physicians commit suicide at rates of 28 to 40 per 100,000 people. This is over double the rate of the average American. Doctors are working in high-stress environments, which contributes to depressive disorder. These can then spiral into suicidal thoughts and attempts.

Dr. Katie Cole, D.O.

Healthcare & Organizational Well-Being Change Agent

Dr. Katie Cole is an award-winning psychiatrist and well-being advocate who works with healthcare leaders and organizations to reinvigorate their passion for medicine, create healthier life-work balance, and prevent costly burnout by expanding our well-being community.

Ready to Join our National Movement?

Healthcare transformation is not only possible, but it’s also more crucial now than ever before. Join our Healthcare Well-Being Community to learn how you can integrate successful well-being practices, which promote professional fulfillment while enhancing profitability.

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References
* Sinsky et.al. published in Mayo Clinic Proceedings: Innovation, Quality & Outcomes, 2021.
** Jones et al., 2017; NASEM, 2019; Pa- tel et al., 2021
*** MedScape