Task force: Physician burnout costs healthcare industry up to $17B annually
April 26, 2018 / Tina Reed
Burnout isn't just a serious problem for providers. It's an expensive one for the health systems they work for, costing up to $1.7 billion a year in turnover among hospital-employed physicians. That's according to a paper released Wednesday from a newly formed task force of doctors aimed at changing the conversation around burnout. The costs for burnout-related turnover may be as high $17 billion for all U.S. doctors, estimates from the National Taskforce on Humanity in Healthcare show. The task force also estimated the costs of burnout among nurse’s costs hospitals an additional $9 billion annually and costs $14 billion to the healthcare industry at large.